HUGE EXPANDING MARKET:
It doesnt matter how good you are in an industry that is eroding. A thriving market is everything in any network marketing business.
UNIQUE CONSUMABLE PRODUCT:
If you dont have a unique product, you will always be competing on price and convenience. Who has the best price and who is closest to the customer? If you are unique in your product or service people will come to you. If you want repeat sales the product should be consumable. A non-consumable product means youre unemployed until
the next sale.
TIMING:
Timing trends is crucial. Throughout all cycles of the economy there are people who are making money and losing money. The makers are those in front of the trends; the losers disregard trends. How do you get in front of large trends? You must study what creates them. Without any hesitation in todays society its the Baby Boomer generation that creates the largest trends. In the USA 70,000,000 were born during that time period and a billion were born worldwide. Why is this group so talked about? Its because they represent only 1/3 of the US population but control 65% of all the money. So what will be the next big trends? (1) Health (2) Looking Younger (3) Education (4) Retirement (5) Security (6) Money, for example. If you want to be brilliantly compensated, you must focus on industries and companies that have positioned themselves at the front.
ABILITY TO CREATE LEVERAGE:
We are not taught leverage in our society. We are taught to get a good education, build a rsum and exchange our expertise for someone elses dollars. The problem with that is if we are not exchanging our expertise were not making any dollars. So vacation time is costly! A walk around a golf course is costly; family time, although extremely important, is costly!
The definition for Leverage is an increased means by which to attain something.
One form of leverage is investing $5,000,000 dollars and earning 10% interest on it. This will yield approximately $41,000 per month in income. So whether youre walking around a golf course, enjoying a vacation or family time, you still enjoy $41,000/month in income. Youre leveraging off your money; and thats leverage that everyone would like, but few enjoy.
In the right business vehicle it takes 200% to be successful: 100% from yourself and 100% from the business vehicle youve chosen; the correct vehicle that has all four of these principles.
Kill two birds with one stone, get a link back to your blog and thatMLMbeat.com Maggie is an expert author for thatMLMbeat.com discussing various topics including: http://thatmlmbeat.com/blog/4-principles-that-place-value-on-your-mlm-business/ You can also visit her personal blog at http://maggielancy.com Best Regards from Maggie Lancy, Team thatMLMbeat and the ever so famous, emELLem jOE (movie & soundtrack coming soon!)
