Watch this videos on why Cold Calling is dead, and is no longer needed, by Frank Rumbauskas:
I HIGHLY recommend the material by Frank Rumbauskas. To learn more go here: http://NeverColdCall.BLTeks.com/
If you are interested in learning why Frank knows his stuff, check this video out:
Thursday, May 31, 2007
Can I borrow $50,000?
I am on Myspace and I get this message with someone asking me, who isn't even on my friend list, asking if they could borrow $50,000.
Ok, I will give you one guess what the answer is. I will also leave it to figure out why I posted this, and figure out what it has to do with cold calling and prospecting people you don't know anything about you or your business before you contact them.
Ok, I will give you one guess what the answer is. I will also leave it to figure out why I posted this, and figure out what it has to do with cold calling and prospecting people you don't know anything about you or your business before you contact them.
Wednesday, May 30, 2007
Is The Rich Jerk filing bankruptcy?
The blog world is one where word spreads fast, and people will report just about anything (you can Google the words Rich Jerk Bankruptcy to see what I mean). Well, here is an interesting story. You have one blogger report that a "close business associate" of his, in the know, says The Rich Jerk is reporting that he is selling his business to avoid bankruptcy, and the blog world jumps all over it. Well, apparently the Rich Jerk wrote him back, said it false and threatened to sue him. The blogger listed proof of the sale, which since has been pulled. You can go here to learn more on this:
http://www.shoemoney.com/2007/05/22/rich-jerk-kelly-felix-selling-the-empire-to-avoid-bankruptcy/
What is the story here? It is entirely possible The Rich Jerk is looking to sell his business and move on. But, you have the news in the hands of a competitor and it is spun all sorts of ways. Or maybe The Rich Jerk is trying to avoid debt. Well, you had some other forums label RJ's stuff as an MLM (oh yes, file it with all the other MLMs, because they are all scams, right?). And you have this blogger I describe do a tear down, and have himself showing his great six figure income google check.
Don't believe a word of it or the hype. What matters is you, and your success, not this Internet blogging rumors and teardowns. Shoot, don't even believe what I have to tell you, and take it at face value. I am just one person who has made some money on the Internet, and been through the paces. I had a business associate once tell me that discussion forums are filled with people with their own agendas who look to tear down others to promote themselves. I would personally not be surprised that the Rich Jerk is facing the same now. RJ has run one of the most successful affliate marketing programs ever, and I am sure others are jealous of him.
http://www.shoemoney.com/2007/05/22/rich-jerk-kelly-felix-selling-the-empire-to-avoid-bankruptcy/
What is the story here? It is entirely possible The Rich Jerk is looking to sell his business and move on. But, you have the news in the hands of a competitor and it is spun all sorts of ways. Or maybe The Rich Jerk is trying to avoid debt. Well, you had some other forums label RJ's stuff as an MLM (oh yes, file it with all the other MLMs, because they are all scams, right?). And you have this blogger I describe do a tear down, and have himself showing his great six figure income google check.
Don't believe a word of it or the hype. What matters is you, and your success, not this Internet blogging rumors and teardowns. Shoot, don't even believe what I have to tell you, and take it at face value. I am just one person who has made some money on the Internet, and been through the paces. I had a business associate once tell me that discussion forums are filled with people with their own agendas who look to tear down others to promote themselves. I would personally not be surprised that the Rich Jerk is facing the same now. RJ has run one of the most successful affliate marketing programs ever, and I am sure others are jealous of him.
Tuesday, May 29, 2007
My thoughts on The Secret and The Law of Attraction.
I have had given some thought to the whole Secret and Law of Attraction craze. My take is that it is generally valid, but isn't the whole truth. What one DOES in life also has a big role in what one gets out of life, and not just what one thinks. The Law of Attraction is mapped to how the human mind works and thoughts and emotional states. I also believe The Law of Attraction is VERY valid in human relationships, and people bring with them causalities that can impact you as you draw them. I believe The Law of Attraction makes one more in tune with things that cause things to happen, rather than is a cause of things to happen. Also, it isn't the complete truth. There are other truths and laws, and it isn't the complete truth. There is sowing and reaping, and having wisdom and right understanding. Also, having SKILLS people have are very important.
Also, I want to add, as a Christian, I feel the Law of Attraction can be made out to be more than it is. When left alone and ignorant of the other laws at work in the universe, the law of attraction can be seen as "The Law of Presumption" or (The Law of Assumption), where you operate under presumptions that are false. There is things to be said about accurately speaking the turth. There are times that things can be bigger than you, and your thoughts aren't going to change it.
On that note, I mention my Success Principles eBook again. It goes into other principles, outside the Law of Attraction, that are key to success. You can get ahold of the eBook, by signing up for it here: http://RevTEAPage.BLTeks.com.
Also, I want to add, as a Christian, I feel the Law of Attraction can be made out to be more than it is. When left alone and ignorant of the other laws at work in the universe, the law of attraction can be seen as "The Law of Presumption" or (The Law of Assumption), where you operate under presumptions that are false. There is things to be said about accurately speaking the turth. There are times that things can be bigger than you, and your thoughts aren't going to change it.
On that note, I mention my Success Principles eBook again. It goes into other principles, outside the Law of Attraction, that are key to success. You can get ahold of the eBook, by signing up for it here: http://RevTEAPage.BLTeks.com.
Monday, May 28, 2007
How to survive a distributor recruiting war.
Let's say you are in a program where multiple distributors are recruiting the same people, or recruiting into different competing programs. You are in the middle of this. What do you do so that you don't cheapen the program, cut a deal, overpromise, and still get the sale? Well, first, you need to be selling people on they money making potential. When talking about the business side, and making money, you need to show them that you are the best fit for them, and can help them make the most money. Second, you need to avoid going negative on ANYTHING, the other distributors or other programs. You can point out some weaker points, and the facts, but avoid being nasty if you can. Third, if they decide not to go with you, then you need to wish them luck and be on good terms with them. Fourth, keep on becoming the best person you can be, so you can help your downlines succeed, and show people you can. On this last point, if you have a good upline (You should always get one when you sign up. Not a robomarketer, but someone who can coach and help you succeed), that is another thing you can use to recruit people. People want to feel secure you can help them succeed.
Do all of the above and you will recruit better, and avoid having to cut deals with people to win the recruiting war.
Do all of the above and you will recruit better, and avoid having to cut deals with people to win the recruiting war.
Robert Kiyosaki on how to build wealth.
Robert Kiyosaki speaks on the the ways to gain financial freedom.
Friday, May 25, 2007
About Get Rich Quick Promoters
I write today on those apparently hugely successful individuals who make a lot of money in "sure" things that pay abnormally high rates of return, and you would swear they have a lock. You may of seen these types (hint: they usually hang out in HYIP forums and running their schemes on the bottom as signatures). They pitch their money making opportunities, and show how much you they make. Charles Ponzi was a prime example of that type of person. I am not going to speak on their opportunities, per se, but how they operate.
Want to know how these individuals get a lot of money? They know how to sell and market. They build huge lists, and collect referal commissions off people who sign up. Often times they will take all or some of the money out of their opportunities, and walk off with a HUGE profit in the process. In their case, unlike the other people, it doesn't matter if the opportunity crashes or not, they made their money.
Such individuals are very seductive. You can swear they have the Midas touch, and you can't go wrong. Well, guess what, they don't get rich with their own money. They will get rich off other people's money. They will often test an opportunity enough to see that it is persuasive, and their primary concern is that it sells well, rather than it is solid investment.
The Get Rich Quick Promoter is a prime example why you don't blindly look at earning statements or what they are doing and believe that they tell you things that are a lock for yourself. People can make money in these get rich quick schemes early. It is the long-term that counts. And, I do NOT mean that the person you are dealing with has been doing it a long time, just his opportunities are sustainable long term. Ponzi riders who jump from Ponzi HYIP to Ponzi HYIP are prime examples of this also. These promoters feel NO remorse that you lost money following their advice either. They believe it was your fault that you listened and trusted them to begin with.
I will add one more comment in closing here regarding actual investment opportunities. Some do have a limited time window to them, and do require time to act. Some investment opportunities do have a limited shelf life.
Want to know how these individuals get a lot of money? They know how to sell and market. They build huge lists, and collect referal commissions off people who sign up. Often times they will take all or some of the money out of their opportunities, and walk off with a HUGE profit in the process. In their case, unlike the other people, it doesn't matter if the opportunity crashes or not, they made their money.
