??!!"Earn before you even spend money"!!??
Lets cut the crap right here. Building a BIZ without spending money is never going to happen. When you open a grocery shop or start your own restaurant or what so ever, you know already that you need to get customers and guests to know your business. The regular start up business plan is based on an advertising budget with at least 10 percent of the initial project costs and additional at least 15 – 20 percent of your monthly net income from here on.
Otherwise you do not even need to go to your bank and ask them for a business loan. Even brands like Apple, Nike and Co., do it and they do it on a much bigger scale.
They spend 40 percent of the products costs just to get the message out and keep the brand on top of others or at least compete with them. Why that should be any different for opening your online business? I think that just had been answered, by the use of common sense.
In Germany we have a saying:
"Wer nicht wirbt, der stirbt"
in English it does not really sounds that nice and does not rhyme, but to let you know what it says, here is the translation:
"Those who don't advertise will die"
How much to spend on advertising.
Here is what I do. I put 30 percent of my net online income back into additional advertising. Sometimes I just buy some login spotlights or additional guaranteed views, and of course I do purchase more and more email sources. Buying thousands of extra exposure at those sources which I know off that they will deliver. Of course I don't know if they will work when they just start and in fact, 80 percent are going to fail in the long run, but mostly at the start they deliver as expected. Later on they just die.
Now you'll say "wow really"? Yes really!
Of course while you are just at the start to build your online business you do not want to waste money on sources which have already died or where you are not sure about if they ever gonna deliver.
That's the reason Penny Cannon and I came up with TAP. There we keep members informed which sources deliver more than average. A good place to start with as the information is FREE.
If you don't have your own blog you don't have a business at all you are just a follower. Create your blog, describe yourself and share your thoughts to others. Start branding yourself and your business and have a chance to even get your downlines paying for it. Join a Team which helps you to start your biz for only 10 bucks a month! read this article
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