How many marketers are earning leveraged residual income?
I have taken a detailed look at many marketers here and I tend to find the lack of leveraged residual income. I see great business models. Product creation, syndication, SEO, networking but never see leveraged residual. I see leverage from all of the business models but not leveraged residual. Why do I keep mentioning leveraged residual well because its income that
1. Keeps paying you after you do the work once. Pays you potentially forever.
2. Leveraged residual income goes beyond the gathering affiliates for products its leveraging several levels down. You get paid off of affiliates of affiliates of affiliates.
3. Once you get to a certain mark you just create duplication for your network. The money keeps coming as long as you are training your network.
4. Offline methods work easier. The internet is a bit crowded. If your in any niche that talks about money the first thing people want to see is success in your life. I have had much easier getting leads offline through one question. "Just throwing this out there but would you be interested in a side project that doesn't interfere with what you are currently doing?" I was getting 50-75% conversions.
Most people answer yes or what is it. I have a nifty little answer for that as well for a yes, no or what is it. (I only tell that to my team, wink)
5. Billionaires endorse Network marketing as the shortcut to the 1%. Because of the leveraged residual income. No other business model has this built in. My biggest issue with Network Marketing has always been high start up costs. I can pay it but I know that its no walk in the park making a associate part with hundreds to thousands of dollars.
My point of creating this thread is to get a rant out of me. I was involved in a Network Marketing company but it was a $500 join fee. (Hint: Gold and silver) It was easy to get leads on the phone and in person but $500 was steep of a parting price. Lets just say that I found a Network marketing company at a tenth of the price that made me tear the screen down to get inside. Back to offline machine mode....(ha ha ha - evil laugh) Don't worry I will come back when I have grown at least 10 times.
My advice to the struggling marketer is to create success offline or move to another niche if your doing any niche with money promises. The IM niche has become a bit crowded because of many nobodies (zero to hardly anything earners) that are told to position themselves as the expert. People that have results will attract others. Like Cuban Gooding jr said on Jerry Mcguire. "Show me the money!"
I have been on too many sites where the product owner is saying "Here is how to make $300 a day." Where is your proof? Oh I am just supposed to believe you? I roll my eyes and sometimes out of curiosity check out their free book and then throw up (metaphorically) from the same stuff being rehashed online.
NO VALUE ADDED just a attempt to fool suckers. People are smarter than you give them credit for. Online is best for when you have some momentum already. Attraction marketing (you must have tangible results to pull this off), SEO experts, advanced writers who make relationships and get their content in front of a flood of targeted viewers, product owners with real results and master networkers do the best online.
Learning and applying these skill sets takes years to get to a high level unconscious competence. Newbies with a employee mind state expect to receive money in weeks to months. I found that I am most potent in being a human lead capture machine. I mean name, email, phone and follow up. I will stick to what I have learned to be good at and do it 95% offline. When I meet my initial mark I will use more online leverage. What is the area you do best at or want to learn to be a expert in?
1. Keeps paying you after you do the work once. Pays you potentially forever.
2. Leveraged residual income goes beyond the gathering affiliates for products its leveraging several levels down. You get paid off of affiliates of affiliates of affiliates.
3. Once you get to a certain mark you just create duplication for your network. The money keeps coming as long as you are training your network.
4. Offline methods work easier. The internet is a bit crowded. If your in any niche that talks about money the first thing people want to see is success in your life. I have had much easier getting leads offline through one question. "Just throwing this out there but would you be interested in a side project that doesn't interfere with what you are currently doing?" I was getting 50-75% conversions.
Most people answer yes or what is it. I have a nifty little answer for that as well for a yes, no or what is it. (I only tell that to my team, wink)
5. Billionaires endorse Network marketing as the shortcut to the 1%. Because of the leveraged residual income. No other business model has this built in. My biggest issue with Network Marketing has always been high start up costs. I can pay it but I know that its no walk in the park making a associate part with hundreds to thousands of dollars.
My point of creating this thread is to get a rant out of me. I was involved in a Network Marketing company but it was a $500 join fee. (Hint: Gold and silver) It was easy to get leads on the phone and in person but $500 was steep of a parting price. Lets just say that I found a Network marketing company at a tenth of the price that made me tear the screen down to get inside. Back to offline machine mode....(ha ha ha - evil laugh) Don't worry I will come back when I have grown at least 10 times.
My advice to the struggling marketer is to create success offline or move to another niche if your doing any niche with money promises. The IM niche has become a bit crowded because of many nobodies (zero to hardly anything earners) that are told to position themselves as the expert. People that have results will attract others. Like Cuban Gooding jr said on Jerry Mcguire. "Show me the money!"
I have been on too many sites where the product owner is saying "Here is how to make $300 a day." Where is your proof? Oh I am just supposed to believe you? I roll my eyes and sometimes out of curiosity check out their free book and then throw up (metaphorically) from the same stuff being rehashed online.
NO VALUE ADDED just a attempt to fool suckers. People are smarter than you give them credit for. Online is best for when you have some momentum already. Attraction marketing (you must have tangible results to pull this off), SEO experts, advanced writers who make relationships and get their content in front of a flood of targeted viewers, product owners with real results and master networkers do the best online.
Learning and applying these skill sets takes years to get to a high level unconscious competence. Newbies with a employee mind state expect to receive money in weeks to months. I found that I am most potent in being a human lead capture machine. I mean name, email, phone and follow up. I will stick to what I have learned to be good at and do it 95% offline. When I meet my initial mark I will use more online leverage. What is the area you do best at or want to learn to be a expert in?