Make a Million on Facebook, An illusion or a reality?
Posted by Catch Friday at Thu, 12 Jun 2008 04:40:00 GMT 
Categories: facebook, Internet Marketing, martin allsop
Categories: facebook, Internet Marketing, martin allsop
Continuing on from my recent blog about Martin Allsop, corporate millionaire in reality, who has decided to leverage friends in Facebook, to grow his company.
Martin Allsop has gained 5000 friends in two months on Facebook, but there's no wonder in that, anyone can, can't they?
How valuable are those friends when it comes to leverage?
Imagine you have made the same strategy, and now you want to tap them, what is your action plan to doing it?
A series of club messages boasting of success, coupled with savings that they can make, and gradual brand awareness of your product.
Is this realistic to the amount of sales drive and time that you have put into it? Or is it all humbug?
On a recent outing that I was able to make on Facebook, I bumped into Jan Cheung, just one of the many friends that Martin Allsop has, Jan comes from Toronto the Facebook Internet Marketing Capital of the Globe!
I say that, because it is surprising how many Internet Marketers come from that city. All under the illusion that they can make a million on Facebook, and good luck to them!
Jan asked me if I could promote his business for him by posting his blog, which is actually an advertisement, and then he lost his patience with me, when I asked him for some background to make a blog for him.
Now I wonder if Martin can get any further with this kind of lead?
There are all these people thinking to themselves that they can make a million on Facebook, but can they?
In my book due for release in the fall I address these matters, and I look at how to loose money, and how to make money virtually.
Let's look at an exert from the book:
Top Myths that You Have to Get Rid Of
1. Debt can help you increase your wealth. I don’t know why there are too many people who think that they can make use of their debt in order to prosper their business. No matter what you do, a debt will always remain a debt that you need to pay at a certain amount of time. If you go on default, it has the power to drain your bank account and whatever resources you have in your business. It doesn’t mean, however, that to obtain a debt is bad. Instead, use the debt to act as leverage to your equity. If you’re basically starting out, debt can be considered as investment, something that you can add to your meager capital, which may come from your savings and other income.
If you ever hear of someone who became a millionaire because of debt, you better tell me.
2. All angel investors are rich. It’s really true that there are angels around us, especially when you’re thinking of starting and running your own business. That’s why there are more business owners who are looking for their own angel investor in the hope that they can obtain the right funds to begin their operation. There’s only one thing you must avoid thinking, though. Not all business angels are born with silver spoon in their mouth or are sleeping in millions of dollars. Some of them are just earning a little more than a hundred thousand every year, which, in millionaire’s standards, hardly constitutes as richness. Others even have negative net worth attached to them. The only good thing about them is they are as bullish as you and are willing to do leaps and bounds just to finance your business and help you explore your potential.
3. It’s very easy to start a business. As for me, I’ve spent two years of my life running my own outsourcing business, and yet I am and will always be a work in progress. You may already have positive cash flow going into your business, and it can give you some sense of stability and security. However, you must also remember that when you’re in business, you have to actually learn how to face the different challenges that will come your way. Moreover, the U.S. Small Business Administration released in May 2005 a study about the performance of small businesses in the market. In their Survival and Longevity in the Business Employment Dynamics Database: Monthly Labor Review, there were around 671,800 businesses that opened but 544,800 were closed.[1] Only two–thirds were able to survive for the past two years, and around 44 percent reached their fourth year.
4. As long as you have the talent, you can already expect growth in your business. Talent is indispensable in a business. It guarantees continuous development and expansion. However, if you’re just starting up, it’s the industry that you pick that will matter more than your knowledge or your skills. For more than 20 years, there has been an increase of 4.2 percent of companies that are into office and computer equipment that made it to the list of Inc 500. This is significantly higher than those garnered by the hotel and food industry.
Meanwhile, according to Entrepreneur Magazine, in their article “Newest Trends and Hottest Markets,” the following are considered to be the top well-favored industries today:
So far, there’s no clear study that focuses on the real impact talent has on the growth of new businesses in any industry.
Stay tuned to hear more about the release date.
Well I will be interested to know how Martin Allsop, does in his club, with all his new cyber-friends won't you?
Is it worth every Managing Director / CEO taking time out from their busy routine, to make friends on Facebook, or does it need you to take a Virtual Personal Assistant from Catch Friday to do it for you?
Establishing a reputation in the market place is tough, why not use our copywriter? ...........................................................................
Is there a job that you need done, that does not require a physical presence in your office?
Maybe it's not in your mind now, but when your running out of the door, and your partner calls to tell you one of the children is not well, and you'll have to stay home.....your thinking oh what will happen to your work?.....Then you have that inkling of an idea.....call CatchFriday and get them to do the job for you! Catch Friday and get the weekend early - let Catch Friday do the job for you.
One thing that Catch Friday actually does is pay as you go tasks, and often new client's are ringing to get a job done that only may last a few hours...can anyone pick up the phone and ask? Yes CatchFriday.com listens.
Why not ask Catch Friday, a leading Filipino provider of Virtual Personal Assistants to do it for you?
Martin Allsop has gained 5000 friends in two months on Facebook, but there's no wonder in that, anyone can, can't they?
