 Posted: Fri 11:11, 25 Mar 2011 Post subject: Struggling to Make Money As an Entrepreneur |
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| Ok so you are an entrepreneur and you are struggling to make money and you want answers? Maybe you are new and are not sure what to do next, maybe you are in a MLM or network marketing company and are looking for solutions, maybe you have decided to switch your business online and have no clue where to start with so much going on and confusing you or for some other reason you are struggling as an entrepreneur?
Want the answers?, well read on but first let me expalin why I know i can help you. I have been in Network Marketing and MLM for over seven years now and in that time had my fair share of failures, challenges and success. I have had my bank running in the red (and alot worse) sponsors asking me for my next order when I have no funds and the stress of the financial burdens can get you down and you just feel like giving up. So to start with focus on getting some small commsions/sales to start putting money back in and also give you some confidence in what you are doing, these small amounts will start to pay towards your general business running costs. You can do this with funded proposals, affiliate sales which you can read a little about here later on and reseach more after. So the first thing you need to understand is you need to educate yourself which can be done when you know what to focus on by having something or someone to teach you. You also need to understand that even though many people start something and make huge amounts of money fast that most do not and you need to have realistic expectations as well as your big goals, to realize that switching from company to company or system to system is not the best practice as being patient and consistent with educating yourself and taking action is a vital part of success. You will get overwhelmed which is good as generally this means you are learning something, STICK with it be persistent, working on your mindset daily is another key thing. Right so you now have some basics under your belt and maybe already knew some of them but you are after some key points in what to do to creat cash flow. This is when your education starts to ebcome free as the profits you make on smaller sales can be put into your education and fees of websites 1~ Attraction marketing, now you may or may not of heard of this but please bear with me, YOU may think you know it, or it does not matter well if that is the case why are you not successful and why do so many successful entrepreneurs talk about it? Read Magnetic Sponsoring is the 1st step for this as it makes complete sense, it is short and to the point and very helpful and you can get it for about $40, I got the hard copy too which I recommend as you can read in more comfort and highlight sections and refer to it when you want to. 2~ Funded proposals which are selling something like an inexpensive information product to your target market. let's say "business owners" are your target market for coaching. You could advertise a "FREE 7 Day Video training Course" which will sell an inexpensive product in the process. If the item has VALUE, which this book does, then you can often up-sell other products such as Carbon Copy Pro or Black Belt Recruiting as they hold more useful education to business owners. This is making you commissions to pay for your advertising on the front-end and more money on the back-end, whether they join your primary business or not. Two key points here are: You are building rapport and offering VALUABLE information, not asking leads to join your primary business which might require a lot of money upfront You are making money even if the lead is not interested in your primary business 3~ Free Advertising, following on from funded proposals as we mentioned advertise a "FREE 7-Day Video Training course" so where to advertise. You can look around and place ads in as many free places as possible but some of the best ways is to use social media, (Facebook, Twitter,burberry, YouTube, MySpace, Better Networker, and many more) you may of heard of these websites and they are great tools for marketing if used correctly most "FREE Advertising" will require some new skills and patience but it is worth it. |
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