Income report
Happy Income
From time to time I give my readers some feedback as to what is working for more and what not.
At the moment half of the South African work force went on strike. We all know that it do not have much to do with the money they earn, these poor people are misused by the unions and they became pawns in the hands of the unions and government during the politics chess game.
Did you know that there are about 45 million people in South Africa of which only 5 million have jobs. Of those 5 million many do not pay tax and in the end only about 2 million hard working people in this country support the whole 45 million. Can you imagine what a country like South Africa could be if only half the population had an income AND contributed to the country. Of course you would have to somehow prevent the government officials to line their pockets with that money, as what they are doing at the moment.
I am happy to announce that I did not have to strike to get an increase. My increase came by helping others.
Be Motivated Today is quickly on it’s way to become my No 1 single income earner. Remember in July I reported that I earned R4,225.00 from Be Moivated Today? (look here)
Well, this month the total has increased to R6040.08 (see proof at end of article)….
That is an increase of 30% in one month. Be Motivated Today is really doing great. Especially now that they went International.
On its own it is not much of an income yet, but what did you do the past month that could have earned you such an increase? Will it happen again next month?
I received another email from one of the guys who use to be in my BMT downline a year ago, he invited me to join another MLM, the 5th in a year’s time. Hey, if you guys would just stop hopping around and focus on one at a time you will also start to make money. It s that “Next Best Thing” syndrome that is keeping your from making money online.
Other incomes:
My Google Adsense income took a serious knock the past 4 months but it started to recover during the past month and looks much better. On pure Internet based income Google Adsense remains my best earner. I can see that it will never be something I will be able to just leave and let it earn me money. As more and more web sites are created, the market gets flooded and you have to keep on promoting your web sites in order to make sure people find your site first. But I still prefer my Adsense income as I do not have to sell or do anything to earn my income.
Affiliate Programs: I had some good luck in August, One of the campaigns in one of the affiliate networks which I talk about in my eBook earned me over R9,000 in one month. Unfortunately this was an once off campaign. But these things do happen. That pushed my affiliate earnings up for that month. In general my earnings from affiliate programs is about my third to fourth best income. One of the best performing programs is an International Forex Affiliate program.
Selling my own products and services
I probably said this a million times over and I would like to say it again; There is nothing that gives you so much pleasure as selling your own products online. Even though I am making more money from Adsense, some MLMs and affiliate marketing, I enjoy selling my products the most. In August I ran a special on my web build web site where I sold the eBook and DVD package at half price. This paid off very well and I sold 5 times more DVD that I normally do in one month. When you read my eBook you will note that I mention one of my eBooks which i have been selling for the past 10 years, well, I am still selling it. So that is work done once which is earning me an income for many years to come.
Other MLM businesses:
I already mentioned that BMT is now doing extremely well. Other MLM businesses that are doing well is ICI and U-Care.
ICI remains the most stable MLM I am involved in. I must confess that I do not put in much of an effort to recruit new members for ICI, I am happy to support those who are there. But even though I am not going out to look for more clients, my income remained stable (grown a little bit in fact) during the past 4 years.
U-Care took a bit of a dip, but they are busy to recover. they now have online webinars . They have been arounf for a couple of years and I think they are there to stay.
Fwendz - Well, when I joined Fwendz I knew that it would be a long term project and that one cannot expect to earn thousands quickly. But soon it will be earning me a noticeable income. My business circle has grown to 24 members and because of the forced matrix most of my first level partners now have people under them which they did not recruit. It is just a matter of time, then this one will take off. I joined Fwendz because this is the only one where you can get our children and those without Internet involved. It is ultra affordable and is very easy to do.
Fax to email
Sad news, I think the days of making money from Fax to email is over for the normal Internet user. There are just too many web sites offering this free service now. The other problem is that all the big companies now also offer a free fax to email number. Unless you have a huge mailing list, big web site or many existing clients i would not waste my time and effort on starting a new fax to email web site now. I am still making a pretty penny from Fax to email and it is easy money, but I can see that even my latest web site suffers to get subscribers.
As usual I only reported on money making methods that is earning me R1,000 or more per month.
Be Motivated Today proof of earnings
I hear what you say, I will be implementing the depth builder strategy this year and see how it goes.
Sure, I hear you, and agreed on the whole lazy downline thing. But I also think you may have missed the entire point of the depth building strategy.
If everyone focuses on getting only two people, and if they happen to get more, they see how they perform, if they don’t, they put them underneath someone who is performing, as a reward. Kind of…
If you build on two, and help your downline, and everyone else in your downline focuses on getting two people and supporting their 2 people by rewarding them with any other people they get, you will find your matrix to reach level 9 quicker. And that’s where you want to be, as all the money is made in those lower levels…
Less people also cancel, because they see the system is actually working for them, and you’ll find that those “lazy” people can become quite the workers when they actually see how the numbers are accumulating below them…
Just my 2 cents…
I have not implemented it yet because I do not believe it is a good thing. Arnfried however convinced me that it is and I gave him permission to start doing it on my account the way he feels it will benefit the most people. The reason i do not like it is, it is Ok to move people under some people in the beginning. But imagine if there is 10,000 people in your level 6, where will you now get 50,000 to place under them and then you have to get 250,000 to put under them. In my experience it is better to teach people to do their own work. In my experience forced matrixes and these depth building strategies creates lazy downlines who just sit and wait for their downlines to be filled by those who are working hard.
Sure makes sense… But have you started implementing the depth builder strategy that BMT introduced in November?
I’m sure you would make much more money if you and your downline did this…
Seems like it is stabilizing a bit, probably the silly season, Dec earnings was R6,710
Hi Pieter.
I’m a fellow BMT member, not in your downline as far as I know, but was just wondering…
I see this post is quite old, so how are you doing now? Have you applied the depth building strategy to your downline?
I have also tried SurveyBasket, and have made a little money from it although I signed up in April. And only had a few surveys sent to me. I think it will be a nice site to make money from when they have more companies asking them to do surveys. Another site I have found which is a lot easier. WebAnswers is a cool site where you get google adsense impressions from questions and answers you post on the site. You dont make much at first, but it keeps on growing. I am on it for since November and have made around R100 already that month, but looks like I will make more than that this month so far. And also now you get more chance to earn revenue by reffering people.
Wow Pieter, that’s great! What methods do you use to attract people to BMT. Do you have a favorite method or do you use multiple methods?
September’s earnings was R6,562.58 which is R522.50 up from August’s R6040.08.
Hi Pieter, I am researching MLM marketing in SA. In the past I used to shy away from these companies, but a brand new opportunity has presented itself and I would like to give it a go and make a success, but I need some guidance to market on the internet. It seems that you have a lot of experience and I was wondering if you could point me in the right direction?
Hi Pieter, All the above is a massive inspiration. I’ve read your book and my website was launched yesterday. It’s very hard work right now, but as you say, it’s for the long term so I’m doing the learning curve. Thanks again for your help. Keith
@ Pieter, well done! it might only be R200, but I have been at R200 as well. You have to start somewhere. I am sure as the word spread more and more people will realise how good BMT is.
As for your Adsense, try having “Text ads only” for a month and see if you see any improvement.
Yes, I fully agree. I have only been involved with making money online for about 8 months now and I get a steady R200.00 a month from BMT. My adsense is only R36.00. It’s a war zone out there trying to get traffic to your site. I just wish more people will realize BMT’s potential!