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Colin Meunier

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My Money Machine Formula
Making Money With MLM & Affiliate Programs


The Key "secret" to making money on the Internet with MLM & Affiliate Programs is to create multiple streams of income.  This is the process that others and myself are using to create a secure business portfolio.  In fact this is so important I am going to say it three more times.

 Create multiple streams of income

Create multiple streams of income

Create multiple streams of income


The following is my recommended simple step formula for creating multiple streams of income with MLM & Affiliate Programs without being spread too thin. 



Step 1. - Take inventory and set your goals.


Ask yourself how serious you are about making money online. 

* What do you want to do? 

* Do you want to do this part-time or full-time?

* Do you want to start part-time and develope a full-time income to replace your current J.O.B?

* Do you want to be a top affiliate or just make a bit of money?

* How much money do you have now to start and market your business?
  
* How much money do you want to make?

* How hard are you willing to work?


You have to figure out what your intension is with starting a home-based business and making money online.  You have to set your goals.  Figure out where you are at now, and where you want to go, and what you want to be. 

To be honest, if you are really serious about building a business and creating a full-time income online, you are going to need some money to start your business and set it up as well as marketing.  I am not going to give you a bunch of hype and tell you that you can do this all for free, or that it will all come easy.  You are also going to have to work hard at building an online business. 



Step 2. - Create the time to build your business.


You must schedule in time to build your business.  This is something that most people do not do when it comes to their home-based business.  This is also why the majority of people who start a home-based business do not succeed in the way of making a full-time income.  If you recall in step 1. I mentioned you needed to decide whether you wanted to do this business part-time or full-time, there is NO choice of spare-time.  You can not build your business in the spare-time, because you have no spare-time. 

Here are 3 areas you need to devide your time into:

1. Learning -  You need to be constantly improving your knowledge in business, sales & marketing, and personal growth.  The moment you stop learning and growing is the moment your business will stop growing.

2. Taking Action - You need to take action on your plan.  Its not enough to just have a plan, but you need to take action on that plan. 

3.  Measure Your Results - This is where you take into account where you are doing well and where you need to improve.  You also need to track and learn where your marketing is doing good and where it is not, so you can focus on where it is more.



Step 3. - Start building your list.


"Any Pro will tell you: The Money's in the List!  "


It amazes me on how many people just "don't get it" when it comes to the power of their email list GOLD mine.

When you have a list of subscribers who have opted to recieve email from you, your business will be taken to a whole new level and dimension, if you know what you are doing. I'm certainly not suggesting that if you're just starting out, you can expect to reach the level of super affiliate (guru status) and financial success in the next three months. However, I am suggesting that building your own contact subscriber list is the most important thing you can be doing when it comes to affiliate marketing.

Building your own opt-in list can be the most important thing that you can ever do when building your online business. The fact is that if you are building an online business promoting MLM & Affiliate programs and you are not building your own opt-in list, you are almost wasting your time.

You see the main objective with your online business is to build a customer and client list.  The main objective with your website is not to sell your visitor, but to capture their email address.  Well actually your website has two main objectives, pre-selling your visitor on your products and services as well capture their email address.  Today I am only talking about capturing your visitors email address and building your opt-in list.

Ok, you may be asking right now. Colin what exactly is an opt-in list and why would people
want to give me their email address? 

Well the answer is, your opt-in list is a list of people that have given you their email address in return for something
of value. 

Ok, now you may be asking, but Colin what can I offer of any value?

Well the answer is that this can be a mini email course, an ezine, a free report, or even just a mailing list of people
who want to know when you update your website. 

So now you may be asking, or saying to yourself, but I am not guru and I have not made millions on the Internet what can I teach or tell people that will make them want to learn from me?

Ok now, lets just hold on a minute here. The answer to this question is actually more simple than you think.

You see you are already both teacher and student. You are always learning from someone, just as there is always
someone learning from you. Think back to grade school when you had grades 1. The reason for 12 different
grades is because some students are a little more advanced or ahead of you and at the same time you were a little
more advanced or ahead of others. Well this is true as well with Internet marketing or promoting MLM and Affiliate Programs.

