MLM The Easy Way - JSt Update http://www.blogmoneymiracle.com en-us EasyRSS
by Keith Thompson)

So -- you've decided to take the leap into deep water and go into business for yourself, specifically into Internet Marketing. Congratulations!

This was a smart decision, one that will eventually reward you with all the dreams you can dream. Your challenge now is to survive that 1st year.

Hopefully, you're reading this early on in your endeavors, and can make the adjustments necessary to keep your enterprise afloat and your bank account bouyant. Here are several things the "gurus" neglected to mention along the way to building your own internet marketing empire!

1 - Who are you listening to?

There are a lot of people who've made a lot of money, and they're all too eager to tell you about it, frequently in the form of their latest product. It's very easy to find yourself tuning in too many voices, instead of riding one horse till it either gets you there or is spent.

Find a niche that interests you, find products that are either yours or through an affiliate program, and focus entirely on your plan, not allowing yourself to chase rabbits.

2 - What is certain!

The real money to be made in Internet marketing is produced in the following ways: owning your own site(s), your own products, your own opt-in mailing list, and your own vision! Think about it! Not one of the Internet millionaires to whom we look for advice has lacked any of these for very long.

You bought their products off their sites, joined their mailing lists, and, to one degree or another, shared their vision. If you haven't already, begin immediately to build your own empire. Build a site, start learning about traffic, linking, opt-in lists and all the other essentials necessary for long-term success.

Affiliate marketing will only take you so far. In fact, most of the top affiliates have several of their own products!

3 - The learning curve.

There is a certain amount of information you simply have to either learn (or pay for). Don't discount the fact that this will take a little time. One doesn't discover how to build and market a fully- optimized Web site in a month. Or three! This is; and because of the fluid nature of the web; always will be a work-in-progress.

Do what you can do every day and come back tomorrow for more. Don't be discouraged when the money takes a while to appear; if you do this right, when it does show up it will be worth the wait!

4 - A support system.

Get one. Don't plan on supporting yourself from your business right away. It took the best at the very least several months to start seeing any real money.

Don't despair if you turn out to be mortal, too. Give yourself a chance at this; the rewards are simply too great. I'll leave you with a quote that sustained me many a night: "I am not afraid of storms, for I am learning how to sail my ship." - Louisa May Alcott

(c)2004 by Keith Thompson

Keith Thompson is the Webmaster of Internet Marketing Here and Now!, featuring the latest and best tools for your internet marketing business. (http://www.internetmarketinghere.com) Email - keith@internetmarketinghere.com.

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by Rick Roberts

A Little Background:

I have been involved in Internet Marketing and Affiliate Marketing since 1994. I must admit, however, that I am a lazy marketer. Maybe a better word is "sporadic."

By this I mean that, from time to time, I will find a product or service that appeals to me and, for a few days or weeks, I will pursue marketing it. Usually, at first, there is some level of success associated with my efforts -- but not always. Believe me, I have squandered more money on Internet marketing E-books than I have ever made from them.

In my marketing endeavors, I always wanted to find a product or service that could be set on "auto-pilot," or self running, and make an extra few bucks a month. Let me tell you -- that's hard to find.

Mostly because the world of Internet marketing is ever-evolving -- and what sells today may be a non-selling item or service next month. To date, I have found only one that both works like this and stands the test of time sensitivity. You can read more about this from the link in my Bio/Resource box with this article posting.

Affiliate marketing is a waiting game

One thing I've learned through my experiences is that affiliate marketing is a big waiting game for any return on investment. Take, for instance, being an Amazon Associate. With Amazon, you earn an overall 4% - 10% commission off of any referral sale.

Not bad on the surface, but a big drawback is their sales reporting system. It's always a 24-hour lag getting stats from your promotions, which makes pay-per-click advertising a real gamble with Amazon. The biggest catch, though, is the wait-time for any commission earned. It takes 60 days from your first referral sale to get a check or direct deposit from them.

