A Review of MyFliks.net

You might have not heard of MyFliks (myfliks. net) and being quite honest I never had until a little while ago. Back around the initially the month, I received an email from a friend of mine in regards to new business he had started as an additional income stream to his current business lineup. That link took me to the myfliks. net website and I quickly found that MyFliks is a video rental company that operates very similar to Netflix DVD rental service, but operates on a network marketing platform.

To be honest, I didn’t think a lot more about the company until Netflix announced that very same week their change in pricing structure. As I perused Facebook, I found many unimpressed Netflix subscribers complaining in regards to the changes, which as of a week ago had cost the company over 1 million members. Needless to say an opportunity light bulb went off inside my head and I knew that i would use the service and now I was finding many others who would to.

The MyFliks retail business operates in an exceedingly familiar manner. The monthly subscription is $9. 99 and this entitles an individual to receive an unlimited number of movies in quantities of 2 movies at any given time. The service currently features over 40, 000 title selections for rental from each of the major studios. Customers are invited to first have a one month free tryout to preview the service, which allows for a terrific introduction to any potential customers looking at the services. Once a customer enrolls these are asked to begin filling up their queue with videos, keeping at least one selection in queue constantly. Movies requests are typically fulfilled and shipped through the home office in State of Arizona within 72 hours. Movies are sent inside resealable envelopes with return postage already affixed. Once the user is done with the movie, they simply reseal it and install it in their outgoing postal mail.

As I mentioned before, MyFliks (myfliks. net) has built their business on a network marketing platform. The business was started by Russ Cannizzaro, who has been involved in the educational field for nearly all of his career, but saw the opportunity to develop a network marketing using a business model that huge numbers of people are already actively making use of. The MyFliks business is built on a unilevel compensation plan which allows the distributor to build to an unlimited width and 7 quantities deep. New distributors pay an one time enrollment fee of $20. 00, plus a $2. 75 monthly account fee for reporting plus a $9. 95 annual hosting payment. Each monthly subscriber in the distributor’s organization generates. 30 per month in commission returning to the distributor.

As you can readily see from the compensation plan, duplication will be critical within this business, as it is in any home business if it is to be lucrative in the long run. That being said, the importance of learning the way to use attraction marketing and the leverage of the internet is critical to the success of anyone commencing their MyFliks (myfliks. net) business as an income opportunity. Due to the simple nature of the business and the extremely good deal point, the opportunity to refer prospects to the business as distributors and preferred customers should be fairly simple.

The company has been very proactive in promoting themselves and sharing inside the bounty of those promotions. Recent promotions included Groupon offers within the Phoenix area with qualified prospects being distributed to participating distributors. Additionally, the company held a contest in the last week giving away an enchanting retreat for two to a resort in Sedona, AZ.

Over time, MyFliks (myfliks. net) could become lucrative to a distributor who actively promotes this company. This business also makes sense as an additional income stream using a great service. This is how I’ve chosen to promote the MyFliks opportunity inside the context of my individual overall business.

Upon reading this <a href=”http://carlwillis.com/mlm-companies/myfliks/myfliks-myfliks-net-review/”>myfliks.net review</a>, you may quickly see the potential for this business in light of the customer backlash towards Netflix.  For those who are not looking for another home business opportunity <a href=”http://www.mlmprofitexplosion.com/articles/a-review-of-myfliksnet-21000/”>myfliks.net</a> still makes good sense for those who enjoy watching a good movie at home.

