Blogging Income

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Debt Free Network Marketing

"Strategies On How To Erase Costs While Building Your

Network Giving You Endless Leads and Cash Flow!"


LEGAL NOTICE

The Publisher has strived to be as accurate and complete as possible in the
creation of this report, notwithstanding the fact that he does not warrant or
represent at any time that the contents within are accurate due to the rapidly
changing nature of the Internet.

While all attempts have been made to verify information provided in this
publication, the Publisher assumes no responsibility for errors, omissions, or
contrary interpretation of the subject matter herein. Any perceived slights of
specific persons, peoples, or organizations are unintentional.

In practical advice books, like anything else in life, there are no guarantees of
income made. Readers are cautioned to reply on their own judgment about
their individual circumstances to act accordingly.

This book is not intended for use as a source of legal, business, accounting or
financial advice. All readers are advised to seek services of competent
professionals in legal, business, accounting, and finance field.

You are encouraged to print this book for easy reading.

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Debt Free Network Marketing

"Strategies On How to Erase Costs While Building Your
Network Giving You Endless Leads and Cash Flow!"






TABLE OF CONTENTS



Introduction
5
A Business Just Like Any Other
7
The Mindset of a Business Builder
8
Typical Cash Flow
9
What is Your Profit Margin?
10
Downline: An Asset or a Liability?
11
Eliminating the Burden
12
Front-End: Consistent Stream of Income
15
Developing Your Own Turn Key System
17
Summary and Conclusion
18




















Debt Free Network Marketing
3

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Debt Free Network Marketing

"Strategies On How To Erase Costs While Building Your

Network Giving You Endless Leads and Cash Flow!"

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Debt Free Network Marketing

"Strategies On How to Erase Costs While Building Your
Network Giving You Endless Leads and Cash Flow!"



Introduction

Dear Network Marketer,

Thank you for taking the time to read this book.

This e-book is targeted at the general network marketing community. This book is a
must read especially if you haven't break even in your business. After you finish
this book, you will be able to:

Understand the typical cash flow to building a network marketing business so you
can plan your business long term

Understand how the majority of people who fail in Network Marketing
fail because of lack of cash flow to run their business in the short term

Reduce overheads so you can break even faster

Reinvest your profits wisely to power-up your business

Duplicate these principles to your downline and let your company work for you

"How sure are you that this book will work for my company?" you ask? Wel , the
content here is:

100% Generic yet applicable to any company you are in. I realize that most
companies have their own system, yet the ideas here are meant to COMPLIMENT and
not contradict your training system as well as give you IDEAS TO SUCCEED.

Straight forward and to the point. People who purchase e-books usually want
information fast and straight forward. I want my readers to have a quick read and catch
the main points fast because I know that you have invested time reading this and I
know your time is precious.

Task Oriented. Just follow the instructions. I have done all the work for you so you can
save time and effort.

If all my readers can get just one good idea from the contents of this book, I feel I have
accomplished my task. Do not just keep this information to yourself or your downline.
Share them with your upline, sidelines and people who are in other network marketing
businesses.

THINK ABUNDANCE and you will be well on your way to financial freedom!






Debt Free Network Marketing
5

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Debt Free Network Marketing

"Strategies On How to Erase Costs While Building Your
Network Giving You Endless Leads and Cash Flow!"








Here we go...




Note:

If you are familiar with the Network Marketing series you would have come
across titles like Network Marketing: Survival or Network Marketing:
Pitfalls. Debt Free is written as a stand alone book but the lessons learnt
from those within the series will definitely help in further understanding the
principles within this book to power up your business.









































Debt Free Network Marketing
6

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Debt Free Network Marketing

"Strategies On How to Erase Costs While Building Your
Network Giving You Endless Leads and Cash Flow!"



A Business Just Like Any Other

What is the purpose of starting a business? To make profit.

Most businesses spend more money than they make that's why they go belly up.

So why should network marketing be any different?

The common belief is that network marketing is a business that appreciates in
value over time. In other words, if I have a group of 100 to 1,000 people under
me buying the product and recruiting more, I'd be getting richer and richer! But
we all know that.

It is not the pot of gold at the end of the rainbow. It's SURVIVING the first 6
months to 2 years!

It is common that most network marketers in a new industry typically go through
a 6 months trial and error period, therefore, it is crucial to ensure that during
those 6 training months, you manage your cash wisely so you can learn and
make money at the same time.

