Wednesday, April 13, 2011

Do you need other people to succeed financially?

Do you need other people to succeed financially? The short answer is yes and that's because you only work eight hours a day and this is not enough for you to earn a lot. Truth is, no one has ever gained financial success only through themselves. People in all walks of life have to realize that there is a constant need to multiply their time through others, either to get things done in a shorter span of time or for wealth accumulation. How can this be?

If you study the lives of businessmen who gained financial success, you will know that at the onset they themselves have worked and have sold their products to make their respective businesses grow. Later, they employed a growing number of people who continue to sell these products and became helping hands in the business for them. Since the combined work time of employees form part of the time of these businessmen, they became even more financially successful.
If a prominent businessman has 10,000 employees and earns only 10 pesos for each man hour, a sample of his earning even if he doesn't work will be as follows: 10,000 x Php10 x 8 hours = Php800,000/day (Php24M/mo.).

At this point, ask yourself how much are you earning for each hour of working. How much is it for a day? For a month? Also list and deduct from this all your expenses and other obligation at home.

What if someone got sick or an unexpected thing happens that will require a lot of money from your earnings?

As an ordinary employee, a blue-collared worker, or a daily wage earner, how can you grow your time so you can earn more and make your dreams in life come true? It's simple... plan to have a business that utilizes the capabilities of other people to earn. In other words, similar to the owners of large groceries inside malls, you need to still earn even though other people are now the ones selling the products and it is also possible that you no longer know those who are buying. This is called the Law of Leverage. But do I really need to sell? Yes, because all businessmen went through selling and still sell through others; they only differ in strategy and business model.

A lot of people say that they want to have their own business but they also say they don't have the investment money. We all know that all kinds of business, big or small need this. Plan when you can save enough to get the business started. Those who don't plan or take action can never get their business started. Others are smarter by making use of available credit line, selling some stuff they have or asking for assistance from a relative or friend, knowing that there's a clear return of investment and profitability as they build their business and network of people who will help them succeed, with a lot less financial risk.

In this short article, it is my hope that you have learned something worthwhile. Dream and strive to reach this dream in the shortest possible time so you can experience the comforts of life longer. Remember, "the most miserable person is a person who has no dream at all".

As I have always say, “It takes a TEAM to build a DREAM”.

Special thanks to Infinity Team!

Wednesday, February 4, 2009

R. Kiyosaki explains the Perfect Business

Robert Kiyosaki, the famous author behind the Rich Dad, Poor Dad series of financial books has talked about network marketing as one of the most perfect business models on the planet.

To understand what he means by a perfect business, you must understand the background of the E, S, B, I quadrant.
E stands for EMPLOYEE, where you are under legal employment working for an employer getting a payroll. Kiyosaki claims that most employees are stuck in a rat race, where the employee constantly working to pay off his debts to the government, the taxation institutes as well as the banks. He finds that there is little freedom and to exit from the rat race, you must progress into the different quadrants.
S stands for SMALL BUSINESS. He quips that it stands for solo businessman as well where in order to do things right, you gotta do it yourself! This quadrant of businessmen rarely leverages on others because they not only have the responsibilities of a business owner, they often need to double up as the worker and sales rep, the customer service rep and sometimes, even the delivery guy!
B means BIG BUSINESS, it is the quadrant Kiyosaki wants to get people into where you run a BIG business by leveraging on people ‘under’ you.
Lastly, the ‘I’ quadrant is where big business INVESTORS wind up. They use their money to earn MORE money. Kiyosaki describes the network marketing business model as the perfect business simply because he believes that you can easily jump from the ‘E’ quadrant directly into the ‘B’ quadrant without going through the hardships of the ‘S’ quadrant.
When you start a network marketing business, the most important skills you will learn are business skills. Skills such as managing people, understanding the needs of your customer, how to invest your time and money wisely and lots of self-improvement, mindset changing awareness that will take your business skills to the next level.

This is our chance to change! Feel Good, Look Great!

Sunday, December 21, 2008

Why Network Marketing or MLM?

