Making Money Without Losing Money

A perfected business Formula!

by Max Merrill Jack of All Trades
Max Merrill Senior   Jack of All Trades
This is my formula for a successful business. If implemented correctly and exactly how described, you should see a great increase in business. Not only in how it runs, but, also earnings.

First off, Let me say this so that everyone knows.

THERE IS NO SUCH THING AS GETTING RICH OVER NIGHT!!! IT'S COMPLETELY IMPOSSIBLE!!

Now, with that said. Let's continue.

First let me explain what each part of the formula represents.

$ = {SP + (T + [T + C] + TEDD) + (Go - Gr) x N} x M

Money = {Successful Programs + (Trust + [Teamwork + Communication] + Time, Effort, Determination, Dedication) + (Goals - Greed) x Networking} x Marketing

Now let me explain the formula in parts. I will explain what each part of the formula is, and why it's important.

1. Successful Programs - THE BIGGEST part of your business, is your programs. Without a successful program. There is NO business. The first thing that any business HAS to have. Is a product or a program that they promote to make their money. Best thing to do is to check on your program and see if they have any sponsors or any seals. Seals such as the BBB seal. Next, you're going to want to research the program to make sure its a legitimate company.
MAKE SURE YOU DO YOUR RESEARCH!!!
The last thing that anyone wants is a program that's not going to pay them. Who's going to want to work hard, and not get paid their dues?

2. Trust - The main thing between a business and its customers. Even business to affiliates! That one main thing that will decide the successfulness of a company, is trust. Without trust a business will get no where. The business depends on trust. Not only the trust of business to promoters. But, business to customers. A customer will not buy from someone they do not trust. So you're going to want to build a trust bond between your customers and affiliates. You're going to also want to build trust amongst your network. Let them know that, Without trust no one will go anywhere in the business. That's just a fact!

3. Teamwork - Teamwork is a very important thing for any company, business, or program. The teamwork amongst not only affiliates, but, also downlines and the company itself. A good business with help each other within the business do what they need to, to help each other make the money. Without teamwork, a business is only doomed to fail.

4. Communication - THIS IS VERY IMPORTANT TO YOUR BUSINESS!!! Communication not only with your network, but also your customers. You need to find out what interests your customers and how you can get their attention. Follow up on what they think of any products they have personally bought from you as well. Also, communication with your network is VITAL TO SUCCESS!!! If you have no communication with your network, YOU HAVE NO NETWORK!!! Be sure to keep in touch with your network and find out what works for them. Find out about new marketing ideas and so on.

5. Time, Effort, Determination, Dedication - This is a major thing on your part. The more time and effort you dedicate to your programs. The more money that you're going to make. You have to dedicate as much time and effort as you possibly can. Without these factors, you will lose determination and eventually lose business.

6. Goals - Goals are very important to a home business. Best thing to do is set small goals and write them down, On paper, notepad, or even set up a checklist and mark off each goal as you achieve them. This will help you stay on track and will help you in the long wrong. DO NOT SET YOUR GOALS TOO HIGH AS IF YOU DON'T MAKE THEM YOU WILL BECOME DISCOURAGED!!

7. Greed - Greed is a very big factor in a business. As people get greedy of their earning they lose site of the customers and what they want. If someone gets greedy they get sloppy. If they get sloppy, they lose business. That's just common sense. The most important thing in a business, are the customers. If your customers are happy then your business will be great. If you get too greedy it WILL BE the fall of your business.

8. Networking - Networking is a major part of your business. People often refer to networking as "Referrals". The more people you have in your network the more money you will potentially earn. But, you also want you network to follow the same formula if you want a successful business. If your network gets sloppy or greedy it will lead to the down fall of you as well. Remember, that you want all your business's customers to be happy, as the more happy customers... the more money made.

9. Marketing - Marketing is just as important as the programs themselves. You want a marketing system that's going to get you the targeted people that are looking for the particular program that you market. If you use a marketing technique that doesn't bring you the customers that you desire, then try a different technique. If you can find more then one that work, then use more then one. The more targeted customers, the better.

As far as this formula is concerned. You want to make sure you follow it closely. As if you lose sight of one part, the rest is sure to fail. Be sure to keep in contact with your customers, and also your network. If you learn something new about a particular program or marketing technique that works. THEN TELL YOUR NETWORK!!!! HELP YOUR NETWORK HELP YOU!!!

©2007 Max Merrill
Oct 14th 2007 12:57

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