Many people imagine that, in order to create a successful business, they just have to find a mind blowing idea, or to have enough money to start something big and profitably. It's more than that.
September 06, 2008
Can You Guarantee The Success Of My Business?
Many people imagine that, in order to create a successful business, they just have to find a mind blowing idea, or to have enough money to start something big and profitably. It's more than that.
Anti-MLMers Critic The MLMs - part1
Anti-MLMers Critic The MLMs - part2
September 03, 2008
The Cashflow Quadrant
S stands for Self-employed, Small business or Specials - like a doctor or lawyer
B stands for Big Business - 500 employees or more
I stands for Investor.
The distinction is that each are 4 types of different people, with different core values and with 4 different tax laws.
E - Employee - you can always say who they are by their core values (even if the employee is the janitor, or the president of the company) - they will always say the same words: "I'm looking for a safe, secure job, with benefits". That's what makes them Employees, because their core value is security.
S - Small business owner, Self-employed - their core values will make them all use the same words: "If you want something done right, do it by yourself!". S means an also Solo.
B - Big Business or like Bill Gates - 500 employees or more - their words are different: "I'm looking for a good system, a good network and the smartest people I know to help run my business". Their unlike the S, they don't want to run the company by themselves, they want smart people to run their company for them.
I - Investor - these are people who have money to work hard for them. They will always say: "I have to find a good job for my money!"
In the Left side of the Quadrant, we have the Employees and the Self-employed. Most of people are in the left side. Sometimes people really love their job, but the world is full of fearful people doing a job that they hate and the only reason is to have a check to pay their obligations and life expenses (the rat race). It is the typical path for poor people and mid-class people. In this part of the Quadrant, these people work for security, they work for money also.
In the Right side we have the Business owners and the Investors. The real rich people are in this side. If you want to get rich and have the financial freedom that you dream of, you need to focus yourself on leaving the left side and go to the right side. It is not easy but if you are persevering and intelligent, then you can reach your goals. In most of the cases it requires you to change your mind about the money topics. Education is the clue. Their key value of they want is that they want FREEDOM. They don't want to have to work at a job anymore, they don't want to have to work for the rest of their lives.
So, the beauty of building a business and learning how to invest is very simple: this is passive income, you work hard for a few years, but possibly for the rest of your life the income keeps flowing to you.
One of the main reasons we consider a direct selling business (MLM, Network Marketing) a perfect business it's very simply because the company will work with you to get the business skills that make you rich. Always remember that is not money that makes you rich, it's business skills. And that's why it's a perfect business. They'll take as much as you like to get the skills, to make the money. That's a lifetime skill thing.
The other part about it is: The Low Start Up Cost. Where else can you get in for less than $500 USD and get these skills?
For people who want to make the shift over to the B Quadrant, which is what we recommend, one of the beauties of a network marketing company is that you can do that for a very low price. That's why we talk to people about considering the network marketing. If you'd like to build a Microsoft, it would take hundreds of millions of dollars, but a network marketing company allows you to start at a very low rate, they'll be patient with you, they'll take the time to transition in the B quadrant. And the reason why that time is so important to most people is because it take times to change their values. And the most important thing is once you take the time - let's say it takes 1 year, 2 years, 5 years, whatever the time that takes - once you've seen the values or the core values of B and I, you're unstoppable. Today, we would never go back and get a job. Why should we? We'd rather stay on the right side - build networks and companies, pay less taxes, and make more money.
The number 1 asset a person can build is build a business. That's the smartest thing you can do.
The transition from the left side of the quadrant, to the right side is not a get rich quick formula, you can't just do it over night, it takes time. When we first made that transition, in 2007, when we fully quit our job and we had to depend upon our network marketing business, that we were building, to support us. So we understand the fear. The beauty, the most important thing to remember is this - there are 2 kinds of people in the world: the types that will say: "You'll never make it!" - and we've heard lots of friends and family members saying that, "You're stupid, don't do it!" - and the second type are the people that would say: "You can do it! Go for it! Don't worry about it, we'll cover you!" - so the most important thing is support of friends and family. One of the beauties of direct selling companies is that they provide that personal support to you, for as long as it takes for you to take that journey from the left side of the quadrant to the right side.
We all know the world has changed, but, sometimes, the hardest thing to change is ourselves. That's one of the things that a direct selling business offers people - why it's the perfect business. They allow you to take your time to make the mental, emotional and physical changes required to move from the left side to the right side.
So, please remember, changes always create upset, but, sometimes, we all know we have to make those changes. And if you know, it's time for you to make that change!
From Employees to Business Owners
When Claudia and I started our life together, I was working for the largest Internet Service Provider in Romania, as an IT network engineer, and she was in her final year as a student. I was an Employee, while she was still learning on how to become an Employee.
Like "normal" people, we had "normal" talks about life, nature, sports, partying and all the stuff that we liked doing. We also talked about our plans for the future, about what we want to be in life. I was 26 and she was 23. But, still, Claudia knew that she did not want to work for an employer and I knew I wanted to change my life and make more money. The problem was: we had no idea on how to do that. Nobody never taught us how money works and how you can make more money, other than being an employee.
