Cash Gifting And The Lies People Deal In Home Based Business

There are a few people in this world who are looking for a way to have their own business. I believe that there are even more people who are trying to make more money then they do currently. Many have tried different home based businesses from sales to writing to MLM and everyone has fallen victim to at least one pyramid scam. That has made many a little gun shy when they hear about a phenomenal way to make more money then they could dream of through a cash gifting program.
I am pleased that you requested. Simply put, cash gifting is the conduct of a person being privately or formally leaving a declared sum of currency to individual for a present. Meaning there are no chains or no bonds joined, the individual getting the gift accomplishes not experience to pay the currency aid or obtain any item for consumption or services. This is ended bluntly additionally as without any coercion.
It is not a fraud, money gifting entails genuine people sending genuine cash to each and it never stops. In some cases, inside a period of time, you will commence obtaining cash in addition that will occur on a day to day basis.
Is it legal? Yes, it is legal. The idea of cash gifting is based on our Constitutional right to gift property, assets and cash to those we wish to as long as we follow the rules that the IRS has set forth. These rules can be found in the IRS Tax Code, Title 26, Sections 2501-2504 and 2511. What is states is that in order for the money to be tax exempt the amount you receive from a person must be no more then $12,000 per year. This protects both giver and receiver.
Everybody is entailed, no matter of their walk of life. This is an experience that there is no loosing in. These are everyday people that are on the verge of loosing all they undergo inside their lives This is genuinely structured because everybody is able to participate and there are no single exclusions you just have to be at least 18 years of age.
Cash gifting is a system. You do not have to sell anything EVER. You really don’t even have to give any information to the people that have questions. You mail out a post card, return a phone call to the interested person so that you can direct them to a website that explains everything. In some cases, you are able to direct them to a seminar so that they can talk to people and get all of their questions answered. If you can speak and have a phone you can follow this system. The key is that you HAVE to follow the system.

Reasons Not To Recruit Your Warm List For Your Home Based Business

Every home based business’s corporate office knows the value of a website. The crazy thing is, they all have a website but very few of them teach representatives to use the Internet to recruit new people. Unbelievably, some of them even discourage it even though just having a website is a form of marketing online.

Nearly every home based business’s company asks sponsors to teach “old school” business building techniques that were used before the Internet was invented. The first task of every new sign-up is to start building a “warm list” which is a personal contact list. They even give you a memory jogger to help you remember every possible contact you ever had.

There is a principle in marketing called attraction marketing that would instruct you to never use such a list as your prospect pool. Not only would it be a waste of time but it could be the beginning of the end of your career in this industry. Here are 9 reasons not to use this strategy and why attraction marketing would be used instead.

1. When you use that memory jogger you will be putting names on your list from years ago. Many of those people have probably moved away and many of the women will have married and changed their name making it impossible to find their phone numbers.

2. There will be people who are not in position to take advantage of your opportunity. There are a myriad of reasons for this including divorce, unemployment, disease, etc… Your time writing their names down and searching for them will be a complete waste. Time is one thing you cannot replace, you can lose money and replace it but wasted time is gone forever.

3. No experienced marketer would EVER try to sell anything to someone who has not expressed an interest in whatever the marketer has. Approaching a stranger about your offer is the same as selling watches on the street corner. It also suggests to your prospect they will have to use the same methods for their business.

4. The friends and relatives on that list who know you best will know that you are a beginner at this and it would be a huge risk to join you in a business and you are a beginner who may have never even owned your own business. When people join others in business they find leaders or experts and join them because they need someone who knows what they are doing.

5. Most new people don’t know how much work will be required to succeed and will have a false sense of what it tales. This could lead to desperation if things don’t go smoothly and that will cause you to chase people hard which will cause your friends to turn against you and family to avoid you.

6. The average numbers of those who will sign up in this industry is around 5% of all those you contact. That means your personal contact list is very limited considering the number of people you will need to approach to get enough signed up to earn a decent check.

7. Most of the time your sponsor will help you approach these people because he knows your chances of sticking with it are around 5% and he wants to work his way through YOUR list. To him it is a numbers game and his list has long been gone so he wants your list.

8. Some of the people on your list may not even be friends and could be neighbors whose kids have rolled or egged your home. Why would you want to present them with a potential gold mine?

9. 50% of everyone you know has either bought a network marketing product or been exposed to an opportunity and have already decided they are not open to the industry. In fact once you get good at your new job you still will only be able to sign up 5% of those you talk to.

Attraction marketing would teach you how to position yourself where those looking for what you have can find you. Your army of ads would be like your products on shelves. Your system would run 24 hours a day and it would potentially make hundreds of presentations each day for you.