Streams Of Multiple Income Vs. Program Jumping
by: JenniferAThomas |
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This is a huge topic and is one that you must completely come to understand. If not, you will get ripped off, scammed or even lose a lot of money. I will explain what multiple streams of income are. Multiple streams of Income are a concept that some 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, will agree with this concept.
When Mike Corcoran created the first Multiple income stream marketing system, he never imagined how so many people would take advantage of this concept and use it against you to rip you off. Before I get into detail about the ways that these so called "internet Guru's" are taking advantage of you, I'll get into the way it was intended 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.
While still running the first business, putting little time into it because it was running so well, focus 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. This is how you can double your results. 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 excuses of why they left the old program to find another one. 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've 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 5 programs in 7 months. Anytime a new program came on the market, they were in it, suckered all the people they could into it until the next new program came about.
I know several people who appear to look great on the outside, but then jump ship just about every two months. They put together training packages, marketing tools such as capture pages and auto responders, professionally written letters, etc. They are portrayed as leaders 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, and you are left broke and have to fend for yourself.
Use your common sense out there. 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. Think about it. 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?
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By:Jennifer A Thomas-Subscribe Completely FREE to our Completely Researched Work From Home Programs Learn Today's Latest Marketing Methods and Proven Strategies. Learn how to Make Money Daily and work from home.
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