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AND Russ Houghton Present: Why Residual Income Is BEST with Bizoppers 1 (C) Copyright, Russ Houghton 2012

Why Residual Income is Best at Bizoppers!

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Coach Vonnegut welcomes you to learn more about the world of Residual Income. Learn how Bizoppers is a residual income model that shows you how residual income is best, but other methods are available. I am sure you will find it as valuable as I did. Thanks for reading, and Enjoy! -- Don't Forget, please let the author know you enjoyed the article!

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Page 2: Why Residual Income is Best at Bizoppers!

Making Money with Bizoppers, and What is a Workflow Worksheet?

Note: I offer a workflow worksheet on my blog that I refer to. You can access it here:

http://www.mybizoppers.com/doc-bww

A Workflow is a way of looking at a set of tasks, and then breaking them down into simpler routines. In BizOppers, there are 8 significant ways to generate income, and if we are not focussed we can spend many long hours and days not accomplishing anything except social interactions. Anything that can help us save time and in the long run, money, is a good thing. If your focus is generating income, you will be more successful.

I know that the core concept behind BizOppers is social interaction; sharing data, sharing links, sharing videos, and other social activities. However, those activities in and of themselves do not generate you significant income! Okay, before I get thrown out of the party, hear me out....

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There is a lot of potential with Referral Income!

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What Activities Make Me Money in BizOppers?We know that there are four sources of income from BizOppers that we can earn:Earned Income, Traffic Generated, Passive Income and Residual Income. Let’s look closer:

Earned Income - Payment we receive from direct community involvement in BizoppersPassive Income - Income that we receive when we have referrals join the group as a Gold

MemberResidual Income - Residual Income is generated as a result of referrals joining, staying

members, and referring others to the community. We don’t have direct control over this, and it will happen without us, but we have influenced it to a degree (this is a good income to have!)

Traffic Income - This is a harder income to measure, but the BizOppers system does count it as a way to earn income. It involves the income you earn as a result of posting your other outside businesses on the BizOppers community site. I am working on a project to see if we can accurately test this method. Refer to http://www.mybizoppers.com for more information.

Within Bizoppers, there are eight ways to earn these four sources of income, which makes the program a great source of income:

The $15 Fast Start Bonus – Immediate Bonus (Free and Gold)

The $2.50 Fast Start Bonus – Reoccurring (Free and Gold)

Social Multi-Level 3 × 10 Forced Matrix (Gold Only)

“Gold Evangelist” Bonus Pool (Gold Only)

Community Participation Bonuses (Gold Only)

PowerPlay Pacesetter Bonuses (Gold Only)

Matching Bonuses (Gold Only)

Gaining visibility for your own opportunities (Gold Only)

You can read more about these on the Bizoppers site, or in detail at my site: http://www.mybizoppers.com/8-ways

In my opinion, Bizoppers is more about the Compensation Plan than the work you put into the social community, but it is the community that keeps it vibrant. They work hand in hand.

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Sure, Referrals are the KING, but it’s not a SURE THING!As you can see by the chart above, Referrals are the most powerful income tool you have. However Referrals require traffic, and traffic is not the easiest thing to get. Most members do their best, but tend to focus their attention on generating EARNED income. And frankly, there is nothing wrong with that. I personally focus on both. I think that qualified traffic (people actually looking for your product/service) is something that should be pursued, and should be the 80% of your 80/20 efforts. With 20% of your time going to the sure-thing, risk free efforts in the Community.

And what is this “Sure-Thing”? Within the Community, you can participate in conversations, post videos, create and participate in groups, share ideas and your other businesses, and earn bonuses. These activities do not require REFERRALS into the program. They are all things you can do on a regular basis, all by yourself. Most actions that you do in the community earn you Community Participation Points. Points will determine your share of the community income each month. Every person that becomes a Full “Gold” Member of Bizoppers can share in this pool of money.

Every Member, Full and Free, can earn 200 Community Points each day. Community Participation points are added up at the end of each month, and you earn income based on those points. Points take time to add up, but consistent commitment pays off.

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As you can see from the “Rules” above, there are ways to make points; some add points some subtract! Many members take time every day to work toward making the 200 points. Those that make Bizoppers part of their business day are able to recoup their membership fees and more. Some make a great income every month, by logging in at the start of their day and “work” on Bizoppers, and then again later in the day to do follow ups.

There are many different views and opinions on how to deal with building points. As I have stated above, my approach is to not do much Social interaction and build the 200 points, but instead to build strong traffic and therefore build my network of referrals. However, I do have a system that I use to build the 200 points. My goal is always to approach tasks in the most direct and efficient way possible.

Three Key Aspects to BizoppersThere are three aspects to your “work” with Bizoppers. And I believe that if you understand them, and I mean, really understand them, you will be able to keep the Bizoppers experience in perspective. Why am I even saying this? Well, from experience, I know that Bizoppers can be addictive, and can sometimes waste your time. I know this is not a good position to take if I want you to become a Gold Member in my network, but I think it is important to set expectations accordingly. If you keep your perspective in Bizoppers, you can use it as a tool that both provides you with a source of residual income, as well as a source of business marketing and traffic.