Such individuals are very seductive. You can swear they have the Midas touch, and you can't go wrong. Well, guess what, they don't get rich with their own money. They will get rich off other people's money. They will often test an opportunity enough to see that it is persuasive, and their primary concern is that it sells well, rather than it is solid investment.
The Get Rich Quick Promoter is a prime example why you don't blindly look at earning statements or what they are doing and believe that they tell you things that are a lock for yourself. People can make money in these get rich quick schemes early. It is the long-term that counts. And, I do NOT mean that the person you are dealing with has been doing it a long time, just his opportunities are sustainable long term. Ponzi riders who jump from Ponzi HYIP to Ponzi HYIP are prime examples of this also. These promoters feel NO remorse that you lost money following their advice either. They believe it was your fault that you listened and trusted them to begin with.
I will add one more comment in closing here regarding actual investment opportunities. Some do have a limited time window to them, and do require time to act. Some investment opportunities do have a limited shelf life.
When is the best time to start a home-based business (part 2)?
I will be doing another post later today with my own content later during the day, but someone sent me this link, which fits in well with my when is the best time to start a home-based business question I posted earlier. It is a few years old, but the basic truths will remain from this point on, even in the face of globalization. Also, it does ask the question about what you would do when you are downsized. Guess what, even as the economy picks up, you are at risk of downsizing. Anyhow, check out this video to see why I have said yesterday is the best time to start a home-based business:
If you think you are safe, think again. Remember the talk about the "jobless recovery"? Well while things have improved some, the economy is still barely creating more jobs than it needs to sustain the growth in the population.
If you think you are safe, think again. Remember the talk about the "jobless recovery"? Well while things have improved some, the economy is still barely creating more jobs than it needs to sustain the growth in the population.
Thursday, May 24, 2007
I am using Feedburner to allow email subscriptions to this blog.
This is a bonus entry for the day here. I am using the following website to allow people to get email subscriptions to this blog: http://www.feedburner.com
If you have a blog it is a way to do email subscriptions to your blog. Also, if you had any problem with the verification link, copy the ENTIRE URL and then paste it into a web browser to confirm.
I tested it and found out a - symbol that was in the URL at the end wasn't picked up. I had to copy and paste it in to confirm it worked.
If you have a blog it is a way to do email subscriptions to your blog. Also, if you had any problem with the verification link, copy the ENTIRE URL and then paste it into a web browser to confirm.
I tested it and found out a - symbol that was in the URL at the end wasn't picked up. I had to copy and paste it in to confirm it worked.
Intended schedule for Blog posts.
My intended schedule for Blog posts from this point on is Monday through Friday, with the weekend off to work on content, and taking some time off. I intend on doing one post a day, and will eventually get regular with the time of day that day's entry will be added. I will do at least one entry a day, or likely more than one, if one of the entries is a promotion on my part, or news like this.
The only way you fail is if you quit or run out of resources.
Persistence is a trait one needs to develop for success. It may take multiple times to get what you want. The only thing that can stop you from putting an effort is you. Of course, there is the other thing that happens, and that is you run out of resources. If you run out of time, money, strength, and so on, you will fail. On that note, it is important to try to pick things you have enough resources to succeed with. And, on this note, I will mention my Success Principles eBook again. Description of persistence is in there, along with needing sufficient resources. You can get ahold of the eBook, by signing up for it here: http://RevTEAPage.BLTeks.com.
Wednesday, May 23, 2007
You can now get this blog via email!
Give yourself a good name. You must brand and market yourself first.
If you want to have any success on the Internet, you are going to need to brand and market yourself. I said YOURSELF. I did NOT say your COMPANY, or your BUSINESS OPPORTUNITY. It is key you lead with yourself, and sell yourself. In the business opportunity arena, people will face multiple people they can sign up under, so you are competing against other people out there to build your downline. Yes, you do have competition, whether you know it or not.
So, on this note, you need to give yourself a good name on the Internet. Picks some clever name that fits who you are and matches success. It needs to stand out. Bobby Bland just isn't going to cut through the noise. But, "Big Bucks Bobby", for example, might. You need to stand out and differentiate, in a way that shows success.
The Rich Jerk has been particularly noted for this, complete with the obnoxious image, that works, because is selling success. I brand myself as "The Rich" ("Not a Jerk, just Rich") for branding reasons. And the last part is to differentiate myself from "The Rich Jerk". My name is Richard, so Rich and "The Rich" are natural play on words with this, and more valuable than Richard. I could also possible go with "Dick", but Rich works better for me.
Anyhow, you must brand and market you first, not your business opportunity. People who lead with their business opportunity and company replicated website sell to the Borg real well, but not ordinary people.
So, on this note, you need to give yourself a good name on the Internet. Picks some clever name that fits who you are and matches success. It needs to stand out. Bobby Bland just isn't going to cut through the noise. But, "Big Bucks Bobby", for example, might. You need to stand out and differentiate, in a way that shows success.
The Rich Jerk has been particularly noted for this, complete with the obnoxious image, that works, because is selling success. I brand myself as "The Rich" ("Not a Jerk, just Rich") for branding reasons. And the last part is to differentiate myself from "The Rich Jerk". My name is Richard, so Rich and "The Rich" are natural play on words with this, and more valuable than Richard. I could also possible go with "Dick", but Rich works better for me.
Anyhow, you must brand and market you first, not your business opportunity. People who lead with their business opportunity and company replicated website sell to the Borg real well, but not ordinary people.
Tuesday, May 22, 2007
How I managed to get over 1000 friends on Myspace in about a month.
Ok, I wanted to speak a bit about my experience with Myspace. I happened to sign up MONTHS ago for it, after someone said people were making money. Well, I created a basic profile but didn't do anything with it. Well, in EDC training I managed to get some basics on how Myspace works and went to work. I came up with some things I learned on my own, and some basic rules. In the process, I managed to get over 1,000 friends in about a month or so of actually trying to be active on here. Note, I did NOT use a robot friend adder. I actually tried one early, but it proved too much of a headache. This was done organically. Anyhow, that being said, here is what I did:
1. I worked on my profile to make it look interesting to people. I have multiple music videos on there, of songs I like that have a message. My favorites in the video section is diverse and show a bunch. I have some risque songs in there that I like. They are NOT on my front though.
2. I would then search out things I was interested in, and people and profiles involved with them and request they be friends. I also looked for people and profiles that would add just about anyone who wanted. Think here politicians. A great way to get friends is to do friend requests with individuals running for president (I requested friends with everyone but Hillary). Companies and business that want to market also count (I had True on there for awhile, and also The Roaming Knome is still on there). Fictional characters from TV shows also count. I have a bunch of characters from Heroes on, and I like the show.
3. After you get accepted as a friend, either individuals who want to add you, or individuals who you added, you then post a thank you for the add message on their profile. This is proper etiquette, polite, and also is advertising. And ONLY put a nice thank you there. Do NOT put advertising in it. AT MOST you can do a one liner. What you want to do is extend your network, not sell your business opportunities. Your profile can do that, but don't overdo it. When you start to approach 1000 friends, it gets cumbersome, but still worth it. Just limit the times of day you get on. Also, like the thank you, send out Happy Birthdays to people, no matter how small, when it is their birthday. The object is proper exposure.
4. Sign up for all groups that interest you, particularly in areas of people who may buy from your business.
5. I make sure my top 24 list is organized by category on each row and filled with people of interest who say success. I have ONE personal friend on there, Dave. Everything else relates to the image I am carrying out. The top 24 list is a key part of your branding. Who you have on it says a LOT about you. For example, unless you have some quirky reason to keep Tom on there, don't have him in your top 24. He likes to jump on there. There is no reason to remove him from your friend list either, but he doesn't belong in your top friend list. I have Tek Jansen on there for Colbert, because it says sci-fi.
6. Early on if you get cam girls and other scammers who just want to add you (and aren't carrying viruses), allow them to add you and post a thank you for an add on their website. Once you get over 500, and particularly 1000, you can reject them. At that level, you also start to clean up your friend list to remove friends that were deleted. Also note that people will have bogus profiles. I lost Anthony Hopkins off my top 24 because of this. Wasn't the real actor. I happened to Anthony Hopkins, so this was close enough.
7. What you have on your front page is important to, as far as friends and videos go. If you like a musician and have one of his videos on your front page, that is more likely to get an add. My having Jesus on there helped me get Creflo Dollar, who is supposed to be real hard to get. I guess having Jesus helps.
8. Expect a bunch of no's early on though. It happens.
9. Monitor your comment section to. Make sure they help with your branding and image.
Doing this, I managed to get over 1,000 friends in about a month. I also get people inquiring about what I am doing. A good Myspace pages can be used in your marketing your business opportunities. Just play by the rules and protocols there.
