Daily Meeting - Personal Finance 32: Creating Small Streams of Income

$50/month 

• Affiliate marketing of something that works
• Need someone else’s product

1. Leverage your friendships 

• Distribution — you need their stuff
• Anyone who is selling something, let them know you want to sell their products, and you need these things:
• A. Your sales copy
• B. Any promotional collateral
• C. 50% commission or higher
• D. 100% commission

1. Qualify this agency

• Attributes you need
• A. Is this product already selling well?
• If yes, strongly consider (need 10,000% more and show last month’s sales of the product)
• If no, ask this follow-up question
• B. Do you already have a large audience that buys with you?
• If yes, strongly consider
• If no, find someone else
• Check the compensation plan
• Check the head of the company and ask if that person is going to make sure you’re going to get your $50/month
• If both of these are good, then you can look at the product

Positioning

• It’s so important
• It’s about making someone else look larger than what they are
• You need to do positioning with someone else’s product 
• Post 3 times/day about that person and their product
• Post inspirational posts 3 times/day as well

Closing Thoughts

• The pursuit of your purpose is your moral obligation
• Stop being so good that you’re in someone else’s dream and don’t have your own purpose

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