Network Marketing

Network Marketing, 'MLM', and Multi Level Marketing are all terms that refer to the same type of business model. While many close-minded people outside the industry (and others who've tried it and gave up), have negative wrong impressions, and despite the fact that it is used and abused by many crooks and con-artists, this business model has exceptional performance potential.

There are bad apples in every industry, and MLM has more than its share. But it can produce outstanding results if you know how to find the RIGHT COMPANY. With the advent and popularity of the Internet and the rampant quest to "Get Rich Quick for Doing Nothing Schemes", many people have gotten all excited about affiliate, associate, referral, or co-op programs as they are sometimes called but only to be disappointed months later. Do not get confused between these ‘Get Rich Quick or SKIM CEPAT KAYA’ with legitimate Network Marketing based organizations.

Network Marketing is the only business models that take advantage of all three very important, yet misunderstood principles of:

1. Passive Residual Income
2. Leverage
3. Geometric Growth (Duplication)

The combination of all three of these elements is what gives the Network Marketing business model its synergy and exceptional performance potential. It’s a big business with minimal investment of time and money. Franchise or conventional business, both require major investments of time and money, usually take years just to break even.

If you haven't yet had the success you desire in MLM, you may not completely understand these principles, or how to get them across to others. Highly successful leaders have learned how to ask the right questions, then help others understand and take advantage of these important and powerful concepts.

Let's face it, our educational system trains (or brainwashes) us to be conformists, to do what others tell us to do, and to prepare for a JOB, not an entrepreneurial business opportunity. And even though many people claim they'd like to be their own boss or own their own business, only a small percentage of the population possess the necessary desire for success to risk stepping out of their 'comfort zones' to pursue their dreams.

Most people are afraid of failure, and for them it may be better and easier to live life in a safer zone. Others are satisfied or even happy with their jobs, incomes, or lifestyles, and that's great for them. But if you're one of millions who yearn for more freedom and control in your life, you must understand the following three principles to achieve True Success in Network Marketing


1) RESIDUAL INCOME:
Residual income is recurring income that continues to come to you long after the work you've done to produce it has ended. There are lots of ways to produce residual income. But many people don't understand it. Others have never thought about or been exposed to it. And unfortunately, many ways of producing it are out of reach for 'average' people.

Successful authors, actors, composers, musicians, and insurance agents are some of the more familiar avocations that produce residual income. Probably the simplest and best example of passive residual income is interest earned on money in the bank or other investments. It gets paid or credited to you without you having to invest any more time to produce it.

There are only two sources of money: 1) PEOPLE AT WORK, and 2) MONEY AT WORK...THAT'S IT!

The simple goal of Retirement & Financial Planning is to make sure you accumulate enough money (or income producing assets), so that when you decide or are forced to retire, it will produce enough PASSIVE RESIDUAL INCOME for you to enjoy the lifestyle you choose for as long as you live.

The same concept holds true in Network Marketing. Leverage, and Duplication or Geometric Progression, can help you build it much FASTER in the RIGHT Network Marketing program.

"If you had the choice of doing a job and earning $10,000 once, or getting paid $100/mo for the rest of your life, which would you choose?"

You'd be surprised at how many answer $10,000! These people either, 1) are not good prospects or, 2) need some education. That question is one quick and simple way to pre-qualify people. Those who don't understand that principle may never achieve their true potential.

Obviously $100/mo. will surpass a 'one time' $10,000 relatively quickly. And if it lasts for a few years, or better yet - the rest of your life - it will really be a blessing. Producing enough passive residual income can make you a VIRTUAL MILLIONAIRE in a relatively short time, compared to working for someone else and scrimping and saving for 30 - 40 years.

A VIRTUAL MILLIONAIRE is someone who has enough money coming in every month, WHETHER THEY WORK OR NOT, to support the lifestyle THEY CHOOSE, for as long as they live. It's also nice to have something SIGNIFICANT to pass on to your children, heirs or favorite charity.

But like everything else in life, even residual income has a downside. The biggest one is it normally takes a little more time for the magic to start working. The POWER and BEAUTY of residual income is on the back-end, not the front!

Many people have a hard time understanding this FACT and mistakenly chase false promises of quick or easy money. That's why there will always be crooks and con artists in the world pitching "get rich quick and easy schemes". Successful people ignore them. Naive or greedy or lazy people usually get burned. Residual income is NOT about "get rich quick", even though with the right opportunity it's possible to produce a small fortune in a relatively short time.

