Showing posts with label profits. Show all posts
Showing posts with label profits. Show all posts

Friday, June 5, 2009

Why does public media mute part-time network marketing home business

It hurts too much to "larf" at these home business ideas. No wonder home business opportunity seekers are confused and real options so limited.

The big question is why does public media mute the network marketing home business for earning part-time income?

First, let’s look at what one TV broadcast had to say recently about how to earn some extra income.
Second, we’ll take a look at the network marketing industry to help polish this old institution and public image.
Some would say it’s tarnished and I would agree because of the high failure rate. But I also totally believe it can and must be fixed in order to return to its grassroots capitalism foundation and provide real income for real people.

So what does "larf" mean? You’re not sure whether to laugh or to cry or both...could be from frustration, desperation or just hard to grasp the improbability of it all.
I listen to CNN quite a bit…even as a Canadian. Two of my favorite TV hosts are Larry King and Anderson Cooper. Recently, working from home, eating my lunch, watching the latest news, one commentary caught my attention. The woman anchor was talking with an expert about work from home jobs as part-time side jobs people could do while under-employed or waiting for employment.
Now, I’m not using my imagination this time but there were some pretty creative ideas tossed out to comfort those looking for extra money from home. How about:
  • dog walking…rich people still spend money on pets..$17 an hour
  • neighborhood handy-man…can you replace some soles on shoes, straps on purses, a pressure ring on dishwasher, a plug on a car for a non-mechanic…I guess fees are variable here or maybe try bartering..although a fresh loaf of bread won’t pay a credit card company
  • teach a personal hobby to others…macrame / photo montage/ raw food cuisine, anyone
  • start a day care facility to look after young children…a host of guidelines in Canada
  • start a house cleaning or house-sitting service for busy, rich people again


So none of these caught my idea of acceptable return on time or investment or longevity so I checked the website recommended at CareerBuilding.com…just the first page was enough.


It made me stop and wonder about how many people actually look at these kinds of sites for job opportunities. Here’s a few things I read: 80% or more of work at home jobs were scams or rip-offs…need to check out thoroughly.

Some of the top 10 work at home jobs included:

  • internet programs for wealth creation
  • get paid surveys online from $40 to $250 an hour
  • make money selling adult toys
  • major dating company seeks online hosts fo $200 a week
  • get paid to assemble products and crafts
  • complete simple data entry and online forms


Now two things struck me:

All these “opportunities” were getting paid by the hour or by the number of forms or surveys completed. Work so much.. get paid so much. No work...no money. There were only wages...no profits and not residual cent anywhere.


Does anyone know or care about the difference between linear and residual income?


Most of these “opportunities” would also involve active marketing once products and services were ready to go, such as setting up a replicated website, posting sales copy, testing it, sending out press releases, attracting traffic and potential customers. Who will help you with this?


Then another ha-ha thought struck me!
A network marketing home business is actually very different from a work at home job.
In a real business you have to start at the beginning, invest a small amount of capital, and work for huge returns that come back into your pocket. Public media somehow bypasses the network marketing industry as a viable home business to make some serious money with an outlay of as small as $40 a month that qualify you for long-term profits.


There needs to be a serious counterbalance to public information here and I believe it needs to start within the industry itself.

  • Let’s first polish up our public persona, develop more highly successful people to ask as role models.
  • Let’s eliminate the complexity of getting involved.
  • Let’s standardize the training so everyone can do it at low-cost.
  • Let’s practice the basic key concepts of leverage and duplication with a simple process..I call it the straight-line home business.
  • Let’s return the people to the grassroots of an equal democratic opportunity.

Let’s not worry about walking dogs or cleaning washrooms.
Your questions, comments and opinions are always appreciated,
Annemarie
PS. How would you describe your ideal home business or work from home job.

Wednesday, December 17, 2008

I worked for wages this week but home business income is better...WHY?

I worked for wages this weekend but home business profits are better…why

This weekend I made a few dollars as a food demonstrator for a marketing company introducing new products to a supermarket. It was interesting to meet all kinds of new people and talk about sprouted grain bread versus milled bread. Do you know the difference…most did not.

