Make Money Online Your Way

For many reasons, more individuals than ever, are now turning to a business standard that is suited perfectly for the home business and work online entrepreneur. Many consider network marketing and MLM as the ideal business method. You might not think so, given it’s old reputation, but let’s take a closer look at the aspects that make MLM and network marketing one of the best options for small businesses today.

Multilevel (MLM) or network marketing is a method of selling and distributing services and products by way of a series of distributors instead of through conventional retail stores.

Every distributor sells products or services of their network company and recruits distributors to also to sell the product of the networking company and earn commissions.

Many individuals have made riches in network or MLM marketing business. Consider these facts:

1. MLM or network marketing is accountable for approximately one trillion dollars in sales a year.

2. There are over 3 thousand MLM or network companies all over the world.

3. The total network marketing distributors is approaching to 35 million worldwide. There are over 6 Billion people in the world online that are not yet involved in Network Marketing or MLM.

4. Every week, at least 150 thousand individuals join a network marketing company in across the globe.

5. MLM and Network Marketing has produced more Millionaires than any other business system ever. Because it gives the small business owner a way to leverage their time and money to get a larger group growing their income than they could produce alone.
Here are tips for network marketing and MLM success:

1. Choose your company wisely. Check the network’s company rating with “The Better Business Bureau” and find out how long it had been operating and how much products has it sold within its years while in the industry.

Also, discover the number of network distributors is presently signed in with the firm. You will want to consider the following:

1. Product. Choose a product that you are enthusiastic about. Try the product so to find out if you can really endorse it for others to use.

2. Pay plan. Learn how much commission you can earn from your sales and what is the required minimum sales level you should reach before you can receive commissions.

3. Training and support. This is obtainable through the MLM company and find out how much these programs cost. How will you obtain training? Through another marketer or through a professional trainer? Read their success stories. Do they have more than a few?

2. Practice what your network marketing up-line teaches you. So to succeed, there should be the willingness to learn and listen from mentors.

When you succeed, your up-line also succeeds. Therefore they are eager to teach the system to you. Whatever your up-line did to succeed, they will pass it on to you, so you can duplicate their success.

3. Help from your up-line. Make certain that you have a helpful and supportive up-line who is always willing and ready to assist you should you encounter problems.

4. Lead with down-line. This is all about continuing relationship building. Be ready to at least spend 30 days assisting a new individual come to the business constantly training and supporting them until they are secure enough to go off “on their own”.

5. Duplicate yourself. MLM is all about reaching to many more individuals and selling more and more products through your recruits. Use the power of leverage to your advantage.

This is all about team building, constructing your sales group. Your recruits or down-line will do whatever they see you accomplishing. All that you have learned, pass it on to your down-line. Demonstrate to them good networking habits. Educate them how to also duplicate themselves.

6. Use the internet. More and more are using the internet as their primary marketing tool. Set up your own website including autoresponders so that when you acquire leads, follow up can be done by the autoresponder. Good companies offer a proven system to do this with.

The key to internet success as well as capturing leads is through follow-up. You need to keep in touch constantly with your leads at least every month. Automation has made available a more consistent way of following your leads up.

7. Do not quit working at it until you see regular income coming in. Never give up your efforts unless you are really certain that your earnings from your networking company will continue to keep on coming in.

This means that you are with the right, stable company and you will continue on working hard to earn more and not stop just because you already have a lot of recruits.

Network Marketing takes a lot of determination and commitment not only in your business but marketing it as well.

What I hope you can see is that it will pay off for you better than your job ever could and offer you a lifestyle and time freedom, thanks to residual income, that many could never believe would happen for them.

Stay tuned, as I will also discuss “Challenges to making your business profit - and how to overcome them”

We see in the news that more and more Americans are resorting to working from home. Aside from the benefit of better productivity, you do not have to endure a daily fight with traffic if you prefer to work from home. Also, you can have more time for your family, as a valuable incentive of rearing a home business instead of a 9 to 5 grind. So, if you choose to actually do the work at “home sweet home”, here are some effective tips that you should arm yourself with when starting a home based business:

1. Do Your Homework

Research the kind of work from home or home business you are planning to run. A well-thought out business idea is most likely to succeed than a lamely-planned one. Think if the home biz you are about to put up will be sustainable enough for you to really have a living out of it. Consult your friends, a business administrator or just about anyone who has expertise on the field you would like to work on. Visit libraries or buy books on the kind of business you want to manage. Maximize your online resources. Surf thoroughly and learn more about the ins and outs of the business you would want to venture on.

2. Run a Home Business that Makes You Wild

Wildly passionate, that is! If you would like to succeed in anything, passion should be in your heart. It would definitely be harder to succeed in something you’re not crazy about. Surely, there are many who would want to try out a business just for kicks or for experimental purposes but not many of these experimental businesses are carried out that well for one to earn a decent living out of it. How about working on a hobby that you have always been enjoying since childhood? Many hobbies have been turned into businesses, e.g., scrapbooking, writing, organizing, etc. As the old adage says, “do what you love and money will follow.” Or how about examining your current job and see what task encompassed by your job doesn’t feel like work for you when you’re doing it. Got one in your head? Eureka!

