Whenever I reflect on the money I have lost in online business ventures, I say to myself, damn this can buy a nice car or build a house.
But these are the failures that groomed me into becoming a more matured and experienced online marketer and leader.
Isn’t it therefore fair to agree to the axiom that failure is a necessity for success?
Anyway, sometime back in 2013, whiles researching online like I usually do, I came across this huge online franchise that pays huge commissions and I immediately got attracted to it.
I did my due diligence by reading more about it and also viewed videos relating to this huge franchise that had and still has the potential of making you huge commissions online.
Just one sale in this franchise could make you over $1,000!
The only problem was the sign up fee which was incredibly huge!
It is not a business module for the broke man or fainthearted.
I contacted one of my online marketing mentors in Canada who I found out was a member of this franchise and was making some huge sums weekly, and he gave me some coaching on how to succeed.
Huge Registration Fee
The sign up fee was/is $2,000, yes $2,000!
After thinking over it again and again, I decided to pay for it eventually.
So I became a member and went through all the numerous training and online interviews, this program is not child’s play trust me.
It wasn’t just a sign up fee though, that amount gave the member access to a host of online marketing tools to help the online marketer succeed.
In addition to that, a personal coach is assigned to you, and his job is to train you to succeed.
These coaches normally called via skype to check up on your progress and also host live webinars.
It was sometimes annoying as the skype training would always clash with my working hours.
I was working 14 hours a day in the busy and very demanding shipping industry then, so I really found it difficult to combine ‘job’ and ‘business’.
After all the training, skype calls, webinars, excitement, opportunities to interact with top, top internet marketers across the globe who earn 7 figures, the time came for me to make sales and this was the period I realized that I had made a huge mistake!
You see, I found out that to make sales in this program, you have to pay for a recurring source of traffic which was also expensive.
I thought the $2,000 was all expenses included.
The thought of spending more money after spending $2,000 drove me crazy and it eventually led to me abandoning the program.
I started detaching myself gradually from the training till I deleted my personal coach’s skype id from my skype.
I began to purposely miss his calls till he stopped calling;
I was very angry and disappointed.
I didn’t really like my permanent coach who was from the USA anyway; he sounded very busy and somewhat arrogant. He was always busy traveling; in one Island today and in another Island tomorrow chilling at the beach. That connection or chemistry wasn’t really there also.
He was living my dream life though, hehe.
I liked my very first coach more, he was an Indian residing in America.
There was this connection and we could talk about other matters aside business.
It was rather unfortunate to lose that coach as I progressed; you know, new level, new coach.
My personal American coach was assigned to me after I completed all the interviews and training.
He was obviously one of the top coaches; he was a 7 figure earner!
He almost always started his training with “we can’t waste time….”
Another ingredient for failure was the fact that I couldn’t promote this program here in Ghana since the cost was/is too high.
How many Ghanaians would be eager to join an online franchise with a sign up cost of $2,000?
Don’t answer that, it is rhetorical.
This explains how crazy a risk taker I am.
To cut the long story short, I made no sale because I couldn’t afford to spend more money to purchase traffic on regular basis to make sales. $2,000 was about 6,000 cedis then and I made no profit from it.
That wasn’t the only amount I lost in my quest to become an entrepreneur, I have lost a lot in other programs, but this is part of winning!
The franchise is still running smoothly though and I still have access to my back office but it’s been years since I gave it attention.
I however learned a lot of online marketing skills from the tools made available to me in my back office after signing up.
Maybe one day, I might go back to promote it, until then, I want to promote businesses that the broke man in Ghana can afford.
Plus I won’t advice anyone to join this program as it is expensive to join, expensive to promote and you may spend the rest of your life not making a single sale!
I want to withhold the name of this franchise for personal reasons.
If you want to know the name of this franchise, just contact me.
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You would love this trust me.
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