So, again, you really have to be careful with any paid promotions for referrals to Amazon. But, if you have the money or other resources to promote Amazon referral links and can wait 60 days on your return, you can make a fairly good chunk of extra income.

Last month -- March 2007 -- I made $202 in commissions after a $96 investment in PPC advertising.

Clickbank, on the other hand, is still an iffy proposition for affiliate commissions. The plus side of Clickbank is that you get a commsion check every two weeks on the prior two weeks' referrals. So, the inital wait on your first check is about 4 weeks. But there are two main drawbacks to Clickbank.

One is that almost every product you can promote is promoted to death on the Internet, which means you are fighting like cats and dogs over getting sales from your advertising. PPC advertsing is really a gamble with the products there because the good traffic keywords are so expensive to get decent position with.

Expect to pay $1 - $5 per click for good position with Clickbank PPC advertsing.

The real money-making promotions

Of all of the things I've tried to market on the Internet, the biggest money-maker is selling either your own products, such as physical items or E-books you've written, or reselling other E-books that you have master reseller rights to.

Having master reseller rights means that you collect all of the proceeds from the sales and you can advertise the product on your own Website with your own HTML pages.

Another easy money-maker and potential big money-maker is viral marketing.

I know it sounds like an evil thing but it's not. Viral marketing is the process of giving away something that links back to your actual sales pages or affiliate links.

The two most common viral marketing methods are:

* Giving away an E-book that has your links embedded within them to either your sales page or an affiliate link to another sales page. I've found people love free items and will snap them right up with little promotion at all.

* Submitting articles written by you to article directory sites that contain links to your own sales pages or affliliate links.

Summary

To summarize, I would have to list these points:

1. If you're new to Internet or Affiliate Marketing, expect to experience a fairly healthy learning curve in figuring out what to promote and how to efficiently promote the product or service.

2. Expect to invest a sometimes sizable amount of real money in PPC advertsing. In fact, if you're new, I wouldn't recommend this approach to promotion at all. Wait until you've figured out the ropes first before gambling with what money you do have.

3. Look for products you can sell that you have complete control over in both the commsions and sales approach, master reseller rights products.

4. Don't ignore viral marketing. It's the cheapest and most bang for your buck in promoting any product or service. Plus it's enduring. An E-book can float around the Internet for months or years, providing residual on-going income.

Conclusion:

In conclusion, I would like to encourage you to check out the link in my Bio/Resouce box for a product that does work on auto-pilot and, best of all, incorporates both master reseller rights and viral marketing into one easy-to-promote package. It won't make you rich, but it will provide you with a residual income for months or even years, possibly.

Rick Roberts is an Internet marketer that manages several Websites across the Internet. Get the greatest viral marketing idea of all time and it's free to download http://www.daelectronics.com/ultimate. You will be amazed at how simple and brilliant this idea is. Plus, it has a surprise twist on the last pages of the E-book.

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by David Cooper

Here's something every affiliate marketer should understand: All keywords aren't created equal. Some are worth a lot more than others.

I can hear you now: "No kidding. Everyone knows that!"

Fine. The idea that some keywords are more valuable than others may not be a great new revelation. What might surprise you is how you should be differentiating between the power keywords and the also-rans.

Before you click away from this article, realize that the difference between the best keywords and the dead-enders has nothing to do with search volume.

Surprised? I thought so. Most people think of keyword value in terms of search volume. If millions of people are going to Google to look for "widgets" every day, it would be nice to own the top slot for "widgets," right?

Of course. However, snagging traffic on the basis of "widgets" might not be that easy. Every affiliate marketer in the universe will be going after those high-competition terms. Additionally, a relatively scant percentage of "widget" searchers will be serious potential buyers. There may be a lot of people out there searching for "widget" or "widgets," but not all of them are in a shopping mood.

So, by the time you duke it out for that high-volume keyword and then deal with a relatively small conversion percentage, you're apt to discover that the difference between awesome keywords and duds has little to do with search volume.

