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Gosh Aren’t I Lucky? (A Non-Lifeline Service)

It seems I’ve been picked out of lots of other entrepreneurs for an opportunity to contribute to a book about earning my first $100 online.

I can see the benefits to both sides, 100 entrepreneurs contribute 2-4 pages which then fills an ebook. The 100 entrepreneurs then promote the ebook, and make the full $27 in commission earnings (100%) in typical 7 Dollar Script style. The organiser gets buyers signed up to their list. Buyers get to see how a wide range of other entrepreneurs made their first slug of money, which may give them ideas to do the same.

Everybody wins. There’s even a slim chance that someone might spot my story amongst the 99 others and I might get one or two click-throughs.

Yeah, okay I’m up for that.  Especially as I’ve already written it up here on my blog.

Hang on… There’s a catch… I have to sign up to a $37 / month membership site.

Oh dear.

Oh dear, oh dear, oh dear…

I need to sign up to a membership site like I need a hole in my head. So I think I’ll pass on this one. It’s not the money, it’s my time is too valuable to waste on a non-essential membership site.

My suggestion to you if offered the “opportunity” to sign up to a membership site with a regular monthly subscription is to ask yourself very carefully…

  1. Do I really, REALLY need this subscription?
  2. Does it add to my bottom line?
  3. Is it a lifeline service (e.g. autoresponder, web hosting) I can’t do without?
  4. Or will I just look at it once and never use it again, but be too scared to unsubscribe in case I miss some “special secret”?

If the answer to the first three is no, then don’t sign up.

Take my advice and save yourself some money.

If you have any non-lifeline memberships, unsubscribe now, stop pouring money away, and likely get some time back in the process.

(Incidentally, now I stop to think about it, I wouldn’t recommend how I made my first money online. I guess lots of other entrepreneurs made their first money by doing things they’d no longer give the time of day to, so maybe this isn’t such a good idea after all.)

-Frank Haywood

This was written by Frank Haywood. Posted on Tuesday, January 29, 2008, at 9:25 am. Filed under internet business. Tagged , , , . Bookmark the permalink. Follow comments here with the RSS feed. Post a comment or leave a trackback.

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