The Broken Path of Building Residual Income Up the Mountain of Success
There is something lacking with the industry of building residual income that leads up the mountain to success! I am not complaining because I became involved in this for a reason. To eventually be able to successfully market future books I self-publish.
What amazes me is the lack of knowledge beforehand going into this industry of building residual income.
I signed up to build residual income through my father, Robert Dorsey, which averages $20.00 a month which is not bad but let us take into account that I am not employed at the moment. I have no savings beyond the space on my credit card.
I just spent another $100.00 for a keyword research program.
Then there was the article marketing robot software for $150.00.
Not to mention the SEO formatting for backlinks and page ranking required for building residual income.
Oh, yeah, I must also mention the wordpress tools for your own hosted domain which is necessary for blogging because a free domain will never be looked at as an authority site nor will it be taken seriously.
It has been almost a month and just now I am finding out through my steadfast research that the cornerstone of online mlm marketing is the automated responder which will average $156.00 to $300.00 per year depending on which program you use.
This is the data tracker for all of the contacts you meet out there who will follow you. You will get to know them and they will know and trust you as someone who can offer them solutions of value through your materials, products, and services.
Your cannot expect to be building residual income without it!
Your list of contacts is your only equity!
Of course there is education material which I have been investing in as well that has cost almost $500.00 so far and it is not going to stop there.
The part that blows me away is that there is no warning of how much you will have to invest! The information is not transparently obvious what is required to building residual income business online!
Sure you can build a residual income on a budget as I have to do but I am annoyed at the complete lack of details readily available to introduce someone ahead of time into the enormity of this industry.
I thank my father, Robert Dorsey, for informing me that I would require some software programs in order for it to work so I had some small concept on a visceral level what it was going to take, but I think he was trying to ease me into it to because he understands my financial situation.
Some of the best entrepreneurs in this affiliate marketing talk about the 97% who fail at building residual income.
I now understand why.
What? You Thought This Was Going to Be A Party?
There is no one at the door warning these people that this is a building residual income is not a party.
Why is someone not telling them that in order to make this work you will have to invest hundreds or thousands of dollars to acquire the tools necessary to accomplish it?
Who is pointing out the reality check that this will probably take anywhere from two to five years or more before you crack the code of success so that building residual income will work for you.
This is why I say the path up mountain to building residual income as a business is broken. There is a gross negligence of properly educating people before they get involved in this field and we wonder why the turnover rate is so high?
People do not become a doctor or an engineer without some concept of the price tag or the length of time necessary to go through the education process. Depending on who you are and which path you take and how well you can acclimate to the right business mind, you could end up investing just as much money and time into becoming a successful entrepreneur as the previous mentioned careers.
Up and coming entrepreneurs hopeful about building residual income often perish in this business because of lack of proper training and a severe negligence of adequate information.
If you want to succeed and not be a statistic then I advise you to educate yourself here.