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[willie robertson Contribution Level: 4]

I recently got hit with that. My ecommerce business was doing about 15-20k a month until Google make changes to their Merchant Program.....I basically got the worse Google Slap ever imagined and my income from the business went to practically zilch.....

I've made the needed changes and I have other income from other things but I have to re-evaluate my entire business model and come up with a new games plan....but that's life and things constantly change in the business world and you just got to keep going. One good thing is that Google gave me 100 dollars in Adwords and reduced my CPC rate by 10% until the end of the year so I expect my traffic to come back within a month. I'll just enjoy the vacation in the meantime

Hi Melvin,

Yeah that's some scary sh-t. You build it and then Google or some outside force slaps you whenever they feel like it, bam, there gores you lively hood.

I was reading an ebook called internet prophets and they were telling of the early beginnigs of IM Armand Morin. way back in the 1990's he was making millions online and out of the blue his bank decided he was
making too much money.

Quote taken from the ebook, internet prophets:

As funds poured in, Armand’s bank shut him down and froze access
to his accounts. Why? Because they assumed such a massive flow of
cash must be the result of illegal activitiets. Nothing, however, was even
remotely illegal about Armand’s operation. Regardless, they wouldn’t
listen and put millions into deep freeze. At this point, some might have
thrown in the towel while crying about grossly unfair treatment. Not
Armand. He immediately sought to create effective tools to help others
avoid the same fate. There were two glaring issues that needed to be
addressed:

• Accepting credit cards.
• Gaining access to a merchant processing service that would
release funds earned.

Armand didn't quit, he more so got even and became even more creative.

I think once we start making a great income we need to use some common sense and keep some cash on hand, spread it around to more than one bank, payoff debts.

Hell you never know, your bank, your payment processor or anything can go under, not just the company.

Thanks for sharing.

[Erika Samperio Solares Company: Lightyear Wireless Contribution Level: 2]

Jordan Adler, Ben Sturtevant and all those huge MLM super stars what do they do?

Work in one business. Why have multiple income streams? That does not duplicate.

[willie robertson Contribution Level: 4]

A lot of these leaders have been around the industry a while and have the creds.

They may work building in one company, but they also have multiple streams of income.

Many of them sale books and training courses, I know because I have some of their materials.

Look at Ray Higdon, I know he probably didn't start out with multiple streams of income, but now that he has the creds, he produces his own products also.

Even my first MLM mentor, Dale Calvert has a plethora of products that he sales to insure he has multiple income streams.

We modern day entrepreneur's have to start thinking a little outside of the box, just saying.

Man, google, paypal and many other of these sorts can put you out of business in a New York Minute.

I agree one should try to commit to building one MLM, but what if that company goes belly up, what then of your income?

It can happen, no matter how great the company may be now.

Shit happens as Forest Gump say's.

That is one reason I have mad respect for MLSP when it hit the market. They have many offerings that help those in the MLM industry.

Like Mario said,

It is good to have one income off of MLM business. But everybody would not be buying from you. So to attact more people to your site, you would have to offer more items for more people to view your site and have a better chance to view your main product.
So if they don't buy from your main product line, they would be offered other items they may picque their interests. Each product would complement each other.
The main idea is to attract and retain more customers who visits your site.

Not everyone you talk to about your MLM will want to get your product or join your company.

Thanks for all the input. Keep it coming we can only help one another.

[Joyce Penner Company: Life Force International Contribution Level: 8]

Hey Willie. If you focused solely on your network marketing company and let's say you brought 10 people in within what? 3 months? then spent the next 3 months helping those 10 bring in 10, the next 3 months helping those, where would you be in a year? Making over 100K for sure.

Could you take the amount you make in a month, subtract what you need to live on, divide the balance by 2, take one part and pay off debt, take the other part and invest it in a variety of different areas (not putting your eggs in one basket so to speak) would that be thinking outside the box?

If you really focused on your network marketing company (believing it's a good one), worked really hard for a year or two, consistently applied everything you made over and above what you need to live to pay off debt and investing, that you wouldn't have multiple streams of income, diversified outside of the internet, that would pay you for years ?

If you want financial expertise, follow someone outside this computer box like Robert Kiyosaki. We, and I'm guilt of it too, see only what a few are doing online but there is a multitude of network marketers that don't know how to turn a computer on that are rolling in dough. Way more than we see or know of by sitting here at our computer.

I agree 110% that focus on your MLM is the only way to build a solid business. What did Ray Higdon say? What he's seen and heard, if you want to make a 6 figure income you have to focus on your MLM and he gets out of marketing his affiliate sites!

The offline world is your oyster as far as multiple streams of income is concerned so putting your eggs in one (good) basket for a relatively short period is a risk I'm more than willing to take to gain the long term financial stability of wise investing.
Joyce

[willie robertson Contribution Level: 4]

Thanks everyone for helping to make this a great discussion and giving so much food for thought. There have been some really great points made.