3. Set Up a Home Office

Having a home business doesn’t mean that you are supposed to do work anywhere in the home. You should set up a certain nook for you to do all your home business duties. Find a place where your kids won’t have the freedom to come in and out of whenever they please to. Somewhere work-conducive and yet not as stiff as your then-office from your 9 to 5′er. Setting up an home office will be incomplete if it doesn’t contain ergonomic furniture and office gadgets. Look for that office chair that won’t make you laze around the whole day. Proper lighting should be considered, too since it’s important that you get things done in your office and not being able to see well, will deter you from doing much.

4. Avoid Sticky Financial Situations

The thing with being a newbie in managing a work from home stint is you have wear all the hats. This means you are the business manager, the production team, the marketer, the janitor, etc. And this includes even the hard role of being your own accountant. You have to learn how to manage your finances as a work from homer. Good for you there are a lot financial management software that is available online and are sometimes even offered for free, or a free trial basis. These can aid you in making wise financial decisions and tracking your cashflow, which is what will make you successful as a home business owner. Watching your bottom line!

5. Market Your Biz Like a Pro

How will clients go pouring in if you don’t make your business known? Aside from the generic method of marketing your business through businesscards, banners and posters, creating a website for your business is one of the most effective means of getting the word out about your home business. Create one yourself or hire an expert in web designing produce a professional website for you. Do you know how else you can make others know your business exists? Blog about it. Blogs or web logs are online journals that many online readers find enjoying to read. Talk about your struggles, solutions and success and make blog readers yearn for more by updating your blog often with useful information.

Before you know it, you’ll be the envy of many, as you make money online and quit your commute!

A was having dinner with a friend of mine a couple of weeks ago. He asked me for my opinion on a business this guy had pitched him about starting an online business. Now, my friend is retirement age, has done quite well for himself, so he really doesn’t need the money. He sells used cars for a living and golfs more than he does any work anymore. He doesn’t have much experience online beyond emailing and browsing. As I asked him a few questions about the offer, he tells me this guy has a business that will set up a website for him, with about 800 merchants who offer products that people can come to his website and buy from. He will be able to make money when people go through his site and purchase something. I said, “That’s great! How are you going to get people to go to your website and buy from you? There are millions of websites out there now, why are they going to buy from yours? How are they even going to know it exists?” He scratched his head and said he didn’t think about that, and as I talked about it with him further, he asked if I would talk to the guy, check it out and let him know. It would cost him about $49 a month to have the site.

Well, after a bit of phone tag - I connecting to the guy today. I will not share his name or his organization here. After listening to him broadly explain the overview (which he left a lot of details out on) I started to aks him questions. The problem with people like me, for people like him, is that I know what I am talking about, I know what to ask and am very direct about it. Here’s what I learned:

His is basically a multi-level affiliate business. Instead of buying products from the store, you buy products from your own store (your website) and you get a slight discount as you keep the affiliate commissions. Your sponsor (I did not get into the details of their commission plan) gets a cut also. So at first blush it looks like an online buying club - a pricey one at that ($49 per months!!!! - you better be saving some money! ) This is where it gets interesting - The way you grow your business to be profitable, is to refer your friends and family to the site and get them to buy through your site. I asked him how many “customers” he had, and he told me 15-20 (btw a lot of the numbers he would quote me were ranges, which is kind of fishy, because anybody running a decent business - especially a small one, should know EXACTLY how many customers they have - especially if they were regulars - more on that in a bit) and I asked him how much he was making off those customers and he said he did not know. I asked him for a ballpark figure and he said about $200 - $300 per month. So I will give him the high side of that number and lets look at the profitability or return on his investment of time and money (ROI). I also asked him how long they have been in business - he said about 6-8 weeks. He got these customers for doing what he did with my friend - selling them on the service. So I am going to give him the ideal and say he spent about 1 hour (between rejects and actual sales) getting each of his customers. So, lets break that down. Again- I am going to use low side expenses and high side numbers to examine the ideal here:

15 customers * 1 hour each to acquire = 15 hours.

1 month website costs = $49

Gross Profit = $300

Gross Margin (Profit after deducting expenses) = $251

Hourly wage you just earned (approx.) = $16.73

Now, some might argue with me and say “yeah, but now he gets that every month and he can get his customers to get more customers and grow that into a residual income which is what you taught me was the best way to do it!”

Yes, that is very true, and in many ways, this is close to the truth. Here is the ultimate problem though. This guy has to count on phone sales and personal referrals to build his business. Let me tell you, once I explain that to my friend, he is not going to like the idea that he would be bugging his friends and family to join this as a way to make it succeed and to grow. And that they would have to do the same thing - even with this great phone guy to help make the sales…. Anyone remember a little company called Amway? Same idea, slightly different model - to me will equal the same result = a few guys on top make most of the money, a few more guys in the middle make hobby income, and most of the people on the bottom, make little to no money and just support the system. It does not sound like a good deal to me.

Affiliate sales are a great way to make money if you are good at sales and marketing. You refer or sell someone elses product, someone else completes the sale, collects the money, and issues your commissions - easy peasy right? If it were that easy, everone COULD make it work. The problem is, most people don’t like to sell and are not good at it. Even the ones who do, don’t like to sell to their family and friends, and they certainly don’t want to count on the sales from their family and friends to make or break their business - as that adds an extra element of pressure no one likes. That seams like an awful lot of work to MAYBE make $16.73 an hour or so.

