Top 5 reason why you should consider Multi Level Marketing
this 2012
What and why are the most common questions that you will always encounter when
people hear the word “Multi Level Marketing” or “Networking”.
But believe it or
not, even if people say “I know that already” the underlying factor that binds
all potential clients is they don’t really know much about it in the first
place. Some may have an idea but bottom-line is this people don’t have the
correct and valued information about the industry and how it can help them, that’s
why they don’t see its potential or value.
So what do people know? Most of the time, people speak out of the context from what other people told
them and sadly most of this second or 3rd hand information are already
subjective rather than objective. Some even talk about the industry yet they haven’t
tried it or succeed in it, so that’s not a reliable source of information. As I
was advice by my mentor early in my career, pay your respects to other people’s
opinions yet at the end of the day, if it will not help you get your goals or
targets, disregard it. It does make sense; simply put it, if you wanted to be a
successful business man, entrepreneur, dancer or what even tickles your fancy,
you listen to those who succeeded in their career not to those who failed.
So why would you consider Network Marketing as an alternate career or source of
income? There are technically 3 ways to earning money:
1st is you
working for another someone else or what we a being an employee. This is a good idea, if you want to retire at
the age of 60, depend of Social security and start building your dreams from
here coming from your retirement pay. Statically speaking this was and sadly still
the trend for some people. But there are
some people who are able to make it from these demographics but sadly it’s too
low and how? They invest their savings so bottom line they still don’t just
focus on being an “employee”
Question is, if you can earn and starts early then retire younger
would that sounds like a better plan?
2nd Become a Professional like a Doctor or Engineer.
Though, this requires a lot of time in studies, masteral’s and trainings not to
mention that you’re paying huge sums of money as tuition or fees. Are you even
aware that some Nurse undergoing OJT are required to pay a fee just to do their
required OJT? That was not the case before. Of course, this is a good
investment and plan as well some even calls this passion and that’s great but I
have met a lot of people who struggle financially doing their passion.
3rd Is to have your own business or become an
Entrepreneur. This could have the highest potential return and key to that Freedom
may it be financial and/or time. But remember, in traditional business or any
business there are always risk involved as well as large amounts of money to
start up your own.
So let’s look into an alternative that you can do while
juggling your career that won’t eat a lot of your time and jeopardize what
remains of your social life, if not we can improve it.
So you’re asking me “WHY NETWORK MARKETING again?” Let cite
Top 5 reasons why you should consider the industry like myself and make a
better 2012 compared to your yearly routine. By the way, these are proven and well
known facts that we encounter every day.
1.
Recession or Unemployment – This is a proven crisis
even in the US and is here to stay. Downsizing, redundancy issues and retrenchment
to save resources and limit cost. Some are even moving into technology to
increase productivity and unfortunately reduce labor cost.
Here in the Philippines, from my previous industry, these are common practices
in the BPO industry. Yes, you may say there are a lot of other companies but
were looking at stability of income and long term goals; nobody wants a short
term day in day out life anyway.
When you consider a Networking
career, yes, you will still start from scratch or basics moving up but the advantage
is seen in the principle of Leverage and Exponential growth (I’ll discuss this
on a separate article) and as the topic relates, there is no lay off in
Networking. The more you work here, the more it gives back. How? A proven
effective system and support structure that is not talent or metrics base like your
old job.
2.
Network Marketing is the only wealth generating
business that does not require you to give up your life savings but still
generate large sums of money – Like as mentioned above, this boils down to a
proven and effective system. To make it easier to understand, lets cite the
example of franchising a successful establishment. Let’s say McDonalds, it’s
very popular and guaranteed working because of the System that you need to
follow. In a day, (I forgot the
projected earnings that I read before in an article) let’s say it earns 100k, that’s
a huge amount but what most people don’t know is the 100k is not your net
income since there are the overhead expenses and don’t forget the royalty fee’s
your paying for the brand name. NOT TO MENTION! If you have 5 million and more
to invest in MCdo in the 1st place. For the average “Pinoy” or
employee, that’s impossible.
