Boost Your Income Producing Strategies With A Great Business Vehicle
In the last couple of posts I spoke about doing your research and mentioned a few income producing strategies for websites. I also spoke about researching business vehicles and what program’s are about to help you make money online.
So now it comes down to how much money do you want to spend educating yourself. And trust me when I say that’s exactly what you need to do. You need to spend money educating yourself before you jump off the deep end.
Hanging around these internet events is good fun and often you go into information overload where most of the information you would have been given is really great, but they usually don’t tell you how to apply the information in any great detail. That’s where your education comes into the equation.
And of course it all comes down to your ultimate goal.
Making a Decision
Now! You wouldn’t spend $100,000 on a program that promises to make you wealthy in three weeks. Cos… If it sounds too good to be true, it usually is.
Nor would you buy a program at any price that promises to make Mega Bucks in six to eight months, as in my estimation, that’s almost as unbelievable as the first one.
At the other extreme, don’t expect to buy a $67 program to make you a bucket load of cash in six to eight months either. What you really need to do is find something on which to build a firm foundation. A program to provide you with skills for life, ultimately build your assets so can make money over the long term.
Well! Now what we’ve effectively done is narrowed it down to the type of program/s you are looking for.
Now bear in mind you could be looking for a program that may cost you anywhere from $2500 to $20,000 or more. But what you’re really looking for, regardless of how much you spend is the return you are going to get on that investment. Over the time it takes you to get that return.
So in other words it doesn’t really matter how much money you want to spend. Rather how much you can get back by making that investment in the first place If you have spent $2500 and all you ever do is make your money back, is it a good investment?
The short answer to the question is, “NO.”
And the reason for this is you’re no further ahead than when you first started. But you need to think about that a little bit further. What about if you were able to repeat that same exercise again and again and again?
Now …would that be a good investment?
Let’s just say it probably would be, if you only ever wanted to make a few thousand dollars. On the other hand, let’s say you spent anywhere from $12,000 to $20,000 and didn’t get a return for 2 years and that investment was about how to make you millions of dollars for the rest of your life.
Would that be a good investment?
I know which investment opportunity I would take.
Here’s the thing.
I have personally invested over $100,000 in my education over a four year period. And by the time you have read this far in the blog post you would be starting to get the idea of the vehicle/s I have chosen and the decisions I have made along the way.
Essentially it comes down to your philosophy. If you want to make a quick buck then you might want to invest in the low cost programs. And there’s nothing wrong with that. But if you want sustainable business models, you need to think about investing a little more in yourself and reaping higher returns over the medium to long term.
Now bear in mind I’m not here to tell you which programs to buy and or from whom. But the take home point from this post is…
A sustainable return on investment. I guess by now you were hoping I was going to give you the next best thing on how to make money online. The ducks nuts as it were …well I’m not.
In fact I would be doing you a disservice if I did.
There are far too many programs out there to mention and like I said from the outset, my job is to get you thinking about how to work this all out for yourself. Because in my experience people never appreciate anything properly if it is not earned and experienced.
And at the end of the day, you need to make the right choices for you.
It’s like buying a new family pet. They come in all shapes and sizes, colors and they all do different things. Each pet is priced from $0 to infinity.
Well, not quite, but you get what I mean.
What pets suits some folks might not necessarily suit others.
Well the same is true of programs.
Clancy of the Information Overflow
P.S. See how to swim amongst the sharks without being eaten in What’s Not and what it’s really like to achieve success…