The hype you see on the gifting group websites about how fast you get cash, and how much you get, is very misleading.. They present the program in the best case scenario.. All gifting groups do, even the one I belong to.. They have to if they want to get your attention.. There are so many websites out there competing for your attention.
Hello.. My name is Jim Kabler.. I'm letting you know right up front.. I would like to sponsor you into the cash gifting group that I belong to.. But I want you to know what you are getting into by joining a gifting group.
I'm here to tell you, setting aside the hype, and dealing with the facts,
Cash Gifting IS the FASTEST and EASIEST way to generate WEALTH.
BUT...
Truth 1. It doesn't happen in three days.
If you need to come up with a large amount of cash in three days, cash gifting is NOT the answer.
First of all, it takes one day for your gift to get to your sponsor.. Then it takes another day to get the gift verified and set up the back office.. At this point, you can start promoting.
Now, depending on how you decide to promote, it will take at least a day, or all the way up to three weeks for people to receive your invitation.
Finally, nobody joins a cash gifting program the same day they review it.. I've had people take more than 3 weeks to decide.
There's a good chance it will take almost a month before you receive your first gift.
Think of a garden hose.. You know how when you first turn it on, it takes a while for the water to get to the nozzle.. Then it spits and spurts a few times.. But you know that's normal, and soon the water will come in a steady stream.. Cash Gifting is just like that.
Truth 2. Most people will not join a gifting group when you invite them.
It's true.. Most people look at cash gifting and think "You know what, this thing will work, but not right now because..." Fill in the blank.. There are all sorts of reasons why people won't join "right now" even though they see the potential.. It's all about timing.. Most people will get involved if you invite them at the right time.. I received dozens of email invitations to cash gifting groups over the past five years, but the timing was never right.. Then one day, the stars were in proper alignment, all the ducks were in a row, ZAP! I was in, and my only regret is that I didn't do it sooner.
The point is, this is a numbers game.. You invite people to look at the program.. Most don't, but some do.. Of those who do, most will pass, but some will join.. Those that join WILL send you cash.. The more people you invite, the more cash you will receive.. It's that simple.
It's no different than a dress shop advertising in the local paper.. They know that by advertising, they get more people to come to the store.. More people in the store means more dresses out the door.
Truth 3. Nobody is going to send you $10,000..
But 20 people will send you $500.. I have never seen anyone gift more than $1,000.. Most start out at the lowest level, $500.. I started at $1,000 because I didn't want any $1,000 gifts being passed to my sponsor, who, by the way, also started at $1,000. If you can afford it, I recommend starting at $1,000.. If not, then start at $500 and upgrade as soon as you can.
While we're talking about sending cash, let's put to rest a myth that it is against the law to send cash overnight.
The USPS will send cash overnight.. They will even insure it.. If you doubt me, go to the USPS FAQ at http://faq.usps.com/eCustomer/iq/usps and enter "send cash" into the search box.. The first search result is "Limit on money (cash) insurable through the mail".. Click on that.
So, sending cash overnight is obviously not illegal.. Just to be on the safe side, I advise those I sponsor to send their gift via Fedex in the form of a money order, or cashier's check.
On the subject of legal, if you're interested in what the IRS has to say about gifts, go to http://CashCowNoBull.com/taxes.html
Truth 4. You need to spend money on promotion..
People wanting to sponsor you will say, "I can show you a dozen ways to promote the program for free".. I can too.. I can also show you a dozen ways to get from NY to LA for free.. You'll get there, eventually.. But if your goal is to get to LA as quickly as possible, wouldn't you rather pay for a plane ticket?
Yes you can start with $0.00.. But things will move along very slowly, and you will need to put the gifts you receive back into a promotional budget.
The group I belong to shows you promotion strategies ranging from $300 up to $3,000.. It is a good rule of thumb to set aside 10% of the gifts you receive to fund your promotional budget.
Truth 5. Your sponsor does not care about your success..
You need to know right off.. No matter which gifting group you join, your sponsor DOES NOT care about your success beyond your ability to sponsor your qualifying person.. Why? Because after that, your sponsor doesn't get a red cent from those you sponsor.
So who is going to help you? The group's support team should.. They get a registration fee and a back office service fee every time you sponsor a new person, whether it's your first, or your hundredth.
All cash gifting programs work in basically the same way.. What makes them different from one and other is the quality of their support team.. There are a lot of cash gifting groups that cost less to get into. But, you get what you pay for.. Members of such groups realize that the support there is weak.. They try to compensate by promising to personally "mentor" you for as long as you need it.. On top of that, they promise to "mentor" anyone you sponsor.
Let's be realistic.. After a few months, the number of people they are committed to "mentor" would be unmanageable.. It's obvious that if any "mentoring" is done, it would be concentrated on members they personally sponsored that haven't qualified yet.
This is why I chose the group that I am in.. It costs more to join, but the service is top notch.. I can assure those I invite that the support is there, and it will be, because it is in the support team's best interest to provide quality support.. That's how they make money.
I belong to the only group where the support team handles all the questions.. All you have to do is invite people to join.. The support team takes it from there.. You don't call prospects, and you don't answer calls from prospects, unless you want to.. It's up to you.
Author : Jim
http://www.articleclick.com/Article/Cash-Gifting-What-They-Don-t-Tell-You../1007051
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