In my previous article, I covered the circumstances that lead to my putting together a full fledge business on the internet to complement my pension revenues and therefore allow me to maintain my lifestyle. My problem was simple, my pension revenues amount to about 38% of my previous revenues as a full time professional. The situation had to be corrected.
Remember the book... "Rich Dad, Poor Dad" by Robert Kiyosaki? How about "Multiple Streams of Income" by Robert Allen? Did you know that they both recommend Network Marketing as a great way to make a "passive income"? These inspired me to take action and I found that the Internet was the ideal vehicle for my undertaking.
This article is the first of a short series in which I will describe the programs that I joined, the strategy that I am following and how I structured the programs them in my operation.
To start with, I made a short and simple list of selection criteria’s to guide me in the process of assembling the required Products and Services into what would become my home based business.
These criteria’s are:
1. Nil inventory of any products to be acquired and kept at my residence;
2. Nil periodic quotas to be met in order to receive my earned income;
3. A simple and realistic qualification process, if any;
4. Monthly or more frequent payments of commission and other revenues;
5. Training and coaching program for the primary programs.
6. Advantage to be given to support services with an affiliate program for more revenues.
I organized my products and services in the following manner:
Primary Products and Services:
The EasyDailyCash program comprised of the following:
EDC Gold http://crbmktg.edcgold.com/cp;
Easy Daily Cash http://crbmktg.easydailycash.com/cp;
Your New Fortune http://crbmktg.yournewfortune.com/cp;
PromoBlackBox http://crbmktg.promoblackbox.com.
Secondary - Products & Services with Affiliate position (from which some revenue is expected):
Google - Adword, Adsense, Groups and other services;
Click Bank - Affiliates program - Digital Info products;
Digital River - Affiliate program - digital software products representing many companies;
ACN - MLM -Telecommunication, telephone and Internet services;
InTouchMediaGroup - Affiliate Program - PromoBlackBox partner, BlogToCash, SEO consulting,
Support products and services;
Aweber - affiliate program - autoresponder.
Support Products and services
These are required to support marketing services, public relations, Internet Service Provider and hosting and “banking” services.
Social sites - MySpace, Direct Matches, Hi5, Apsense, Facebook etc…
YouTube
Advertising - Craig’s List;
BackPage;
Adland.
Banking and Payment services
Paypal;
Safepay;
Alertpay;
Merchant account for credit card processing.
ISP and Domain names
3ix;
GoDaddy.
The list may appear long but if you are seriously considering marketing on the Internet, this is somewhat of a minimum. The business you are setting up may be a home based business, it may be an internet marketing business, it may cost peanuts compared to the brick and mortar business down the street, it may involve mostly digital products but it is a business, it may well generate revenues well above $10,000/month. You need tools, services and these must be organized properly otherwise it will be chaos. Take it seriously, do not take it as a hobby and it will really impact your life in a big way.
In all cases where possible, I signed up as an affiliate in order to:
1. Keep my operation cost down to the minimum for the level of services required;
2. Generate the highest net revenues I can from my operation.
I have recently established a business-oriented blog to track and comment on new Internet developments and how to take advantage of them. Put www.cashsuccessnews.com in your favorites section in your browser. I’ll attempt to always keep you informed as to the latest and greatest breakthroughs concerning Retirement, lifestyle, Multiple Sources of Revenues and Internet marketing
