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Multilevel marketing companies (MLMs): If you haven’t been invited to a Facebook “party” by one of your friends selling yoga pants, children’s books, or essential oils, just wait. Many MLMs require that members pay for products upfront in hopes of reselling them at a markup. The problem? More than 99% of people who participate in MLMs lose money, according to a report by the Federal Trade Commission.
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It takes time and effort, but website owners like myself and Pat Flynn of Smart Passive Income, have built life-changing careers through affiliate marketing. In fact, Pat even publishes his income reports online, showing how he made over $2 million in the past 12 months alone.
Movies, TV You will also be able to start a new website project and will be presented with several website templates broken down by industry or niche.
It’s important to consider all of this before starting. In a way, you’d be working backwards from your end goal (to create a successful business) to before you even start. By doing so, you’re making sure all your bases are covered so you don’t have a surprise like I did with my WordPress plugins. And, perhaps most importantly, by doing this, you’ll soon realize if your business idea is something that truly aligns with what you’re actually trying to do in your life. If it’s not, you at least have the knowledge to make adjustments or try something else.
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