Two people sit down to do a Google search. One types "widget." The other types "where to find a good red widget."

Which of those searchers would you prefer to send to a sales page? Obviously, the second searcher is much more likely to make a widget purchase than the first.

So, even though "where to find a good red widget" may not secure a million searches per day, it converts much more than the generic keyword. And a smart affiliate marketer can own a top slot in the SERPs for it rather easily.

Less work. Higher conversions. It makes sense.

Those lesser-used keywords are buying keywords. They're the ones that will get you big checks in the mail from affiliate programs. The high-volume terms are search keywords. They'll get more traffic, but won't produce sales like the buying keywords will.

There's a marketing theory that's been applied to search engine use and keyword selection known as "the long tail." The idea is that it's easier to own those smaller-volume terms and the net effect of targeting the right ones will swamp the income potential of going after the bigger search term.

If you can learn how to apply that theory to your affiliate marketing business, you'll be able to experience success that will escape all of those other affiliates who are still focused merely on search volume.

Don't worry about the search keywords. Go after the buying keywords!

Their mistakes are your GOLD MINE! David Cooper knows how to discover the blunders of others and then use them as a way to create a snowball effect that ends in an Affiliate Avalanche (http://www.affiliateavalanche.com/) of cash!

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by Daryl Campbell

In the movie Jerry Maguire, Cuba Gooding Jr. uttered the phrase that has now become part of our lexicon: "Show me the money."

Whether intentional or not, every person involved in affiliate Internet marketing is thinking the same thing. That's understandable. Unfortunately, many people spend their time looking for the good fairy of affiliate business -- that magic product or service (courtesy of central casting) that will explode their bank account instantly, without having to do much work.

This may explain why the majority of affiliates don't make any money. They don't treat their business like a business.

With the emergence of blogs, video and Web 2.0, marketers have more tools to reach their target audience. However, there are still some old school techniques you should be using in your production.

1. One Site/One Product

Ever visit an affiliate Web site that's offering a ton of different products? For most people, too many choices lead to confusion. It also increases the chance your potential customers will simply click to another site.

The point of one affiliate Web site per product is to limit the choice of your visitors to either buying, leaving their contact information or clicking away from your affiliate site.

Place a review on your Website, along with testimonials from people (get their photos, if possible) who have used the product or service.

You can find previous reviews of the product you're affiliate advertising by searching E-zines and article directories -- but it's best to write your own.

The keys are to:

a. Write a good headline
b. Showcase the benefits
c. Fill each paragraph with just enough information to get your visitors to keep reading
d. A call to action

Make sure it does not come across as a blatant sales pitch. Walk your visitors through understanding the product and how it affects them directly.

2. The Free

According to Overture. 357,000 people per month search the Internet using only one keyword: free. You can get some of that action. Offering a free report is a terrific affiliate marketing tool. Place it at the top of your Website, so visitors can't help but see it.

You can also offer it to your opt-in E-mail list and invite them to pass the report along to others. Make sure your name and Website are branded on the report.

3. Targeted Traffic

There are any number of ways to drive visitors to your affiliate Web site. The question is, once they get there, will they be interested in your offer?

I mentioned before you should write your own product reviews. You should also write articles. Not only will it get you noticed, but you can also find specific article directories, blogs, E-zines and forums where your target audience is most likely hanging out.

Try to write at least 1 article per week -- 400 to 600 words in length. This is a great way to bring targeted traffic to your affiliate Web site immediately and for many years to come. Article marketing combines useful information, free advertising (without looking like advertising) and marketing viral into one powerful package.

Using these tips can help you get through the maze of affiliate Internet marketing and create multiple streams of steady income. Focus on building an affiliate business first, so that when you tell merchants to show you the money, they will!

