Please follow and like us:
income producing assets

So Why Aren’t You Building Some Real Income Producing Assets?

There’s no doubt, you’re definitely involved in, and or you originally started your business or service, in order to earn a rewarding profit correct?Congratulations. Me too.

However, as you’ve no doubt, already discovered. The road (on or offline), to consistently earning a profit, is not always nice and smooth and straight forward. Correct?

Still and all. As you painstakingly master the extremely fine art of creating and creatively monetizing, certain types of income producing assets.

Your fully developed abilities, to leverage almost any given business situation, are greatly enhanced.Don’t you agree? Absolutely.

The remainder of this post, is dedicated, to offering you even more practical examples, of how you can and definitely should go about doing so.Are you ready?

So What Or Have You Done Recently To Create Some Sort Of Income Producing Assets!

Take a real close look at the image included with this particular blog post. Do you recognize the name, James Mcallister, of jamesmcallisteronline.com fame.

No doubt some of you do.Right? And those of you aren’t currently familiar with him and his multiple proven areas, of both on and offline marketing expertise just yet.

You definitely need to be asap. (Hint: That’s him in the screenshot image just below.He’s recording a youtube video, and the script being used, will later be converted into a podcast episode as well.)

Any way, James is one of my expert Internet marketing coaches and mentors. And as soon as you also start investing in his proven areas of expertise. You’ll definitely know and understand why, too.

income producing assets

So Why Aren’t You Building Some Real Income Producing Assets?

So What Specific Types Of Knowledge And Or experience Do You Really Need In Order To Start Creating Income Producing Assets?

Great question. And the short answer is. It truly depends on:

A.) How much real and sustained effort, you’re willing to make. Before you quit, because you’re not a self made multi millionaire by next Tuesday. Even though, (truth told), you’re only putting in, somewhere between 1-2 hours a day, worth of semi legit effort.)

 B.) How quickly, you’re able to convert, the various, potential income generating assets and or resources, you already have access to.

C.) And both your long and short term, income generating goals, truly are based on your current skill set.

So Do Your Income Producing Goals Have To Be About Making Really Big Money Right Out Of The Gate! (Absolutely Not!)

Case in point. The banner type image featured in this particular blog post.It’s a real image, taken directly from my coaches site. But it’s not currently an affiliate link, just yet.

But here’s what you need to think about. In order to start developing, the right marketing -mindset-perspective.

Take a look at the screenshot for the payment button for James-s blogging course. Then, what you read after this, will (hopefully) make a lot more sense.

income producing assets

So Why Aren’t You Building Some Real Income Producing Assets?

Are You Ready To Seriously Consider How Multiple Streams Of Income Producing Assets And Or Opportunities Are Constantly Created!

My expert Internet marketing coach and mentor, is very fond of saying and articulating how, once you and I start creating any type of consumable content of any kind. Be it blogging, podcasting or whatever.

As soon as this shift occurs.We have successfully transitioned from not just consumer.To now we’re creators or producers of content.Right?

And (as you) are already aware. You can now sell, market, promote, barter and or use some or all or some form of your content, to give away as a potential lead generating tool.If you wish to>

There Can And Definitely Are Tons Of Extremely Valid Reasons Why You Would Allow Your Top Affiliates  Or Joint Venture Partners To Earn 100% Of Your Front End Products Or Services!

In order to build your VIP opt in email and or mobile marketing list. Or you can create an affiliate program of some kind, and let your top (most profitable affiliates), earn anywhere from 80-100% of the sales of, in his specific case.

Let’s say his most productive affiliates, earn 100% of his front end product,which is his $47 dollar blogging course. Say what? And he of course, will strategically profit 100%, from the long term back end of his sales funnel.

Now then. Take a closer look at his screenshot image for his “Take This Course” button. It retails for just $47 dollars. Be sure and check his site for any price recent changes.

It mentions to date, 1,800 students have already taken the course, right?And without knowing what actual price, all 1,800 students have paid.

This Is How And Why You Definitely Need To At Least Partially Understand The Total Lifetime Customer Value Concept!

Just for ease of calculations.Let’s say all 1,800 satisfied students have invested $47 dollars each. ($47 x 1,800 = $84,600 dollars in gross front end profits.)

However.In James-s blogging course, he also reveals how, as a direct result of his becoming a professional and highly engaged blogger.

He has routinely been approached, by some fairly big name brands and or highly influential individuals.And they want him to, (either) frequently create content for their blogging audience.

And or, they want to talk about forming, some type of mutually beneficial JV (joint venture) arrangement of some kind.

And it’s on that last note.You and I definitely need to pay close attention to.

There’s Probably More Long Term Profits For You To Tap Into Than You Fully Realize And Or Appreciate!

Case in point.Let’s say, for every top affiliate of James-s, who earns 100% of the front end commission, on his $47 dollar blogging course.

On average, for every 75 sales, James gives away the front end $47 dollar commission. On his immediate back end, he lands a 5,000 dollar a year, coaching/consulting client.

