"P" Your Way To Online Business Success With Great Profits!
© 2007 Jeff D. Schuman
http://www.Team-Schuman.com
Article 7 in a series of 7!
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Jeff Schuman here with another article on making money from the
comfort of your own home with my Amazing Sales Formula and
Internet Marketing!
As a business person our ultimate goal is to be in business for
ourselves to earn a profit!
Basic Accounting 101 states that Income(-)Expenses=Profit!
I don't want to get into what makes up expenses except to say
that you will have fixed and variable expenses when you operate
any business.
The nice thing about operating a home business is that you are
able to eliminate most all of your expenses compared to a
traditional business.
That right there is the single biggest reason you can be in a
profit mode almost from day 1. You do not have to incur alot of
expense to create an immediate income.
When you look at the other 5 "P's".........
1. Product
2. People
3. Price
4. Promotions
5. Persistence
you really begin to understand how it is that so many new
businesses fail in the first 5 years. There are alot of
variables that go into the 5 "P's"!
The American Dream of Free Enterprise is founded on the
principle of FREEDOM of choice! You get to choose how you run your own business.
You make the decisions. You put your neck on the line everyday!
That is becoming a worldwide realit thanks to the internet!
Internet Marketing or making money from the comfort of your own
home is no different. We get up everyday and put our neck on the
line to fulfill our "DREAM" of making money from the comfort of
our own homes.
The nice thing about running your own home business is that you
are able to eliminate most of your fixed and variable expenses
and still create a very large income on an ongoing basis!
There is one big difference between an Internet Marketing
Business and a Traditional Business.
To make a profit in internet marketing you have to become very
good at advertising and promoting on the internet! If you can
create a system for promoting your products without incurring a
large expense than you are off to a great start.
As your income increases then you can re-invest some of your
profits into more advertising and promotions to increase your
business even more.
This is not an exact science, but as you get better and better
at it you will begin to get your own system almost down to a
science.
One of the greatest marketing books of all times is "Scientific
Advertising" by Claude Hopkins. This is a masterpiece that has
withstood the test of time.
Drop me an email! jeff@eam-schuman.com
Put Scientific Advertising in the subject line! Please include
your name and email address! I will send you a FREE eBook copy
of this Great Book!
You can be in a profit situation from day one with many products
and programs you join. This is why I like selling products
online. There is very little upfront money required and I can be
in a profit situation almost from day one.
Did you get that?
Many of you are still looking for a way to make money with your
own home business. I am here to tell you that you can do that
with a telephone and your own computer.
With many programs today you don't even have to pick up the
phone and call anyone! That really just leaves the monthly cost
of the your internet provider and your time as your only 2
required expenses.
With a couple of sales you are in a profit mode.
With referral programs that cost money to join a number of those
now make it possible to recruit affiliates to help in covering
the cost of the program itself.
"Recruit 3 and Yours Is Free" is a catchy phrase I see all the
time. Why? Because the commissions you make on the sale of 3
products is equal to or greater than the cost of the program
itself.
Host4Profit ,
Aweber ,
Submit Your Article, and hundreds of others all use this concept.
If you are willing to put in a little work then you can get the
products and programs you join for free. This is a very fair way
to run an online business.
So to summarize GREAT PROFITS I look at every business I join
with this bottom line.
* What are my start up costs?
* What is the market for this product?
* How long is it going to take me to create enough income to
cover my monthly expenses!
* How long until I recoup my start up costs?
If I like what I see then there isn't any reason not to get
started. The internet makes it possible to be involved in many
different programs at the same time. After you have one program
up and running then you can join and promote a new one.
I know of people who are involved with and running as many as
10, 20, 30 or more programs at a time! Think about that. Once
you have your own successful system in place you can market any
product you want with a profit and then go on to the next one.
This is a really powerful concept when you comprehend it!
Not easily done......but with alot of hard work and some
business smarts (experience is the best teacher) you can be on
your way to running your own PROFITABLE home business!
I hope you have had a chance to read the past articles on "P"
Your Way To Online Success! If not view them online here:
http://www.team-schuman.com/articles.html
My intention has been to challenge your mind to the possibilites
we all have when it comes to internet marketing. Apply the 6
"P's" of The Amazing Sales Formulas and you are well on your way
to making money from the comfort of your own home!
In 2 days we will summarize "P" Your Way To Online Business
Success and The Amazing Sales Formula.
This make money eCourse is an 8 part series. Read more here:
"P" Your Way To Online Business Success-Summary!
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