For years I’ve bombarded my audience with the virtually self evident rationale supporting the pursuit of “Multiple Income Streams” (MIS).
Multiple automated income streams = Security
Only one income stream = Risky
If we can all agree on that point, then you’ll likely enjoy the rest of this article.
First I’ll dispel the biggest misconception about building multiple income streams.
FACT: If done correctly, generating multiple income streams online leads to SECURITY & LIBERTY of time & finance – it never feels like CHAOS.
There are numerous examples of success with this concept within our growing online community of online biz builders. Many of these success stories can be found in my $5 “Silent Sales Machine” book.
One important discipline that all “multiple income stream” biz builders have in common is that they control their schedules and commitments. They aren’t controlled by their schedule and they don’t operate in panic mode.
A true “Multiple Income Stream” entrepreneur approaches life with a harmonious blend of flexibility, discipline and creativity.
How do you get there form here if you are currently a one income newbie?
The opportunity that lies ahead if you dare go down this path:
What do you do all day once you have multiple streams?
Let’s chat about it!
Here’s a Facebook discussion on this topic:
Or post a comment right here on my blog.
Here’s a creative idea for launching a new or little known product on Amazon. Simply give your product away, or discount it, and then request reviews from those who benefited from your temporary promotion! Sounds simple right?
Not so fast.
Before I give you my words of caution, first I have some very good news. Clearly, according to Amazon’s own rules you ARE allowed to give away free or reduced price products and then request an amazon review in return. When done correctly, this is a brilliant strategy that can turn a relatively unknown product on Amazon.com into one that has the appearance of being “popular”. That can be good for future sales, and this strategy is being used successfully by many Amazon sellers right now, but…
…most Amazon selling experts would urge caution (including me) when using this strategy. For those considering attempting this strategy, I’ve compiled the good, the bad and some resources for you to hep make a good decision and navigate the process without getting burned.
SOME REASONS IT’S A GOOD IDEA:
SOME REASONS IT MIGHT BE A BAD IDEA:
SOME CHALLENGES YOU’LL ENCOUNTER:
HERE ARE OTHER RESOURCES TO USE BEFORE MAKING THE LEAP:
A good open discussion on this topic is happening in our Facebook group. Come see what other sellers and experts are saying. Facebook discussion
Amazon’s guidelines in their own words (read all of this before attempting to pursue reviews for free or discounted product): Amazon Guidelines
When you are ready to do a promotion, our currently endorsed provider of such services for sellers is here: GreatDealsForHonestReviews.com
Did I leave anything out? Have questions? Feel free to leave a comment, or join the Facebook discussion using the link above.
Recently there have been a lot of courses launching claiming to teach success selling on Amazon. Some of these courses are getting the mega-launch treatment attracting multiple “big hitter” affiliates seeking the fat commissions on the very high priced courses.
If you want to spend thousands lining the pockets of experts who are only excited about their fat affiliate commissions, while learning the same things that we teach around here in superior courses that cost 1/10th the price tag – that’s fine, but after you read this at least you’ll know the truth.
In this blog post I’ll make a simple case as to why you should consider an alternative to the “big launches” and stick with the long time proven courses with long term established communities instead.
Consider the ProvenAmazonCourse.com course in this case if you are ready to learn how to sell on Amazon. Ready to jump into Private Labeling? Check out ProvenPrivateLabel.com (you can get both courses at an insane discount at ProvenPrivateLabel.com)
Or, don’t buy ANY course and just get going with one basic idea than anyone can use (one of multiple strategies we teach) – here’s an 8 minute video I made that’s getting great feedback so far. It shows you how to get started selling on Amazon at virtually no expense at all:
Wow – I’m still recovering from the week long adventure that was CES Dallas. The core of the event was three intense days of incredible content, but for my family and I it was a 7 day adventure.
We spent time with some of the most successful, giving, friendly, powerful leaders, students, authors and experts in the world of Internet business.
This video explains it all, or read the quick summary below.
By any standard imaginable, the live event in Dallas last weekend was a raging success. You can see the hundreds of pictures, comments and discussions on Facebook and twitter by searching for the event hashtag “#ces2dallas”.
Here’s a link to the facbook group where 95% of all attendees hang out - if you aren’t a free member there yet, please join us (once you are in, search for the event hashtag #ces2dallas): Click To Join th MySilentTeam.com Facebook Group
I won’t even try to communicate in an email the mind blowing impact that the “CES Dallas” event had and will continue to have on every attendee, and probably the entire Internet biz community. I can’t help but feel we are raising the standard of what an Internet biz conference should look like.
In his opening comments, our keynote speaker Rabbi Daniel Lapin had us on the edge of our seats for two hours…and one of the biggest take aways for most people was the fact that in life as in business and in all other arenas, we are NOT meant to be alone. Solitude is poison, and as Internet entrepreneurs we have to resist the urge to “hide” and try to “go it alone”.
There’s something powerful about face-to-face meetings like CES. Because the core of our audience is made up of such passionate, caring, giving people, the atmosphere was alive and quite emotional at times in Dallas. It’s hard to explain, but from the pics and comments posted online you’ll get a feel for the impact of this event. Use the link above, and check it out if you haven’t yet.
So far 100% of the anonymous surveys we’ve gotten back from attendees have said they plan to come back next time!
If you have a couple minutes, check out that video above – in it I show you:
1. A brief wrap up of the event
2. How to stay a part of it all for free on Facebook, or take a more serious step and join my team and I in the launch of…
…and finally, allow me a quick shout out to our incredible sponsors who helped make the event possible and added so much value to the event:
I’ve been helping my readers and students launch successful online and Internet based businesses for nearly a decade. Even though I’ve been part of helping thousands of people achieve significant online incomes, I’m aware that much if not most of my audience is still stuck at square one for one reason or the other. This is a visual map to help you pick an idea to start with, or if you’ve had some success and want a new income stream you’ll find my favorites here.
Welcome to my “Opportunity Landscape” or “Opportunity Map”. A lot of thought went into this – I hope you like it.
This video explains the map:
At the bottom of this article you’ll see an older version of my map. Here’s the latest version:
Did I leave anything out? Do you want more detail on any of these opportunities? Do you disagree with where I placed any of the opportunities? Let’s talk about it… (also – for additional reading check out this $5 book. It’s helped launch hundreds of successful businesses (if not more) online.
Scroll down for the old version of the map…
The Old Map: