FRESH FACE OF MLM – NETWORK MARKETING REVISITED

You are The Owner of Your Destiny, Internet.

We use the word persistence without dwelling on what it truly means. The dictionary definition is clear: standing firm, enduring, tenacity, etc.

The true meaning of persistence however should be reflected in HOW to be . . . in the business sense.

Why do so many people quit after just a few months when starting a home-based business? Did they not understand what it takes to create a successful business in general? Or, did they think operating a home business is merely to escape from a nasty boss and the daily commute?

In any new business, one must expect significant obstacles and disappointments. If you are not prepared to go through these emotional snake pits, you should not start any business.

Persistent people have one thing in common. They are single minded in their quest for success. They sleep and breathe their business both because they enjoy most of the work involved and they view it as their mission to be accomplished. They constantly strive for solutions when obstacles are encountered. They constantly analyze the situation and themselves on a mental scorecard. They seek answers everywhere until they get them. Sometimes answers come from unexpected places and at that the moment they can say, "my prayers are answered".

Turtle's race with rabbit:

In business as in life, some people can run faster than others. It's the fact of life. But don't be sold on the absurd concept that faster is better. The speed of success is not as important as how you achieve it. You have to respect your own speed with which you are comfortable. Once you get underway, and hold the course, you are destined to arrive sooner or later. It's your self-race. You do not need to look at others who are passing you by, thinking you are lagging behind or failing. You just need to maintain tremendous faith in yourself and keep going.

Falsehood of getting-rich-quick:

There is a lot of noise on Internet superhighway. Unfortunately, the 21st century phenomenon of mass privatization has produced a clamor of false excitement by many amateur advertisers who push their products and services to gullible souls. Some advertisers use the audacious word "guaranteed". Hey, nothing is guaranteed in this world except death and taxes. If you are prudent and sort out all the weeds and debris, you are already half way to building a real business.

The Leverage Principle:

The lever and fulcrum is the simplest device known to man since the time of the Greeks. "Give me a place to stand on, then I will move the earth" said Archemedes. This great mathematician was of course talking about the power of leverage. A company gains leverage by borrowing capital to expand its operation in turn increasing the stock price. On another business front, the power of leverage has been demonstrated in recent decades with the concept of franchise operations. A single owner of a business, who tries to do everything himself, and pocket 100% of the profits, does not understand the advantage of leveraging. If he expects 3% profit from each of 100 franchisee, his profit can go up to 300%. This leveraging power is the essential principle of network marketing. It is very powerful concept that by helping an entire down line community you help yourself much more than you could working alone.

Why More People are looking into Network Marketing:

As explained in Carter's book "Infinite Wealth", mass privatization is the massive transfer of business ownership from centralized, corporate bureaucracies into the hands of millions of self-employed individuals.

Already 20% of America's work forces are self-employed and more than 8 million of these are engage in network marketing. This number is growing very rapidly. Network marketing is only one of the vehicles that Carter identifies as contributing to the mass privatization of our economy. But it is clear that this is the most successful vehicle yet devised to help millions of people break free from the 9 to 5 grind.

With the recent havoc caused by the demise of many blue chip companies, workers are beginning to think more seriously about leaving the ranks of the employee to develop their retirement nest egg elsewhere. No company can guarantee long-term employment, not to mention a retirement plan, any longer.

Also, a large number of self-employed people who have received linear income over time, have begun to question whether their lucrative income will allow them to build much in the way of retirement savings. They already have lost big chunks of their retirement savings in the stock market crash of the last few years.

Saving a part of ones paycheck or linear income from self-employment is no longer a valid method for generating the "stream of income" needed for the retirement years. Consider the longer life span of average folks in the U.S. today. People live longer after retirement than before. To make the situation worse, the active employment age gets shorter and shorter due to the growing influx of younger workers. This gives employers the easy choice of replacing older workers with lower cost ones.

One of the proven solutions to retirement financial certainty has been found in the network marketing industry as network marketing can provide a solid income stream in various ways. Operating your own healthy and honest network marketing company can provide you with a perpetual stream of income if you are willing to invest the time, are driven for success, and willing to work in persistent a manner.

There are some important factors you must scrutinize, however, before jumping into networking marketing:

First, study the industrial cycle. The cycle has a lot to do with the types of products and services to offer. If the products or services have little current competition or the company is in the earlier stage of product introduction, your chances are better of generating a large income stream down the line.

The second important factor to consider is whether you are participating in the earlier stages of a networking hierarchy or the tail end. After 10 or 15 years of propagation, it is harder to kindle further fast expansion. If you associate yourself at this later stage, you will end up working harder and for a longer period of time. You essentially end up generating more income for those up-line people who came in earlier.

The third aspect of network marketing to watch is whether the company has unlimited potential expansion without resorting to hyperbole. Some products/services are of a genuine quality that matches the public’s demand and they do not need to be oversold.

A company like Retire Quickly Corporation passes these 3 most critical tests. http://www.retireQuickly.com/25243

Partnership or Solo:

Although it's true that you are the main source of success or failure, do not ignore the important contribution of your partner in your business.

Your partner provides camaraderie and is a kindred spirit who is taking the same journey with you through good and bad times. Two partners are like chop sticks supporting each other in an indispensable way. Your partner can help you rise out of an emotional slump when things are not going so well. Your partner can help you get back on track again when your mind is roaming around aimlessly with despair. You don't want to quit when you have trusting partner. Your partner can stimulate you to succeed. It is amazing how two like-minded, good friends can pump each other's energy up to a higher level for their joint success.

A partnership means teamwork. When you are committed to a team, you bring out your best to maintain the team’s spirit. We are born to be communal specie thus a joint survival is much stronger than solo survival. There is an old Korean adage "When you lift a sheet of paper jointly, it's much lighter". Working as a unit, not as a twosome, is the core spirit that speeds up the success in your business. My observation over the years indicates that there is a higher success rate in network marketing enterprise with partnerships rather than solo players.

Reflection:

In my 25 years as an investment adviser and analyst, I have watched many new fads come and go. Yet through it all, there are many successful companies that shine for a long time and continue to thrive. These shining stars do not, in general, overly hype their business with empty clamor. They quietly thrive as a powerful undercurrent. I've witnessed such an impressive operation in the Retire Quickly Corporation.

You may check it out at the website: http://www.retirequickly.com/25243 and find out why I joined it with excitement.

Kay Forgione, ChFC Admin@gs2000market.com 510-790-1006

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