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Network Training Tip #2: No Shortcuts

Written by Cody
February 9th, 2010

There are absolutely, unequivocally, no shortcuts to lasting success as a young entrepreneur. Allow me to qualify what I mean by this. I am not saying that you cannot build a business very quickly from the ground up. I am saying that you cannot “cheat” or “cut corners” or “stack” or anything else like this and expect to create real, true, lasting residual income.

Content is king? What do you think? Do you like visiting websites that offer absolutely nothing of value? Can you tell when people are only after your business as a paying customer? I certainly can and I don’t like it. You need to offer people a real value if you’re going to succeed as an entrepreneur.

Ask yourself this question: “Do my products or services seem like a good deal to me?” Now of course, since you’re marketing these products they seem like a good deal to you but take away your commission, take away your pay and see if you’d forfeit your hard-earned cash for the very products you offer. Would you? Be honest with yourself. My company has a variety of products and I don’t really care for most of them. Why? Because they aren’t products I would ever buy personally.

Point #1: Market Something You See Value In

I believe content is king. You might dupe one person into buying your product but you won’t get the person’s friends or relatives business. Network Marketing is about building a network! Do you think I’m just talking about your downline? Eh!! Wrong!

Point #2: Build a Network of Customers That Trust You

In most network marketing businesses it only takes a few lifetime customers to retire in the Bahamas. The key here is “lifetime” customers. These are people that believe in your products and will spread the news for you. These people are like walking billboards! A satisfied customer means a lot.

Point #3: Don’t Be Afraid to Wait

Rome wasn’t built in a day. I know you want success but what kind of success do you want? Do you want quick success? You can cut some corners and build a business fast but what happens 10 years from now? Will your business have any integrity left? Don’t be afraid to wait for the right people to come along. I don’t do business with everyone I talk with and neither should you. Now I am not saying you turn down business because you don’t like the color of a person’s shirt. I am simply saying that you should never be selling anything. You have something of value, right? If they want it, they will come and get it. Period.

Point #4: Stuff the Funnel

This is the most important principle I can ever teach you. Learn what it means to “stuff the funnel”. This (in essence) means traffic. Get people to visit your website, pass out business cards, write articles, post on forums, stay active on your blog, run email campaigns, etc. etc. If no one knows about you then no one will ever buy from you. Exposure is key.

In Summary:

I want you to understand that quality is much more important than quantity when it comes to who you do business with. However, when it comes to marketing the opposite is true. Studies show that between Company A and B the company that comes out ahead is the company that gets out there in a big way first. Your products will never be perfect. Your website can always be tweaked. That flyer will look hideous to you a year from now. Just get it out there and stuff the funnel.

Cheers,
Cody

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Marketing Tip #2: Market With Risk

Written by Cody
November 12th, 2009

I’ve been playing Risk a lot lately. And I’ve learned a valuable lesson from it – create an army and blast the competition.

You don’t even need to know how to play the game of Risk to understand this concept. The idea is simple. Focus your troops in one territory and then drive into the next… and the next… and the next… before you know it you have dominated the playing board. So how does this apply to your personal marketing strategy?

I thought you’d never ask.

Pick a product and focus all your resources on pushing that one product everywhere you go. Cragslist, MySpace, FaceBook, Blogs, Articles, Squidoo Lenses, etc. Blast your product into the marketplace with everything you can muster and guess what happens? A lot of those advertisements won’t make it. Someone will flag your posts as spam, a site will close down, a blogger will delete your comment etc. However, certain posts will remain. Reinforce and do it all over again.

This really goes back to the law of averages. Most people aren’t successful marketers because they aren’t talking to enough people – they don’t have enough exposure. This is a great way to get more exposure. Let me break this process down for you with 6 simple steps.

  • Step #1: Aim. Choose one product you want to push.
  • Step #2: Focus. Choose a website, email or phone number you want to drive your responding traffic to.
  • Step #3: Make Time. Create an empty weekend or evening and set aside several hours.
  • Step #4: Target. Create a physical or mental list of places you wish to advertise online.
  • Step #5: Attack! Open fire. Post any and everywhere it is allowed.
  • Step #6: Repeat as desired.

A closing thought – I am not advocating SPAM. What I am advocating is the ageless principle of averages – sowing seed. Some seed is going to last and some is not. (Some will actually bear fruit!) The key is not to get caught up in the “managerial mindset”. Don’t focus on the details so much. Look at the whole board, and let me know how this strategy works for you.

Remember, the more seed you sow the more rewards you will reap. Marketing is a numbers game. Some will, some won’t, so what? Someone’s waiting to hear from you. Someone is waiting for a product just like yours, right now. Happy marketing, soldiers.

Cheers,
Cody
cody@retirebefore25.com

Looking for winning products to market? Send me an email or call me at: 214-682-5331 for more information.

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Earn Residual Income Online

Written by Cody
November 5th, 2009

Since you found this how-to article I’m assuming you already know what Residual Income is. If you’re not so sure then take a quick look at my explanation in the article, “What is Residual Income, Anyway?”

There are thousands of online ads and websites dedicated to creating a residual flow of income. Many of these ads and websites represent a handful of legitimate companies which offer residual income, while some do not. The truth is, residual income does exist and you can have it for yourself if you find the right company with the right product for you.

I am not here to tell you that my company is right for you. That would be ridiculous. There are far too many factors in this equation to make such a blanket statement. So I will do what most marketers are terrified of doing. I will direct you to outside information.

