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What
is Network Marketing?
Direct
Sales versus Network Marketing
Is
it Selling?
Facts
about network marketing & pyramids
Common
myth about network marketing
What is pyramid?
What is wealth?
Four key ideas of creating wealth
Different types of income
Testimonials
What
is Network Marketing?
Network marketing is also known as Multi-Level Marketing (MLM).
It is a form of franchising based on the concept of
word of mouth advertising. For example, what if you watch "Jurassic
Park", you like the movie & you recommend it to your friends, who in
turn tell their friends. At the end of the week or month, Walt Disney paid you a
commission based on the number of people who paid to watch the show because of
your recommendation! Wouldn't that be great?
Companies such as Walt Disney paid advertisers
millions of dollars in advertising money. Network Marketing companies on the
other hand, take this sum of money and instead of paying to advertising
companies, pay this sum of money to independent distributors who help them to
advertise via "Word of Mouth"!
Would you agree that franchises like McDonald &
Kentucky Fried Chicken are hugely successful? The reason is that they are
duplicating a successful system. But flash back to the early years & it was
labelled as a scam!
Similarly Network Marketing uses the concept of
franchising to let ordinary, common folks to run their own business with an
easily duplicatable system but at a fraction of the capital investment &
with minimal risk! Minimal risk because of the low capital investment required.
Network Marketing has been labelled by the National
University of Singapore’s Graduate Society as "The Wave of the
Future"! Companies like IBM, AT&T, Colgate Palmolive & even
Singapore's biggest local bank DBS, use network marketing to distribute their
products!
In the US, Network Marketing is a US$106 billion
turnover industry with a growth rate of 25%!
Consider the following: in the past 7 years, in US, 64,000 millionaires achieved their fortune through Network Marketing! The growth rate is estimated at 20%.
Direct
Sales versus Network Marketing
What are the fundamental differences between Direct Sales & Network
Marketing?
In
Direct Sales, the model is based on a few people doing a lot. In Network
Marketing, it's exactly the opposite; a lot of people doing a little bit each.
100
x $10,000 — $1,000,000
In
Network Marketing, we simply reverse the numbers to achieve the same result.
Here, we have 10,000 people, all responsible for only $100 each!
10,000
x $100 — $1,000,000
This is exactly what J. Paul Getty was talking about when he said, "I'd rather earn one percent off the efforts of 100, than 100 percent off the efforts of one."
Is
it Selling?
Now, you may be thinking, "Well, I still don't want to sell anything —
I'm not good at sales."
Great!
This is where a powerful segment of the opportunity comes in. You're already
doing it; you're just not getting paid. Would you like to see how you could now
get paid for what you're already doing?
You're
Already an Expert!
"How
is that possible?" you may ask. Have you ever recommended a movie, book,
restaurant or anything else to a friend, co-worker or family member? Of course
you have - we do this all the time. If someone took you up on your
recommendation & actually enjoyed the movie, do you think it's likely that
they recommended it to someone else? Of course—this kind of word-of-mouth
recommendation occurs every day.
Now,
let me ask you an intriguing question. You paid to see the movie & the
people you recommended it to also paid when they attended the movie, right?
Furthermore, the person they told about the movie paid to see it as well! Now,
did you get a check from the theater thanking you for the referral? NO! Did the
person you recommended the movie to get a check? Did the person they told get
paid? Of course NOT!
The
only persons who got paid here was the theater owner & Walt Disney while you
did the advertising for them. How would it be if you got paid for every
recommendation you made & so did those you told? That's the beauty of
Network Marketing.
You,
& those you tell, all get paid for doing what you're already doing.
Facts
about network marketing & pyramids
Network Marketing is a method of distribution & compensation that has been
utilized in the United States for over 50 years and which is now spreading
across the world. The Direct Selling Association (DSA), based in Washington, DC,
represents the Network Marketing industry. The DSA has existed for more than 100
years.
There are in excess of 1,000 Network Marketing firms that distribute over $100 billion a year in goods & services. It is estimated that eight to ten million Americans are either part-time or full-time distributors. Tens of millions more are customers.
Common
myth about network marketing
Network Marketing does not work. The big guys make all the money off the little
guys.
Well,
Network Marketing DOES work. What usually does not work is a particular company,
product or distributor. You must decide for yourself whether you work or your
chosen company works or the product works.
Let's
consider the concept of big guys versus little guys. Usually the people who
perpetuate this myth are those who define fairness in terms of everyone
receiving the same benefits regardless of their contribution or effort.
In
Network Marketing, the people who attract, train & motivate the most people
earn the most money. If you sell/consume $100 worth of product yourself each
month, plus you build an organization of 100 people who do the same, you will
earn a great deal more-100 times more, to be exact-than the person who only
sells/consumes $100 per month. Now, that's fairness! Why should someone earn as
much as you if they're not making the same effort that you are?
What
is a pyramid?
It is an organizational structure where the people at the top make more money
than those beneath them. This describes every conventional company in existence!
The problem with the conventional company is this: there exists a structure
whereby the CEO generates income from the efforts of each person below, but
those workers do not have the opportunity to earn as much as, or more than, the
CEO.
Have you
ever heard of a general worker (GW) who makes more than the CEO or the General
Manager (GM)? Does middle management ever make more than the company's senior
management does? Not typically! The old model just isn't fair for those
underneath. No matter what their effort, they can never make more than those
above them can. The pyramid is not equitable.
