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Why
Do You Recommend Network
Marketing?
Robert Kiyosaki's Answer:
When
I first heard about
network marketing, I
was against it.
But after opening my
mind, I began to see
advantages that few
other business opportunities
offer.
Long-term success in
life is a reflection
of your education, life
experience and personal
character. Many
network-marketing companies
provide personal development
training in those key
areas.
Most schools train people
for the E or S quadrants,
and that is great if
those are the quadrants
in which you want to
spend your life.
Most MBA programs are
training students for
high-paying jobs in
the corporate world
as an E, not a B.
What if you're in the
E or S quadrant and
you want to change?
What if you want to
be in the B quadrant?
Where do you find the
education that trains
you for that quadrant?
I recommend a network-marketing
business. I recommend
the industry for people
who want to change and
get the necessary skills
and attitude training
to be successful in
the B quadrant.
Being an entrepreneur
and building a B quadrant
business is one of the
toughest challenges
a person can take on.
The reason there are
more people in the E
and S quadrants is simply
because those quadrants
are less demanding than
the B quadrant.
As they say, "If
it was easy, everyone
would do it."
Personally, I had to
learn how to overcome
my self-doubt, shyness
and fear of rejection.
And I had to learn how
to pick myself up and
keep going after I failed.
These are some of the
personal traits a person
must develop if they
are to be successful
in a B quadrant business,
regardless of whether
it is a network-marketing
business, a franchise
or an entrepreneurial
startup.
An
important personal skill
required for any B quadrant
business is leadership.
Are you able to overcome
your own fears and have
others overcome their
fears in order to get
the job done?
This is a skill the
Marine Corps taught
me. As Marine
Corps officers, it was
imperative that we be
able to lead others
into battle, even though
we were all terrified
of dying.
I meet many people in
the S quadrant, the
specialist or small
business owners, who
would like to expand,
but they simply lack
leadership skills.
No one wants to follow
them. The employees
do not trust their leader
or the leader does not
inspire the employees
to better themselves.
As mentioned earlier,
Forbes defined a big-business
owner, a B quadrant
business owner, as a
person who controls
a business with more
than 500 employees.
This definition is why
leadership skills are
vial for the B quadrant.
Where could you find
a business that will
invest the time in your
education, your personal
development and building
your own business?
The answer is: most
network-marketing business.
Building a B quadrant
business is not an easy
task. So you need
to ask yourself, "Do
I have what it takes?
Am I willing to go beyond
my comfort zones?
Am I willing to be led
and willing to learn
to lead? Is there
a very rich person inside
of me, ready to come
out?" If the answer
is "Yes,"
start looking for a
network-marketing business
that has a great training
program. I would
focus less on the products
or the compensation
plans and more on the
education and personal
development program
the company offers.
A
network-marketing business
is a B quadrant business
because it meets several
criteria I look for
in a business or investment.
Those criteria are:
- Leverage:
Can I train other
people to work for
me?
- Control:
Do I have a protected
system that belongs
to me?
- Creativity:
Will the business
allow me to be creative
and develop my own
personal style and
talents?
- Expandability:
Can my business
grow indefinitely?
- Predictability:
Is my income predictable
if I do what is
expected of me?
If I am successful,
and keep expanding
my business, will
my income increase
with my success
and hard work?
Isn't
Network Marketing A
Pyramid Scheme?
I am often asked if
network marketing is
a pyramid scheme.
My reply is that
corporations are really
pyramid schemes.
A corporation has only
one person at the top,
generally the CEO, and
everyone else below.
The following
is an example of a typical
corporate pyramid:
Compare that to
a network-marketing
business system:
A
true network-marketing
business is the exact
opposite of a traditional
business model.
A network-marketing
business is designed
to bring you up to the
top, not keep you down
at the bottom.
A true network-marketing
business does not succeed
unless it brings people
up to the top.
Additional Points
Worth Mentioning
The following are some
other points worth mentioning:
- Tax
breaks increase.
By starting
a network-marketing
business in your
spare time and keeping
your regular job,
you begin to gain
the tax advantages
of the rich.
A person with a
part-time business
can take more tax
deductions than
employees can.
