6 POINT Fastlane “Business Opportunity†Litmus Test (Warning....)

[gogiver8figs]

Want to learn from my mistakes? I may be new here, but I mastermind with some of the most respected members on this forum.
They finally convinced me to join up and I wanted to share something....


If you've spent any time in online marketing or affiliate marketing circles, know this: everyday you will be assaulted (literally with ad retargeting) by "business opportunities" offers. How do you evaluate them?

One of the biggest 'aha' moments from reading this book is this. While I had done quite well in affiliate marketing with the first part of the wealth equation "Net" income - the other half "Asset Value" alluded me.

And it will allude you too if you pursue traditional affiliate marketing (selling a product you don't CONTROL+OWN).

One of the best lines of the book - themes rather - aside from chasing needs vs. value is this line:

"The primary wealth accelerant for the rich is asset value, defined as appreciable (and controllable) assets
created, founded, or bought."
​

I know affiliates that make $1,000,000 a year. But guess what? Will their "affiliate businesses" ever lead to a liquidation event (see list below). The answer is no. Big mistake I made. And the biggest paradigm shift ever.

The other one is that most of us top affiliates chased 'fads' and what offers were 'hot' vs. evergreen vs what I call "P.N.P.s" - Pains, Needs, Problems.

In the book the study of pentamillionaires is very telling (most people at that wealth level got their through a liquidation event not salaries earned).

So with that said, avoid all the rubbish thrown your way about "building passive income streams" - mini-sites, autoblogs, 4 or 5 winning campaigns, the list goes on.

Passive income streams come in bulk AFTER asset value creation + liquidation not BEFORE.

I have looked at ^^ from so many different angles I could prolly write a book myself! However, I was just preparing to mindmap some stuff from the book (eventually) and thought "why not share".

Below comes form Chapter 29 (pg. 222 if you have pdf)

"CENTS is a Fastlane litmus test and validates your road…"

1. Does it lead to wealth (Net Income + Asset Value)?
   
2. Can it be made Fastlane?
   
3. Can it hit Effection?
   
4. Can your road route to a multimillion-dollar enterprise?
5. Can it generate passive income
6. Can it end at a final liquidation event?

Anyways had a similar shift in thinking?

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[moonjun]

Vsai vu vji timmoph ugg vji catopitt qesv.

Nepz ug vji pix hipisevoup pix sodjit ciduni sodj "uwispohjv"
cideati vjiz tumf vjios catopittit ih Gedicuul ivd

Pu quopv fuoph ov gus tunivjoph imti epf caomf up uvjist' ettivt
xjip zua dep caomf gus zuas uxp.

 

[vladsoriano]

Ep ettiv ot ep opduni qsufadoph wijodmi vjev zua dupvsum. Vjev ot vji tvepfesf edduapvoph gopepdoem figopovoup.
Zua esi tu wisz sohjv...epf ucwouatmz tu ot NK, vjot jet imafif nepz zuaph ipvsiqsipiast.

Iespoph qettowi opduni gsun ep ettiv zua fup'v uxp ot cetodemmz katv e dunnottoup. Vji upmz vjoph ug wemai ot vji upi ettiv vjev siveopt vji qsuditt us lpuxmifhi ug vji qsuditt - oi. zuastimg. Tu zua esi wisz sohjv vjev e catopitt cetif up vjot guapfevoup duamf upmz iwis ci wemaif up e qsukidvoup ug ovt gavasi opduni, xovj e johj sotl vjev og vji apfismzoph qsufadv dietit vu timm vji catopitt cidunit xusvjmitt. Iwip nusi tu, zua et vji upmz jumfis ug wemai, jewi vsefif zuas nutv wemaecmi situasdi... Voni, gus e dunnottoup, xjip zua duamf jewi caomv zuas uxp qsufadv/ettiv