The Strategy to $10,000 a Month

The simplest strategy to reaching $10,000 a month in net income is to work to get just four sales a day of products which generate $100 profit each. If you can net $400 a day, you'll exceed $10,000 a month in profits.

That is the strategy we used successfully for years and continue to use (as our plan B, today).

In the past, we offered a number of products (most priced between $90 and $200), and we worked to get at least four sales a day. That guaranteed us a minimum of $10,000 a month income (and pretty much assures we could stay in this business forever).

But we didn't stop there. We fortified our formula for reaching $10,000 a month by continually developing new products. We knew that each new product that generated just one additional sale a day would increase our annual income by an average $30,000.

If over the course of the year we developed ten new products, each averaging just one sale a day, the net increase in our income would be in excess of $300,000 -- if we wanted to work that hard.

Making the Formula Work for You

One of the things I've discovered in this business is that it's much more difficult to get four sales a day if you have just one product than it is if you have multiple products. The reason is quite simple.

In most cases, a customer will only purchase one copy of any one product you offer (that's all they can use). Which means if you offer only one product each customer can only do business with you one time, and every new sale requires you find a new customer! And that's about the hardest way possible to run a business.

When you offer multiple products, each customer can account for multiple purchases. A customer could conceivably purchase one each of all your products. (And in fact, most customers do purchase more than one product when other products are offered.)

Having many different products can mean you don't need near as many customers to reach the four sales a day goal.


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