4 Different Types of Network Marketing Companies: Understanding the Difference Will Help You Win!

4 Different Types of Network Marketing Companies: Understanding the Difference Will Help You Win!

ChoosingMLM 4 Different Types of Network Marketing Companies: Understanding the Difference Will Help You Win!Network Marketing is an extremely profitable multi billion dollar industry that has become a common alternative source of income for people who are suffering during these tough economic times. Chances are you are considering joining an MLM company and if that’s you, you may be wondering how to find the best network marketing company for your individual needs. Before you can determine this, you must understand the various types of network marketing companies and how they function. Understanding the difference will help you make an educated decision on which type is right for you. By choosing the right MLM wisely from the start, you will save yourself from partnering with the wrong multi level marketing companies, which will surely help you win in MLM long term.

The strength of Networking Marketing - MLM

1.The Win-Win Business:When you sponsored someone to join busines and they succeeded,you succeeded also.

2. The No-Risk Business:Small amount of invesment,no need to invest in assets such as building,land and equipments(All are dept).But you invest in people(people’s assets),relations,friends and beneits upon the obligation.The benefits come from The Total Income of network some people call “Passive Income”(It’s means that income came from the others although you stop to work but your still have income)

3. To design working time by yourself: No need to go to work at 8.00 am. and back home at 5.00 pm.,no need to ask for permission to have annaul leave.You are the Boss of yourself...Time Freedom!

MLM

Multi-level marketing (MLM) :

Multi-level marketing (MLM) (also called network marketing) is a term that describes a marketing structure used by some companies as part of their overall marketing strategy. The structure is designed to create a marketing and sales force by compensating promoters of company products not only for sales they personally generate, but also for the sales of other promoters they introduce to the company, creating a downline of distributors and a hierarchy of multiple levels of compensation in the form of a pyramid. The products and company are usually marketed directly to consumers and potential business partners by means of relationship referrals and word of mouth marketing.[6]

What I Wish I Knew When I Was 20 - Tina Seelig

Tina Seelig is the Executive Director for the Stanford Technology Ventures Program, and one of the most truly brilliant and creative people I have ever met. In addition to a PHD from Stanford Medical School in Neurology, she's written many books, educational cards for kids, and is a serial entrepreneur. I recently listened to this talk she gave at Stanford, and then played it again just to take notes. She has great advice for those legions of young women and men starting out their careers, including (my notes in italics):

1) Every problem is an opportunity for a creative solution. Attitude is everything and you control your attitude. The bigger the problem, the bigger the opportunity. No one will pay you to solve a non-problem. Tina has some great examples of a money-making challenge she gave to a bunch of her students. They're fun to listen to because they so clearly demonstrate how easily we can go beyond our self-limiting constraints.

An Expert Review of The Business of the 21st Century: Robert Kiyosaki

In this great book Robert openly endorses once again Network Marketing and explains why he thinks being involved in this industry is the best way to make the switch from the employee and small business owner/ specialist ( Es and Ss) to the Big Business (B) and investor (I) side of the cash flow quadrant. Here are some of the topics he covers:

-Technology + Outsourcing = Job Loss

-Big Business means either 500 employees or $10 million in gross income

-People helping people and spreading the wealth to as many people as possible

-People Development: Pushing your network up instead of bringing them down

-Build a network of people…build an asset!

-Real world business education. If your network don’ t succeed, you don’ t succeed. In corporate America you get fired

-5 year commitment, scalable and global. You have to be a great leader, a role model anddevelop your leadership skills

-There are 4 basic people in the world: people who must be right ( narrow-minded/ barely change/ they know everything), people who must be comfortable ( their house is burning down but they are too lazy to get up), people who must be liked (they do things to please everyone and to fit in) and people who must win (they will do everything in their power to reach success no matter what)

-Es & Ss work for money and trade time for a paycheck while Bs and Is build assets and real assets are real wealth. In this case, your network is your wealth or networth

-Wealth is not measured in money but in time. Wealth must become infinite, meaning that even if you don’t work you still get paid from your passive income ( real estate, stocks, options, network marketing business, etc)

-When choosing a company, leaders must be first and product second

-It’s not about selling…It’s about leading your tribe to duplicate your results

-It takes action (Overcome Analysis Paralysis) and time (10,000 hours to become really successful)

-Don’t think- Act!

-Master Financial Literacy: You must develop the skill set and knowledge to make informed and effective business decisions

-During this tough times real entrepreneurs get ahead financially

-The rich are always looking forward to tough times

-This is the biggest financial crisis in the history of the world. It is greater than the great depression in 1929 because for the first time you are competing with people who do your job for pennies (outsourcing), plus today you can also replace people with technology. The industrial age is OVER, welcome to the INFORMATION AGE!

-Students are loaded with student loans and no jobs. Safe, secure job – Obsolete idea

-Tax, debt, inflation and bad investments (401k and mutual funds) = Poor Side

-Word of mouth, referral marketing and viral marketing = Best Advertising Channel

-Mindset + Skill set ( leadership, business education and training) + Action (make things happen and execute)= Big Business

-This is a personal development business: winning is the joy of life

P.S. “Your net worth is determined by your network” Robert Kiyosaki

Arturo E. Bermudez
Entrepreneur

http://arturobermudez.com/?p=137

The Business of the 21st Century Review

Review of Robert T Kiyosaki‘s latest book, The Business of the 21st Century by Seth Lefferts

Are you ready to get excited about the business of the 21st century? Seriously, I mean really excited!? I am and I am. I am very excited! It was many years ago that I read a book by Robert T Kiyosakicalled Rich Dad, Poor Dad. To my horror, I had just made a decision a few months earlier that was entirely against the concepts of this amazing book. I had the misguidance to take a nice sum of money that I had received from trading stock options and I used it to pay for two years of my kid’s college, the down payment for a house, pay off a car loan, and buy a bunch of furnishings for the house. In other words, I spent it.

I did some great things with it: true. I used it wisely: false! After I read the book I realized that I could have invested the money, using the dividends to pay for these things over time. Then, when all was said and done, I would still have had the money ready to work for me in other ways. I was a Poor Dad: true. I have been an Employee most of my life, and now have been Self-Employed for the past few years with my own consulting business. It has generated a very nice income, but my outgo pretty much matches it, so I am really not much better off because of it. I just look and act affluent!

It was a painful lesson that I have been looking to correct for all of these ensuing years of working the JOB – just over broke – as someone else’s “slave”; well, the truth be told, me being a slave to the bills that I am generating. I am just trying to pass the blame onto someone else! But, in the end, it’s just me.