Dec
30
2008
“Building a successful business requires more than lucrative pay plan or a ‘sizzle’ product.”
There are many factors in the equation for success in network marketing. The more of these factors that you familiarise yourself with, the greater is your chance of mastering the equation and achieving success. Network marketing is one of the few avenues through which individuals from all “walks of life” can achieve sizeable incomes and a great degree of “freedom of time.”
During my 32-year career, I have been witness to truck drivers, waitresses, plumbers, clerks, factory workers, the young, the elderly, along with accountants, bankers, lawyers, and physicians that have earned five, six and seven figure incomes in this industry. On the other hand, I have seen thousands of individuals waste time, lose their investments, have their dreams extinguished, and live in the frustration of perpetual pursuit without achievement.
Success by Design
You can aimlessly test one program after another, searching for one that will work for you, or pursue success by design. Generally programs do not work for you. You must select a program with the right dynamics and then learn to work the program. Learning how to be a true networker should be your goal. Articulating effective marketing strategy and learning to effectively communicate the benefits of your program are paramount to maximum success. Understanding the equation for success is vital to the preparation process for achieving maximum success.
One of the most important steps in your journey is selecting the right program. Success at the company level does not always equal success at the distributor level. There are very successful companies that have very high distributor attrition (drop-out) rates. Many companies “waste” thousands of distributors in the process of developing a product user base. Often there are flaws in the strategy of the company leaders that directly affect the distributors’ success.
5 Crucial Factors
You can reduce this risk by carefully examining the dynamics of the program that you are considering. It is not necessary to be in the “best program.” There are thousands of distributors in dozens of companies earning exceptional incomes. What is important, is to choose the program that has dynamics that will best work for you. There are five basic factors that you should examine:- Continue reading
4 comments | tags: 4Life, business, dream, home-based business, make money, Mike Akins, success | posted in Network Marketing
Sep
22
2008
There are 2 very different types of opportunities under the umbrella of Network Marketing: (a) Direct-selling; and (b) Multi-level Marketing (MLM).
Are they different? YES!
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5 comments | tags: business, MLM | posted in Network Marketing
Sep
1
2008
Cheanu is featured in Personal Money, August issue, page 66. Exclusive interview reveals the secret to passive income with Passive Resources.
In this most recent issue of Personal Money (The Edge Magazine on Managing Your Finance), editor Celine Tan’s cover feature shows that there are practical ways to build up income streams so that you won’t always have to trade your time for money. This cover story features 6 ways to create Passive Income Streams and how to make money while you sleep. On page 66, it states that the lowest cost of all the 6 ways to start creating and maintaining a passive income stream is the one shown by Cheanu Chew—thru his trademark automated system, Passive Resources.
Read on for the full interview. Continue reading
no comments | tags: 4Life, business, Cheanu, passive income, personal money, retire, success, young | posted in Internet Marketing, Network Marketing
Jun
24
2008
For some time now, people admire the success of Network Marketing companies like 4Life Research, Amway and others. Overall Network Marketing businesses gained a measure of success with people looking to build income generating opportunities that last.
However, in the past few years, Network Marketing (or MLM) has gained a bad image that is ill-deserved. Many people associate MLM as an illegal business, scams, pyramids and other undesirable elements. However, the truth is that MLM is one of the best ways to generate income if performed correctly.
Truth be told, the only reason MLM has descended in its desirability is because too many people get involved to make a quick buck without really knowing what it takes to build a good MLM downline organization and how to approach the business correctly.
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2 comments | tags: business, leader, MLM, passive income, retire, success, unlimited income | posted in Network Marketing
Dec
11
2007
“Do you know how much of monthly instalment I need to pay for all my debts? $10,000 a month! Just my past business loans and personal loans alone… not counting my monthly instalments for my car and house,” my friend Andrew* told me today. He’s in his 30′s with a wife around his age; a father to a 7-year-old boy. Andrew cried, “If something happens to me, how are my wife and son going to go through their lives?!”
“Do you know if there’s anything on earth that keeps paying my family long after I’m gone?” Andrew asked me. I replied without hesitation, “Yes, absolutely!”
Continue reading
no comments | tags: business, passive income, rich, unlimited income, wealth | posted in Life & Lifestyle, Money Awareness, Network Marketing
