Diversification on the Internet
I have been on the Internet observing many new and exciting things over the past 5 years.
There are a lot of good opportunies out there but there are also some get rich quick schemes which aren't so good.
I see more and more different types of money-making, multi level marketing ideas popping up all the time. Different people with different ideas. Some work for some, some work for many and some don't work at all.
Another thing I have observed in MLM is something that many people do not realize.
Multi level marketing works far better in urban America than it does in rural America. Basically MLM is a numbers game and, frankly, in rural America we are short on those numbers. Like one fellow says, "There are more cows out here than people!" But being from rural America, and being a farmer, I have some points to share that may help many people--both rural and urban--to generate more income for themselves on the Internet.
In farming, if you only raise one crop and get hailed out, you have lost your only chance for profit for that year. If you raise two different crops and they both get hailed out, you've lost twice as much money. However, if you diversify and not only plant a crop but also raise livestock, you increase your chances for a good profit. Then, even if the crop gets hailed out there may still be value in feeding livestock who will in turn give you some margin of profit. If you raise several different grain crops, like a couple of different hay crops and, in addition, you raise a couple types of livestock, then when one crop price is poor something else will be better and your margin for profit increases.
What does this have to do with multi level marketing or MLM? If you only work one good program trying to build a downline and you acquire a prospect but he is not interested in that type of program, you have lost him. Someone down the road will probably sign him into their program. If you have two programs, then you have two chances of sponsoring him into one of those programs. If you have four different ones, you now have four chances. Only if they are different types of programs, all good, will you have a good chance of having something to offer that might interest him. You would then have four chances at one lead, instead of one chance at one lead.
I've heard over and over from MLM leaders--stay focused on one program; put all your efforts into just one; longevity builds credibility, etc.
How come so many MLM's go broke in two or three years? How, with all the years of fighting mother nature, government red tape and bad prices, does the farmer still survive? The answers is, he stays focused, but he diversifies. Maybe people in urban America can learn a lesson from someone who lives where there are more cows than people! I was once involved in just one MLM and I just about went broke. Then I remembered what my Dad used to tell me, "You have to have more than one way of making money. You can't put all your eggs in one basket, because you might fall and break them." I am now in three MLMs and a couple of two-tiered programs, and I make a good living.
If you don't want to try something new or are happy where you are now, stay focused on just one program and pray for luck. My advice, however, is diversify and work toward a healthy profit!
About The Author
Kenny Konechne - I am a farmer/rancher from South Dakota that needed to diversify to create extra income. Working more than one solid online business allows me to enjoy my way of life. You can find me at www.sdcowboy.com and listen to my story.
Latest News
5 Proven Network Marketing Recruiting Tips Corsavoo.com, France - A network marketing recruiting system gives you the power to have an endless advertising budget, put you in profit and build a highly targeted list. ... |
An effective MLM strategy is your plan for success in network ... Corsavoo.com, France - Understanding how to implement an effective MLM strategy should be your first focus once you join in the network marketing business. ... |
Ten Qualities of A Network Marketing Corsavoo.com, France - Becoming a network marketing superstar with your network marketing company is achievable if you follow a few simple steps. Here are 10 steps to get you ... |
Make Use Of A Master Mind Team To Achieve MLM Marketing Success Corsavoo.com, France - The mastermind principle is a principle which if used correctly with Network Marketing will allow you to explode your Network Marketing business working ... |
New Global Resorts Network Marketing System delivers big results 3x24 - Your Newspaper and News Magazine, Germany - To finally start moving your Global Resorts Network Business in the right direction get your own copy of his Global Resorts Network Marketing System. Up For Traveling? |
Boundless Network CEO Jason Black Named to ASI HOT List MarketWatch - Venture-backed Boundless Network is transforming the $20 billion promotional marketing industry through a highly trained, professional sales organization ... |
 ChattahBox | Cable Network, Meet Social Network: Match Made in News - or ... TechNewsWorld, CA - Sanchez actually turned to his computer and showed off Facebook and Twitter pages that the network had set up on his behalf -- pages that are endlessly ... A fall TV season with questions in the air TV gears up for the conventions |
Is Mindset The Key To Network Marketing Success? Corsavoo.com, France - Why is psychology crucial in Multi Level Marketing? ::: Your psychology is crucial in achieving Multi Level Marketing success because your mental psychology ... |
Money Making Opportunities Using Perpetual Leverage 3x24 - Your Newspaper and News Magazine, Germany - The fact that it combines both direct sales and network marketing may help to explain why perpetual leverage is the best network marketing pay plan. ... |
6 Ways to Keep Your Network Marketing Downline Around 3x24 - Your Newspaper and News Magazine, Germany - by Matt Hellstrom How do you keep people from dropping out of your network marketing downline? This is probably the number one question of network marketers ... |
Resources
-
PSP Downloads
PSP Games downloads for members download unlimited games for your PSP with a one time fee
-
Total Advertising Network
Blast Your Ad to 3,000,000+ Classified Websites! Plus Huge Array of Marketing Tools. Affiliates Earn 60%
-
People Who Network
Discover Network Marketing Secrets Professionals Use to Build Massive Downline Growth and Sales.
-
GoodLife Publishing
This training manual can assure your success with any mlm opportunity.
-
MLM-Network Marketing training that FINALLY tells ALL!
MLM Network Marketing training! Multilevel Marketing training HYPED on the Internet? SEE WHY OUR MULTI-LEVEL Marketing TRAINING IS RATED THE BEST!
-
ADSPLIT Network - FREE viral Marketing website
Adsplit offers a free viral Marketing website that generates thousands of visitors and money unlimited levels deep.
-
Home based business online - Network Marketing on the Internet - The ebook
Start your own home based business on the Internet. Put your hands in this invaluable resource. An ebook offering a step by step method to financial freedom. From a successfull Network Marketer.
-
Low Cost Online Advertising Sources For Your Home Business, MLM, or Sales Offer
Discover top low-cost online advertising sources and online Marketing techniques to drive targeted traffic to your site inexpensively. Excellent for home biz, work-at-home, business opportunities, mlm, Network Marketing, SOHO, or work-from-home biz.
-
Your Source for Internet Marketing and High Yield Investing
Our entire Network of Sites brings you news, tips, tools and strategies for making money online through Internet Marketing and High Yield Investment.