Residual Income Formula: Three Simple Ways The Ultimate Insiders Use It To Make A Fortune!Part Three

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The residual income formula has many benefits!

As you discovered in part two of this ongoing series about cashing in using the proven residual  income formula.

There are (fortunately) tons of low cost, proven ways for any savvy small business owner, service provider.

(And or) savvy entrepreneur (such as yourself) to cash in using it.Don’t you agree?

And as you also recall in (part two) of the residual income formula series.

Dean Grazioso, was offering his brand new book free to the first 100,000 (or X number of semi qualified ) prospects that called the toll free number.

And as long as they paid a small fee that covered (both) the cost of printing the book, plus the cost to ship it.

(FYI: Does that first strategy give you any long term profitable marketing and or promotional ideas?

Do you see how and why you should be strategically giving away one of your most popular selling products or services. ( Like maybe a CD,DVD or digital special report) of some kind in order to build that all important (online) email marketing list, or offline mobile database!) Say yes!

You Don’t Have To Be An Established Guru Or Guruette In Order To Implement This Proven Marketing Strategy!

But here’s the point. Dean Grazioso and Robert Allen are both extremely successful and already established entrepreneurs. Are they not?

And therefore (you’re thinking), and rightfully so, it’s a heck of a lot easier for them to get a major cable network TV company, to offer them unsold national cable time.

And agree to get paid an ongoing monthly residual back end income of some kind.Right?  😀

In exchange for not charging them upfront for the cable time.And or very little upfront.

Obviously the cable company (or company X), your potential joint venture partner(s) will benefit many times over (provided) of course.

Your customer’s total lifetime customer value  justifies you marketing your business,product or service this way.No arguments here.

As You Take A Much Closer Look You’ll Quickly Discover There Are Literally Tons Of Proven Ways For You To Implement Some Bank Account Filling Direct Marketing Strategies And Or Tactics!

The national toll free phone service company stands to make out as well, because they get paid (in this) particular example only!

They earn $23.50 (or X amount per month),as long as each person who ultimately upgrades to their paid membership site remains a paying member. 😀

Remember, Dean already knows (because) he and his extremely marketing savvy publishing team have already calculated the numbers.

(On average), for every 100,000, (or X number) of semi qualified prospects who order his free book, 33,700 (33.7% of 100,000) will ultimately join his paid membership site,(on some level), and as long as they remain a paying customer in good standing.

This Is Why It Definitely Pays To Constantly Develop Your Entrepreneurial Skills!

The national toll free number provider service will earn 50% of whatever Dean earns off of their particular membership level. And for the sake of example only.

Let’s say the toll free number service provider will earn $23.50 per month,  (in the beginning) anyway,off 33,700 people! You can do the math yourself!

They’ll probably earn more from this type of fairly standard JV (joint venture)arrangement, than they will ever earn, from simply charging Dean’s company, (x amount of dollars per month) for the use of their toll free phone service!  😀 Don’t you agree? Absolutely.

But let’s face reality! In the beginning, Dean, (nor any other ) up and coming aspiring entrepreneur, doesn’t quite have the proven track record or the necessary clout to pull this type of long term mega JV off!Right?

And probably neither do 98-99%% of the eyeballs reading this! Even Dean and or Robert Allen (and all the) other gurus and guruettes had to start at the beginning.Right?  😀

Isn’t It Truly Amazing What Some Of The Simplest Lead Generation Strategies And Or Tactics Can And Will Definitely Do To And For Your Bottom Line!

But before you go any further, hopefully you can see and grasp the overall marketing concepts here. That being (whenever) you have a built in, proven long term residual, back end income stream, available to you.

You can creatively leverage other established business owners assets (such as) their national toll free lines, or their national unsold cable TV time, or their unsold display or classified ad space or radio time etc.

And pay them with the income generated on your ventures ongoing back end income stream(s.) How’s that for “No Money Down?” Eat your heart out Carlton Sheets!

How The Ultimate Insiders Leverage And Profit From Other Business Owners Assets!

Before you move on, let’s take a look at Robert Allen’s situation. As you recall, Bob was already profitably lead generating by giving away a special free, 33 part Real Estate mini investment email course, at one of his best sales converting lead capture page websites.

And since both he & Dean totally understand the benefits of joint ventures, Bob has decided to JV with Dean’s company.

And  Bob merely adds one more extremely well written email message to the end of his ongoing 33 (or X) part email series.

