Converting traffic into sales

OK is everyone ready for one of my shortest posts ever?

I talk a lot obout traffic and mentors but what happens when you have done what you need to do to get traffic but no one is joining you?  Well it’s simple, there are 2 keys.

Key #1

Product Demand - Lets face it, if you are marketing a product to join a business then people have to actually want the product.  Lets look at LHN, I market nutritional supplements as part of my business, do you think people want these products?  I can answer that by simply saying yes, otherwise I wouldn’t have a downline like I do.  But what if your business was marketing something people could care less about, do you think you could convert your traffic into sales?  Bottom line, know your audience.

Key #2

Honesty - Look I know everything is automated these days but did you know that your chances of converting traffic into sales greatly increases if you personalize all your contacts with a potential business partner?  Trust me it does.  You need to be reachable to your potential downline and be honest with them.  If your business will take them a year to become a millionaire then tell them or in my case I am honest about the fact that it takes a few months to build the residual income.  Two months ago I was at $3200/month in residual income and this month I am up to $3800.  Now the $3200 took me about 6 months, the first month I was at $100 and then I progressed from there, but I believed in the product and business and stuck with it and now I am rewarded for doing so.

Thanks for reading,

Michael Spence

More thoughts on mentors

It is never easy to start a business. When you really stop to think about it, there are many tasks that need to be accomplished on a daily basis to “get it all done”. When you start a business, you may be an old pro at the business world, or you could be a complete novice. Whatever level you are on, you may find that you need help—and mentors in business may be just the answer for you.

Mentors in business have several goals. First of all, a mentor is used to help give “pep” talks to you. A good mentor can offer you support and advice when you need it the most. You may find a mentor in your exact field, or you may find one in another business field. The important thing is that you find one that has experience with business start ups and one that knows the ins and outs of the business world.

Why Choose a Business mentor?
There are several factors that need consideration when starting a business from scratch. You may worry about money. Even if you got a good business loan, you need to think very carefully about how you budget and spend your money. A mentor can help you do this. Someone who has found success in the business world can offer a world of advice about the pitfalls and traps when it comes to money and the business budget. Remember that money is the first and foremost reason why business fail and are forced out of business. Learn these pitfalls by someone who has been there before you make the same mistake.

Using a Business Mentor for your New Business
Another reason why you may want consider finding a business mentor is that a mentor can give you great ideas for your own business. Say you want to open your very own dance studio in your area. While it may be hard to find a dance studio owner in your direct area willing to share business secrets with you, you may find someone else outside your area that can help you out. They can offer information on scheduling, budgeting, computer software and even dealing with clients and employees. You never know when you will find the perfect information for your business when you rely on a mentor.

Finding a Good Mentor for your Business
Mentors are very popular. With a very good mentor, you will find that you can get great advice and tips and even just support when you need it the most. Learn how to run your business effectively by using the mentor for these exact types of things. In addition, you may even find that a local business group, such as the local Chamber of Commerce or other business association can offer you help in finding a mentor that can help you get the help and information you need.

You can find success with your business. It does take time to get a new business off the ground, but a mentor can help you.

Thanks for reading,

Michael Spence

Passive income opportunities

Thanks to the internet, passive income opportunities are no longer a dream, but can become a reality.  Passive income is income that one does not have to do anything to receive, often meaning owning rental properties or being a silent partner in a business.  Other was to create passive income is through direct sales where the person sells a product and then recruits others to help sell as well.  Anyone recruited into the business is given a percentage of the sales made which helps the person who originated the business to stop selling the product and still make significant amounts of money.  Passive income sales have broadened as the internet grows, helping passive income opportunities to become easier developed. 

Passive income is often referred to as smart money and it is the preferred method with which the rich earn their income.  Passive income is income which continues to be generated long after the initial effort or work as once the work is done, the pay continues.  Most people earn their living through linear income, which is income that is directly proportional to the effort and time which is put into the business.  Passive income gives both the freedom of time and financial freedom as well.  Money is earned whether the person works or not.  One does not need to create a product that is specifically theirs to earn passive income.  Passive income can be earned off of other people’s products through associate or affiliate programs. 

Passive income is basically income that does not require direct involvement.  There are several types of passive income that many people are familiar with including owning rental properties, royalties on an invention or creative work, and network marketing.  If one wants to earn more, work less, and have a decent retirement, they need to begin creating income streams that do not require direct involvement.  Whether they are just starting a business or continuing to work with an existing business, the sooner they begin thinking about how to shift the business model to create more passive income, the sooner personal and financial freedom can be achieved.

There are several excellent passive income opportunities available online, ready and waiting to be tapped into.  Things to look for in a great passive income opportunity include awesome products or services that many people need.  Many things tend to get more complicated than they need to get so a blueprint step by step system which is easy for anyone to follow is required as is a support system.  It is also very wise to determine if the company is both established and successful as there are many scams on the internet.  These businesses must have up to date marketing materials as most online marketing methods change frequently.  Passive income can be earned quickly, but like anything else that is worthwhile, beginning will take some time and effort.  When creating an online passive income, it is important to remember that great products or services are essential, but also websites, sales letters, support and marketing materials will help to promote the business, thus creating more passive income.

Thanks for reading,

Michael Spence

Business opportunity reviews

Doing Research on Business Opportunities

Doing a little research is surely the best way to prevent the unthinkable from happening.  So many opportunities exist online that advertise one or another way to make money basically for free.  These opportunities are so numerous that it’s absolutely mind-boggling to try to sort through the mess in order to find a few good ones that are actually good business opportunities.  The good news is that one doesn’t have to start from scratch; a lot of people have already bought into all the scams and have told about it online on business opportunity review sites!

Business Opportunity Review Websites

There are many sites online where business opportunity review statements can be posted about all sorts of different ways to make money.  Someone who has tried a certain business opportunity and gotten scammed is likely to post a review of that business opportunity online so that others do not make the same mistake in investing in a bogus opportunity.  While the Internet is the source of so many scams, it is also the best source when it comes to finding out which online deals are scams and which ones are for real.Every time that a new business opportunity pops up online, many people try it out right away.  There are so many people who are willing to try out these business opportunities that one need not wait too long to get the first reviews on a new business opportunity. 

You can expect a business opportunity review to pop up within days, or at least weeks, of the new business popping up on the Internet. Reading the Reviews, Using a search engine is more likely to direct surfers to the actual business opportunity itself, whereas using a website that posts each business opportunity review as it comes available offers links that are useful to the discerning consumer.  Searching a business opportunity on a business opportunity review site is more likely to offer one the information needed in order to make an informed decision than simply looking for the business opportunity through a search engine.

The business opportunity review websites should be read carefully.  More weight should be placed on reviews that are as objective as possible.  It’s quite common to read horrendous reviews online that stem not from a bad business but from a bad relationship that somebody had with that business; this bad relationship could be the fault of the employer or the employee.  Generally speaking, well-written reviews make it more likely that the person reviewing the business opportunity is giving an objective review.  Insult-laden reviews with poor grammar and many expletives should be duly noted, but should only be taken as seriously as the poster considers their post. Common Sense, A last word of advice is to always use one’s common sense when choosing business opportunities to invest in; regardless of what a business opportunity review might say, common sense should always be the first voice guiding
decisions.  Business opportunities that truly sound too good to be true are most likely, but not necessarily, too good to be true.

Thanks for reading,

Michael Spence