Now lets take the principle and improve it so that it WOULD work. First of all, the marketing system for the business has to be automated and online. It has to be able to explain and sell the business 24/7 FOR YOU. Secondly, the leads system (how you find new customers) HAS to be integrated so that any new member can just plug in and USE THE SYSTEM and can truly duplicate. Finally - anytime you can produce a business that Returns MORE than you put into it - even on a small scale - you can turn that into a monster income, even if you don’t grow that business into a big one. Let me explain it to you this way - I will give you a couple of examples. Lets say, you develop a niche site. For this example, lets say you develop a website that is devoted to Beanie Babies. You write lots of great articles and have picture and information on the site to help people find out if a Beanie Baby they have is worth a lot of money or not. You put some ads on your site and advertise it a little and it starts to make money - not a lot, but after you set up the site once, do the research, write the articles, etc, you make about $200 net profit. Lets say that you do 1 site like that a month. Your first month you make the $200. 12 months later you are making $2400 per month (12 * 200) and now you stop making sites. You did not cold call people, you provided a good service of providing helpful, informative content, and you are leveraging the power of the internet to put automation to work FOR you.

For the second example, lets look at it like an MLM / Network Marketing model. You start a business that makes $200 profit for you a month. You help 2 people sponsor 2 people (2 per month) do the same thing. That is, you sponsor 2 people once, each person they sponsor sponsors 2 and so on.

So the first month, you sponsor 2 people (we are going to figure all commissions at 10% to make the math easy - although most pay plans pay higher than that on your first level). So now there is you and 2 others in your business, you are making $200 + $40 in commissions.

The second month (and here is the leverage that MLM / Network Marketing can offer that NO OTHER BUSINESS can touch) You sponsor NO ONE PERSONALLY - but your first 2 downline members each sponsor 2 people! Now you have 6 people in your downline. Lets add up your profits = Your commissions from your sales $200 + $120 from your downline = $320 total.

The third month, the new people who joined last month all sponsor 2 people. Your total downline is 14 people. Your total profits from your inital business is still $200 and you are now making $280 from your downline for a total of $480.

The fourth month, the growth continues, slowly but steadily and you now have a downline of 30 people. Your profits are up to $800/monthly from your online MLM / Network Marketing business!

We proceed to the fifth month, where your group has grown to 62 people - Your profits are up to $1240 just from your downline which totals $1440 from your business.

If we continue this to the end of the year, you would have theoretically have a downline of 8180 people and be making $8,000 to $10,000 a month (the percentages on your payouts decrease as your groups grow - it is natural mathematical flow due to the distance of the people who joined later that made up the majority of your group.)

Doesn’t that sounds like a better strategy that building niche sites and typing till your fingers and wrists ache? Just kidding, building niche sites is a great additional income stream, but I think you get my point about the leverage of growing a group like that can bring you. As long as we are talking about it, lets look at the reality of some of the factors that start to play into when you are trying to build a MLM / Network Marketing business that size.

Uniformity: People just don’t come in and all act or grow at the same rates. This always causes imbalance in groups. Generally, I think of it as a 30/70 rule. Only about 30% of the people who will actually do the work, grow about 70% of the group. When you put 2 small groups side by side and grow them, always one group will outgrow the other. This is natural, and is what you find with most groups, most of the time. The ones that can actually grow, anyways.

Timing: People don’t all act at the same speed. So you don’t get this steady of exponential growth. But you still get exponential growth and great numbers!

(Back in the real world) When I started my Automatic Builder / Nutronix business I saw that rapid kind of scale up after my first 4 months - it started to grow exponentially. For example, in my first few months I had sponsored about 11 people who had stayed, but no one was duplicating yet. In the 4 month, I sponsored a few more people. One of those people went on to grow a big group in a couple of months - he had about 30 active people and about 70 who were just watching in his group at the end of those 2 months (does that sound like where you work? )

Within 4 months, my downline grew to have over 1000 people in it (my total business was about 8 months old - for those of you keeping track). It took another five months for that group of 1000 to double (unlike my previous theoretical example, where every 2 people doubled every month) at that point it was the 1 year anniversay to being in business and it had been 9 months since I had sponsored my first active recruiter. Can you see the power of that kind of model working for you?
If I extrapolate out to where my group will be at the 2 year mark, I would bet there will be about 3500 people in it then. Well before I hit that mark, I will be making $9,000 to $10,000 a month from that! And that is NOT 3500 ACTIVE members! about 30% of them are the ones who are driving the commissions and the growth! 70% of them are sitting and quitting! Imagine that, a business where it’s failure rate is higher than it’s success rate, yet it is wildly successful! Residual Income - Ya gotta love it!

Now this business is actually in it’s baby stages, it has not hit momentum yet. Once it does, you will see that group of about 3500 people grow to about 35,000 within a few years. Where would you like to be in that group? Towards the top or the bottom?