Also, one more thing. If you are a real person, and aren't going to O.D me with spam, do add me: http://www.myspace.com/BLTeks . I am always looking for new friends, particularly ones that won't get their profiles killed, I will get you added. And you will get a nice thank you for the add message on your profile in the comment section.
1. I worked on my profile to make it look interesting to people. I have multiple music videos on there, of songs I like that have a message. My favorites in the video section is diverse and show a bunch. I have some risque songs in there that I like. They are NOT on my front though.
2. I would then search out things I was interested in, and people and profiles involved with them and request they be friends. I also looked for people and profiles that would add just about anyone who wanted. Think here politicians. A great way to get friends is to do friend requests with individuals running for president (I requested friends with everyone but Hillary). Companies and business that want to market also count (I had True on there for awhile, and also The Roaming Knome is still on there). Fictional characters from TV shows also count. I have a bunch of characters from Heroes on, and I like the show.
3. After you get accepted as a friend, either individuals who want to add you, or individuals who you added, you then post a thank you for the add message on their profile. This is proper etiquette, polite, and also is advertising. And ONLY put a nice thank you there. Do NOT put advertising in it. AT MOST you can do a one liner. What you want to do is extend your network, not sell your business opportunities. Your profile can do that, but don't overdo it. When you start to approach 1000 friends, it gets cumbersome, but still worth it. Just limit the times of day you get on. Also, like the thank you, send out Happy Birthdays to people, no matter how small, when it is their birthday. The object is proper exposure.
4. Sign up for all groups that interest you, particularly in areas of people who may buy from your business.
5. I make sure my top 24 list is organized by category on each row and filled with people of interest who say success. I have ONE personal friend on there, Dave. Everything else relates to the image I am carrying out. The top 24 list is a key part of your branding. Who you have on it says a LOT about you. For example, unless you have some quirky reason to keep Tom on there, don't have him in your top 24. He likes to jump on there. There is no reason to remove him from your friend list either, but he doesn't belong in your top friend list. I have Tek Jansen on there for Colbert, because it says sci-fi.
6. Early on if you get cam girls and other scammers who just want to add you (and aren't carrying viruses), allow them to add you and post a thank you for an add on their website. Once you get over 500, and particularly 1000, you can reject them. At that level, you also start to clean up your friend list to remove friends that were deleted. Also note that people will have bogus profiles. I lost Anthony Hopkins off my top 24 because of this. Wasn't the real actor. I happened to Anthony Hopkins, so this was close enough.
7. What you have on your front page is important to, as far as friends and videos go. If you like a musician and have one of his videos on your front page, that is more likely to get an add. My having Jesus on there helped me get Creflo Dollar, who is supposed to be real hard to get. I guess having Jesus helps.
8. Expect a bunch of no's early on though. It happens.
9. Monitor your comment section to. Make sure they help with your branding and image.
Doing this, I managed to get over 1,000 friends in about a month. I also get people inquiring about what I am doing. A good Myspace pages can be used in your marketing your business opportunities. Just play by the rules and protocols there.
Also, one more thing. If you are a real person, and aren't going to O.D me with spam, do add me: http://www.myspace.com/BLTeks . I am always looking for new friends, particularly ones that won't get their profiles killed, I will get you added. And you will get a nice thank you for the add message on your profile in the comment section.
Monday, May 21, 2007
A word from our sponsor: Invisus makes computers happy!
Ok, time for a bit of a commerical here. I am going to plug Invisus a bit. Invisus managed to get my laptop here to shut down correctly. On the intial NO COST (tech calls are no cost) consultation call to get going, they troubleshooted a few things on my computer and now it powers down correctly and is running well. Had I taken this into a PC repair shop, it likely would of been in the $50-$100 range, and I would of been without it for at least a day. Now Invisius provides the tech support primarily for virus related issues, but they will do a few tweaks also if it helps fix your computer, even if not virus related. They did this with me.
Anyhow, that is my testimonial, and is advertising because I am selling it (and distributorships also). Well, anyhow, all I can say is Invisus makes computers happy! My laptop is.
To learn more, go here: http://Invisus.BLTeks.com
If you would like to learn about Invisus as a business opportunity, visit here:
http://InvisusOpp.BLTeks.com
Anyhow, that is my testimonial, and is advertising because I am selling it (and distributorships also). Well, anyhow, all I can say is Invisus makes computers happy! My laptop is.
To learn more, go here: http://Invisus.BLTeks.com
If you would like to learn about Invisus as a business opportunity, visit here:
http://InvisusOpp.BLTeks.com
When is the best time to start a home-based business?
People will ponder when is the best time to start a home-based business. The answer is a simple one: yesterday. People will hem and haw about this. Be hesitant, and wait. They think they really don't need to, because their job is doing well. They think they are safe. Usually people will decide to start a business is when they bills start piling up. They want a quick fix. Well, I hate to tell you this, but if you expect a home-based business to be a miracle, you will be disappointed. You delay, you have a chance of getting downsized. The best time to start is when you have a job, and cover your bills. I had delayed years doing this, because I thought I had a job, and the job supposedly didn't let me do stuff on the side. Well, then came the downsizing, and with myself on unemployment to pay the bills, I was handicapped.
Why it is important to get started ASAP is that a home-based business is like a baby. It needs a lot of tending to and nurturing. Early on, it is just like a baby, in that it will cry and demand attention, and needs its diapers changed. As a parent for it, you will need to learn how to take care of it, and get it to grow. Your objective is to have it grow up so it can then take care of you (you quit your job).
If you wait, wait, wait on this, you will then have to become a parent at the least convenient time. So, all I can say is that the best time to start a home-based business was yesterday. But, since you can't, you need to get on it today. Ok, now, this doesn't necessarily mean that you start SELLING or BUY a business opportunity today, but you do your research and develop your business plan. Set a timetable to start and commit. If you delay, things have a good chance of getting more difficult later. You are losing time. In case of myself, I started BLTeks before I even had any products or services (I was sorting that out).
So, in other words, get started today! Do something and set yourself a timetable to act, and plan. Don't wait until you lose your job to do this. And think in terms of having a business, not just bringing more money in. Your business can be your additional streams of income, but a business is a bunch of systems that work together than make sure your streams of income remain safe and continue to flow.
Or, your other choice is to become roadkill in life, groveling for whatever work comes along and remain a wage slave. This path is easier in one way (you don't need to change), but the toll it takes on your life is much harder. Plus you end up paying the price when your circumstances tell you to, rather than when you can afford to pay. I will say, given the current economic situation and globalization, you can't afford to NOT have a business. Even your career is a business now (look at the industry that has sprung up saying you have to sell and market yourself to get a job). The days of lifetime employment are over, and your career is a business. The difference with the job as opposed to a real business, is what they sell you is a false sense of security.
[Update: Check out part 2 for a video on what I am talking about]
Why it is important to get started ASAP is that a home-based business is like a baby. It needs a lot of tending to and nurturing. Early on, it is just like a baby, in that it will cry and demand attention, and needs its diapers changed. As a parent for it, you will need to learn how to take care of it, and get it to grow. Your objective is to have it grow up so it can then take care of you (you quit your job).
If you wait, wait, wait on this, you will then have to become a parent at the least convenient time. So, all I can say is that the best time to start a home-based business was yesterday. But, since you can't, you need to get on it today. Ok, now, this doesn't necessarily mean that you start SELLING or BUY a business opportunity today, but you do your research and develop your business plan. Set a timetable to start and commit. If you delay, things have a good chance of getting more difficult later. You are losing time. In case of myself, I started BLTeks before I even had any products or services (I was sorting that out).
So, in other words, get started today! Do something and set yourself a timetable to act, and plan. Don't wait until you lose your job to do this. And think in terms of having a business, not just bringing more money in. Your business can be your additional streams of income, but a business is a bunch of systems that work together than make sure your streams of income remain safe and continue to flow.
Or, your other choice is to become roadkill in life, groveling for whatever work comes along and remain a wage slave. This path is easier in one way (you don't need to change), but the toll it takes on your life is much harder. Plus you end up paying the price when your circumstances tell you to, rather than when you can afford to pay. I will say, given the current economic situation and globalization, you can't afford to NOT have a business. Even your career is a business now (look at the industry that has sprung up saying you have to sell and market yourself to get a job). The days of lifetime employment are over, and your career is a business. The difference with the job as opposed to a real business, is what they sell you is a false sense of security.
