Borrowing from your credit card to invest in your online business or home-based business: good idea or bad move?

This is a great question that was posted on Work From Home Board by Debby Stewart. I wanted to share my response here.

From Personal experience, I say don't do it.

In my first business 6 years ago (an MLM) I invested over $1500 in products that were difficult to move and I spent about $1000 a month in buying leads. It was a lesson learned.

Long story short. If I were starting all over again with very little money, I would start with free advertising like free classifieds, blogging, article writing, squidoo etc. and then I would roll the profits back into my business until I could start doing some paid advertising like pay per click.

The only thing worth investing in would be personal development products that would help to teach me the skills that I need or perhaps a proven system to help me be successful. For example 2 years ago I invested in Mike Dillard's Magnetic Sponsoring. Because I wanted to learn how to "attract Prospects" rather than buy leads. It was a great investment.

Make sense? So I would only invest in personal development and do free marketing until I gained the skills to be successful.

I hope this helps.

~Wendy

What do you think? Borrowing from your credit card a good investment or bad move?

Happy Monday!

If you have been thinking about getting The Renegade Network Marketer in order to learn how to attract high quality leads for your network marketing business than
now is the perfect time.

Until midnight on July 23rd you can get the downloadable version of The Renegade
Network Marketer for HALF OFF!

How cool is that?!

Grab your copy for 50% off right here.

Still Buying Leads? What if prospects actually called you?

I did exactly what my up line told me to do. I invested in buying leads. I was told that if I wanted to be successful, I should call these leads and use the proven script that was given to me. I found that this was easier said than done. Often I would be hung up on or the person would say that they are no longer interested.


I found myself getting frustrated. I was following my steps exactly as I was trained and I just wasn’t getting results. Worse, I was going broke by continuing to buy leads. I thought it was something I was doing wrong, or maybe I just got a bad batch of leads.


But the truth is, my up-line didn’t know the secret and was therefore passing on bad information to me. She didn’t know that selling is about building relationships with people and being attractive so that people would come to me. This is called attraction marketing.


So I stopped trying to “get” people to join my business. Now I simply give away my knowledge and friendship without a hidden agenda. Now people are joining me.


Attraction marketing is a totally different approach to networking.

What if instead of doing cold calls people actually called you?

If I could go back in the past to my early days and tell myself not to purchase leads for a business I would have prevented a lot of frustration. But I think everything happens for a reason and I learned a lot through what wasn't working for me. It lead me to search for what would work.

My search brought me to Mike Dillard's Magnetic Sponsoring Course.

With the old school method of buying leads, I was not getting the results I wanted. First of all I was spending lots of money but more importantly I felt like a complete failure because it just wasn't working. I was getting hung up on and had people yell at me. Boy did I feel like a nuisance.

I thought it would be so great if the right people actually came to me, like magic. And in a lot of ways that is what is happening to me now.

I no longer am spending money buying opportunity leads. Instead I am building relationships with people and offering real value. I give of myself freely and, just like magic people are coming to me and wanting to join me. It really is pretty neat. What a relief to no longer have to deal with the rejection that comes with old school methods.

Apply attraction marketing to your marketing strategy and you will have prospects coming to you almost effortlessly.

Feel Free to contact me if there is any way I can help you get started with attraction marketing.

Want to Attract New Prospects but don't know how?

My mission is to help others learn about the power of attraction marketing and how incredible it is to no longer be chasing prospects. It is so much fun when people tell me that they now have people chasing them. Now this is cool!

Click here for Social Networking Tips for Attracting Highly Qualified Leads.

Generate leads with Squidoo (click-by-click)

I have met the most amazing people through social networking sites like MySpace, Facebook, Twitter and Squidoo.

Social Sites are great ways to keep in touch with friends as well as a great way to make new friends. Social Media is also an wonderful way to generate very highly targeted leads for your business.

I am building my home based business without spending money one advertising. I simply build relationships with people and make new friends. I don't know about you, but it sure is a fun way to grow a business.

I am generating tons of leads just from squidoo. Check out this video that Mike Klinger put together to help teach people how to Squidoo. You will be amazed at the amount of traffic you can generate. Click here to watch free video.

