Money Making Secrets

More people than ever are looking for legitimate home based business solutions. With the ever rising cost of gas, the seemingly un-ending corporate layoffs and cut backs and just the desire to do more with less, there has never been a stronger desire for legitimate home based businesses.

The first rule when looking online for a legitimate home based business is this - if it seems to good to be true, it is! You should take this line, put it on a post it note and tape it to the top of your computer screen. Who in their right mind is really going to show you how to make a million dollars in 7 days for the low price of $29.95? No one. The only ones getting rich are the people selling the report for $29.95!

The next rule, which we will call Rule 1b, because it is as important as the first rule is - its takes money to make money. Had I learned this lesson 20 years ago I would be some much wealthier than I am today (and I am pretty wealthy). I remember a joke told by Steve Martin 25 years ago. The joke started like this: "do you want to make a million dollars? - Good, first get a million dollars!". There is more truth in that statement than humor.

Don't get me wrong, you will not need one million dollars to start your legitimate home based business. It will take you far less money than that but you need to be prepared to invest some money in creating your business.

We will next review we will look for what separates a legitimate home based business and from not so legitimate home based business.

Before we go into more detail on how to find the best legitimate home based business, here is the easiest ways to rule out 90% of the junk:

1. Do they have a phone number?
Most internet scammers like to stay in the shadows so they never give you a phone number to call. The last thing they want is for people to call them and ask them for assistance! So if you think you are interested in a particular home based business, just ask them for their phone #.

2. Do they take payment via a major credit card such as Mastercard / Visa / American Express? Most non-legit folks will ask you to pay them via PayPal. Why? PayPal was set up to be a payment vehicle for eBay purchases. It is true that PayPal has expanded their reach to other markets but I can show you 20 different ways to set up a PayPal account in less than 5 minutes, rip people off and be gone!! Mastercard / Visa and American Express do a much better job of protecting their customers. You first have to get approved to for a merchant account. You have to have some business background to get approved as these credit card companies only want to deal with legitimate home based business opportunities and weed out the bad apples in a very efficient manner!

Forget the excuses you might get, if some has a legitimate home based business opportunity they will have taken the time, effort and money to get an approved merchant account..

Global Resorts Network is a two-fold program. The first part of the program is actually a travel based offering. It is a "membership only" program that allows members to stay at various resorts around the world at a drastically reduced price. Members can experience discounts up to 80% on select hotels and villa's in several countries. Unlike other programs, the travel benefits are actually real. For people who travel and spend 7 days or more traveling can experience real savings. Global Resorts Network is a much better option than a typical time-share.

The biggest complaints with time-shares are the high cost of property for what you get in return, and then you have the issue of ongoing, never ending maintenance fees. Whether you use the property or not, you are responsible for the maintenance fees every year for the rest of your life. As many people have also found, if you ever want to sell your time share you will probably incur a substantial financial loss.

This is where GRN really shines. With Global Resorts Network you pay a one-time fee of $3000. You never pay any annual fees, dues, or any other type of reoccurring maintenance fees. If you want to stay at a Global Resorts Network property, you simply reserve your room(s) over the internet just like you would with any other hotel / condo / time-share stay.

The second part of Global Resorts Network is the income opportunity. There are no other fees or costs to pay in order to be able to earn money with GRN. With a full membership you have the opportunity to earn $1000 from everyone who joins the Global Resorts Network through you. Before we explain in more detail how this works, lets first examine why this is such a unique opportunity.

Many people refer to Global Resorts Network as a multi-level marketing (MLM) opportunity. This is not correct or fair to GRN. I prefer to look at the Global Resorts Network as a CPA opportunity. CPA is the marketing industries acronym for Cost / Commission Per Action. This means you get paid when someone purchases a product through you.

The CPA industry is a multi-billion dollar annual business. You see CPA offers everyday on the Internet. The best example of this would be Netflix. When you are surfing the web and you see a Netflix advertisement or pop-up - it was placed there by an affiliate of Netflix. If you are an affiliate of Netflix and you are promoting on behalf of Netflix and someone purchases a Netflix subscription through you, you will earn anywhere from $8 to $21.00.

This is where most affiliates are missing out on substantial revenue. There are countless (10's of thousands and more) affiliates placing ads and trying to get consumers to sign up for a free trial of these type of offers. The problem is these markets are very saturated and competition is fierce. This all means you will be spending significant amounts of money to promote this offer.

Which do you think is easier? Getting 100 people to sign up for a movie trial that pays $10 each or getting ONE person to enjoy the benefits of Global Resorts Network? Trust me, it is easier to get the one than it is the one hundred. In the affiliate marketing business this is referred to as "conversion rate". That is, out of X number of people who visit your site - how many purchase / convert into a customer. For example, if 100 people visited your site and just one person became a customer - your conversion rate would be 1%.

It is true that the lower the purchase price the higher the conversion rate is, but the numbers will amaze you. What follows is an industry-accepted table on cost for the item; the conversion rate and subsequent revenue achieved:

A) $27 product converts at 1% = 10 x $27 = $270
B) $50 product converts at 1% = 10 x $50 = $500
C) $100 product converts at 1% = 10 x $100 = $1000
D) $500 product converts at 0.5% = 10 x $500 = $2500
E) $5000 product converts at 0.5% = 10 x $5000 = $5000

Please note these figures are an industry average and the type of product can cause some minor variations. Item D and E are actually very pessimistic forecasts.

So for the same effort you can produce $300 per week or $5000. Since Global Resorts Network has such a substantial travel benefit with it and the investment is only $3000, the Global Resorts Network has actually exceeded the 1% conversion level.

Add to that the pay line feature that you do find in most multi-level marketing opportunities. When someone purchases their Global Resorts Network membership through you, you now earn $1000 for everyone who signs up through them. In theory you could sign up just one person and earn $1000. If you did nothing else and that person sold to just 10 other people you would be paid an additional $10,000 ($1000 per sign-up). This is how many members of the Global Resorts Network have earned in excess of $40,000 there first month and each month after.

The last question is how does one go about promoting the Global Resorts Network? Global Resorts Network has teamed up with MiracleCashPlan to provide a totally turn key solution. When you sign up you actually receive an identical copy of the site with all of the marketing tools available for use. What is even more impressive is unlike other opportunities - the people at MiracleCashPlan.com will actually help fund your marketing and promotional efforts.

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