now browsing by category
3 top reasons why you should start creating a residual income now and why it is more achievable than you think.
Let’s start by defining residual income as most people don’t really understand what it is and why it is so crucial to have one.
Residual Income is a type of income where your earnings come to your bank account regularly independent of your own effort after you built a system or a business.
It is very different from an active income where you are exchanging your time for money.
If you understand what is a residual Bill, is That Bill That came every month without you making nothing.
Residual Income is the same, but in this case, put money in Your acount instead of taking it out.
Here are 3 Top Reasons why you should build one now whether you are an employee, self-employed or a small business owner.
1. Unfortunate circumstances. We never know if you get sick or get fired from a job anytime.
Once this happens, your income will automatically stop as you are just basically exchanging your time & effort for money.
Maybe you can have an income from the Government but, it’s always temporary and I’m sure you agree that is not a good long time option.
2. Having a residual income is like having a duplicate of you.
Imagine another you working and adding more income to your household.
Would that be nice to have extra €300, €500 or even £€1,000 a month on top of your current income.
That could pay your bills, car loan, mortgage or a holiday.
3. Working smart rather than just working hard.
Most people are stuck in a hamster wheel.
No matter how hard they work they still end up short and some worked hard for years and still end up broke.
Obviously spending less than you earn is the best solution but when you also build a residual income it will not only provide you a comfortable life but also long term financial security.
Even if people are convinced with these reasons, one of the challenges that is stopping people to take action is the lack of time.
Most think that they are already so busy with work and no chance they can do this.
But the reality is that hundreds and thousands of successful people proved this is wrong.
In fact, today you can start building 3-5 hours a week with support from successful people with a very low start-up cost while still working on a full time job.
It’s really a matter of opening your mind for opportunities around, learn and take action you you can improve and take charge of your economic future.
Thanks and feel free to share if you find this information valuable. 🙂
The Most Powerful Question In Network Marketing
This is one of the most powerfull questions in Network Marketing to use to build a good and solid business.
In the last years, this question as let thousands of distribuitors to more success, more benefits and more results than any other question. The foundation of it is this:
If i…., would you….?
If i did “this thing” would you do “that thing”?
and you can use it in every aspect of your Network Marketing business. Make sure this became a part of your daily language and of your distribuitors to. It’s so powerfull because its reciprical. You offering to do something first and then you are asking for someone to respond in kind. Try it and you will see the difference.
Using The Most Powerful Question In Network Marketing when talking about your product/service
If i give you a sample of this product, would you try it and share with me your opinion? or
If i share with you “this product” that can give you “this benefits”, would you try it out?
If i give you this link that explain “this product” in detail, would you look at it?
If i gave you this DVD that explains “this product” better than i could, would you watch it?
Using The Most Powerful Question In Network Marketing when talking about your opportunity
If i give you this information, would you look at it in a serious way ?
If i have the solution for “this” problem in your life, would you take a serious look at it?
If i give you this link that explain “this opportunity” in detail, would you look at it?
If i show you a way to create a better life-style, more cashflow in your life, would you look at it?
If i invite you for a special invitation only event, would you join me?
If i give a link to assist this week to a special webinar, would you watch?
Using The Most Powerful Question In Network Marketing to your organization
If i invited you to our company convention, would you came with me?
If i help you making a local event, would you help me trying to find a place to have it?
This is just a few examples but works in every aspect of your business.
Hope you enjoy it
I Sign Up a New Distribuitor On My MLM Business: – What To Do Next?
Day 1) PARTNER TOGETHER WITH NEW DISTRIBUITOR
Enrollment appointment: Help New Distribuitor choosing his start package. Then you should do a backoffice walkthrough together. Teach him where to find training and how to place an order. Give him at least one product for him to start taking it before his order arrive. If products are related to health you should take him a picture for him to see the differences after some days/weeks and to build belief with their prospects later on!
Set a new appointment to next day to help him make his list of prospects, appointments and goal setting.
Day 2) Making The New Distribuitor Contact List and his Goal Setting
Ask your New Distribuitor why he joined this MLM business and then help him setting his own goals. What he want to earn in 30 days, 90 days and one year minimum. Help him make a list of 100 people minimum. Ask him informations about his prospects and set a date for his MLM Business Launching and make 10 invitation calls with him to the hottest prospect.
Teach him on how to invite people. Be present or make 3 way calls on his firsts exposures to the business.
Day 3) His Order has arrived!