So the point is that there is always someone that can learn from what you know.

Ok, so with all that said, lets get started building your opt-in list.



Here are a few key features to consider before building your list:

1. Content - This almost goes without saying, but is very much worth commenting on. The best thing to do before you start building a subscriber base is to create some content articles. You want to have some quality information of good value ready to send your subscribers when they subscribe or opt-in to your list.

2. Personalize your emails - This is actually a very important element to your emails that you send out to your subscribers. You want your subscribers to feel as though you are taking to them and not a group of people. This is done by including their name in the emails you send out to them.

3. Brand your name - This is simply sending emails to your list from YOU, not some company name.
Think of all the emails you get right now in your inbox. Which of those emails look more friendly? Are they the emails sent to you by some company such as ABC Marketing Firm, or by a friendly name like Colin Meunier? -- <grin> -- Well I tell you I much rather get emails from the author and not a company name.


Ok, so now that you have the basics for creating the content and articles lets get you some subscribers.


The first tool you are going to need to build your list of suscribers is a list management system. A list management system is a tool that will manage all your list of subscribers so you can send an email out to the whole list at the same time. This is where an autoresponder comes in. The autoresponder will make your life much easier.


Click here for the autoresponder that I recommend for building your list with.



Now getting the subscribers:

For getting subscribers or opt ins for your list I recommend advertising a leadcapture page and getting people to opt in.  

Click here to see an example of a leadcapture page that I use to build an opt in list.

You see when I get people opting into that page to request more info about the 1Step System they are then forwarded to the my main 1Step System website right after.  Then I am also able to continue to follow up with these people again and again about the 1 Step System as well as other products and services that I promote.

So how and where do you advertise your leadcapture page? 
Well I will get into that in step 6.


Step 4. - Choosing right programs for income


Part (A) "Immediate income".

This is where I choose a program to lead with in my marketing promotions.   Programs that require a one time payment to buy or get involved with make great front end products that will lead to residual income programs as back end products and programs.  Another key element to look for when choosing a  front end program to lead with is the education factor.  I prefer to lead with a program that will actually empower a person with the right marketing skills and mindset so that they will succeed and get into profit right away. 

I would suggest you lead with a higher ticket dicrect pay program so that you have the opportunity to generate cashflow right away to put into your business and pay for your advertising and then build residual income on the backend with other programs. 

Here are a few front end educational programs I recommend for leading with in your marketing promotions. 

Mentors In Motion - The unique seminar's success concepts & 80% profit  marketing plan.  One of the greatest Mindset training workshops you will find.  You will learn how people like Donald Trump or Bill Gates think different than the most average person.



Part (B) "Residual income".

How would you like a portfolio of residual income programs that pays you income monthly? Now that may seem like a dumb question but many people still think in ways of linear income and not residual income.  When you are working for linear income you are looking to make a sale and get paid, right? However, with linear income you will only get paid once for that sale.

Here's some thoughts about the power of residual income streams..

You spend the exact same effort to promote a product that pays you a one time $10 commission as you do to promote a product that pays you $10 every month.


In residual programs, the effort you spend today continues to pay you long after the work is done.  This is where your financial security will come from. 
Most successful networkers will take a long-term approach with building residual income streams.  I suggest building residual income with multiple programs for greater stability.  Pick one or two programs and build them to the point of self-building, and then continue to build others.  I also find that the best programs to build residual income with are tools.  I recommend tools because they have higher retention.  When someone buys a tool from you that they have to pay monthly for they will not drop it because they are not making money, because they bought the program for the purpose of the tool.  Lets take webhosting for example.  When someone buys into a webhosting program from you because they need to host a website they will remain a customer for a long time.  (if your webhosting company is good)

Tools that will create residual income

Some residual income programs I recommend building an income with are tools that you and other marketers will need as well to build a primary business.  So with that, I don't recommend the following programs for primary businesses, but I recommend you  get them all as needed tools.

