Exploiting a Setback
May 20th, 2008Failure is wasted if you return only to the place from where you fell. If your plans fail, think bigger, aim higher.
Failure is wasted if you return only to the place from where you fell. If your plans fail, think bigger, aim higher.
No matter who gets the presidency the Middle class is in trouble. History has shown that in every economic downturn, Network Marketing goes through the roof. Cobine that with the fastest growing team, in the fastest growing, highest paying business model in the Networking industry… and you get: THE PERFECT STORM.
” Alot of people are betting their hopes that the next president will “save the middle class”. I don’t think thats possible, I think the middle class is toast, because their are forces beyond the president, congress or govt, there are global trends and technology trends, as well as the change from the industrial age to the information age, that is wiping out anyone who is still thinking in industrial age ideas, ‘I’ll get a good job then when I retire the company will take care of me , then Medicaid and the govt will take care of me’ … and thats just no longer the case, and there is no government in the world that can prevent the trends that are sweeping the globe.”
- Robert Kiyosaki
Wealth is not a specific number or amount. It is an attitude.
There is more than enough abundance in the world. It is yours to the extent that you imagine it to be and then proceed to live and to genuinely act according to your expectations.
The less you need, the more you have. When you need nothing, you have it all.
What you grab from others will be of no use to you. It is the value you’re able to provide to others that creates enduring wealth.
You can be wealthy this very moment. For when you sincerely see yourself as wealthy, you truly are.
Look within yourself and discover the true wealth that is unique to you. And find real joy in building upon that wealth, day after day.
– Ralph Marston
- Jim Rohn
When you spend good money for targeted MLM leads, you’d better find out what makes them tick. Talk to them, and find out what is important to them about a “work from home” opportunity. Ask the right questions, and every prospect will tell you exactly what they want.
You need to know the nature of your prospect with regard to MLMs - those emotional aspects that would respond best to your presentation. Become an expert on your prospect. Be a good listener. Talk to your prospects and those who know and have dealth with them. Someplace in there you’ll find the reasons that prospect will join your team.
What are their motivations? What exactly are they looking for in a network marketing opportunity? What are their conditions of satisfaction - what do they absolutely have to have in order for them to make this choice?
Find out their history. Choose from the following questions:
You’ll never use all these questions in one conversation. But depending on how it goes, you can pick and choose different questions from this list. The longer you talk to a prospect, the more you understand which questions you really want that person to answer.
And the longer you talk to targeted MLM leads, the better you’ll get at building relationships with them.
Once you gather this information, you’ll have a sense of their emotional needs. The idea is to present to them and be able to match their nature to the nature of your team. Someplace in these emotional needs, you’ll find the prospect’s main motivation. And that will give you all the clues you need to get into your prospect’s heart and soul and convert them to a productive, successful member of your team.
- Richard Dennis
Traditional businesses have been around for years & have done a lot of good for many people. However, the rise of the home based industry has given people a lot more choices in life.
Here are the disadvantages of a traditional business:
1. Very high start up costs. Most traditional businesses require hundreds of thousands of dollars before making any money at all.
2. Most traditional businesses can take anywhere up to 4 years to turn over any profit outside the original start up costs. This means being in a pure income after expense position.
3. Most traditional business owners spend anywhere from 60 to 80 hours per week to run their businesses.
4. Commuting to the business is the same as commuting to a job. There will be no escape in the never ending rising fuel costs.
5. Less time with family. If you have to spend 60 - 80 hours per week trading time for income, then how much time is left over after taking care of business? Not much at all.
Here are the main benefits or advantages of having a home based business:
1. Having a thriving home based business can offer you 5, 6 or even a 7 figure income without having to leave your home.
2. Not having to commute to a job or business will give you at least an extra 2 to 3 hours per day.
3. Leverage. You can use the power of team effort to give you more income without putting in extra time. For example: Most home based businesses allow you to earn partial commissions from the sales that your team makes. This is like making money in your sleep.
4. More time with loved ones. Think about it. If you are able to make more money with less effort, then you will have a lot more time on your hands.
5. Living with a lot less stress. When you work from home you escape the stress that comes with following the herd. It is literally escaping the rat race that goes on everyday. Less stress can lead to a happier & healthier lifestyle that could ad years on to your life!
6. Freedom. You have a lot more freedom without having to schedule your life around an employer’s schedule. You can go on vacation when the masses are still at work. You can also save a lot of money by taking advantage of off peak rates or seasons.