If you truly understand the potential, somewhat talented, committed, hard working, with ability to invest more time and money, you may have some success in about a year. And many people do. Most 'typical' people take more than a year or two of part time work to generate a decent income, and another year or two to really hit the big time. But achieving success with 2 - 4 years of part-time effort beats the widely accepted 'standard' plan of slaving 20 - 40 years working for someone else to make them wealthy!

Most people who fail at network marketing either choose the wrong company or just give up too soon and quit because they expect INSTANT results. But because the real beauty of residual income is on the back end, not the front, once you build it you have the financial security and time freedom to do anything you want the rest of your life!

The RIGHT network marketing opportunity and company allows anyone, with no prior experience, special skills, or large capital outlay, to build long term, passive residual income. A critical component to building long term residual income is offering high quality, high demand, value-priced, 'Consumable' products or services that people use and re-order month after month.

Because of this simple fact, the top industry in Network Marketing by any measurable standard is Nutritional Supplements and Personal Care products. Some people refuse to consider this industry because they don't take supplements themselves or don't understand the 'Big Picture' and successful business model of the wellness industry.

Do you think Burger King and McDonald franchise owners invest hundreds of thousands of dollars because they like to eat fast food burgers? Not hardly! They understand human nature and trends in society. We're a convenience oriented society, and a large part of the population would rather eat low cost convenience food, even if we know it's not good for us.

But there's also a booming trend toward improving your health, improving your life, and developing personal and time freedom. Many 'opportunity seekers' completely miss or ignore these trends in society. If your business is in front of multiple long term trends, you dramatically increase your chances for success.

For true success you have to recognize major trends in society, and your products or opportunity must meet ALL the highlighted criteria above - high quality, high demand, value-priced, and 'consumable'. (And in this case, 'consumable' does not necessarily mean just 'edible'. It means used and/or re-ordered on a regular basis.

And with the right business the rewards can be much more than just financial! It's hard to put a price tag on the goose bumps you feel or tears that come to your eyes sometimes when someone thanks you for introducing them to a product that has had a major impact on their health, their life, or their financial situation. It's not just about making money, even though many narrow-minded or greedy people will try to convince you it is all money, money, and money. No its NOT. It's also about helping others. And doing both can make the right business two times more rewarding!

But your business also has to have profit potential. Some 'price-based' products or services have lots of competition and limited profit potential. If you choose a business like that you have to do a lot more volume and it's hard to build loyalty, which is an important element in producing long term passive residual income.


2) LEVERAGE:
Every successful person or business (in or out of Network Marketing) takes advantage of leverage. There's only 24 hours in a day! And no matter how talented you are or how much you get paid per hour, if you don't take advantage of leverage you're limited by the number of hours in a day. By learning to leverage your time, you can also benefit from a percentage of other people's efforts, and dramatically increase your income and freedom.

If you're reading this article on the Internet (on my website or someone else's), or in a magazine, that's one simple example of leverage. I don't have to be physically present to teach you something. I may be sleeping, or vacationing on the other side of the world while you are learning or sharing this information.

Unfortunately in most traditional businesses, the only ones who benefit from leverage are the owners or stockholders. The loyal, hard-working employees do most of the work. The unique and wonderful thing about the Network Marketing business model, is that everyone has the same opportunity to become the 'owner' of their own business - with a fraction of the investment of time and money of a traditional business or franchise.

And instead of worrying about training people to become your competitors, in network marketing the people at the top have a vested interest in helping others on their team succeed.

Again, the question I ask prospects here is:
"If you had the choice to receive 100% of one multi talented person's efforts, or 1% of 100 peoples', which would you choose?"

And again, if they answer 100%, either: 1) they're not a good prospect or, 2) they need a remedial math class or additional education.

Many talented people would rather just depend on themselves, and have difficulty grasping the importance of this concept. If that 1 talented individual stops working for a week, there will be zero productivity. But 1 person from the 100 takes a vacation for a week, 99% productivity is still in place. With synergy, sometimes it can be even more!

Why let your income depend on only one person. When that person gets sick or injured, disabled, dies, quits working, or decides to go on a long vacation, your income could stop! But if your income is produced by the activities of many, it is much more dependable. Even if something unexpected or negative happens to one or more of those people, it only has a minor effect on the total production.

It's great to get paid while you're on vacation or doing other things you love! That's one of the many advantages of leveraging your time, and is just one of many reasons so many high income professionals from all walks of life are flocking to get involved in Network Marketing.

Many professionals, who make great incomes, get frustrated at the 'bottom line' after putting in long hours just to cover overhead and miscellaneous expenses. No matter how much you earn per hour, if you don't learn to leverage your time, your earnings will always be limited by the number of hours you can work in a day. And nobody wants to work 24 hours! But even with a small network marketing organization, you can produce equivalent results to working 24 hours a day, with a fraction of the individual effort.