Daryl Campbell is your Internet Marketing guide for more free tips, tools, coaching, resources, video and up-to-the-minute information to help grow your business. Find out more by clicking now. Affiliate Marketing -- http://winthemarket.com/internet-marketing-guide/affiliate-marketing-and-the-ninety-five-percent/

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by Michael Laleye

Traffic on the freeway is bad. Traffic on the Internet is good. With over 60 million Web sites on the Net, you need a solid strategy for steering customers to your home business Web site.

Search Engines

Search engines are the yellow pages for a home business Web site. Over 80% of Internet surfers use search engines to find information on the Web. To get the most traffic to your site, list with the big search engine players Yahoo, Google, and MSN. Smaller search engines also get results from the big three, so you'll be covered in case customers visit less popular engines.

Looking Good

Your home business Web site can be simple or complex, but it must be functional and attractive. Make sure your site does what it's supposed to do - provide customers with concise, useful information about your product or service. Be wary of making things too complicated. The site should be easy to navigate or customers will look elsewhere.

Your home business Web site should also look professional, not cheap. If you aren't design savvy, spend money on a good Web designer. The investment will pay off by attracting more people to your Web page.

Online Ads

The Internet has many sites where you can list your home business Web site for free. To guarantee the greatest exposure, place your ad on several (20 or more) sites and repeat the process every month.

Banner advertisements can be as effective as TV spots in increasing customer awareness of your business. A banner ad should be direct, i.e. promote a benefit, rather than just the name of the product or service. Try participating in a banner exchange program such as LinkExchange, that connects your home business Web site to other company sites that have similar customer bases.

Affiliate programs offer an excellent opportunity to promote your home business Web site. Affiliate businesses post links to your Web page on their sites. You pay them a commission or a set fee, based on the amount of traffic sent to your Web site. Pay arrangements vary and can be based on the number of people who visit your site or the number of customers who purchase your product.

Bloggin' It

Bloggers are the hot new information medium. Getting them to write about your home business Web site is an excellent way to gain exposure to potential customers.

Technorati Blog Directory provides a listing of blogs by industry. Do your research here to determine which blogs might be interested in writing about your business. Send a short, personal E-mail to a few blog writers describing your Web site and asking the blogger to write about it. Offer the writer something in return. For example: free product or a link back to his blog on your Web site.

Offline Ads

Cruising Down the Highway

Your car is a moving billboard for a home business Web site. Window decals and bumper stickers are inexpensive ways to get the word out about your Web site. Spend a few extra dollars for a personalized license plate with your Web address.

Old Media Standby

Regardless of what the bloggers say, people still read the printed page. Run ads in the classifieds of large and small papers, trade magazines, and free weeklies. Your choice of print media will depend on the product or service offered and whether you do business locally or nationwide.

Make money online - Complete money making site set-up FREE! Go To: http://www.myaffiliatestarter.com/pips.html Read more great articles like this at: http://www.myaffiliatestarter.blogspot.com Get started today!

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by Jason Tarasi

When writing copy for your Website, always keep in mind the famous saying, "it's not what you say, it's how you say it." This very concept is how you turn casual visitors into customers.

Your Website content should convince visitors that your service or product is either unique or superior to that of your competitors in terms of quality -- or that it is competitively priced. Show how your product or service will solve their problems, answer a dream, enrich their lives, and/or improve their businesses. You are the dependable expert that they want and need!

Your Website copy plays a major role in establishing and growing your customer base. Web site copy creates the "voice" of your company or product. The look and feel of a site puts a "face" on the company, and on otherwise intangible products and services.

On an e-commerce site, the copy plays a key role in closing sales as well as in up-selling and cross-selling products and services. Good copy delights first-time visitors, encourages return visits and propels both customer acquisition and loyalty.

People read a Web page differently than they do a brochure or a newspaper. They scan, scroll, click, hit the "back" button, and hit the "forward" button. "Reading" is all about moving around and being in control.

You have one chance to make a first impression - to quickly convey the benefit of staying on your Web site. I can't overstate the importance of first impressions, which, in Web-time, are measured in milliseconds. The layout, functionality, message and overall look and feel of your Web page determine who stays - and who clicks away.

