|
Why 95% of online businesses never make a dime!
Hello there
Let me ask you a question.
Why did you start an online business, or why do you want to
start an online business?
Without knowing you personally, I suspect your answer is, to
make some extra money?
For many, it is to make enough money to replace their current
job and work full time from home.
For a few, it is to get filthy stinking rich!
So, when you started out, did you make a cash flow forecast?
Hmmm....probably not?
If not, what would you say if someone was to offer you a better
job? Chances are, you would ask HOW MUCH DOES IT PAY?
Did you do that when you decided to join some of the programs
you are in now?
The simple truth is, most will never make a dime online. There
are many reasons for this of course, but, ultimately, it boils
down to one major factor.
Nearly 95% of the people working an online business are PART
TIME! These part time people move from one program to another.
You probably either know that from experience, or, you do it
yourself.
So why do these part timers go from one program to the next in
the hope the next one will be "The One"?
The real answer is simple. These part time people are not making
a profit, because if they were, do you honestly think they would
leave and move onto something else and leave behind that extra
income?
If you were making say, $500 a month from a program, would you
leave to start again somewhere else?
Another major factor is that most programs do not realistically
offer a good chance for these part time people to make a $500 a
month profit. Many require you to have up to 100 people or more
in your downline. Again, this for most will never happen. So,
they |
|
move onto the next program, never really understanding why.
But what if there was a program that rewarded these part time
people? What if it only needed 20 people in your team to make a
$500 a month profit?
Imagine if your downline was full of part time people making
such a profit each month? do you think they would then leave?
Referring back to the statement above, if someone came to you
and offered you a new job, your first question would be, how
much does it pay? Your second question would be, what is it you
want me to do?
So let us look at your current program. If you want to make an
extra $500 PROFIT each month, do you know what you have to do in
order to earn that? Do you know how many people you must
recruit, and how many your people must find?
If you know the answer to this then fine, if not, look at your
pay plan and sit down and work it out.
If your program costs more than $250 to join and the monthly
costs are more than $250, then your chances of recruiting others
online will diminish.
If your program costs $20 to join and $20 a month, then your
chances of making $500 will require a downline of around 250 to
500 people, or more. Are you capable of achieving that working
part time?
What if your monthly costs were around $150, which is not that
much really? What if you only needed FOUR people? What if they
only needed FOUR people also? Realistically, do you think that
is a possibility?
Even part time people should be able to find FOUR, if not, then
they should seriously think about what is they are trying to do
online, apart from losing money.
Even if it took you three to six months to get 20 people in your
team, you would then be making a $500 a month PROFIT. Can you
see yourself making that much with
your current program when all
you have done is find FOUR people?
Take my advice. Stop falling for all the hyped up JUNK out
there. Either you are in business to make money or not. If you
treat your business as a hobby, then it will only pay you a
hobbies income, more than likely lose you money.
Did you start your online business to make money? If so, then do
your sums. Find out what you have to do in order to make the
sort of monthly income you desire.
If any program requires you to recruit more than FOUR people in
order to earn a good part time income, then do not join it. Find
one that does, because it is the part time people in your
business that will make or break you.
Regardless of how successful you become personally, your income
will always be determined by the part time people in your
downline. If they know what they have to do in order to make a
profit, then they will stay. If they have to find more than
FOUR, they will leave after one, two or three months maximum.
Remember this:
You would not start a new job if you did not know how much you
would be earning or what you had to do. So why on earth should
you start an online business without knowing what you had to do
in order to make a decent profit.
Sincerely
Gary J Kidd
About the author:
Gary J Kidd has been online for over six years. He works full
time from home on his business. He has downlines in some
programs of over 15,000 people. He has introduced two major
systems to help his part time people make a profit from home and
stay in business. He shows people exactly how to make a $500 a
month profit with only 20 people in their downline, using a
simple system. http://www.gjkgroup.com/recommends/new
Fropper.com - Indian Dating, Friendship, Romance
Get Linked from 42,000+ sites with one click.
|
