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As many of my long-term readers know, I went through a Rich Schefren coaching program back in 2006. The reason I originally joined was because of what Rich presented in the Internet Business Manifesto.

Unless you have been deleting all your subscriptions to Internet marketing email lists then you probably already know that today Rich is opening the doors to his latest personal coaching program -

The Guided Profit System

I wrote a notice to my newsletter about this program and I’m going to reproduce it below for my blog readers who are not on my newsletter so you can benefit from my experience with Rich’s training.

Before I do that let me be clear about one thing -

Rich’s coaching is only for a certain type of person because it’s cost prohibitive for many, HOWEVER, his resources like the Manifesto and the report he released last week, The Entrepreneurial Emergency, and the audios and teleconferences he releases, are all free and present great ideas. Yes there is a sometimes obvious, sometimes hidden sales pitch, but the core message can be taken away without spending a dime.

If the coaching program offer today from Rich is annoying you because you are sick of hearing about it or you think it’s way too over priced, just focus on what you can learn and implement from the free stuff.

For those of you in a position to invest in business coaching I give a strong endorsement of Rich’s programs. Rich is the only person I ever gave $5,000 of my money to for coaching. It’s worth it just because Rich is so generous with his personal time - you will definitely get a chance to talk to him directly if you join his program.

With that out of the way, here’s what I have to say about the Guided Profit System -

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It’s not quite as easy as the title makes it sound, but bear with me, this article will explain the three steps that are the foundation of every Internet business, why so many people go wrong and give you some realizations that might just be the key to take your Internet business to the next level…

I’ve been studying resources lately designed to teach Internet business, but not just introductory materials, content that goes beyond beginners and is intended to take you to making making millions online.

In my case I’m interested in advanced topics that I can apply to what I do and fill my current knowledge gaps to take the next step forwards. While hunting for those elusive gold nugget ideas I invariably scan the introductory materials and learn with interest how this particular person or organization cover the basics - how they suggest you get traffic and make sales.

My studies have led me to the conclusion that Internet business is actually quite easy. Explained in simple terms (which I will do in a moment), the structure of a successful online enterprise is comprised of a few components, that when linked together can deliver hundreds, thousands and even millions of dollars in online profits.

Easy As 1-2-3

While we all have different ways of presenting what we do and the tiny details of getting a result vary, most Internet marketing experts teach the same few principles, which are in fact no different from what direct marketers have been doing and teaching for decades.

It goes something like this…

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