Saturday, September 3, 2011

ZeekRewards - Risks and Rewards

With every business opportunity there are associated risks. I consider it my duty to explain to you these risks so that you make an informed decision. I want to take the hype out of the program so that you make a decision based on logic rather than emotions.

ZeekRewards is a very high paying program. There is nothing comparable with this on the internet. With high returns there will always be some risks. Let me first explain you the risks and then I will tell a few strategies that I am using to minimise the risks.

Penny auctions have been in existence for around a decade but this industry is currently not regulated. There is a possibility of government regulations coming into force at a later date that may change the profitability of the business model.

ZeekRewards pays you for placing an advertisement each day for a rolling period of 90 days from the day you purchase VIP bids. At the end of 90 days your bids retire. Your profitability will be affected in case you fail to place an advertisement on a particular day due to oversight or illness. At the time of writing I am getting retail profit share of 1.4% daily which relates to over $200 per day. This is the loss I will suffer in case I do not place my advertisement for the day.

Strategies for Minimizing Risk

Although we have no control over government regulations there is nothing presently on the horizon that will affect profitability of the company in the near future. With the present rate of compounding of retail profits your initial purchase amount of VIP bids will double in 6 months. It is advisable to cash out your initial capital at this stage and continue compounding with the house money at no risk to yourself.

Your risk will be further minimized if you sponsor a few people into the business. Not only will your retail profits compound with 5% to 10% of their VIP points added to your account on a daily basis you will also have an added income from the matrix which I have found grows extremely fast due to the pooled effort of the people above and below in your network.

I normally place one advertisement every 12 hours (in fact it is my lovely wife who does it for me) to avoid the risk of losing out on the share of the company profits for the day.

In fact you should train more than one person in your house to place advertisement in case you go on a holiday or are sick. It is a very simple 3 minutes task. My son does it in less than two minutes.

I raised the issue of not placing ads with Paul Burks, the owner of the company, due to illness or accident and his response was to inform the company in such an eventuality and they will place the advertisement for the day till such time you recover.

Risk and Rewards

Life itself is a risk. The simple truth is that from the day we are born till the time we die we are at constant risk.

We can be knocked off in a car, train or an aeroplane accident. There is risk from fellow human beings, animals, viruses and bacterias.

Our uncontrolled passions and ambitions can put us at risk. Then there is risk of the cosmos falling apart and not mention earthquakes, tsunamis, tornados, fire and flooding.

Lastly, the human body and mind are such complicated pieces of machinery consisting of millions of parts that something can fail at any time making us incapacitated.

The beauty of life is to aspire and achieve greatness in spite of the risks. Finances play a very important part in our lives. They play an important role even in gaining spiritual freedom something that I aspire for.

Imagine the freedom you can have if you have no financial worries. The pleasure it will give you to provide for your family wellbeing and helping others in need.

ZeekRewards provides that opportunity for financial freedom. If you study the business plan carefully you will find that it has been devised by a genius. It is perfectly balanced for you as an entrepreneur and also the parent company. There are some risks as I have explained but these are manageable with little prudence. The financial rewards are so huge and so quick that it outweighs any risks.

I am also a firm believer in continuity income. My philosophy is you should work once and be paid again and again. ZeekRewards provides you with continuity income.

ZeekRewards is a program that offers you the highest retail profit sharing program on the internet. There is no sponsorship or qualification requirement.

You can start earning $250 per day by simply placing one advertisement every day that takes less than 5 minutes of your time each day. For a comprehensive review of ZeekRewards program visit http://www.zeekrewards-reviews.com/.

Article Source:http://EzineArticles.com/?expert

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