gogiver8figs
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Hi all,
If you've ever thought about getting into affiliate marketing - this story can benefit you.
The thing is this: The TMF book completely "opened my eyes" because it changed my perception
of wealth as a successful affiliate marketer.
And if you are thinking about doing affiliate marketing, know that the Affiliate marketing model
does not gel with TMF Wealth Perception.
Here's what I mean:
Affiliate Marketing Wealth Perception (My Perception Before):
Build business systems for cash flow
TMF Wealth Perception (My New Enlightened Perception After):
Build business systems for cash flow *and* asset valuation.
Want proof.
Here's some excerpt for you from the book that provided a few of my "aha":
And you can't sell/liquidate what you don't own (the affiliate marketing business model is based on selling OTHER
PEOPLE's products and building OTHER PEOPLE'S brand assets).
READ THAT PART OVER AND OVER AGAIN...
Think about it...
People in internet marketing/affiliate marketing talk about "passive income" while people in startup circles talk about "growth", i.e. asset appreciation.
Venture capital-backed firms are focused on generating a return for investors - that can only come from a liquidation
event (being bought out, going public, etc).
Even when they are profitable, they often reinvest the money into the company to enhance growth (as an analogy, think of real estate. Instead of spending the money from tenants each month on goodies, you reinvest the profits into
things that increase the value of your property. For instance, you might buy OTHER properties and increase the value of your real estate portfolio as a whole)
So, to sum it up, asset appreciation and liquidation is the key to massive, rapid wealth creation - not passive income.
Furthermore, think about it.
What's safer and more "passive" then cold, hard cash in the bank?
It virtually always takes more timeto BUILD vs. BUY.
This is the secret behind why large corporations buy pre-existing companies.....
So the next time you get an email or see an ad trying to pitch you some affiliate marketing opportunity - think of this short post.
I am not saying that strategic joint venture relationships cannot increase the asset value of your business.
But just building a website and selling other people's products and building other people's brands is not going to lead to the asset growth and liquidation event that is the hallmark of TMF Wealth perception -
TMF Wealth Perception:
Build business systems for cash flow *and* asset valuation. (pg. 122)
Want to make real money in Affiliate Marketing? Focus on building and growing an affiliate program to sell YOUR OWN PRODUCT - don't BE someone else' affiliate...
That's been my new focus going forward - by all means join me...
If anyone cares to chat about running their own affiliate programs, feel free to reach out
.
If you've ever thought about getting into affiliate marketing - this story can benefit you.
The thing is this: The TMF book completely "opened my eyes" because it changed my perception
of wealth as a successful affiliate marketer.
And if you are thinking about doing affiliate marketing, know that the Affiliate marketing model
does not gel with TMF Wealth Perception.
Here's what I mean:
Affiliate Marketing Wealth Perception (My Perception Before):
Build business systems for cash flow
TMF Wealth Perception (My New Enlightened Perception After):
Build business systems for cash flow *and* asset valuation.
Want proof.
Here's some excerpt for you from the book that provided a few of my "aha":
"According to research and marketing firm The Harrison Group
(HarrisonGroupInc.com), only
10% of penta-millionaires (net worth $5 million) report that their wealth came from *passive
investments*. Age data was not provided but you can guess that none of the 10% were under 30."
Chapter 12, pg. 96
MILLIONAIRES CREATE AND MANIPULATE ASSETS (ASSET VALUE)
"In a survey of 3,000 pentamillionaires ($5 million net worth) the Harrison Group
(HarrisonGroupInc.com) reported that almost all pentamillionaires made their fortunes in a
big lump sum after a period of years. Worth repeating: a big lump sum, not “by saving 10% of
his paycheck for 40 years.”
“A big lump sum” is just another phrase for *“asset value.”* Furthermore, 80% either started their
own business or worked for a small company that saw explosive growth. Explosive growth is
another phrase representing asset value."
Chapter 18, pg 136
ASSET APPRECIATION/GROWTH not PASSIVE INCOME is the path to rapid, massive wealth via a liquidation event.(HarrisonGroupInc.com), only
10% of penta-millionaires (net worth $5 million) report that their wealth came from *passive
investments*. Age data was not provided but you can guess that none of the 10% were under 30."
Chapter 12, pg. 96
MILLIONAIRES CREATE AND MANIPULATE ASSETS (ASSET VALUE)
"In a survey of 3,000 pentamillionaires ($5 million net worth) the Harrison Group
(HarrisonGroupInc.com) reported that almost all pentamillionaires made their fortunes in a
big lump sum after a period of years. Worth repeating: a big lump sum, not “by saving 10% of
his paycheck for 40 years.”
“A big lump sum” is just another phrase for *“asset value.”* Furthermore, 80% either started their
own business or worked for a small company that saw explosive growth. Explosive growth is
another phrase representing asset value."
Chapter 18, pg 136
And you can't sell/liquidate what you don't own (the affiliate marketing business model is based on selling OTHER
PEOPLE's products and building OTHER PEOPLE'S brand assets).
READ THAT PART OVER AND OVER AGAIN...
Think about it...
People in internet marketing/affiliate marketing talk about "passive income" while people in startup circles talk about "growth", i.e. asset appreciation.
Venture capital-backed firms are focused on generating a return for investors - that can only come from a liquidation
event (being bought out, going public, etc).
Even when they are profitable, they often reinvest the money into the company to enhance growth (as an analogy, think of real estate. Instead of spending the money from tenants each month on goodies, you reinvest the profits into
things that increase the value of your property. For instance, you might buy OTHER properties and increase the value of your real estate portfolio as a whole)
So, to sum it up, asset appreciation and liquidation is the key to massive, rapid wealth creation - not passive income.
Furthermore, think about it.
What's safer and more "passive" then cold, hard cash in the bank?
- Furthermore, with lump sum cash as an asset
(AFTER YOUR LIQUIDATION EVENT)you can save time BUYING
passive income online assets (websites, domains, products
other create). - Not only that you have the safety of DIVERSIFYING, your
passive income assets.
- Finally you can BUY SYSTEMS.
It virtually always takes more timeto BUILD vs. BUY.
This is the secret behind why large corporations buy pre-existing companies.....
So the next time you get an email or see an ad trying to pitch you some affiliate marketing opportunity - think of this short post.
I am not saying that strategic joint venture relationships cannot increase the asset value of your business.
But just building a website and selling other people's products and building other people's brands is not going to lead to the asset growth and liquidation event that is the hallmark of TMF Wealth perception -
TMF Wealth Perception:
Build business systems for cash flow *and* asset valuation. (pg. 122)
Want to make real money in Affiliate Marketing? Focus on building and growing an affiliate program to sell YOUR OWN PRODUCT - don't BE someone else' affiliate...
That's been my new focus going forward - by all means join me...
If anyone cares to chat about running their own affiliate programs, feel free to reach out
.
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