There are a couple of things that have helped me mature and grow my business in network marketing (or MLM). These ideas are not new, but when I make them part of the culture of the organization, they really have helped in growing a very sustained passive income business.
Firstly, think in terms of multiplication, not “addition and subtraction”. Whilst most people know the importance of compounding and duplication, many of them that I come across tend to focus on getting numbers. Getting numbers is definitely good, but making duplication work even with smaller numbers is actually even better. People come and go for various reasons. It is duplication that can make a lasting impact on the business. A successful business can be as easy (or difficult) as finding 2-5 serious people and teaching them to do the same. Period.
Secondly, think in terms of building a residual income stream, not just extra income. How often do we tell our new people how they should look at the first cheque they receive in the first month? Earning residual income is like earning interest on money in a bank. Taking interest rate at 3% per annum, a first cheque for as little as $50 could mean that you have effectively built a $20,000 deposit in the bank. And $500 a month would mean $200, 000 in the bank….and so on. Is this “pool of money” worth working for? It is your choice. 
Network marketing (or MLM) is a people business. I find it fascinating because it makes me think more about people, about others, about myself, about relations, about human nature, about love, and about life….more so than any other things I do in the past. It is a good way to learn how to lead a happier life, and build better relationships.
In the spirit of the late Nadine Stair, we cannot go wrong, can we?
“I’d make more mistakes next time. I would be sillier. I would take fewer things seriously. I would take more chances. I would climb more mountains and swim more rivers. I would perhaps have more actual troubles, but I’d have fewer imaginary ones……. I would travel lighter than I have. I would pick more daisies.”
If I can pick more cash as well, even better.
Live Life, Junius.
p.s. Thanks to my friend Danny, I had the opportunity of viewing Tim Sales’ latest video recording on Brilliant Compensation. I find it an incredible educational tool on the subject of network marketing (or MLM). The video lasts for about one and a half hours, but the time is definitely worth spending for. You can click on the link and check it out for yourself.
Filed under General, family, leisure, relations, self improvement, spiritual, true wealth by .
The internet is such a wonderful place. You only need to start with a word and it could take you to places that you couldn’t even dream of.
I don’t know how I started it but I ended up tumbling across this piece of inspirational story earlier today. I would like to share it with you in case you haven’t seen it. It reads:
When the late Nadine Stair of Louisville, Kentucky, was 85 years old, she was asked what she would do if she had her life to live over again.
“I’d make more mistakes next time,” she said. “I’d relax. I would limber up. I would be sillier than I have been on this trip. I would take fewer things seriously. I would take more chances. I would climb more mountains and swim more rivers. I would eat more ice cream and less beans. I would perhaps have more actual troubles, but I’d have fewer imaginary ones.
“You see, I’m one of those people who live sensibly and sanely hour after hour, day after day. Oh, I’ve had my moments, and if I had to do it over again, I’d have more of them. In fact, I’d try to have nothing else. Just moments, one after another, instead of living so many years ahead of each day. I’ve been one of those persons who never goes anywhere without a thermometer, a hot water bottle, and a raincoat. If I had to do it over again, I would travel lighter than I have.
“If I had my life to live over, I would start barefoot earlier in the spring and stay that way later in the fall. I would go to more dances. I would ride more merry-go-rounds and I would pick more daisies.”
It is such an uplifting piece. I think we need more of this more often. Let’s talk up the economy. Let’s open up, loosen up, and look up to the brighter side of life. The world is only as beautiful as we can imagine it.
Besides, as the old saying goes: at time of adversity, there is always good opportunity.
Live Life, Junius.
p.s. the reference to Nadine Stair is found on the
Great Inspirational Quotes
Filed under General, family, leisure, self improvement by .
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