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posted on:
8/27/2011 2:10:55 PM EST
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ListQUIK and Robert Kiyosaki - Asset vs. Liability
Robert Kiyosaki, asset, liability, ListQUIK
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Robert Kiyosaki, the Rich Dad, Poor Dad author, has millions of avid followers as well as his fair share of detractors. For me personally, I like what he teaches. Perhaps I should do a full review but that will be the subject of another post. For now I would simply like to talk about his theory about "Assets vs. Liabilities" and how it relates to your internet marketing efforts. You can watch a quick overview of his theory here youtu.be/byRSKEw0oa8
An Asset Puts Money IN Your Pocket, A Liability Takes Money Out Of Your Pocket.
Once you understand the difference, you can apply this information to turn your online marketing system into an asset very quickly. The best way I have found to do this is by focusing your upgrades on Lifetime Memberships. Allow me to explain...
Every membership you have is an asset in the sense that it has the potential to put money in your pocket. If you are a free member, your Return On Investment (ROI) is infinite in the sense that you have the ability to make money without investing any. However, as you may have already discovered, making money as a free member at most programs is actually the most difficult way to go.
Most programs offer an upgraded position which allows you to earn more profits at a faster rate. The problem is that most these upgrades come in the form of a monthly fee. Once you upgrade the monthly fee becomes a liability (every 30 days you have to meet that obligation) until such time as you have enough referrals to cover the cost of your upgrade. If 30 days go by and you have not met your goal, you may find yourself questioning whether or not you should continue with your upgrade.
Lifetime Memberships Provide A Better Solution
Some programs offer a Lifetime Upgrade option while others offer a lifetime upgrade without any monthly option at all. The nice thing about choosing the lifetime option is that you do not have to worry about 'questioning' your purchase every 30 days. Instead, you now have an asset that you own for life and will put money in your pocket as you refer people to the program.
Of course the Lifetime Upgrade is generally a more expensive option at the outset. The good news is, you will save money in the long run while getting the maximum benefit from the program. The lifetime upgrade typically comes with 50% affiliate commissions. Just refer two other lifetime members and you have recouped your full investment. Everything after that is pure profit.
The beauty of following a system like this is that you can pay-as-you-go. In other words, invest money as your funds allow and you will never have to worry about racking up a huge credit card bill.
As a matter of fact, the best strategy is to use the funnel approach. Start with a small program like Pay It Forward For Infinity (PIF) www.ibourl.com/9ep for only $5 (lifetime, of course!). Use the profits from PIF to work your way up to a slightly more expensive program like SuccessQUIK www.ibourl.com/9t5 and move on to even more profitable programs like ListQUIK www.ibourl.com/a1f
For those who can afford it I do recommend that you upgrade at all three. Keep in mind that you could actually refer someone who joins and upgrades right away without you even knowing about it - until you check your email several hours or even days later. Yes, this really does happen - it has happened to me and it will happen to you eventually. And, if it does happen to you, you will be very disappointed that you didn't set yourself up properly.
I would never suggest that people spend money they cannot afford. However, if you can afford to upgrade at each of these programs and choose not to, you have nobody to blame but yourself. Initially your results will be sporadic - a few sales here and there, every now and then.
Over time you will start to see that your commissions are more 'regular'. This would be a better time to introduce a Residual Income to your mix. You will be able to increase your profit potential as your commissions justify the additional expenses. This is what is known as "Working out of profit instead of out of pocket."
Guaranteed ROI - Get All Your Money Back And Then Some
Upgrade in all three programs mentioned above and get all your money back. As I write this, ListQUIK is actually offering a program called "The Matrix Fill Assurance Plan" where the company will help you fill your first two levels in both the 'Lite' matrix and the 'Pro' matrix. Get more details about this limited time offer at their site www.ibourl.com/a1f Full details are inside the members area - you can join for free.
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