Let me explain to you what multiple streams of income are. Multiple streams of Income are a concept that millionaires may use to have many revenue avenues. Michael Corcoran, who was the founder of the first multiple income stream marketing system on the internet in 2001, would agree with this concept. This is a large topic and is one that you must completely understand. Otherwise, you will get ripped off and lose a lot of money.
When Mike Corcoran created the first Multiple income stream marketing system, he never imagined how so much people would take advantage of his concept and use it against you to rip you off. Before we get into detail about the ways these so called "internet Guru's" are taking advantage of you, I'll get into the way it was supposed to be used.
Multiple income streams was created to allow a person to start a business with one company, affiliate program, MLM or direct sales company. It was intended for a person to really master one program, be successful at it for a minimum of one to two years and then add another business to the portfolio when, and only when, no other business but the first was running on autopilot.
There are a number of ways you can double your results. While still running the first business, devoting little time to it because it was running really well, focusing more time and money into the second business to get that one up to speed where it was duplicating the results of the first business. Like, I said, it usually would take a year or two to get a business and multiple incomes up to the level where they were running on autopilot.
If you have spent many years coming up with the above strategy, it is good to go ahead and add a third or a fourth business to the portfolio as long as you maintained the original businesses. It is proven that a person who adds more than one business to their portfolio in less than a year is not focused and says a lot about their character. Having a total of more than 3-4 businesses in a portfolio just goes to say that a person is simply a program jumper and is out to steal your money.
Program jumping is becoming more and more popular these days from these so called "internet guru's". This is a typical case in which someone is a program jumper. Watch out for these people. If someone has joined three programs in 6 months time, they are a program jumper. Program jumping makes sense for the leader of jump. They usually say things like "Bran New" or "Get in Early" or "This one is so much better". The truth is, they take all the followers from program to program to program.
They make up excuses of why they leave old programs to find new ones. What really happens is, they have suckered all the people they can sucker into the first program and their income is suffering, so they say they have found a better mouse trap over here, so come and join me over here and you'll make a ton of money with me over here.I know people who have joined as many as 5 programs in 7 months. Anytime a new program was introduced on the market, they were going for it, suckered all the people they could into it until the next new program came about.
I know several people, who on the outside look great, but jump ship every two months. They put together training packages, marketing tools such as capture pages and auto responders, professionally written letters, etc. They look like a leader until you pay them $1000 for program A, then another $1000 for program B, the $1500 for program C and so on. Pretty soon, they are rich, you broke and left to fend for yourself.
Think about this. If you were an employer and wanted to hire an employee and you get an applicant that has had four jobs this year alone, would you hire them? NO Way! You know that by the time you trained them, they would leave looking for more money! Isn't that right? Do your homework before you join anything with anybody. The first question should be, What else do you promote? What have you tried. How many have you tried this year? Last year? If they do NOT have a stable track record, run for the hills. Use your common sense out there.
When Mike Corcoran created the first Multiple income stream marketing system, he never imagined how so much people would take advantage of his concept and use it against you to rip you off. Before we get into detail about the ways these so called "internet Guru's" are taking advantage of you, I'll get into the way it was supposed to be used.
Multiple income streams was created to allow a person to start a business with one company, affiliate program, MLM or direct sales company. It was intended for a person to really master one program, be successful at it for a minimum of one to two years and then add another business to the portfolio when, and only when, no other business but the first was running on autopilot.
There are a number of ways you can double your results. While still running the first business, devoting little time to it because it was running really well, focusing more time and money into the second business to get that one up to speed where it was duplicating the results of the first business. Like, I said, it usually would take a year or two to get a business and multiple incomes up to the level where they were running on autopilot.
If you have spent many years coming up with the above strategy, it is good to go ahead and add a third or a fourth business to the portfolio as long as you maintained the original businesses. It is proven that a person who adds more than one business to their portfolio in less than a year is not focused and says a lot about their character. Having a total of more than 3-4 businesses in a portfolio just goes to say that a person is simply a program jumper and is out to steal your money.
Program jumping is becoming more and more popular these days from these so called "internet guru's". This is a typical case in which someone is a program jumper. Watch out for these people. If someone has joined three programs in 6 months time, they are a program jumper. Program jumping makes sense for the leader of jump. They usually say things like "Bran New" or "Get in Early" or "This one is so much better". The truth is, they take all the followers from program to program to program.
They make up excuses of why they leave old programs to find new ones. What really happens is, they have suckered all the people they can sucker into the first program and their income is suffering, so they say they have found a better mouse trap over here, so come and join me over here and you'll make a ton of money with me over here.I know people who have joined as many as 5 programs in 7 months. Anytime a new program was introduced on the market, they were going for it, suckered all the people they could into it until the next new program came about.
I know several people, who on the outside look great, but jump ship every two months. They put together training packages, marketing tools such as capture pages and auto responders, professionally written letters, etc. They look like a leader until you pay them $1000 for program A, then another $1000 for program B, the $1500 for program C and so on. Pretty soon, they are rich, you broke and left to fend for yourself.
Think about this. If you were an employer and wanted to hire an employee and you get an applicant that has had four jobs this year alone, would you hire them? NO Way! You know that by the time you trained them, they would leave looking for more money! Isn't that right? Do your homework before you join anything with anybody. The first question should be, What else do you promote? What have you tried. How many have you tried this year? Last year? If they do NOT have a stable track record, run for the hills. Use your common sense out there.
About the Author:
By:Jennifer A Thomas-Subscribe Completely FREE to our Thoroughly Researched Work From Home Programs Learning Today's Latest Marketing Methods and Proven Strategies. Learning how to Make Money Daily and work from home.
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