| Member You |
Hubs | Hubbers | Topics | Request |
| #1 in Business | Subscribe Email Print |
|
You are here: Home > Home Based Business > Network Marketing > Network Marketing! - 11 Do Or Die Tips For Starting A Network Marketing Business |
|
Member You - Network Marketing! - 11 Do Or Die Tips For Starting A Network Marketing Business
Perks and Drawbacks of Becoming a Freelance Copywriter less of hours of research, let me tell you what to look for in a network marketing company:Every action has a corresponding reaction, as they say. The end result may be dependent on how you acted on a particular situation. Although, there are situations where end results are uncontrollable due to some factors.The perks and drawbacks of working as a freelance copywriter will most likely depend on how you manage every situation. Some can well be managed within your reach while there will always be situations wherein you will have no control over.1. It’s all about time.Most copywriters tend to go freelance because of the issue about time. Freelancers are their own time-keepers, the best advantage they have over the ones tied inside a cubicle working eight hours a day or doing overtime even during weekends or holidays. Freelance copywriters can accept or reject work based on their availabilit 1) Solid background. The company you work for should have at LEAST 5 years of history, and it should be POSITIVE history. Look for things like a company that’s traded on the stock market, honors from reputable companies (Business Week, Forbes, etc.) 2) Great leadership. I learned this from Jim Collin’s book, Good to Great. See what the company leaders have done in the past. (i.e. Were they selling magazines from the back of their car before joining this company?) Also – Are any high profile figures endorsing the products? (With a high profile person’s reputation at stake, they will only associate with top products.) 3) Re-usable products. Whatever you’re selling and/or consuming needs to be items that are used up quickly and re-o Four Lessons the Wealthy Can Teach You Several years ago, I discovered that there are unlimited paths on which one can travel through this journey we call life. Up to that point, I had done nothing but dream of the day I would play professional soccer. My senior year on the college soccer team was cut short with a bad ankle injury, so I focused on finishing up my degree and graduating.It's a fact... people who are wealthy live in ways that make them that way. They don't believe in car loans, wasteful spending or "easy" payments. Even though most people will never have the wealth of Bill Gates or Donald Trump, that doesn't mean you can't be wealthy if you work at it. In 2004, the number of households worth $1 million (not including not including primary residences) grew 21% to 7.5 million.So what are their secrets? The answers shouldn't surprise you.Give money. People who have money give a lot of money away. Dave stresses this! If you help people who are less fortunate, it will teach you to be satisfied with what you have. When that happens, you won't think the key to happiness is a new convertible with a $600 payment attached to it. Charitable giving and "paying There I was, just having graduated college where I was receiving my computer science degree and was ready to do what you’re supposed to do, go get a 9-5 job for the next 44 years and retire at age 65. I went to work at a respectable aeronautics company as a Software Engineer. My head was always great with computers, but my heart would never listen to my head. I found a "MLM"/network marketing company shortly after beginning my soon-to-be short lived software engineering career. After paying a LOT of money ($5,000) for a LOT of product, became a "director" at this company. To make a long story short, 6 months later I had $4,900 in products sitting in my parent’s garage, and the network marketing company was involved in a lawsuit and had been completely shut down. I was supposed to get reimbursed some portion of the $5,000 I had invested (after lawyer’s fees and such were taken out), but that was about 7 years ago and I haven’t seen a dime since then. Fast forward about 4 more years down the road. I was on my 3rd software engineering position and had almost tripled my income from when I first graduated college! This was GREAT, but even then I realized that the reason I was forced to find my 3rd job was because the company at my 2nd job went through a company-wide slashing and laid-off about 2/3 of the entire company. I did NOT like the idea that one day my family would be at the mercy of bosses and VP’s at companies who are only looking out for themselves. I had to do something about this… I saved up money for several months of expenses, and started exploring many businesses that I could start on my own. I had a short stint with my best friend and one other person. There was a rather successful company they had both worked at before…and said it was going to be easy to recreate everything that their former company had done. We started out, and I quickly left after making 200-300 cold calls per day. (3 ? years later this company is doing monthly sales of $250,000-$300,000 and all of the owners are making 6 figures…OOPS!) I still talk with my best friend daily and we are always plotting our next big money maker…but I’ll talk more about that in a bit… I finally chose to start a franchise with my parent’s equity in their home. (After MANY hours of talking with them.) After investing over 6 figures into this franchise, we quickly discovered that we should’ve chosen a much more seasoned franchise. (Of course, we couldn’t have afforded the bigger franchises…) 5 years later, I’ve made around $8,000 from the company (total), and besides paying for all of the employees, taxes, product, rent, etc…we’ve got nowhere besides paying the monthly interest only loan payments to the bank. (This is after working 80-100 hours/week for the first 11 months of the business…where at that point I was forced to find other work because I had to make SOME income to pay my mortgage.) Finally, after all of these "failures", I found the PERFECT company, a network marketing company. First, after countless of hours of research, let me tell you what to look for in a network marketing company: 1) Solid background. The company you work for should have at LEAST 5 years of history, and it should be POSITIVE history. Look for things like a company that’s traded on the stock market, honors from reputable companies (Business Week, Forbes, etc.) 2) Great leadership. I learned this from Jim Collin’s book, Good to Great. See what the company leaders have done in the past. (i.e. Were they selling magazines from the back of their car before joining this company?) Also – Are any high profile figures endorsing the products? (With a high profile person’s reputation at stake, they will only associate with top products.) 3) Re-usable products. Whatever you’re selling and/or consuming needs to be items that are used up quickly and re-or At Home In Your Overseas Home ing a LOT of money ($5,000) for a LOT of product, became a "director" at this company. To make a long story short, 6 months later I had $4,900 in products sitting in my parent’s garage, and the network marketing company was involved in a lawsuit and had been completely shut down. I was supposed to get reimbursed some portion of the $5,000 I had invested (after lawyer’s fees and such were taken out), but that was about 7 years ago and I haven’t seen a dime since then.Homeownership, in any form, is a big step for most people. In fact, it's often one of the biggest financial decisions of our lives. Despite that, sometimes a homeowner in one country will want to buy a second home in another country, whether for a vacation home or future retirement. Usually they make this decision after realizing they visit the same country every chance they get, but sometimes it's because they have relatives or friends nearby too.Anyone considering buying a second home overseas will of course want to make sure they're comfortable with the cultural and language differences they're bound to encounter. If you're used to visiting the area regularly, you will no doubt already be familiar with some of these. To be sure, you may want to rent a home in that area first, maybe even for a few years in a ro Fast forward about 4 more years down the road. I was on my 3rd software engineering position and had almost tripled my income from when I first graduated college! This was GREAT, but even then I realized that the reason I was forced to find my 3rd job was because the company at my 2nd job went through a company-wide slashing and laid-off about 2/3 of the entire company. I did NOT like the idea that one day my family would be at the mercy of bosses and VP’s at companies who are only looking out for themselves. I had to do something about this… I saved up money for several months of expenses, and started exploring many businesses that I could start on my own. I had a short stint with my best friend and one other person. There was a rather successful company they had both worked at before…and said it was going to be easy to recreate everything that their former company had done. We started out, and I quickly left after making 200-300 cold calls per day. (3 ? years later this company is doing monthly sales of $250,000-$300,000 and all of the owners are making 6 figures…OOPS!) I still talk with my best friend daily and we are always plotting our next big money maker…but I’ll talk more about that in a bit… I finally chose to start a franchise with my parent’s equity in their home. (After MANY hours of talking with them.) After investing over 6 figures into this franchise, we quickly discovered that we should’ve chosen a much more seasoned franchise. (Of course, we couldn’t have afforded the bigger franchises…) 5 years later, I’ve made around $8,000 from the company (total), and besides paying for all of the employees, taxes, product, rent, etc…we’ve got nowhere besides paying the monthly interest only loan payments to the bank. (This is after working 80-100 hours/week for the first 11 months of the business…where at that point I was forced to find other work because I had to make SOME income to pay my mortgage.) Finally, after all of these "failures", I found the PERFECT company, a network marketing company. First, after countless of hours of research, let me tell you what to look for in a network marketing company: 1) Solid background. The company you work for should have at LEAST 5 years of history, and it should be POSITIVE history. Look for things like a company that’s traded on the stock market, honors from reputable companies (Business Week, Forbes, etc.) 2) Great leadership. I learned this from Jim Collin’s book, Good to Great. See what the company leaders have done in the past. (i.e. Were they selling magazines from the back of their car before joining this company?) Also – Are any high profile figures endorsing the products? (With a high profile person’s reputation at stake, they will only associate with top products.) 