[Update: Check out part 2 for a video on what I am talking about]
Friday, May 18, 2007
Taking blogging weekend off.
I will be away from blogging this weekend. Need time to think of more post entries.
On a side note, I will praying for my downline that they are successful.
On a side note, I will praying for my downline that they are successful.
Thursday, May 17, 2007
Bob and the magic beans (a parable on business opportunities)
There once was merchant named Bob, who promises people that if they bought these magic beans, they would magically plant themselves in the ground, tend and care for themselves, and all of a sudden sprout up a bunch gold beans that would magically deposit themselves in the bank for peasants who bought them. Bob said that the magic beans worked amazing well, and all people had to do was buy the beans and they would become rich.
Bob sent out messages to people speaking about how amazing the magic beans were, and you would fill your bank account, guaranteed. Bob spoke of a trip to anywhere in Parableland, to anyone to show them how wonderful the beans worked.
Bob stated that you didn't have to do anything, just buy the magic beans and you would get rich.
Of course, a bunch of people bought these beans, expecting that they would work wonders. They even told others about how amazing the beans were, so that they would end up having people cover how much they paid. Stories were popping up all over about Bob's Magic Beans. The beans were magic. They didn't even need people to do anything. Oh, it wasn't mentioned you had to keep giving Bob's bean supplier money to make the beans work properly.
A flier was produced, advertising the beans. On it were show how much gold the beans produced for people. You had a Gail who made a ton of gold in less than a week. There was a Jim who also racked in a bunch of cash to. The beans did look like they worked wonders and made everyone rich.
Bob would sometimes get nasty in what he said though. He would say a competing set of beans weren't as magical. He also was proud to announce he didn't even have to tell anyone else about the beans, because the beans would tell others. He said this telling cost nothing to. He put out announcements, and hired people to send the message around to, telling them how he didn't even have to get money to advertise the beans.
Of course, Bob went on to live happily ever after in his castle he managed to get selling his magic beans. No one knows what happened to the rest of the people who bought the beans. There are rumors some also retired, and others who wondered exactly whether or not the beans actually worked. Of course there were those who bought the beans, like they had bought 20 other sets of magical beans in the past, and they didn't work for them this time either. Maybe these people are cursed, but they never seem to have magical beans work wonder. But, these people keep buying the next set of beans that come along. They have been accused of being bean jumpers, but they keep saying it is always the beans fault. They say the next set of beans will work for them, or at least they beans won't lose their magicalness.
Anyhow, a simple question here is: Have you bought any magic beans recently? If you have, are they next to the shelf of other magic beans you bought in the past? How many times have you done this, and have any of them worked?
Bob sent out messages to people speaking about how amazing the magic beans were, and you would fill your bank account, guaranteed. Bob spoke of a trip to anywhere in Parableland, to anyone to show them how wonderful the beans worked.
Bob stated that you didn't have to do anything, just buy the magic beans and you would get rich.
Of course, a bunch of people bought these beans, expecting that they would work wonders. They even told others about how amazing the beans were, so that they would end up having people cover how much they paid. Stories were popping up all over about Bob's Magic Beans. The beans were magic. They didn't even need people to do anything. Oh, it wasn't mentioned you had to keep giving Bob's bean supplier money to make the beans work properly.
A flier was produced, advertising the beans. On it were show how much gold the beans produced for people. You had a Gail who made a ton of gold in less than a week. There was a Jim who also racked in a bunch of cash to. The beans did look like they worked wonders and made everyone rich.
Bob would sometimes get nasty in what he said though. He would say a competing set of beans weren't as magical. He also was proud to announce he didn't even have to tell anyone else about the beans, because the beans would tell others. He said this telling cost nothing to. He put out announcements, and hired people to send the message around to, telling them how he didn't even have to get money to advertise the beans.
Of course, Bob went on to live happily ever after in his castle he managed to get selling his magic beans. No one knows what happened to the rest of the people who bought the beans. There are rumors some also retired, and others who wondered exactly whether or not the beans actually worked. Of course there were those who bought the beans, like they had bought 20 other sets of magical beans in the past, and they didn't work for them this time either. Maybe these people are cursed, but they never seem to have magical beans work wonder. But, these people keep buying the next set of beans that come along. They have been accused of being bean jumpers, but they keep saying it is always the beans fault. They say the next set of beans will work for them, or at least they beans won't lose their magicalness.
Anyhow, a simple question here is: Have you bought any magic beans recently? If you have, are they next to the shelf of other magic beans you bought in the past? How many times have you done this, and have any of them worked?
Marketing and mentoring are different. And the 60 Day Challenge
Just a brief post today, as a reminder. You may think that if you are signing up under a heavy hitter, that will guarantee success. Well, flat out, if the guy is a great marketer, there is no guarantee he would be any help to you. I know I once had an upline who later whined that he received no residual income. The guy knew how to market, but he sucked at training. He was never available.
Anyhow, on this note, I am going to announce my EDC Gold 60 day challenge. If you sign up under me in 60 days, you will be fully qualified in EDC Gold, and this is guaranteed on my part. If you want to learn more on this, visit the website: http://60DaysEDC.BLTeks.com .
Anyhow, on this note, I am going to announce my EDC Gold 60 day challenge. If you sign up under me in 60 days, you will be fully qualified in EDC Gold, and this is guaranteed on my part. If you want to learn more on this, visit the website: http://60DaysEDC.BLTeks.com .
Wednesday, May 16, 2007
I am now an Invisus distributor.
Just an update here. I have added Invisus as a product line for BLTeks. They provide the best firewall, anti-virus, spyware, and identity theft insurance combination out there. And you get solid, out of the United States FREE tech support (you speak to tech who is in the United States). Anyhow, check it out here: http://Invisus.BLTeks.com . The service is needed also, and only costs $14.95 a month (plus $14.95 for the all the software).
If you are interested in checking it out as a business opportunity, visit here: http://InvisusOpp.BLTeks.com . In the area of network marketing, Invisus has NO competition, considering all they offer. I used their tech support to get set up and the tech was real good. They helped to get things set up and clean up my computer a bit. You can make good money if you work this as a serious business. This is NOT a get rich quick thing, but it is primed as a good opportunity. Reasonable start up costs, and only 5 customers or so (or reps under you) and your monthly costs are covered. Start up costs are less than $300 also.
Invisus is a straight up MLM here, like Telebay, so it isn't get rich quick. Payouts are higher than Telebay.
If you are interested in checking it out as a business opportunity, visit here: http://InvisusOpp.BLTeks.com . In the area of network marketing, Invisus has NO competition, considering all they offer. I used their tech support to get set up and the tech was real good. They helped to get things set up and clean up my computer a bit. You can make good money if you work this as a serious business. This is NOT a get rich quick thing, but it is primed as a good opportunity. Reasonable start up costs, and only 5 customers or so (or reps under you) and your monthly costs are covered. Start up costs are less than $300 also.
Invisus is a straight up MLM here, like Telebay, so it isn't get rich quick. Payouts are higher than Telebay.
Tuesday, May 15, 2007
Canary activities.
Miners would often bring a canary into a mine with them to indicate when the air was getting toxic. The canary would end up dying and the miners would get out.
Canary activities are like this. They are activities if you find yourself doing them, they are a sign that you are not doing the right things and your business is not being profitable. Most of these activities are unproductive time wasters, often times making you feel like you are doing something that is helping your business. If you take the bigger picture you realize they are not.
In the case of myself, I happen to get on Myspace to promote the business. I then realized I was gravitating to multiple times during the day to check on things, and add friends. Well, all I needed to be on there, AT MOST is twice a day. When it goes three or four times, then I am wasting time. The activity is a canary activity to indicate I am being unproductive.
Other examples of canary activities are surfing the web, getting into irrelevant IM chats, surfing the web doing "research", and cleaning up your desk for the 50th time. You could be spending time writing good ad copy, calling leads and so on.
Remember cost per result. Canary activities have POOR cost per result. They are distractions and not result getters.
Canary activities are like this. They are activities if you find yourself doing them, they are a sign that you are not doing the right things and your business is not being profitable. Most of these activities are unproductive time wasters, often times making you feel like you are doing something that is helping your business. If you take the bigger picture you realize they are not.
In the case of myself, I happen to get on Myspace to promote the business. I then realized I was gravitating to multiple times during the day to check on things, and add friends. Well, all I needed to be on there, AT MOST is twice a day. When it goes three or four times, then I am wasting time. The activity is a canary activity to indicate I am being unproductive.
Other examples of canary activities are surfing the web, getting into irrelevant IM chats, surfing the web doing "research", and cleaning up your desk for the 50th time. You could be spending time writing good ad copy, calling leads and so on.