Remember - a confused visitor, is a lost customer.

Most people have a short attention span. You must grab their attention right away, and then hold it like a vise. Your story should be clear and to the point. Say what you have to in the least amount of words possible and never confuse your visitors.

The goal of any Web page should be to get the visitor to DO something: to move on to the next step in a purchase sequence or to click for more information about a product or service. Without readable, compelling copy and clearly organized hypertext links, visitors are much less likely to complete a transaction - and return to your site again.

Writing for your Web page should always start from your visitor's perspective. What is your Web site visitor looking for? Why is he/she there? How can you make his/her visit as quick and efficient and positive as possible? You should take the time to clarify the goal of each page before starting to write. If the page is part of a transaction sequence, identify what may be hindering the buying process. Be sure instructions are clear and easy to read.

You must create a Unique Selling Proposition (USP) in combination with a strong, unique feature of your business. It should answer that most difficult question:

Why should potential customers buy from you?

Tell your customers what you are selling and explain what your service or product provides. What is the key benefit(s) to your customers? What pain does it cure, what solution does it provide? Compare your service with that of your competitors and highlight what makes you stand out from the competition? Keep working on this until you can clearly separate yourself from the field. As stated earlier, there must be a convincing reason for doing business with you, instead of your competitor.

Summarize the above into one tight, powerful, motivating phrase that will persuade your customer to do business with you and to trade their money for the benefits delivered by your service.

If you're going to promote your service and expand your customer base using your Website, potential clients have to be able to trust you. Their confidence in you and your products has to be boosted. Endorsements on your Website from a valued friend or colleague, or a referral from a strategic partner are the types of "leads" that boost your credibility. You and your service must be perceived as being trust-worthy before your visitor will be confident enough to contact you or even buy your product.

Show prospects that you have their best interests at heart and that you can adapt or customize your service to meet their individual needs. Foster an ongoing relationship that steadily increases their trust levels and cements a view that you are an "authority" in your field.

Finally, be wary of broadening the theme of your site too much. Try not to dilute your product or service's targeted niche simply to expand your base of merchant partners. Remember; focus on selling your product or service. That's where the "meat and potatoes" of your business will come from.

Looking for quality resale rights products? Michael Rasmussen and Jason Tarasi own and operate one of the Net's premiere resell rights memberships. To grab your free resell rights package, click this link now - Free Resell Rights (http://www.resellrightsblowout.com/).

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By Clarence Binayu

More and more people are lured into affiliate marketing. You might be one of them. Affiliate marketing is one of the most effective means of generating a full-time income through the Internet. It’s a fair deal between the merchandiser and his affiliates, as both benefit from each sale materialized. Like in other kinds of business, a great deal of the profits in affiliate marketing depends on the affiliate’s advertising, promoting and selling strategies. Everyday, as the affiliate marketing industry expands, competition heightens, also, so an affiliate marketer must be creative enough to employ unique and effective ways to convince potential buyers to purchase or avail themselves of the products and services offered.

Compared to traditional advertising practices, affiliate programs are more effective, risk-free, and cost-efficient. Why do many people still fail in affiliate marketing? There are many reasons and many areas in the program to look into. The most critical aspect in the affiliate program is advertising. Many affiliate marketers’ fail in this aspect because they lack hard work, which is the most important thing in affiliate marketing and in all other kinds of business. Although it pays to be lucky, you cannot merely rely on it. Affiliate marketing isn’t as simple as directing customers to the business site. If you want to earn big, you have to invest time and hard work in promoting the products. As earlier mentioned, the competition is very intense. Customers nowadays are very wise. After all, who doesn’t want to get the best purchase—that is, to pay less and get more in terms of quantity and quality?