Oh yeah, and here is my latest lens. http://www.squidoo.com/High-Quality-Leads

PS... If you don't have a squidoo account, you can get started here.

Tired of paying for training?

If you've always wanted to attract your own leads and
customers online but have been too confused to even
know where to start, this video is for you:

http://tinyurl.com/cw8hkh

There's a ton of information (AND misinformation) to sift
and sort through online, but usually you have to pay for the
really good stuff.

Well, Ann Sieg and Mike Klingler are bucking this trend.

They've just released ANOTHER free video and this time
it's over 90 minutes of actual training from inside their new
program, Renegade Professional.

I have to tell you, I've purchased a lot of different online
training courses before.

Some of them good, some of them bad.

But NONE of them have even come close to the level of
detail in these videos (there's actually two of them).

I encourage you to go watch both of them, follow along and
actually DO what they're teaching you. Right now, today.

The strategies they'll be sharing with you don't cost
anything to implement.

If you haven't gotten started yet online, that will all change
by the time you're done with these.

You will have actually setup your first REAL marketing piece
on the Internet and will be in the process of generating leads
and earning money.

And if you've tried tons of online systems in the past and
have never made a dime, you'll understand exactly why after
you watch these (as well as what to do differently).

Mike walks you through the process - one click at a time - of
how to start promoting your own products and opportunity
right away... not someone else's system.

(There's not even anything for sale on this website and you
could actually be getting calls from legitimate prospects about
your business as soon as tomorrow by watching this.)

He also shows you how to do it for different industries like
health & wellness, legal services, and others (not to mention
specific network marketing company examples).

And both videos are totally free, so there's no reason not to
check them out:

http://tinyurl.com/cw8hkh

Sincerely,

Wendy Krick


P.S. - You know, a lot of people are under the impression
that they have to wait until they have a huge downline in
order to experience the benefits of leverage and residual
income.

But you can start enjoying that right now.

Go check out these free videos, follow along, and you'll be
able to generate sales and leads for months and even years
to come...

All from just a few minutes worth of work today.

Mike calls this creating "online real estate" and you'll
understand why once you try it for yourself:

5 great places to get free traffic today!

YouTube, Myspace, Facebook, Squidoo, and Twitter are the big 5.

Need traffic? Stop buying leads and paying for advertising. Did you know that you can learn the skills you need to generate incredible traffic right now? This is huge! I have been using the skills that I have learned and have been blown away by the new traffic to my sites.

Click here and you'll see what I mean.