Suddenly, in January 2007, one of my friends and neighbors called me and asked: "- Do you want to make more money?". The answer was obvious and so, our Network Marketing adventure begun. 3 Days later we were present on the first presentation of a network marketing company, that we ever saw. It made our head spin, our imaginations started running free in our minds. They said: "It's time to clear the dust from your dreams and let them come out!!" We have, then, realized that we had more dreams than we knew of. Days later we joined the company and started learning about the industry. It was a fantastic breakthrough for us, because we loved the idea of helping others see and fell what we saw and felt when we saw that presentation. The first people, we were thinking of showing this fantastic opportunity, were our families and our closest friends. We had our first sponsored representative and it was the moment when we started to realize and feel the incredible income possibility from this industry.
9 months later, we were active in another network marketing company - it was our second time when we joined a network marketing company without checking if the company, or the products were right for us. This was our big mistake, number 2 - we didn't knew if this company really is for us, but we saw the opportunity and knew that we'll make money with it.
Anyway, somebody recommended us to read Robert Kiyosaki's "Rich Dad, Poor Dad". He instantly become our role model. After we've read "Rich Dad, Poor Dad", we realized our lives are changed forever. We understood that what we have learned, until that moment, was not setting us free, but it imprisoned us. It imprisoned us to work for an employer, to work for the Government, to work for the banks. We were captive in JOBs - and Robert Kiyosaki gave a very interesting translation for JOB - Just Over Broke - and that was exactly where we were. The mission of Robert Kiyosaki is to elevate the financial well-being of humanity. According to him, the best way to get rich is to start your own business. We started thinking of business opportunities, but still we could not see that the best business opportunity was joining a network marketing company. And we were members of such a company.
In "The Business School", Robert Kiyosaki said that "the richest people build networks" and that building a business in this industry is a low cost - high income opportunity.
Another very important lesson of Robert Kiyosaki is about the Cashflow Quadrant, a diagram drawn by his rich dad to teach him, when he was 9 years old, about the 4 types of people and the 4 types of income. We'll soon expand this topic.
I'm saying that this is a very important lesson because it allows us to call ourselves business owners, even if we don't own a conventional business, but a network marketing business.
After reading some of the books from the Rich Dad collection and started playing Cashflow, a game which we recommend to you all, we begun understanding more about life, from the financial point of view, and also about investments: real estates and stock market.
One day, when we were present on a convention of the network marketing company that we worked with, one of the members showed us a new concept called Forex Market and a company called FreedomRocks. For the 4th time, we joined another network marketing company and, this time, we decided to make everything to achieve our goals and become financially free.
This time we have studied the company, the products, the market niche, the compensation plan, the costs involved and the potential return of investment and we have joined it. We consider it to be the first company that is for the AVERAGE person and all of its members are working to create wealth for them and their families.
We'll soon add a post about The Cashflow Quadrant and we'll explain why we consider ourselves Business owners and Investors (B and I Quadrant), just because we are members of this great company called FreedomRocks.
September 02, 2008
Network Marketing — Which One is Right for You?
One of the biggest reasons for failure in the network marketing industry isn’t in fact the industry itself. One of the biggest reasons for failure in the industry is due to distributors selecting the wrong company. Selecting the right company is absolutely essential to the success of a distributor. Choose the right company and you could be earning a dream income and living a dream lifestyle. Choose the wrong company and you could be just another causality in the industry.
So how do you select the right company? There are five areas that you should look for when selecting a network marketing company to join.
- The stability of the company – You want to find a company that is stable and structured to stay in business. Look for a company with a strong management team with experience. If the company is publicly traded, look at their financial statements and make sure they have plenty of cash on hand. You want to make sure you don’t wake up one morning and find out you won’t be paid commission for the sales you made. Generally speaking the longer the company has been around, the better. However, you also want to balance this with the second area.
- The Market – If a brand new network marketing company was started selling vinyl records, you probably wouldn’t research that company any further. Why? The product is a product that is behind the trend. You want to get involved with a company that offers a product ahead of the trend. This means the product has a long way to go before it reaches market saturation. A lot of people assume that getting involved with a start-up company is the best move because of the ability to launch the company. That’s actually not what you want. What you want to do is look for a ground floor INDUSTRY not necessarily a ground floor company. Even if the company has been around for 50 years, if they are still in a ground floor industry you can start from the bottom and work your way straight to the top of the compensation plan past many of the leaders who are in the company right now.
- The Product(s) – Your passion and enthusiasm is vital in order to successful in network marketing. People don’t buy products and they don’t buy compensation plans. They buy your level of enthusiasm and excitement. However, in order to generate a high level of passion and enthusiasm, you must represent a product that you can feel passionate about and get behind. For example, if you are passionate about the world’s environment, you probably don’t want to get involved in a company that offers a product that saves money on gas because you won’t have the passion necessary to promote the product effectively.
- The Compensation Plan – You can have all the right traits in a company. However if the compensation plan doesn’t pay enough to motivate you to take action, you simply won’t be able to be successful in the company. The compensation plan needs to be structured in a way where the new distributor can make enough money to stay excited about the opportunity. At the same time, the compensation plan needs to be structured so that the top leaders can earn a strong income that is worth spending time building the business. For more information on how to evaluate a compensation plan, you can check out the following article.
- The System – The main reason why you get involved in a network marketing company is to leverage the marketing system that the company offers. The system needs to be simple enough that anyone can do and it can duplicate throughout the organization several levels deep. The company needs to have an infrastructure in place to support you building a huge organization. Otherwise if there is no system in place, none of these other traits will matter.


