Still with me? Good!
Today I hope to convince you why you should have your own
membership site!
In my humble opinion, having a successful paid membership site is
about the most perfect business you can have.
Why? Let me explain…
Note: If you are already a speaker, consultant, writer, or
"expert" on almost any topic, then you are in a perfect position
to create a membership or mentor type of website which could
double or triple your income. You should start a membership site
today! If you aren't sure contact me and I may help you directly.
It's the dream of most people to start their own business,
especially the idea of an online business they can run from home.
They want to achieve the dream of being able to leave their full
time job. (or at least create a steady second income) To most an
online business sounds like the ideal way to do it.
After all there are hundreds of ebooks showing you how to make
money creating ebooks, selling on eBay, selling other peoples
products as an affiliate, etc.
However probably 95% of people who actually do the work to create
ebooks, sell on eBay, or become an affiliate will NEVER be able to
leave their full time jobs (or create a predictable 2nd income)
despite their best efforts.
Why?
3 words …..steady….predictable….cash flow!
Let's face it, a steady cash flow is the key to financial
security. For most people that comes from a j-o-b. At least until
their company is bought out by another company, or the economy
goes into a recession or something else causes them to lose their
job.
When you start an online business whether it's selling ebooks or
eBay or whatever it's very, very hard to generate a steady monthly
cash flow that you can depend on. Steady enough to pay the
mortgage. Ask anyone who has done it.
Contrast that with having your own paid website and having people
pay you for access, by the month, by the quarter, every 6 months
etc.
For example if you had just 100 people paying you just $10 a
month, you would have a steady cash flow of $1,000 month after
month, rain or shine. (Many people accomplish this the first or
second month their site is up.) Now let's say you are able to get
your membership to 200 members and have a membership that costs
$20 per month. Now you are up to $4,000/month after month after
month.
Choose the right topic and this could happen in your first 2-3
months.
Some membership sites earn 10x that amount!
Are you starting to get the picture?
Having a paid membership site gives you the steady paycheck of the
job …but without the job! :-)
This is a reality for people who run successful membership sites
and it could happen to you too!
Tomorrow we'll talk about the all important subject of choosing a
topic for your paid website.
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MemberstarTM: The most comprehensive, affordable
content/membership software available today. http://memberstar.com
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MemberstarTM: The most comprehensive, affordable content/membership
software available today. http://memberstar.com
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