Title:
Pyramid Schemes-What Are They Really?

Word Count:
563

Summary:
Most people (who aren’t even involved in an online business and therefore have no idea what they are talking about) seem to think that leveraged income is a bad thing.

“Isn’t that just a pyramid scheme?” That’s what they’ll say. I’ve heard it over and over.

Keywords:

Article Body:
Most people (who aren’t even involved in an online business and therefore have no idea what they are talking about) seem to think that leveraged income is a bad thing.

“Isn’t that just a pyramid scheme?” That’s what they’ll say. I’ve heard it over and over.

The general (but incorrect) concept of a pyramid scheme is that you sign up, you pay a certain amount of money whether it be a monthly payment or a one time payment, and then you refer other people to this program which makes you money. And then the people that you signed up sign other people up, which also makes you money. Etc etc. This begins to grow quickly into a network of people. Believe me, these programs work and are perfectly legit so long as there is always one simple thing present: a legitimate product.

There absolutely HAS to be something you are getting from the payment(s) you make, whether it’s access to videos or articles, a website, training courses. Something. If there is no product being sold then this is simply money being exchanged between multiple people and is a complete SCAM. A true pyramid scheme is both a scam, and totally illegal.

Now that we know what a pyramid scheme really is, let’s get back on the topic of leveraged income. If there is one thing I have learned as an internet marketer, it is this: If you want to harness the full potential power of internet income, you must create multiple streams of residual income, and embrace the power of leveraged income.

This means that if you have a website, you need to offer more than one program. Sure, focus on one main thing, but offer a product on the side that will:

• Earn you money
• Help your prospects become more successful or help them in some way.

Don’t just join any free affiliate program and advertise it. It could be complete CRAP, and this would cause your prospects to no longer trust you because you made this total rip-off sound absolutely fantastic.

I strongly recommend to anyone looking for another income stream to unleash the earning potential of Google Adsense. It’s easy, and best of all it’s FREE.

Leveraged income on the other hand, is where you make money from OTHER people’s efforts. The absolute best way on the entire planet to do this is to come up with your own product, and start your own affiliate program. Although you will get SWARMS of people coming to your site ready to earn your generous commissions, starting an affiliate program from scratch is notoriously difficult.

So for now, I recommend you START by joining someone else’s affiliate program. This is a great way to get experience with internet marketing, and many people make MILLIONES from joining other people’s affiliate programs.

The amount of money you make on the internet will be a result of:

• How much you know about your niche
• How hard you work at it
• How badly you want to make money online full-time
• How much you ENJOY internet marketing

Don’t get stuck doing something you hate, be PASSIONATE about marketing your business, and be PROUD of it, otherwise it probably won’t work out for you.

Your Business is what YOU make it.