The difference between sprouting versus milling (or grinding to make flour) processes are huge to the nutritional benefits of breads that result. In the milling process there is substantial amount of heat generated which has adverse effects on the wheat grain. Almost all milling oxidizes the kernel, losing vital vitamins, enzymes and minerals. As well, most of the bran and germ (endosperm) is removed and resold. By taking out these ingredients, it allows most flours, including whole wheat, to have a shelf life for several months on the store shelf without going rancid.

For handing out taste samples and coupons I got paid $14 an hour. In one day of work I made $98 minus taxes. I will never get another cent from this day’s work. I will have to work again tomorrow to get another one-time wage, sufficient as it seems at first.

So how do wages compare to home business profits? Let’s take a look at a small number potential using knowledge as leverage to go beyond one hour of work and earn multiple times.

Let’s say I was working comfortably from my home, setting my own hours by network marketing a high-demand nutritional product. I shared the information via website with ten people. Two people saw the value of the product for their health and ordered it and I received a commission. These two new customers then each shared the important information with ten other people for a total of 20 new contacts, 4 of which also became customers.

I get 4 more commissions. Now these 4 new customers each share the healthy benefits with 10 people each for a total of 40 new contacts and a possible 8 people buying and using the product. Now I am eligible for 8 commissions…bringing the total to 14 commissions based on two personal customers.

As I continue to share my home business, I will continue to grow my profits over and over again based on short-term initial work and long-term residual income. Many networkers reach a 5 or 6 digit monthly income with residual profits with this business model.

High quality nutritional products are a huge market trend as more people look for natural solutions to maintain their health proactively (before getting sick). However, as important as health products are to this networking business model; it is even more important to use a simple business plan to duplicate your profits over and over again, both direct referrals and indirect.

I’d like to invite you to check out our 6 month income-generating, debt-reduction plan to get a clearer picture how residual income works.

Thursday, November 13, 2008

Why Some Choose to Live BELOW their means even as home business owners

Hi,
Today I thought I'd share an interesting excerpt from Bob Bly, business guru, who is currently writing a book called Science of Successful Living. These words ring particularly true in our troubled economic times.

"A favorite ploy of some who sell "get rich quick" in Internet marketing
or Brand New Home Business Opportunities...

... is to boast about the luxury cars and other expensive toys
they have bought - presumably with the money they made from the
skill they are offering to teach you.

One, whom I am personally quite fond of and greatly admire,
brags about his new $350,000 Rolls Royce.Another sends us a photo of her
with her new Jaguar. A third describes the multi-million-dollar home
he is having built.

Now, there's nothing wrong with wanting or having these
possessions.

But if - like me - you don't care about the trappings of
wealth........ then not being extravagant in your spending can actually give
you an advantage as an entrepreneur or successful home business owner.

The best business advice I ever got was from Florida freelance
writer DK, who told me:

"Live below your means."

It is advice I have always followed ... and I am glad I have done
so. You see, I'm a tightwad by nature. Not with others. But with
myself. Given the choice between dinner at a 4-star restaurant and plain
old food ... I'll take Denny's any time.

This year, for instance, I needed a new car.Now, I can't afford a Rolls Royce.
But I can afford a Jag, a Lexus, a Benz, or most of the other
luxury cars - and keep in mind, I always buy my cars for cash.
I never lease or loan.

In fact, I live a lifestyle that allows me to have no consumer
debt of any kind -- except mortgages on investment properties.

So what car did I settle on? A new 2008 Toyota Prius Hybrid.
It cost me - including taxes - only $23,500.

I love driving it. Handles well. Looks great. Very sporty. Fits
in small parking spaces. Most important, it gets 45 miles per gallon.

Why do I advise that you live below your means - as DK and I do?
It's simple.

By living below your means, you remove unnecessary financial
pressure from your life.

That way, you can make business decisions ... e.g., what clients
or projects to take on ... based on what you want to do - and not
financial need.

When you live below your means, you can do what you want to do ...
when you want to do it ... which to me is a recipe for a happy and
rewarding life.

