Matt Bacak: The Key to Making A Lot of Money Online

There are a couple of ways you can build your business and if you think about it, the most successful models out there can pretty much can be narrowed down to two types…

1.) Have a big-ticket item.

Selling big-ticket items is probably one of the biggest and easiest ways to making a lot of money, and we are not just talking about hundred thousand dollrs. We are talking about making a million dollars this way. This is the first model.

2.) Have continuity streams.

Another model is selling low-ticket items and having continuity, or continuity streams.

Now, the people that are making the most are combining both of them together, so think about that.

What can you sell for a high ticket or what can you have as a continuity or membership program?

With continuity or memberships, you are getting money coming in every single month, but from big-ticket items, you are getting the big pots of money all at once.

Now, if you are just starting out, your goal is to cover your personal expenses and stuff like that. And then the next thing after you get there is covering your business expenses.

Focus on one form of income. Get one system going, and then after you get that first system going, then move over to the next one.

So let us say, you decide you want to start the continuity or residual income first, just focus on that income source. After you have that mastered, then you move add the other income source.

That way you’ve got your expense covered instead of letting your current business decline while starting up a new venture of selling high-ticket items or vice versa.

I think out of all the models I have ever seen, when someone really singly focuses on one income source, then moves into the other source, successfully having both was the key to making a lot of money online.