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Kiosk - I have been a member of Kiosk since December of 2002, and started hosting my websites there in Jan 2003.  I have never experienced any down time that I am aware of and the support with Kiosk is awesome.  With all these great products, services and support that Kiosk offers, I feel more than comfortable and highly recommend Kiosk to anyone that wants to host their website with one of the greatest web hosting companies on the Internet.

HotConference - The very same conferencing software that I use. Not only does EVERY marketer need a professional online conferencing tool of their own in order to communicate to the masses in real time, especially to over-seas prospects without telephone long distance charges, but also this new software and service provides THE MOST cost effective solution and pays well, without the price being jacked up like ALL the rest. THIS conferencing solution allows you UNLIMITED seating FOR WAY LESS than ANY OTHER! This conferencing solution offers way more features as well!



Step 5. -  Set up your own websites with autoresponders
  


If you are serious and want to create income with any MLM or affiliate program you need your own website, with your own content that will pre-sell your program.  With having your own website you have the opportunity of promoting YOU as well as your affiliate programs.  The first thing yoHiu will be promoting is YOU. 

  • Next you will need more autoresponders to build multiple lists. Yes you need more autoresponders.  If you have taken action on the first step and started building your list  you are well on your way to creating a profitable business and are now familiar with autoresponders.  You are going to need an autoresponder so you can capture people's email address when they visit your website.  This is why I like to suggest an autoresponder company that has unlimited autoresponders!

    Let me give you just a few examples of what I am talking about here with websites and autoresponders.  Each time I want to promote a program I put up a website and capture my vistor's email address so I can market to them.

    Here are just a couple examples:

    1. http://www.EnterFreedom.com -  My main website and autoresponder to capture emails for my ezine.  This website is also a what is called a content based site.    

    2. http://www.enterfreedom.com/amigopage.html - A simple leadcapture page set up to capture people's infomation and build a list.


    So I hope you can see and understand the need for your own website and unlimited autoresponders. 

    Kiosk - Is a company that I feel highly satisfied with and recommend for web hosting..  I personally use the web hosting for my websites.

    I have been a member of Kiosk and hosting my websites there since the beginning of 2003.  I have never experienced any down time that I am aware of and the support with Kiosk is awesome.  With all these great products, services and support that Kiosk offers, I feel more than comfortable and highly recommend Kiosk to anyone that wants to host their website with one of the greatest web hosting companies on the Internet.

    The great thing about Kiosk is that you can let people try out all the products and services for
    only $1.00 on a 30 day trial period


    To sign up for your 30 day trial period for only $1.00 click here



    Step 6. -  Marketing & Advertising


    Marketing: The art and science of building relationships, communicating to others, and empowering another individual according to their needs and not yours or mine.

    There are many ways to market your program online.  The most important thing to keep in mind when you are marketing is that your main objective is to capture email addresses to build a contact list

    The first thing I want to make mention of, is what NOT to do.  What you do NOT want to do when marketing your program is what most people do when they are promoting their program.  When you pay for advertising you never want to just send a lead to your programs affiliate site that they give you.   This is why I include the step on your own website and autoresponder. 

    Three basic steps for Marketing:

    1.  Advertise.
    2.  Capture phone & email to build a contact list.
    3.  Help those people on your list.


    Let me explain the process to you now. 

    1. I would advertise my leadcapture page (http://www.enterfreedom.com/amigopage.html)  in an ezine, email marketing campaign, or in some PPC advertising, for example. 

    2. I capture the visitors phone & email address so that I can build a relationship with the visitor.  When the visitor requests the free report, I have a very targeted lead.

    3. Now that I have the visitor's information, such as phone number & email address, I will contact them by phone as well send them emails with an autoresponder.  With the autoresponder series I am able to continue to follow up over and over with those who subscribe.  


      NEXT....
    Click here to see Marketing & Advertising page.