Ever wonder how the thousands of "under the radar" webbusinesses that earn well over $100,000/year (many withmuch higher sales) out of their own home do it?
Over the last year I've had the great fortune to speakwith many of these true, hidden entrepreneurs at conferences, seminars, and in my own coaching and consulting business.
What I'm about to share with you also came true for me,and is outlined in more detail in my Ultimate InformationEntrepreneur's Success Package over at: http://www.infoproductcreator.com
Here's an example of their business model:
1. Information Products. Without a doubt, each one of the successes I know market their own infoproducts.For some, it's an ebook. Others have special reports.Still others run online coaching programs, membershipsites, paid newsletters, teleseminars, or produce digital audio or video products.It's not their only source of income, but is a MAJORsource of income, and more important, brands them anexpert in their field leading to success with #2 and #3 below.
2. Market related Affiliate Products. Again, in almostevery case, these online success stories become expertsat finding and creating joint venture deals with partners.
But, they work differently than most affiliates.
They start by ALWAYS reviewing the product they will market.Second, they look for a different way to present the product or service - a more beneficial way to show users thereal benefit in the affiliate product. Third, they usethe branding from #1 to negotiate higher commissions andfocus on high commission programs only.
3. They monetize their traffic using Adsense or sellingadvertising on their sites. For high traffic pages where adding paid ads or Google's Adsense will not impacttheir own sales, they will run ads to further monetizetheir sites.
4. Sell their time. You will find that truly successfulpeople online LOVE to help people succeed. But...for every person who is really dedicated to succeeding thereare 10 "tire kickers" who want someone to hand them success on a silver platter. It doesn't work that way,nothing works that way. So, in order to leave time tohelp those who really want it, coaching programs are formed. Yes - you have to pay big money, but you shouldeasily be able to get 10X the value for money spent.
So as you can see, there is no ONE single way to buildyour wealth online.
Instead, you build a diversified, rich and healthy business by focusing on these 4 pillars. Not only willyou earn more money, but your business will be strongerand build momentum faster when you do.
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