What got me thinking about this subject is I was on a call with someone I really respect in this industry.

He had pretty much retired from the industry other than to offer consulting and training.

But about a year or so back, I think he had came back in the industry and was promoting a company. I could tell from being on his previous calls and reading his emails he really believed in the company.

Well something must have happened over the past few months with that company, cause on his last call, a few weeks ago, he pretty much implied he was, or would no longer be involved with the company.

Fortunately I wasn't in that company, but was just following this guy through his calls and emails, to see how it would work out for him, cause I know he had great success in the past with his other MLM ventures.

Then last week to hear of the gentleman who was earning $6000 per month only to damn near have his income stream taken away from him.

It just kinda scared me, thinking, man, what if someone put all that time into a venture and the shit hit the fan, wow. I thought, man I'm not getting any younger, I got to maker this count.

So if you are in a venture and making money, do use some of them there funds to payoff debts and invest.

Everyone usually markets the MLM lifestyle, but we also need to use some common sense if and when we make it to the "LIFESTYLE."

All's I know is, I have learned in times past, I cannot necessarily depend on just one income source especially in this day and time.

[Willie Prevolt Jr. Company: 5LINX Contribution Level: 2]

Willie, I understand your point of view because I was wondering the same thing myself. What I found out is it's best to stick to one Network Marketing company because you don't want to send the wrong message to your team. With that said Network Marketing is not the only way to diversify your income affiliate marketing is one of the most profitable and powerful business models to be apart of right now.

I would recommend you look at your products and services and find some affiliate marketing programs you can join that is still in your niche and run with it. In my personal opinion I don't think affiliate marketing can replace your company but what it will boost your cash flow and expand your marketing budget.

If you take that money and put it back into your business using some kinda of paid marketing strategy to grow your business and learn how to generate your own leads for your offer, then it want matter what happen with your company you will know how to go out and grow any business no matter how the wind my blow.

It's just like the guy on the Webinar he learned an invaluable skill that he could use to generate leads and sales and I would suggest you focus on that vs. creating another source of income because that's not promise ether.

However, if you focus in on one Marketing Strategy master it then add another marketing strategy to your arsenal and so forth and so on, then it truly don't matter what happen in your company because you can go anywhere and duplicate your success because you understand how to market and as a result of being focus on one company your going to sky rocket to the top. I learned this lesson the hard way... Good Luck Buddy.

Till Next Time,

Willie

[willie robertson Contribution Level: 4]

Hello Willie,

Great name by the way, lol.

Actually this affilate marketing thing is not really all that new, it may be in more common use now days then in the days past.

I remember doing direct mail promotions using post cards to generate leads as well as classified ads. Then offering a packet of information with a cassette tape presentation and brochures of your MLM company to the prospect, all they had to do was pay a small shipping charge, usually $3-5 dollars.

Carbon Copy Pro used to charge you an application fee to get their review packet.

Ever seen the Herbal Life income from home commercial on TV. Them suckers charge $9.00 down to send you a very, very generic info packet for a 14 day review, then if you don't return it you get charged again for a total of $39.95

Their stuff is about as generic as it gets. I looked at it a few years back, and I sent it back, heck they made no mention of their comapny in the material.

I also remember particapting in a venture where you could order peel and stick labels of prospects looking for a business opportunity. And you could also become an affilate too making lead sales to your downline and others..

I am a fan of affiliate marketing, NWM, MLM investing etc...

Mike Dillards Elevation Group has some really great investment techniques.

I don't mean to keep beating a dead horse over the head, but...

*I just believe anymore you can't depend on just one income source, be it a job,or a business venture, things are just to fickle today in the world economies.

I currently work a full time job and make pretty decent income for what I do, but I am not going to sit back and wait for my retirement date before I try to create other income streams.

Like many people, my 401K took quite a hit in the past few years.

My thing is not so much for someone to build in more than one MLM company, as much as maybe utilizing something like an MLSP type system *to help market and to offset some of the cost associated with building your MLM. Those darn autoships can be quite expensive.

I say it again, not everyone we talk with about our main business will join or even purchase our products, but they may be able to use something we offer in our affiliate arsenal.

In addition it can help weed through the tire kickers and possibly get to the real business builders.

Lastly, as you say, if you focus in on one Marketing Strategy master it then add another marketing strategy to your arsenal and so forth and so on, then it truly don't matter what happen in your company because you can go anywhere and duplicate your success because you understand how to market and as a result of being focus on one company your going to sky rocket to the top. I learned this lesson the hard way... Good Luck Buddy.

Yeah, I learned that from marketer Andrew Murray.

Thanks for your input to the conversation.