Can the typical Joe truly make money?
The quick response is of course, well okay “maybe”. You see making money online is very simple, in spite of this creating the sort of income that inspires nearly all of us requires a tad extra.
browse the internet for any extent of time, and you will surely stumble on at least a dozen so called cash generating offers that pledge to liberate you from your existing fiscal situation. For only $9.95 (or $39 , or $87 , or no cost) by our latest video, do these unbelievably simple steps (yeah right) and you will be rolling in the cash in no time at all.
What a bunch of bull.
Nonsense ingeniously cloaked in clever copy.
The empty promises these pitches make makes me want to be sick. Don’t mistake me, it is simple to earn money online, but it doesn’t come for just few bucks or with no effort on your part. No, to be really honest building a business on the online, like building a brick and mortar business is going to require capital of at least a couple of thousand dollars in startup and then a few hundred dollars to a few thousand dollars a month in advertising and maintenance.
Just like a bona fide business.
The get rich quick group has tainted the entire home based business arena, and it’s full time we set the record straight. The MLM industry is partly to blame for the distorted perception with the over zealous members taught to sell the dream ad nauseam, and worst yet to go bug their family and friends to join them in a failing endeavor.
So what does it truly take to earn money online?
It’s simple: “marketing”… (and of course some hard work)
Obviously a product is required, but without marketing, the best product in the world isn’t going anywhere. And, fortunately for us making a living online, marketing on the online is simple, and once you get is setup correctly, basically hands free.
Marketing on the online involves two major factors: developing a “sales funnel” and then driving massive traffic to that sales funnel. The bad news is setting up a highly optimized sales funnel is time consuming, and costly, the good news is once it’s setup, you can focus the majority of your efforts on driving the traffic to the front end.
But driving traffic is simple as long as you have some sort of marketing budget to work with. I teach a monkey to generate 2000 leads a month, so as long as the sales funnel is set up to produce consistent results, you should be able to generate a 300% to 400% return on investment. At least that’s what my sales funnel achieves.
Here’s where a lot of people get tripped up. They assume that joining an affiliate program or even an multi level marketing business, is building a business. Nothing could be further from the truth. Going down that path alone and you are building the business of the affiliate owner or multi level marketing business, not your own.
Now, I have as part of my sales funnel both affiliate programs, and multi level marketing businesses but they are part of my money making machine, not the sole thing I do. And my sales funnel is setup and controlled by me. There are services to be had that specialize in teaching people on how to setup world class sales funnels, and in fact stumble on the right one and you can get a basic setup to start making money with straight away.
So of course, you can make money … if you do it right.
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This post was written by admin on December 21, 2009
