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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
Sincerely,

Jan McLean
1-800-727-8629
info@LivingLifeWithoutLimits.com

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