Where paradigms shift and our heroine and her hero,
master the joy of passive income streams
Registration fee, two night stay at a Hobby Airport hotel, two days of “per diem road food”, two intense 10-hour days, seven hours drive time… around $500.
Internet Marketing Center’s “Internet Wealth-Building Bootcamp” — PRICELESS!!
I set my INTENTION before I signed up for the “Internet Wealth-Building Bootcamp”
It was my INTENTION to master the skills needed to be a successful Internet entrepreneur. I wanted the motivation of a dynamic training environment (Millionaire Mind Intensive spoils you for anything less than inspirational) and I intended to come away with a definite step-by-step action plan.
Lead trainer Jason Bax and my Internet Marketing Center’s on-site mentor, Donna meet and exceeded my expectations for this weekend.
I was given the toolset to correctly identify my niche market and specific skill sets to profitably exploit that market. Jason focused on what we needed to succeed…keyword identification, how to build a list; writing compelling copy; defining the “Free bonus” material and the actual product; how to develop the appropriate “price-point” for product and how to design the most effective order placement/delivery system. The training gave some great advice about how to get a website up quickly and how to simplify/ systematize the process.
Other Big–Big lessons — There is a difference between a developing website and developing an online business.
Nick has been designing websites for over 15-years. He and about a dozen other profession web developers had what has been called a ‘Profound Knowledge’ experience.
One of Deming’s(1) fundamental Quality Management dictums was, “Profound Knowledge always comes from the outside.” What he meant by profound knowledge was, information, once imparted, that would change the paradigm of an organization forever, or when new information comes hurtling in with such force, not to change becomes impossible.
When you are working within a business structure, you can’t quite see the opportunity for change. The prevailing management system cannot see beyond its existing structure, it knows only OUR way. Organizational transformation requires a view and new ideas from outside. Deming called this system of information transfer, Profound Knowledge saying, “The first step is transformation of the individual; who will then perceive new meaning to his life, to events, to numbers, to interactions between people.”
Very much like the Millionaire Mind Intensive precipitated a profound paradigm shift in our understanding of wealth creation, our “Internet Wealth-Building Bootcamp” provided that outside view—a lens— through which we looked at our web development skills differently.
This weekend gave us an appreciation of the internet marketing system: understanding the overall processes, involving suppliers, producers, and customers (or recipients) of goods and services; and a knowledge of psychology: concepts of human nature and how it all fits together to reach out to our niche market — that group of people who are all searching online for a solution to a specific problem, but not finding many useful results.
My original inspiration to pursue Internet marketing as a passive and residual income stream opportunity came from listening to “The Millionaire File Live” CDs. Several of the Millionaires T. Harv Interviewed had started highly profitable Internet-based business. Alex Mandossian’s story was inspiring —he lacked technical knowledge and still developed an innovated a new approach to web sales that has made himself and others millionaires. Another Millionaire Files Live contributor, multi-millionaire Greg Habstritt, started several very profitable Internet ventures.
I would less than candid, if I didn’t admit to being disheartened when I really thought about those Internet based business that generate passive income. I was an early adapter, who used the Internet as a research and communication medium for over 20-years — producing one-off information products. It honestly never occurred to me to look at the Internet as a way to generate a passive income stream by taking the hundreds of business training courses I’d produced over the years and sell them online.
Right about now we all could share a communal DUHHA!
The good news is that I’m sitting on a million dollar stash of training material.
The bad news is I’ve been sitting on some of it for over twenty years.
The better news, I have the tools to convert an under-utilized resource into massive passive income…
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