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I Could Not Have Been More Impressed!
I have to tell you about the first full scale annual convention that Dave and I went to in Dallas. Our Company did not hold anything back for all 15,000 of us that filled the American Airlines Center.
The energy level of our Company leaders and all 15,000 associates was beyond compare. You can be told what such an event is like, but until you are there for yourself, you really don’t have a clue. The training you receive from the top leaders in that unique atmosphere will change and grow your business in profound ways.
Every person we met felt like a well-known longtime business associate. It’s so nice to socialize with a great group of people that are going in the same direction we are going and are so willing to help us! Dave and I sure didn’t experience that in our old jobs. I came to the strong realization that we’ve made the right decision when I was among 15,000 other people who made the same decision and don’t regret it for a minute.
Speaking of meeting great like-minded people at our Company convention, we met Nancy Burke Barr there in Dallas. Many of you who are in TSA know Mentor Mama very well. We met her through TSA and then learned she was in our primary business as well. She found us in Dallas and we enjoyed a dinner out filled with great conversation that benefited all three of us. Here’s a video of this amazing in-person connection with Nancy Burke Barr in Dallas along with tidbits from the convention:
One portion of the convention that has so sealed my belief in our Company was Read more…
Let me repeat that title “If you aren’t good at selling, you can succeed!” If you are already in a good networking marketing company with the right training, you know exactly what I’m referring to. If you are not in network marketing, you may think I’m off my rocker. Well that may be true, but I’m not good at selling and yet I know I’ll succeed in my network marketing company.
Ok, some explanation. The reason network marketing companies succeed is because those involved don’t have to be good salespeople. If fact, being a good salesperson is detrimental to building a large network. Why is this so? Most people are not good at selling so if you are a good salesperson yourself, you will find very few people who can duplicate your efforts. And as Robert Kiyosaki points out in his book The Business of the 21st Century, duplication on an unlimited scale is essential for creating a strong and large network. (Robert‘s Asset #5 of 8 you gain from Network Marketing is “A Duplicable, Fully Scalable Business”)
As you work to build your network, your team will look to perform the same tasks that you perform as their leader.If the tasks you are employing can not be completed by the average person, they will choose not to do the tasks and therefore, in most cases, not do anything.
Network marketing offers you an ideal way to build your own network (remember it’s the rich who build networks and the rest who work for the rich!) and you can harness the power of Metcalfe’s Law to do just that. Robert Metcalfe, a founder of 3Com and one of the creators of the Ethernet is credited with creating an equation that defines the value of networks.
Metcalfe’s Law is: V = N squared
This means the network’s economic value to the network owner equals the number of the network’s users squared. So as you add partners to your network, its value increases exponentially.
To begin to use this law, you start with finding a person who wants to duplicate your skills to build their own network. As soon as there are two of you, the economic value of your network is squared to 4. When you add another person who will duplicate your efforts, now your network’s value is 9. Now here’s comes the explosive part, as the two people you partnered with go out and find two more people each who duplicate their efforts and that trend continues with proper duplication, the economic value of your network takes off. And, of course, you will continue to find more dedicated people who see the opportunity to build their network and are committed to duplicating your efforts. When you successfully do that, the sky can be the limit.
Please note here though that I kept saying Read more…
We all know some famous rich people who have become wealthy as a result of the network they built. We know Bill Gates (Microsoft), Sam Walton (Walmart) and Jeff Bezos (Amazon).
Robert Kiyosaki’s Rich Dad had a hero who became very rich by building his own network. This man is better known for the product he perfected, but really became rich because of the network he built across the world. Even today, many of us think Thomas Edison invented the light bulb, but in actuality he only improved and perfected the light bulb. His true stroke of genius was to create a company
that strung electrical lines that allowed the light bulb to penetrate society. His network made him, Thomas Edison, a multimillionaire!
Most of us are not a Thomas Edison, a Bill Gates, a Sam Walton or a Jeff Bezos, but we want to create the same wealth for ourselves. Robert Kiyosaki in his book The Business of the 21st Century, makes the valid point (his Asset #4, The Power of Your Own Network, that you gain from Network Marketing) that Network Marketing offers millions of people the opportunity to build their own network and create the same wealth created by Thomas Edison and the rest of the famous multimillionaires!
Who is in your Circle of Friends? You may have never asked yourself this question before, but it is a vital question to ask. This question, as you may have already guessed, matters most if you want to become rich.
(I still love Pooh Bear and especially Eeyore, don’t you?)
There is some excellent guidance on this subject as Robert Kiyosaki’s Asset #3 that you gain from your involvement in network marketing. He actually has eight assets you gain as he describes them in his book The Business of the 21st Century.
Robert, like many others I’ve heard, says that your income will tend to average the income of your five closest friends. So if you want the average income of your five closest friends to be a sizable amount, Read more…