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I decided to write this article because I have seen far too many people who are desperately trying to make money from home, fail miserably, and I thought that maybe this could help some newbies...read more
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How To Build Some Stability In Your Monthly Online Income
By EvelynLim
You have just started an online business and sitting around hoping for the click-thoughs to happen. Then you start getting impatient as the cash inflow is not as strong as what you have hoped for. In fact, if there is an income, it can be pretty irregular. You are ready to conclude that it's just not possible to rely solely on your online business to pay your monthly household bills. And you're also about to give up altogether the idea about quitting your full time job for your
online business.
But hang on…you read somewhere that statistics show that prospects need to visit your website at least 7 times before they click over to buy. You realize that it takes some time to build up your subscriber or customer base for there to be some kind of stability. So what concrete actions can you take in the meantime?
Think about the advice that you have been reading from top gurus like Robert G Allen (author of best selling book "Multiple sources of income"), John Milton Fogg (the greatest networker in the world) and Joe Girard (the World's greatest salesman). All espouses the same theory on finding stability through multiple sources of income.
Therein lies your answer. You need to build a steady monthly income through multiple sources that you can depend upon without working much harder for it. Now how do you go about this?
Simple. Promote quality membership sites. Promoting quality membership sites allow you to earn commissions every month. You can rely on the quality site to do all the "hard sell" for you. All you need to do is to refer people to it.
The problem is that there are so many membership sites and it gets confusing as to what to choose. After plenty amount of analysis, here are three basic criteria when you choose a membership site to promote:
* It has to be a quality site that provides lots of content and that is able to sell itself well.
* The site updates itself with fresh content regularly and has strong reasons for members to remain as members.
The site is a powerhouse of resources and tools and offers a simple 5 level system, with no limit to the number of direct referrals you can have. With this type of system, your income potential is unlimited.
Obviously, choosing membership sites that relate to your first online business will be a good idea as you can maximize your promotion efforts more. If your membership site relates to your first online business and when you write promotional articles, just include links to point to both sites.
There you have it. Less work for possibly more income. Paying the bills and sleeping at night just get easier.
About the Author
Evelyn Lim is an online business entrepreneur. She publishes a free weekly newsletter "Mapping You to Success" for aspiring e-biz owners. The aim of her publication is to equip readers with skills to acquire multiple sources of online income. To subscribe, please visit http://www.e-BizMap.com .