Diversified Investments Passive Income Ideas That Suprisingly Work

amp;lt;pamp;gt;amp;lt;a href=amp;quot;../../../../amp;quot;amp;gt;Diversified Investmentsamp;lt;/aamp;gt; Passive Income Opportunities: You might find a variety of explanations online, but in the simplest terms, passive income is most correctly defined as: any sustained income that you receive without punching the time clock. amp;lt;br /amp;gt;amp;lt;br /amp;gt;Granted, it might require some work up front, but once the income stream has started, it does not require additional effort to continue earning money (additional effort might help to increase diversified investments passive income).amp;amp;nbsp; With this definition, something like having a rental property and being the landlord, or even writing a blog, would not be conducive to passive income, since both of these require continual work in order to maintain the income stream.amp;lt;br /amp;gt;amp;lt;br /amp;gt;How to Get amp;lt;a href=amp;quot;../../../../amp;quot;amp;gt;Diversified Investmentsamp;lt;/aamp;gt; Passive Incomeamp;lt;br /amp;gt;amp;lt;br /amp;gt;Making a diversified investments passive income is an investment of time and money now, in order to free-up time later. The end-goal has more to do with freeing up time than it has to do with becoming of high net worth.amp;amp;nbsp;amp;amp;nbsp; Itamp;amp;rsquo;s about putting assets to work now, so that in the future, you can be living off passive income and do not have to continually spend time working in order to maintain your desired standard of living.amp;amp;nbsp;amp;amp;nbsp; Creating a diversified investments passive income really is quite simple, once you know your preferred source of passive income.amp;lt;br /amp;gt;amp;lt;br /amp;gt;-Traditional Forms of Diversified Investments Passive Income-amp;lt;br /amp;gt;amp;lt;br /amp;gt;How To Generate amp;lt;a href=amp;quot;../../../../amp;quot;amp;gt;Diversified Investmentsamp;lt;/aamp;gt; Passive Income With Dividendsamp;lt;br /amp;gt;amp;lt;br /amp;gt;One of the most popular ways to get passive income is to buy stocks that pay dividends.amp;amp;nbsp; These are usually shares of very large, mature companies that are cash cows, but do not have many growth prospects, so they pay out a large percentage of their yearly earnings as dividends.amp;amp;nbsp; The more shares of stock you own, the more dividend income you receive.amp;amp;nbsp;amp;amp;nbsp; However, the percentage return (dividend yield) is usually very low, and the company is not contractually obligated to pay dividends.amp;amp;nbsp; As such, this is not necessarily one of the most predictable sources of diversified investments passive income.amp;lt;br /amp;gt;amp;lt;br /amp;gt;Low Tech Businessesamp;lt;br /amp;gt;amp;lt;br /amp;gt;Some people view a vending machine as a place to buy a snack or a drink.amp;amp;nbsp; Others view a vending machine as a passive income machine.amp;amp;nbsp; Most vending machines are owned by small business entrepreneurs, as one of their favorite ways to create diversified investments passive income.amp;amp;nbsp;amp;amp;nbsp; One managerial headache is the need to continually re-stock the machines.amp;amp;nbsp;amp;amp;nbsp; Another managerial issue is the lack of barriers to entry.amp;amp;nbsp; If someone else puts a competing vending machine nearby, you can expect your volume of sales to fall.amp;amp;nbsp; While you can create a passive income with vending machines, the annualized returns can be low, because of the commodity nature of the products and the vast amount of competition.amp;lt;br /amp;gt;amp;lt;br /amp;gt;Huge Passive Income Through Billboardsamp;lt;br /amp;gt;amp;lt;br /amp;gt;This one might have caught you by surprise, but billboards are one of the few forms of real estate that can generate passive income.amp;amp;nbsp; How are billboards different from rental properties and apartment complexes?amp;amp;nbsp; Simple, there are no residents.amp;amp;nbsp; Theamp;amp;nbsp; only trick is to continually have someone advertise on your billboards.amp;amp;nbsp; The nice part is though, all you have to do is put the words amp;quot;Advertise Hereamp;quot; on your billboard, and youamp;amp;rsquo;re good to go.amp;amp;nbsp;amp;amp;nbsp; However, in times of recession, many companies cut back on some of their less effective marketing strategies, resulting in an increase in the amp;quot;Advertise Hereamp;quot; signs you might see as you drive.amp;amp;nbsp;amp;amp;nbsp; Therefore, billboards do not provide recession proof diversified investments passive income.amp;lt;br /amp;gt;amp;lt;br /amp;gt;Mortgage Notesamp;lt;br /amp;gt;amp;lt;br /amp;gt;A less traditional way to create a passive income is through owning mortgage notes.amp;amp;nbsp; In this scenario, you basically replace the bank as financier of the purchase of a house.amp;amp;nbsp; People may know the term amp;quot;seller financingamp;quot;, but you can actually buy mortgage notes from other people, at a discount.amp;amp;nbsp; This is how you increase your percentage of return.amp;amp;nbsp; The only problem is that if the tenant does not pay, then you have to replace the bank as the amp;quot;bad guyamp;quot; and you have to initiate the foreclosure lawsuit yourself.amp;amp;nbsp; In addition, mortgage notes are not traded on the public markets, so if you want to sell your notes for any reason, you have to find the buyers yourself.amp;amp;nbsp; This would entail you selling your notes at a discount, too.amp;amp;nbsp; While it is possible to make returns in the low-teens with this strategy, it takes a lot of expertise to do so.amp;amp;nbsp; Creating a diversified investments passive income with this strategy is possible, but not without its hazards.amp;lt;br /amp;gt;amp;lt;br /amp;gt;Managed Accountsamp;lt;br /amp;gt;amp;lt;br /amp;gt;An even less-traditional strategy, but perhaps more powerful than all the above mentioned, when it comes to building excess passive income, is that of using managed investment accounts.amp;amp;nbsp; Simply put, a managed investment account is where you hire a professional trader to trade your money for you, but in your own brokerage account.amp;amp;nbsp; This is also sometimes referred to as amp;quot;professionally assisted trading.amp;quot;amp;amp;nbsp; The key is to look for trading professionals that have track records of generating the kind of returns that you want to get.amp;amp;nbsp; You do not personally have to get into trading.amp;amp;nbsp; You only need to find the really good traders to work for you.amp;amp;nbsp; Once you find them, it does not require any further personal involvement on your part, except to withdraw your trading profits.amp;amp;nbsp;amp;amp;nbsp; If you hire multiple professional traders, then youamp;amp;rsquo;ll have multiple passive income.amp;amp;nbsp;amp;amp;nbsp; Some of the key benefits of passive income from this source is that you do not have any tenants, not products to stock, no advertising services to advertise, and your investment is very liquid.amp;amp;nbsp; You can access your funds at any time.amp;amp;nbsp;amp;amp;nbsp; Through this method, you can realize the full power of diversified investments passive income.amp;lt;br /amp;gt;amp;lt;br /amp;gt;In summary, there are several ways to create passive income.amp;amp;nbsp; These include dividends, low-tech businesses, billboards, mortgage notes, and managed accounts.amp;amp;nbsp; Each has unique attributes that make it more or less attractive than the other methods.amp;amp;nbsp; If you want smart amp;lt;a href=amp;quot;../../../../amp;quot; target=amp;quot;_blankamp;quot;amp;gt;diversified investmentsamp;lt;/aamp;gt; passive income, then the preferred strategy would be that of managed investment accounts.amp;lt;/pamp;gt;