In Network
Marketing however, you are building an income from the production of everyone in
your organization whether you directly sponsored [a sponsor is one who recruits
and trains another distributor.] them or not. Each person in your organization
can do the same, so now you have created a situation where everyone has the same
amount to gain. It's the fairest structure available because everyone can create
exactly the same situation. And in fact, due to the nature of Network Marketing,
people under you can & do in some cases, earn more than you simply because
they can access levels that you cannot. Everyone can reach down into their
organization the exact same number of levels. If someone has created more volume
in their levels than you have in yours, & some of those levels are beyond
your ability to reach them, that person can actually make more than you can,
even though they are UNDER you!
This makes
it the absolute FAIREST system available because it compensates people based on
their contributions & efforts, not based on where they fall in the system.
Once again, why should someone earn as much as you if they're not making the
same effort that you are?
IT REALLY WORKS!
What
is wealth?
Wealth means different things to different people. For some people, wealth
could mean big cars, big houses and anything that makes you look and feel good.
For some it could mean long term financial security.
Robert Kiyosaki, author of Rich Dad, Poor
Dad, a New York Times bestseller, defined it as "the number of days
that you can survive forward if you stop work tomorrow". Think about that
for a second. How many days can you survive forward if you stop working
tomorrow. What would your answer be?
Whatever your answer, would you agree with me
that true wealth is when you can say that "if I stop work tomorrow, I can
survive forever and the money will come somewhere, somehow and I do not have to
work for the rest of my life"?
TIME IS OUR MOST SCARCE RESOURCE. It’s been
said that TIME is LIFE and LIFE is TIME. When we leverage our time to create
wealth, we are actually maximizing our life to create wealth for ourselves.
Ask yourself: "If I continue to do what I
am doing now, will I acquire true wealth?" Some of you may say
"yes" but for many, the answer will be "NO". The greatest
insanity, is to do the same thing everyday and expect different results. If we
want a change in our life, we must change our life.
Statistic tell us that by the time we reach 65
years of age, 36% of the people will be dead, 54% will need to depend on others
to survive, 5% still have to work for a living, only 4% are able to be
financially independent but only 1% will achieve their dreams to be rich and
wealthy.
Four
key ideas for creating wealth
Paul Getty, a noted businessman, said there are 4 things one must do in
order to be rich.
1. Be in a business for yourself.
2. Have unique, highly consumable products.
3. Be able to build success upon the success
of others.
4. Leverage your time - "having 1% of 100
people’s efforts than% 100% of one’s own effort."
Which scenario do you prefer?
. NO Time & NO Money
. Have Money but NO Time
. Have Time but NO Money
. Have Time & have Money
Different
types of income
. Linear Income - here you exchange your time for
money. The more money you want to earn, the more time you need to give up.
Examples include salaried workers. If you stop working, your income also stops.
. Residual Income -
here you do the work once and get paid for eg. by earning royalties. Examples
include writers, singers.
. Multiplex Income -
this is income earned by leveraging. Consider the McDonald franchise concept.
Ray Kroc did not become a millionaire by selling hamburgers. He had independent
business owners who bought a franchise from him. They sell the hamburgers for
him and each pay him a franchise fee and also a percentage of sales. What Ray
has is a proven system. A system that can be duplicated. Multiplex income is
based on the concept of "the power of duplication". Examples include
franchising & Network Marketing.
Testimonials
"Network Marketing has taken the
concept of franchising - providing independent entrepreneurs with a ready-made,
low risk, proven, turn-key small business opportunity - and made some remarkable
improvements on it." John Milton Fogg, Upline editor
"Network Marketing powerfully combines
all the income-building benefits of being both a "franchisee" and a
"franchise company" at the same time - while cutting out the major
stumbling blocks of both." John Milton Fogg, Upline editor
"There has never been a better time than
now to take a serious look at Network marketing. "The People's
Franchise" is an extraordinary concept whose has come - today!" John
Milton Fogg, Upline editor
"Now is the time of best investment for
greatest returns in Network Marketing. It's like having the chance to buy gold
again at $49 an ounce!" John Milton Fogg, Upline editor
"Make the time today to check out the
benefits of buliding your own Network Marketing business. It's straightforward
and simple, low-risk investment - and it promises to return the most remarkable
rewards you can imagine." John Milton Fogg, Upline editor
"Network Marketing gives people a
creative opportunity to set up their own business and improve themselves."
Stephen R. Covey, author of the ten-million-copy bestseller "The 7 Habits
of Highly Effective People"
"As the traditional workforce shrinks,
the contingent workforce - those people working on contract, with flexible or
part-time hours - grows at an ever accelerating pace." Richard Poe, author
of "Wave 4, Network Marketing in the 21st Century"
"...MLM's influence is being felt
universally through the business world, from Wall Street to Main Street."
Richard Poe
"The future is very bright for the
network marketing industry." Robert Kiyosaki, author of "Rich Dad,
Poor Dad"
"The network marketing industry offers a
ready-made business system to anyone wanting to take control of their financial
future." Robert Kiyosaki
"The number one reason I recommend
a network marketing business is for its system of education." Robert
Kiyosaki
CONTACT US TO MAKE A CHANGE : [email protected]