How valuable are those friends when it comes to leverage?
Imagine you have made the same strategy, and now you want to tap them, what is your action plan to doing it?
A series of club messages boasting of success, coupled with savings that they can make, and gradual brand awareness of your product.
Is this realistic to the amount of sales drive and time that you have put into it? Or is it all humbug?
On a recent outing that I was able to make on Facebook, I bumped into Jan Cheung, just one of the many friends that Martin Allsop has, Jan comes from Toronto the Facebook Internet Marketing Capital of the Globe!
I say that, because it is surprising how many Internet Marketers come from that city. All under the illusion that they can make a million on Facebook, and good luck to them!
Jan asked me if I could promote his business for him by posting his blog, which is actually an advertisement, and then he lost his patience with me, when I asked him for some background to make a blog for him.
Now I wonder if Martin can get any further with this kind of lead?
There are all these people thinking to themselves that they can make a million on Facebook, but can they?
In my book due for release in the fall I address these matters, and I look at how to loose money, and how to make money virtually.
Let's look at an exert from the book:
Top Myths that You Have to Get Rid Of
1. Debt can help you increase your wealth. I don’t know why there are too many people who think that they can make use of their debt in order to prosper their business. No matter what you do, a debt will always remain a debt that you need to pay at a certain amount of time. If you go on default, it has the power to drain your bank account and whatever resources you have in your business. It doesn’t mean, however, that to obtain a debt is bad. Instead, use the debt to act as leverage to your equity. If you’re basically starting out, debt can be considered as investment, something that you can add to your meager capital, which may come from your savings and other income.
If you ever hear of someone who became a millionaire because of debt, you better tell me.
2. All angel investors are rich. It’s really true that there are angels around us, especially when you’re thinking of starting and running your own business. That’s why there are more business owners who are looking for their own angel investor in the hope that they can obtain the right funds to begin their operation. There’s only one thing you must avoid thinking, though. Not all business angels are born with silver spoon in their mouth or are sleeping in millions of dollars. Some of them are just earning a little more than a hundred thousand every year, which, in millionaire’s standards, hardly constitutes as richness. Others even have negative net worth attached to them. The only good thing about them is they are as bullish as you and are willing to do leaps and bounds just to finance your business and help you explore your potential.
3. It’s very easy to start a business. As for me, I’ve spent two years of my life running my own outsourcing business, and yet I am and will always be a work in progress. You may already have positive cash flow going into your business, and it can give you some sense of stability and security. However, you must also remember that when you’re in business, you have to actually learn how to face the different challenges that will come your way. Moreover, the U.S. Small Business Administration released in May 2005 a study about the performance of small businesses in the market. In their Survival and Longevity in the Business Employment Dynamics Database: Monthly Labor Review, there were around 671,800 businesses that opened but 544,800 were closed.[1] Only two–thirds were able to survive for the past two years, and around 44 percent reached their fourth year.
4. As long as you have the talent, you can already expect growth in your business. Talent is indispensable in a business. It guarantees continuous development and expansion. However, if you’re just starting up, it’s the industry that you pick that will matter more than your knowledge or your skills. For more than 20 years, there has been an increase of 4.2 percent of companies that are into office and computer equipment that made it to the list of Inc 500. This is significantly higher than those garnered by the hotel and food industry.
Meanwhile, according to Entrepreneur Magazine, in their article “Newest Trends and Hottest Markets,” the following are considered to be the top well-favored industries today:
- Internet marketing and search engine optimization
- Health and fitness
- Technology security consulting
- E-bay
- Performance apparel
- Products and services geared towards the Hispanic market
So far, there’s no clear study that focuses on the real impact talent has on the growth of new businesses in any industry.
Stay tuned to hear more about the release date.
Well I will be interested to know how Martin Allsop, does in his club, with all his new cyber-friends won't you?
Is it worth every Managing Director / CEO taking time out from their busy routine, to make friends on Facebook, or does it need you to take a Virtual Personal Assistant from Catch Friday to do it for you?
Establishing a reputation in the market place is tough, why not use our copywriter? ...........................................................................
Is there a job that you need done, that does not require a physical presence in your office?
Maybe it's not in your mind now, but when your running out of the door, and your partner calls to tell you one of the children is not well, and you'll have to stay home.....your thinking oh what will happen to your work?.....Then you have that inkling of an idea.....call CatchFriday and get them to do the job for you! Catch Friday and get the weekend early - let Catch Friday do the job for you.
One thing that Catch Friday actually does is pay as you go tasks, and often new client's are ringing to get a job done that only may last a few hours...can anyone pick up the phone and ask? Yes CatchFriday.com listens.
Why not ask Catch Friday, a leading Filipino provider of Virtual Personal Assistants to do it for you?
Why not email them or fill in an Enquiry Form?
Or phone them UK Phone: +44 (0)20 8432 6450 US Phone: +1 315 753 0089 Australia +61 2 8003 4584, if the operators are busy on other client calls then you may get voice mail. Please leave your number or fill in the enquiry form - you will be phoned back, or emailed within 24 hours on a weekday, and if you phone during the weekend - you will be phoned back on Monday. .
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