1. Small Startup Cost
Many traditional businesses take a heavy investment in equipment and office orretail space. A network marketing business takes a very minimal investment to getstarted. You should be able to recoup your investment within 30 days.
2. No Risk
Since you have no large investment, your financial risk is almost non-existent.You really have nothing to lose except some of your time and yet you haveeverything to gain. Where else can you start a business for under $200 and havethe potential for financial freedom?
3. Working From Home
No traveling to the “Cement Jungle”, no wasted time in traffic tie-ups. This isespecially good for women who want to be at home with their families yet be ableto earn some extra income. It is also good for the person who is tired of punchingthe clock and being paid what a job is worth instead of what they are worth.
4. Flexible Hours
In corporate America you are married to the clock. Your employer decides thehours you work and the time you get off. Most businesses do not have muchflexibility. Even owning your own business isn’t always the answer. Somebusinesses can become very demanding. You may think you own your ownbusiness when in reality the business may own you.Your networking business is usually started on a part-time basis. You are alwaysin control of the time you put in. You decide the hours you want to work. Bygiving up a little leisure time, putting aside the TV, bowling leagues or a night atthe movies, you can receive great dividends down the road.
5. No Special Licenses or Training Required
To become an attorney requires several years of schooling and then barexaminations to pass. Doctors require even more schooling and training. You startwith a heavy debt burden before you see your first paying customer.Even many of the trade occupations require apprenticeships before you can belicensed and have your salary or hourly wages increased.In networking there are no exams to take. No special licenses to acquire. Nounions to join.
6. Duplication of Efforts
In a professional business such as a doctor, dentist or attorney, it is the proprietorof the business that is really earning the money. The staff is there only to assistand they add to the overhead. For instance, if the doctor is on vacation, there areno income producing activities, yet the overhead stays the same. The money thatis earned is mainly because of his efforts. When he is not working, the moneymachine stops.Very few people ever become wealthy without duplicating their efforts throughothers.Network Marketing has been called “The small mans franchise”. You are actuallysetting up distribution centers throughout the country and throughout the world,yet you don’t have the fees and the overhead associated with franchising. You arepaid every time product is moved through these distribution centers. The moredistribution centers you have, the higher your income.J. Paul Getty said, ”I would rather be paid 5% on the efforts of a hundred peoplethan 100% on my own efforts”.
7. No Large Inventories to Drain Your Capital
Many companies have a large amount of their assets tied up in inventory to supplytheir customers, which can also lead to additional taxes at the end of the year. Inmost product-oriented companies, bank loans are required just to get startedbecause of the necessary inventory.In networking no large inventory is required since the company ships the productdirectly to the distributors in your downline. The distributors in your downlinesimply call a toll-free number, place an order and you receive the credit for thesale without even being involved in the process.
8. Discrimination Free
No matter what your race, color, religion, age or gender you can succeed innetworking. It is the most colorblind of all businesses. Your background andeducation doesn’t matter. Your success or failure depends solely on your ownability and not on someone else’s prejudices.The annuals of networking history are loaded with the success stories ofminorities who had never been given an honest chance in the normal businessworld and who are now debt free and financially strong.
9. Tax Benefits
A salaried employee has no tax related deductions, except the interest on their home mortgage.Can you imagine going to resorts for conferences and being able to deduct it as abusiness expense? Once you are a self employed person, many tax advantagesopen up for you; travel to and from your appointments and meetings, a homeoffice, etc.
10. No Regulatory Problems
The networking company you represent will take care of all regulatoryrequirements set up by the governments, local, national and international. Theywill have the necessary skills, knowledge and personnel to take care of this area.And the cost to you? Nothing! It is all a part of their support to help you succeedin your business.You will be able to run a national and international business from the comfort ofyour home with nothing more than a phone, fax machine and a computer.
11. No Employees