But in Network Marketing your 8,900
pesos, will give you the same capability like those businesses to earn. It
gives you the proven & effective systems to earn twice that amount even as
much as 360,000 minus overhead expenses. How? Because you’re leveraging on the
System not your talents or skills and at the same time leveraging on a mutual
and beneficial partnership between you and your business partners. Not to
mention, at this age of social media , you have the power of social online
networking at the tips of your fingers.
3.
There will always be Inflation – why bother with
circumstances that you can’t control rather let’s focus on what is within your
reach of influence or action, your financial capability.
-
Reduce your expenses – learn necessity from
luxury, even the rich will tell you “ it doesn’t mean you can buy it, you
should”
-
Raise your Financial capability – Don’t just
rely on your job, at the end of the day your just a number better than the last
person. There is no stability in your boss
-
Make your money work for you – Be Smart, let
money work for you rather than you working for money. Invest , you will be surprised
when your revenue from network marketing has surpass your basic salary and becomes
more stable.
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4.
Power of compounding – This might as well be leverage
in action. As John Rockefeller said “I
would rather earn 1% off a 100 people’s efforts than 100% of my own efforts.”
How? This is how large corporation grow,
through the collective production of employees.
And it’s the same concept with network marketing
because you double your effort every time you sponsor another business partner
into your organization. Some will perform less or some will perform more,
nevertheless you multiply yourself.
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5.
The opportunity to work with “Problem Solvers” –
Entrepreneurs are “problem solvers” by nature. They find the solution or supply
to the demands of the trend. If you are to start in any business, it’s always
wise to work with the “Problem Solvers” who are in the lead of the trend not in
the middle or tail. Getting the chance to work with these people not only
increases your success rate if not guarantee it but gives you the opportunity
to learn, grow and become a “Problem Solver” as well. This is the difference of
working with them or for them.
The list may go on but in a
nutshell, these are the most common reasons “Why” and you might encounter a lot
more. So why 2012 again? Because there is no perfect time in Network Marketing
other than today. You will be surprised that a few years back, you had a chance of
MLM but didn’t decide on it, now here it is again. Fact is MLM will grow with
or with you and it will make a better life for somebody you know so better
start with you.
Cheers!
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When you’re pondering about what it takes to be an entrepreneur, don’t overlook the business savvy of kids. They aren’t always consciously striving to climb the ladder of success. However, the journey from toddler to teen leaves a trail of tested developmental data.
Children of all ages are masters of the art of negotiating. Watch a child engaging in the bargaining process. Kids learn early on that everything has subjective value and might be considered trade worthy in certain circumstances.
Reaching agreements results in more rewards than stubbornly wallowing in stalemated disagreements. There is nothing defeating about walking away with a gain. When you want two jumping frogs for your slingshot, keep in mind that frogs aren’t so easy to catch. One frog or no frog? It’s that simple.
Kids seldom take ‘no’ for an answer. When they hit a wall, they walk around it, climb over it or set up a catapult. They don’t quit until they have exhausted every possible way to achieve their goals. They are driven with passion, determination, ingenuity and optimism. You need all of those to be an entrepreneur.
It’s important to know who has the best, the most, the cheapest, the best delivery time, etc. Kids look through junkyards, yard sales, ‘free’ ads and under rocks. That’s all aside from keeping a list they’ve acquired through the grapevine of those who can offer the best fish bait, fireworks, homework help and bike repairs.
When more money is needed, it’s important to be able to turn to more than one funding source. Kids already know this. When one parent turns out empty pockets, they shamelessly hit on the other parent. Benevolent uncles and friends with generous allowances might be willing to offer some temporary financial relief.
You can never have enough contacts. Most kids join activity groups to be with other kids. As the social circle widens through introductions, there is an increase in invitations. The cousin of the friend of the kid on the wrestling team knows the lady who is in charge of auditions for the play you’d love to be in. Hmmm…just maybe.
It’s okay to talk about your talents, goals and successes with pride. The power of word of mouth advertising can start with you. There is a difference between bragging and exuding supreme confidence. Just be sure that you can deliver on your claims. As you show others what you can do, word will get around.
While it’s necessary to be realistic, it’s also important to project a positive outcome. It’s okay to want a pony someday even if you currently only have room for a dog house.
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