The companies I am about to list are known for creating real, lasting residual incomes. Some of these companies have been around for a long time and some are fairly new. You will find a lot of variety here. Pick the company that you’re most excited about. Because you’re going to need enthusiasm to succeed. Residual income is not easy to create, if it were, everyone would have $100,000 a year flowing into their bank accounts whether they worked or not.

Earning a residual income online is entirely possible. But it isn’t even close to being easy.

Network Marketing Companies Known to Pay True Residual Commissions

  1. Zurvita – Various Products & Services
  2. Mary Kay – Cosmetics
  3. USANA – Health Supplements
  4. Ignite – Energy
  5. AmeriPlan USA – Dental & Health Discounts
  6. MonaVie – Health Drinks
  7. Ambit – Energy & Electricity Service

DISCLAIMER: All of these companies have been given mixed reviews. Network Marketing itself is under constant scrutiny. You will find good and bad reports concerning each company. Please understand that I am not involved with any of these seven companies listed except Zurvita. I have furnished this list as a help to those who are seeking true residual income. To the best of my knowledge I believe that these companies offer a true and lasting stream of residual income.

Cheers,
Cody Miller
cody@retirebefore25.com

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What is Residual Income, Anyway?

Written by Cody
October 1st, 2009

Part 1: Basic Principles

What is Residual Income? Residual Income is income that continues to come in month after month, year after year, even decade after decade in certain circumstances, whether you work or not.

How is it possible? Residual Income works in business models where the customer “subscribes” to or “enrolls” in a product or program on a weekly, monthly or annual basis. (Example: Cable TV, Magazines, Lawn Service, Health Insurance, Electricity, Cell Phone Service, etc.) The customer enjoys these services on a “subscription” basis and someone is getting paid for it.

How Can I Get Some? You can get a type of residual income any number of different ways. The key is that you need some sort of service or product to offer the consumer. This product or service needs to be something that the consumer truly “needs” or greatly desires every single month / year. It needs to be of value to the consumer and it needs to be priced competitively.

The best way (in my opinion) to get started on your way to residual income is to find an established company with necessary and/or otherwise useful products for you to market. This way you don’t need to maintain anything, you’ll simply take your “cut” for having marketed the product. The third party vendors are the ones who will be responsible for rendering services / sending products to the consumer, etc. This is what is known as a residual commission. You do the work one time and the corporation or company will pay you residually. (Read: Indefinitely, until the customer cancels the service / subscription.)

Part 2: Leverage

The Power of Leverage - Wrench

Now that you understand the basics let’s get into some of the deeper concepts regarding the power of Residual Commissions.

I was working on my car the other day, I needed to change some brake pads. To do this I had to remove my wheels, which meant unscrewing the lug nuts. The thing about lug nuts is – they’re on there pretty tight. (And for good reason, these are the things that keep your wheels from just falling off while you drive!)

This would have been a tough task with a standard ratchet – as a matter of fact I attempted it with a regular old ratchet and it hardly worked. So, I went out to Autozone and grabbed myself what’s known as a “breaker bar”. A breaker bar is nothing fancy; it is a long bar with a tip like that of a ratchet on the end. You can attach whatever socket you need and simply go to work.

With the breaker bar I was able to remove the wheels in no time. It took minimal effort on my part and after everything was done I was able to safely and efficiently tighten everything back up. (So my wheels won’t fall as I drive away – as mentioned earlier.)

Please do not miss this point – leverage makes things easier. Network Marketing employs leverage within its business structure. How many products do you think you can market every month? 1? 3? 10? With Network Marketing you don’t need to market hundreds of products personally to see results. You market a few and then you find other people to market a few and they find a few to market a few and soon enough the few become the many and soon enough you have a substantial residual income flowing into your bank account every single week, month and year.

For more specifics I’d encourage you to contact me directly via email or phone. I would love to spend some time with you discussing these principles.

Cheers,
Cody Miller
214-682-5331
cody@retirebefore25.com

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Qualities of a Young Successful Entrepreneur

Written by Cody
August 25th, 2009

Contrary to popular belief, success is not measured in dollars signs. As far as I am concerned you can be making more money than Bill Gates and still remain unsuccessful as an entrepreneur. What am I talking about? I’m glad you asked. You see, some people are so interested in money, money, money that they miss the entire point. The point of success as an entrepreneur is freedom. Period.

If you’re trying to become an entrepreneur to show the world how “successful” you can be, then I am sorry friend but you’ll never be truly successful in life. In the words of John Candy from the movie “Cool Runnings”, “the thing about an Olympic gold medal is… if you’re not enough without it, then you’ll never be enough with it.”

Money doesn’t make people successful – successful people make money. Success is a mind-set, a worldview, an outlook on life. Success is that part of you that always wants to believe that the glass is, indeed, half-full. It is belief in yourself and others.

So, What are the Qualities of a Young Successful Entrepreneur?

  • Determination – Never quit but be willing to readjust to changing circumstances.
  • Vision – Maintain long-term goals and dreams for you and your family.
  • Perseverance – When the going gets tough, the tough get going.
  • Humility – Develop the attitude of a servant.
  • Activity – “Faith without works is dead.” Put some action behind your ambitions.

For continued reading I highly recommend the book, “The Seven Habits of Highly Successful People” by Stephen Covey. For more information on me and my business you may contact me using the information below.

Cody Miller
214-682-5331
cody@retirebefore25.com

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First Steps to Success

Written by Cody
March 26th, 2008

Hey guys,

I got my first check today: $100. Not a bad start I’d say. I rather like this Young Entrepreneur thing… :)

I’m hoping to have another video up soon and I’m still working on this page so stay plugged in and tell your friends about the site!

Cheers,
Cody

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