Top five questions about network marketing

Pyramid is illegal

1. Isn't this a pyramid?

Pyramids are illegal in all 50 states, and
the business I'm involved in is a legal
network marketing business. The primary
difference, according to the Attorney
General (this information is available on
most State Attorney General websites), is
if this were a pyramid, you would get
paid a fee to recruit people into your
business. In my business, I only get paid
if products are sold from the company to
someone within my network--either a
customer or associate. Also, in a pyramid
scheme, the only people who make
money are those who get in first, but in
my company everyone has an equal
opportunity to make money and become
the top income-earner in the company.
Can you see how this isn't an illegal
pyramid?

2. Do people really make money doing this?


Yes, but the only people who do are those
who treat this like a business and work at
it every day. Money is made when
products or services are sold within your
network, so if you want to earn a solid
income, you'll need to recruit a network
of people who are buying and selling
products or services. The company
provides excellent training and will be
there to help you succeed, but ultimately
the success or failure of your business is
up to you.

3. Does this require sales?

Do you enjoy sales? If not, that's great,
because you don't have to be a
salesperson in order to succeed. This is a
business of sharing information, and
there are great tools that'll help you
present the products/services and
business to your candidates. All you do
is work with those who are interested.
Now, if you like sales, that's also great;
people who are good at sales often do
very well in this business.

4. How much time does this require?

That'll depend upon your goals. If you
would like to make a few dollars a
month, you could probably invest five
hours a week or less. However, if you
want to develop a full-time income so
that you can fire your boss and enjoy
more freedom of time, then you'll need to
invest at least 15 hours a week. The
great part is that there are tools to help
you leverage that time.

5. Do I have to talk my friends and family into network marketing, too?

This can be a life-changing business.
Those who succeed enjoy complete time
and financial freedom, and you should
only offer this business to those who
want the benefits.

Source: www.RodNichols.com .
HERE is my personal network marketing company I am working with:
  http://myadrich.com/knaaryee2
you can contact me on +233279069135.

Network Marketing-It's an Asset, Not a Job.

Network Marketing-It's an Asset, Not a Job.
By Robert Kiyosaki

I am sometimes asked, "Why do so few people make it to the top of their network marketing system?"

The truth is, the top of the network marketing system is open to everyone-unlike traditional corporate systems, which allow only one person to reach the top of the company. The reason most people do not reach the top is simply because they quit too soon. So why would someone quit short of the top?

Most people join only to make money. If they don't make money in the first few months or years, they become discouraged and quit (and then often bad-mouth the industry!). Others quit and go looking for a company with a better compensation plan. But joining to make a few quick dollars is not the reason to get into the business.

The Two Essential Reasons to Join a Network Marketing Business

**Reason number one is to help yourself.
**Reason number two is to help others.

If you join for only one of these two reasons, then the system will not work for you.
Reason number one, means that you come to the business primarily to change quadrants-to change from the E (Employee) or the S (Self-employed) quadrant to the B (Business owner) or I (Investor) quadrant.

This change is normally very difficult for most people-because of money. The true E or S quadrant person will not work unless it is for money. This is also what causes people to not reach the top of the network marketing system: they want money more than they want to change quadrants.

A "B" quadrant or "I" quadrant person will also work for money, but in a different way. The B quadrant person works to build or create an asset-in this case, a business system. The I quadrant person invests in the asset or the system. The beauty of most network marketing systems is that you do not really make much money unless you help others leave the E and S quadrants and succeed in the B and I quadrants. If you focus on helping others make this shift, then you will be successful in the business. As a B or an I, sometimes you don't get paid for years; this, a true E quadrant or S quadrant person will not do. It's not part of their core values. Risk and delayed gratification disturb them emotionally.


Delayed Gratification and Emotional Intelligence

One of the beauties of network marketing is that it focuses on developing your emotional intelligence as well as your business skills. Emotional intelligence is an entirely different matter from academic intelligence. In general, someone with high emotional intelligence will often do better than someone with high academic intelligence but low emotional intelligence. That explains, in part, why some people do well in school but not so well in the real world.
The ability to delay gratification is a sign of higher emotional intelligence. In a recent study of emotional intelligence, it was found that people who could delay gratification often led more successful lives than those who could not. This is why the educational system inherent in a good network marketing opportunity is so important. It's the emotional education or emotional intelligence aspect of their programs that I find so valuable for people.

Many people write me and tell me they loved my book, Rich Dad, Poor Dad, but I fear that many of them don't get the most important point of the book:

Lesson #1, "The rich don't work for money."

Once I have built or bought an asset, that asset works hard to make money for me. But I will not work for money-I will work only to build or buy assets. Those assets make me richer and richer, while I work less and less. That is what the rich do.

The poor and middle class work hard for money, and then buy liabilities instead of investing in assets.

What Kind of Asset is a Network Marketing Business?

Remember, there are two reasons required to be successful in network marketing: to help yourself, and to help others. Reason number one means helping yourself get to the B side of the quadrant.

What about reason number two?
The beauty of most network marketing systems is that you don't really make much money unless you help others leave the E and S quadrants and succeed in the B and I quadrants.
If you focus on helping others make this shift, then you will be successful in the business.