When you live way above your means, you become a slave to your
possessions - working to pay for the toys you have -- and buy
the next ones.

That may be a good way for some people to live.
But not for me.
And maybe not for you.
Of course, it's your call."


Certainly, my home business with the advantages of network marketing, fit this philosophy perfectly...start low-cost with high value products and enjoy the profits reasonably.
Your comments and opinions are always appreciated.

Sincerely,

AnneMarie
amarie10@gmail.com
N.E.A.T (No Excuses Allowed Team)l



Friday, October 17, 2008

A Profitable Home Business on a Table Napkin? Show Me How

A Profitable Home Business on a Table Napkin? Show me how.

I listened recently to a short video presentation about a young entrepreneur who has an absolutely unusual way of deciding which potential million dollar business to build based on a peculiar business model. Can his business plan be explained to future partners on a dinner napkin? And can his partners explain the same business plan on a dinner napkin to other prospects?

The key here is marketing with obvious simple duplication.

He continued to draw a regular sized napkin and divide it into quadrants. Each quarter represented a special function.
First, start with a capture email page with a low ticket offer.
Next, proceed to a small ticket upsell where as many as 30% of customers begin to feel comfortable with the buying process. Then, everyone is dropped into an email follow-up system called a Continuity Program. Finally, the big ticket item is produced and supported with call centers, webinars, and email contacts and updates. At any time, potential customers can remove themselves from the marketing funnel.

This program started a personal evaluation. Can my small home business be explained on a single dinner napkin? I believe so, but even in a more simplified way.

First: Invite potential prospects to listen to an overview call about the home business opportunity.
Second: If interested in more information, follow-up with the company’s website and a one page Getting Started Right Business Plan
Third: Help with questions. Continue the education with a generic overview of the business model with a slideshow and e-book…an invaluable information tool that does the work for you called the Mini-Program for Maxi-Profits.
Fourth: Read and share the 1- 2 – 3 Step Marketing Plan that covers all the main facts,neutralizes common excuses, and brings in a new business partner.

Simple is a beautiful thing. A simple dinner napkin “business” can be duplicated. In our industry duplication of a simple marketing plan can lead to fortunes.

Thursday, October 9, 2008

How Not to Let my Home Business Beat Me Up

Blog: How Not to Let my Home Business Beat Me Up?

Yesterday I spent two hours on two different calls listening to expert marketing advice from top marketers.
There is always hope that something might rub off…better sales copy, better target marketing…join a program.
So what did I learn? No business can survive without an active marketing plan to draw in customers. But marketing is a multi-layered, complex business that even the gurus have spent years in mastering.

I have a network marketing home business with the advantage of having an inbuilt marketing plan and team support. But am I able to execute the recommended plan at the same level as these experts?
I listened to this one Lead System marketing company for networkers explain its enrollment process…TEN steps with attending videos to explain each step to open up and track multiple streams of income. So let’s say you manage to struggle through this one-time process, get your domain name and set up your marketing site(s). That’s actually the easy part…Now comes the real marketing efforts which are to advertise your advertising website! How long would it take you to learn how to do these tasks: Set up a MySpace account with categories (plus other social sites web 2 marketing), build a list, create ezine solo-ads, learn Forum Marketing, write content for article and blog marketing, and learn pay per click plus several more. Each one is an extensive learning curve to do properly and requires perpetual updates to keep relevant. This is the basic principle of attraction marketing where people will find you impressive enough to want an affiliation with.
Give me a break! This system will work for a small handful of entrepreneurs. I wonder how many of those ladies with beginning questions will actually succeed in meeting these professional standards.
I’m a networker and my marketing plan must duplicate through multiple levels of average home business entrepreneurs. You can’t all be expected to be “attractively magnetizing experts.” But you can be expected to handle 3 main components time-effectively: First, pass on an educational ABC primer to explain the business model, generic, hype free, with professional slides to explain the basic concepts. Those who raise their hand for more information will receive the second step …a phone number and a simple Getting Start Right Action Plan with necessary links. Third, everyone can read-and-share a marketing overview with steps to action.

