Multiple Streams of Online Income!

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Multiple Streams
of Online Income
Imagine/ *ou6'e spen% 2 yea$s building up you$ online ma$ke%ing income in a
company you researched heavily and feel very strongly about. You now make six-figures a
year, working for yourself, and youre seen by your friends and family as a successful
online marketer. You have a nice home, luxury car, take long vacations, and basically have
the life you always dreamed of.
hen, one day, you get the following from the executives in your online marketing
company!
"hile giving the onlineing model every possible chance to survive and
thrive, it simply is not working as a value either for customers or for
marketers. he #oard of $irectors has determined that the best way for the
corporation to achieve its goals of delivering (product withheld) to the world
is to move to a more traditional retail and corporate sales model.
%er the &arketer agreement terms and conditions section five '() and %olicy
and %rocedures section **.+, we are providing a ,--day notification of the
termination of the online marketing model.
7i$%ually o'e$nigh%, you$ business""" and you$ income""" is gone" he business you grew
from scratch, spent countless hours building, is gone .ust like that.
8ow you migh% imagine %ha% %his could ne'e$ happen! 5 bu% I assu$e you i% can" /n
fact, the previous paragraph was taken from a longer statement sent to distributors of a
ma.or online marketing company that decided to change its business model.
his company left its distributors high-and-dry, including some heavy hitters who pleaded
with the company not to desert their online marketing business model. 0ong story short,
their concerns were ignored - and the company is no longer a online marketing company.
This migh% seem e9%$eme, bu% i% does happen" 1ompanies change business models,
rewire their compensation plans, and sometimes even go under completely - either due to
finances or legal issues.
/f your entire income 'or even a ma.ority of your income) is derived from a single online
marketing company, youre constantly at risk of losing your income. /ts basically like
getting fired from a .ob.
/
:owe'e$, unlike a job, i%6s o&%en impossible %o $eplace %he high income you c$ea%ed
o'e$ yea$s, jus% by mo'ing %o a new oppo$%uni%y" You may be able to shortcut the
process a little, by working diligently to move your downline to your next company. #ut
many of these people wont migrate to the new company, meaning youll have to replace
them with new distributors. his can take more time and more money.
The Solution is Multiple Streams of Income
The #olu%ion/ You must diversify your income as soon as you start to rely on the income
from your opportunity as you$ p$ima$y income. /nstead of relying on one income stream,
you need to create multiple income streams.
Mul%iple Income #%$eams ; +inancial #%abili%y
The easies% way %o e9plain %his is %h$ough %he concep% o& a %able" 2 table with one leg is
unstable. /t can tip over at any moment. 2dd , legs to this one-legged table - and now the
table is very stable. /ts a stable table3 2nd, if you keep adding more legs, youll find that the
table is solid and can hold more weight than even a normal + or 4-legged table.
I%6s %he same wi%h you$ income" he more income streams you have, the more stable your
income. 5ven if you lose one income stream, you can replace it without much financial
stress. 2 table with 6- legs will still remain stable if one leg breaks.
7o how do you create additional income streams in your online marketing business8
2ctually, theres a natural progression that can get you started fast - and help you diversify
your income over time.
Marketing Tools & Services
he most natural way to create multiple streams of income is to become an affiliate for
marketing tools and services that your distributors will need to build their businesses.
+o$ e9ample, all dis%$ibu%o$s need an au%o$esponde$" You can create an extra income
stream by becoming an affiliate for an autoresponder - and recommending that your
distributors sign up for it through your affiliate link.
I& you6$e no% al$eady awa$e, an a&&ilia%e p$og$am! is simila$ %o a online ma$ke%ing
oppo$%uni%y" You get paid a commission when you refer others to a product or service.
9owever, unlike a online marketing opportunity, youre rarely paid down multiple levels.
"hile some affiliate programs will pay commissions on two levels 'known as a 6-ier
2ffiliate %rogram), most affiliate programs only pay you on your own referrals.
0
)s you p$omo%e o%he$ ma$ke%ing %ools and se$'ices""" autoresponders, teleconferencing
systems, online marketing systems, advertising onlines, blogging themes, banner design
services, hosting, and more... you can gene$a%e addi%ional income"
7imply look for tools and services that offer an affiliate program. 7ign-up for these
programs are usually free - and you can have your own affiliate referral link in seconds.
hen simply promote this to your distributors - and youll soon be generating additional
income.
