The 3 Month Rule is knowing the value of your lead generation. By combining knowledge and experience with your Home Business efforts it will be easier to understand the value of a lead. Many fail in their attempts at Home Business (an extremely high rate), but armed with The 3 Month Rule you can know exactly how close you’re getting to success!
Application of The 3 Month Rule requires you to have your business set up with a few things to build on your consistency. We like to call things that will make you money, “Revenue Generation Activities”. It’s not exclusive to what makes you money but knowing and performing what’s on this list will help you focus and get a better start.
The value of each targeted lead you gain is 1 to $1 per month, so with every lead that’s targeted the net worth is $1 for your business. So let’s say you have 500 leads, your Home Business profit is $500 for each month. Since the return of each Targeted Lead is $1 for each one every month it’s advisable to keep the cost of generating leads below $1 for each one (you can spend more but recommend not to spend more until you’re advanced with ads).
Now that you know the value of a lead, let’s say your monthly ad budget is $500(using Pay Per Click methods on Yahoo/Bing, Facebook and or Twitter).
What you’re looking at in this example shows that as you gain leads each month in the beginning you will be at a negative in profit (you might make sales too but this uses the lowest possible expectations). As you continue these efforts your total leads numbers grow each month. Go ahead and do the numbers for month number 4. Eventually with constant effort you will soon be at a profitable margin just by sticking with it, the third month is where you see profits! That’s The 3 Month Rule, can you imagine what a year of consistency would do for your Home Business? Awesome isn’t it?
Perhaps you’re not ready for this particular level of marketing your Home Business but you want to still get the results of The 3 Month Rule? Yes there is an easier way! Learn how to use paid methods with step by step training clicking the link below. It’s one of my affiliate offers called MITS that’s done by my mentor but it’s really value based training where you learn how to get “Targeted Leads” from multiple sources. There’s 7 (yes seven) free training videos to start you out right with your business. So click this link here to get started now: 7 Free Training Video’s
See you again real soon with more value,
Your Friend Glenn
Glenn lives in Colorado Springs, Colorado and has been marketing for 4 years. My biggest goal is to help other marketers end their struggles with my Coaching. Often new marketers don't get the clarity they need and that's what I provide.