Why I decided to Join a Network Marketing Company
As you many know, I really want to become success through business and investing. In order to become a successful investor and entrepreneur one needs to invest a lot of time in learning how to be successful before one ever invest a single dime. So after doing my due diligence, I realized that the network marketing industry was the best way to learn to become an entrepreneur. I have heard and read of magnates such as Bill Gates, Warren Buffett, Donald Trump, and Robert Kiyosaki speak about how they believe that the network marketing industry offers the best way for people to become financially free. I am not going to be talking about which specific company, at least not in this post, because I want to explain and go over the basic reasons I chose this type of business model. Maybe in a future post I will reveal which company I have chosen.
Something that I really liked about network marketing is that it develops you as a leader. In traditional business schools, they teach you how to run a business as an employee. They teach you to manage as a CEO but to never lead as a business owner. I am currently in school studying Finance & Credit however I do have to take many business classes. The problems that I see in the business classes that I have taken is that they are being taught by people that have never really had any real world business success. In one specific example, I had a teacher instructing the class on the foundations of a business, yet when I asked her if she ever had owned a business before she replied that she had not. All she knew is what text books had taught her and was reteaching it to the students. This discouraged me and I became firmer in my decision that school can’t teach you to be successful. School can teach you to specialize (lawyers, doctors, accountants) and become an employee, trading time for money, and hoping that someone will value your time enough to pay you what you think you deserve.
Thats why I love the concept of network marketing. Helping others become more successful so that you yourself becomes successful. I believe that network marketing is one of the highest evolved forms of human business and interaction.
Here are a few reasons why I decided to join:
1. Leverage. You can train others to do the same work that you are doing which multiples your efforts and allows you to eventually stop working while the business still produces you money. I list leverage first because network marketing allows you to build an asset. That is something that will keep putting money in your pocket long after you have stopped building it.
2. Control. One has complete control over the system and the parent company offers a protected already tried system that delivers compensation and establishes a structure to base your growth off of. In traditional investments like stocks, bonds, mutual funds, REITs, and even precious metals, you do not have control over how well the investment will do. It is based off the market value, which is based on the perceptions of how much others value the particular investment. Its like driving a car without a steering wheel. We offer complete control over how your business is run.
3. Creativity. Network marketing allows one to be creative and develop one’s own styles and techniques. If you want to show the presentations a specific way, if you want to have everyone dress a certain way, if you want to get together for entertainment every week, YOU CAN!!!! Thats what I love!
4. Expandability. The sky is truly the limit. The business can expand indefinitely. There will never be a shortage of people that have not heard of or are not in network marketing. Especially with most companies being global, we truly have no limits.
5. Predictability. Our incomes are predictable. With traditional business, you can predict what you might be earning, but it all depends on how effective your “pay & pray” advertising can bring in customers. We know exactly how much we can make and it is based on the amount of effort we put in. You hear stories of someones friends aunt who tried it and didn’t do much and never made any money, therefore its a scam. If one doesn’t do any work, then one will receive nothing. If you are out working the business, the you will reap what you sow.
6. Leadership Development. Now not every network marketing company offers leadership development. Not all network marketing companies were created equal. Find one that will allow you to grow as an individual. The company that I chose offers continuing education where success, motivation, & business cds& books are sent to you every month. This type of system allows you and requires you to learn more every month. There is a saying that if your not growing your dying. Make sure you find one that will develop your mind more than it puts money in your pocket. The money will come, but investing time to grow and develop is necessary otherwise your just another lottery winner who loses it all within a year.
A few more points worth mentioning.
1. Taxes. Taxes are our biggest single expense. Taxes are also how the rich get richer. When properly used taxes can allow you to grow your money exponentially. Taxes have loop holes that can be used to gain wealth.
If you begin building a network marketing business part time while you keep a full time job, you begin to qualify for the same tax breaks that the rich use to make more money. Someone with a part time business can take more tax deductions that a normal employee. For example, if you own your own business, even part time, then you can begin deducting gasoline, car maintenance, internet expenses, cell phone charges, some food expenses, and even entertainment. Last week I treated my team to a night out at the movies to watch “Rise of the Planet of the Apes”, we got to the movie theatre early to discuss and follow up on how meetings and presentations had gone, then we discussed how what we where doing was a movement and the start of a thought revolution. We applied that thought revolution concept to the movie we were about to see then afterward we discussed how we were going to change the way we presented our key not presentation. Not bad for a business meeting/ night out at the movies. The beautiful part is that the expenses were tax deductible, from the gas to get to the movies, the tickets, concessions, and gas to get home.
2. Meeting like minded people. One of my favorite things about network marketing is that it brings together people that want to be successful. Everyone part of my team wants to be successful, wants to become and entrepreneur and investors as well. We all want to have fun, make money, and make a difference in peoples lives. This is what keeps our team so strong.
3. Dedication of Time. It takes time to be successful at anything. Give yourself time to grow, ideally 2-5 years. However do not waste time with a company that is not developing you. Make sure that you are learning by listening to cps and reading books. With the company I chose, within the first three months I was given almost 4 Gigabytes worth of cps and audiobooks plus three books to read.
4. Look for a network marketing company that will invest time with you even if you have no immediate success. In the corporate world, if you are not successful within a certain amount of time you will get fired. In Network Marketing, if you are willing to dedicate time and be coachable, then we will spend as much time with you as needed until you become successful and self reliant. I know that sounds like a huge commitment, and it is, however if you are coachable you learn to be successful, by chaining your mindset and learning from mentors who have walked in your shoes.
If you have any questions feel free to get a hold of me below:
