The Secrets Of Growing An Online Business Or Network Marketing Business

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The Secrets Of Growing An Online Business Or Network Marketing Business

Hello its Neil Ball your online marketing coach from www.WorkWithneilBall.com
I am going to talk about the secrets of growing an online business, or Network Marketing business or an MLM business by leveraging the power of the internet. I will be talking about some of the key components that are needed to scale your business.
At the end of the video I am going to discuss something which is a solution to everything that I am about to discuss with you.

The first thing is Education

Knowledge is power.

It is very important that you continue to educate yourself. If your current level of knowledge and education is not producing the level of income that you want and deserve, then you need upgrade your thinking. This is obvious because your best thinking up to know has only got you to where you are in your life right now.

Therefore, I would recommend that you invest at least 10 per cent of your income back into your own education. So when you pay yourself the best thing you can pay yourself with is education . You will not get a better return on your money from any other kind of investment than investing in your own education . It pays to invest in learning about what you don’t know, but what you need to know. By doing this, as you educate yourself, and you keep reinvesting in your own education your income will grow with your knowledge.

So for example if you make £1000 or $1000 gross profit then you should invest at least 10 per cent of you income in educating yourself.

Secondly Marketing is very important

So the next thing that you should do is invest at least 20 per cent of the income that you generate from your business, and invest it back in marketing. This should be 20 per cent of the total income that you generate before you pay out any of it. Not after you have paid out for anything. You should then take that money, and scale your marketing, and also experiment with different types of marketing, to find new ways to increase the amount of business that you are doing. Spend the money on something that you may have wondered ‘what would happen if I did that’ – well invest your 20 per cent and try it. Maybe you want to try doing solo ads with someone who you haven’t used before . Or maybe you want to try some banner advertising on a particular website. Whatever is just try it. If it doesn’t work then you will know not do it again. By repeatedly doing this you will also find things that do work and generate leads and sales which will increase your income.

You should view this commitment to investing in your business, not as a cost or expenditure but as an investment in your business. You should not see this money as coming out of your pocket because you are taking it out of your revenue. You shouldn’t be putting that money in your pocket in any case. By adopting this business philosophy it becomes part of running your business.

By adopting this strategy and putting the money back into the expansion of marketing your business, you will be amazed at how quickly you get good at direct response marketing.

To illustrate this if whatever you are marketing makes you £1000 or $1000 gross profit, you will reinvest at minimum of 20 per cent of that, back into doing some more marketing. That’s before you have paid out for anything else.

By doing this, and regardless of whatever your current online income is, if you want to increase your current income, by following the strategy I have outlined, you will be able to achieve your goals.

To make all of this work you need to have something that will pay for your marketing. It’s not possible to pay for marketing that has not paid for itself. This is obvious. If you spend 1000 and only get 750 back, then you can’t keep going like that. You may be able to sustain this once or twice, but eventually you are going think to yourself, there is no point in this, I might as well keep the money for myself, because you are losing money every time.

On the other hand if you spend 1000 and get 1500 back then you have something that you can possible scale. When you find this you can take the profits from your business and you can reinvest into it, and you can create a powerful marketing engine. Then you should be saying to yourself how quickly can I spend 10000 because then you will make a lot more money.

To make all of this work you need to have something that is going to bring a lot of money in. This is where the power of Network Marketing comes into its own because you can create leverage with a large group of people . By doing this it is possible to get many people on a team and you can then earn a small amount from lots of people. Network marketing is not a get rich tomorrow scheme if that is what you are thinking.

Direct Response

The other thing that you need in the mix of your marketing is Direct Response Marketing. If you don’t know what Direct Response Marketing is it is the marketing that is designed to create an immediate response from consumers. The key to Direct Response Marketing is tracking and measuring where your responses are coming from. And which adverts generated the response. With Direct Response Marketing, if you have a large email list that is responsive, you can potentially make a lot of money, virtually on demand, by sending an out an email.

If you combine the Network Marketing model with the Direct Response model then you create a workable engine that is a real powerhouse. The effect of this that you will start recruiting into your business more often and your residual income is going to go through the roof. If this is done right it can be life changing and create you dream lifestyle.

It doesn’t matter what you are promoting in the Network Marketing opportunity, it could be vitamins or other health products. Or it could be affiliate marketing business. There are many great opportunities out there. Network Marketing , Affiliate marketing and the internet provide great opportunities that can change people’s life’s. What is important is that you put enough energy, effort and attention in to get success. But you need to have all of the right components in place, or you will end up chasing your own tail. People are always looking for the secret. Well the secret is right here. It is straight forward. You need an up front engine that will generate enough money for you to be able to spend on your training and marketing. Allowing you to try different things and reinvest back in your business, so that you can scale your business.

If the things that I have discussed up to now sound like what you need in your business, or if you are looking for an opportunity then I have something that will provide the solution that you need. Whether you need more training to sell other products or Network Marketing products, or if you are looking for an online opportunity that will allow you to do everything that I have talked about up to know. Before I get to that…

The key to everything is to have the money on the frontside of your business so that you can do whatever you want. If you are looking for an online opportunity then what I am about to introduce to you has more money on the frontside of the business. Most people don’t have the money to play with at first, because you need money to make money. What is really needed is not having to take the money out of your pocket in the hope that you will get it back. What everyone really wants is to have a daily cash flow that comes to you straight away allowing you to reinvest it in your business. By having the money coming in quickly on a daily basis, you are then able to reinvest it and advertise more. By speeding up your cash flow, you will have more income to spend on advertising, which in turn will lead to more business. Essentially this will fast-track your success to wherever you want to be, and where you deserve to be. As you are more successful you will free up more time in your life allowing you to do more of what you want to do, with the people you want to spend time with.

One thing you need to bear in mind with any system or method of marketing, you need to make sure that you follow the system to the letter. If you don’t then you might find that you only get incremental results. With any system there is never a guarantee that you will make money. Some people do and some people don’t. It really depends on the commitment of you.

Now I know that society may have programmed you to resist anything new. I know you may be programmed to have a pessimistic attitude. I know that you might think that anything new sounds like a scam. But your small thinking, may be affecting your ability to improve your life.

The information that I have for you will allow you to educate yourself with the information that it provides. You can use this information to promote products that you are already promoting.

But it also provides an online business opportunity that allows you to make enough money upfront and you will get the money you earn quickly so that you can reinvest in your marketing. It also works great with direct response marketing. Like any system some people are making a lot of money with this opportunity, some make a bit of money, and some don’t make any. It all depends on the commitment, dedication and determination. If this sounds like something that you would like to be involved in and you think that you have what it takes then go to

www.WorkWithNeilBall.com/TakeAction

And when you get there, enter your email address follow the instructions and sign up for the offer. When you have done that let me know, and I will arrange to have a free 20 minute call with you, to plan your online marketing future success.

You will receive an email with my contact information. Just send me a friend request on Skype. Again to get started today go to

www.WorkWithNeilBall.com/TakeAction.

I look forward to talking to you soon.

The Secrets Of Growing An Online Business Or Network Marketing Business