Best Cash Gifting Programs Explained
Some opportunities state they are cash gifting programs in their advertising. Other opportunities don't mention the cash gifting aspects of their program. But, their commission structure is primarily that of a cash gifting opportunity. What is Cash GiftingCash gifting is the opportunity to receive cash from others. The cash gifting opportunity involves you giving cash to one person. This brings you into the opportunity. Then that person (or the organization you are now in) trains you to find others who will give cash to you. As you can imagine, most people are not interested in selling lotions, vitamins, software, or even ebooks. They just want money. Cash gifting eliminates all the products and simply involves cash. Cash Gifting OptionsAs you can imagine, there are a variety of cash gifting opportunities. Some opportunities involve small amounts of money while others involve large amounts of money (well over $10,000). Some opportunities have a training organization the helps you learn the cash gifting business. Other opportunities have you depend on your sponsor for training. Cash Gifting Pure and SimpleIf you receive email or surf the Internet, you've seen opportunities that show the UPS man coming to your door. You'll see videos of people opening the UPS envelop to remove a stack of $100 bills. They'll count the money, often a total of $3500 or even $5000 in a single envelop. This is pure cash gifting. Your cash is sent directly to the individual who sponsored you. Those who join the organization because of your efforts will send their money directly to you. Cash Gifting Plus Products
Some people view a business transaction as a trade where items of comparable value are exchanged. In pure cash gifting money is exchanged for merely an opportunity for training to get money from others. Therefore, some organizations like to appear to be more "legitimate" than pure cash gifting opportunities. So, they include a variety of digital products as part of their opportunity. These digital products come with resale rights that allow members to sell the products and keep 100% of the profit. This type of combined opportunity provides you with the opportunity to:
In this type of organization, you typically pay to join the opportunity through the organization. The organization may then take a percentage of your payment to add to the software supplied, provide training, and maintain the organization's websites and other infrastructure. Cash Gifting TrainingYou can imagine that for most people training is critical. Without the proper training, most people wouldn't have much success attracting others to the cash gifting opportunity. And, thus, they wouldn't make any money. The training helps you understand how to attract prospects to your opportunity. This may involve newspaper ads or tasks on the Internet. On the Internet you typically drive traffic to your lead capture page(s). A lead caputre page allows prospects to enter their name, email address and often phone number to a form on your page. This information is then added to an autoresponder that sends a series of emails to the prospect. Training is critical to your success. One on One Cash Gifting TrainingIn opportunities involving one-on-one coaching you are almost totally dependent on your sponsor to train you to be successful. This can be very good. Or, it can be a disaster. It all depends on your sponsor. Often the sponsor merely passes on a set of instructions that he or she got from their sponsor. And, the sponsor may be more interested in brining in more people than in training the people he or she brings in. Community Cash Gifting TrainingThis is were the organization you join provides training. Usually the owners and top earning leaders will provide a majority of the training. And, since they usually use different methods to attract prospects, you get a broad education marketing. Training by multiple people lets you choose the marketing techniques that best fit within your budget and time constraints. Who Get Into Cash Gifting?People who are interested in receiving money from others get into cash gifting. This includes young adults as well as retired people looking to keep active. Stay-at-home moms, workers who spend time working their business at home, as well as unemployed people. College students, high school drop outs, office workers, assembly line workers, professional people. corporate executives, and anyone else who wants to earn extra money. Some people have used the training to greatly enhance their income from their own businesses without even participating in the cash gifting business at all. If you are coachable, willing to follow simple instructions that have proven successful, are honest and ethical in your business dealings, you too can participate in a cash gifting opportunity. Freedom and AbundanceWhile many people are concerned about the tax consequences of tax gifting, giving money to others is a legal activity. It is regulated by the IRS Code, Title 26, Sections 2501-2505 and 2511. These sections basically say that a person can give up to $12,000 in 2007 without incuring any tax liability. You should also consult IRS Publication 950 Introduction to Estate and Gift Taxes. You should investigate all aspects of cash gifting before you become involved. Here is an example of a person who has done just that:
Best Cash Gifting Program RecommendationsI recommend two of the best cash gifting programs available. Choose the cash gifting program that appeals to you. Got an Extra $1000 or $2500?This program has three levels on entry: $397, $997, and $2497. You can move from a lower level to the higher level by selling the higher level opportunities. In addition there is a monthly fee, part of which provides a residual income to your sponsor. This is a combined opportunity with over 3,000 digital products. The products are both skill-set products (teaching you how to market) and mind-set products (helping you think and act like a business person). About 14 hours of live webinar training are provided each week. Trainers include top producers of the company. You can usually interact with the trainers via text messaging and sometimes audio. The live training is frequently described as worth more than the cost of the opportunity itself. This opportunity is for those who have money to invest in their business. The same training is provided at all levels so join at the highest level your budget will allow. The most money is made at the highest ($2497) level. For more information visit the site and sign up for a free account. You'll have access to fantastic live and recorded training. What to Start With No Out of Pocket Cost?This program is boot strapped by you doing a little work. Your startup money is funded by attracting people to participate in trial offers. They can cancel most trial offers before thier credit card is charged. The organization reimburses up to $50 for any costs incured from trial offers that are not free. The organization receives commissions from the offering organization and uses this money to pay members. You earn $150 for each person you bring into the program. You do this mainly through free advertising. This first step is your initial money maker. After you've made some initial money, you can fund a series of pure cash gifting opportunities starting at $150. After you see success at the $150 level you fund a $500 level from your earnings. And so on. Members you've brought in through the trial offers program follow you into the pure cash gifting programs and provide an unending stream of people giving you money. Therre are two live training calls a week with question and answer sessions. Plus you can listen to recordings of past training sessions. In addition there are pages of written training as well as videos. This is a excellent opportunity for those who have very tight budgets but time to learn and build their business from the ground up. For more information visit the site and sign up for more information. Copyright © 2008 Robert Sherman |