If you only want to teach yourself to be a B quadrant and I quadrant person, then a true network marketing system won't work for you. You may as well go to a traditional business school, which focuses only on your becoming a B quadrant person.

The beauty of a network marketing business is that your goal is to create assets, which are other B's working under you-and their job is to create other B's working under them.

In traditional business, the focus is for the B to have only E's and S's working for them.
The type of business I was taught to build is a business with me at the top and E's and S's at the base. I really don't have room at the top for many other B's, which is why in my businesses, I strongly recommend that all my employees look into network marketing as their own part-time businesses.

NOTE:
The traditional corporate system really is a pyramid, because there are a few B's and I's near the top, and more E's and S's at the base.
A network marketing system is a reverse pyramid: its primary focus is to bring up more and more B's to the top.
One type of pyramid, the traditional type, has its base on the ground; the other type has its base in the air. It's a pyramid that pulls you up instead of pushing you down. A network marketing business gives everyone access to what used to be the domain only of the rich.
This article is excerpted by permission from The Business School for People Who like Helping People, by Robert T. Kiyosaki, with Sharon Lechter, CPA, authors of Rich Dad, Poor Dad."
Put Together By: Ras Dov de Emperor

7 STEPS TO NETWORK MARKETING SUCCESS

7 STEPS TO NETWORK MARKETING SUCCESS
1. Choose wisely.

There are six key
elements you should be looking for [when
selecting an opportunity]. Number one:
stability. How old is the company?
Number two is excellent products or
services that consumers will use and
need more of.
Number three is the pay plan--how even
and fair and generous overall is the
distribution? This is really crucial as the
pay plan represents exactly how you'll
get paid--or not get paid. There are really
only two questions to ask [regarding
this]: How many pennies out of each
sales dollar get paid back to the
distributors each month, and how fair is
the distribution of these pennies between
the old members and the new members?
Number four is the integrity of the
company and the management. As much
as possible, [investigate] the experience
of the CEO, [their] experience in the
network marketing industry, and their
background. [Have] they been successful
in other companies in the industry? Do
they have a good reputation?
Number five is momentum and timing.
Look at where the company's at, what's
going on with the company, and if it's
growing.
Number six is support, training and
business systems. You may have
[chosen] a great company with excellent
management, products that make a
difference, a pay plan that's uniquely fair
and very generous, and momentum and
stability, but if you don't have a system
in place that works, all of that [doesn't
matter]. Most companies will have a
transferable training system that they
use, and that's where mentorship comes
in.

2. Practice what they teach.

[To succeed,]
you need to be willing to listen and learn
from mentors. The way this industry is
structured, it's in the best interests of the
[MLM veterans in your company] to help
you succeed, so they're willing to teach
you the system. Whatever [your mentor]
did to become successful, it's very
duplicatible, but you have to be willing to
listen and be taught and follow those
systems.

3. The higher-ups.

It can be called various
things, but the general term is the
"upline," meaning the people above you.
How supportive are they? Do they call
you? Do they help you put a plan in
place? Are they as committed to your
success as they are to their own? You
should be able to relate to [the people in
your upline] and be able to call them at
any time to say "I need some help." How
much support there is from the people
above you in the company is very
important.

4. Take up the lead with your downline.

There's a term in the network marketing
industry called "orphans"--when
somebody is brought in and then the
person who brought them in is just so
busy bringing in other people that they
don't spend the time to teach and train
[the new person]. You should be prepared
to spend at least 30 days helping a new
person come into the industry--training
them, supporting them and holding their
hand until they feel confident to be able
to go off on their own. You really need to
ask yourself, are you willing to do that?
Are you able to do that? This is really
about long-term relationship building. It's
not about just bringing people into the
business and just moving forward. It's
about working with these people and
helping them to develop relationships.

5. On the net.

People are utilizing [the
internet] as their main marketing tool.
[You can set up your site] with
autoresponders so when you capture
leads, the autoresponder can follow up
with that person. One of the greatest keys
to success in this industry is follow-up.
Many people will have someone call
them who's interested or they'll call the
person and say they're interested, but
then they don't follow up with it.
Automation on the internet has allowed a
much more consistent method of
following up.
The only drawback with the internet is
people who utilize it to spam. If there was
one thing I could put forward to say, "Do
not do" when utilizing the internet as a
marketing tool, it's spamming because
that can give a very bad reputation not
only to you but also to the company
you're working with.

6. Taking care of business.

This is a
business, and just like if you were
running a franchise or a storefront, you
[should have an] accountant. You have
all the same write-offs tax-wise that you
have with running a [full-time] business,
so it's very important to [do your
research] prior to getting involved, before
you start making money from it. How is
that going to affect you tax-wise? What
are your write-offs?
It's important to set up a [support] team
around you. I'd suggest seeking out
lawyers who deal in network marketing,
so they're very versed in all the laws and
how that affects [your business.]. There
are also accountants who specialize in
dealing with homebased businesses
specifically in the direct-selling industry.

7. Don't quit your day job...yet.

Never leave
your full-time position unless you're
absolutely certain that the income that's
coming in with this company is going to
be there. [Be sure that] you've been with
the company [for awhile] and that you
know it's a stable company, and the
income that you're earning is equal to or
greater than the income you're earning
from your job before quitting.