If you read the previous blogs then by now you must see that there is some substantial potential when considering an online opportunity, but how do you sort through the wheat from the chaff? Let's take a look.


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95% of all home-based businesses usually found in network marketing are structured in the form of either direct sales or multi level sales (MLM). While they have many similarities, the primary difference is the compensation model. I prefer the direct sales model, because it's MUCH easier to replace a full-time or six-figure income when compared with anything else out there. This was outlined in the Coffeehouse Letter I sent you yesterday.  If you missed it, here it is again ---> Coffee House Letter
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Is it really possible to build a residual income of $50K a MONTH in less than 12 months of starting your business?

The answer is YES, BUT!

1. MISSION: Others success first, ALWAYS! - If you are only in thisfor yourself, you will NEVER be successful long term.  You will simply leave a trail of destruction and your "sins will find you out!"

2. INDUSTRY: Network marketing hands down.

3. COMPENSATION PLAN: Direct Sales BUT, only if it has a residual income-based compensation plan. Stay away from 2 ups; you could build a huge team, BUT have ZERO residual income.

4. PRODUCTS: Make sure that they are uniquely in demand, and are being sold as legitimate stand-alone products; products that would sell themselves if on a shelf in a store, etc. Most network marketing and direct sales companies out there are built around the compensation plan and NOT a stand-alone product. If what you are marketing is NOT a stand-alone product, you will have a hard time building residual income and a stable business; as most people will not be able to duplicate what you are doing and your attrition will be huge. One way to tell if the products are viable is to see what percentage of the products are being sold retail. If people are only buying the products to be able to turn around and sell them to other recruits, BEWARE! This is so crucial. Besides, who doesn't want to be proud of what they're selling. There are enough legitimate companies marketing legitimate products out there. Find one that feels right for you!

5. MENTOR: Find a mentor. Someone you can trust; someone who has a system. Someone who has already achieved the results you are looking for. This has to be someone who is willing to listen to your needs, and
actually cares about your success. He/she must also have a financial interest in your success. Make sure they get paid EVERY TIME you do!

6. MARKETING: Find an Attraction Marketing system that does 90% of the work for you, sorting, selling, training, etc.  This system must not only attract the right type of person (entrepreneur vs. get rich quick person) but also be able to present the information in such a way that is clear, concise, to the point, and not full of hype, fluff, or crazy promises. Then figure out how to get 100-200 QUALITY targeted prospects into your marketing pipeline EACH week.

7. TRAINING: One on one and group training designed to dramatically shorten new consultants’ learning curves, and reduce the number of variables that come with "trial and error". Find a system designed to "share" the knowledge and experience with EVERY member through regular trainings.

8. SUPPORT: Unparalleled support is mandatory.  Look for a company with an accessible support structure already in place. Seek out the leaders behind your company and assess their strength and caliber.  ....

9. DUPLICATION, DUPLICATION, DUPLICATION: If you get ALL of the above right, you should have a nicely tuned marketing system. As long as you make YOUR MISSION TO HELP OTHERS, you will have no shortage of people joining your team. Remember there are MILLIONS of people looking for someone to trust. Be sure to take this responsibility seriously, and make sure your team is duplicating.

The question you should be asking yourself now is how do I get 100- 200 quality prospects to view my business website every week?


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30-year old self-made millionaire and also a good friend of mine goes over the 7 crucial things every entrepreneur should know before starting ANY online business.

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