Monday, November 26, 2007

Money Making Reality Check

hundreds of affiliatesAs most of us know a good source of income can arrive from introducing other bloggers and webmasters to the various affiliate and money making programs that we join. There is usually a percentage bonus based on what these people earn.

This is great because it is virtually unearned income but, at the same time, it's where a lot of people also get disheartened.

There is a truth that not many affiliate programs want you to know. This is the fact that most of the people you introduce will do either no business at all or very little.

This doesn't reflect on the affiliate program. It's simply how things work out in any selling niche.

This may sound negative but it shouldn't. There's not a lot you can do about human nature.

What you have to do is to try and introduce as many people as possible and make this as important as selling, or getting clicks, for whatever the products or service is.

Once more this is a numbers game. The more people you introduce the more likely you are to hit on the one or two who will actually produce an income for you.

Before I was self employed and published magazines I was a manager for a finance and credit company and had a team of around twenty sales men and women.

Out of these twenty there would normally be one real go getter who would smash sales targets, win prizes and do a mountain of business.

After this there would be four or five who did okay and then things deteriorated with the moaners at the bottom of the pile - who would have many excuses as to why they hadn't done well.

And this is how it was, no matter how you swapped personnel.

It was the same when I was involved with multi-level marketing. Sign up dozens of new distributors and only a couple would do any worthwhile sales.

Saying this shouldn't put anyone off from trying to get new affiliates, agents or whatever you want to call them. It's simply meant as a reality check.

If you keep going what you will eventually get are one, two or three really productive people who will earn you a good income. They are out there but you have to wade through a lot bodies to reach them. Once you do the cash tills will start to ker-ching.

Always play to your strengths not your weaknesses. If you get someone good and there is a way to help them then do so. Forget the strugglers as it's doubtful that, however much effort you put in, they will make you anything worthwhile.

It's a sad fact but, in all walks of life, there are winners and losers. Sign up a few winners and the world is your oyster - and other such cliches.

Good luck,

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Source: Mike's Money Making Mission

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