Plus, he earns an additional $5,000 dollars, by contributing to their content, plus helping them consistently generate, highly targeted traffic, to their WordPress website and or blog.

So let’s do the math, shall we? 75 sales of his course, (at the affordable price) of $47 dollars.Or X.

Means James-s top affiliates,  just grossed $3,525 dollars collectively, right? Meanwhile, James grossed a cool $10,000 upfront, minus the $3,525 in gross commission costs.

How Fast Would Your Business Or Service Move Ahead With A Proven Marketing Blueprint Like This!

So on average. For every 75 sales commissions James gives away, to his top affiliates. He typically nets the difference between $10,000 – $3,525, which equals $6,475, correct? ($10,000 – $3,525 = $6,475.) Are you still with here?

And remember, the additional, $10,000 dollar plus clients going, will typically be referrals, from his actual clients. Not his top affiliates!

And if his high end coaching/consulting clients, on average, are worth at least 3 additional $10,000 dollars a year consulting/coaching clients. Over the next 3- 5 year period.

Well, hopefully you get the primary marketing idea and overall strategy here, correct? Great. So now, hopefully,you can much better appreciate.

Are You Definitely Ready To Make It To The Very Next Level Or Two!

Why (you and I), definitely should be diligently trying, to create and or consistently leverage, some sort of incoming producing assets.Don’t you agree?

P.S.Now as is customary during this part of our show.

Please share your extremely valuable comments
(in the comments section below) that you can apply to your business,
product or service in the next 30 days or less!

As always, if you got any value out of this post,please share this on your favorite social
media sites or tweet this.Thanks!

And if you’re currently registered on Linkedin or twitter,and you’re serious about about doing
some type of power networking.Let’s get connected asap!

And be sure you grab your explosive free 22 step small business marketing idea kit series,
because it will help you increase your gross profits by as much as 25% in the next 90 days or less.

And help you master your effective communication in marketing skills.(No matter what your
particular niche market is.) It’s a $97 dollar value and it’s free!

4 Responses to So Why Aren’t You Building Some Real Income Producing Assets?
  1. Hi Mark!

    Great article, with very valuable lessons.

    Not enough bloggers are focusing on

    1. How their content ultimately leads readers into a sales funnel, whether it be purchasing a product directly right away, or at least fostering further engagement through an email list or something similar.

    2. Building a deep back-end to maximize the value of each buyer.

    Right now, I’m more in this for the long-term, and getting and retaining the attention of a wider market is more important to me than widening my margin with front-end sales.

    Most people would never know it, but my personal brand is still technically my side project – most of my work is still done with my baby product and print on demand brands.

    For the former, we were happy to run advertising campaigns at cost and make nothing upfront, even losing money in some cases.
    We knew our numbers, and that people would buy again over time. There’s a reason that now, whenever we release a new product line, we instantly make sales.

    Ultimately this is similar to what I’m going for here. I want to grow a large network of affiliates who are happy to promote my products because they’re making more than they could make elsewhere, and then have that engaged audience I can direct wherever is best in the future. Additionally, all of the success from my students acts as social proof to help close the larger business clients.

    Every product is an asset, just some pay out at different times, or in different ways.

    Very insightful article, thank you!

    By the way, I’m about to add 15 or so new, more advanced lectures to the blogging course I think you’ll like. I’m going to be sending out an email to all my students as soon as these are up. Wanted to let you know so you could be on the lookout!

    – James McAllister
    James McAllister recently posted…5 Digital Products You Can Create This Week, To Skyrocket Online EarningsMy Profile

    • So very cool James!

      You have to forgive me, but as I’m reading through your
      awesome comments. My head literally started spinning
      from a lot of creative content possibilities!LOL!

      You really have shared a ton, of potentially valuable
      content creation inspiration here.

      I noticed, this particular blog post, has already received
      a ton of social shares as well.

      And your comments are extremely practical as well.Nothing
      like being immersed in a little reality business
      building and marketing!

      And thanks for the heads up email
      forth coming, about the updates to your blogging
      course.

      I’ll definitely be on the loo out for it.
      Mark Newsome recently posted…How to Catch Attention With Your Job Descriptions!My Profile

  2. From day 1 Mark we really need to think monetizing. Think assets. Create and share value. Connect with folks. But monetize, to get comfortable with being a business person.

    • I’m with you a 100% coach!

      And you articulated it extremely well coach.
      Meaning, you definitely have to grow into
      being and thinking like a successful entrepreneur
      business owner does.

      And we both know, not every ex employees,
      is able to make the transition.

      Thanks so much for stopping by and sharing your
      real world thoughts! Greatly appreciated!
      Mark Newsome recently posted…How to Catch Attention With Your Job Descriptions!My Profile


[top]

Leave a Reply

Your email address will not be published. Required fields are marked *

CommentLuv badge

Social Share Buttons and Icons powered by Ultimatelysocial