In this business he makes three thousand dollars a sale. What James DeLoach does with this business is he hires professional sales people to do all the cold calling to prospects. He does all his hiring of these professional sales people using free classified sites. He interviews them and if they pass the interview he hires them for his sales team.
With this concept he has more man hours per week calling prospects about his business. See by himself he couldn't reach as many prospects as his sales team can. He requires that each sales person make 200 calls a day minimum. At this moment he has eight sales people on his sales team.
So everyday he has 1600 calls going out to prospects about his businesses. That's 8000 calls a week to prospects. There is no way James DeLoach could do this many calls by his self. Doing his business this way he leverages his time. He is treating his business like a fortune 500 company CEO.
He delegates the sales to professional sales people. Just like a CEO of any fortune 500 company does. He pays his sales people $1000 for a platinum sale and he puts the rest in the bank. At $1000 a sale to the sales person that sales person is making a lot of money also. They get to work from home and make as much money as they want to. It is totally up to each sales person how much they make.
Just last week his sales team made 4 platinum sales. After paying his sales people he pocketed $8000. I don't care who you are that's a nice pay check for a week. If his sales team keeps this up by the end of May he will average around 24K for the month. If we take this as an average for the year that is $168,000 for the year in just this one business.
Here's another important advantage for having sales people. If a sales person can't close a prospect on his cash cow business they down sale to one of James DeLoach residual income businesses. This way James DeLoach not only makes a great weekly cash flow but he also is building up his residual income businesses. Now this is cool.
Let's take last week again. James DeLoach made $8000 in the bank and at the same time his sales team signed up 17 new people in the downlines of his other businesses. Let's think about that one. If that is an average by the end of this month there will be 51 new people in his residual income businesses. At the end of this year that will be around 350 new business partners in his residual income businesses.
Wonder what is going to happen when he has more sales people on his sales team. Remember this is only what eight sales people did. Can you imagine what 10, 20, 30 or 50 sales people can achieve on his sales team? That is just staggering numbers. This concept can be used by all home based business owners. You just have to have a cash cow business where you can pay professional sales people a good commission on a sale.
Something else that James DeLoach does is when a new sales person makes a sale and he knows they are going to be around. He puts that sales person in the downline of one of his residual income businesses that the sales person likes. This way when they can't close on the cash cow business and they sign a person up in that residual business the sale person is benefiting from this also. Plus this gives the sales person a reason to go on to the down sale.
So every sales person is not only making cash per platinum sale they are also building their own residual income business for their future. In the process James DeLoach is benefiting by having his downlines grow in his residual income businesses. This way if a sales person quits they are still in the downline of one of his residual income businesses. Because if that sales person is getting a check from that residual business he will keep building it.
If more home based business owners would learn how to treat their business like a CEO of a Fortune 500 company. Then the failure rate in the home business industry wouldn't be around 95%. Because when you learn the correct way to do business, like delegate not duplicate. Then you are on your way to financial freedom. All of this can be done in around thirty to 60 days.
Just one thought: Every Day Is a Gift, All You Have to Do Is Untie the Bow!!!!
The market of home business grows at a fast pace and stay at home husbands and wives are taking advantage of this growth. While it is not easy to locate a home business that is 100% reliable, there are an abundance of opportunities to choose from. Many companies have also begun getting in on the work at home interests. It is highly suggested that before you begin your own home based business that you ask other stay at home husbands and wives how they began and what steps you should take to create a successful home based business.
There are many reasons why stay at home husbands or wives should consider beginning their own home business. The work and the incentives to do so are everywhere. One of the best incentives is that it gives the husband or wife the opportunity to spend a good deal of time with their family, then they otherwise would have working outside of the home. All the while, they would be earning a full-time income. Another incentive may be the ability to save more money by not having to hire a babysitter, daycare, or nanny to care for the children. Many husbands and wives love this incentive because they have the ability to watch the growth of their own children, while they are working.
There is definitely no shortage of home businesses and many of which are catered directly to the stay at home husbands and wives. One of the opportunities of a home business is an affiliate business. There are so many different options available to stay at home husbands and wives it would be extremely hard to list them all. In this article, we will give you a few examples of different home business opportunities. However, it is important that you protect yourself from frauds before you choose to undertake any type of home based business. Research is of utmost importance and ensuring that the opportunity is the real choice for you.
For the stay at home husbands and wives, one home based business opportunity could be telecommunication, which seems to be a popular choice. However, there are not many positions available in this area because it is in high demand from many stay at home husbands and wives. Other home based business opportunity considerations include sales representative, web design, copywriting, and scheduling. If you cannot make a decision, it is suggested that you take full advantage of all the resources that the internet offers and use them in making your decision.
One thing for certain is that you need to be watchful for fraudulent home based business claims. Because of the high demand of some business opportunities, many dishonest people have begun offering Instant Profit, Instant Success, or Instant anything really. Beware of these claims, NOTHING is instant and you should avoid them.
Something every stay at home husband or wife should do is create and maintain good, solid relationship with other stay at home husbands and wives. Many successful home based business entrepreneurs will be glad to answer your questions and guide you, do not be afraid to send an email and ask your questions. This is great for link exchange, support, and advice.
This is extremely important, because these people have already been where you are right now and know exactly what it takes. They should be able to provide you with the pros and cons of their specific home based business. It is no secret that building a home business takes a great deal of time, effort, and commitment to become successful.
Each and every day, people start their own home business, in search of freedom from the drudgery of their full-time careers for good. The career world has become one of instability and lacks security, with the numerous lay-offs that occur regularly. This prompts a great deal of husbands and wives to begin their own home based business.
The internet provides you with a host of tools and features that allow you to successfully create and run a home based business with just little investments.
Both Jdeloach & Mabel Ang are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Jdeloach has sinced written about articles on various topics from Fishing, Home Based Business and Small Business. You can't succeed in home business without the right training and the right mind set.. Jdeloach's top article generates over 14800 views. to your Favourites.
Mabel Ang has sinced written about articles on various topics from Home Based Business, Affiliate Programs and Home Businesses. Mabel Ang is an Online Entrepreneur and she has created a full time income by just working from home. Check it out and discover it yourself how you can do it too