Another reason why one fails in affiliate marketing is the lack of preparation, whether he is a merchandiser or an affiliate. Part of the preparation is researching. The merchant has to be highly selective in choosing the right affiliate websites for his affiliate program. To make the best choices, he must have exhausted his resources in looking for highly interested affiliates whose sites are a sure fit to his products and services. The affiliate sites must match his targeted customers. Also, the affiliate marketer must research on the good-paying merchandisers before he signs up for an affiliate program. He must ensure that the merchants’ products and services match his interests so he can give his full attention and dedication to the program. He can get valuable information by joining affiliate forums, comparing different affiliate programs, and reading articles on affiliate marketing where he can get tips from experienced affiliate marketers on how to choose the best merchants and products with high conversion rate.

The website is a very important tool in the whole affiliate program. As an affiliate marketer, you should plan how your site is going to look, from domain name, to the design, the layout, the content, and ads. Some users are particular about what they see at first glance. If they find your site ugly, they won’t read through the content even if your site has many things to say and offer. In contrast, there are those who want information more than anything else. Affiliate marketers with “rich-content” web sites are usually the ones who prosper in this business because the content improves traffic to the site. Websites with high quality contents—with relevant keywords and more importantly, right information about the product and not empty hyped-up advertisements—allow you to earn big in affiliate marketing even when you’re asleep. If you aren’t able to sustain the interest of your site visitor, you won’t be able to lead him to the merchants’ site. No click-through means no sale and thus, no income on your part.

Selecting a top-level domain name is also crucial to the success of the affiliate program. A lot of affiliate sites don’t appear in the search engine results because affiliate managers deem them as personal sites. Major search engines and directories would think of your site as transient ones and thus, they won’t list it in the directory. Before you decide on the domain name, know first what you are going to promote. Many fail because their sites are not appropriately named. When they feature the exact products the customer is looking for, the customer might think the site is not relevant and will not enter the site.

An affiliate marketer must be willing to learn more. Certainly, there are many things to learn and so an affiliate marketer must continue to educate himself so he can improve his marketing strategies. Many fail because they don’t grow in the business. They are merely concerned about earning money quickly. If you want long-term and highly satisfactory results, take time to learn the ins and outs of the business. Continue to improve your knowledge especially with the basics in affiliate marketing ranging from advertising to programming, web page development, and search engine optimization techniques. Study the needs and wants of your site users and how different merchandisers compete with each other.

Keep on trying!

Clarence B. is the founder and Webmaster for http://www.virtual-guides.com. Here you can find FREE information on many subjects including business, automobile, travel, vacation, affiliate marketing, advertising, internet, sports, entertainment, technology, communication, fashion, home improvement, culture, education, society, science, politics, fitness and health. http://www.virtual-guides.com provides you with helpful guidance, tips and news update, from basic to the latest skills, knowledge and information, about these subjects.
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By Colleen Kettenhofen

"Success seems to be connected with action. Successful people keep moving. They make mistakes, but they don't quit." Conrad Hilton

1. Get rid of clutter. Too much "stuff" in your office and inside your home clutters your mind, creates confusion and exacerbates stress. Start by cleaning one area at a time. What items do you have that need to be donated, sold, or put back where they belong? As you're cleaning and putting things away, repeat to yourself, "Everything has a place." I often heard my dad repeat this phrase while we cleaned house. It still rings in my ears every time I clean.

What clothes do you own that you haven't worn in a year? Are you hoping to fit into them again? Donate these items to a local charity. What piles of paperwork are lying around that need to be filed? Studies show that 85% of everything that gets filed away never gets looked at again. Consider starting an archives file. You'll feel more energized, less stressed, and more self-confident when you eliminate clutter.

2. What's going on outside you is a result of what's going on inside you. What self-limiting beliefs do you have about your skills, aptitudes and abilities? Be honest with yourself. Write them down! You don't have to share them with anybody. The average person has 50,000 to 60,000 thoughts a day. When we talk to ourselves about ourselves, much of that self-talk is negative. As the saying goes, "How many times in a day do we ‘should of ' all over ourselves with everything that we should be doing?!" Get rid of the "should of' ." Become more aware of your thoughts, change them into positives, and you'll start achieving more success.

