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The Freebie Equation

By Leslie Samuel

Would you like to make $1,000? Of course, that was a rhetorical question. What you are about to read will accomplish just that—if you do it correctly. Can I prove it? Sure I can! Just head on over to the proof page and see for yourself. I call it the Freebie Equation. Here's the equation:

10 x 5 x $20 = $1,000

Ok, let me explain. The freebie trading industry is based on a number of factors, but there are 2 elements that are of utmost importance: referrals and customer satisfaction. Obviously, the more referrals you get, the more money you make. However, if your referrals aren't happy with you, you can kiss their business goodbye. With the freebie equation, you need to learn how to train others. Here's how it works:

If you want to make $1,000, you need to have (on average) 50 people go green for you—based on an average cost of $20 per referral (50 x $20 = $1,000). Of course, on some sites, you will get more than that. However, training 50 people thoroughly and accurately really takes a lot of time—significantly more than it would take to work with 10 people.

The freebie equation allows you to better focus your efforts on fewer individuals and give them the tools they need to succeed. But before you're off to the races, there are a number of things we recommend to maximize your success. We believe that to be successful, not only do you need to work hard, but SMART!! By working with these 10 people, you guarantee yourself a minimum of $1,000 in pure profit because you have gotten at least 50 greens. Also, If you get 5 people to do 10 sites for you, you can accomplish the same thing (which is what some of the most successful people at do).

So how do you persuade people to do multiple sites? Simple: by providing your referrals with high-quality training in a step-by-step manner and letting them know upfront that you will be doing that. That is the key. This can be accomplished with or without a website. Before having a website, I had my training information in text files that I copied and pasted them to send to my referrals in a sequence.

When I saw that a referral was well on your way with the first site, I sent them a follow-up PM with additional info. It continued this way until they were green on 5 sites. At that point, they had all the tools necessary for success. Not only that, but they weren't overwhelmed by the wealth of information out there: all the information and tools you needed, we provided.

Let's look at how profitable this method can be. But let's be realistic in our analysis. Everyone that starts working with you won't finish. Unfortunately, we all don't have the necessary drive and determination to succeed. So let's be conservative and say each person completes an average of 3 sites and see what results we get:

# of Refs per Week 1 2 3 4 5 6 7 8 9 10
Monthly income $300 $600 $900 $1200 $1500 $1800 $2100 $2400 $2700 $3000

Pay close attention to the columns with 5 and 10 referrals per week. This means that if you can get 5 referrals per week—which translates to 1 referral per weekday—you are well on your way to earning $1,500 per month. Or if you can get 10 referrals per week—2 per business day—you are well on your way to $3,000 per month. Many people get disappointed because they don't get 5 or 10 referrals daily. The magic is not just in the numbers, but in the strategy. A goal of 1 or 2 referrals per day is very realistic, and you can do it. You'll have to put in work to get there, but using the skills and techniques that you learn here, YOU CAN DO IT!

  • […] Method 1 doesn’t last forever There is one thing that you should know about project payday. It is a little misleading in terms of how much you are able to make using method 1. What you will notice when you start going green on sites is that many of the sites have similar offers. However, you are ONLY allowed to complete an offer ONCE. Because of this, it is difficult to go green on more than 10 – 15 sites. By the time a person has done 4 to 6 sites, they start feeling that it is getting much harder to continue with method 1 fully. As a Freebie Trader, for long term success, you will need to move to method 2. Read more about this in my article “The Freebie Equation” […]

  • […] Repeat Business This is a very important factor. Not only do you get to know your referrals better, you also get more business. This is something that is overlooked by many individuals, and is a big part of being successful in this industry. Encourage people to work with you more. HOWEVER, do NOT force them to do so. You should never make a new trader believe that they HAVE to do multiple sites with you, but it’s good to have it as an option. Provide them step by step training, giving more info as they work more with you. Help them really be successful. For more info on this, read my article entitled The Freebie Equation. […]

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