http://tinyurl.com/dcxpkc

Forget Google. Here is the Best Place to Get Leads

I wanted to share part an e-mail that i just got this morning from Ann Seig.
Social Networking is the way to go.

~~~~~~~~~~~~~~~~~~~~~~~~


Here's the link to that social marketing
video I talked about a couple days ago.

http://tinyurl.com/dcxpkc


If you don't watch this you're missing
out on a golden opportunity to learn
more about...

YouTube.

MySpace.

Facebook.

Squidoo.

Twitter.

And a slew of other social marketing sites
you can use right now to build your networking
business for free.

(In fact, Mike reveals 18 different free sites he uses
to get over 6,300 visitors to just ONE of his blogs
EVERY WEEK -- without spending anything on ads.)

The first time I saw this video it gave me
goosebumps because there is SO MUCH potential!

Click here and you'll see what I mean.

http://tinyurl.com/dcxpkc

18 different ways to get free leads

I just saw Mike Klingler on this amazing video and I urge
you to see it right away.

Mike, in case you didn't know, is Ann Sieg's partner in the
new Renegade Professional marketing training site.

Here's why I'm so excited about this video:

It shows you how to leave every other marketing method
in the dust!

Every other method, that is, besides what Mike calls
"social marketing." Using sites like YouTube, Squidoo and
Facebook to attract hot, interested leads who are ready to
spend money --with you!

And Mike shows you how to do this so much more easily
than you ever imagined.

In fact, he even reveals 18 different free sites he uses to get over 6,300
visitors to just ONE of his websites every week - without spending a dime on
advertising!

http://tinyurl.com/dcxpkc

You know how everyone is always trying to get in on the
ground floor with new MLM opportunities, so they can
cash in big-time?

Well, the same is true right now (and for the next year or
so) with social marketing!

Mike proves this convincingly with statistic after statistic.
(Don't worry, these numbers are VERY easy to
understand!)

And he shows how you can still enjoy a "first mover's
advantage" by getting started in social marketing now
(ahead of the crowd).

Did you know, for instance, which website 2/3 of all people
online visit (and if you thought I was talking about Google,
you'd be wrong)? Yet very few people are taking full
MARKETING advantage of this major site.

But speaking of Google, if you know how to use social
marketing sites, you stand a better than ever chance of
showing up on the free side (the left side) of the FIRST
Google search results page.

That's huge!

Many businesses spend big bucks to get that kind of
mention on Google's first page. Mike tells you on the video
how people like you do it every day for free.

So as you can see, this video is pure gold. For a limited time
Mike and Ann Sieg are giving it away, and I promise you it
is well worth your time to watch it.

Because if you take action now, as Mike says, you can "reap
the rewards for years and years to come."

Here's the link to watch the video:

(Oh, and you don't even have to give your name or email
address to watch it)

http://tinyurl.com/dcxpkc

Let me know what you think!

Wendy

P.S. - One other thing: Mike also talks about where to find
the prospects who have the most money to spend.

Specifically, prospects who make 20% MORE than the
average income and also SPEND 25% more than the
average person.

This is crucial information if you want your business to
thrive right now in this economy.

Go here to watch it right now:

http://tinyurl.com/dcxpkc

Network Marketer? You need a funded Proposal.

If you are a network marketer then you know that it takes time to grow your business and that it takes time to generate good quality prospects for your business. It also takes time to build a business. This is NOT get rich quik. It takes time and effort. Most people don't start to see real residual income for 2-3 years. The problem is lots of people quit before they start to see results.

One of the biggest frustrations that people have in growing a business is in finding good quality leads. And in a effort to get people to join their business they are actually scaring people away by using old school methods and high pressure sales tactics that don't work.

What works is attraction marketing. The best leads are the ones who come to you. Wouldn't it be great if you could attract prospects to you who are looking to join a business. Better yet what if you got paid even if they didn't join you in your business? This is why I use a funded proposal. A funded proposal is when you offer an inexpensive information product in order to gain the persons contact information. What you end up with is a list of people who are looking for what you have to offer. You can create your own system or you can use one that is already created like Magnetic Sponsoring. This is the one that I use. It is only 10:30am and I have already earned an extra $20. The benefit of using a funded proposal is you get paid even if the person never signs up for your business. It is a win win for everyone. I get to help people and give them good quality information to help them with their business plus I am being paid for my time and effort.

"Mom, you're number 1 on google!"

"Mom, you're number 1 on google!"

My son told me he was playing around on the Internet and did a search for me and he couldn't believe all of the things that he found.

This brings up a good point that I think every net-worker should be aware of. It is really really important to use your name when you market.

When I first started marketing 6 years ago, I was afraid to use my name and began using a nick name on the Internet. I thought that if I used my real name, I would have people calling me and bugging me. I quickly learned that if you want to be successful in network marketing you need to open up and let people know a little bit about you.

Using your name gives you integrity. It lets people know that you are real and you don't have anything to hide. Now this doesn't mean that if you use a nickname that you do have something to hide. I'm just saying for me, when I started using my real name, I started getting better results on the Internet. I think a lot of it is perception. I tend to see someone more as an expert when they use their name rather than a nick name. Think of it this way, would you think of Mike Dillard the same way if he marketed his business with the nick name MickieDillie? I don't think I would. When you use your name when marketing your home based business it gives you more integrity.

And as my son Josh pointed out, another huge reason why I use my name is because I want people to be able to find me. I have had clients contact me and when I ask them how they found me, they said they saw a post on a forum and then googled my name. Now how cool is that. By the way, google loves Squidoo and forum posts.

So go right now and google you name. What do you see?

Wendy Krick
Watch How New Prospects will Find You!

Free PPC Leads

MIke Dillard Just released some new training material about PPC advertising. They are producing 150 leads a day. PPC is one of the best ways to generate traffic to your website. However there is a right way and a wrong way to do google adwords. Why not learn the right way from MIke Dillard?