*ou can loca%e companies %ha% p$o'ide ma$ke%ing %ools and se$'ices 5 and see
whe%he$ o$ no% %hey o&&e$ an a&&ilia%e p$og$am" :r you can search any ma.or search
engine for the keyword phrase affiliate directory to find directories of companies that
offer affiliate programs. &any of these are categori;ed to help you find the right affiliate
offer.
You may also want to check out affiliate onlines like 1ommission <unction 'www"cj"com)
and 1lick#ank 'www"Clickbank"com). hese onlines run the affiliate programs for
thousands of merchants. #y .oining once 'at no charge) you get instant access to thousands
of products you can promote and profit from.
Advanced Coaching
)s a sponso$, you ha'e a $esponsibili%y %o help you$ dis%$ibu%o$s succeed" 2fter all, the
more money your distributors make, the more money you ultimately make. 7o theres a
direct benefit to helping your distributors make the maximum amount of money possible.
9owever, that doesnt mean you have to give away the farm.
)no%he$ income s%$eam you can c$ea%e is ad'anced coaching!" "hen a new
distributor .oins your downline, you may offer them training or guidance in the form of a
special report, audio program, or even video training. 9owever, if they want additional
advanced coaching, you can charge a fee for this.
=or example, you may offer group coaching for members of your downline who wish to
become top earners and leaders. 'Youd assume this would be everyone, but youll find
that some in your downline mentally check out before even giving themselves a real
chance to succeed.)
*ou can sell %his g$oup coaching &o$ <4= %o <09= a mon%h >o$ mo$e?, depending on
wha% %ype o& coaching you o&&e$ %o you$ downline" =or example, if you do one ,--minute
call per month, you might charge >+? a month. /f you do 6 to + calls per month, for 4-
minutes each, you might charge >@? to >*@? per month. /f you offer + calls per month -
%0A7 a *(-minute *-on-* call directly with you - you could even charge as much as >6+? to
>6@?.
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@i%h g$oup coaching, you can make a lo% o& money wi%hou% a lo% o& hea'y li&%ing!" =or
example, lets say that you create a group coaching program - and you sell it for >@? per
month. You do 6 one-hour calls per month. he first ,- minutes is training - and the last ,-
minutes is an open-line Buestion and 2nswer session.
2 simple teleconference service can give you 6(- lines for as little as >4? a month. 2nd you
can hold as many conference calls as you wish.
"ith 6- people paying >@? a month for your group coaching, youd make >*,@+- a
month - or <23,2A0 a yea$ in extra income.
(- people paying >@? a month would make you >+,C(- a month - or <BA,200 a yea$.
*-- people paying >@? a month would make you >@,?-- a month - or <00C,400 a
yea$"
2nd if you filled all 6(- lines at >@? a month, youd make >6+,6(- a month - or
<290,000 a yea$.
)nd %ha%6s wi%h a %elecon&e$encing se$'ice %ha% cha$ges you only <C= a mon%h"
Your only investment is >4? bucks and about 6 hours of your time each month. 2nd you can
create an extra income stream that rivals the full-time incomes of people working +- hours
per week.
You can also create a high-end &aster&ind program, where you charge your leaders
>6,(-- to >*-,--- to meet with you, + times a year, to share business building strategies. /n
the past, / was a member of a small *6-person mastermind that met + times a year, in
%hoenix, 2ri;ona, where the host of the group resided.
I paid <=,A00 %o be a membe$ o& %his g$oup 5 no% including ai$&a$e, ho%el, and &ood
cos%s" "hy8 o learn and share information with other entrepreneurs who were looking to
take their business to the next level. 2nd the direct value / received was easily in the seven
figures.
)s you lea$n mo$e abou% online ma$ke%ing""" and as you$ business g$ows""" you can do
%he same %hing" You might start out with a phone-only mastermind, with you and your
team getting together on a weekly call. 0ater, you might graduate to a live event, where you
rent a small hotel meeting room to meet in. You might even choose to have these in resort
locations '0as Degas, 9awaii, etc.) to make these business trips more like tax-deductible
vacations.
)no%he$ op%ion is %o sell you$ one5on5one consul%a%ion se$'ices, ei%he$ by phone o$ in
pe$son" 2s your expertise in the online marketing industry grows, youll find that people
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who want to achieve what youve achieved will be willing to pay you a lot of money to pick
your brain.