3) Re-usable products. Whatever you’re selling and/or consuming needs to be items that are used up quickly and re-o Go East, Young Entrepreneur, Go East! The Money Is There I did NOT like the idea that one day my family would be at the mercy of bosses and VP’s at companies who are only looking out for themselves. I had to do something about this…Though Asia and the Orient are considered to be West of North America, they long ago acquired the descriptive term, The Far East. Without going into a lot of deep research, my guess is that since England, in it’s colonial expansion centuries ago, had many ships sailing to those areas, the concept of Far East made sense. They got there by sailing around the tip of South Africa, proceeding east from there. And by sail, that must have indeed seemed a very far voyage eastward.INVESTMENTS WESTWARD, NEW SOURCE OF PROJECT FUNDINGChina is currently very big in the daily news and likely to remain so. Its huge population, rapid economic growth and burgeoning military presence all claim a lot of media attention. Much of that media is specifically investment oriented and billions I saved up money for several months of expenses, and started exploring many businesses that I could start on my own. I had a short stint with my best friend and one other person. There was a rather successful company they had both worked at before…and said it was going to be easy to recreate everything that their former company had done. We started out, and I quickly left after making 200-300 cold calls per day. (3 ? years later this company is doing monthly sales of $250,000-$300,000 and all of the owners are making 6 figures…OOPS!) I still talk with my best friend daily and we are always plotting our next big money maker…but I’ll talk more about that in a bit… I finally chose to start a franchise with my parent’s equity in their home. (After MANY hours of talking with them.) After investing over 6 figures into this franchise, we quickly discovered that we should’ve chosen a much more seasoned franchise. (Of course, we couldn’t have afforded the bigger franchises…) 5 years later, I’ve made around $8,000 from the company (total), and besides paying for all of the employees, taxes, product, rent, etc…we’ve got nowhere besides paying the monthly interest only loan payments to the bank. (This is after working 80-100 hours/week for the first 11 months of the business…where at that point I was forced to find other work because I had to make SOME income to pay my mortgage.) Finally, after all of these "failures", I found the PERFECT company, a network marketing company. First, after countless of hours of research, let me tell you what to look for in a network marketing company: 1) Solid background. The company you work for should have at LEAST 5 years of history, and it should be POSITIVE history. Look for things like a company that’s traded on the stock market, honors from reputable companies (Business Week, Forbes, etc.) 2) Great leadership. I learned this from Jim Collin’s book, Good to Great. See what the company leaders have done in the past. (i.e. Were they selling magazines from the back of their car before joining this company?) Also – Are any high profile figures endorsing the products? (With a high profile person’s reputation at stake, they will only associate with top products.) 3) Re-usable products. Whatever you’re selling and/or consuming needs to be items that are used up quickly and re-o It's Time to Drive Your Dream: Car Loans it…A long ride with someone special is always a nice occasion for you. And when the car belongs to you, pleasure will kiss your feet. But this pleasure is unattainable by those who are still thinking about their dream car. If you belong to this group, it's time to cheer up. Meet car loan. Made to satisfy all the requirements of an ideal car buyer, this loan is a simple solution to all of your needs.There are two ways to opt for a car loan, called secured and unsecured loan. As long as secured car loan is concerned, a borrower can get it by placing collateral against the loaned amount. It could be in the form of a car or any other asset belonging to him. On the other hand, unsecured loan needs no collateral or security to be placed against the amount. But the lender may ask the borrower regarding his repayment abilit I finally chose to start a franchise with my parent’s equity in their home. (After MANY hours of talking with them.) After investing over 6 figures into this franchise, we quickly discovered that we should’ve chosen a much more seasoned franchise. (Of course, we couldn’t have afforded the bigger franchises…) 5 years later, I’ve made around $8,000 from the company (total), and besides paying for all of the employees, taxes, product, rent, etc…we’ve got nowhere besides paying the monthly interest only loan