Monday, May 28, 2012
Residual Income - For The Love Of Money
Just how far will people go to make money online?
A very long way especially if they have a strong desire to do so. As a MLM Mentor, I can only relate what I have seen people promoting on the internet. With all the scams that's out now, and with the economy the way it is people are searching for ways to make extra money. Most people turn to the internet and what do they find "Scams and Hype."
It's the lure of easy money that entraps people, the people who are perpetrating these scams toys with people's emotional state of mind and convince them with all the hype that their business opportunity can make them thousands of dollars in no time flat.
This is not the case at all, it takes time to make money online. YOU can't make $10,000 in 30 or 60 days. These scams on the internet are so elaborate that people believe in them, and decide to get involved not realizing that this will lead them down the wrong path. This is not the path to success, and in a few months they soon find out and have moved on to the next so called business that they find.
I have a little story I would like to share with you about how people get caught up so deep into the hype of these programs, and then they believe the lies so they are actually setting themselves up for failure by making plans to have residual income and the worst part is they get their friends involved in what they are doing and they don't know that it's not going to work for them or their friends. The only thing that could happen, they might lose the respect of their friends and maybe their friendship as well especially if they lost their money.
This is a story that is clearly an example of what happens when you don't possess the skills to find the right business opportunity, and the result is not good at all. In fact it could be very devastating for some people.
A man named Rick, and he is a good person, treated people right and everything. The only thing that Rick had a problem with was his paycheck each week. It wasn't enough to make ends meet. So after a long time of thinking it over and over in his mind, he finally decided that he had to do something differently. He decided that it was time to take action and make a change.
This was a very big decision for him to make, he decided to set out searching on the internet. He believed and figured that he could find a good business opportunity that would finally get him ahead in the game. He looked and looked and finally he came across something that appeared to be what he was looking for. After carefully going over all the information on the website he decided to move forward and invest his money ( which was $50 to get started). He signed up and the one thing he didn't realize was that he needed skills and training to know how to evaluate a business opportunity. He tried reading his policies and procedures and had a hard time understanding the jargon they were using, so he decided to trust what he saw on their website without reading the policies and procedures all the way through. By not reading all of the P&P's completely he didn't know if the company has integrity or how will the company help him to grow his business. This is very important to know before you join.
Rick didn't realize that he would have to pay $50 every month, and he didn't evaluate his compensation plan to determine the amount of money he desired to make in his business every week. Also anything that he did must be duplicable for others who would join him. All the company told him to do was drive traffic to the website and advertise everyday.
Rick proceeded to work very hard at getting people to the website. He told everyone about his new business opportunity. He did pretty good at marketing and talking with people. He had a lot of friends that were interested in making money online. In one week Rick had managed to get 5 people to join and he tried to calculate his weekly check and couldn't really understand the percentages, he thought it would be a great amount based on what he had done so far and the one thing he didn't realize is that he would not get any of it yet. After checking his business account and seeing what was there, he made a call to the company and Rick learned that he would have to wait until he reached a minimum amount before he can get access to it.
What happened to Rick? I will share with you in the finale of Residual Income - For the love of money
Mentor with a servant's heart
"Live and learn in the now"