What does Einstein have to do with list building?

The great Albert Einstein once said “Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.”

What does this have to do with building my list to grow my business you may ask.  Although building your list technically is not earning interest, the concept of growth can still be applied.

Over the last few years, it seems like one of my great sources of prospects for my list has started to lose its footing.  More and more of the people who would have been viewing my ads, are blasting through them simply for the opportunity to earn a few cents.  I’m not saying that a little reward here and there is bad, just that it has led to more people who are surfing for pennies instead of using the exchanges for their original purpose which was to share a business opportunity and see the offerings of others that may be of interest to you. When viewing 100’s or even 1000’s of sites a day, with shorter timers, in my opinion very little attention is actually being paid to what is being shown.

However, if only some of these aspiring business owners would see the real value in earning credits in a traffic exchange, they may start to change the way they surf and advertise.  What they need to realize is that each and every credit could turn into a prospect to build your list.  It has been widely accepted throughout the business community that each person on your list will be worth $1.00 per month over time.

For example, a couple of the products I recommend to use to build your list would be

I am using these as an example simply because they are something all business’s need.

Lets say you only get 1 new person on your list each day, that would be 30/month. Continue doing this and the next month your list has grown to 60.  Continue to advertise consistantly and before you know it you may have built a list of 100, 500, 1000 or more.  Based on industry averages, just think build your list to 100 and thats approximately $100 a month potential.  Now you have your own list to promote any of your products.

Now if you have just one person from your list purchase each of the products above, you would earn approximately $22.00.  Now think as your list grows, you have 1 person a week take advantage of joining these programs.  That would be $88 without even counting potential sales from your other main product. Add some great content to your emails and offer good products, and slowly your business will grow. People will get to know you and trust you, so when they see other products you recommend, they will want to get them from you. Win-Win

Can you see how taking the time to stand out from the crowd and build your list can pay off and help to make an income that could really start to make a difference in your life versus hours and hours of blindly surfing with only pennies or a few dollars to show for it?

I hope after seeing this, you will also want to build YOUR list and take advantage of the credits you earn.  I get excited at each new goal reached for my list building.  Let’s do this!

I look forward to hearing what you think!

Carla

 

This entry was posted in entrepreneurship, goals, Income Opportunity, list building and tagged , , . Bookmark the permalink.

10 Responses to What does Einstein have to do with list building?

  1. Jon Olson says:

    Brilliant on so many levels.

    The key what you highlighted is that this takes time but the rewards throughout are too numerous to mention.

    Love this example Carla. Great stuff!

  2. Carla says:

    Thanks Jon, I hope this post helps other surfers and/or marketers out there!

  3. Compounding, leveraging, ROI, exponential growth – call it what you will, it PAYS to take advantage of it.

    Using credits for more than pennies and prizes pay dividends. Use them for what can benefit you the most, your business. Last time I checked, nobody took surfing prizes to pay the bills.

    Good stuff Carla! 🙂

  4. Carla says:

    Thanks Richard, that was what I was trying to get across…

  5. Pingback: Stop Wasting Time, Build Your Email List Now! - Plus 1 Daily

  6. Aaron Green says:

    Hello Carla, This was one over my Favorite Blogs I have Read today.
    It makes since if you think about it to build your list rather then collect that Penny. Building your list you have the chance to make over $1.00 per lead on your list down the Road. Build that Relationship with your list and promote on the back end.

  7. Scott Rohn says:

    Like Jon said this is brilliant on so many levels. This is a blog post everyone needs to read

  8. Carla says:

    Thanks Scott, I appreciate the comment.

  9. Carla says:

    Thanks Aaron. I think this is an important topic for those in traffic exchanges to think about. I love an occasional surprise while surfing, but the credits and people viewing my sites are the reason I am here.. They are the real currency in traffic exchanges.

  10. Carla says:

    Thanks Richard. I agree the important part is to actually take action and take advantage of our work to obtain the best ROI for our time.

Leave a Reply

Your email address will not be published. Required fields are marked *