| If running your own business is truly "The World's #1 | | | | FUN and seemingly productive things to do. But if you |
| Financial Success Strategy", then why is it that so | | | | start reading some of these company documents, |
| many people fail miserably, and only a tiny | | | | you might be amazed at what you discover. This |
| percentage actually achieve the dream of true | | | | industry is not immune to the greed and corruption |
| Financial Freedom and Independence? | | | | already well publicized in the corporate world, and |
| You may think from that question that I am not a | | | | some well known companies have some shocking |
| believer in the substantial benefits of running your | | | | "secrets" in their company "P&P's". |
| own business. Quite the contrary, I do believe that is | | | | Talented salespeople and con artists can tell you lots |
| "The World's #1 Financial Success Strategy"! I'm also | | | | of things to appeal to your emotions. But true |
| a strong believer in the network marketing business | | | | network marketing is NOT a sales business, and |
| model - the only business type I know of that takes | | | | facts are in "black and white" in the "P&P". You don't |
| full simultaneous advantage of three powerful forces | | | | have to be an attorney to read and understand |
| - Residual Income, Leverage, and Geometric Growth | | | | some of the better ones. On the other hand, if it's |
| Potential. | | | | written in such technical language or 'mumbo jumbo' |
| Few people truly understand that powerful trio. But | | | | that it's difficult for a layperson to understand, that |
| using leverage to build an ongoing stream of residual | | | | may be an early red flag. |
| income can make you a "Virtual Millionaire" much | | | | Some of the questions you're looking to answer are: |
| quicker than accumulating assets by any conventional | | | | Is it fair? Who does it protect more - the company |
| means. And helping others simply understand those | | | | or the independent distributor? Does it favor one |
| concepts can help light your favorite network | | | | over the other? Does it allow "walk-a-way income" - |
| marketing business on fire! Details are available from | | | | or are there requirements or key words in it like |
| me in a one page free report, "3 Millionaire Secrets | | | | "ongoing recruiting, training, sponsoring" etc.? Are their |
| Revealed". | | | | "loopholes" to unfairly steal your commissions |
| Not truly understanding the "business model" in the | | | | someday? You might be surprised and disgusted by |
| first place is one reason why more people don't have | | | | some of the true horror stories of successful |
| the success they dream of. Too many people jump | | | | distributors who've been unfairly robbed by unethical |
| into many "opportunities" for the false promise of | | | | or unscrupulous companies. |
| "get rich quick for doing little or nothing". | | | | Another important area that can give insights into a |
| Unfortunately this "lottery mentality" runs rampant in | | | | company's "integrity factor" is the compensation plan. |
| our society, and is understandably more exciting to | | | | While there's probably no other area with more |
| some than the proven concept of: Study - Gain | | | | confusion and misunderstanding, a little study and |
| some Knowledge - Develop some Skills - then Take | | | | research can go a long way. Comp plans drive |
| Action to achieve your dreams. | | | | BEHAVIOR in the field! That one, simple, but little |
| But if honesty and integrity are as important as I | | | | known fact, explains a lot of unsavory things that |
| know they are, those traits have to start with and | | | | happen in the industry. And it's critically important to |
| be practiced by each individual. If you're honest with | | | | understand. |
| yourself and use common sense, which of the two | | | | Does the comp plan reward you for promoting |
| "philosophy's" above are more likely to create long | | | | products - NOT just for recruiting reps? Does it pay |
| term success? | | | | on VOLUME, not just levels? Is there excessive |
| Do people win the lottery? Sure they do! But what | | | | "BREAKAGE"? Does it pay part-time people a fair |
| percentage is that? It's only a fraction of one in | | | | percentage? Does it promote the false promise of |
| many millions. But a much higher percentage of | | | | "spillover" or "get something for nothing"? If you're |
| people have "true success" in many areas of life | | | | interested, many articles have been written that go |
| every day using common sense, integrity, and | | | | into more details on these topics. And joining a |
| honesty. | | | | company without understanding compensation plans |
| So, what's the "secret" to having success with your | | | | is like taking a job with no clue how much you'll be |
| own business? Or more specifically what's the secret | | | | paid. |
| to having success in network marketing, the most | | | | As you can see there are many factors and |
| popular segment of the "home-business" industry? | | | | questions to be answered correctly if you're |
| The truth is: There is no one, simple, magic answer. | | | | HONESTLY hoping for a REALISTIC shot at the |
| But if you're willing to study and do a little research, | | | | awesome benefits and rewards of running your own |
| use a little common sense, and be honest with | | | | SUCCESSFUL business. But if you're willing to look in a |
| yourself, it's not all that difficult to come up with | | | | mirror and proclaim that honesty and integrity are |
| what separates the 'winners' from the 'losers'. | | | | important to you, it is possible to achieve your goals |
| My "Success Team" has identified five key areas we | | | | and dreams, and create a life and lifestyle most |
| call the "5 Pillars to Success". I'm happy to send | | | | people only imagine. |
| anyone with interest a free, one page summary | | | | It's naive to believe there aren't "bad apples" in every |
| report that highlights all the details. Like a chain with a | | | | bunch. By the same token it's a mistake to believe |
| weak link, ALL five areas are critically important. If | | | | you can't find a very good one, just because some |
| there's just one weak "link", it's impossible to reach | | | | are "bad". Just use honesty and integrity as your |
| the readily achievable dream of long-term residual | | | | guides. |
| income, financial freedom, or early retirement. | | | | My favorite company's motto is, "Build it ONCE, build |
| The first "Pillar" is: Company LEADERSHIP. Do they | | | | it BIG, and build it to pay your children's children." |
| have Ethics, Integrity, and Proven Experience? | | | | That can only happen with a core foundation of |
| There are many potential ways to come up with | | | | honesty and integrity running all the way to the top. |
| answers to that question. But one of the best is to | | | | If you're serious about long term or above average |
| STUDY their "Policies & Procedures". All distributors | | | | success with your own business, do a little research |
| are supposed to read this document before joining. | | | | and get educated. Then, go out and enjoy the time |
| But I'm amazed at how many I talk to on a regular | | | | of your life achieving your dreams! Nothing is |
| basis that never actually read their company's "P&P"! | | | | impossible. Our ONLY limitations are our own |
| That one document can tell you more about a | | | | ATTITUDES and BELIEFS. With an open mind, |
| company's honesty, integrity, and intentions than | | | | willingness to learn, and positive attitude and beliefs, |
| anything else I know of. | | | | you might be amazed at what goals and dreams you |
| I'll freely admit, for most of us, there are a lot more | | | | can accomplish and achieve. |