Remember cost per result. Canary activities have POOR cost per result. They are distractions and not result getters.
Monday, May 14, 2007
Rejection doesn't matter. Cost per result does.
It is human nature to fear rejection. People take it personal and allow it to bend them out of shape. Well, let me say that rejection doesn't matter. What you have isn't a fit for everyone. Maybe what you offer doesn't mesh with their values, or is out of their budget, or they just don't have time for it. When you are in business you will be sorting through a lot of leads to find ideal prospects who sign up for what your business offers.
Well, while rejection doesn't matter, what does matter is how much it costs to get your desired results. If you have something that will generate very poor results, but costs next to nothing in time or money or anything else you have, do it. Of course, as you work up a better use for your time and money, you can consider dropping it. Anyhow, let me give you an example of what I personally use.
An example of something like this is myself putting business card sized sizzle or drop cards that carry classified ad information that get people interested, in a cheap card holder (made out of a coin envelop), with the business card sticked on front of it. The cost of the cards and display is cheap. The time effort is minimal. And the results are poor. But, I get occational calls from them. In other words, it works, but poorly. Is it worth doing? Yes. I actually got one woman to sign up for my no cost Telebay service for Internet phone service due to the cards. Not great results, but still worth doing. I personally believe also having the cards out enables me to deduct my drive expense. My use of Traffic Swarm is another example. I have gotten numerous leads from Traffic Swarm.
When you are starting out, with low cash and resources, you may have to lean on such activities that generate poor results but are cheap. Just don't take the poor results personally.
Well, while rejection doesn't matter, what does matter is how much it costs to get your desired results. If you have something that will generate very poor results, but costs next to nothing in time or money or anything else you have, do it. Of course, as you work up a better use for your time and money, you can consider dropping it. Anyhow, let me give you an example of what I personally use.
An example of something like this is myself putting business card sized sizzle or drop cards that carry classified ad information that get people interested, in a cheap card holder (made out of a coin envelop), with the business card sticked on front of it. The cost of the cards and display is cheap. The time effort is minimal. And the results are poor. But, I get occational calls from them. In other words, it works, but poorly. Is it worth doing? Yes. I actually got one woman to sign up for my no cost Telebay service for Internet phone service due to the cards. Not great results, but still worth doing. I personally believe also having the cards out enables me to deduct my drive expense. My use of Traffic Swarm is another example. I have gotten numerous leads from Traffic Swarm.
When you are starting out, with low cash and resources, you may have to lean on such activities that generate poor results but are cheap. Just don't take the poor results personally.
Are MLM network marketers lazy?
This is double post night. I was originally going to just do one subject, but recent happenings had me wanting to write this.
I believe MLM can work if people work it. A good MLM program providing real value to people, and solid training is great. However, I believe that some MLMers have a bit of a lazy streak to them. Let me give you some of the mentality I have seen:
1. The belief that all you have to do is find a few heavy hitters for your downline, and you are all set. Believe you get two in a binary (one on each side of course), or as many others wide in a matrix and you are set. In other words, hit the lottery.
2. The belief that you don't want to learn, work or grow. You believe that you don't need to know anything and the product will sell itself. Just believing people will actually word of mouth it for you.
3. The belief that you should find the easiest possible program that people with no skill can become rich if they sign up, so that these people can see how easy it is. Read my no rich caveman blog entry. You sell them that, you are selling people a bill of goods. Now, I am NOT saying that a program should be hard to work, just shooting for the easiest program so you can seduce the unable to get educated in, is playing with fool's gold. People won't get qualifed in Ups and will drop out in MLMs.
4. Believing a matrix will magically provide all the spillover you need. Companies now put in minimum sign up requirements in matrix programs because people tend to get lazy when they sign up.
5. Believing all you need to do is telling your warm market of your wonderful opportunity and you will get rich because they will magically sign up.
6. Believing you don't need to learn how to market at all, and all you need to do is practice one elevator pitch you deliver to everyone you bump into and they will sign up.
7. Believing all you need to do to be successful in an MLM is to get in early enough that people will just jump on the opportunity because it is new. All these startups are just great at signing program jumpers. By the way, guess who gets the invites to these early opportunities? The skilled list builders and heavy hitters. Organizations want to trust their growth to people who can build downlines. Lazy people and unskilled almost never get these (well, if they have a heavy hitter who has pity on them they might).
8. Believing that if you keep jumping from one opportunity to the next, you eventually will find a winning program because you got lucky (and the breaks described above will fall your way).
If you treat your network marketing opportunity as a business, and set out to become competent and skilled and able to get others trained who then can train others, you can do well and become a big earner. If you think your business will work itself, you are deluding yourself. Maybe you hit the downline lottery, but most won't (the downline lottery winner usually goes to people who are known to be able to recruit well, by the way). I would say most people who fail in network marketing, fail because they believe what I wrote above is the truth. It is the mindset of the lazy and unlearned. Oh yes, and if you are part of a one time sale Aussie Up system and you believe this, you will do even worse than in an MLM, because in the Up system, you are rewarded for your skill to a greater degree. The Up system gets you new business, but it is your job to get your people qualified and market and sell yourself.
Want to know the failure rate in network marketing? Try around over 90%. Direct selling is marginally better. But still, the unskilled fail and most people don't even get profitable. The reasons are because they don't know how to run their business and have the mindset I described above.
If the failure rate is over 90% why do it? Well, because network marketing companies usually provide you some form of training and some people you can emulate for success. The cost of entry is far less than in franchise model. About the only other thing open is affiliate marketing over the Internet, which usually is no cost, but doesn't provide you any sort of leadership and training on how to sell or list build. This is why network marketing works. The trick is to learn how to run it as a business (not having lazy, lottery ticket buyer mentality) and find something you believe in that people want to buy. Of course, you could always get a job in insurance sales or real estate. But then, guess what, you are back to the business of selling, and skill.
In the case of myself, I once I got some knowledge on the art of marketing over the Internet and list building, I have been able to get into profit relatively quickly in about every program I have joined. Of course I look to join only programs I believe in that have value at this point and am picky.
I believe MLM can work if people work it. A good MLM program providing real value to people, and solid training is great. However, I believe that some MLMers have a bit of a lazy streak to them. Let me give you some of the mentality I have seen:
1. The belief that all you have to do is find a few heavy hitters for your downline, and you are all set. Believe you get two in a binary (one on each side of course), or as many others wide in a matrix and you are set. In other words, hit the lottery.
2. The belief that you don't want to learn, work or grow. You believe that you don't need to know anything and the product will sell itself. Just believing people will actually word of mouth it for you.
3. The belief that you should find the easiest possible program that people with no skill can become rich if they sign up, so that these people can see how easy it is. Read my no rich caveman blog entry. You sell them that, you are selling people a bill of goods. Now, I am NOT saying that a program should be hard to work, just shooting for the easiest program so you can seduce the unable to get educated in, is playing with fool's gold. People won't get qualifed in Ups and will drop out in MLMs.
4. Believing a matrix will magically provide all the spillover you need. Companies now put in minimum sign up requirements in matrix programs because people tend to get lazy when they sign up.
5. Believing all you need to do is telling your warm market of your wonderful opportunity and you will get rich because they will magically sign up.
6. Believing you don't need to learn how to market at all, and all you need to do is practice one elevator pitch you deliver to everyone you bump into and they will sign up.
7. Believing all you need to do to be successful in an MLM is to get in early enough that people will just jump on the opportunity because it is new. All these startups are just great at signing program jumpers. By the way, guess who gets the invites to these early opportunities? The skilled list builders and heavy hitters. Organizations want to trust their growth to people who can build downlines. Lazy people and unskilled almost never get these (well, if they have a heavy hitter who has pity on them they might).
8. Believing that if you keep jumping from one opportunity to the next, you eventually will find a winning program because you got lucky (and the breaks described above will fall your way).
If you treat your network marketing opportunity as a business, and set out to become competent and skilled and able to get others trained who then can train others, you can do well and become a big earner. If you think your business will work itself, you are deluding yourself. Maybe you hit the downline lottery, but most won't (the downline lottery winner usually goes to people who are known to be able to recruit well, by the way). I would say most people who fail in network marketing, fail because they believe what I wrote above is the truth. It is the mindset of the lazy and unlearned. Oh yes, and if you are part of a one time sale Aussie Up system and you believe this, you will do even worse than in an MLM, because in the Up system, you are rewarded for your skill to a greater degree. The Up system gets you new business, but it is your job to get your people qualified and market and sell yourself.