Learning to leverage your time (and money) is an important step toward gaining Financial Independence and Time freedom.


3) GEOMETRIC GROWTH - DUPLICATION - POWER OF ONE:
The best illustration I've seen of geometric growth is the penny-a-day example. If you start with one penny, and double it every day 30 days, how much will you have at the end of 30 days?

If you haven't heard this before or don't remember, go ahead and take a guess. Day two you'd have 2 cents; day three you'd have 4 cents, then 8, 16, and so on. How much at the end of 30 days?

Would you believe over FIVE MILLION DOLLARS?! ($5,368,708 to be exact!) That's right! Most people don't believe it until they punch it out on a calculator. And even then it's sometimes hard to accept. But it's true. Isn't that amazing?

That's a simple illustration of how networking can work. If I can teach you, I've doubled myself. If we each teach someone else, we've doubled again. And as this goes on and on it can produce amazing results in a relatively short period of time, just like the penny example.

The easier your program is to do and the lower the cost to get involved, the more people you can appeal to and the more potential for geometric progression to work. Programs that are too complicated or expensive for 'average' people to do will always hinder your growth.

Great salespeople can succeed at almost anything they apply themselves to. But not many people have the talents, skills, or desire to be great salespeople. IT'S NOT DUPLICATABLE! Always remember this fact. The Network Marking business model is about a lot of average people doing a little each, not a few talented people doing a lot

Joining a 'downline club' or any other program that promises any variation of - "we'll do everything for you" - will never produce significant LONG TERM passive residual income, because the majority of people who join are looking for a free ride or are too lazy to build anything significant. None of these programs have ever worked long term and none ever will. It's a simple fact of life successful networkers accept early on.

The penny a day example is a great model for illustration, but in 'real life' it never works exactly or perfectly like that. Some people never recruit anyone, and others find 10 - 20 - 30 or more. Understanding this important principle is also critical to your success!

Despite the fact it rarely works in reality like it's illustrated on paper, the principle of GEOMETRIC GROWTH is still one of the THREE PILLARS TO SUCCESS with the RIGHT Network Marketing Business Opportunity. With the RIGHT business and these POWERFUL PRINCIPLES, even average people who are willing to work and to learn can achieve their dreams. And above average people may exceed their greatest expectations.

If you can UNDERSTAND and BELIEVE IN those three principles, and find the RIGHT company, you will succeed in Network Marketing. If you're willing to TEACH these THREE principles to a few others, the results might just amaze you!

The beauty of Network Marketing is that you can get started with very little investment of time or money, and no major changes in your present lifestyle. Eventually, passive residual income can give you the FREEDOM to live the lifestyle YOU CHOOSE, and pursue and enjoy your dreams - whatever they are!

I read somewhere that back in 1994 50% of NEW millionaires in the US came from Network Marketing. It was predicted that by 2004, 70 - 80% of NEW millionaires in the US will come from the booming Network Marketing industry. I don't really believe those statistics. But no matter what the percentages are, certainly many new millionaires are created every year in the Network Marketing industry all over the world including Malaysia.

Even though Malaysia is years behind the US in terms of the Network Marketing industry, it has the 3rd largest sales volume of direct sales company in Asia behind Japan and Korea. And Malaysia has one of the most stringent direct sales act 1993 to protect the distributors.

Many positive CHANGES have been made in the industry, and several simultaneous MEGA-TRENDS help make this the best time ever to get involved! The time to start is NOW! But it's important to pick the RIGHT company and industry (products & services)!

Make the right choice base on the three elements I’ve presented; Does it have residual income potentials with true consumable products? Is leveraging achievable with its marketing plan? Is it easy to duplicate by the average person? And one more if I may add. Is there real FREEDOM? - Freedom to work as much or as little as you want, to come and go as you please, to plan how much or little you want to make, and to allow you to spend more time doing whatever is important to you. Choose an organization which is flexible, no time constraint, and where you can work from anywhere, at anytime, and with anyone.

There's no free lunch though. It's like riding a bike. If I asked, "Would you rather ride a bike uphill or downhill?" most normal people would say, "down." But in order to coast down the hill, you first have to ride your bike up hill. You have to 'climb the hill' (learn the business) before you can 'coast'.

There are many routes to the top of the hill. Some people choose to take a gradual incline and may take a little longer to get there. Others prefer the direct route, and choose to pedal directly up the steepest side. The beauty is, the choice is yours. We can show you the routes, and you decide what's best for you.

For more information and inquiry, email me at iman.wan@gmail.com