Here are the Three Key Aspects:

BUILDING - We spend time building our Bizoppers business. This involves participation, linking our outside businesses, ideas and goals, and as I put it, taking time to “cross pollinate” Bizoppers with other programs, so that you have momentum because of many streams of income, not just one. I think that many people on Bizoppers understand this well, and that is why it works.

EARNING - This is what we do in the Social Community to earn bonuses and commissions. It can be a means to an end. I recommend most people work on developing a solid traffic and conversion system to build your referral network, but until that traffic starts to come in, you still have to pay your bills. Therefore, spending time building your income, “Earned Income” as I put

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it, will help you do that. Take the time you need to recuperate your monthly investment and more, until your traffic and conversion system begins to match or exceed your manual efforts, then switch it off. This document helps you with that ASPECT of Bizoppers, but do not allow yourself to get so immersed in the day to day activity that you neglect efforts to create a system to make it almost automatic.

GROWING - As I alluded to, your long term goal should be to establish a strong Matrix network to generate residual income. You should be working away at this on a regular basis, even if you spend your time sharing in the social community. It is a way to help keep your spirits high and give you a goal to work toward. Because as time goes on, your increased influence in the social community of Bizoppers, grows faster and more deeply then the money you get in return. So it is vital that you keep at the GROWING Aspect of Bizoppers, so that you can use your social time on Bizoppers to compliment your success!

One note of caution: If financially, you need to earn your monthly Gold Membership fees back, you will need to take the time to earn your 200 points every day. A casual effort will not help you recuperate your monthly membership. Therefore, it is important to create an efficient system to earn these 200 points quickly.

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This top section helps you see how much work you will have to do. There are negative (- minus) numbers listed, because I have used full URLs in my comments. I will comment on this later. If you have more than 200 negatives in a day, it will not matter what efforts you put in, your Community Points will not move.

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What Can I do on Bizoppers to Earn Income?Other than the REFERRALS that I speak so highly of, there are six TASKS that you can perform to earn your 200 points. These six tasks do not always need to be completed in full, because sometimes your efforts during the week, during the month will continue to generate points day after day. Refer to the “Community_points” section of your account:[refer to image above](example: http://www.bizoppers.com/users/160675-russ-houghton/community_points )

How can your efforts continue to earn points even days later? Sometimes if you post a very compelling video and take some time to thank people for viewing it, or something that becomes somewhat viral, it can cause people to grant you points continuously when its rediscovered, or continuously discussed.

The 6 Tasks you can do to Earn Income:The six tasks that I mentioned earlier can either earn you points which earn you money each month, or you can earn money from simple advertising, essentially earning you money on your other projects outside of Bizoppers. Let’s take a look at each one of these. Please refer to the Community Participation Bonus Rules (/faq#what_is_the_matrix)

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This post shows that 3 people have liked it. Each “answer” posted by other members also have “like” links shown at the end of their comments. A lively conversation will earn this person +10 points every time this is clicked. It is worth commenting!

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LIKES - Everyone has 50 “likes” that you can show your appreciation to a community member with. I will show a strategy later, but if you are careful in how you use them, these 50 likes will give your fellow members 100 (because it duplicates for them) and you 50. But more on that in a moment. This is one of the only tasks where you can control the points you get. Everything else is a result of other members granting them to you. So it pays to play nice!

VOTES - You can vote on someone’s video by clicking on the “thumbs up” icon. This is a social system, so you have to give a little to get something in return. By giving a vote to a video, it gives the person who posted the video +5 points. How does this help you? Well everyone has 20 Votes, and they are eager to use them, if you show good participation, others will be quick to return it to you.

POSTING - You can post videos, “Questions” (which are just comments that you initiate), and “Answers” (which are comments to other people’s Questions). Videos will generate a lot of points, because everyone that “votes” by clicking on the THUMBS UP, will grant you +10 points. A lively video during peak hours will generate a lot of activity and ideally one video can generate all your points in the matter of a few minutes. Not always, but it is possible!

Any questions you post can be voted up for +5 from your peers, and anytime you post a comment to answer another member’s question, and it gets voted up, you get +10 points. So it is vital that you comment on other people’s videos and posts, and do it in a positive way, because it will generate your points quickly.

TESTIMONIALS - From time to time members will submit a text or video testimonial and Bizoppers will post it to the general newsfeed. For a text testimonial, you can earn +50 points, and for a video testimonial you earn +100. These can go a long way in earning your 200 points.

