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Let's face it: you are probably working
for far less than you need to. And
the sad thing is, you may not even
be aware of it or the options you have!
As of now, we're going to change that
for you, and possibly share with you
not only a thought but a vehicle that
can change your financial life.
We are going to show
you how to get much more out of your
sales time investment.
This probably applies more to the part
time, home based business person than
the professional...but we have seen,
met, and talked with professionals who
really are under- valuing their return
on time investment. I know.. we are using
that "time investment" word
alot all ready. But you MUST consider
it just as you do a cash or money investment.
In
fact, it's even more important because
once spent or invested, you can't ever
get that particular moment or minute
back. It's gone. You can always invest
more money, but you only have so much
irreplaceable time. Your sales time
investment is one of the most precious
ones you
can ever make.
As we look at business models, we find
on one end, the model that proposes
high volume but low profit per sale.
Walmart
has certainly shown this works, and
many, many, many supermarkets work
this same way. It will work if you
have the ability to create large volumes
of
sales. The question is: Do you. If
you are a individual sales rep or a small
business, just how much of an opportunity
do you have to create really large
volumes.
The appeal to the small business person
is to do this by creating some type
of a multi-level (also and probably incorrectly
referred to as a pyramid) sales organization.
In the ideal world, IF you can do this,
you can create volume. But this could
take years to accomplish, and still
never
guarantee any income or security because
(1)The company behind it could go out
of business, be taken over.. or any
number of things, (2) The pay plan could
change,
or (3) The group suddenly dissolve,
particularly if or when a heavy hitter
or group leader
decides to switch to another business
and takes his distributors or sales
force with him. Did you make a good sales
time
investment if you chose this model?
Of
course you still have the ability to
sell the product or service yourself,
but (1) Can you do volume, and (2)
Is the profit per personal sale worth
your
time?
The second business
model, at the other end of the spectrum,
is one that
provides
a relatively high profit or earning
per sale. Sometimes we think of real
estate
people and car sales people in this
category, as well as sales people of
specialized
capital equipment. But that's not the
majority of us.
The downside here
is that if we are thinking about selling
a high
ticket/high profit
item, we have to ask (1) Is there a large
market and prospect base? and if we are
thinking in terms of an ability for a
part time person--possibly a "stay
at home mom", can this high ticket,
high profit product or service be first
mastered in terms of the technology,
and second, is the customer prospect
base readily accessible?
In most cases,
the answer to those two questions is "no,
not available".
But if it is or was, then here's a fact
that
can be virtually carved in stone: It takes no more time
or skills to sell the high profit package
than it does to sell the mass product
with only pennies or dimes in profit!
Think about that!
This is ALL relative to your sales
time investment, and once
more: It's the MOST IMPORTANT investment
y ou have to make.
Ask yourself: "Am
I working for pennies or dimes when instead
with the
right vehicle I could be working for
dollars?"
If the answer is yes,
and this is so true of particularly home
based business
entrepreneurs who are involved in sale
of nutritional supplements, skin care,
fad gadgets, etc., then ask yourself, "Am
I doing this because I want to earn a
nice income, and do it as quickly as
possible... or am I kidding myself about
that goal and I just want to get products
wholesale or discounted and have some
fun?"
Nothing wrong with
that, by the way, if you have an hones
assessment
of what
you are doing and why. But..... If your
goal is in the area of $4000-$5000 a
month or more, and you
also don't want to spend all your waking
hours "working your business",
then it's time to change.
As your article
writer, I can tell you this is an article
written from the school
of hard knocks and one that really
had us so emotionally involved with the
businesses.
Rah rah rah; recognition, pins, etc.
Amway. Free Life. Primerica.
Herbal Life.
Been there, done that. Made some money?
Yes, but far, far, far less
than in other options. And that's just
the part time side of things we did to
supplement our "real" job.
Made some money, but had no security,
and worked for far less than we could
have been doing. Plus we just sold our
time for money there. No residual income..
but that's the subject for another article.
We
hope this has helped you focus some
thinking and our resource block will
point you to one tool that will let
you change your life. |