Why Network Marketing?
The Business School by Robert Kiyosaki
Highlights from the author:
“If I had to do it all over again, rather than build an old style type of business, I would have started building a network marketing business.”
"The richest people in the world look for and build networks, everyone else looks for work."
"Many network marketing companies are really business schools that teach values not found in traditional business schools...values such as the best way to become rich is to teach yourself and other people to become business owners, rather than teach them to be a loyal employee working for the rich."
The eight “hidden values” of a network marketing business
“If I had to do it all over again, rather than build an old style type of business, I would have started building a network marketing business.”
"The richest people in the world look for and build networks, everyone else looks for work."
"Many network marketing companies are really business schools that teach values not found in traditional business schools...values such as the best way to become rich is to teach yourself and other people to become business owners, rather than teach them to be a loyal employee working for the rich."
The eight “hidden values” of a network marketing business
- #1 True Equal Opportunity.
- #2 Life-Changing Business Education.
- #3 Friends Who Will Pull You Up, Not Push You Down.
- #4 What is the Value of A Network?
- #5 Developing Your Most Important Business Skill.
- #6 Leadership
- #7 Not Working for Money.
- #8 Living Your Dreams
Why We Want You to Be Rich By Donald Trump and Robert Kiyosaki
Highlights from the author:
- Leverage: You enjoy the opportunity to leverage off of the work of others. These are your down-line distributors, not your employees. You make money on their efforts, but don't have to pay them.
- Control: You have a money generating system that belongs to you. This is your training, down-line commission and override system.
- Creativity: You get the ability to express your personality. This flexibility is even more pronounced if you market on the Internet, where you can be creative with video, audio, writing, or even interacting with others in social networking.
- Expandability: One of the distinctions of a big business owner is that, unlike a sole proprietor, your business can grow even without your direct involvement. Once a down-line is established in network marketing, residual income will continue to flow to your down-line continues to add new distributors and resulting sales increase exponentially.
- Predictability: Your success is a direct result of the work you and your down-line distributors put into the business. Work hard and make more money. My experience is that the key to success in network marketing is to treat the business like a business by putting time and effort into its growth, by improving your knowledge of marketing and new marketing techniques, by improving your interpersonal skills and your leadership skills.
Copycat Marketing 101 By Burke Hedges
Highlights from the author:
"I can still remember one of the corny jokes that used to crack up my friends and me: It takes money to make money -- you have to copy the design exactly."
“Wealth – is not just about being able to buy things, although that is a nice side benefit. True wealth is synonymous with freedom.”
“I’d rather earn 1% of 100 mean efforts than 100% of my own.”
"Old System for Success: H x N = I also called the "time-for-money trap"
H (hourly wage) x N (# of hours worked) = I (income)
Growth: 5 + 5 = 10 (linear = limited!)"
"New System for Success: T x E2 = $also called the "power of leverage"
T (time invested) x E2 (exponential growth) = $ (financial freedom)Linear
Exponential Growth: 52 = 25 (exponential = explosive!)"
"I can still remember one of the corny jokes that used to crack up my friends and me: It takes money to make money -- you have to copy the design exactly."
“Wealth – is not just about being able to buy things, although that is a nice side benefit. True wealth is synonymous with freedom.”
“I’d rather earn 1% of 100 mean efforts than 100% of my own.”
"Old System for Success: H x N = I also called the "time-for-money trap"
H (hourly wage) x N (# of hours worked) = I (income)
Growth: 5 + 5 = 10 (linear = limited!)"
"New System for Success: T x E2 = $also called the "power of leverage"
T (time invested) x E2 (exponential growth) = $ (financial freedom)Linear
Exponential Growth: 52 = 25 (exponential = explosive!)"
