subject: Cash Gifting Madness - Don't Use These 3 Words to Describe a Cash Gift [print this page] Cash Gifting Madness - Don't Use These 3 Words to Describe a Cash Gift
Cash gifting includes some madness.
Why?
Some sponsors don't know how to explain the process of gifting. Combine this with the fact some gifting clubs offer pledges up to $10,000 and you have the recipe for misinformed prospects and some hype.
Cash gifting is offering a declared sum of cash strictly as a gift. The money is offered without coercion or consideration.
It might take you a few days to learn proper cash gifting terminology. Don't sweat it if you don't pick up these words right away.
Investment
A cash gift is not an investment. New sponsors mistakenly use the phrase "What's the initial investment?" I am quick to correct the newbie error.
Be up front with your prospects. Let them know no investment is made. The one exception is that some clubs charge a yearly admin fee to cover the costs of auto responder and back office services.
Don't look for a return on your gift. No percentage should be promised.
You are entitled to receive cash gifts and most sponsors prosper handsomely with cash gifting, receiving upwards of $20,000 per month with the private activity. If you share the opportunity you will receive cash gifts but these are not to be viewed as a return.
Just understand what a cash gift is and more importantly what a cash gift isn't.
Loan
Expect nothing in return for you gift. You aren't loaning the money to a cash gifting club.
Don't expect interest. The sum of money changing hands is a gift offered freely, without any coercion or consideration. Gifting and non-solicitation forms verify the nature of the money changing hands.
Payment
A cash gift is not a payment for goods and services. No exchange takes place.
Offering a cash gift entitles you to nothing; it's not an entry fee, nor does the gift offer you access to the club's back office.
Since cash gifting is not a business no payments are involved, save the paying of an admin fee.
Do your due diligence to avoid cash gifting madness. Get the facts and prosper.
Cash gifting offers an alternative to a work at home business. No product or service to sell, simply offer a cash gift and share the opportunity with others.
To learn more about our club please click on the link below.