With more and more regulations being imposed on businesses by governmentsworldwide, it has become an administrative nightmare. A serious business needsto hire specialists to keep up with the regulations.Since each distributor is an independent agent, you have no employer, employeerelationships. No payroll taxes to fill out, no government agencies or forms toworry about. Your job is to recruit and train. The networking company yourepresent takes care of the rest.
12. Positive Environment
In the corporate world, most of the time people are looking over their shoulderwondering who is gunning for their job, wondering if they will get that raise orpromotion they are counting on. And usually you have no choice who you workwith. This can lead to a great amount of frustration and insecurity.In networking you have just the opposite. You are in business for yourself but notby yourself. You have a whole upline group that is pulling for your success,people who will go out of their way to help you succeed. You chose the peopleyou want to work with. You are surrounded by people with a like mind and itcreates a positive, exciting environment.
13. No Account Receivables or Collection Problems
Account receivables have destroyed many businesses. Collection problems can becostly and bad for customer relations.Since networking is done on a cash and carry system, you have no negative cashflow. As mentioned earlier, your organization, both distributors and customerscan call a toll-free number and place their orders. You never even have to handlethe money.The only money you have to worry about is how to spend your check.
14. Inexpensive Training
Doctors and attorneys can go to school for years and spend a staggering amountof money while being trained and schooled, then start their business with analready heavy debt burden. In Networking you may have the cost of a few books,some tapes or an inexpensive training session. You begin to make money evenwhile you are being trained, unlike many professional occupations.You actually earn while you learn.
15. Training Flexibility
No daily or weekly intensive and expensive classes to attend. No professorswatching over your shoulder or exams to pass. Much of the learning that will takeplace will be easy and convenient; listening to a tape while driving in your car,watching a video at your convenience, arranging 3 way calls with your mentor orattending a training session on a week night or weekend.
16. Quick Income
Unlike the professional occupations where you make no money until after yearsof schooling, in networking you can begin to make money immediately, evenwhile you are being trained.A good networking company today will pay you on a weekly basis. No morewaiting for your check which only comes once a month.
17. Unlimited Income Potential
Most people trade their time for money. You want more money, you work morehours or get paid more per hour. There are only so many hours a week a personcan work. Though professionals are paid more per hour than salaried workers are,they still reach their limited because they are limited by what only they personallycan do. Eventually a person being paid through their own efforts will reach thetop of their earning potential.How would you like to be paid what you are worth instead of what a job is worth?That is what happens in networking. No longer are you limited by the confines ofyour job description. There is no artificial ceiling put on your earnings.A good marketing plan will have a seamless worldwide compensation plan. Thepossibility for unlimited expansion means the chance for unlimited growth ofincome. As you sign up new marketing representatives into your organization andthey in turn do the same, your organization will grow at an accelerated rate and asmore products are moved through your organization, your income increasesproportionately.In networking you can have income without personally creating that income.
18. Continuos Demand
A good business offers a product that people want, need and can afford. A productwith an emotional appeal will also be recession proof. People buy on emotion notlogic and will want your product no matter what the economy is doing. Truebusiness success lies in repeat sales and offering a product that fills a universalneed.
19. Not Effected by Local Economy
You want a business that is separated from the local economy. If you rely only onlocal sales, any time a natural or man made disaster occurs or economic hardtimes come, your business will be effected.As stated earlier, in networking, you are able to cross city, state and even countryboundaries to build your organization. You are not limited by any economicclimate in any given place. Things could be slow in one area yet booming inanother.Geographical diversification can add a measure of stability to your business.
20. Willable
A networking business can be transferred at death in a will and unlike almost allconventional businesses, this type of business can be transferred estate tax-free.You are transferring cash flow not highly taxed capital assets.You will be able to continue to financially bless the members of your family witha residual income that you have built that goes on even past your death. What conventional job offers that!!!
Join me and experience the good life, email me at

