Appics Miniseries #6 - Build Leverage By Reinvesting Your Profits
In this video I am talking about building leverage by reinvesting your profits to expand and grow your business, and thereby increase your cashflow.
Your profits is your total revenue minus your costs, and in this case the costs means the most basic essential costs you have as an affiliate marketer, namely the tools for building your list.
- Autoresponder - TrafficWave
- LCP + Training - ClickTrackProfit
- Tracking - Hitsconnect
And the way that I suggest you do this is by following the 50/50 formula, reinvest 50% of your profits to grow and expand, and take out the other 50% for yourself, after all you do this to earn money.
This way you are constantly growing your business, and you get a growing income for yourself, this is leverage.
Enjoy waching the video, and stay awesome!
Sincerely,
Erik Gustafsson
This is all my own personal opinion, do your own research before investing, and seek legal counsel if uncertain.
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