If you want to learn more specifics about that story, or check out the business for yourself, you will find it at http://www.nutronixhelp.com

Matthew Yonan

“There were over 1.6 million bankruptcy filings last year, up 7.4 percent from the previous year. And according to a new book, more people will end up in bankruptcy this year than will suffer a heart attack, than will be diagnosed with cancer or graduate from college, and it’s not who you would think. Elizabeth Warren is a Harvard law professor and bankruptcy expert and discusses these findings in her new book “The Two-Income Trap: Why Middle-Class Mothers and Fathers Are Going Broke.” She discusses the book on “Today.” ” This is an excerpt from this news story on MSNBC

That means you have a better chance of going bankrupt than:

- getting cancer

- having a heart attack

- graduating from college.

And that is if you are both working and in the middle class! That means most Americans finances are built like a house of cards.
It is trends like this that should really wake you up. We are approaching the largest number of people that will reach retirement age in America in the next 10-15 years, and a large number of them are going broke. It is a well known fact that 98% of people will be dead or broke by the time they reach retirement age. If these people don’t hurry up and do something they will soon run into that reality. Some people are so engrossed in just trying to survive financially right now, it is hard for them to think of the future. Sadly most people truly are one paycheck away from disaster. If they or their partner were to get injured or sick and their paychecks stopped coming in, they would be devastated. It is the number one cause of bankruptcy. Unexpected illness, injury or the death of a loved one.We have a whole culture of people in this country who traded financial freedom for what they thought was security. They thought getting s steady job would bring them financial security. They are now learning that that image of security by having a job was a big lie. It has been written about again and again, the only true way to achieve financial success is to own your own business, or own real estate. Unfortunately, while it is that simple, it is not that easy. There are many risks inherent with starting a new business, let alone finding the time to have to work on it. There are plenty of people selling books and seminars on how to buy real estate with no money down, or how you can make money finding real estate investment property online. Sometimes I think those are the people making the most money in those industries - the ones training others to do it. Their success stories are few and far between. Some even blame them for the real estate bubbles people have been reporting on in the last year. People can only refinance out their home so much. It is one of the reasons we see the mortgage industry run out of steam.
It is that kind of reality that drove me to find a business that I could develop into a residual income. One that I worked hard and invested in for a year, then whether I could work it or not - my income would keep coming in. I don’t even want to do the math to figure out how much I would have to save and then put into investment opportunities to try to be able to generate the same amount of income. Lets just say I would have to have over a half a million dollars in investments to generate the same level of income that I have from a business that cost me a few thousand dollars to start. For most people, who are barely getting by on their present paycheck - so save up 1/2 million dollars is impossible. They have trouble saving little, if at all.
People know this. That is why we see thousands more come online every month and look for online investment opportunities, and ways to make money. The problem is, many of the ways to make money online they are offered are not very different than what they already have. Taking surveys, traffic exchanges, and many of the online businesses you find are still just offering to trade your time for money. Same trap - different setting. Building your assets - and the assets I am talking about here are not assets like your house and your car that cost you money and you don’t profit on every month, but assets that you invest in, that end up paying you back more than you put into them. That is truly the only way to leverage your money and time to get you ahead.

Otherwise you are just trading time for money and you only have so much time to trade!
That is one of the things that motivated me to join with a network of people and form the Entreprenuers Network and that ended up producing the Investment Opportunity Report

I wanted to produce a resource people could use online that shared with them proven ways they could use to get themself out of the trap many of them were in. It is also the reason I still was checking out MLM / Network Marketing businesses. MLM / Network Marketing has produced more millionaires than any other business system. Period. That is why they teach it in the top business schools. They know, for the average business owner / investor, there is no other business system that can offer so much leverage. That is the ideal anyways. So many MLM / Network Marketing companies have shown time and time again, the problems and challenges to building a business that way. That is until I found Automatic Builder / Nutronix. Finally a MLM / Network Marketing business that had developed ways to overcome all the challenges for the average and small time investor. Really, any system that will ACTUALLY work with both paid and free advertising is a proven one. Too bad it is a rarity in MLM / Network marketing businesses. Yes, it still takes work and investment, but it is exactly the vehicle that people can use to drive themselves out of the trap their in.

Starting and growing my Automatic Builder / Nutronix business into a successful online business was exciting in itself. Being able to share that success by teaching and helping others achieve the same thing and help themselves out of a sinking financial boat is the ultimate reward. If you follow me down that path, I know you will see what I mean.
Matthew Yonan

When starting an online business, work from home business or any business for that matter, there are some decsions you have to make at the beginning that will decide a lot about your business. It basically starts with 2 choices.

#1 Sell your own product or service

#2 Sell someone else’s product or service

From there, the choices branch out greatly.

If you choose #1 and you want to sell a product you make - you should ask yourself these questions among others about your business:

How long does my product take to manufacture? How many would I need to get started selling them? If I had to order in bulk, where will I store them? Would I be able to start selling them by just showing the prototype and taking enough orders to get going? How much would that initial prototype or production batch cost? How can I raise the money to do that? How much will it cost to ship each one locally? Can I market it nationally? Can it be marketed internationally? Is the shipping cost still feasible to market overseas? If I look in the marketplace, what kind of pricing is there now? How much markup - or profit margin does that leave me?
If you choose #1 and you want to sell a service you provide - you should ask yourself these questions among others about your business:

What is the maximum number of people I could provide my service to a week myself? What is the minimum number of people I could provide my service to a week and profit? Is there a lot of competition in this service? How will I stand out? How long have I been providing this service? Do I have references? Have I decided my pricing structure and profit margins?
As I hope you can see so far - you will see why I tend to prefer building a business that provides #2 Sell someone else’s product or service as it cuts down a lot of extra work and money expenses - that usually do not lead to a lot of extra profit. Don’t get me wrong, I think people make money in manufacturing and providing services - I just don’t think a small business is the best situation to be a manufacturer or service center. To do it well and efficiently, usually takes a larger number of people.