Just like in normal business, most of them fail within their first 2 years of
operation and struggle to make profit even if they do survive. The key to
survival is CASH FLOW.

In other words, it can be summed up in this equation:

Cash today, downline tomorrow.

People in network marketing usually run out of cash flow normally after 3
months and they quit because they spend more as they build. But by breaking
even as fast as possible, it gives tremendous mental strength to the
distributor and he or she is less likely to drop out.

First, we must understand the mindset which is the most important starting
point in getting by the first 3 months.









Debt Free Network Marketing
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Debt Free Network Marketing

"Strategies On How to Erase Costs While Building Your
Network Giving You Endless Leads and Cash Flow!"



The Mindset of a Business Builder

(Don't proceed any further in this book until you ingrain these into your brain!)

It takes TIME to build a successful business. If you make ANY money in
the first few months (even if it is just a few dollars) it is PERFECTLY
NORMAL.

It is MY BUSINESS. Not my upline's business or my downline's business.

Everything depends on ME putting effort to succeed.

Invest in TOOLS that brings in revenue (lead generators, viral e-books,
generic information, etc). Don't buy books and tapes just for the sake of
buying them.

Don't use your own money if possible. Most successful businessmen use
other people's money (borrowed money either from relatives or financial
institutions) to build their business. Remember that cash flow is more
important than revenue.

Don't blow all your money on advertising that doesn't bring in cash flow
as well. Direct response advertising is one of the most effective ways.

A smart businessman doesn't spread himself out too much. Build the
LOCAL market first. Never venture outstation unless you have a steady
income. If you can't even take care of yourself, how can you take care
of your downline far away from you?

Focus on solving other people's problems. Don't recruit people just for
the sake of recruiting them. Try and understand what problems they are
going through first.

Enjoying the journey! People who love their job always outperform those
who do it grudgingly. If your prospect sees you doing your business so
grudgingly, will they join you?










Debt Free Network Marketing
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Debt Free Network Marketing

"Strategies On How to Erase Costs While Building Your

Network Giving You Endless Leads and Cash Flow!"



Typical MLM cash flow

Only for illustration purposes only

Typical Average American worker's annual salary

Hour
$19.13
Day
$153.04
Month
$3,316.25
Year
$39,795
Expenses:

Joining Fee
$50 - $5,000
Auto-ship
$5 - $500
Petrol
$300
Training Material
$200 - $500
Meetings and Rallies
$50 - $8,000
Phone Bill
$100 - $500
Leads
$200 - $500
Miscellaneous
$200 - $500

Depending on the network marketing company, do you see how typical it is for
an average builder to spend somewhere between $1,000 to $16,000 as a
STARTING INVESTMENT? You can estimate how much you have to make in
the long run then only will you break even. But let us see how we can minimize
these overheads to generate more cash flow.


























Debt Free Network Marketing
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Debt Free Network Marketing

"Strategies On How to Erase Costs While Building Your
Network Giving You Endless Leads and Cash Flow!"



What is Your Profit Margin?

One of the key strategies to generate more cash flow is relating
to your COMPENSATION PLAN.

Different plans may differ from company to company. Some companies may
boast of their high payout. They will say something like this:

Our company is the best because we pay out 75% of our commission to all the
distributors! It is like saying for every $100 sale; $75 is paid back to our people.
You will never fail with this company!

I urge you to make intelligent financial decisions and NOT emotional decisions
because responding to emotional appeal can cause a lot of heartaches in the
future.

I can't cover all the mechanics on plans, but it is better to refer to the book series
called

Show me The Plan! Where I will explain more in depth about marketing plan
mechanics. But for the purpose of this topic, I will list down some principles
(marketing plan related) to follow.

Don't look at the total payout of the company; look at the first 2 levels of
payout:

How much you get for recruiting someone, and how much you get if THEY
recruit someone. It is no point dreaming how much you make as a
`Rainbow Diamond Leader' if you can't even succeed at the lower levels

Examine how much you have to spend to RECRUIT someone. Some
companies require you to either pay for their training program first, or
require you to accompany them into the training session (and you have to
pay your own way)

If you have little cash flow but wish to join a company that requires a
large inventory investment but high profit margin, make sure those
products can be used to SPONSOR your downline so you can
recuperate as much cash as possible

Can you afford the auto-ship?









Debt Free Network Marketing
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