Multiple Streams of Income and An Online Sourcing Opportunity

I know you have heard the term “multiple streams of income”.

In the internet marketing world some possible streams are:

  • A physical product business such as selling on Amazon and eBay
  •  Helping offline businesses get their business online
  •  Coaching other online sellers
  •  Writing and selling an e-book on a subject you’re knowledgeable about
  •  Setting yourself up as a leader in your niche, building an audience, and offering quality products to that audience

There are many more possible streams and there are streams within those streams. For example, with an Amazon business you can sell products you find at a physical retail store or online. You can also have your own private label product with your own brand.

Sound overwhelming?  It can be.

My advice is to focus on one stream at a time. Get that stream going then branch out to other streams. If you’re like me your email inbox is exploding with information from every marketer out there. They might all have great information and wonderful courses, but if what they’re offering is not related to the stream you’re focusing on my advice is to put those emails in a separate folder. I have an email folder called “IM Later” which stands for “Internet Marketing Later.” Those are all the emails that I find interesting, but that don’t apply to what I’m working on at the time.

Which brings me to the 2nd part of my post….If you aren’t currently working on an Amazon product business or if this is not your focus you will want to pass on this offer.

As you may know I’m in a mastermind group with 7 other Amazon sellers. Just this last week we launched our very own deals site at www.mastermindsourcinggroup.com

I know…. Not another deals site. Right?

But here’s why ours is different:

  • No In-Store deals – We will only post finds that are available to purchase online and have delivered to your door.
  • 45% profit margin or more – We won’t post a deal unless it will earn at least 45% profit. So if you purchase $100 worth of items, we want you to get your $100 back and another $45 on top of that.

How much does it cost? The first level is completely free! Yep. That’s right. Free.

With the free level you will receive 6 deals per day posted randomly twice per day on our FB page. If you prefer having those deals emailed to you so that you don’t miss out on any of them we have the Silver Membership at $19.97 per month.

Want more than 6 deals per day? We have the Gold level membership at $49.97 per month in which you will receive 20 exclusive deals per day Monday – Friday (not posted on Facebook).

All paid memberships will be limited to 250 subscribers and you cancel anytime without penalty.

Before making this public we conducted a “30-day challenge” where we had 2 Amazon sellers purchase nothing but the deals we posted. How did it go? Well you can see their video testimonials at the bottom of this page – www.mastermindsourcinggroup.com

As a bonus everyone who signs up for any of the membership levels will receive a free copy of our brand new book called “Insider Secrets to Flipping Products on Amazon”. This book is geared to newer sellers, but does have some tips and info that anyone can glean.

So go to mastermindsourcinggroup.com right now if you’re interested in this or you just want more information.

Do you prefer the Stairs or the Elevator?

(For a replay of our 16 minute Spreecast from New York City announcing our exciting news please click here – http://www.spreecast.com/events/live-from-new-york-city)

I just returned late last night from New York City where I had the opportunity to attend the Coffee Fest Trade Show with 3 of my fellow mastermind members. I firmly believe that one should not try to build your business alone and that truth is even more apparent to me now after spending just two days with them.   The ideas that were generated and the deepening friendships will easily turn out to mean increased income for me and my family.
When you can leverage each others experiences you can all go to another level.
It’s the difference between taking the elevator vs. taking the stairs. Imagine being at the Empire State Building with me and I take the elevator to the top and you take the stairs. We’re both going to make it to the top. However, I’m going to get there much faster and be much more rested when I get there. That’s the power of a group of like-minded individuals working together.
Since joining this mastermind group last fall, my business has literally EXPLODED and it would not have grown at this rate had it not been for the relationships we’ve built and the ideas we’ve shared.

I so believe in the power of getting together with like minded individuals that I want you to experience that as well.

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There Is Gold in your backyard and CES Conference Videos – Half off until tomorrow 2/24

There Is Gold in your backyard  I had the tremendous opportunity to speak at a small internet marketing conference in Denver this past week. My wife was able to come with me and we took some time to sightsee. We were doing some shopping and walked into a small shop that specializes in antique maps [...]

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Finding a Mentor, CES Videos, Lifetime Access to MySilentTeam.com, and Offline Biz

Webster’s dictionary defines a mentor as a “wise and faithful counselor.” In my personal life I look to my father as the man I want to be. In my business my mentor is Jim Cockrum, recently named one of the most trusted internet marketers. I have been following Jim since about 2004, but I had [...]

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Thank you and Top Questions from Readers

I am truly humbled by the response I have received to my book. Thank you to everyone who purchased it and I sincerely hope it’s a blessing to you and your business. Below are the top questions I have received from my readers along with my answers.

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Real Wholesale Sources is now available!

Get it here – http://realwholesale.ryanreger.com

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Real Wholesale Sources Ebook…..Coming Soon!

ebook_REALwholesale_2

Do any of these sound familiar? – Driving around all day going from store to store to source products to come away with only a few items to sell – Finding a great item with amazing profit potential at a thrift store and selling it quickly at top dollar, but not being able to find [...]

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FBA: THE Reason Amazon is a good starting point

Earlier this year I wrote a post called “3 Reasons why eBay is a good starting point.” While I still believe eBay should be one of your income streams if I had the opportunity to do that post over again, I would change it to “eBay can be a good starting point, but why bother [...]

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What Business Should I Start?

Do you want to start a business, but don’t know what business to get into? Here are some tips to help you….  What is your passion? Are you a Star Wars junkie? Then how about a business buying selling Star Wars toys and memorabilia? Do you love gardening and know a lot about it? Then [...]

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Ask and You Shall Receive

Tips for Getting Discounts It’s amazing what you can get when you just ask. Even though I’m going to focus on applying this to your business, this can also be applicable to other areas. My wife and I have found favor and received upgrades at the airport and at hotels just by simply asking. In [...]

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