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Featured Article
Leverage In Your Home-Business, Guarantees Success
Jeff Coach
"Give me a long enough lever, and I'll move the world."
~ Archimedes 287-212 B.C.
Successful businessmen use their marketing experience, education, money, consistency and hard work. Stalwarts among them however, leverage their limited available time for the highest levels of success.
Most of you may not have all these blessings. Most of you, who want to have a home-business or Internet business of their own, and buy all these know-how books, reports and ebooks, will never make it. From many obvious reasons.
Yet, the good news is: You have as much time available in a day to use as the wealthiest person on earth. You can use your time as the lever in your business and make a fortune.
Let's start from the bottoms up. At the end goal.
Let's say, you've somehow learnt the right skills to earn $50 an hour in your home business. And you did it in a very simple way. So simple everyone can learn it. A 16 year-old, a homemaker or a factory worker. Everybody. Regardless of their background, financial status or education.
Say, you now earn $2000 per month, part-time.
QUESTION:
Do you think that now you can attract people to become your customers, affiliates, MLM distributors, partners? In fact, people who will refer you tons of business? You bet! Loads of them. Wouldn't you?
Say, you have a job, living from paycheck to paycheck, and your good friend or someone on the internet says: "Let me show you a 100% proven SIMPLE WAY of how to start earning $50 an hour, and possibly, much, much more down the road?" You'd shout: "SHOW ME THE MONEY!!!"
THAT'S CALLED LEVERAGE.
You'll have tons of people who would beg you to teach them the business. So much so, that you will be able to choose the most open-minded, teachable people who can follow directions, and are sure to succeed, regardless of their background.
Like I do. I only work with the most suitable people who qualify, by going through a 3-step screening process!
The market place doesn't pay for long hours and hard work alone. You get paid for the value that you bring to the marketplace. The ability to earn $30-$50 an hour without any special education or experience, so that it is duplicated by others, is of tremendous value.
The more duplicable your business, the more duplicable will be your income.
"But wait a minute," I can hear you asking, "how do I create such an incredible lever? A $50 hourly income-story?"
VERY GOOD QUESTION.
I cover it in great detail in other articles. But, let me give you some practical tips.
THE GRAMMAR OF MONEY
In online/offline marketing, we talk about cost per lead, conversion rate, gross profit, per average sale, promotion cost per sale and the like.
All these are important. They determine the profit per average sale.
LET'S TALK SIMPLE
But you can even do business without any of these jargon. Let's talk in a way that everyone can understand.
For starters, you want to spend the minimum possible time per sale, including all your efforts inputs like promoting, presenting and closing. Online and/or offline. In other words, you create a high hourly income, so that you leverage yourself fully.
You are now many, many times as powerful and result oriented.
WHAT DO YOU NEED? What do you need in order to earn MAXIMUM PROFIT in MINIMUM possible TIME per sale?
1 BE UNIQUE ... ... so your products or service have a demand, less competition, needing less effort and time to sell, etc Unique, caring after-sale service can create a great leverage.(see #3 and #5 below) Great selling tools. Anything that can differentiate you from your competitors, and more sales in less time.
2. GET YOUR POTENTIAL CUSTOMER'S TRUST ... ... get lots of orders, in minimum time If possible... let them see. Let them try. Let them use. Offer an unconditional guarantee. Build and quote proven, powerful and reputable testimonials. Start building locally, before you conquer the world on the internet. There's great leverage working locally and you can use both online and offline advertising.
3. PROSPECTING ... ... Maximum leads, in minimum time Use time and cost-effective ways to prospect and develop leads. Foe example: Locally: Use brochure holders in stores. Those are "quiet salesmen". Working for you 365 days a year!! (See my article about this incredible tool, how to put 10 holders in one hour, how to follow them up, ensuring an abundance of leads asking for your products.)
Run surveys on the internet, in person or on the phone, to create many more of leads in a short time. One of my favorite prospecting tools.
Advertise carefully on the internet, to get qualified leads in a low budget. Etc, etc,etc.
4. MORE ORDERS ... ... in less time Time-effective ways to PRESENT the product/service and CLOSE the sale.
Use technology to do the talking. Powerful proven selling web sites. Use autorepoder follow-up emails. Powerful teleconference calls. Multi-participants live presentation. Again, minimum time and money. Use ready made tools, at first.
5. MAKE CUSTOMERS SWEAR BY YOU ... ... for repeat business in quick time Great personal after sale service. Ensure product satisfaction and customers' loyalty. So you will create loyal customers, who will place repeat orders, get you referrals, and offer even persuasive testimonials to splash around.
6. KISS! (KEEP IT SIMPLE, STUPID) ... ... it saves time Make sure everything you do is simple and duplicable by others. "Simple" doesn't mean easy. It might take a short time- days, weeks. It might take months. Who cares? You're going to be financially independent, anyway.
7. ENCASH YOUR DREAMS. Be passionate about your dreams. With your "WHY". When the WHY is big enough, the HOW is easy. It will keep you persistent, until ... you achieve your goals.
8. KNOW YOUR PRODUCT INSIDE OUT. Experience your product/service, so that you become knowledgeable, involved and passionate about it. Your personal product story is a powerful leverage to your business. Especially, in case of noticeable and proven results.
9. LEAD BY EXAMPLE. Do everything yourself first, before you do it with others' help. Lead by example!
The long and short of it all is, Make money in proportion to the time you spend. You will then make the maximum profit in the minimum possible time per sale.
Let me tell you a story of leverage.
TOMMY'S MONEY SPINNER
5 years ago, I made a bold claim to my new and young associate. Tommy was 17 years old, when I introduced him to the business. Still a high school student in New-Jersey. I told him, I could generate $100 profit or more within 3 hours ..., anytime I wanted.
And I offered to teach him to do the same. He told me to "Prove it!".
I taught and proved it to him. He earned $1680 in his first 6 weeks. Part time. He worked the business throughout College. Last year Thomas Joseph graduated from Columbia University, and in his last year, he earned over $100,000. Still part-time. Now, young Tommy is full-time, doing the business around the world, using the internet, and is on his way to double his income.
TAKE ADVANTAGE. USE LEVERAGE IN YOUR HOME BUSINESS.
About the Author
Jeff Coach is a businessman, writer, marketing consultant and reputable trainer since 1968. Represents a Multi-Billion dollar International company, doing business in over 50 countries around the world. To see if you qualify for his mentoring program and home-based Internet business, please visit http://www.richering.com
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