Want to know the failure rate in network marketing? Try around over 90%. Direct selling is marginally better. But still, the unskilled fail and most people don't even get profitable. The reasons are because they don't know how to run their business and have the mindset I described above.
If the failure rate is over 90% why do it? Well, because network marketing companies usually provide you some form of training and some people you can emulate for success. The cost of entry is far less than in franchise model. About the only other thing open is affiliate marketing over the Internet, which usually is no cost, but doesn't provide you any sort of leadership and training on how to sell or list build. This is why network marketing works. The trick is to learn how to run it as a business (not having lazy, lottery ticket buyer mentality) and find something you believe in that people want to buy. Of course, you could always get a job in insurance sales or real estate. But then, guess what, you are back to the business of selling, and skill.
In the case of myself, I once I got some knowledge on the art of marketing over the Internet and list building, I have been able to get into profit relatively quickly in about every program I have joined. Of course I look to join only programs I believe in that have value at this point and am picky.
Friday, May 11, 2007
No more Blog entires until Monday. Blog may be down a few hours Sunday.
Just giving a head's up here. I did tripple entries today to cover Friday and the weekend. On Sunday, I am looking to change the URL of the blog here to get rid of Rants of the Rich. The blog may be down a few hours on Sunday to faciliate this change. I will look to be back Monday.
I will be looking next week to speak on Costs per result instead of rejection and blog on what I call "Canary activities", which serve as a measure of whether you are being productive or not.
I will be looking next week to speak on Costs per result instead of rejection and blog on what I call "Canary activities", which serve as a measure of whether you are being productive or not.
Why I market Your New Fortune as The 1Up & Up System
I currently market the lower end program in EDC, Your New Fortune, as The 1Up & Up System . You may be wondering why I do this. Well, one thing that is important when marketing, is to have a distinct and unique message that stands out. It also helps that you have a unique product or service. Because of this, I have rebranded Your New Fortune under the name The 1Up & Up System , and advertise the only residual 1Up system. Your New Fortune is the only program to use The 1Up & Up System . Anyhow, to learn more about it Your New Fortune and The 1Up & Up System, visit this website: http://Get.1UpAndUp.com .
Your New Fortune can get you making over $100 a month with only 3 people, and also provide a way for you to make additional income of $495 (plus a 5% residual on future sales). The 1Up & Up System site wil explain how the compensation system works.
Your New Fortune can get you making over $100 a month with only 3 people, and also provide a way for you to make additional income of $495 (plus a 5% residual on future sales). The 1Up & Up System site wil explain how the compensation system works.
A comparison of EDC Gold to Perfect Wealth Formula
You may of seen either or both of these advertised over the Internet. To provide a comparison of both, I created the following web page: http://EDCorPWF.BLTeks.com . You can compare both these programs and see if either or both of them is right for you.
Thursday, May 10, 2007
Stupid earnings statement trick.
What you see here is pending earnings (over $40,000) from the No Skill Income surf program I was doing that is switching to a Hedge Fund. The money is pending to my bank account, and I am hoping to get it soon. I blotted out information to protect myself and who is involved here and the payment processor. This is an actually statement.I am posting this to show you how anyone can throw an earning statement out, blot out this and that on it, and make themselves a big earner. It doesn't mean the money is actually in their back account or it is a legitimate statement. Photos can be doctors (shock and horror) and such may not be an indication of what unskilled Mr. Lazy would be able to do.
Anyhow, don't fall for earning statements. Look beyond, and know YOU are responsible for success, not some magic "system" that promises the moon and stars without doing anything.
Wednesday, May 9, 2007
Shopping for a sponsor, part II. Buying what is positive.
I recently picked up Perfect Wealth Formula. I was considering it and felt it as a complimentary product to what I am doing to EDC. It allows you to get in at $597 now, and will have people grandfathered in at the $900 level soon (check it out to see). Different products, different price point, and different compensation system (it uses a subaffiliate compensation system). Well, I had to buy it from someone. I had multiple choices. The one I went with didn't bash EDC, and is also a top earner with that. Others I looked at were saying negative things about EDC, even those in the program. Considering I like EDC it was important I find someone who likes it also.
What is the lesson here? In the area of selling and marketing one may have to go negative from time to time, or at least do a comparison of what they are selling compared to a competitor. However, if you base your sales pitch on why a possible competing product sucks only, and speak on how much money you are making, you can risk losing sales.
Yes, it is important to be honest, but also important to be positive. People who weren't with me, who ripped down EDC in front of me, lost a sale.
What is the lesson here? In the area of selling and marketing one may have to go negative from time to time, or at least do a comparison of what they are selling compared to a competitor. However, if you base your sales pitch on why a possible competing product sucks only, and speak on how much money you are making, you can risk losing sales.
Yes, it is important to be honest, but also important to be positive. People who weren't with me, who ripped down EDC in front of me, lost a sale.
Tuesday, May 8, 2007
Shopping for a sponsor (upline) and dealmaking.
I am writing this entry to address two topics I have run into recently, through my looking to expand what BLTeks offers. These topics are trying to find a sponsor (upline) for a program you might want to join, and "dealmaking". These two will often times are intertwined. What I will say here, in a nutshell, do NOT join a program because you got into the cheapest. I will explain below what to look for. And the unwritten rule of "go with the first person who told you" is unwritten for a reason (you can end up failing if you follow it to the letter).
When looking for a sponsor, figure one thing on top: Will this person help me make the most amount of money in my business? You are in business to make money. That is what matters. What you should be looking for is whether the person will join and partner with you in what you are currently doing, will they help train you to be successful, and do they the resources to help you market better? Go for the top dog here in these, not the guy who cuts you tbe best deal. And, note here, I am NOT saying you necessarily join with a heavy hitter. It is possible the heavy hitter is a robomarketer, and knows how to sell, but is unavailable to help you. Not all are like this, but some are. A person may end up so successful they don't have time for you. This means a "smaller fish" may be your best partner.
As for dealmaking, can I share a secret with you? People do this in just about every program. I don't care if the program says it will throw you out if you make a deal. I had someone flat out try to make a BIG deal with me, cutting back on qualification requirements and cutting my costs to join. This was in a program that said they would be thrown out if they did. Dealmaking on costs is supposed to be to help a friend out and so on. Or, maybe someone brings more to the table than you have, and the deal helps balance things.
To wrap up, two points. First, go with who will help you make the most money (not the cheapest). Second, if you do take a deal, keep it quiet. Don't tell or advertise to anyone. People may expect you to do the same. If a company let's you make deals and tell, do make your deals progressively more expensive for future people. Don't cheapen yourself.
By the way, I will share the new things I am involved with, once I get them up and running and kick the tires on them. I want to announce all of them together. One is not set yet.
When looking for a sponsor, figure one thing on top: Will this person help me make the most amount of money in my business? You are in business to make money. That is what matters. What you should be looking for is whether the person will join and partner with you in what you are currently doing, will they help train you to be successful, and do they the resources to help you market better? Go for the top dog here in these, not the guy who cuts you tbe best deal. And, note here, I am NOT saying you necessarily join with a heavy hitter. It is possible the heavy hitter is a robomarketer, and knows how to sell, but is unavailable to help you. Not all are like this, but some are. A person may end up so successful they don't have time for you. This means a "smaller fish" may be your best partner.
As for dealmaking, can I share a secret with you? People do this in just about every program. I don't care if the program says it will throw you out if you make a deal. I had someone flat out try to make a BIG deal with me, cutting back on qualification requirements and cutting my costs to join. This was in a program that said they would be thrown out if they did. Dealmaking on costs is supposed to be to help a friend out and so on. Or, maybe someone brings more to the table than you have, and the deal helps balance things.
To wrap up, two points. First, go with who will help you make the most money (not the cheapest). Second, if you do take a deal, keep it quiet. Don't tell or advertise to anyone. People may expect you to do the same. If a company let's you make deals and tell, do make your deals progressively more expensive for future people. Don't cheapen yourself.
By the way, I will share the new things I am involved with, once I get them up and running and kick the tires on them. I want to announce all of them together. One is not set yet.
Monday, May 7, 2007
Sales is a derivative.
In the world of financial markets, there are things called derivatives. They are financial instruments whose value is based off something else. To read more on this, go here: http://en.wikipedia.org/wiki/Derivative_(finance)
I make mention of this, because sales is the same way. The value and income potential in something that is sold, is derived from the value of the product itself. What someone is buying has to have a greater value to the buyer than what they pay.
