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Given the current economic troubles here are a few suggestions which might be of help to you in your attempt to survive and prosper in the credit crunch.

The start of a New Year is also a good time to clear the decks of stuff that serves no useful purpose and which doesn’t  contribute to your goals. I assume you have your goals clearly defined for 2009?

Here are some of my suggestions:

1) Stop reading and listening to the news!! This is so important - why?  Just read this story 

2) Carry out due diligence on any company you may be thinking of joining and that includes Network Marketing/MLM companies. MLM companies can and do go bust just like any other business. Perhaps in the current environment you might also avoid new startups as well! Also, only ever join one MLM business at a time - there is no way that you can ‘ride two horses at the same time’, I should know, I have a horse called Toby - 17 hands IDxTB - you will know what that means if you are into horses!

Don’t follow the example of those so called financial experts who invested billions with Bernard Madoff!  Clearly they didn’t check him out! They failed to do thier due diligence! With a name like Madoff I would have thought that was enough of a warning!!

3) Develop multiple streams of income. Perhaps from a Multilevel Marketing business, Affiliate Marketing and from Blogging. No longer can you afford to have all your eggs in one basket! 

4) Avoid getting overwhelmed with emails from lists you’ve signed up to in the past.  I am unsubscribing from many of these and restricting myself to just five.  Whether I’m able to stick to five is another matter but I shall try!  Not easy to do but necessary if I’m to stay focused on what needs to be done for the achievement of my personal goals. 

The five I’m following in no particular order are Tiffany Dow, Mike Dillard, Ann Sieg, Rosalind Gardner,and finally Yaro Starak and his partner Gideon Shalwick. Why these five?

Tiffany, a very successful work-at-home Mum, is very accessible and has produced some great ebooks on a variety of subjects which have been very helpful to me and my partners in producing ebooks, understanding Squidoo and a lot more besides. She is very on the ball when it comes to new stuff on the Net and will often produce a short video on YouTube to show you how things work or can be implemented with programs. Here is just one of her ebooks - a ‘must read’ if you  want to succeed with Squidoo.

 

 

 

Mike Dillard and Ann Sieg are the top mentors when it comes to building a Network Marketing/MLM business online.   Take a look at some of their free stuff if you are in or are thinking of joining an MLM business. Mike’s videos about Building a Network Marketing business on a budget and Ann’s controversial book I refer to later in this post - there’s no cost so just take a look folks.

 

 

Rosalind Gardner is one of the most successful affiliate marketers in the business and has an excellent must have ebook if you plan to enter this market.

 

 

Read the amazing true story of how one woman, with no previous business experience, earned $436,797+ in 2002 and now earns MUCH MORE than that … just by selling other people’s stuff online!

In her down-to-earth, sincere and often humorous style, Rosalind Gardner guides you through the entire process of building an affiliate marketing business on the ‘Net.

Frequently revised and updated to reflect industry changes, the Super Affiliate Handbook now consists of 236 pages and 124 screenshots that will show you step-by-step how to become a Super Affiliate. You’ll learn how to pick the best affiliate programs, negotiate a commission raise and save time, money and effort on everything from affiliate software to web hosting.

To learn exactly how she does it, Click Here.

Yaro Starak and his partner Gideon Shalwick are amongst the top bloggers on the Internet - what they don’t know about making money on blogs isn’t worth knowing. If you don’t have blog or it’s not producing an income for you take a look at their free videos.

 

Now I appreciate there are many other excellent people out there yet you can only follow so many at a time. Too many and you will not only get overwhelmed but will run out of time to do any work!

 

 

5) Ignore the hype!  This is so important at any time but especially so if you are financially vulnerable just now.

No one, but no one, can make millions overnight. When you see a website showing how someone made $1million in 24 hours with the launch of his/her new product and promises to show you how to do the same just be aware that this ovenight success probable came about after years of hard graft!

Similarly, with Networking/MLM do not believe that all you need to do to make your fortune is to sponsor two people then teach them to get two etc. Also be aware of the lure of residual income.  It is not easy to achieve. If it were so why do most MLM companies experience a drop out rate as high as 90%?  Just take a look at Ann Sieg’s controversial free ebook and see if any of it sounds familiar

 

I hope these few ideas may prove to be helpful to you.

Have a great profitable 2009 - Yes you can!!

Robert

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