Things to spend your money on and things to skip when building your business

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If you’re trying to build your home based business on a budget you’re probably wondering what you should spend your money on and where you should try to save. Here is a small list of things that are worth your money and things that you might want to forget about buying.

Things to spend on:

A good computer. You’re going to spend a ton of time on your computer so you want to make sure you have a good one. You don’t have to have the top of the line thing but having a good working computer is a strong investment.

Some good training. There are a ton of things to do online but unless you know what to do with them it doesn’t matter. If your upline isn’t providing you with some good training about how to marketing online. Investing in a training course could be a very wise choice.

A trip to your yearly convention. Many people don’t want to spend the money on going to their companies big meeting but anyone who has ever been to one will tell you it’s well worth the money!

Things to save on:

Leads. Buying big lists of leads can get really expensive and honestly you can contact just as many people online using free methods. For many people leads are a huge part of their budget. You take that out and you’ll have a whole lot more money to spend each month!

Expensive ads.

Don’t waste your money with magazine or newspaper ads. They’re way to expensive and you may not get a single sign up from them. Instead try free classifieds online. You may not get anything there either but they’re FREE!

Google adwords.

Some people swear by adwords but if you don’t know how to use them they can be a massive waste of time and money. Skip adwords at least until you have a bigger budget and you’ll save a ton of money each month.

Knowing when to spend and when to save can help you stick to your budget and build your business more effectively.

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Truth About Network Marketing Lead Generation

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What is the best way to get a network marketing lead? There are several ways. One way to get your network marketing lead generation is by placing an ad in a shoppers newsletter like Penny Saver.

It is better to generate a network marketing lead to recruit people to work under you than to use it to sell products because a new recruit from a network marketing lead can generate more income. Also considering that new recruits will refer other recruits to you, the potential return for advertising for a recruit will be even higher.

What other ways can you use to get a network marketing lead? There are several no cost approaches that work well. One way is to place a sign on bulletin boards, such as in the local supermarket, to get a network marketing lead. The sign should have tear off sheets with your phone number so people can contact you. Placing a promotional sign in any high traffic area like a grocery store is always effective.

Another no cost way to generate a network marketing lead is to place signs on corners where two highly busy roads meet. Make the sign big enough so drivers can see it and use some type of attention getting headline at the top of the sign. One possible headline might be "Out of work? Make money working from home!"

Of course, online advertising may be a good way to get an online marketing lead as well.. And online advertising does not necessarily have to cost you any money. For example, you could place an ad online at free classified ad sites. You could also write articles about what you sell, distribute them across the Internet, and then link back to a sales page within the resource boxes that are allowed for article submissions.

To figure out what a network marketing lead is worth, you need to keep tracking how many leads you get and how much business that generated. For more ideas on how to get a network marketing lead, you should seek the advice of other people who are successful doing that. Why reinvent the wheel? When it comes to getting a network marketing lead learn from others who are good at it.

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