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THE BEST BUSINESS MODEL IN THE WORLD

by ron farleigh

So you want to make a lot of money, and realised that to do so you have to run your own business. But what sort of business. All the self help books will tell you to start up your business in a line you know, ie the same as your present job, your hobby or interest.

Research your business, do a business plan, cash flow charts, profit and loss forecast, find premises, suppliers, staff, apply for loans, mortgage your home, borrow against your pension, your life insurance, ask relatives for money. Then take the plunge, take a calculated risk, work like mad, and fail.

Years ago this was the formula that most businesses used, and this is why world wide, 70% of new businesses fail. Or to look at it positively 30% succeed, that is they don't go out of business in the first year. You will also read in most self help books, and learn from your bank manager, accountant , relatives and friends , that most businesses don't make a profit for the first year, some even longer.

So why do people still set up their own business. Because they believe they can do it, they have motivation, they have the will to succeed, and they are willing to risk everything to prove themselves right.

If you are old fashioned, and a gambling workaholic, with loads of money to lose, use the method above.

If on the other hand you are intelligent, able to read and digest the fundamentals required to make a lot of money, are not prepared to risk losing money, are not prepared to borrow money, but are prepared to invest time sharpening up the skills you already possess , and have the will to succeed, you should read on.

So lets start by asking a few fundamental questions.

Why do you want to go into business?………your answer should be to make a lot of money, is this

your answer, if you answered to help other people, or job satisfaction, or for the prestige……do charity work, you'll find it rewarding.

Should you work with your hands, or your brain to make money? ……….. artists and craftsmen tend to make more money with their hands, usually after they are dead. Working with your hands, your income is limited to the number of hours you can work in a day. Can you work 24 hours a day, 7 days a week, 52 weeks a year? Can you earn money when you are sleeping, or when you are on holiday?……………….you can if you use your brain!

Should your business sell a product or provide a service? Or both?

Selling a product means you need to have a product to sell. Do you buy stock and sell it retail, or wholesale, through a shop, trade warehouse, mail order, over the internet, or as a commission agent.? Selling a product can put you back into the old fashioned way of doing business, borrowing money for stock, for premises, paying for staff, massive overheads, and having a 70% chance of not surviving the first year.

Providing a service is more profitable and more cost effective. You can sell the same service over and over again. Have virtually no overheads.

What kind of a product or service should my new business offer? The most important thing you should consider is a product or service every one needs. The second most important thing is once they have acquired the product or service from you, they have to come back to you continually for more of the same product, or service. The third most important thing is that you should be able to deliver the product or service very cheaply.

The most important aspect of any business, is to keep your overheads down to a minimum Most businesses fail, even big well established ones, because they fail to keep their overheads down to a minimum, and they run out of cash.

Is it better to have a world wide market place, with an automated system requiring no staff, or a national market place, with lots of staff, lots of stock, and lots of retail outlets backed up by a large storage and distribution network? If you don't know the answer to this question, don't read any further, you have already failed!

By now you should have realised that THE BEST BUSINESS MODEL IN THE WORLD, is one that requires little or, no capital investment, little or, no overheads, is used by everybody, and everybody has to keep buying this product or service, cost nothing for you to distribute it, can be advertised world wide for little, or no cost, and takes very little time to promote and run your business. There is no long period before you reach breakeven point ( the point in business when profits exceeds overheads, and your business goes from loss into profit), you can make a profit from day one. And most of all THE BEST BUSINESS MODEL IN THE WORLD, requires no previous experience.

This is the model you should use to set up your business, and the only way to do this is by using the internet. ( the only other way to achieve similar results, is to be really good commission only salesman or agent selling a repeatable line, but unfortunately, you incur a lot of overheads, chasing a limited diminishing market, and what's more important, you can't make money 24 hours a day, 7 days a week)

We have brought together some of the best businesses available, that combine all of the ingredients needed in THE BEST BUSINESS MODEL IN THE WORLD, All provide web sites free, and some like COGNIGEN, FINANCIAL CIRCUIT, VIVA REBATES, and GOING PLATINUM are being successfully promoted without using the internet, by freelance sales people, organisations, and small businesses, in addition to their normal business line. But best of all, these businesses carry on producing income 24/7 even when you retire early, when you are on holiday, and when you are sleeping. You have nothing to lose, but everything to gain. To help you we have put together a series of help pages, read all of them. Take advantage of the offshore facilities mentioned on this site. To make more money, and expand your business, help others to get ahead by using the same programs you use, you get an over ride on everything they do. THE BEST BUSINESS MODEL IN THE WORLD, can be run from anywhere in the world, on a Mediterranean island, from a yacht, from your home, and you don't have to live in America, to make a lot of money from there.

THE POWER OF COMPOUNDING

There are two elements that you can use in your business to dramatically increase your income, they are the power of compounding, and the power of leveraging. By using the internet, you have the world as your market place, all you have to do is to promote your web site, the help pages tell you how to do this.

Now lets assume that you ignore most of the advice given on this site, and out of all the thousands of people out there, who could come to your site, and buy from you every month, don't come because you haven't promoted your site very well. Let's assume out of all the thousands of people who should come to your site every month if you promoted it properly, you only get a few people coming, and only make 10 sales a month and these ten make repeat orders every month after that. For each sale you receive $5, plus $5 for the repeat sale.

Month 1	ten new sales	profit	$50	total profit $50	this month

Month 2	ten sales repeat	profit	$50	total profit $100	this month
	ten new sales	profit	$50

Month 3	twenty sales repeat(month 1&2)		$100	total profit $150	this month
	ten new sales	profit	$50

Month 4	thirty sales repeat (month1,2&3)		$150	total profit $200	this month
	ten new sales	profit	$50

Month 5	forty sales repeat (month 1,2,3&4) $200			total profit $250	this month
	ten new sales	profit	$50

Month 6	fifty sales repeat ( months 1 to 5)		$250	total profit $300	this month
	ten new sales	profit	$50

After 12 months with the power of compounding your monthly income will be $600 a month
After 24 months with the power of compounding your monthly income will be $1200 a month

THE POWER OF LEVERAGING

By using the power of leveraging you can greatly increase your income with no extra effort. By referring one new person a month, you will receive over rides on the sales your referrals achieve through their web sites. If you refer one person a month, who again only makes ten sales a month, and you only receive $1 over ride commission per sale, after 12 months you have referred 12 people who are each making $600 a month, and your over ride commission per person you refer would be $120 for each one, giving you a total over ride of $1,240 (12 x $120) a month, on top of your own $600 a month. Work it out for yourself over a few years, you will be surprised.

The best people to refer, are the ones who are buying from your site.

You are not restricted to using one program only, using three or four programs will dramatically increase your earnings, and you will still be only working two or three hours a week.

work smart not hard - it's more profitable. check out the private programs.