If you choose #2 and decide to sell someone elses product or service it really simplifies the process as you only need to focus on sales. There are basically 4 ways to sell these goods or services for someone else:

#1 As a regional representative (set commissions - must stock inventory - or buy franchise for service)
#2 As an affiliate or referrer (set commissions - many times free to join)
#3 As a distributor/retailer (set commissions = buy at wholesale, sell at retail price, may need to order in bulk, larger minimum order to qualify to buy at wholesale, offering a service -scalability issues, if you want to grow your business beyond you - how long does it take to train new emloyees, employee turnover, etc.)

#4 As a MLM/Network Marketing distributor (set commissions & potential residual commissions - qualifications too varied in industry to summarize)

Maybe you have never looked at it this way, but now that you are, can you see why I find option #4 the most attractive? I have tried almost ALL the choices outlined above = I have sold my own product (for example - my info-book), I have sold my own service (ie: tile installation), I have sold products and services as an affilliate (ie: e-books, referred people to my link to buy something and received commissions, a type of direct marketing), I have bought products at wholesale and resold them at retail for a profit (too many to list - this is also considered a kind of direct marketing)

The residual aspect of MLM / Network Marketing, is exactly one of the things that kept me coming back to try it again over the years. Boy, am I glad I did! In any other business, if I stopped working or selling - my business stopped and I stopped getting paid. With a successful MLM / Network Marketing business, I have stopped working as hard for periods, even taken a few weeks off and hardly worked, and I kept getting a check, my business even gave me a raise during that period! I know this has been the dream and attraction for many people - but the reality for most people is that if you tried to start a work from home business, or online business - most people failed.

Next I will cover some of the problems that prevent people from succeeding in a work from home online MLM / Network Marketing business and what you can do to avoid them. I will see you then!

Matthew Yonan

Happy Independence Day! I will be celebrating the freedom and independence of our country today. Thank God for the wonderful opportunities and choices we enjoy today because of the price people have paved before us. My parents are both immigrants from other countries. I was the first generation born here from both sides of my families. Ever since I can remember, it has been ingrained into my head all the freedom, and opportunities we enjoy here that many people in many places don’t. We can easily own land or own our own business. Whether you own your own business online or take advantage of a real estate investment opportunity (like owning your own home for starters) does not matter. The point is, here we can invest in our future and own assets of real value no matter whose family we were born into.

Even before I left the shelter of my parents home, I worked at odd jobs, starting when I was young. I always had kind of an entreprenuerial spirit - I will tell you plenty of stories about that later - one at a time. I guess what I am trying to say is that I was brought up well, not spoiled or on easy street. Once I left home, that only got harder. I worked plenty of crummy jobs and rode a bike for many years as an adult as transportation, because I could not afford the insurance and other costs of car ownership. At the time, I thought it was pretty unfair, as I knew plenty of other people in my age group whose parents had bought them a car or helped them out, but it was not to be for me. That’s ok, it taught me a lot of valuable lessons and I got by just fine. I still have fond memories of some of those years as they were when I attended college and met a lot of life influencing people.

Back then, the internet was just an idea, but I had read a book that further cemented my parents ideas and opened my mind to many other things I had never thought of. “Financial Self Defense” by Charles J. Givens. It pointed my head squarely at owning my own business. Working from home was a dream that went with it, but it was hard for me to imagine what kind of business could support that idea. Remind me later, if I forget, to tell you about my Mom’s home grown business that ended up with products for sale at Macy’s (which was a big deal at the time). This kind of thinking laid the foundation for the many businesses and investments I would pursue later that led me here. Speaking of books, I think I will post one day all the books that I found highly influencial to my development. I hope they can help you. Some of them, were so good, I read them more than once - in fact I still have most of them today!

So out of college I was back in the work force. I left just short of a degree, as I did more research into different jobs and options in different carrer paths, I was really dissapointed with what kind of pay was available for people with a college degree. Even a Master’s Degree! That was a wakeup for me, as I had really thought going to college was going to end up helping to increase my wage. For me, it was a great experience and I learned a lot, but that was it. I saw that people in the trades make almost twice as much money as people who graduate from college on average. When construction came calling again, I was ready as I had been used to meager paychecks for too long.

In the business venture I was telling you about yesterday, where my friend and I lost over $30,000 in our little info-book flop? He was older than me and much better off financially. He fronted the money for my half. (We were really close buddies). I needed to pay him back my half, since I was counting on paying that back with profits. I paid him back the $15,000 in 1 year. How did I do it? I gave him 1/2 of every paycheck for a year. That really sucked, but believe me, I have NEVER forgot the lessons I learned about paid advertising since then! In any investment opportunity (and believe me - any work from home or online business is an INVESTMENT opportunity) the reward is in direct relation to the risk. That is why when you give up risk for the reward of a steady paycheck - it is usually for less money than if you went out and did it on your own. That does not mean you should go out and risk everything. It just means, from what I have learned, you have to decide when the reward makes it worth the risk! If you can start with a smaller risk and see how it goes, if you get paid back or profit, you know what to do. If it doesn’t work out then you can come up with a different plan and try again. There is nothing worse than doing the same thing over and over expecting different results from your online business. If you are not getting the results you want with your business or your advertising, change what you are doing! Using your head is the fastest way to get making money instead of investing it. I like this side of the fence much better - the grass is the color of money!

