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!

Rich Dad said “The richest people in the world build networks. Everyone else looks for work.” (I’m guessing they are looking to work for the owners of the networks.)

This leads to a little history of the progression of the business model that Robert offers:

First we had the classic Industrial-age model that was run like an empire with a centralized government. (Example: GM) Only the owners benefited from the wealth created.

Then in the 1950’s, a new model was introduced that nearly was voted illegal by Congress. That model was the franchise that used a network of multiple businesses all working from the same blueprint. Here the franchiser is the owner of the network and therefore the franchiser is the main benefactor, not the franchisee. (Example: McDonald’s) Dave and I know this well with our franchised business we bought in 2004. (No, it wasn’t a McDonald’s franchise)

The next step in networked businesses first began in 1960, grew more in 1970’s and 80’s and is still growing very strong today. Instead of franchised businesses, this model employed franchised individuals who own their own network. This model is network marketing. Here, all owners of their own network can create their own wealth. Dave and I are so happy to have discovered this business model and to now own our network.

Of course, the key is to build your own network. It doesn’t happen just by joining a network marketing company, you have to work to build it. Luckily, we have Metcalfe’s law to help us in that endeavor. I’ll tell you more about this in my next post as I continue to give you all the value that Robert provides in his chapter called “Asset #4 – The Power of Your Own Network” in The Business of the 21st Century.

Please comment below and tell me how excited you are to have the same advantages as Thomas Edison and Sam Walton, and how strongly you are committed to creating that same level of wealth for yourself.

I hope you can see that being the owner and builder of your own network is so much better than spending your life working for someone else’s network. If you have any questions about network marketing, please feel free to leave a question and I’ll get you the answer.

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