This is a huge topic and is one that you must completely understand. Otherwise, you will get ripped off and lose a lot of money. Let me explain what multiple streams of income are and what they are not. Multiple streams of Income are a concept that many millionaires use to have many revenue avenues. Michael Corcoran, who was the founder of the first multiple income stream marketing system on the internet in 2001, would agree with this concept.
When this multiple income stream system was founded, Mike never imagined how those so called “guru’s” would take take this concept and use it against people to rip you off.
Autopilot, you see that word spread out on the internet like a wild fire. The concept is great but what the gurus like to have you believe is buy my program or service and It will make you a gazillion dollars overnight. You must master one business at a time and in the process implement the autopilot aspect of it when the time and your budjet is good for you.
If for example over many years you have developed the strategies from above, then it would be a good time to implement a third or fourth business to the portfolio as long as you maintain your original businesses.
Basically when your jumping from program to program you’re being suckered in to all the false promise and hype up claims. Now don’t get me wrong, there are some really great programs out there but we have to also factor in that 95% of people joining these programs are being miss lead and left in the dark when it comes to being successful in this business.
I know several people, who on the outside look great, but jump ship every two months. They put together training packages, marketing tools such as capture pages and auto responders, professionally written letters, etc. They look like a leader until you pay them $1000 for program A, then another $1000 for program B, the $1500 for program C and so on. Pretty soon, they are rich, you broke and left to fend for yourself.
Use your common sense out there. Do your homework before you join anything with anybody. The first question should be, What else do you promote? What have you tried. How many have you tried this year? Last year? If they do NOT have a stable track record, run for the hills. Think about it. If you were an employer and wanted to hire an employee and you get an applicant that has had four jobs this year alone, would you hire them? NO Way! You know that by the time you trained them, they would leave looking for more money! Isn’t that right?
So take your time and review it look at what they have to offer. Is the payout good like 100% like it should be? Does the product or service have value? And is there lot’s of training and support?
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