17. February 2008 by Corey Christopher.

This is a huge topic and is one that you must completely understand. Otherwise, you will get ripped off and lose a lot of money. Let me explain what multiple streams of income are and what they are not. Multiple streams of Income are a concept that many millionaires use to have many revenue avenues. Michael Corcoran, who was the founder of the first multiple income stream marketing system on the internet in 2001, would agree with this concept.

When Mike Corcoran created the first Multiple income stream marketing system, he never imagined how so many people would take advantage of this concept and use it against you to rip you off. Before I get into detail about the ways that these so called “internet Guru’s” are taking advantage of you, I’ll get into the way it was intended to be used.

Multiple income streams was intended for a person to start a business with one company, affiliate program, MLM or direct sales company. It was intended for a person to master one program, have success with it for a minimum of one to two years and then add another business to the portfolio when, and only when, the first business was running on autopilot. While still running the first business, putting little time into it because it was running so well, focus a little more time and money into the second business to get that one up to speed where it was duplicating the results of the first business. This is how you can double your results. Like, I said, it usually would take a year or two to get a business and multiple incomes up to the level where they were running on autopilot.

If you have spent many years developing the above strategy, it is alright to add a third or a fourth business to the portfolio as long as you maintained the original businesses. Adding more than one business to your portfolio in less than a year just proves that person is not focused and says a lot about their character. Having a total of more than 3-4 businesses in a portfolio just means that a person is simply a program jumper and is out to take your money.

Program jumping is becoming more and more popular these days from these so called “internet guru’s”. This is a typical case in which someone is a program jumper. Watch out for these people. If someone has joined three programs in 6 months time, they are a program jumper. Program jumping makes sense for the leader of jump. They usually say things like “Bran New” or “Get in Early” or “This one is so much better”. The truth is, they take all the followers from program to program to program. They make excuses of why they left to old program to find another one. The truth is, they have suckered all the people they can sucker into the first program and their income is suffering, so they say they’ve found a better mouse trap over here, so come and join me over here and you’ll make a ton of money with me over here….I know people who have joined 5 programs in 7 months. Anytime a new program came on the market, they were in it, suckered all the people they could into it until the next new program came about.

I know several people, who on the outside look great, but jump ship every two months. They put together training packages, marketing tools such as capture pages and auto responders, professionally written letters, etc. They look like a leader until you pay them $1000 for program A, then another $1000 for program B, the $1500 for program C and so on. Pretty soon, they are rich, you broke and left to fend for yourself.

Use your common sense out there. Do your homework before you join anything with anybody. The first question should be, What else do you promote? What have you tried. How many have you tried this year? Last year? If they do NOT have a stable track record, run for the hills. Think about it. If you were an employer and wanted to hire an employee and you get an applicant that has had four jobs this year alone, would you hire them? NO Way! You know that by the time you trained them, they would leave looking for more money! Isn’t that right?

My suggestion, use your common sense and beware of the so called “Internet Guru”. They disguise themselves as an expert, but they are really just program jumpers.

Till we meet again Corey Christopher,

http://benefitsofhaving.extraezcash.com

……………………………….steady mentoring with “RESULTS”

Posted in Multilevel Marketing | Print | 1 Comment »

14. February 2008 by Corey Christopher.

For some Marketers, this is the way to go. I have met a few people over the years that swear by it. I know a few people who make over $100k a year working their multi level marketing program. The unfortunate part about it is that they were the only one making money. No one on their team was duplicating the efforts they were doing. Weather they were selling vitamins, travel, a gas saver product, lotions, potions, pills, candles or juice beverage products, I have tried it all and it was a difficult task for me. Once I ran out of my friends and family to bug about my new business, once I had two or three home parties, I ran out of leads, so I started buying leads in hopes to try to convert some people into my business. That is so much harder than it sounds. Sure I made sales, but by the time I was getting to the next profit level, the people who I brought in 2-3 months ago were dropping like flies. This is why I could never make it to the next big payout level of the commission plan. For some reason, I would always fall short of the next bonus payout or car bonus. Usually, I would fall short of personal volume or group volume or I would have enough on my left side, but not enough on my right side, so I would miss out on the big payouts, month after month.

This got to be the same old stuff you hear about why MLM doesn’t work for most people and the only people making money were the people at the top of the pyramid. People with huge dowlines and people that have been in the business a long time and lists of hundreds of thousands of people to market to. For any newbie joining, good luck. I once watched a stay at home mom put $13,000 into a business to quit within a year. Most of us are smarter than that and would have quit after a few months and maybe only lost $1000 down the drain, but this person was persistent and did not want to fail. So she kept plugging away until they had no money left and when gas prices went to $3.50, the father of the family couldn’t afford to put gas in the car. So much for helping out.

The only thing we have found on the internet to work for most people is a direct sales company that pays you 100% of the sale. Companies that have a price point of less than $1000 to start. This is the only way you have a chance to succeed. Beware of the $4000 to $5000 programs without the training and support to back it up. The truth about most start ups is that they have no track record. You have no idea if they will be in business two years later. Watch out for people who jump ship every time a new program comes out on the internet. Most importantly, be careful of the programs that lack the ability for long-term growth and development. These programs are hard to sell, no matter how good they sound.

I hope this helps your research in determining a company that you can be proud to represent.

Happy Marketing till we meet again,

…..Corey Christopher

http://trainwith.premierentrepreneurs.com

Posted in Mlm? Does it work? | Print | 1 Comment »

11. February 2008 by Corey Christopher.

What is a scam artist? I thought long and hard before writing this article as not to offend anyone.  Nobody would ever be complimented by being called a scam artist. A scam artist is one who takes your money for product or service and never delivers anything to you. They run off with your money to never be heard of or found again. I have found very few people in the world who are scam artists like that.  It has been my experience that there are similar traits in a lot people on the internet and I’ll let you be the judge weather or not you call these people scam artists.  One of the first signs of a scam is failure to locate their contact info.  This shows that the owner responsible is trying to hide.  I wonder why? Another technique is to google the reviews on the name of the company and or individual.  The internet is a big informative place.  If they are using the net to do their dirt the net has ways to tell (on even the best).  The web talks…. Believe me. here’s a few more examples.  I’m sure you’ve heard many Loud Marketers promise that:

“You don’t need to know one thing about the Internet or computers.”

“You don’t need to use the Internet to get paid on it.”

“You don’t even need to use a computer “except for two hours!”

“Just put a Web page online, do nothing, and cha–ching–No work required!” Yea
Right.

I’m sure you know how false these statements are.  In fact, these promises violate one the most important rules of Internet marketing:  to understand Internet culture.  If you’ve never used the net–how do you learn about the net?  –How can you be successful promoting your products or services on the web?  The truth is if you approach Internet marketing from this perspective you will learn more in a shorter amount of time.  I won’t even mention the money you will save!  Also remember just because you pay for something it does not mean it is a scam.  Paying for something on the net can be a turbo charged learning experience in either direction.  Be sure to avoid being lazy.  Also stay realistic.  How you exploit the Free resources under your fingertips will ultimately decide your fate.  I would love to warn you about these people by name, but I would never do that.  However, pay attention to this article.  You will be surprised who you will avoid?

Corey Christopher

“mentoring with a vengeance.”

http://FreeSoftware.premierentrepreneurs.com

Posted in Things to Look out for.. | Print | 1 Comment »