Showing posts with label start your own business. Show all posts
Showing posts with label start your own business. Show all posts

Selling the Dream

Author esantra Category , , , ,

From time to time I include some content on this blog that is unoriginal because I think there is great merit and usefulness to the content, and I have master resell rights to it. Master resell rights are something that you should look into. You can republish articles from others on topics that suit your blog or website. Here is an article that I found both fascinating and useful.

dream

Selling the Dream

Network Marketing: Selling the Dream (Part I)

by: Fernando Rivadeneyra

Copyright 2005 Fernando Rivadeneyra
Are you tired of struggling to make ends meet? Unexcited about driving in rush hour traffic? Burned out at work making your BOSS’S dream come true? You have a choice in life but most people choose to live in constant fear. They are scared to death of failure or success. They feel small. They don’t feel they are good enough or important enough to make a difference. There is a secret to success. All it takes is a dream.
When was the last time you dared to dream? Have your hopes and aspirations been squelched by life and no longer express your dreams to others? Are you no longer asked about our dreams because you are expected to have accomplished and attained them by now? For the vast majority of the population the dream has been replaced by a nightmare. We all continue to seek happiness, security, independence, and riches beyond compare. Many have managed to achieve these things in their life through network marketing.
Network marketing maybe the answer needed to revive your dream machine. However, not everyone is suited for network marketing. But if you have moderate people skills and are a big thinker, network marketing could be right for you. In this the first of four parts, you will find out what a prominent author says about network marketing and why he believes network marketing is the ideal vehicle to wealth and prosperity.
For someone exploring a network marketing opportunity for the first time, the book written by Robert Kiyosaki entitled, “The Business School for People Who Like Helping People” is a book to have.

RICH DAD'S THE BUSINESS SCHOOL: FOR PEOPLE WHO LIKE HELPING PEOPLE

Robert Kiyosaki reviews several ways that one may become rich. However, the path offered by his Rich Dad may be the most realistic and also holds the greatest profit potential. Rich Dad's path to success is simple just build a business.
Robert Kiyosaki prefers network-marketing businesses because there exists very few barriers to entry. Some of the richest people in the world come from the business quadrant. There is a bad connotation of network marketing and it is because most people don’t understand the purpose of networking. The richest people in the world build networks. Everyone else looks for work.
Network marketing scares some people. It scares your bosses who want to continue to maintain control over you. It scares people in the investment business that hope you will never read any of Robert Kiyosaki's books and listen to their advice (while they participate in illegal investing techniques with your money). "In network marketing" Kiyosaki says, "they want you to get better. In the workplace, they don't want you to get better. It's a rat race."
The title of this book tells it all -- network marketing is not a "get rich quick" vehicle. Rather, it is a business school where the ultimate goal is personal growth. Robert Kiyosaki presents eleven "hidden values" of a network marketing business. This is the ideal tool to help you look beyond the hype, see the network marketing opportunity for what it really is, and set realistic expectations for your personal success. This book gives a solid, realistic foundation from which you can chart your course.
Robert Kiyosaki also says that network marketing is the perfect B-Business for some people but not everybody. It's all based on values. Some people are weak and need the security of a paycheck. Others, who want freedom and are willing to develop themselves, will find network marketing the Perfect B-Business for them.
Some sophisticated business people like to take cheap shots at network marketing and say it's not really a business. But how would a MBA know what a real business is when all they are is an employee---the E Quadrant. Network marketing puts you on the B-Quadrant only without investing hundreds of thousands of dollars, having to buy or rent a building, or pay employees. In real estate you use leverage in the form of other peoples money. In network marketing, you use leverage in the form of other people’s contacts, other people’s energy.
There are tax benefits to owning your own network marketing business. As an employee you are paying the absolute maximum in taxes. This is money you can be using to improve your lifestyle, invest in your network marketing company, in real estate or set aside for retirement. And of course, this is the information age. Never has it been easier to reach more people via network marketing than it is right now. (Please contact your tax consultant for specific deductions)
The future is looking very bright for network marketing. Why? There are already several economic trends in place that will drive more and more people to participate in network marketing in the very near future. For one, people are looking for alternatives to the job market. Many people are tired of the long commute, 9-5 routine and the myth of "job security." They want freedom and network marketing can give that to them.
People are tired of being pushed around by unappreciative employers. Tired of being dedicated to the company hoping for a long tenure only to be downsized. People are also tired of the schemes and scams by brokers, brokerages and mutual fund companies. The average individual does not have or does not want to risk the large capital required for a conventional business.
A dream is not a job. A job can be very tiring and not very rewarding. For some it is working in corporate America for 29 years and on the day you only have 30 days left to retire you are laid off. For others it is working at two fast food restaurants for 80 hours a week and earning minimum wage. Your story may be different but if you have a job you are not working for your dream. You are working to create the dream of your employer become a reality not yours.
Network marketing may very well be the last great opportunity to achieve the American Dream. As Robert points out in his book, networking isn't for everyone, but it is a great way to create a passive walk away income that will give you freedoms and options in other investments. That's probably the number one point he makes. You don't need to become a networking guru, but, you can create a secondary income of $1000, $3000, or even $10,000 a month and use that to live your dreams.
Yes the future does look very bright for network marketing. No doubt network marketing is the wave of the future. Networking is a brilliant idea. In network marketing the average guy without much money can keep their day jobs and start their network marketing business part time. No major capital investment and unlimited income opportunity without risk. You’re in business for yourself, but not by yourself.
You are invited to visit http://www.earthchannel.com/media/wlg/dia.asx to hear from people that never gave up on themselves and their dreams. There is no better time to be in business than right now. The company mentioned in the video has the system, compensation plan, the leadership, track record, and consumer oriented products to make your family’s dream come true marketing financial services. Additional information can be obtained by visiting Terry Bradshaw's Pick Of The Week at http://www.GeniusMarketingConcept.com and learn about the Realty Revolution at http://www.earthchannel.com/media/wlg/grmfinal.asx
Join me in the exploration of network marketing. Future articles will outline the pitfalls of network marketing. Then find out who make the ideal candidates for network marketing. And finally what are some strategies to use in network marketing.
About the author:
Fernando Rivadeneya is an affiliate of World Leadership Group. For information on leading edge technology marketing consumer oriented prodcuts visit: http://www.fernriva.com
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Money Making Idea: Create Your Own Pyramid Scheme