How does this relate to network marketing or other business opportunity areas? Well, simply put, unless you are running some sort of Ponzi scheme, what you are selling, EXCLUDING THE ABILITY TO MAKE MONEY, has to have equal or greater value than what people pay for it. The ability to make money off of it, is an added bonus. People who buy into these schemes are buying a lottery ticket, not a business.
A problem that happens a lot in network marketing is that what is being sold is pitched with the opportunity, so often times what is being sold without the ability to make money (business opportunity), is less. This can lead to people dropping out or not promoting.
So, to sum up, sales is a derivative based off the value of what is being sold. Remember this if you want to sell anything. I personally base what I pick around this. In my case, I am offering The 1Up and Up System (Your New Fortune under my brand name) now because it is providing training and the ability for people to make money selling e-commerce solutions to business, making additional money. There is a base value there.
I make mention of this, because sales is the same way. The value and income potential in something that is sold, is derived from the value of the product itself. What someone is buying has to have a greater value to the buyer than what they pay.
How does this relate to network marketing or other business opportunity areas? Well, simply put, unless you are running some sort of Ponzi scheme, what you are selling, EXCLUDING THE ABILITY TO MAKE MONEY, has to have equal or greater value than what people pay for it. The ability to make money off of it, is an added bonus. People who buy into these schemes are buying a lottery ticket, not a business.
A problem that happens a lot in network marketing is that what is being sold is pitched with the opportunity, so often times what is being sold without the ability to make money (business opportunity), is less. This can lead to people dropping out or not promoting.
So, to sum up, sales is a derivative based off the value of what is being sold. Remember this if you want to sell anything. I personally base what I pick around this. In my case, I am offering The 1Up and Up System (Your New Fortune under my brand name) now because it is providing training and the ability for people to make money selling e-commerce solutions to business, making additional money. There is a base value there.
Sunday, May 6, 2007
Find your voice.
I once read a book on doing standup comedy. The write goes on to explain in one section of a book, how each comic needs to have material that fits their personality and who they are. He explained that a blonde woman tried to use Bill Cosby's material and it just didn't work.
Anyone on this note, I mention it is the same for anyone else in business, when it comes to marketing. You need to have your material match you and who you are. You need to represent yourself in the most positive genuine light as possible, and what you have to offer. It has to stand out as unique or you will get lost in the mix of other voice. Also, being positive is key here. Because you come off as bleh, no one is interested. There is enough bleh in the world.
So, in a nutshell, find your voice.
Anyone on this note, I mention it is the same for anyone else in business, when it comes to marketing. You need to have your material match you and who you are. You need to represent yourself in the most positive genuine light as possible, and what you have to offer. It has to stand out as unique or you will get lost in the mix of other voice. Also, being positive is key here. Because you come off as bleh, no one is interested. There is enough bleh in the world.
So, in a nutshell, find your voice.
Saturday, May 5, 2007
A subdomain redirect trick for web marketing.
If you aren't familar with subdomains, they are the first part of a URL name that will typically replace the www. in a URL web address. A company could end up referring to their support department by going: support.company.com, rather than www.company.com/support . This saves on typing. I use subdomains heavily.
Any I use subdomains to track how effective an add campaign is going and find out where people are finding a page from. For my success principles eBook, I have several URLs: RevTEADoc.BLTeks.com (for people who find out about the eBook through this blog), MyTEADoc.BLTeks.com (for people who find out about the eBook on Myspace) and TEA.1UpAndUp.com (for people who find out about the eBook as a bonus offer on my 1Up and Up System web page). All these subdomains redirect to one URL I am using to reference where the most recent version of the Success Principles eBook exists.
By using subdomains in this manner, you can track where people find out about your web page from. I am able to then go through my control panel with Hostgator and find out how many times a subdomain was access. This enables me to track how frequently a web page or marketing campaign is resulting in a web page I have being accessed.
I also am posting this here so, in the event people see this weird set of URLS all around BLTeks.com, so they can get an idea why I am doing it.
Any I use subdomains to track how effective an add campaign is going and find out where people are finding a page from. For my success principles eBook, I have several URLs: RevTEADoc.BLTeks.com (for people who find out about the eBook through this blog), MyTEADoc.BLTeks.com (for people who find out about the eBook on Myspace) and TEA.1UpAndUp.com (for people who find out about the eBook as a bonus offer on my 1Up and Up System web page). All these subdomains redirect to one URL I am using to reference where the most recent version of the Success Principles eBook exists.
By using subdomains in this manner, you can track where people find out about your web page from. I am able to then go through my control panel with Hostgator and find out how many times a subdomain was access. This enables me to track how frequently a web page or marketing campaign is resulting in a web page I have being accessed.
I also am posting this here so, in the event people see this weird set of URLS all around BLTeks.com, so they can get an idea why I am doing it.
My Success Principles eBook is now available.
Since I have been on Myspace (http://www.myspace.com/blteks), I have received repeated requests by people for information on how to make money and be successful. In response to these requests, I have revised and made available a 14 page Success Principles eBook I created in 2006. It is called "Three Essential Areas: Success Principles" and can be downloaded here: http://RevTEAPage.BLTeks.com
This will give you an overview of my thoughts on essential principles for success. In the eBook is a link to be able to download whatever the latest version of the doc is at the moment. I am likely to do some revisions from time to time, but the core should remain the same.
This will give you an overview of my thoughts on essential principles for success. In the eBook is a link to be able to download whatever the latest version of the doc is at the moment. I am likely to do some revisions from time to time, but the core should remain the same.
Friday, May 4, 2007
Even Ponzi tried to be legit. A brief review of "Ponzi's Scheme" by Mitchell Zuckoff
I had finished the book "Ponzi's Scheme" by Mitchell Zuckoff recently and decided now to get a brief review of it up.
I found the book a very interesting read and worthwhile reading to anyone who is involved in trying to make money in high yield promised income or who wants to get rich quick. What you see shown in the book is the era of the roaring 20s where people were money mad and people schemed to get rich. Into this enters Charles Ponzi. He was an immigrant with big dreams of becoming rich. Along the way, he gets in trouble with the law, and thrown in prison. He gets out and still schemes and dreams. He is a man of the people, charismatic and popular.
Along the way, he believes he finds his answer in some European postal coupons called International Relay Coupons. He decides to capitalize on exchanging them in America for cash and returning them for huge returns. But, due to his lack of money, he decides to borrow money from others, and promise them a return of 50% on their money after 45 days. He thought he had it locked up, but had some loose ends. Well, postal officials get ahold of this and shut the acquiring of these coupons. While it wasn't illegal, it was unconventional and questionable. Ponzi is stuck. Rather than return the principle, he tries to buy time and get other ways to make money to pay back the investors, using their own money to pay previous investors. Then he is tripped up, and the house of cards collapses and all "Rob Peter to pay Paul" scams get named after him, eventhough that isn't what he was planning from the beginning. In this, as the book points out, Ponzi was a get rich quicker, and not a scammer. He desired to get rich quick, and wasn't looking to intentionally rip off people.
As a person seeking to make money and gain financial freedom, there is several lessons you can learn from the book:
1. People can sincerely mean well, and sound sincere, but can have a business plan that won't work. It doesn't matter if the intention is pure, the market is its own reality.
2. People invested with Ponzi because he was paying. Just because a program is paying, doesn't mean it will keep paying forever.
3. Ponzi made himself a man of the people, and was very popular, and charismatic. Just because someone is charming and speaks on success, doesn't mean what he is offering is good.
4. Ponzi was a bit vague with the how to's on how he made money to investors. A common theme I notice in all high risk, get rich quick, HYIPs, autosurfs, or any other normal return programs is they are vague with how they do it, and you have no access to their financials as you would with normal investing.
5. Ponzi called in an audit to buy time. I have noticed that with all high risk programs there tends to be delays, hiccups and excuses give for things being delayed.
6. Ponzi promised 50% return after 45 days. This was considered unrealistic. What is interesting is today opportunities will promise returns even larger than this. A reason why such large returns are unrealistic is that markets tend to drive down the returns on investments and value them based around the risk level. In cases where information is incomplete, or someone possesses special knowledge, they can get returns larger than normal. However, expecting more than 50% return over more than 45 days is likely a red flag. As of now, I don't know anything that works that gets returns in this ballpark.
7. Get rich quick schemes go back as far as man has been around and had the idea of wealth.
8. There is a difference between people who want to get rich quick and peddle these schemes and scammers.
9. If someone shows airs of success and is paying, people will flock in droves to the person, amplifying the appearance of success.