3. Enroll in a sunrise semester. First thing in the morning spend 30 to 60 minutes a day reading motivational, inspirational, or other pertinent information related to your chosen field. Your subconscious mind is most amenable to suggestion the FIRST hour upon arising, and that LAST hour before bedtime. As John Wooden once said, "If I am through learning I am through." Stay current and constantly upgrade your skills.

Learn more to earn more and to improve performance. Much of this is material we already know. Yet, often we need to hear it again because we don't "do" with what we know. Invest at least 3% of your income in personal and professional books, CD's, e-books, and teleseminars. When pressed for time, listen to CD's in your car on the way to work, picking up the kids, or driving to and from the supermarket. Attend seminars and conferences no matter what the distance. It is worth the investment in keeping you motivated.

4. Become more self-disciplined. The difference between successful people and unsuccessful people is that successful people make themselves do things unsuccessful people don't want to do. It's that simple. Once you start an important task, discipline yourself to keep going. Focus on it single-mindedly until it's complete.

Be more aware of your every day habits and what distracts you. Make a list of the activities you engage in that are a waste of time. Resolve to eliminate them altogether or delegate them to someone else. Start by determining which activities only you can do. These are the ones you must do. Outsource everything else. The ability to determine where you should spend the majority of your time and then complete those tasks can have more impact on achieving your goals than anything else.

5. To improve performance and productivity work faster. Compete with yourself. Make it a game. Resolve to work more effectively and efficiently throughout your workday. Try arriving to work earlier and leaving a little later. Many business people in my speaking engagements tell me they get more work accomplished when they arrive to work at the crack of dawn. No one else is in the office and there aren't distractions. Try this at lunch as well. Everyone leaves from noon to one in the afternoon. Cut back on frivolous time wasters such as talking with co-workers around the water cooler and other idle chitchat. This will free up your time for the things you really enjoy, like spending time with your true friends, family and loved ones.

6. Review your values and priorities. Make sure your goals are consistent with what's important to you. Otherwise, no matter how much you think you want something, you won't work hard to achieve it if it's not in line with your core values. Write down each individual goal you think you want. Is it consistent with giving you greater peace of mind and happiness?

For example, values that are important to me in terms of work are helping others, freedom, creativity and flexible hours. A corporate job where I'd sit in an office all day would make me unhappy no matter how much it paid. So start by clarifying your values.

Success means many things to different people. In powering up your performance for greater success, first determine what you really want…and why. For example, do you really want a new car out of necessity, or is it to compete with the neighbors next door? No matter how much effort you put into achieving your goals, if they don't fit in with what's really important to you, you'll find ways to procrastinate or sabotage yourself. It's easier to be self-disciplined when you're passionate about something and it fits in with your core values.

"The biggest mistake people make in life is not trying to make a living at doing what they most enjoy." Malcolm S. Forbes

Colleen Kettenhofen is a motivational speaker, workplace expert, & co-author of "The Masters of Success," as featured on the Today Show, along with Ken Blanchard and Jack Canfield. For free articles, e-newsletter, or to order the book visit http://www.ColleenSpeaks.com Topics: leadership, management, difficult people, public speaking. Colleen is available for keynotes, breakout sessions, seminars. (971)212-2412.
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By Tim Sales

I've made millions in network marketing, I've made millions through investments, and I've also lost a lot of money too. Profit from my mistakes and learn how to best invest the money you make in your MLM business.

Network Marketing professionals often ask me how to manage the profits earned from their MLM income.

Can you make more money by diversifying into investments such as stocks, bonds, real estate, etc., and have your money working for you in other areas besides an MLM business? Or would you make more money by really focusing and investing your money back into your MLM business?

There are three items to think about when answering this question for yourself.

