So to recap, we have conditioned our mindset, learned the difference between linear and leveraged income, and explored the advantages of entrepreneurship. We examined all the choices for an online business and made a decision to only go with the Diamond Cash Club compensation plan because it generates the most income in the shortest amount of time with the least amount of effort and investment.
At this point you‘ve got a Leveraged Income for life business and it‘s running itself for the most part, and if you have followed the steps as I walked you through this, you have your first true business asset!
You joined, set up your business system and came to an understanding of credibility and earning trust. You also understand the value of Life Time Customer Value. You are doing great --- but --- you have all your eggs in one basket, namely Diamond Cash Club..
Diversify by setting a second DCC money stream while the first one is generating payments to your bank account.Of course there are many other gems that hide in the glitz of Internet Search Engines. But you have to have a good eye to find them. If you don‘t have any luck, get back in touch with me, and I‘ll clue you into anything new I‘m working on.
We must not forget your back-end‘ sales people. You have kept your list up to date and kept in touch with all your clients. So even if, in our wildest imagination, Date and kept in touch with all your clients. So even if, in our wildest imagination, your front end starts to fade or even die, you still have your back-end or LTCV people.
Now the trick here is to take some of the funds from your first business asset and turn it into additional assets working for you. Put your money making you more money — the secret of true wealth. Try investing in real estate or the stock market, invest in second mortgages or pick out some mutual funds to set up a new money stream in a new area of business.
There are some sweet real estate deals from time to time and a duplex or 4-plex that generates residual income is what you want. Or you can flip a house and make some serious profit.
You have already done this once, you can do it again. Like learning to ride a bike, no one can take this knowledge away from you.Diversify — it makes sense to have a safety net.