QUESTION - Why should one CHOOSE Internet Network Marketing?
Hello everyone,
Cool forums! I am glad to be posting here. Anyway - I just wanted to comment on why *I* specifically chose Internet Network Marketing as my "vehicle of choice" in obtaining financial freedom. I would be interested in hearing how/why YOU chose this industry.
In my opinion, the fastest, best, easiest, AND least riskiest way to replace your full-time income from a day job, is through Internet Network Marketing.
Here are a few reasons:
1) Residual Income (cashflow): When you work a normal 9-5 job for instance, an hour's worth of work ALWAYS = an hour's worth of pay. In other words, there is ZERO leverage. When evaluating legitimate income opportunities, ALWAYS look for vehicles that can produce residual income (money making money). Examples of vehicles that can create residual income are....
a) Real Estate investing (cash flow from real estate properties).
b) C-Corporations (i.e. the owner of Nike doesn't have to "work" to make money....he has guys under him that do the work)
c) Franchises (i.e. McDonalds)
d) Dividends from Stocks
e) Traditional Sales Jobs (you get paid based on results...earn commissions). Examples are being a Life Insurance Agent, Real Estate Agent, etc.
f) Traditional Multi-Level Marketing (i.e. Amway, Quixtar, etc.)
g) Internet Network Marketing
Out of ALL of the above options, I have found that Internet Network Marketing is by far the most effective way for an "average guy" to make money in a very quick amount of time (with the least risk and very little money). Let me explain why:
-Obviously to start a large Corporation, it takes a lot of work, lots of up front money (unless you REALLY REALLY REALLY know what you're doing), and it may take years upon years to make decent money.
-With Real Estate, the same thing thing applies. For most people, it requires a huge amount of capital upfront (unless people already have a great track record/experience for real estate investing.....in which case, banks and other investors will be more willing to cut deals with you in which case you don't have to put huge amounts of upfront money down).
The other thing with Real Estate and C-Corporations, is that it's NOT financially forgiving......if you screw up. One bad decision can do some serious financial damage to you. Next!
Franchises (i.e. McDonalds, etc). Franchises are a great way to generate residual income, but you have to be super rich. To get a Quizno's franchise for instance, you might have to pay $250,000 up front! Most people aren't rich enough to pay that kind of money, AND pay for their own manager to run the franchise. If you choose to be the manager yourself, you are often working 50-60 hours a week. Next!
Stock Dividends: Again - for most people (that don't have years upon years of experience and knowledge), most dividends won't pay you very much (relative to how much you actually pay up front for a stock dividend). Next option!
Traditional Sales / Traditional Multi-Level Marketing:
This is the category where people like Real Estate agents, Life Insurance Agents, etc., fall under. People that are doing Amway, Quixtar, etc. fall under this category.
While these types of 'income opportunities' are good in the sense that...
A) Doesn't require very much start-up costs
B) Great money can be made in a fairly short amount of time (relative to most other jobs)..
Here are some drawbacks:
A) Skill set: For most people, "selling" people and "talking to others" is extremely difficult. Even if you yourself can do it, your teammates may find it very difficult (in other words, if you are trying to build a 'team' under you so that you can earn commissions, it might be tough since most won't be able to do what you do). In other words, most of the people you 'recruit', will probably quit on you.
B) Expensive: With these types of jobs, you waste a lot of money on gas! (even if you get tax breaks for money spent on gas, most people still end up in the red!).
C) Bugging family/friends, cold calling, going to flea markets to "pitch" your opportunity, going to strangers' houses, etc.: Again - most people cannot do this.
Bottom line: While some people DO make great money via traditional Sales and/or Multi-Level Marketing, the fact is that it's VERY tough for most people. As result - there is usually very low retention in these types of jobs (i.e. most people quit).
If you want to build a TEAM, they must be able to DUPLICATE what YOU do. In order to have duplication, the TOOLS must do most of the selling. The "human element" must be EXTREMELY limited.
That leads to the world of Internet Network Marketing: A place where...
A) Residual Income (money making money) exists.
B) Not a whole lot of previous skill and/or upfront capital is required (i.e. only $500 to $3,000 up front...if that much).
C) ANYONE can duplicate what you do (i.e. people don't have to talk to anyone, "sell" anyone, hold house parties, cold call, travel, etc., etc.). A dude that literally plays "Simon Says" from the internet, should be able to make great money.
As it relates to 'C', what exactly is "Duplication?"
Simple - "Duplication" (in Internet Network Marketing) is simply driving traffic to your website, and letting your "website" do the selling (i.e. video presentation, youtube presentation, etc.). The VIDEO and TOOLS will talk about your company, and SELL other people. In other words, the PERFECT presentation will be given 100% of the time. With traditional sales and MLM, can that actually happen? No!
What to look for in an Internet Network Marketing Company:
A) Great training program and great tools: A complete newbie with no previous skill should be able to 'tap in' to the resources and start making money.
B) History of successful management and successful leaders: The best way to be successful, is to copy those that have been successful before you. In great programs, there will always be a handful of people that have achieved tremendous success. Get mentorship from that.....and do what they say.
C) Look for programs that pay BIG $$$ up front. Don't join programs that pay wimpy commissions up front (i.e. $40 bucks a sale, $100 bucks a sale, etc.). Look for programs that pay ATLEAST $1,000 bucks a sale.
D) Information products: This ties in to 'C'. Programs that often pay the best commissions, are "info" products. This is because....i) No inventory costs....ii) info products can be priced at whatever.
So with ALLLLLLLL that in mind, I found that Internet Network Marketing is by FAR the best industry to be in for the 'little guy'.
The key to great wealth, is to have your own business (major tax advantages), and then to invest it in something tangible (i.e. real estate, franchises, etc.).
Anyway - that's my opinion.
Just be careful however - although there are a few dozen Internet Network Marketing companies that are excellent, there are far more companies out there that are bullshit.
Always be careful who you listen to.
For me personally, I was lucky enough to get advice from someone that I KNOW is making great money online. Both guys highly recommended the program that I'm in right now (and suffice to say, I am VERY happy that I chose this path).
For me personally - I thank god that this opportunity was introduced to me. I didn't think it was even possible for people to make money so quickly in a program like this: However - be forewarned:
1) NOTHING is a "get rich quick" scheme....no matter what anyone says. No matter what you do in life, there is some work required...
2) Although people can make money extremely fast (atleast in the program that I'm in personally), the first 2-3 months are the most difficult. The key is to stay positive, keep learning, and NEVER give up.
3) Always listen to people that are successful.....and that you want to be like. Disregard the naysayers....or people that haven't experienced the success in the industry that you want to be in.
If you feel that you meet the above criteria, then I strongly encourage the world of Internet Marketing........and more specifically, the Reverse Funnel System (www.kapildesai.com)
I wish you all the best of luck in whatever you decide!
p.s. ________www.kapildesai.com.