Prepaid Business

Most of us may have come across email spam promoting a lot business in Malaysia. Today I’ll discuss on the often spammed and the ones that I can see on the any business forum, they are the top up business. Promoting people to be the agent and getting down line for the mobile phone prepaid business. With only around 1-5% profit margin from every prepaid top up that we sell. Thinking about it is really de-motivating but there are thousand of people in the business because they see the potential of it.

This is how I see it; the only way for you to excel in the business is through three methods, Buying, selling and most importantly is to expand your business network. To get as many agents under your so you’ll be passive income. Their commission is your commission. Just remember that in this business, initial capital is needed. You are basically buying stocks and selling it back.

What you don’t know

You are actually making the pioneer richer, if you’re really thinking of going into the business for the long run, you can definitely start your own prepaid busienss. It’s not exactly really technical, just make a partnership with the telco company, (maxis, celcom and digi), establish a SMS networking, buy SMS modems and automation devices and you’re set. Still seem too technical? Then ask me for further advice..good luck!!