And this 34th (and possibly) 35th message offers Dean’s brand new book to Bob’s 500K plus opt in email list!

And let’s just say that 25% of Bob’s list upgrades to Deans paid membership site.(Just in case you’re wondering, (25%) of 500,000 is 125,000!) (500, 000 x .25% = 125,000.)

Your Entrepreneurial Ideas Are The Creative Bridges To Even Greater And More Profitable Marketing Opportunities And Or Possibilities!

And because they are Bob’s customers, they get a special VIP discount rate of just $27 dollars per month!

And ole Bob nets a passive residual income of $13.50 (50% of $27 dollars) each month that his customers remain a paying member to Deans site!

Which means he’ll gross a staggering $1,687,500 dollars per month! In additional passive back end residual income! (500,00 x .25% = 125,000.)

And he’ll gross $13.50 each month, per customer for as long as they remain a paying member! Yea buddy!

Going Into Your Potential JV Arrangements Giving Not Just Taking!

Now without going any further with this completely watered down example! You probably don’t see the brain dead simple mega proven money making opportunity staring you in the face!Do ya?

And it’s just one really simple marketing step away and kaboom. You could put this money making strategy on steroids!

How To Profitably Leverage Your Expertise Even When You’re Just Starting Out With Little Or No Money! Or Assets  And Profit Big Time From The Residual Income Formula.

Let’s boil this thing down. Remember way back when Dean, Robert Allen (you & me) were just starting out? When you had virtually no list, and very little real world money making experience and no clout etc.

Suppose because Dean is extremely marketing savvy, (he or you) decides to participate (in other words), he joint ventures with another expert author and agrees to supply a chapter on (what else) Real Estate investing.

In exchange for national,possibly even International (lead generating) exposure! Dean (or you) agrees to share his proven expertise with a vendor in (either) their book or CD or DVD product.

A percentage of the leads ultimately joins Deans opt in email list, plus join his paid membership site.

There Is Simply No Getting Around The Need To Become Really Effective At Lead Generation!

And a certain percentage of them also upgrade and buy his $997  dollar digital product and, and an even smaller percentage, upgrade even further.

In order to attend his offline $10k per person (or $16K for any two people, “Millionaire In The Making!”, week long boot camp!

In case you missed it, the strategy for you & me when you’re just starting out, is to simply agree to share your proven expertise, (via) audio,video, podcasting and or by agreeing to supply a chapter in some other JV partners course, book or ebook etc.

Or (initially) speaking for free at one of their high profile, power network driven offline events.

And holding a free drawing of some kind.You or they choose the grand prize winner(s) and you strategically follow up with everyone else, (either) by offline snail mail and or opt in email.(Power list building 101 at it’s finest!)

It’s Definitely Starting To Become Obvious Why Lead Generation Alone Is A Multi Billion Dollar A Year Industry! (And Constantly Growing!)

And offer them your best market tested, discount and some other free bonus goodies, (for an extremely) limited time of course, for ordering now!

You get the free power bonuses from your top JV partners!Stop making totally lame excuses for doing nothing entrepreneur!(And continuously allowing tons of untapped marketing and promotional opportunities pass you by!)

Or you can simply add your lead capture page and or WordPress blog address in their material that you supply and start list building asap!

And start strategically following up, via opt in email and or by phone if need be, and systematically converting some of those quality leads into long term, repeat customers and or clients etc.

Are You Definitely Starting To See How and Where You Can Put Your Entrepreneurial Skills To Work!

Or Dean could simply create another back end based, digital information product called “How I created a multi million dollar information business, simply by supplying a chapter in someone else’s book or X!” A documented step by step case study.

That (my friend) in a nutshell is how you can and will profit big time from the residual income formula! Any questions?

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

And if you’re currently registered on Linked or twitter, and you’re finally ready to do some type of power networking. Let’s get connected asap!

Extremely important note: If by chance,you happen to know of any smaller, lesser known podcasters, who also targets primarily small business owners, service providers or start up
entrepreneurs in general.The same as I do.

And they’re actively looking for guest whose services, such as my small business marketing services, also targets them.Please don’t hesitate to pass my name on to them or vice versa!Thanking you in advance for any and all assistance you may be able to provide!

And be sure you grab your explosive free 22 step small business marketing idea kit series. It’s a $97 dollar value and it’s free!