Success can be measured using different standards. I may consider myself successful because I have power, because I live a luxurious lifestyle, or because I have billion dollars in my bank account. Today's era has come to equate success with money. And although many will argue that money is not everything, no one can deny the fact that money is still something if someone wants to enjoy a satisfactory lifestyle. Success is the primary goal of most people, and the accumulation of wealth is the overriding concern of many. From the very start, we work to earn and to amass more money.
However, only a few in today's world can actually be considered as financially successful and are really enjoying a wealthy life. Who are these people? And how do they manage to reach such heights in their life? A few wealth creation books and seminars pointed out network marketing business as among the most effective means to bring about financial success. When speaking of financial success, I am referring to a person's ability to fully enjoy and support his lifestyle.
Only a few people actually have this opportunity because many are preoccupied with the goal of earning more to be able to experience financial success. The network marketing business has a lot to offer. It promotes independent and home-based business that will give everybody the chance to be his own boss instead of working several hours a day for someone else. Three of the most appealing privileges of the network marketing business are the residual income, the leverage in time and money, and the geometric growth that it offers.
A residual income is a certain amount of money that will give me back earnings without requiring me to do any work at all. Once the money is invested, it will work on its own to bring me profits. In network marketing, once the chain is started and more people get involved, the money keeps on rolling and coming back.
This business also provides leverage since it continuous to produce results without eating much of my time and money. When I am able to attract people who will then be working for me, profit will continue to come in even when I am not doing anything. The people working for me will be the one to bring in money. And because the network marketing business is a system, it creates a chain reaction among those who get involved.
This promotes geometric growth, attracting more people and attracting more profit. While I get more benefits, the people working for me are also given the chance to attract others who will bring money to them and to me as well. This is the power of duplication and geometric growth.
A very appealing opportunity like this may sound impossible, but network marketing is actually far different from the scandalous pyramid scheme. The pyramid scheme takes advantage of the efforts of the people working from the lower area of the pyramid. These people do much of the work while those at the top receive much of the profit. In other words, pyramid scheme earns purely by recruiting people and usually there is no products or products that give no real benefits.
Network marketing is far from this. This business brings in profit according to the effort exerted by the person involved. Once I start in the business, I will have to work hard to sell the product. I need to meet my own sale quota to get commissions. If I bring in more people, I do not benefit anything by purely recruiting them.
I need to work with them so that they can achieve their sales quota and earn their commissions. If they meet their sales quota and I met my sales quota, then I can get commission from their sales as well. If I do not met my sales quota, then I will get nothing from their sales. Now that network marketing is made clear, it will be interesting to discuss some useful ways to identify the right network marketing business to embark on.
The most important considerations are the legitimacy, the stability, and the growth potential of the business. Picking the right company is the first step. The primary considerations are the stability, financial background, and the product or service that the company offers. The establishment must have enough credibility to back it up so that I will be sure that I won't end up broke.
The service or product that it offers must also have a lasting and universal appeal among people to ensure that they will be in great demand for a long period of time. A good company will also offer the possibility to earn profit fast and will give me enough amount of time to pursue my present job or my current lifestyle. Lastly, the best network marketing business that I can possibly embark on is something that I can fully enjoy.
This is one of the greatest secrets to a successful business, having fun while doing it. There are many people who offer practical tips and insights that will be of great help to those who are serious in embarking into a network marketing business. There are gurus and specialists who can teach you to get started with the path that you have always dreamed of. All you need to do is to find the right person and the right way to get started. * DISCLAIMER * The author only provides the material and information as a layperson's views about an important subject.
The materials and information are from sources believed to be reliable and from his own personal experience, but he neither implies nor intends any guarantee of accuracy. All the materials, information and procedure in this book are only the author's personal opinion. You must consult your own professional advisor and other reputable sources on any matter that concerns you or others. The author, publishers and distributors are not competent and do not profess to give legal, accounting, medical or any other type of professional advice.
The reader must always seek those services from competent professionals who can review your own particular circumstances. The author, publisher and distributors particularly disclaim any liability, loss, or risk taken by individuals who directly or indirectly act on the information contained herein. All readers must accept full responsibility for their use of this material.
Max Ng helps people who desire success to learn from his mistakes and realizations by sharing his personal struggle for success at http://www.richdadsecrets4me.com. He is the author of "Your Greatest Gift! Why Waste It?" at http://www.yourgreatestgift.com