The next time I think about taking 2 hours listening to marketing gurus, I’d rather share a simple marketing plan with people looking for a real non-magnetic home business.

Thursday, October 2, 2008

The Many Hats of a Small Home Business Owner

Note: this is another refocused "insight" from the book E-Myths..

Every small home business owner wears several hats: you wear the hats of Entrepreneur, Manager and Technician.

At the beginning, the need to wear at least 3 hats becomes very apparent. Of course, I wanted to be the Entrepreneur, the visionary, working with a strong team to bring health and prosperity to the average family. I needed to be the Technician, the technical expert, who organized the correct emails, mailings, webinars, conference calls, company updates, training sessions, and so on. Then, of course, I was also the Manager who wore the pragmatic hat in terms of talking with people, prospects, new customers, sales and marketing questions, goal setting, solving problems and so forth. In order for any company to be successful, you’ll need to develop these 3 skills or hire somebody to play each of these roles.

However, as time and experience evolved, and the Information Economy and technology continued to expand, then more questions had to be addressed in long term management systems. I’m happy to note these questions have now been answered with the help of information tools and a simple 1- 2 - 3 step marketing system.

• How can I get my business to work, but without me?
• What’s the best way to delegate my responsibilities?
• What procedures should I implement to make the business run and grow itself?
• How can I spend my time doing the work I love to do rather than the work I have to do?

My advice for any person looking for a home business is to start with the basics: Become a student first. Learn the basic facts about the industry you’re interested in. Now you can set some entrepreneurial goals and long term vision. Plug into Information Technology to help with the technical details. For management goals, let information tools by top experts tell the story for you.
So what else is there for you to do?
How about answering the last question; mainly, spend more time doing the work you love.

Of course, we also wear a multitude of other "hats" as mothers, fathers, husbands, wives, sisters, brothers, relatives, neighbours, co-workers,employees, sports fans, hobbyists and so many more...all the more reason to use professional information tools.

Standing by to help with questions or comments,

AnneMarie

PS. Share some stories about the "hats" you wear.








Saturday, September 27, 2008

PART B

Current economic times are turbulent, home businesses are booming, information is overwhelming..where do you begin to make an intelligent, comprehensive search?

In all sincerity, let's say you decide to look at one of the fastest growing trends; namely, a network marketing home business. You’re bright eyed and freshfaced and have a strong desire to do well. You want catch this train to a five or six digit income and not be left standing on the sidelines.
But how many times have I seen this happen with new people?
All of a sudden you are flooded with information overload…company, product, sales training, marketing strategies, motivation, self-development!
Plus…as a newbie you need to share this full load with others and get them motivated and excited! Yikes…stop the train! I’m just at the primary level at this time and how can I be expected to perform like a networking graduate? In time, with practice, I will master the important fundamentals. But don’t swamp me with high expectations when I’m just learning my first steps.
Don't expect me to win the marathon without practice. Just give me the basic 1- 2- 3 steps that I can do and others can do as well.

Here’s an example. Every business needs a KEY MARKETING PLAN. Don’t even contemplate starting any home business until you have examined closely the features of how you will market the product(s)

Here's your choice. What kind of marketing plan would you like to plug into?
ONE...a 10 page outline with steps to follow for the next ten days. As a follow-up, your new customer will also have to follow this plan…I've been there…done that..and it doesn't work for many reasons…No wonder this industry based on duplication has so much attrition and low rates of success…
TIME TO CHANGE!
TWO...OR would you like to get a 1- 2- 3 steps 30- minute plan to read and share…
Everybody can read and share the critical points of information: the need to changes, smart choices and steps to action.
Learn the basics…3 steps...30 minutes.

Pass it on to others.
Continue to repeat 3 steps... 30 minutes
Simple to do... simple to duplicate.

The KEY that opens up network marketing fortunes is in the duplication of simple basic business (marketing) systems
Your choice: a 10 day business follow up or a 1-2-3 step 30-minute plan
What duplicates: a 10 day business plan or a 1-2-3 step 30- minute read and share

More marketing tips next.

Your comments and questions are always appreciated.

AnneMarie