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Showing posts with label Wealth. Show all posts
Showing posts with label Wealth. Show all posts

Monday, August 4, 2014

The Continuing Potential of Internet Income



MOORE'S LAW

Moore's Law describes the falling cost of digital technology. When my daughter was born in 1980, the price of the memory chip for a home PC was $1,000.00 (not the whole PC, mind you, just the memory). When my daughter was one year old, the same amount of memory cost only $500.00. When she was three years old, the price was $250.00. When she started the first grade, the same amount of memory cost only $62.50. When she graduated from high school in 1998, the price of that same amount of memory had fallen to less that $0.25. When she began her junior year in college, the cost for the same amount of memory as in that original PC was just pennies. I assure you that nothing else we have purchased over her lifetime has decreased in cost anything like that!

We, of course, upgraded the amount of memory we used over the years. Each time we upgraded, we spent about the same amount of money but got more and more computing power. So, what really happened was that our computing power increased by four times every three years for the same cost. Gordon Moore, one of the co-founders of Intel Corporation, made mathematical observations in the 1960's of the engineering practices which allowed miniaturization in semiconductor technology. This miniaturization applies to processors and other computer components as well as memory chips. What he observed mathematically is that computers can be made four times more powerful every three years for the same cost. Some argue that this same formula has held true for a full century, if you include the mechanical computers of the early 1900's and the old-fashioned transistors that followed. If you knew that you could get four times more raw materials every three years with no increase in cost in a given business, would you want to get into that business? The overwhelming answer everywhere is, of course, a resounding "yes!"

All businesses, even traditional brick and mortar businesses, must market their goods and services. Because businesses look for the lowest cost to perform their processes, more and more marketing information and marketing processes, even for brick-and-mortar businesses, has become digital. Moore's Law ensures that Internet businesses, especially Internet marketing, will continue to grow and flourish at an astounding rate. Will Moore's Law continue to hold true in the future? Can engineers keep making computer chips cheaper? Intel's engineers assure us that Moore's Law will continue to operate for several more device generations, if not indefinitely.

ACCEPTANCE OF DIGITAL ENVIRONMENTS

The next factor that ensures continued growth for Internet businesses is the acceptance by consumers of digital environments. People have taken to Cyberspace. Despite the many predictions to the contrary, people have warmed up to digital environments with enthusiasm. Many Web communities have been formed and their participants report feeling all warm and cozy in those digital environments. Participants have developed a strong sense of identity with the digital communities such as Twitter, Facebook, and others. As Moore's Law has continued to operate over the years, technology has become more and more capable of producing engrossing digital environments in which most of the world's population enthusiastically participates.

CONVERGENCE

The third factor assuring a prosperous future for Internet entrepreneurs is convergence. Simply defined, convergence is the coming together of separate things. Convergence has occurred at both the industry level and the consumer level. On the industry level; computing, communications, and media companies have merged. On the consumer level, smart phones and smart TVs are commonplace. Consumers have combined their phones, personal computers, and televisions into one integrated media system. Even our money has become digital, as we have automatic bank deposits of our earnings while we buy things with our smart phones or the quick swipe of a debit or credit card. The Internet has so involved itself in our personal lives, there is no turning back. We have converged into a digital world.

THE CONTINUING POTENTIAL

These three factors--Moore's Law, acceptance of digital environments, and convergence--assure us that the potential of the Internet for the home-based entrepreneur continues to be nothing less than incredible. In the digital world, the large corporations have to compete, not just with each other but also with the home-based entrepreneurs. The large conglomerates no longer have the exclusive advantage. Given the low cost of computing power, individual entrepreneurs now have at their disposal the raw materials to develop digital products and processes and make them available to the world. Even more importantly, individual entrepreneurs can ban together in digital environments (such as SFI) to combine their skills and knowledge and use convergence to their advantage in a very efficient way, rivaling the large companies with the results.

HOW TO POSITION YOURSELF

To obtain convergence, you must bring together computing power, media content, and information processing. To obtain the economies of scale, you should position yourself within a digital community where resources can be shared. Despite the low cost of computing, there is still power in numbers with regard to media content and information processing. To position yourself as a marketer for one of the longest lasting and most successful digital communities in existence is without doubt the smartest move you could possibly make right now. Having done that, you can use your individual creativity, skills, and resources in an environment of freedom employing the low cost computing power at your disposal to obtain your financial goals. Due to the three factors discussed in this chapter, there is an unprecedented opportunity available to you right now as an SFI affiliate. You have but to take advantage of it. Just Click Now!
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Tuesday, July 1, 2014

Overnight Success....NOT!