Author esantra Category , , , , ,


A pyramid scheme is sometimes referred to as multi-level marketing or MLM, for short. Wikipedia defines MLM as:


Multi-level marketing (MLM), also known as Network Marketing, is a business-distribution model that allows a parent company to market its products directly to consumers by means of relationship referrals and direct selling.

Independent, unsalaried salespeople of multi-level marketing, referred to as distributors (or associates, independent business owners, dealers, franchise owners, sales consultants, consultants, independent agents, etc.), represent the parent company and are awarded a commission based upon the volume of product sold through each of their independent businesses (organizations).

Independent distributors develop their organizations by either building an active customer base, who buy direct from the parent company, or by recruiting a downline of independent distributors who also build a customer base, thereby expanding the overall organization. Additionally, distributors can also earn a profit by retailing products they purchased from the parent company at wholesale price.

Distributors earn a commission based on the sales efforts of their organization, which includes their independent sale efforts as well as the leveraged sales efforts of their downline. This arrangement is similar to franchise arrangements where royalties are paid from the sales of individual franchise operations to the franchisor as well as to an area or region manager. Commissions are paid to multi-level marketing distributors according to the company’s compensation plan. There can be multiple levels of people receiving royalties from one person's sales.

http://en.wikipedia.org/wiki/Multi-level_marketing


Pyramid schemes started long before the Internet with companies like Avon, Herbalife, etc. In a pyramid scheme, membership is offered for a set price. When a new person enters the scheme, the one that refers him is paid a certain percentage of the membership fee, the one who invited the inviter is paid a certain percentage, and so on. You get the picture. The people at the top of the pyramid make a lot of money, and the people at the bottom make only a little. If you want to start your own, you can be the person at the top of the pyramid. 

Here are the business plans of an MLM ( again thanks to Wikipedia ):

  • Stairstep Breakaway plans This type of plan is characterized as having representatives who are responsible for both personal and group sales volumes. Volume is created by recruiting and by retailing product. Various discounts or rebates may be paid to group leaders and a group leader can be any representative with one or more downline recruits. Once predefined personal and/or group volumes are achieved, a representative moves up a step. This continues until the representative..."breaks away" from their upline. From that point on, the new group is no longer considered part of his...upline's group - hence they are a "breakaway". [6] Stairstep Breakaway plans are not level based.
  • Unilevel plans This type of plan is often considered the simplest of compensation plans. Uni-Level plans pay commissions primarily based on the number of levels a recipient is from the original representative who is purchasing the product. Commissions are not based on title or rank achieved. By qualifying with a minimum sales requirement, representatives earn unlimited commissions on a limited number of levels of downline recruited representatives. [6]
  • Matrix plans This type of plan is similar to a Uni-Level plan, except there is a also limited number of representatives who can be placed on the first level. Recruits beyond the maximum number of first level positions allowed are automatically placed in other downline (lower level) positions. Matrix plans often have a maximum width and depth. When all positions in a representative's downline matrix are filled (maximum width and depth is reached for all participants in a matrix), a new matrix may be started. Like Uni-Level plans, representatives in a matrix earn unlimited commissions on limited levels of volume with minimal sales quotas. [6]
  • Binary plans: A binary plan is a multilevel marketing compensation plan which allows distributors to have only two front-line distributors. If a distributor sponsors more than two distributors, the excess are placed at levels below the sponsoring distributor's front-line. This "spillover" is one of the most attractive features to new distributors since they need only sponsor two distributors to participate in the compensation plan. The primary limitation is that distributors must "balance" their two downline legs to receive commissions. Balancing legs typically requires that the number of sales from one downline leg constitute no more than a specified percentage of the distributor's total sales. [7]
  • Hybrid plans are compensation plans that are constructed using elements of more than one type of compensation plan



Have fun designing your new MLM company. You may want to sell actual products, memberships to your new website, or just provide some type of service. Websites are not that expensive. Now you can be the one at the top!

 

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