7ome consultants charge thousands of dollars for a *-hour phone consultation. :thers
charge >(,--- to >*-,--- or more to visit them in their office or home for personal advice
and consultation. he more you learn, the more youll be able to charge people who want to
know what you know.
*ou$ %ime and knowledge is 'aluable" $ont give it away. 7ell it. /tll become a valuable
income stream in your online marketing business.
Your Own Products & vents
.l%ima%ely, you can package up you$ e9pe$%ise in%o p$oduc%s >digi%al, physical, audio,
'ideo, e%c"? %ha% you can $esell &o$ a nice p$o&i%" You can also sell tickets to live training
events that you hold for your distributors - and maybe even distributors in other
companies.
2bout 6-E years ago, creating my own product seemed daunting, so / found products that
/ could buy the license rights to - and simply resold them under my own name. 9owever, /
soon discovered that creating your own product doesnt need to take that much time and
effort. 7oon / was creating a wide variety of courses and training programs.
I%6s %he same wi%h li'e e'en%s" /nitially / was overwhelmed with the idea of setting up and
running my own live event. 2t that time, /d spoken at Fuite a few events - but the thought
of holding my own seemed like a massive undertaking. =inally / bit the bullet - and decided
to figure it out. / created a ,-day live event in $allas, exas... and priced it at a whopping
>(,@@( per ticket.
Con&iden%D Got really. 2ctually, / wasnt convinced anyone would show up. 2nd since
paying for the hotel was so expensive, / assumed /d need to charge Fuite a bit per seat to at
least break even. :f course, the material / was teaching was also worth many times the
ticket price - as / was revealing the same step-by-step business model that made me
millions in sales over the previous years.
+o$%una%ely, i% %u$ned ou% be%%e$ %han I had e9pec%ed" / had +- people attend my event,
traveling from as far away as 2ustralia. /t was a very profitable 'and completely
exhausting) event. #ut / had a blast, delivered lots of good content, onlineed with some
high-Fuality leaders, and made a chunk of money at the same time.
#est of all, / had a video crew record the entire event - and / turned the $D$s of my
seminar into a stand-alone product that / sold about 4 months later for another big payday.
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@hile you migh% wan% %o s%a$% ou% by licensing and selling o%he$ people6s p$oduc%s,
you6ll soon wan% %o c$ea%e you$ own" "ith your own products, you have more control -
and keep more of the profits. #est of all, as you create more products, youll soon have an
entire catalog of items making you more and more money. his is a great way to create an
unstoppable income - outside of your main online marketing income.
The !Multiple Streams" Mindset
The key he$e is %o c$ea%e a Mul%iple #%$eams o& Income! mindse%" Heep your eyes open
for ways to profit from recommendations and referrals. 2sk yourself, "hat else do my
distributors need8 and find a way to profit by delivering it to them. 7urvey your list, find
out what they want to know more about, and sell them that information.
@hen you6$e jus% s%a$%ing ou%, you can &ocus mos% o& you$ a%%en%ion on you$ main
oppo$%uni%y" #ut as that income grows... and you invest more time in the company... youll
want to make sure to create more income streams. Gothing may happen to your online
marketing company. #ut, if it does, you want your income to be protected.
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@ho @an%s %o Elay %he 90
Day Money GameD
/ve personally reviewed a lot of wealth-building opportunities and /ve finally uncovered a
truly uniFue opportunity that /m investing significant time and money into.
8ow, I6m looking &o$ mo%i'a%ed indi'iduals who a$e willing %o join me in %his
oppo$%uni%y in o$de$ %o build long5%e$m &inancial &$eedom"
:e$e is @ho I6m Fooking +o$/
7omeone who is passiona%e about working for themselves and
building a p$o&i%5p$oducing business from home.
7omeone who is willing to take instruction and is an ac%ion %ake$.
7omeone who is commi%%ed to their success. 7uccess happens when
youre unwilling to give up. /m looking for individuals who accept
challenges and solve problems.
7omeone who is a Team Elaye$. Youll be working with myself and
others who will spend valuable time helping you build your business.
I% doesn6% ma%%e$ i& you6$e a million dolla$ p$oduce$ wi%h yea$s o& e9pe$ience o$ a
$ela%i'e newbie! who is jus% sick and %i$ed o& wo$king &o$ someone else" / believe the
opportunity /ve selected has the power to help you achieve the financial and lifestyle goals
youve set out for yourself.
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hank you for reading this report.
/ look forward to working with you in the near future.
Heres to your success
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