A. What else would you do with your time?

B. What else would you do with your money?

C. What else would you do with your attention (definition: the ability or power to concentrate mentally)?

Every investment (stocks, bonds, real estate, your sister's business) requires that you learn about it. Just the learning costs time and attention. It is the using up of your attention that rarely gets factored into the "diversify your money" advice.

Probably what's most important here is, the greatest amount of money you will ever lose is that amount you will never make because of misuse of A, B, and C from above.

When listening to a radio talk show 10 years ago, the advice given to me was, "Select the top three stock market sectors based on trends. Put one-third of your investment capital in each. Wait 10 years and you should be wealthy off your passive investments." I was making about 50 thousand dollars a month above my expenses - so I thought, "Why not?"

I chose the following sectors: Health Care, Technology, and Telecommunications. After losing about half of my investment, I changed to three different sectors. I look at my portfolio today and I have lost another $11,848.78.

Don't get me wrong; there have been times I've made over $50,000 dollars in the stock market in a day. Fun! And there have been times I've lost $150,000 dollars in a day. Not fun.

In addition to that, I've spent an enormous amount of time on my "passive" investments. Many hours (per week) have gone into "pondering" (wasting item C from above) what the stock market is going to do next. Reading newsletters, magazines, newspapers, watching the stock market news and commentaries on TV. Still, my return has been negative.

The only thing that has remained very stable and predictable is my network marketing income. Had I taken the same amount of money, roughly $500,000 and invested it into promoting my MLM home-based business would I have had a greater return? Yes.

So what about the "Rich Dad Poor Dad" philosophy of "Buy assets that produce more income?" Or more commonly stated, "Create multiple streams of income?"

As you may know, I created a prospecting tool based on that philosophy where I explain to prospects how wealth is created by investing in assets. (www.mlmbrilliance.com) So I'm very close to this subject.

However, if you listen closely to the way I stated it in the online movie, I say, "So what are assets? Well the most obvious ones are: stocks, bonds, real estate..." Then I say, "...education and businesses." I'm referring to educating yourself about businesses; whether that is your MLM home-based business or your pinball machine business.

Two common mistakes in making decisions on A, B, and C from above are:

1. Making decisions based on now vs. decisions based on future. Of course, you need to pay your bills now. They're screaming at you! Keep in mind what I talk about in Brilliant Compensation - it's not faster, (in the long run), to tie your young son's shoes than teaching him how to do it himself. If you tie his shoes for him, you silence the screaming urgency, but you're still stuck with the job, UNTIL, you teach him to tie his own shoes. When you make financial decisions, make sure you're looking at the long-term. Residual income that can be generated from an MLM business is sweet.

2. Making decisions based on "could you" instead of what "will you" do with your time, money, or attention. Example: A guy determines that it's a poor use of his time and attention to mow his own yard, so he hires the boy down the street to cut his grass. Now, what does he do with that extra time (A), and the extra attention (B)? He watches TV. Bad choice. When he was making the decision to hire the lawn boy he thought, "It's a waste of my time to mow the grass when I could be doing more important things like building my MLM business." Make sure when you free up any of the three resources you use them wisely.

Summary: My personal opinion is; invest your time, money and attention into KNOWING your MLM home-based business and become really good and profitable at it. Find and study MLM training that is proven and effective, and master it.

Continually reinvest your profit back into your network marketing business by promoting it more, that’s where the high return is. When you have a surplus of income, buy a secure investment like Treasury Bills http://www.publicdebt.treas.gov/of/ofbasics.htm, until you're ready to learn another business FULLY. By business, I'm including all investment activities as well. Then focus your time, money, and attention (from the surplus only) on knowing THAT business.

From my experience, diversifying my money has done nothing more than dissipated my focus, which has in turn lost a lot of money, time, and attention.

Tim Sales helps network marketers gain the confidence and skills to be an MLM success. Discover what you must know to become a true network marketing professional. Sign up for his free MLM training newsletter and listen to free training at http://www.brilliantexchange.com.
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