September 17th, 2009 | Posted in MLM/NM, Personal | by Michael Hobach
I thought I’d cover this early in our discussion – I have been involved with a number of Network Marketing Companies in the past. I have built a downline of several thousand people. I have earned thousands of dollars per month through Nework Marketing – years ago…
I have several really nice suits and cotton white shirts in my closet.
I’ve taken and written off many vacations.
I even purchased for cash a timeshare in Florida just outside of the Disney properties.
I never worked so hard in all of my life!
Some companies have really wonderful products and I still order Nuskin through my distributor account. Other companies have fizzled and all but gone away. Yet others keep going because they make so much money that they can stay alive.
I was a presenter – I had my laptop connected to a video projector and I stood up there talking to the groups that my downline ‘Invited’ to our presentations.
I did in-home demonstrations – I just can’t tell a woman that she has lines and wrinkles in her face that our product would help!
I told people that it was easy to make the money that I made – that I would show them exactly what to do.
Have you been here?
Pay attention to what I’m going to say for the rest of this post…
If a company has a product that is sold through a distribution channel that requires multiple people to earn a commission – no matter how good it is, it is going to be over priced. Remember that the company makes the biggest profit – then all of the ‘Distributors’ down the line to where the product actually gets to the customer. Whew… hard to imagine the whole $$ thing. You have a $1.00 product that ends up costing the buyer $49.00 because of everyone in between that needs to get a cut.
No matter how good it is it takes a lot of ‘selling’ to convince the buyer that it’s worth it.
Don’t forget the ‘autoship’ product that you have to maintain – $100 of product produces commissions for all of that upline – doesn’t matter that YOU are buying it now does it!
Here is what I really didn’t like about Network Marketing…
My (BIG) income had nothing to do with my ability to sell or market the product(s) – it was directly dependent on how well I recruited, motivated and babied those in my downline.
I stopped counting how many times I heard – "I can’t find anyone to buy this stuff" or "I don’t have any friends who I can recruit"
But this is why I won’t do this ever again – no matter what the product or how close to the top I’m placed. Just never going to happen.
The difference with doing my own thing…
When I have my own company, products, services, etc – I can decide what I’m going to sell today. If wigs that make a woman look like beyonce are hot (look up ‘beyonce wigs’) then I will promote it… if it’s the beginning of the NFL season I want to be able to promote ‘NFL wear’ or Fantasy Football League web sites.
I want to choose what I’m going to sell… something that I know is hot and real people are really buying them!
I don’t want some company to tell me that their product is hot – because that’s what they produce and market – regardless of how cold the market is for their product. Just because they say that their products are needed – it’s the wanted products that I will be promoting!
IMPORTANT NOTE!
Please don’t comment about how the MLM or Network Company that you are with is different. I’ll delete your comment and ban you from this site.
We are not here to promote MLM / Network Marketing as the way to really make money.
To your continued success,
Michael Hobach
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September 14th, 2009 | Posted in General | by Michael Hobach
I’ve been trying to figure out just how to convey all of this information to you. If you’ve been following me for any length of time you know that I just write – what I feel and I really don’t hold much back!
So let me start with the obvious stuff you’ve been bombarded with and why you might be skeptical of the whole concept of making money online…
What’s being beat into our heads
I’m sure that you have heard a lot about affiliate marketing, or article marketing or a number of other concepts for making money online. I’m sure you have seen these new malls that are springing up online supposedly to sell things that everyone is buying anyway… and I’m sure you have seen the Internet version of so many MLM / NM companies…. Right?!
I’m here to tell you in simple terms how to make money on the Internet…
Are you ready to know the simple truth about making money?
I bet you are!
Before I come right out and say it I’m going to attempt to get you to think… I do believe that too many people are stuck – they can’t seem to think outside of what they already know to be true. In other words, if you talk to friends and family you will probably hear them talk about getting a raise… or getting a new job… or maybe a second or third job! That is because that is how they were raised to think – maybe you think the same way.
Ok – first let me tell you that anything and everything that YOU buy or pay for is available at a wholesale price – or it is available from someone / someplace (on the Internet) where they pay you a commission through their affiliate program when someone buys their product or service through your efforts.
You are thinking right now – yeah Mike I know that and next you are going to suggest that I buy something at wholesale or through an affiliate link and then try to sell it on my own web site… Nope! Not what I’m suggesting at all.
Actually I just want you to understand that pretty much anything you can think of has some way of making money from it’s sale.
Someone has to buy something before anyone makes money!
Here is a concept –
You can only make money when someone buys something…
Simple concept right?
So now I’m going to throw something at you again…
If you can only make money when someone buys something then wouldn’t you want to be involved in promoting something that a whole lot of people are spending their money on?
Ok – now you are thinking that I’m about to push to you some specific product that is in high demand…
The truth is that there is no one product or service that by itself can fulfill this need!
I’m confused Mike – what are we going to sell or promote? How are we going to make money online?
Well not so fast – we have a lot of things to talk about first…
For now I want you to think about something that you bought recently that you just had to have! Something that others are buying as well – maybe family or friends suggested this item or service – but the point is that you got online and did some research and then bought one.
Think about the process of finding it…
- How did you look for it?
- Where did you go?
- Did you use a search engine? Which one?
- Is it only available from one company or do many have it?
Start a journal of what you are doing – log search phrases, vendors, where they show up in the search results, etc.
Remember that there is no one product or service that is better than another to make money online.
Remember that there are trends – could you have made money selling rocks when Pet Rocks were the craze? You bet – without even trying!
Remember that what you have to sell may not be what people are buying – to make money on the Internet you must find a product that has people already looking for it – and in mass!
Remember that everything that people are buying has the possibility to make YOU money.
Ok – give me your thoughts on this – don’t ask me to explain this any more than I already have here! Please!
This site is setup to give you, or anyone, the opportunity to find something or some way to make money online.
IMPORTANT NOTE!
I am receiving Emails from those on my list here who think that they have the ultimate way to make money online. To be honest – I don’t want to hear about them. Most are MLM or Network Marketing um… schemes – been there, tried that – doesn’t… I’ll explain next time! Just don’t send these URL’s to me!
To your continued success,
Michael Hobach
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