Matthew Yonan

Last Friday my wife and I went out for dinner about 45 minutes away from where we live. It was a great restaurant we had heard was pretty good. We left early to try to beat the dinner rush. We were driving against the end of rush hour traffic (rush hour seems to start earlier and end later every year doesn’t it). I remember having to deal with that and I used to hate it! Just seeing all those people stuck in their cars - day after day reminded me of how stressed and frustrated I used to feel.

Getting stuck in traffic like that just used to remind me how stuck I felt in my life and how badly I wished I could make it better. I used to go home some nights and sit on the computer, surfing and looking around online for some way to make enough money or profit enough from an investment opportunity so I could work from home. I have a good friend who is in excellent shape that I used to spend a lot of time with, he taught me almost everything I know about working out. People would always ask him diet and workout advice and he ended up selling them a lot of vitamins. Being able to tell people about the results you are having from the products you are selling is a great free advertising technique. He taught me how he bought the vitamins and supplements at wholesale and resold them for a markup.

One way we tried to capitalize on that was to develop a how to booklet that taught people how to save 30 to 50% on their nutritional supplements for themselves. We set up a pre-recorded information message on a 800 number and placed ads in many major magazines like Prevention and Readers Digest. This was my first big tuition payment and lesson in advertising . We spent about $30,000 in ads. When we bought the ads in the magazines, we had to wait 3 months until they came out. We were excited and thought it would work, so we placed all the ads we could afford to do.

We got lots of calls on the 800 number (which we had to pay $0.25 each for) and even got some orders. All in all - I think we only sold about $500 in booklets. It was a total flop. The problem was the ads. They got some interest - and got many people curious enought to call, but they were not very effective at selling the product.

If I had to do it all over again, I would have taken out some small local ads until I found a winning formula, THEN we could have taken it to a bigger scale. If it doesn’t work on a small scale - IT WILL NOT WORK ON A LARGER SCALE. Please read that again, and I hope you learn from it as it cost me and my friend over $30,000 in tuition.

That is the basic mantra of any successful marketing campaign. Test, test, test until you find what works - and then throw everything you can into it. If you take out an ad and test it in a smaller market and it gets no response - redo your ad until it works. Once it does, it is like an ATM machine - as you can take money out of it until it is empty.
Well, it’s almost time for me to go to bed. Tomorrow is the 4th of July - Independence Day. Millions of people across the US will get a taste of what I do every morning and not have to wake up because their alarm clock went off. Almost every day I wake up when my body clock tells me to. Wouldn’t that be nice? I wish it for you! I love waking up, stretching and walking downstairs to go to work. Especially because I know I am not dreaming.

Matthew Yonan

I think, the biggest mistake people make in looking to learn or succeed in anything is that they think if they fail or make mistakes, they can’t be good at it. That is just not true. Most of the things I am the best at, or have become good at is by making mistakes or failing at them! I think this is true in most areas of life. No one I know learned how to walk without falling down. But we all end up learning how to walk. I even learned how to run! This principle has been especially true for me online.

I look at those failures or mistakes as opportunites to learn and improve. Some of the lessons I learned online about free advertising, paid advertising, investment opportunities, Network Marketing, MLM, and starting and building a successful online business cost me thousands of dollars and hundreds of hours. I will share a number of my failures with you that I have found very educational, so that you can avoid losing money and time like I did learning those same lessons.

The first one I will tell you about is my experiences with Referralware. Referralware is a great idea! The problem with it is that it did not work out for me, and I WORKED AT IT! I was with Referralware for about a year and a half. Basically, Referralware combines an integrated marketing system with multiple income streams. Huh? Did I lose you yet? Hang in there, As I will explain and share with you what I learned and how I used that to make money online and work from home.

Problem #1 for Referralware = people have trouble understanding what the heck it is. Some people think it is software (because of the “ware” in it’s name).

Problem #2 with Referralware = To get to the top levels, and qualify for the maximum commissions, it has a high monthly cost. I was spending more than $300 just to maintain my position and get the guaranteed signups packages. That does not even include what it cost to join and maintain membership in the business opportunities that were to be my income streams. They were just expense streams to me.
Problem #3 in Referralware = I did recruit and start to grow a downline there, but ran into the same problems as I had in many other systems. My new members were not able to duplicate in the system and would end up quitting.
Problem #4 with Referralware = Overwhelming variety of online business opportunities to choose from and even though they supposedly had been “pre-screened” for a higher probability for success, most of them were NOT working and you would end up joining a online business opportunity to promote that people were not succeeding at.

What the heck are multiple income streams? Think of it this way: if you work at a job, that is one income stream. If you owned a apartment that you rented out to others, that would be yor second income stream.