Everything is ready for the official launching of his New MLM Business. This is a simple way to get their business and products in front of a lot of people at once! He can invite the best prospects on his list to come to the grand opening. Teach him to send out invitations and teach him in how to make the follow up a day or two before the event with a text reminding. Teach him to encourage guests to bring a friend.
If they are local, I will do the event! If they are long distance, i’ll do the presentation via skype or in a webinar room.! If i cant be present physically i teach him how to put computer in the TV with good sound for everybody can hear me. I tell him to give samples of the products for his guests and i do all the rest of the work online. For the people interested in business i set up a 3 way call one or two days after.
Day 4) Make Sure New Distribuitor Keep Invitting
This is what keeps MLM Business growing but some people don’t wanna do it because they are afraid of rejection. I make sure he is reaching out twoo new people every day at least ! I make sure he set up calls, coffees or events with me! I will stay in touch regularly in the first month to ask him about his progress and help him close prospects and making new business exposures events.
Day 5) KEEP THEM PLUGGED INTO SYSTEMS:
I try to keep him plugged into calls. I set up calls 2 times in a week for all team.
I try to keep him plugged into meetings. I set up local meetings monthly minimum and quarterly recognition events!
MLM BUSINESS IT’S ALL ABOUT TEAM WORK! LEAD BY EXAMPLE! MLM SUCCESS STARTS WITH YOU!
It’s important that you decide today what kind of leader you want to be, and what kind of culture you create for your team. As your team grows, so will your leadership. Whatever you do will duplicate. Create a environment of help and friendship. Give them love and knowledged and they will follow you forever.
Frequently asked questions about MLM versus pyramiding companies
What is pyramiding and what’s the difference between legitimate multilevel marketing (MLM) and pyramiding?
Network marketing, or MLM, is a legitimate mode of business wherein products are sold via person-to-person selling instead of the traditional way of selling from a fixed retail location. The objective is to sell products to the end-consumers.
The difference between MLM and direct selling is in the commission system, wherein participants in MLM generally benefit from the sales made by people under their line of sponsorship even if they are several levels deep (e.g., an independent distributor in an MLM earns commissions not only on his/her personal product sales, and not only on the sales of a person personally recruited by him/her, but also on the sales of persons recruited by his/her personal recruits).
Pyramiding is generally characterized by people earning primarily from the act of recruiting other people who pay significant registration fees to join the pyramid scheme.
The people who sign up and make the investment in the form of registration fees then try to recoup their investment by recruiting other people into the scheme by enticing them to make similar investments.
Even if the registration fees include products, the total amount of payment is deemed a registration fee or investment as people pay the sum to join the plan rather than to sell the products to ultimate consumers.
Pyramiding is illegal because it is a money game. Profits are derived primarily from participants’ entry fees, and the income is dependent on the participants slot or position within the organization rather than the ability to sell the products or services.
If you are trying to start a MLM bussiness you should look for the official list of DSA member companies, If your future company is there, your safe. See at www.dsa.org
Pyramiding is a hot topic . Why is that?
Why is Pyramiding a hot topic because it affects, and has affected, many people regardless of social or financial stature with its promise of easy and immediate financial gain.
In the past and still in present, pyramiding attract a lot of news when the pyramid scheme fails and people lose their money which, in many instances, are lifetime savings. Yet pyramids continue to happen. It brings a lot of pain and sorrow to the victims.
One way to see if a business is legitimate, fair and sustainable is by being a member of DSA with strict business standards, and a partner of the campaign against pyramiding.
In addition, the illegal pyramid schemes impact legitimate direct selling and multi-level marketing businesses, which offer earning opportunities to uplift the lives of individuals. Propagators of pyramid schemes tend to liken themselves to legitimate businesses, when they are really very different and can be distinguished through the 8-Point Test of DSA.
Amway was “accused” of pyramiding in the United States in 1975. In 1979, Amway won a landmark case against the United States Federal Trade Commission that legitimized MLM, This victory set a new standards that defined legitimate MLM companies
Amway country manager Leni Olmedo: After 4 years of legal proceedings, the US Federal Trade Commission ruled in 1979 that Amway was not an illegal pyramid scheme on account of the fact that the Amway sales and marketing plan is based on retail sales to consumers, and that the following salient features of the Amway plan and rules of conduct provided adequate protection to consumers:
There is no “headhunting” fee. Bonuses are based on product sales, and distributors must satisfy customers to make the Amway plan work.
The “70-percent rule” requires distributors to sell at least 70 percent of the total amount of products bought at any given month as a precondition to receiving performance bonus, thus preventing inventory loading.
The “10-customer rule” requires distributors make at least one sale to each of 10 different customers that month to make him eligible to receive bonuses and commissions on sales made by other distributors in their personal sales organization, thus encouraging retail sales to consumers.
