Quote:
Originally Posted by gideongallery
$150k/year residual income is worth $1.5 million active income (standard net present value using 10% interest)
it's why the rich try and build passive income streams (investments) rather then ones that are dependent on working like a dog
i accepted the offer because the deal i was agreeing to would be such a passive income stream. The only downside for me is releasing more than the 5 things i said need to be done(for free). Things that are upsells in the current sales cycle.
he wants the deal to be active income stream with me doing all the work.
for less money than a standard affiliate would make
and a hell of a lot less money than i can make just doing what i am doing now.
why the hell would you expect me to take that deal, when you won't take a deal that only cost you money if i am right (you must put your content in the public domain if you use anything i show everyone).
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Let's do some basic math.
We will use the numbers Doc gave that said you could easily make 300K per month with a paysite if you send 100 sales per day. But let's be conservative. Let's say it is 200K and let's say in the first 12 months you bring in 2 million dollars from that. The second 12 months you bring in 2.4 million. At the end of 24 months you will have 4.4 million in the bank. You invest that into safe investments that bring in 6% return each year and that is 264K per year. If you collect that money for 8 years that means 10 years from today you will have earned 2.1 million off the interest and still have the 4.4 in the bank so you have 6.5 million dollars.
You said yourself most of your "clients" will bring you in around 5K per year so in order to get 6.5 million in the next 10 years you will need to get 1,300 clients and those clients will have to produce you 5K per year as you have planned. They will have to produce that money every year without fail for the next 10 years. This is not to mention that 3-4 years from now the technology could change again and this system you are selling may no longer work. Or these people may decide to go in a different direction.
You said you can "train" about 30 clients per week. That means it is going to take you 43 weeks just to get the clients. I don't claim to be a genius, but finding 30 clients per week, showing them what to do, babysitting them as they try it and make mistakes and have you guide them through the process and get them to where they are earning you your 5K per year sounds like a lot of work. Not to mention that just because you teach 30 people per week doesn't mean all 30 of them will be successful or will earn what you would like. Many of them will fail.
You yourself said earlier in the thread IF you can get about 1500 people you could teach in front of classes of 100 or more. This is a lot of IF's. To me the offer Doc is providing would require you to work hard for 1-2 years then coast and live very comfortably for the rest of your life if you want. But you claim to want to pass it by because you have a better plan that all hinges on IF.
But in the end, let me ask you this. Why not bring someone else into the fold? Why not find someone and teach them what to do, work with Doc and you show them how things work and let them do the grunt work and you give them a percentage of what you earn. If you are earning 2 million a year from this offer them 400K. You will find a lot of people who will bust their ass for 400K per year. This frees you up to do your other stuff and it allows you to cash in on this deal and shut all of us up. So why not do this?