Lesson #1 I learned from Referralware = The appeal is to develop multiple income streams online as a way to grow a larger income. It is also a more reliable way to develop an income you can depend on. This is a smart idea as instead of promoting a single thing with your advertising dollar, you can advertise multiple things with the same advertising budget. Also, you would not have all your eggs in one basket. If you ran into problems with one business or opportunity, you could rely on the other income streams to provide for you while you worked on replacing that one. I think of it this way. Lets say I develop a small successful website that makes me $20 per day with ads or sales. That may not seem like a lot. What if I did that 9 more times. Now I am making $200 per day from my websites - all are easy to maintain and if one runs out of business, or has problems - instead of losing my daily income, I still make $180 per day and only need to replace that portion of my income. Is your job that reliable?

Lesson #2 I learned from Referralware = Use the power of the internet and an automated system to get more done in less time. I think the benefits of this are obvious, but I had never thought about this before then. If you can set up an automated system to do 95% of the work for you, it also means any work you have to do will go farther! This way, I also only end up spending my time with task that require my attention and effort, rather than presenting and explaining the same things over and over. If you have used an online business to purchase anything, you know what I mean. You can choose, pay for and sometimes even receive what you were looking for and the whole process was completely automated. Using this automated system, your online business can get that much more done without you. You can set up other things like the marketing system to even bring in people automatically and do the sales, collect the money, and put the money in your account, all while you are doing something else.

Lesson #3 I learned from Referralware = Whatever your offer or system is, it needs to be easy to explain. This means that it would be easy to understand and more people would be interested in it.

Lesson #4 I learned from Referralware = Because of some of the problems I outlined above, 2 guys who were having success started an add-on program to Referralware called Coaching to Profits. First of all, this added to the cost of joining and the monthly expense. What they did right, was to explain to people what the heck Referralware was, streamlined the income streams to a few, and best of all - had a step-by-step plan for how to succeed in your Referralware business. You can easily see that these ideas heavily infuenced my http://www.nutronixhelp.com/ site.

Lesson #5 I learned from Referralware = The main aspect that initially appealed to me was the idea that I could develop a residual income. I could work at something smart and hard once, and get paid for it for years after that. One of the main obstacles to that is if you are involved in something that you need to perpetually re-qualify for, or keep recruiting for. Those kind of things keep it from being residual. That is one of the things I love about the Nutronix payplan. I will never have to recruit another person or re-qualify above my $100 autoship to reach the top levels in the payplan and enjoy my monthly income from that.

I was first exposed to Network Marketing/MLM when the Amway business was presented to me years ago when I was in college. The business presentation and some of the ideas really made sense to me. The idea that I was not going to get ahead trading time for money (as I only had so much time) and that one of the few ways get beyond that was to own a lot of land, own my own business or inherit a lot of money.
Since I was not planning on getting any kind of inheritance, owning my own business made the most sense to me, and so I proceeded to work hard at building my Amway business for 2 years. I was successful at recruiting some people, but they could never duplicate that success and my business went nowhere so I ended up dropping out.
I still held on to that dream of finding a way to get ahead. I did go onto start my own business with my uncle. I worked with him in getting a small tile installation business off the ground and grew it to over 12 employees. It was a lot of work and investment. Even as hard as we were working, after all our expenses and overhead, I ended up making only slightly more than I did if I was doing the work myself. This got me to reconsider what kind of business I wanted to own.
I knew that what I was doing would not get me into the lifestyle of time freedom and money that I wanted, and that I would have a tough time getting enough money to pay down my debts and even to retire. Reading the news and seeing stories of how many pension funds were going under, and I knew how I did not want to HAVE to be working into my later years. It is different if you have a hobby or a business you do because you want to, versus, working at something because you have to. I wanted to work at something that I liked to do that would pay me for years.
This got me looking online for businesses and opportunities to make money from home as I was really sick of driving around all day, and really getting nowhere. I would get home tired, after a long day, and did not have the time, money, or energy to do the things I really wanted to do with my life. I researched and tried many online businesses, and I kept returning to network marketing/ MLM as the business to have, as that approach has created more millionaires than any other business method, along with being able to offer residual income with a successful business. It also used the advantages of leverage, which meant the bigger my business got, I would get paid more and more, even though I was working the same amount. Also the idea that I could work hard at a business for a couple of years, and then enjoy the results of my efforts for many more years really appealed to me.
As I worked at some of the businesses I found, I had success with some, but mostly failure. The weak link for any of these businesses was their marketing and presentation system, and not having a proven way for duplicating their business. They had plenty of “ideas” but none of them worked for my downline. I had been involved with a couple businesses that I found I could grow – in one I helped build a downline of over 10,000 people. It quickly fell apart and most people had quit in 3 months as no one could duplicate the recruiting I was. In the other, I had basically the same problem, I was able to recruit people and new members were not able to repeat that and duplicate, so another downline faded away. That business is where I met my sponsor Shane Woods.
Shane was in another downline than me, and we were both actively looking to find something that worked for the new person. He called me one night and invited me to join with him in this business. (We called ourselves the Success Team). One of the most interesting aspects that he told me about AutomaticBuilder/Nutronix was that they had an automated presentation system with many proven methods of advertising. Listening to the excitement in his voice got me excited, so I gave him my credit card over the phone and had him get my business going that night. Just the idea that they had paid advertising and free advertising that actually worked was exciting! I listened in on some conference calls and after listening to multiple success stories and the kind of leadership and team atmosphere that was in place, I had hope again that I found a business that could work.
I started out slow and skeptical though, as I had been disappointed so many times before. Especially after my last failure in the business before, my wife also felt very cautious and skeptical. The other thing that was attractive to me about this business was that I could work at it very part time. I was in the process of starting a retail business online (http://www.why-buy-dinar.com)and did not have much free time to spend working my AutomaticBuilder/Nutronix business. The slow but steady progress this business made was one of the things that kept me coming back to this business time and time again. Success did not happen overnight for me.
I had been in the business for a few months and basically had just used the GTT’s to bring in new members and about 11 of them upgraded. (GTT’s are Guaranteed Tour Takers). GTT’s are a premier lead that is exclusive to our business. This was very encouraging, but no one was duplicating yet. I was watching to see how much the system would do on it’s own, as I needed to know that it did not depend on my personal skills to succeed.
I listened to a conference call and a member who was having success was talking about the personal welcome email he sent to members and the kind of responses he was getting. Even though the system sends out follow-up and welcome emails for you, nothing beats the personal touch. I decided to give it one more go, bought another set of GTT’s and sent welcome emails to any members who joined, and sent emails to anyone who watched the presentation more than twice to encourage them to let me know if they had any questions, I would be happy to help get them answers.
One of the members who joined from that set and responded to my welcome email was Thom Gruber. He has gone onto to build a downline that makes up the majority of my business. When I first contacted Thom, he was excited and getting going, but he was frustrated as he thought he put his username wrong in a URL that he was sending out in an email campaign he had just bought. He was concerned that if he got any leads from that, they were going to end up at someone else’s site – instead of his. He also told me he had ordered a set of GTT’s. I said that was great, and to help make up for any people he could have lost from the mistake in his ad, that I would buy him a set of GTT’s to make up for it.
Let’s just say that when those 2 sets of GTT’s came in for Thom, he saw the real power and potential of this business and got really enthusiastic about what he could achieve with this business and went about achieving it. I won’t tell you Thom’s story here, I will let him tell you that. I just want to point out that Thom came from another Network Marketing company where he was not finding the success or duplication he was looking for to succeed. As you will see, one of your best tools in this business is helping your new members see that for themselves. Once they see the power and potential of this system, and they know you are behind them, they will be the driving force behind your success.
I feel very blessed and honored to be a part of this business and to work with the leaders I do. Being a part of the Advanced Training calls and hearing the success stories and results people have had from the strategies and training we have covered there has been really gratifying. It is really a rare thing to find an online business that you can work from home and find online success that you can start for as little as $2.95 If you would have told me that one of the best investment opportunities I would find that would help me make money online would be so inexpensive to start my work from home business - I would have told you that you were crazy. I am just glad I was crazy enough to hold onto that dream, and did not stop trying to reach it.