A “buy-back policy” is offered for unsold inventory.
That decision has become known as the “Amway Safeguards Rule” which is currently one of the most significant sets of legal standards by which courts and regulatory agencies determine the legitimacy of an MLM/network marketing/direct sales company.
The FTC investigations gave Amway and the industry renewed credibility in the long run. Decades after the landmark decision, the above criteria, known as the Amway safeguards test, continues to be used as a model or “gold standard” in differentiating legitimate MLM companies versus illegal pyramids.
What kind of reward schemes are considered “red flags” for potential pyramiding companies?
Symmetry general manager Beth Anana: Joining a company and encouraging new members to have multiple heads or multiple distributorships; the financial rewards being offered based on recruiting others who are similarly offered rewards to recruit others; basing the rewards on recruiting scales and being able to earn on infinite levels without even considering market demands are considered “red flags” for potential pyramiding companies.
Why should one avoid joining a pyramiding company?
Because Pyramiding is illegal. It is a scam and a practice of tricking people to register, pay and invest money with a promise of high commissions and earnings, usually, but not always, without any product being sold.
There is no business basis for earnings and commissions to be paid. Direct selling is all about providing opportunities to earn by selling quality, fair market value products to consumers on a sustainable basis. Selling a product is the business basis of providing individuals commissions, wherein the company shares the profit from the product sold to the individual who worked and sold it to the consumer.
Fair market value and quality of the products sold guarantee sustainable earnings and income which is the intent of direct selling.
What benefits will one get by joining a DSA accredited company?
One can also enjoy the benefit of having a concrete means of correcting negative practices in the field by distributors of other DSA companies, acting on their own, all in the spirit of dialogue and reconciliation and guided by a strict code of ethics.
Another is to learn from the best practices and successful projects of other DSA companies willing to share in the regular forums of the association. DSA provides a good counterpoint against the illegitimate pyramiding companies which are creating a bad image to the industry.
Finally, it helps boost the government’s campaign for inclusive growth, lifting more people from poverty by creating an army of entrepreneurs to help themselves and the national economy.
How can one be sure they are not joining a pyramiding company?
Pyramiding companies survive by disguising themselves as legitimate direct selling or MLM companies with hopes of taking advantage of unsuspecting consumers.
People should be mindful of the companies they join so they won’t be easily victimized. In order to help, DSA came up with the 8-point Test—a series of questions that can differentiate a legitimate direct selling company from a pyramiding one:
Is there a product?
Are commissions paid on sale of products and not on registration/entry fees?
Is the intent to sell a product not a position?
Is there no direct correlation between the number of recruits and compensation?
If recruitment were to be stopped today, would the participants still make money?
Is there a reasonable product return policy?
Do products have fair market value?
Is there a compelling reason to buy?
If the answer to all the questions is YES, then the company being evaluated is a legitimate company. But if the answer to even just one question is NO, then there is a high probability that it is a pyramid scam.
If a company has legitimate products and encourages retailing, are they automatically legitimate MLM? Why or why not?
Retailing to consumers of legitimate and safe products, whose claims have been substantiated and that are registered with and approved by the authorities for selling in the country, is an essential characteristic of a legitimate MLM company.
A legitimate MLM company has products priced at fair market value, wherein customers routinely buy the products without joining the company as a distributor; normally has reasonable refund policy for retail customers; and any unsold products can be bought back by the MLM/direct selling companies whether or not a distributor decides to quit the business; and compensation is tied to the sales of products and not based on the number of recruits signing up.
What are remedies if one discovers that the company he or she joined is actually a pyramiding company?
DSA is the first line of defense to help determine pyramiding. For any assistance, you may contact www.DSA.org
Network Marketing– The Best Business in the World
You’re TIRED of negative bosses, alarm clock stress, leaving your kids in someone else’s care, rising costs, a bleak retirement, heavy student loans, the fear of losing your job, the impossibility of starting your own business … IS there an answer? YES!!
Network marketing lets you develop extra cashflow or a new career at very low startup cost, low overhead, low risk, from home, at your own pace, with unlimited income! Get paid what you’re worth!
What is network marketing, or multi-level marketing?
In this video, Professor David Frost of Bethany College, the first institution to teach network marketing, tells us why he believes this business has the lowest risk and the best reward, of any business model, for those seeking financial freedom. ~ This video was made simply for Bethany College students and staff to understand network marketing.
