If you want to build a solid network marketing business that will pay you a lifetime of income and that you can pass on to the next generation, you must choose a good network marketing company.
In my opinion, the company you choose to build with will account for as much as 40% of your long term success. The other 60% comes from YOU.
There are big, brash leaders in network marketing who will tell you that your success is all up to you. It’s all your fault if you’re not successful. “If it is to be, it is up to me!”
That’s a half-truth.
Sure, you can become the most highly developed individual, have a super positive mental attitude, have a magnetic personality and still end up in an illegal pyramid scheme that gets shut down by the Federal Government, and gets you sent to jail.
The company you choose WILL have a major bearing on your long term success. You must choose wisely. [click to continue…]
A while ago, I received an email from my mentor. He was telling a story about how one day, he found an entire downline genealogy of an existing MLM company for sale on the internet.
He knew the owners of the company, so he called them up and said “Hey! What’s going on? My gosh, your company is doing good, isn’t it?”
“Yeah. Company is doing great. But we couldn’t afford to buy the software, so we leased it. And part of the lease deal is, the software company owns the database.”
The software company decided it needed more money, so it sold the entire database to 10 third party MLM lead companies for $10,000 each, pocketing a nice $100,000 off the backs of the hard work of the distributors.
Can you imagine that? [click to continue…]
Lately, I’ve been reading The Warren Buffett Way by Robert G. Hagstrom. Hagstrom writes about the fascinatingly simple principles that have guided Warren Buffett’s decision making in investing over that past 60 years that have allowed him to accumulate such immense wealth.
Warren Buffett’s formula for investing fundamentally has not changed since his first fund was established over 50 years ago. Buffett never gets distracted by fads or promises of explosive returns. So called experts have often criticised him for his stubborness and his “old fashioned-ness” and yet he’s always had the last laugh when their bubbles burst. [click to continue…]