Overnight success...NOT!
Today we're going to talk about having big goals...but REALISTIC goals. SFI holds tremendous potential for those who will apply themselves, but it's not going to Successhappen overnight or without work. As the old saying goes, "the only place that success comes before work is in the dictionary."
We often hear from affiliates asking why they're not seeing a big commission check yet. But more times than not, the person asking hasn’t even been an affiliate for more than a few weeks and is only really beginning to even understand how the whole SFI system works. And frankly, even if the number was six months, it’s still much too early to be expecting a significant income stream to have developed.
We always say that if you’re not willing to give a business at least a year, don’t even bother getting involved. You must understand: It takes time to get to know all the nuances of a business. It takes time to get to know the products. It takes time to develop a game plan. It takes time to figure out what marketing activities will work best for you.
The fact is, anything worthwhile takes sustained effort. If that were not true, we'd all be the perfect weight, we'd all have perfect relationships, etc. It's the same thing with your own business. If you're thinking money's going to start pouring into your lap next month, you’ve set yourself up for failure.
But let’s look at some real examples and see if we can put some perspective on this. Let's start with SFI's own president and founder, Gery Carson. Gery explains:
Gery Carson"My success as a entrepreneur and business leader is widely known today. Yet what most people don’t know is that I LOST money my first two years. I only broke even in my third year. And it was only when I got to my fourth year did I finally start seeing profits. Oh, how I wish someone had invented an SFI for me back in the mid-80's when I was starting out! ; - )
So was all that effort worth it? ABSOLUTELY! Because I persisted, today I live a dream life, I have my dream home, drive my dream car, and I get to lead one of the most exciting Internet companies in the world. Yes, because I stuck with it, I am today truly blessed beyond my wildest dreams."
But let’s go farther. Let’s look at some of the actual home business superstars we've interviewed and featured on our Website in the past:
Note that amounts listed reflect declared earnings at the time their interview was published.
ROBERT BLACKMAN now earns as much as $85,000 per month. Yet it took Robert two years to see his first four-figure check ($1,000 or more), and it took him five years to see his first five-figure check ($10,000 or more).
CHARLES LESLIE’s monthly income exceeds $12,000 a month. It took Charles five months to see his first $1,000 check, and three and a half years to see his first $10,000 check.
TRACY DIETERICH earns $36,000+ monthly. But it took six months to hit that first $1,000, and a year to get to $10,000.
DALE CALVERT makes so much more than $100,000 a year that he won’t even divulge the amount. Yet Dale worked four months before seeing that first four-figure commission check...and two full years before hitting five figures.
DR. JOE RUBINO now cruises at over $62,000 each month. But that first $1,000 check took two months, the first $10,000 check, one year.
ROBERT BUTWIN drops $80,000 or more into his bank account each month. But would you believe that first $1,000 check took two years to reach, and a full FIVE years for Robert to reach the first $10,000 check? It’s true!
DAVID A. NELSON clears $40,000 in a month. But reaching that first $1,000 check took 18 months. Reaching the five-figure check took two years.
TONY KENT has exceeded $90,000 in monthly earnings. But exceeding $1,000 took Tony one year...and a year and a half to exceed $10,000.
In other words, even the most dynamic, highest-earning entrepreneurs took MONTHS to begin seeing an income of any real significance. And the real wealth, the $100,000+ income we all strive for, took an average of almost THREE YEARS to achieve!
Do you think ANY of these gentlemen don’t think the ends justified the means? Do you think for an instant that the months and years invested hasn’t been rewarded a thousand times over at least? You don't even have to think about it, do you?
SuccessIf we told you that after two to three years of following our system, you could be making more in a month than you now make in a year, could you handle that? This is a genuine and realistic goal. But when you say you want to quit your job in six months and live off the income from your new business, well, that's just not realistic.
Not what you wanted to hear, right? But is what we're suggesting so tough to swallow? Of course not.
Can you think of any other endeavor where you could invest just five to 10 hours a week for a couple years and at the end of that time have that turned into a $3,000 to $10,000 residual monthly income stream? Money that keeps coming in month after month, year after year. Money that keeps coming in whether you work 10 hours a day or two. A commission check waiting for you in your mailbox when you return from yet another vacation. Money that when you’ve left this planet continues to provide for your spouse, children, or grandchildren.
Sounds extremely nice, doesn’t it? But again, these are likely not things you’re going to see in your first year. It's just not going to happen. Some of you—the go-getters—you WILL see it happen in your second year. For most of you, however, you need to be thinking two to five years. And you know what? When you get there, we guarantee you, you’ll say it was nothing!
You can do it
BOTTOM LINE: We reap what we sow, but the harvest is never in the same season as the planting! Today you are planting...and will be at least for the next several months. Your harvest will come in time. Be persistent. Be patient. Work the Web using our proven SFI system. Think long term. Take action every day, (no matter how small) to build your business. And always remember, THE ONLY WAY TO FAIL IS TO QUIT.