7. Gas prices won’t affect you as much because you probably won’t be putting to many miles on the old car anymore.
Well there you have it. Both business models have some advantages & some disadvantages. To help you better decide between the two, you can follow your passion or bliss.
If you like spending a lot of time working in a traditional business & don’t mind commuting, then a traditional business may be a better choice for you.
Now if you dread being away from your family & home for most of the time & feel very passionate about a life or freedom & prosperity, then a home based business would be the better choice for you.
Most people seem to be drawn to the home based industry by the promise of wealth but don’t get started out of fear. Many fear getting into anything that they don’t full understand. Well there is a huge paradigm shift going on in this industry with many people making money a lot quicker than in the ninety’s.
Robert Kiyosaki & Donald Trump dedicated a whole chapter in their book “Why We Want You To Be Rich” to Network Marketing.
Donald Trump has openly said on the David Letterman Show that if he lost his billions he would make a come back by using the Network Marketing Industry (home based).
If you are contemplating joining this industry take some time to find the right business that offers all of the attributes above.
You may be surprised by the quality & potential that some of these home based businesses provide.
Find the right business, there is one out there with your name on it just waiting for you. Remember to lose the fear & have fun with it. If you have fun & are handle your learning curve confidently, you will be earning in no time!
- Rory Singh
Many people all over the world now have a home business and are hoping it will bring them the financial security and rewards that they dream about. Unfortunately, the success rate for home based businesses is far lower than it should be because most people quit their business before they ever really start it.
The key to overcoming this common pitfall is to ask yourself, “How can I grow my MLM Opportunity faster?” If you begin with this goal in mind- a fast start- you are ensuring that you will take action NOW, see results SOONER rather than later, and increase your chances of success exponentially.
The first and most important thing to answering your question of “How can I get faster results and help my MLM Opportunity grow?” is to have a plan as soon as possible. That means sit down and write it out- tonight! Without a plan you will be running in circles (think dog chasing his tail) and getting nowhere fast.
With this in mind, I’m going to lay out my basic plan to every home based business that I ever undertake. See if it passes the “How Can I Grow My MLM Opportunity Faster” Test. ( I guarantee it’s faster than the 3 foot rule)
I call it E.S.T.A.L. and it stands for:
E - Educate. Learn about your product/service and company as quickly as possible.
S - Simplify. Cut out all of the fluff and determine the primary benefits of your product/service. Also decide how you are going to work within your company’s system for maximum results & who you are going to target.
T - Test. Test your plan and system on a small scale, and check the results. If they aren’t profitable enough, tweak your system and test it again. Repeat this step until you get a result that meets your requirements.
A - Automate. Create systems that require little or none of your time to continue to carry out the necessary activities. NOTE: In MLM you will always need to be around to help your team until they are fully self sufficient. Therefore, automate as much as possible without losing the personal connection needed to build and lead your team.
L - Leverage. Simply put, do work in such a way that you do the work 1 time, and get paid for it over and over again. Or work such that you do something once and it is able to reach many people. Again ask yourself again, “How can I grow my MLM opportunity faster?” This includes things like doing training videos (instead of live trainings & presentations), teaching & training in large groups, and recruiting in such a way that you don’t have to do all of the ‘repetitious work’ every time.
If you implement the E.S.T.A.L. system into your business, you will reap the rewards of building you business properly, and the answer to the question of ‘How can I grow my MLM opportunity faster’ will become self evident.
- Derick Van Ness
Life is a series of peaks and valleys. Sometimes everything is going great. At other times, success seems to be just out of our reach. This process is the same for everyone. However, you need to be aware when you are in the valley so that you can make changes or learn something new so that you can start climbing towards the next peak as soon as possible. Here are some important things to remember.
1. You can”t climb a smooth mountain - Realize that when you are in the valleys that it is actually a blessing in disguise. If we don”t have those down times then we cannot learn what we need in order to reach the peaks. So when your network marketing business is not working as fast as it should, think to yourself, “What am I suppose to be learning from this?”
2. Don”t be jealous of those on the peak - Instead, use them as resources. Ask them how they got out of the valleys. Remember, it is all the same process. Chances are they had the exact same challenges that you had.
3. Don”t give up - Perhaps the most important thing for you to do is not give up. So many people hit the valley and assume that they will never climb back up. Not true! In fact, the PURPOSE of being in the valley is so that you WILL climb back up.
So remember, just as there are cycles to the seasons, to the stock market, and to your washing machine, there are cycles to your network marketing business. Just don”t give up, learn what you need to learn, make the necessary changes, and reach the peak!