Why I Love Multiple Streams Of Income
by John Colanzi
I love multiple streams of income. Especially
when it's residual income.
Once you've built your opt in list and have
started driving traffic to your site, it's as easy to diversify
your promotions, as it is to promote a single product or service.
It doesn't matter how good your main program
is, not everyone will be interested. By adding extra income
streams, you've got the chance to pick up a few extra sales.
When adding programs, you'll find some have
better payouts than others. That's to be expected.
But even a program that doesn't pay as well
as your main offer is added income you would normally miss
out on.
I remember a seminar I once attended where the
speaker was talking about money. He started lining up bills
on the table.
He positioned a one dollar bill, a five dollar
bill, and continued adding each type of bill until he
eventually added a one hundred dollar bill.
He arranged on the bills in a row and them turned
to us and asked, "Given your choice, what would you take
as payment."
This seemed like a no brainer and everyone answered,
the hundred dollar bill.
The speaker smiled, scooped his hand across
the table and grabbed them all. He smiled and said, "I'll
take them all."
He next asked, "Why would you leave money
on the table?"
Marketers do that all the time. They leave money
on the table, because it may not sound like much at the time.
Everybody is so interested in grabbing that
one hundred dollar bill, they leave money scattered all over
the net.
Think about it.
I have some programs that only pay me $100 a
month, but it's steady each and every month. It's an extra
$1200 a year for simply adding a link to my new subscriber
welcome message.
Add that to the programs paying $200, $300 and
up and we're talking thousands of dollars for doing nothing
extra.
Go to your bank and buy some cd's. See how much
you'd have to invest to get $100 a month.
Even better yet, find out how much you'd have
to invest in the stock market to get $100 a month in dividend
checks.
On the other hand, you can get that same $100
just for adding a simple link in your emails or on your website.
The best part of it all is you don't have to
take any cash out of your pocket to do it.
Start grabbing those multiple income streams
and stop leaving money on the table.
Let the other guy or gal send out those canned
emails saying they're making $10,000 a month from that new
fangled, whiz bang program.
I'll let you in on a secret. Most of them haven't
made a dime.
Wishing You Success,
John Colanzi
http://www.thesimplesystem.net
Copyright (c) 2003 John Colanzi.
John Colanzi has shown hundreds of webmasters
how to join the ranks of the successful. John has a special
report just for you. "How To Build Your Downline
Wide Fast." http://www.johncolanzi.com/downline.exe