Robert Kiyosaki, Rich Dad, Poor Dad multi-millionarie investor, agrees in his 27 minute video, “The Business of the 21st Century”: https://www.youtube.com/watch?v=chSDrpd94QA
Here is a great little intro book that takes just minutes to read: “Making My First Ten Million”, by Brian Carruthers, on Amazon or http://www.makingmyfirsttenmillion.com/
If you want to learn more about network marketing, contact me. I also highly recommend you read the first 4 chapters of “The 45 Second Presentation” on Amazon It tells you what network marketing is.
If you’ve heard negative things about MLM, you may love http://www.brilliantcompensationonline.com/ This 28 minute professional video satisfies everyone’s need to validate this profession.
How do you choose a good network marketing company? Click Here to know mine 🙂
MLM is perfect in this economy
And you may like to learn more about network marketing see Eric Worre’s best-selling book on skills for network marketers: Go Pro: 7 Steps to Becoming a Network Marketing Professional.
“This is what I have been searching for! WOW!” ~ Bobby Moeng.
IT ‘S TIME TO GET YOUR FREEDOM BACK!
Network marketing lets you develop extra cashflow or a new career at very low startup cost, low overhead, low risk, from home, at your own pace, with unlimited income!
How Works MLM?
MLM products run the gamut of product lines, as any product can be distributed and sold using the MLM business model.
MLM distributors earn money in two ways: by re-selling the products they have bought at wholesale at retail prices, and by recruiting other individuals to become distributors for the MLM company, from which they earn money on a percentage of their sales.
MLM products run the gamut of product lines, as any product can be distributed and sold using the MLM business model. MLM distributors earn money in two ways: by re-selling the products they have bought at wholesale at retail prices, and by recruiting other individuals to become distributors for the MLM company, from which they earn money on a percentage of their sales.
Both have hailed MLM business opportunities as the best way for anyone to achieve financial success, and they expect MLM to continue to expand and become increasingly successful over the coming years.
Acquiring a basic concept on the fundamentals of MLM and the business structure is the first step in pursuing this lucrative and unique business venture. Some MLM home based business opportunities are better suited for people with certain skills.
Some MLM home based business opportunities are better suited for people with certain skills. In addition to terrific products and an excellent pay structure, many MLM companies provide their distributors with proven marketing and sales systems that greatly shorten the learning curve and can get them on the fast track to success.
With today’s modern age of the internet, MLM distributors are no longer dependent upon hosting home parties and similar activities to sell their products and recruit new distributors.
Understanding a MLM Business Opportunity
Multi-level marketing, commonly referred to as MLM, is a distribution pattern that consists of independent salespeople who represent a parent company that are paid commissions based upon the volume of product sales that they create. Thanks to illegal pyramid and Ponzi schemes, many people have developed a false belief that MLM companies are similar to these schemes.
Is MLM Right for You?
There are a myriad of advertisements stating that their MLM business opportunity can put money in your pocket fast. While the internet makes profiting from an MLM home business much simpler and streamlined, becoming successful will still take some time and effort.
Enter the Team
Thankfully, My company provides you with a stellar product line, valuable training, a proven marketing system, and an excellent company culture that can help pave the way for your success. This company may be just what you’ve been looking for if you are interested in pursuing your dreams of financial freedom with the best MLM business.
Acquiring a basic concept on the fundamentals of MLM and the business structure is the first step in pursuing this lucrative and unique business venture. Next, it is important to find a legitimate MLM company that you can be proud to promote and invest your time in.
NOTE– WE SHOULD HAVE SOME SORT OF EXAMPLE OF PAYMENT STRUCTURE
Mary Kay, Amway, Herbalife or Avon are just a few of the highly respected MLM companies that have thrived over the years. Both have hailed MLM business opportunities as the best way for anyone to achieve financial success, and they expect MLM to continue to expand and become increasingly successful over the coming years.
Lidership – The 7 things Exceptional Leaders Do
# 1. Excellent Leaders Focus on The Vital
Too many amongst us fill our lives with more complexity– losing out on the vital reality that brilliant resides in the arena of simpleness.
Choose that one thing you can be BIW (Finest in World) at then have the discipline to tell us no to everything else. Picasso didn’t practice the piano. And Beckham didn’t study accounting.
Seriously– for the next 90 days, clear the decks and focus on that one project or chance that will be the game changer.
And do the exact same for your individual life. Simplify. End up being pristinely concentrated on simply the couple of, essential, things.
# 2. Outstanding Leaders are Masters of Their Crafts
Oh– exactly what an outstanding chance. Most companies and a lot of business people run at average.
Walk into their dining establishment and nobody smiles, the room’s a mess, the food is average, the information are undone and there’s zero aspect of utter surprise.
