Well Christmas is almost here and as a network marketing business owner, I'll be glad when this season is over. I'm looking forward to January and February, which are traditionally the best months for network marketing. People start making those resolutions and setting goals to make more money, enjoy more free time, and so on. I'm going to have a tremendous couple months and if you do some things now, you will too.
The holidays are a great time to fill your funnel - that is get people interested in your business, pass out information, mail out letters, give out samples, and build relationships on all those social marketing sites. If you fill the funnel in December, you'll see a bunch of those people join your business in January and February.
So, don't give up on your business in the next two weeks - fill your funnel.
Thursday, December 18, 2008
Tuesday, December 16, 2008
Treat Your Business Like an Investment
We all know that the real estate market is down, the stock market is unstable, and so the typically reliable places to invest money are no longer reliable. However, there is one place that you can invest your money and control the return and that's in your own network marketing business.
In 1994 I invested six weeks to thoroughly research the top 100 network marketing companies and chose the one I felt was the best for me. From 1995 to 2001 I built a large, multi-national network and a six-figure residual income. I then retired to help a friend plant a new church and became a full-time pastor. For the last 7 years I have received a full-time income from that business, even though I've done nothing in it. Now, that's a good investment!
Three months ago I launched a new business and will build another network and another stream of income, which will enhance my investment situation and prepare my wife and I for the upcoming years.
Did you know that if you build a large network that generates an income of $100,000 a year, you have the equivalent of a $1,00,000 investment portfolio producing at 10%. How long would it take to save up $1 million for an investment portfolio? For most people, it's not even possible and yet, with the right company and upline team, you could build a network marketing business that produces a $100k income within 5 years working part-time.
So, if you don't already have a network marketing business, you should start doing your research to find the right one. If you already have done the research and found the right company, then get to work and build your financial future. Pour investment money into your business and yourself and watch that investment grow!
In 1994 I invested six weeks to thoroughly research the top 100 network marketing companies and chose the one I felt was the best for me. From 1995 to 2001 I built a large, multi-national network and a six-figure residual income. I then retired to help a friend plant a new church and became a full-time pastor. For the last 7 years I have received a full-time income from that business, even though I've done nothing in it. Now, that's a good investment!
Three months ago I launched a new business and will build another network and another stream of income, which will enhance my investment situation and prepare my wife and I for the upcoming years.
Did you know that if you build a large network that generates an income of $100,000 a year, you have the equivalent of a $1,00,000 investment portfolio producing at 10%. How long would it take to save up $1 million for an investment portfolio? For most people, it's not even possible and yet, with the right company and upline team, you could build a network marketing business that produces a $100k income within 5 years working part-time.
So, if you don't already have a network marketing business, you should start doing your research to find the right one. If you already have done the research and found the right company, then get to work and build your financial future. Pour investment money into your business and yourself and watch that investment grow!
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