Sunday, December 16, 2007

The Art of War for MLM

Sun Tzu The general rule for military operations is that the military leadership receives the order from the civilian leadership to gather armies. Let there be no encampment on difficult terrain. Let diplomatic relations be established at borders. Do not stay in barren or isolated territory. When on surrounded ground, plot. When on deadly ground, fight.

Let’s examine each of these rules as they relate to The Art of War for MLM:

1. The military leadership receives the order from the civilian leadership to gather armies.
While the general population (GenPop) doesn’t tell you which products to market nor how to market them directly, if you aren’t listening, you’re dead. Too many MLM companies are formed because somebody got access to a widget that wouldn’t sell via traditional means so they decided to pawn it off on the dumb Network Marketers. An example would be 3-D cameras.
I often see ads that proudly proclaim; we don’t sell lotions and potions. This leads me to question; why is it to your advantage to avoid marketing the greatest selling items the MLM industry has ever known? Since people in the GenPop use lotions and potions on a regular basis, I would think you would want to attack that marketplace with these items in your arsenal.
I also see ads that say; you don’t ever have to talk to your friends and neighbors. Network Marketing derives its power from the fact that it is the greatest form of word-of-mouth advertising ever created. Try this next time you have the opportunity to speak to a group of Network Marketers. Ask them how many joined the industry through friends, relatives or co-workers and how many joined because of an ad or the Internet. You will find that about 90% joined through people they knew and trusted. If you want to build a large international organization, you need to find ways to help your new sponsorships contact their warm market, 1) to introduce you to them and 2) to notify them that they are in business. If they are not willing to contact their warm market, don’t spend a lot of time working with them. Your job is to teach them how to be successful, not to find an acceptable way for them to fail and then blame you for that failure.
2. Let there be no encampment on difficult terrain.
Many distributors spend all their free time trying to build their MLM business in Internet business chat rooms and on MLM related bulletin boards. This is like setting up camp among the enemy. These mediums are filled with people who are hostile to your cause. They are either anti-mlmers looking to stir the pot a little or the mlmers in the wrong color uniforms trying to build their business in the same environment as you are.
The anti-mlmers are, of course, against everything you are about and they are very vocal. So they spend most of their time looking for the dirt under your fingernails. Since you are human, they will find it. They will expose your humanity and they will do it in the worst light possible.
Now the guys in the wrong color uniforms are an even more interesting threat to your business. Most inexperienced and ineffective mlmers highlight what is wrong with you and your company rather than what is right about theirs. This is a stupid strategy that becomes very concentrated in these environments. Since this is unlikely to change, find more fertile ground to build your business on.
3. Let diplomatic relations be established at borders.
While you are competing with other Network Marketers, they are not the enemy. If you choose to treat them that way you will spend all your time at war in your own back yard rather than expanding your empire.
You will earn a fortune if you only build an organization of 10,000. Make friends and allies of the better Network Marketers in the industry. They will possess weapons and abilities that you do not have. Trade skills, strategies and concepts. All great civilizations have been built on trade. Befriend the best of the best and you also will become great.
4. Do not stay in barren or isolated territory.
Many Network Marketers move from company to company and continue using the same techniques they failed with in their previous company. They think the change of company will yield a change of results. But they are wrong. When your tactics are flawed, change your tactics or your results will remain the same.
Hot products and hot opportunities do not make great network marketers. Great Network Marketers make hot products and hot opportunities. If you are not successful, the change you must make is in you. Learn the tactics and strategy for success and employ those tactics and strategies. This will move you away from barren or isolated territory and toward great victories.
5. When on surrounded ground, plot.
When your competitors seem to have taken the advantage, take inventory of your strengths and theirs. Where they possess greater strength, build up your weapons base and adjust your strategy based on your new strengths.
Many Network Marketers move from hot opportunity to hot opportunity without ever establishing a distributor base / foundation, or a reputation as a strong warrior. By doing this you will never step into your greatness in this industry nor will you ever build the wealth you are seeking. To join the opposition is to surrender. To surrender on many occasions is to build a legacy of failure.
When the opposition appears as if it has the upper hand, plot. Take inventory and build your arsenal. When you are strong, attack the marketplace again with renewed vigor and enthusiasm.
6. When on deadly ground, fight.
On occasion, you will encounter an enemy who wants you dead rather than simply beating you. This enemy may say bad things about you, even untruths to show you unworthy of public trust. When this happens, you must fight for your life. You must wage war on every front. You must deploy your best tactics and weapons at every turn. You must swarm your enemy.
When you are under attack, this is the time you must work long hours and recruit new troops. In some ways, an enemy who wants you out of the picture is doing you a favor. Most great accomplishments are built upon a foundation of urgency to survive. More distributors will join a cause than an opportunity. When you have a great cause you will truly have a great opportunity.
When your life is threatened, work long, work hard, charge.
Building an empire is not for the faint of heart, however, you can never do it if you don’t understand what it takes when you set out to get it done. As in the game of life, winning in MLM takes strategy, I often look to the master strategist, Sun Tzu, the author of The Art of War, for inspiration and guidance. Sun Tzu was a brilliant general who lived in China over 2000 years ago.

Lastly, here is my favorite leadership quote: Management is doing things right; leadership is doing the right things. - Peter F. Drucker