payments to the bank. (This is after working 80-100 hours/week for the first 11 months of the business…where at that point I was forced to find other work because I had to make SOME income to pay my mortgage.) Finally, after all of these "failures", I found the PERFECT company, a network marketing company. First, after countless of hours of research, let me tell you what to look for in a network marketing company: 1) Solid background. The company you work for should have at LEAST 5 years of history, and it should be POSITIVE history. Look for things like a company that’s traded on the stock market, honors from reputable companies (Business Week, Forbes, etc.) 2) Great leadership. I learned this from Jim Collin’s book, Good to Great. See what the company leaders have done in the past. (i.e. Were they selling magazines from the back of their car before joining this company?) Also – Are any high profile figures endorsing the products? (With a high profile person’s reputation at stake, they will only associate with top products.) 3) Re-usable products. Whatever you’re selling and/or consuming needs to be items that are used up quickly and re-o Making Logistics Easy By Renting Crates less of hours of research, let me tell you what to look for in a network marketing company:In this modern world of logistics, technology and big business, crate rental has become an important and useful factor to provide easy packaging, handling, shipping and logistics of industries, businesses and sectors. Using crates supplies a no fuss, efficient, convenient and generally secure method of transportation for almost any thing. No longer are business and personal items being packed into undersized cardboard boxes, which usually fall apart after time. Now consumers and businesses can benefit from companies providing the useful method of transportation of items – crates.There are reputable crate rental companies to choose from, choose a company with plenty of experience; this will ensure you receive fast, efficient and reliable services. A professional crate rental company will ensure customer satisfacti 1) Solid background. The company you work for should have at LEAST 5 years of history, and it should be POSITIVE history. Look for things like a company that’s traded on the stock market, honors from reputable companies (Business Week, Forbes, etc.) 2) Great leadership. I learned this from Jim Collin’s book, Good to Great. See what the company leaders have done in the past. (i.e. Were they selling magazines from the back of their car before joining this company?) Also – Are any high profile figures endorsing the products? (With a high profile person’s reputation at stake, they will only associate with top products.) 3) Re-usable products. Whatever you’re selling and/or consuming needs to be items that are used up quickly and re-ordered regularly. (Mortgage Refinancing doesn’t work in network marketing because the average person only refinances every 5 years.) 4) In demand products. Example, the health industry is seeing tremendous growth due to all of the baby boomers. This is paired with the life expectancy raising every day. (We’ll be at life expectancy of 120-150 years in no time.) The health field is a GREAT example of a great place to investigate. 5) Solid marketing techniques. There are something like 6 or 8 main models of how a network marketing company can pay it’s associates. Make sure the model of your company is fair, doesn’t require minimums, and is truly residual. (So that if you ever stop growing your business, your income keeps coming in.) Also – How do you find your associates? (Through the internet? Friends and family?) (Read Richard Poe’s Wave 4: Network Marketing in the 21st Century) 6) Do your research. You need to take calculated risks to be successful in anything in life…but make sure you’ve done your research by checking out the BBB (better business bureau). Try to find "dirt" on the company. (Check the validity of the sources claiming the dirt.) 7) How are the products delivered? (Do you need to stock a garage full of products? Can the associates place orders directly?) 8) Great training. Make sure that you will have the proper training and support from your team. You don’t want to be a part of something where you’re totally on your own to figure it out. (This typically relates directly back to the companies compensation plan.) 9) IMPORTANT – How many hours per week do you need to put into the business? Are true passive/residual income techniques employed? (e.g. How do you find your downline? How do they get trained? How much help is your upline?) 10) Make sure you keep your current "linear" income job until your new network marketing company residual income can overtake it! 11) MOST IMPORTANT – Learn how to dream, and also learn how to set goals. (Read Napoleon Hill’s Think and Grow Rich) 90% of this business is mental. (This is true of any endeavor in life, playing professional sports, achieving great wealth, affecting mass humanity, etc.) EVERYTHING starts with an idea in one person’s head. Conceive it, believe it, achieve it. (Read Malcolm Gladwell’s The Tipping Point)
HTTP = HTML link (for blogs, profiles,phorums):
Related Articles:How to Get People Very Excited About What You're Selling! Why Video Evidence is Rejected by the Courts
|