When I was young - about 8 I think - my first job was a paper route. It was a relatively small route that was in my neighborhood. I had to walk it by foot, and in the winter here in Minnesota, the Sunday edition was a real chore. I remember dragging a sled filled with Sunday papers down the streets, struggling to keep it level, and it kept falling over and I had to reload it. It took me about 6 hours to do my route that day and I was exhausted when I was done. Back then, I also had to collect the payments for my route and I used to dread going door to door and many times people were not home or they would complain about this or that. I did that route for about a year, then quit.
I have always been an avid reader and I used to read about people who had found success in business, or had risen to find a better life for themselves. When I was a teenager, I worked a variety of fast food jobs to make money and always hated how hard we worked and how little we got paid. When I graduated from high school I worked 2 jobs full time, and lived with my parents in an effort to save up money for a car and to save a little to get ahead so I could go to college. I worked at Perkins restaurant cooking during the day and was a cashier in a gas station for the night shift. There was only 1 day a week I did not work, and most other days I could only sleep about 6 hours between jobs. I had no social life and it was a sad existance for that year. When I got done - even though I did not have to pay rent - I had managed to pay for my old little car and had about $3000 in the bank. It was scary to me how fast that money went, once I moved into town and started college. I ended up selling the car, and riding my bike everywhere again to make ends meet as I went to school. It was a poor existance, and I remember always having a roommate and eating a lot of ramen. Any job I worked hard at in school, never got me ahead and I was pretty frugal at that time. I left school and was working a temp job. I had taken a break to attend my grandmothers funeral and saw my uncle there. I had worked in construction for him in high school and he was telling me how his tile business that I helped him with was doing, and offered that I come join him there as the money would be better than I was making.
I accepted. He had 3 employees, and through paid advertising and my help with sales and marketing, we grew the business to 11 employees. As large as that business got, we never seemed to make more than we would have made if we were just doing the jobs ourselves - but with the employees, it seemed all we ever did was drive around and fix problems. It seemed like no matter how hard I worked, or even being an owner of a business, that I could get ahead. That is some of the background of what drove me to try and find a better way to make a living. I have always read a lot and was introduced to the internet in college. I saw all the online success stories and how many online business owners were making money online. I saw many investment opportunites that I did not have the money to invest in at the time, and had a dream of working from home with an online business that would make money online. I knew I could not retire or get out of debt with the way I was working now and I was worried about having enough to retire. This motivated and led me to years of learning and trying different things to find online success and the freedom I hoped to find.