10. People will launch opportunities before the problems are worked out, and hope to fix them later. And, despite these problems, people will buy into the opportunities. If you have seen prelaunches that go on FOREVER, you may recognize this. Individuals have had sudden brainfarts and out have come a new opportunity they are pushing.
There are other lessons one can get from the book, but these are off the top of my head. I recommend anyone interested in making money to get ahold of this book, particularly if you are playing in the area of HYIPs, autosurfs, or any other high risk program. At least you will learn what a real Ponzi scheme is, as opposed to just a rob Peter to pay Paul one.
I found the book a very interesting read and worthwhile reading to anyone who is involved in trying to make money in high yield promised income or who wants to get rich quick. What you see shown in the book is the era of the roaring 20s where people were money mad and people schemed to get rich. Into this enters Charles Ponzi. He was an immigrant with big dreams of becoming rich. Along the way, he gets in trouble with the law, and thrown in prison. He gets out and still schemes and dreams. He is a man of the people, charismatic and popular.
Along the way, he believes he finds his answer in some European postal coupons called International Relay Coupons. He decides to capitalize on exchanging them in America for cash and returning them for huge returns. But, due to his lack of money, he decides to borrow money from others, and promise them a return of 50% on their money after 45 days. He thought he had it locked up, but had some loose ends. Well, postal officials get ahold of this and shut the acquiring of these coupons. While it wasn't illegal, it was unconventional and questionable. Ponzi is stuck. Rather than return the principle, he tries to buy time and get other ways to make money to pay back the investors, using their own money to pay previous investors. Then he is tripped up, and the house of cards collapses and all "Rob Peter to pay Paul" scams get named after him, eventhough that isn't what he was planning from the beginning. In this, as the book points out, Ponzi was a get rich quicker, and not a scammer. He desired to get rich quick, and wasn't looking to intentionally rip off people.
As a person seeking to make money and gain financial freedom, there is several lessons you can learn from the book:
1. People can sincerely mean well, and sound sincere, but can have a business plan that won't work. It doesn't matter if the intention is pure, the market is its own reality.
2. People invested with Ponzi because he was paying. Just because a program is paying, doesn't mean it will keep paying forever.
3. Ponzi made himself a man of the people, and was very popular, and charismatic. Just because someone is charming and speaks on success, doesn't mean what he is offering is good.
4. Ponzi was a bit vague with the how to's on how he made money to investors. A common theme I notice in all high risk, get rich quick, HYIPs, autosurfs, or any other normal return programs is they are vague with how they do it, and you have no access to their financials as you would with normal investing.
5. Ponzi called in an audit to buy time. I have noticed that with all high risk programs there tends to be delays, hiccups and excuses give for things being delayed.
6. Ponzi promised 50% return after 45 days. This was considered unrealistic. What is interesting is today opportunities will promise returns even larger than this. A reason why such large returns are unrealistic is that markets tend to drive down the returns on investments and value them based around the risk level. In cases where information is incomplete, or someone possesses special knowledge, they can get returns larger than normal. However, expecting more than 50% return over more than 45 days is likely a red flag. As of now, I don't know anything that works that gets returns in this ballpark.
7. Get rich quick schemes go back as far as man has been around and had the idea of wealth.
8. There is a difference between people who want to get rich quick and peddle these schemes and scammers.
9. If someone shows airs of success and is paying, people will flock in droves to the person, amplifying the appearance of success.
10. People will launch opportunities before the problems are worked out, and hope to fix them later. And, despite these problems, people will buy into the opportunities. If you have seen prelaunches that go on FOREVER, you may recognize this. Individuals have had sudden brainfarts and out have come a new opportunity they are pushing.
There are other lessons one can get from the book, but these are off the top of my head. I recommend anyone interested in making money to get ahold of this book, particularly if you are playing in the area of HYIPs, autosurfs, or any other high risk program. At least you will learn what a real Ponzi scheme is, as opposed to just a rob Peter to pay Paul one.
Thursday, May 3, 2007
The 1Up and Up System has returned! Now reloaded with more cash.
This goes out to people looking for a network marketing opportunity that pays well and can get you profitable in a hurry. If you know typical MLMs, they will require you to get a BUNCH of people in before you break even. It is nice to get the residual income, but it can take a LONG time to do it. Anyhow read on if you are looking for an alternative.
If the idea of getting in profit with only 2 or 3 people, plus receiving bonus payouts of around $500. In additon, with only an handful of people, people can start to bring in multiple hundreds of dollars a month in residual income. If this interests you, check out The 1Up And Up System . This system is the only 1Up compensation system that pays residual income. In addition, the only opportunity using The 1Up & Up system, provides a way of making addition bonus payouts of around $500 each.
The 1Up And Up System is back and reloaded with more cash! Go here to learn more about how it works, leave contact info and learn more about the only business opportunity that uses it: http://get.1UpAndUp.com
If the idea of getting in profit with only 2 or 3 people, plus receiving bonus payouts of around $500. In additon, with only an handful of people, people can start to bring in multiple hundreds of dollars a month in residual income. If this interests you, check out The 1Up And Up System . This system is the only 1Up compensation system that pays residual income. In addition, the only opportunity using The 1Up & Up system, provides a way of making addition bonus payouts of around $500 each.
The 1Up And Up System is back and reloaded with more cash! Go here to learn more about how it works, leave contact info and learn more about the only business opportunity that uses it: http://get.1UpAndUp.com
Wednesday, May 2, 2007
Know where to tap.
There is an old joke that involved a factory owner and a mechanic who was brought in to fix a problem with a machine. The owner observed the mechanic tap the machine twice and it started up. He then hands the factory owner a bill for $500. Upset over how he felt he was ripped off, the factory owner demands the mechanic give him an itemized bill to justify the expense.
The mechanic hands him back a piece of paper:
Tapping the machine: $5 per tap (two taps)
Knowing where to tap: $490
The moral of the story? Get skills. One isn't paid in business for how hard they work (number of taps), but what they know (where to tap). A key to success in business is to reduce things to as few taps as you can.
The mechanic hands him back a piece of paper:
Tapping the machine: $5 per tap (two taps)
Knowing where to tap: $490
The moral of the story? Get skills. One isn't paid in business for how hard they work (number of taps), but what they know (where to tap). A key to success in business is to reduce things to as few taps as you can.
April 2007 the Surf for Cash industry died.
I am passing this belated obituary notice regarding the Surf for Cash (autosurf) industry. This industry sprung up a few years ago, had a high point with 12 Daily Pro, and people had continued to try to make it work. The industry had been noted for, besides outright fraud, failed investments, glitches, member fraud and cybertheft. The idea was to get people to look at web pages (surf) in exchange for paying them high interest on money they put in.
The basis of blog entry is the news that a major surf for cash company, running multiple programs, is leaving the industry completely. They were noted, paid well. However, this company ran into multiple problems and found the rates unsustainable. They are going into the hedge fund business, in addition to their other side companies they run. I currently have over $40,000 waiting to be received from them, and hope they make it and pay out.
Once I get funds out, I can mention the company itself and what they are doing now. Until them, I am not going to mention them. Anyhow, people who are involved with the surf for cash business (or had been) probably know which company I am referring to.
The reality is the rates surf for cash programs pay are NOT sustainable. They are higher than what Charles Ponzi promised, and just is not sustainable. That is the reality. Again, get skills, and don't expect that you can do some low skiled job pay you. Want to do something no skill and get a lot of money? Well you better have a bunch of money to invest and be lucky.
The basis of blog entry is the news that a major surf for cash company, running multiple programs, is leaving the industry completely. They were noted, paid well. However, this company ran into multiple problems and found the rates unsustainable. They are going into the hedge fund business, in addition to their other side companies they run. I currently have over $40,000 waiting to be received from them, and hope they make it and pay out.
Once I get funds out, I can mention the company itself and what they are doing now. Until them, I am not going to mention them. Anyhow, people who are involved with the surf for cash business (or had been) probably know which company I am referring to.
The reality is the rates surf for cash programs pay are NOT sustainable. They are higher than what Charles Ponzi promised, and just is not sustainable. That is the reality. Again, get skills, and don't expect that you can do some low skiled job pay you. Want to do something no skill and get a lot of money? Well you better have a bunch of money to invest and be lucky.
Tuesday, May 1, 2007
The web market revolution begins!
Maybe you caught word of Promo Black Box. It is a revolutionary set of tools and training to turn your web site into a money making machine. For more information, visit the website and check it out. Contact me if you have any questions you may have about it.
The site is at:
http://PBB.BLTeks.com
The site is at:
http://PBB.BLTeks.com
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