Yes. A megapreneur does know something that other infopreneurs, especially newbies, don’t know. One simple, little secret that makes a huge difference. What is the secret?
Most infopreneurs, including veteran and newbies, go into joint ventures without any leverage and end up not getting very good results. Because of this, they tend to think joint ventures don't work very well. They simply don't understand the concept of leverage sufficiently. Joint ventures rock for megapreneurs! Going into a joint venture, megapreneurs go in from a point of leverage, having already leveraged others' assets, realizing huge profits. Their joint venture partner also realizes greater profits as a result. Because of this position of leverage, megapreneurs easily find good joint venture partners. How is leverage built? Well, there are three key components needed to build good leverage. All three are crucial. They are; own your own product, own your own affiliate program and own your own list. These three combined form the basis of leverage. The reasons for having all of these will be discussed individually below.
- Own your own Product. It is very important to own your own product because it gives a decided advantage in the marketplace and more flexibility in negotiating joint ventures. Selling other people's products may be a good way for a newbie to get his feet wet, so to speak, but it does not provide the leverage your own product will. And it is easier than you might think to create your own product.
- Own your own affiliate program. This might seem difficult to set up but it isn't, really. You will need a way to pay your joint venture partners and this is the best way to accomplish that. An affiliate program allows you to leverage profits from the work of others. Other advantages to owning your own affiliate program is getting free traffic, free sales and free list building. These are big reason why you should have your own affiliate program. It is too important a factor in building leverage to pass by. You will soon see its rewards.
- Own your own list. Try making much profit without one and you will soon be disillusioned. There is a mantra echoing all over the net – The money is in the list! It is very true and cannot be said too often. If you want money, own a list. With a good responsive list, you make the rules. The list will, again, provide free traffic, free sales, and result in the list growing by referral. If your list is viral, it can grow to a huge, responsive list.
These are the key factors in creating leverage. Don't think that only one or two of them will be sufficient. It takes all three. You will be amazed at the difference it makes. More detailed information is available through a link on this site. Take advantage of it and you won't look back, ever. No regrets, just powerful leverage. Go from so-so infopreneur to megapreneur in a short time. Don't hesitation, there is nothing to hold you back. Go for it! Soon you will be rocking the net with your own powerful leverage.
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