The 9 Critical Steps To Success In Demolishing Your Money Worries For Good!
Articles on 'How to make money' come a dime-a-dozen. How about a fresh, new perspective? Here's a rather unique, untapped, revolutionary article about the 9 Simple (Yet Powerful) Steps You can use right now to Demolish Your Money Worries for Good,...for Life,...Forever!
1. Evaluate Your Options
What are Your 'Income Today' Options and Selection Criteria?
Use the following 5 key evaluation points to determine the ideal 'Income Today' source for You and Your situation:
1.) Is it Worth Your Time? If you're trading time for money, you want the highest possible for your effort. 2.) Compatible with Your Skill Levels right now? Does it have a short learning curve, or can you really earn-and-learn at the same time? 3.) Provides Instant & Immediate Cashflows? It's not a true 'Income Today' source if it takes longer than a week or two to get cash in hand. 4.) Will it Last Long Enough? This cashflow must carry you through to the second phase of stability, as you build your 'Income for Tomorrow'. 5.) Abundant Supply of easily-targeted Prospects? You must have a continuous supply of easily-identifiable people that want the Value of your source.
2. Select & Quickly Build an Additional 'Income Today' Source
Now that you've learned how to evaluate the various "Income Today" options that are available to you, the next step is to simply Choose One and Get Started! This is where you'll build a second income stream.
Here are some powerful, viable ideas to get You started right now:
1.) Home Parties for various products/services (i.e. basket parties, gourmet food, candle parties, lingerie parties, scrap-booking, jewelery, etc), all for instant cashflow with people that are not only attending for fun, but also knowing full well that they'll be making a purchase! 2.) Get a Second Job (self-sxplanatory). 3.) Flea markets & yard sales to generate immediate cashflow from knick-knacks, and strange or odd things (it doesn't have to be sexy or fancy to generate a great income source!) 4.) Use Ebay like an automated version of the yard sale, completely online. 5.) License a product for immediate profit which already has a proven marketing sysem for a highly in-demand product, with a built-in proven track record. 6.) Become an authorized Dealer/Distributor of highly-valued online information products, such as this "Income For Life" Ebook, which also comes with a built-in proven marketing method, ready-to-use for immediate cash in hand.
3. Learn Net-Profits-On-Demand (NPOD) Knowledge
N.P.O.D. principles are based on "Emotional Direct Response Marketing". In its most basic form, emotional direct response marketing is making a specific Offer to a qualified group of prospects and then Measuring how many of that group of prospects take Action and respond to that offer. The "Action" could be to request more information (lead generation) or to make a purchase/sale (profit).
4. Apply Your Net-Profits-On-Demand (NPOD) Knowledge
This step is simply about applying and putting into action, your new-found N.P.O.D. knowledge from the last step. You can either apply this new knowledge to a brand new business model, or you can apply it to a business that you already have up and running to make it run better, make you more money, grow it more rapidly, and create bigger and bigger 'Income Tomorrow' reserves.
5. Leverage Your Net-Profits-On-Demand (NPOD) Knowledge
This is the fastest way you'll ever find to creating a huge spike in your cashlow should you ever need it. Word of Caution: Some are tempted to stop once they've reached this level ... if You're smart, you won't.
Most businesses are doing the same stodgy thing. They spend all their time & money efforts on attracting only the "new" customer and doing business with them one time. The real money, however, is made on the "additional purchases" that the new customer will buy in the future from that business (also known as the LTCV, which we'll talk about in the next step). This is quickly, yet carefully crafted through the mutual Trust and Respect developed in the relationship between the new customer and the business.
6. Maximize the LTCV (LifeTime Customer Value)
What is the LTCV? The
Lifetime Value of the Customer can best be explained in the following premise. Once a new customer has made that initial purchase from a business by means of mutual trust & respect, the likelihood of that same customer going back to that business to make more & future purchases is very high, especially when the product/service is of great value, and the customer is beyond satisfied.
There are 3 main categories that will Maximize Your LTCV to its fullest possible potential: 1.) Getting more sales of additional products/services to your already Existing customers. 2.) Increase the size of an average purchase (ex. if the avg. customer spends about $100 every 3 months with you, how do you increase those numbers so now they spend an avg. of $125 or $150 every 3 months instead?) 3.) Systems & methods to attract more first-time, new customers and prospects to You.
7. Automate Your Net-Profits-On-Demand (NPOD)
This is the Most Critical of all 9 Steps. This step either makes or breaks your business!
The Secret to turning your business into a true asset is to set it up so it does the work Without You by Systemizing (automating) it in every way possible. Look at your entire business, front-to-back, and look for every single place in it that is dependent on you, and figure out how to automate that function to remove yourself from the process. By doing this, you are now escaping the trading of your time for money, in a highly powerful and leveraged way, and can now focus all of your efforts on building your 'Income For Life' through Diversification.
8. Diversify It!
This is the Secret of the Wealthy: when your money/assets (not your time or knowledge) makes you more money...The Power of Diversification.
The point of this step is to take some of the income you're making from your first business asset (i.e. your NPOD business model), and turn it into additional assets working for you to generate even more additional income.
You'll discover that a whole new world opens up to you when you've got money to work with. Be sure to invest a good portion into diversifying your holdings to other assets you can leverage for increased wealth creation.
Here are some excellent highly-recommended ideas: investing in real estate, getting into the stock market, investing in mortgages, mutual funds, joint-venture direct marketing projects and splitting the profits, etc., or how about creating another successful NPOD business model???
9. Protect It!
The 9th and final step is to simply employ some asset protection strategies (i.e. corporate entity structuring, such as LLC's, S-Corps, C-Corps, etc.) so you can sleep soundly at night, every night.
This is a critical piece of your puzzle that you'll want to factor into the process here, but when you get to this stage of the game, be sure to seek professional counsel to guide you, educate you, and advise you on the correct & legal ways to carry this part out.
In a nutshell, what you're really doing here, is making sure that all of the hard work that you've done up till now, is completely protected from unfit lawsuits, claims, etc. against you.
On a parting note, no matter what you do, don't stop your forward momentum...because you now have the basic knowledge and 9 critical steps of what truly guarantees your Income For Life (IFL) with Net Profits On Demand (NPOD)! Put these 9 Steps into action either by yourself, or with some FREE help (see website resource below!). But do it Today! Life's much too short to miss out on!
Copyright 2004 TrustedMarketing.Com LLC
About The Author
Alain Diza, recognized as 'The Trusted Marketer', is the CEO of TrustedMarketing.Com LLC, delivering fast, proven direct-response killer marketing strategies to help online & offline business owners explode their traffic, sales, & profits. Get the FREE Ebook that reveals the secrets to his unconventional methods, at: http://www.TheTrustedMarketer.com.
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