Underwhelming enthusiasm. Broke technology. Just a bunch of companies copying everybody else and playing not to lose versus intending to win.
This leaves a beautiful opportunity for you and your business to stand for Proficiency. To leave us– as your customers– with tears in our eyes by the exceptionalism that you model.
Please bear in mind: a job’s only a job when seen as a task. See your task as your craft. And your chance to leave your mark on the world.
# 3. Exceptional Leaders Cherish Time
Ordinary people view time. Exceptional people take advantage of time … to develop impressive results, monetary fortunes and international impact.
When I consider the celebrity CEOS, famed billionaires and superstar business owners I have actually served as the private consultant to, I think about people who don’t waste time gossiping about people, who would never think of waiting in line for an hour to obtain into a dining establishment and who have a ferocious regard for the value of every passing moment.
These outstanding leaders decide with speed, hand over everything but exactly what they do best and have gigantic execution knowledge.
Please bear in mind … time is such a special possession. Use it to fuel your dreams, realize your suitables and elevate society for the generations who follow.
# 4. Exceptional Leaders Forge Human Links
The larger the dream, the more vital the group.
Swift and exceptional companies understand that a fantastic vision without an effective team is a misconception.
Make the time to improved your colleagues. Buy growing a high-performance team. And dedicate yourself to building a culture within your organization where individuals can bring their finest selves into the workplace every morning.
# 5. Outstanding Leaders Have Optimization Mindsets
It was loadeded with over 300 bugs when Microsoft launched their first variation of MS-DOS. They just kept iterating it up until the product improved and better.
When Cirque du Soleil initially launched, the huge camping tent collapsed at an interview. They simply kept making things much better. Regularly. Daily.
Here’s my point: what makes a wonderful business, career or personal life isn’t some terrific win. Nope. When done daily with focus and resolve cause world-class gradually, exactly what makes outright success are those small stable supertiny wins.
Make optimization, technology and version your fixation. Over the long term, you’ll show up at a location where your firm is the dominant player in your market. And where your peers revere you as a legend.
# 6. Exceptional Leaders Do not Surrender
The # 1 factor that figures out success isn’t really knowledge or imagination. It’s “grit”– that capability to stay with your goal longer than the world thinks is reasonable to stay with your objective.
It’s spectacular– and sad– exactly how rapidly normal entertainers quit on a goal on the first indicator of failure.
Excellent leaders are various. They get knocked down or made fun of or disappointed. And they stay in the game. And so, in the end, they win.
# 7. Exceptional Leaders Have Outstanding Habits
Research anybody who is at the top of her game. And think what you’ll see? An individual who has installed noticeably strong routines of success.
These typically consist of:.
— a very early morning exercise.
— a meticulous day-to-day strategy.
— an hour a day for finding out.
— attending a conference every 90 days.
— eat smaller amounts of food.
— a weekly duration of renewal and reflection.
— arranged household dates and suppers.
— nature strolls.
— connecting with favorable, A-performers.
— little or no TV.
Make Leadership your way of being. You know management has less to do with a title and even more to do with your state of mind, performance and devotion to making a difference.
Checkout the information of my new train the fitness instructor program here if you want to turn your colleagues into Leaders Without Titles who create world-class outcomes.
Have a fabolous day
I Have To Go To Vegas,
One of the greatest things in Network Marketing is to travel.
I Love it! But when i started MLM in 1997 it was something that i didn’t like.
Why i didn’t like it? I think it was because the only trip that i have made before was from Portugal to Spain to buy candys. It was with my parents and my brother and my sister. We where young kids and it was so stressfull.
Why Is So Important To Go To Vegas?
Las Vegas is one of the most important places in earth when we talk about International MLM Events. And my company is going to make a training there. One of the most value things of this events is that you learn with the top liders of your company and it’s an oportunity to make new friends. Even if they dont have translation in your language you should go.
Theres something there that you will never undestand unless you go. It’s a show and all of what’s going to hapen there will be so important to yours business, for your personal grow.
Imagine your perfered artist. When you see it on TV or listen to his music, what you feel? And what’s the diference when you go to a live concert? It’s not the same, right?! The emotions are completely higher in the live show and it’s proven fact that emotions are what make people change their on lifes.
Thats why you should go to your company events, especialy the big ones.
I believe that was the events that i went that make the most important changes in my mind. And sucess it a question of mindset.
And remenber this:
Not every one that go to International Events becames wealthy but, everybody who is wealthy in Network Marketing go to this events!
Choose wisely, my friend!