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Tuesday, October 2, 2007

Why I Started Exploring High-Ticket Direct Sales Internet Programs

This blog will be an honest Reverse Funnel System Review, but before I dissect Ty Coughlin's Reverse Funnel System...

Here's why I started looking into it in the first place.

...


Hi, I'm Richard Young, and I discovered the ultimate way to cash in from the Internet.


I've seen so many e-mails start that way... but none of them actually delivered on their promises, because they all required a lot of time and effort.

As a "reformed" attorney here in the capital of the world (New York, NY) I know all about hard work and long hours. Even with partners at white-shoe law firms billing just under a grand an hour, no attorney is ever going to be truly wealthy.

That's because, as a lawyer, you're paid for your time. Even if you work 24 hours a day... there's only 8,760 hours in a year. Let's assume that you work all of those eight thousand plus hours in any given year, and then let's further assume that you're paid $1k per hour (and there's a difference between your billable rate and what you're actually paid).

You'd make $8,760,000, and that would be a banner year - except you'd be dead from being overworked and underfed, and you wouldn't have had the opportunity to enjoy your money.

In other words, billing for your time doesn't give you any leverage.

Like Timothy Ferriss (The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich) and Michael Gerber (The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It), I'm a big believer in systems, processes, and automation.

That's because I'm all about living the good life and working as little as possible.

That's actually possible with the Internet... provided you create a system that's so automated anyone with the IQ of toaster can do it (I'm in Mensa, but as my wife would tell you without hesitation, I don't like to use my brain).

Creating a system takes time, energy, and money. I tried doing it before. It was too much work.

Don't get me wrong - you can make good money without an automated system in place. I've made a good amount of money with some high-ticket direct sales Internet programs, but I always had to be on the phone, chatting with prospects, branding myself, replying to e-mails, etc.

I felt like I owned another job... and it wasn't really a feeling that I liked.

I wanted the freedom of having enough time to spend my money.

And at this time, I'd like to segue into my next post of the Reverse Funnel System Review... but first, here's a photo of me enjoying myself at a bungalow in Tahiti.

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