For example, you
may be able to deduct
car expenses, gasoline,
some meals and entertainment.
Obviously, you need
to check with a
CPA for exact rulings
on your situation.
And the cost of
your CPA is tax-deductible.
In most cases, an
employee cannot
deduct CPA expenses.
In other words,
the government will
give you a tax break
for advise on how
to pay less in taxes.
- Meet
like-minded people.
One of
the advantages I
had is that my friends
also wanted to be
in the B quadrant.
When I first started
out, most of my
E quadrant friends
thought I was nuts.
They could not understand
shy I did not want
a steady job or
a steady paycheck.
So an important
part of becoming
a B is to surround
yourself with other
people who are Bs
and want you to
become a B.
- Give
yourself time.
It takes time to
be successful in
any of the quadrants.
Just as it takes
time to climb to
the top of the corporate
ladder as an E,
or become a successful
doctor or lawyer
In the S quadrant,
it takes time and
dedication to become
successful in the
B quadrant.
It took me years
before I built a
successful B quadrant
business.
- Network-marketing
companies are patient.
One of
the beauties of
a network-marketing
business is that
it will invest in
you, even if you
are not successful.
In
the corporate world,
if you are not successful
in six months to a year,
you are often fired.
In the network-marketing
world, as long as you
are willing to put in
the time, most companies
will work with you in
your development.
After all, they want
you to get to the top.
- Leverage
the systems that
are already in place.
These systems
are already tried
and proven, which
allows you to hit
the ground running
instead of trying
to build the internal
system of a new
company.
In
conclusion
After opening my closed
mind, I could finally
see some of the unique
benefits the network-marketing
industry offers people
who want more out of
their lives.
Generally, it costs
much less to get started
in a network-marketing
company than to build
a business on your own.
-Robert
Kiyosaki
Donald Trump's Response
Marketing is a powerful
tool, and network marketing
can increase that power,
provided you are self-motivated.
In a simple visual,
see a product and then
remove the advertising
agency from it.
It is up to you to do
the marketing and advertising.
That's a big job, but
it can be done if you
are passionate enough
to get it going on your
own and to jeep the
momentum and motivation
going at a high level.
It requires an entrepreneurial
spirit, and that means
focus and perseverance.
I do not recommend network
marketing to people
who are not highly self-motivated.
Another important aspect
of network marketing
is that it is inherently
social, so if you are
not a social or outgoing
person, I'd think twice
about going into it.
Sociability is a requirement.
Just like in advertising,
there's no point in
having a fantastic advertising
campaign if the product
isn't equally fantastic.
Also keep in mind that
if you decide to become
a distributor, you will
be legally responsible
for the claims you make
about the product, the
company and the available
opportunities.
But above all, make
sure the product is
worth your energy and
total devotion.
Otherwise, you could
be energetically spinning
your wheels.
Robert mentions the
importance of going
beyond your comfort
zone when it comes to
network marketing.
He also mentions giving
yourself enough time.
These are good points
to consider. I
would also agree that
having leadership qualities
is critical for success.
You definitely have
to have a take-charge,
can-do attitude.
As with any other undertaking,
know everything you
can about what you're
doing before you begin.
Network marketing has
proven itself to be
a viable and rewarding
source of income, and
the challenges could
be just right for you.
There have been some
remarkable examples
of success, and those
successes have been
earned through diligence,
enthusiasm and the right
product combined with
timing. As with
so many issues we have
discussed before, there
are tangibles and intangibles
involved, but success
is not a total mystery,
and that applies to
network marketing as
well.
Most people have heard
of focus groups,
a research tool that
advertising agencies
use when they are testing
a new product.
They will go out to
different locations
and simply ask everyday
people what they like
and don't like about
a new product.
Its best if you can
keep the focus group
idea close at hand when
you are deciding about
a product. Just
because you like it
doesn't mean everyone
else will. Finding
a common denominator
in product appeal will
matter.
My nutshell advice about
network marketing is
to do your research
and then put everything
you've got into your
product. Genuine
enthusiasm is hard to
beat, and the odds will
be with you.
-Donald Trump
Tanya
Dokuchie
1-800-840-2091
204-774-0186
info@wealthfreedom.org
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