Spend $100 A Month You Must Be Crazy!
That is how much it cost to own the Inner Circle Membership in Empower Network. I have had a few people since 2011 ask me if the inner circle is really worth the cost. I would have to say to some people it’s not. Let me tell you why.
Some people obtain information and do nothing with that information. While others tend to take the information and try really really hard for about 20 minutes then they give up. In both instances, those type of people shouldn’t be getting involved with anything online.
The title of this blog post came from a phrase I heard Tracey Walker mention in one of the Inner Circle Training’s in the training she talks about what being successful in business really comes down to. It can all be summed up by saying:
If your not making what you want to make you need to increase the amount of financial transactions you are producing
A good friend and one of my business partners always is saying the problem with people online is they are always concerned with how much something cost, rather than how much something can make them.
People get so hung up on how much things cost that they neglect to realize how much money they can earn by getting it.
The Highway Of Financial Transactions
All successful people online have money going out and money coming in. If you don’t have this going on in your business your not making money. If you stop for a minute and think about all the businesses in the world, you should start to realize that all successful business ventures has money going out and coming in.
Financial Transactions Going Out
- Paying for your product(s)
- Paying for the services you use
- Paying for education
- Paying for marketing
Financial Transactions Coming In
- Product Sales
At the end of the day, the only way you are going to get paid is if you are making sales. 80% of your effort should go into making sales, while 20% of your effort should go into furthering your education.
One of the mistakes I have made in the past is I set myself up for failure by not understanding how much money I needed to make to stay ahead of all the cost that occur in my online business.
Sadly, it took not enough sales to cover the cost of my expenses to realize that I was doing it wrong. Understanding the true nature of internet network marketing will help you make the right business model choices..
First – It’s not about how many sales you can make on your front line. Rather it’s how much profit you can make per sale.
Second – It’s not about trying to sign up everyone and their mother. It’s about seeking out the right fit for you and your business.
Once you understand those to factors you can start to create a successful business model that will keep your bank account full of money all the time.
Making More Financial Transactions In Your Business
Let’s get one thing clear, most people who decide to start an online business don’t take a professional approach. Rather they start their business like it’s a hobby.
Tip: If your going to get involved with an online business. Stand behind what you are selling and be proud of what you are doing. If you don’t the people around you won’t take you seriously.