How To Build An Online Business That Can Be Scaled
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In this video on How To Build An Online Business That Can Be Scaled Neil Ball discusses How To Build An Online Business That Can Be Scaled.
Neil Ball looks at the traditional business model and its limitations, affiliate marketing, internet marketing, and network marketing.He also looks at how Affiliate Marketing and Network marketing can be combined to produce business that can be scaled.
Video Transcript Below
How to build a business that can be scaled – Video Transcript Below
Hello, its Neil Ball, your online marketing coach from www.WorkWithNeilBall.com
I am going to talk about building a business that you can scale, to make money in a traditional business, you need to be able to leverage the effort of others, otherwise you will be limited by your own time limitations and output limitations. Whilst you can also use automation to use your own productivity, eventually you will hit a limit. One way around this is to use the internet. Which will allow you to take suitable products and services to the mass market, in a way that previously would have been unaffordable. But without employing the help of others either as employees or by outsourcing, there will be limits. And none of this takes into consideration the effect on your lifestyle of working yourself to death.
One creative alternative is affiliate marketing, which is a type of performance based marketing which a business rewards the affiliate for each visitor or sale, brought by the affiliates own marketing efforts and expense. Affiliate marketing overlaps with other internet marketing methods to some degree. Because affiliates often use regular advertising methods. Those methods include organic search engine optimisation, or SEO. Paid search engine marketing. Pay per click, email marketing, content marketing, and in some sense, display advertising.
Another creative alternative that has been around for a number of years is network marketing. Which creates a leverage for a large number of people, successful in network marketing and involves getting thousands and thousands of people on a team and earning a little bit from each of those people. The problem is, that if you look at a lot of the people in network marketing that make any money, they are working insane hours. They are constantly on the phone and they are always doing three-way calls. It also often involves tying to friends and family and anyone that you have met over your lifetime, which many people don’t like doing. Network marketing is an industry that will change your life. It has changed many people’s lives. Affiliate marketing can do the same, the internet can do the same.
Building a business that you can scale has very little to do with time, and effort that you put into it. But it has everything to do with the financial metrics. That is the reality that very few people understand in business. Alright so if you combine the two models of network marketing, and affiliate marketing together, you have got something that is a workable engine. That can give you anything that you want in life because if you think about it, you are combining the advantages of network marketing with affiliate marketing. You don’t have to employ lots of people, but you can scale the business. So that you can produce the level of income, potentially that will allow you to have the lifestyle that you want without having to work insane hours. Such a model, you would be able to work that model online or offline. There’s really no limit to the number of ways you can actually market a business like that. You could work it full time or you could work it part time. It’s really your choice and ultimately, the ideal would be to work it part time. Earning a full time income, so eventually it will replace your existing income so that you can get out of whatever you are doing. Or you can make a tremendous amount of money, full time and work a lot of hours. I want to help you be in more control of your life. I want to help you have a personal breakthrough, and a financial breakthrough. So that you can achieve the goals that you want to achieve. On your terms.
So you have got to do what it takes to get to the top. And you have got to stop being fickle about it. And being attached to your ideas. What you need to do now is, if you are on my website, you need to enter your email address below. If you are on another website, then click the link to my website. That is below or besides this video.
If you can’t find a link, then go to
www.workwithneilball.com/takeaction.
Again, that is
www.workwithneilball.com/takeaction.
Until next time, goodbye.