You can find the link to the testimonials submission, by going to: /testimonials/new

GOLD EVANGELISM - This Task earns you income from the pool that Bizoppers puts aside for Community Sharing. If you engage FREE MEMBERS with encouragement to join the FULL MEMBERSHIP, and they join, you will get a share of the entire pool of money. Many members will open a new tab in their browser for each FREE member, and then paste a message to them with encouragement and the word “GOLD” in the text. Its simple and quick to do

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ADVERTISING - Because Bizoppers will penalize you for including a URL in your posts, they encourage you to use the My Biz Ops section (your profile) to do this sort of activity. That is why you are penalized a point for each one. You can advertise your other businesses by pointing people to your profile, where you have the link to your other business opportunities, or your bricks and mortar business, or you can have a “Call to Action” (essentially asking them to go to your location) and then including the URL but without the http:// in front of it. This will require your reader to copy and paste the link into their browser. This will lose your audience. In my opinion, its worth losing a point or two each day so that you make it easy for your reader to click on the link, and because of the milage it will get. Think of this, your posting with a URL will show up on the front page of everyone you are connected to in the system. That is a lot of eyeballs viewing what you are offering. So keep that in mind.

Key Things to Consider:Here are some key points that you should consider:

Maximize your points: You can maximize your POINTS earning if you pick the best time during the day. Based on your location, you will need to establish the time that works best for you. For me, I find that the most activity that generates momentum the best is between 8-11:00 a.m. US Eastern Time, and again between 9-10 p.m. US Eastern Time. These times allow you to capitalize on both Eastern and Western users as they trade off sleep hours for work hours! One group will be starting just as the other group is going to sleep. There will be overlap, and it can be lucrative. Believe me, it can make the difference between 45-50 minutes and hours.

Make posts meaningful. It helps to have an overall theme to what you are doing there. Some people will always just say hello, or post their favorite quotes, videos and other items that are often completely random. If you post a nice greeting, then follow it up with a message that reiterates your theme.

For me, its “RESIDUAL INCOME”. My offerings, my businesses and my work is dedicated to it. So I try to bring it back to that when its appropriate. Reinforcing your concept will help you gain market authority. Going Pro, essentially. Therefore, when you answer someone’s post, try to tie it back to your offer, or even your profile.

Set goals each week. For example, if you are at 2000 Community Points, and want to get as close to your 200 Day maximum, you may want to set a goal of 3100. Let people know when you are reaching major milestones.

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Don’t Be Crazy: Don’t post outrageous material, because someone will vote it down, and you will lose points that you can not get back. In addition, people may not want to grant you points down the line because you have lost your credibility.

Be Creative: When posting a URL, use the whole URL without the “http://” in front of it. That way you are not penalized one point for each URL used. The administration calmly requests that all URLs are used only on the “Business Opportunities” portion of your profile, but the 250,000 users have found a way to include it without “rocking the boat”. Also, Do not include URLs in your Gold Evangelism (GE) posts. This means when you use the word GOLD in the comments to a Free Member, so that they will convert and you earn GE points, you should not also include a full URL. Your efforts will not be counted.

Don’t be Negative, unless its appropriate: Even though you can, DON’T vote someone down. If someone is really abusive, then report them to the administration. Don’t waste your points on them.

Don’t waste comments, LIKES, or VOTES, on Blue “Free” Members, or members that you are not directly connected to. They don’t give them points and just subscract them from your total.

Effective Postings: When posting comments in order to meet your 200 points per day, use your own scripts. Use scripts when you first connect with a Free Member, and when you want to get the message out about your product or posted video. More on this to come.

Don’t Sweat It:Follow a system, and then leave it. Don’t FRET over it. Why do I say this? You only have direct control over +50 of your points per day. The other +150 are in the hands of others. You could literally spend hours waiting around for every little point to be accounted for. This is too much wasted time. Just follow my system here, see if it getting the results you want, and if not then modify it to fit your needs.

I will often start in the morning, and do approximately 30-50 minutes, then come back to it later in the day and if it is just shy of 200, I will post something funny, or even ask people to help me out. Don’t make it your life’s mission to get those 200 points a day. You will come close everyday, and it is just not worth the wasted time, nor stress, to worry about those extra few points. It will only earn you a few US pennies more. Just remember, this is a temporary thing until you have your referrals in place.

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What is a good schedule to follow:Please understand this is how I approach it when I need points. Most of my time is dedicated to traffic and building referrals, but this has worked for me. If you would like to see my Example Schedule and the Worksheet, you can access it on my website: http://www.mybizoppers.com/doc-bww

I hope you found this helpful. I am now including a Checklist to assist you in your day to day efforts. Check my website for a traffic generation document as well.

Use of this Document:You may reuse this document, just please follow these simple rules:

- Do not change the content- Do not sell it- Make sure the attribution goes to me, not to someone who did not write it- I encourage you to share this with others

Find me on the WEB:I encourage you to find out more, and share your successes and failures with me and others.

My dedicated Bizoppers site:

Check out Bizoppers directly:

My Bizoppers Facebook Page:

Check out my Google+ Site:

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