Multiple Streams of Income or Multiple ways to rip you off?

Multiple streams of income have been around for years. It is the technique that many successful internet marketers have used for years. The problem is that many internet marketers have twisted this around to favor them ripping you off and justifying it to themselves so they can sleep at night. Let me explain.

Many multiple income stream marketers market products. Weather it be a new software program, affiliate program or training tool. Meaning, if they knew how to produce incomes selling one product, why not duplicate those efforts and sell many products.

Now a days, we have so many fools running wild out there who are taking this concept of multiple income streams to multiple ways to rip you off. I call them program jumpers. On the surface, they seem like experts. They will tell you everything you want to hear. You might even want to work with these people as they are so smooth in their approach to rip you off. Heck, you might even end up liking them. They might even back up their story by holding training calls, giving away free marketing tools such as lead capture pages and auto responder messages. They may call themselves trainers or master affiliates or master distributors. Be Careful out there and use common sense.

Do you know who Jeff Foxworthly is? He is comedian famous for the joke…"You know you’re a redneck, if….." He also hosts the very popular TV show called "Are you smarter than a 5th grader". Ok, I call this test the Jeff Foxworthy test and it goes like this. You know you’re a program jumper and rip off artist if…..

If they have joined and promoted 3, 4 or more internet programs in one year.

If they tell you things like, Get in early, It’s brand new or "My Favorite Rip off Line" It’s in pre launch and is going to be the biggest thing since sliced bread.

They tell you, I am so big on the internet, that companies look for me to help them launch their company.

If they have a portfolio of more than 3-4 programs for you to choose from.

If some of those programs are very similar.

If they tell you things like I am only passing on the information, because if it is hot and new, I am going to be the first to hear about and help get the word out.

These are classic lines these rip off artists use, so be careful out there and use common sense. There is a company out there that has multiple streams of income built into one company. They have a stable track record of solid growth and is run by two of the most respected internet marketers on the net, who mastered multiple streams of income. I am not here to try to sell you on something, but I do wish to let you know about EDC Gold and I invite you to use your common sense and check them out knowing what you know now.

Beware of the Scam Artist?

What is a scam artist? I thought long and hard before writing this article as not to offend anyone. Nobody would ever be complimented by being called a scam artist. A scam artist is one who takes your money for product or service and never delivers anything to you. They run off with your money to never be heard of or found again. I have found very few people in the world who are scam artists like that.

It has been my experience that there are similar traits in a lot people on the internet and I’ll let you be the judge weather or not you call these people scam artists. I usually find that program jumpers have similar traits and characteristics to the scam artists or maybe more resembling a swarm of Locusts. These people are usually people who jump ship to every new program out there on the internet. If a new program comes out, they jump in it, take all you suckers out there with them until they have sucked you dry and then move on to the next program.

Here is an article I found at http://encarta.msn.com/encyclopedia_761574486/Locust_(insect).html Let’s see if this resembles any of the so called "Internet Guru’s". Locust (insect), common name applied to a number of jumping insects and especially to the true locusts, which are migratory grasshoppers (see Grasshopper). The true locusts cause great damage to crops wherever they swarm. Control measures include the spreading of poison bait and the plowing under of locust eggs. Infestations threatening large regions of the United States are combated with insecticides sprayed by planes and truck-mounted mist blowers provided by joint federal-state programs.

Aside from the true locusts, the periodical cicada (see Cicada) is another important insect to which the name locust is applied. Grouse, or pygmy, locusts are small, jumping insects that are of little economic importance. Most species are dark brown and are less than 2.5 cm (less than 1 in) in length.

Now, does this sound familiar out there on the internet? I would love to warn you about these people by name, but would never do that. I will however, give you things to watch out for and let you be the judge.

If a person has joined 3 or more programs in one year, they are probably program jumpers, which as we see above, have similar traits to the locusts and do more harm than good. These people are simply out to take your money. No wonder they are making so much money. They have perfected the locust style of business.

So many companies....What is right for me?

Beware of the Fluff. They seem like great companies, they have a good sales pitch and their comp plan looks good too. They have big corporate offices and have been around for years. Isn’t that good? Any company out there that sells products like lotions, potions, pills, miracle juices or miracle gas saving products usually doesn’t work for the average person for many reasons.

Those companies usually make most of their money from you, the distributor, not from selling the products. They have you on auto ship, so you are their income.

They only pay about 2% to 15% so many levels deep. They will tell you that when you fill the matrix, you won’t have to do anything and you’ll be making 20 to 40k a month. The truth is, there are so many loop holes to their comp plans that no body ever reaches those levels. You either will have too many people on your left, but not enough on your right side to make the higher level payouts. They tell you that you need more personal volume and your group volume is fine or vice versa, or my favorite, you had fallout this month, so you no longer qualify for that car bonus we promised you about.

They make you hold home parties to push your crap on your friends. Listen to me…..If I wanted weight loss, I’d go to GNC. If I wanted Lotions, I’d go to CVS, Save on, Nordstrom or Bullocks. If I wanted to put additives in my gas tank, I’d go to Kragen, Chief or Pep Boys and buy a product from STP or Penzoil. You get what I mean….?

They are a copy cat company of the original company. How many companies out there are selling a juice that is based from the Acai Berry, Goji berry or the Mangosteen fruit? How many of those promise to cure cancer? What a joke? Is our society that ignorant that if something actually cured cancer, wouldn’t we want to check it out? How many travel companies are there now? How many fuel additives are there now? How many of those have been shut down? How many make up, skin lotions and vitamin companies are there out there?

It just seems like there is so many junk companies on the internet, how do you what is good and what is not? Some of these companies above actually have a good product, but I would never go in business with them.

So, how do I choose a business that I can profit from and that I can be proud to represent?

When I evaluate a company, I look for these key points. Keep in mind, when I join a company, my #1 goal is to make money and to do it legitimately. I do not want to hurt anyone or rip anyone off. This is what I’ve learned and these guidelines will help you determine what company is right for you.

If you are not making at least 75% of the upfront commission when you make a sale, forget it. This means that you are doing all the work and the company and/or the person above you is making all the money.

If you have to have 1000, 10,000 or 20,000 people in your organization before you make any real money. DO NOT Join. Most people will NEVER get there.

If they teach you to hold home parties and invite all your friends. Run away fast.

If they have a sales pitch 2-3 times a day and only 2-3 training classes per week. This means that the company is more interested in selling you than training you how to make money long term

If you can’t break even or get into profit with 3 sales, forget it.

If you can’t speak with the owners or the corporate office via phone or webinar, Forget it. I like to know who I am doing business with before I will do business with them.

If it is a start up or in pre launch, forget. The chances of these companies becoming the next Amway is about as good as winning the lottery. At least with the lottery, you have a chance to win once or twice a week. You might as well go to Vegas and blow your money on a good time. At least you’ll have some great memories, see a great show and have a great meal.

These are not all the rules for success on the internet, but this is a great guideline to follow when evaluating an internet company.