Loomio
Sat 26 Nov 2016 6:29PM

The Need for Residual Income

MS Matthew Stonewell Public Seen by 238

There's no doubt the need for a constant stream of funds is required to lift these goals to the point where we can "wean" from the current monetary system.

As we know, $3000.00 will go very quickly! The need for residual income is vital. I propose the consideration of investing in a marketing campaign utilizing the marketing tools we currently have, and/or use something like, http://clickfunnels.com .

The reason I suggest clickfunnels is because their training and tools are phenomenal. Their affiliate program alone stands to offer thousands of dollars per week..

With so many amazing people in this group, we could monetize pre-existing digital projects and services, and look into new concepts such as writing books to sell, as one idea. Another idea would be finding hot selling Christmas products? Let's diversify and work with the system to get out of it!

The ultimate goal is to be able to "leverage" the revenue generated back in to the projects, re-payment of loans and associated fixed costs. While, also re-investing in to future marketing campaigns.

An Hypothetical Example:

Start with a two week trial of clickfunnels and dedicate say, $200.00 for facebook ads. We market the clickfunnels affiliate campaign (I have all the scripts and autoresponder emails). Average payout on clickfunnels affiliate program is somewhere around $143.00 per sale. Just two sales puts in the green already.

At $143.00 per sale, I believe it's safe to say we could stand to bring in at least $700.00 on a $200.00 marketing campaign. We then re-invest $300.00 for one month of clickfunnels, full suite of tools, and allocate $400.00 for the next campaign(s). With the goal of generating a few thousand in the month.

Clickfunnels has an offer of 12mos for $997 with turnkey affiliate marketing scripts layouts and detailed training to establish an amazing amount of residual income developing our own products and services.

The ultimate goal, in a perfect world, is to set up a weekly marketing budget of, $1k per day, per account with a team of six or seven, savvy, enthusiastic members to run Facebook ads. There is potential to generate upwards of $10k plus daily - PER user account!! This marketing model could fund small towns if implemented properly.

Again, this is hypothetical yet, what I believe to be realistic. I'm very open to hear anyone's experience or ideas. If we already have the tools then, let's discuss implementing the concept.

Thank you for your time and potential consideration.

RP

Raymond Powell Sat 26 Nov 2016 9:54PM

I would vote YES to investing $200 for a potential quick return. I don't see how to vote on this. :/

DK

Dakota Kaiser Sat 26 Nov 2016 11:04PM

I say yes to building as many residual income streams as possible.

Already there are more requests for funding then funding in this voting period. I am unwilling to deny previous requests to fund something that is a risk-based investment.

MS

Matthew Stonewell Sat 26 Nov 2016 11:07PM

I understand. I'm open to however we can perpetuate an ongoing stream of income. I welcome input now or in the future.