Hey everyone. 

Welcome back to part 2 of David Wood’s training on constructing the income and financial independence that will allow you to live the life of your dreams. 

In the first part of the lesson, we learned that living your dream lifestyle probably costs a lot less than you think. 

Most people get started in an online business, or any other business, with a single intention; to live their dreams by making “more” money. 

When asked what they mean by more money, people throw out random numbers of $5000 …$10,000 …$20,000 per month. 

Do you know how much your actual lifestyle would cost?

Have you ever sat down and really thought about how much you need to live the life of your dreams …and how you are going to go about making it happen.

“Building An Online Income”

In today’s lesson, Dave shares a simple formula for earning the kind of money that will give you financial freedom.

Watch the video, learn the secrets of “income construction”, and discover the simple formula to living your dreams.

Using Empower Network as an example, Dave showed the exact sales numbers it really takes in an online business to get the results that you want.

From the very beginning of Empower Network  (over 2 years ago), the simple formula for success has always been “to just get 2 sales a day”. 

Because when you’re selling a low ticket product like a $25 blogging system, it’s extremely easy to make 2 sales a day.

And, with a system that has value-based upsells, making 6 figures isn’t all that hard to do from a base of two $25 customers per day. 

“Constructing Your Online Income”

Okay, now you are ready to construct your online income …

Start by asking yourself how much you think you need per month for your dream lifestyle.

Then, look online, search the Internet, and find out how much it really costs to live that kind of lifestyle.

Next, break down the monthly figure into daily earnings …to determine how much you need to make per day.

Finally, ask yourself what it takes in personal production (no team or downline) to create that daily income.

Here’s the “art of income construction” in 5 simple steps:

   1. How much do you really want to make per month?

   2. How much is that per day?

   3. How many sales do you need to make in your business per day to generate that amount?

   4. How many upgrades do you need to get from those sales?

   5. How many leads and visitors do you need to generate each day to create that many front-end sales and upgrades?

Keep in mind that it may be simple but it’s not easy  –  you are going to need to learn some marketing skills so make sure you check back for future lessons.

>>   to watch the video and learn how you can create financial independence with your affiliate marketing programs, click on the image above or go HERE.

Talk soon.

Doug