Thursday, January 15, 2009

US foreclosure filings up 81 percent in 2008

Yahoo News reports: "WASHINGTON – More than 2.3 million American homeowners faced foreclosure proceedings last year, an 81 percent increase from 2007, with the worst yet to come as consumers grapple with layoffs, shrinking investment portfolios and falling home prices."

The future is looking very bleak for many people. Foreclosures are up, bankruptcies are up, unemployment is up, the stock market is operating like a roller coaster, and the forecasters are saying that 2009 isn't going to be any better.

What they don't know and understand is that it's going to be one of the best years ever for the network marketing industry. It's been reported that during the great depression there were more millionaires created than in any other single period of time in the U.S. history. Now, we aren't in a full blown depression (yet), but we are in a major economic downturn that is spiraling further down and network marketing prosperes in this kind of market.

If you have a network marketing business, you've got the answer to the woes of many people in your area. In other words, there are many more people than normal who are in the "looking zone." They are looking for a solution to their financial struggles and fear about the financial future and you've got it. It's time to start sharing your business with everyone you know.

A few months ago, I jumped back into network marketing after being retired for seven years. I had built a large international network between the years of 1995 and 2001 and then retired with a lucrative full time income. I've been enjoying the time and financial freedom ever since. But as I began to see the signs of this economic collapse, it became clear to me that I was going to need another stream of income, so I'm back in the game.

This time around, I've found it very interested that so many more people are open to looking at my business. I'm sure you will find the same thing, if you just get out of your comfort zone and start talking with people. Ask them, "are you open to ways to bring additional income into your household?" OR "would you be interested in looking at a way you could increase your income?" OR "with this major downturn in the economy, it just makes financial sense to have multiples streams of income - do you?" If these questions don't work for you, come up with your own. The key is to ask a question that will begin a dialog where you can present your business as a solution to the financial situation both now and in the future.

It's time to turn off the television (there's nothing worth watching anyway), minimize the distractions, put the blinders on and start building your business. If you're with a good company that is going to be around for many years to come and you just work hard and smart for the next couple years, you will be very wealthy and enjoy an amazing financial future. The timing is perfect. Are you going to catch this wave or stay in your comfort zone and miss out on probably the best opportunity you will see in your lifetime? The choice is yours! I just hope you make the right choice.

Rod Nichols
Author, The Twelve Power Secrets for Network Marketing Success
http://www.rodnichols.com/
http://www.hopefinancial.biz/

Wednesday, December 31, 2008

Billionaire Blowups of 2008

Forbes just ran a story about how all the billionaires lost a lot of money in 2008. Here's a quote from the article:

"Dozens of the world's wealthiest lost billions in recent months, but these 10 distinguish themselves for some of the biggest flops. It was a dreadful year for the world's wealthiest as markets and currencies around the world tumbled. More than 300 of the 1,125 billionaires we tallied on our annual list last March have since lost at least $1 billion; several dozen lost more than $5 billion. The 10 richest from our 2008 rankings dropped some $150 billion of wealth, dragged down by steel tycoon Lakshmi Mittal, estranged brothers Mukesh and Anil Ambani and property baron K.P. Singh, who together dropped $100 billion. America's 25 biggest billionaire losers of 2008 lost a combined $167 billion." You can read the whole article by clicking HERE.

We are heading into a new year and it's time to start thinking about what we are going to do in this new year. The economy will not likely get any better. In fact it may never get better. So, it's going to be important to your financial future and mine for us to develop multiple streams of income.

From 1995 to 2001 I built a large international network marketing business and then retired. I've been enjoying time and financial freedom for the last 7 years, but am now reconigizing that the future is going to require more and so I'm back building another huge network, which will generate another stream of residual income. I'm also working with a few affiliate programs and doing some distribution of books, that will add more streams of income.

I hope you have plans to do the same in 2009. This is going to be a difficult year for those who are steeped in the current economic system. However, it's going to be a very prosperous year for those of us working outside the box. So, get out of the box and let your creativity go wild. You're going to need it in the coming years.

Have a safe and blessed New Years! See you next year.

Rod

Sunday, December 28, 2008

Goal Achievement

The first of the year is always a time when people evaluate their lives and plan changes. As a network marketer, it is important to set your annual goals and develop a plan to reach them. Here is a system that I learned many years ago, that has helped me achieve many of my lifetime goals.

The first step is to have a PURPOSE. Purpose is the reason you are striving toward something. It's the why for "why" for what you do. Your overall purpose is what God intended you to do here on earth. For instance, my purpose is to help people live happier, more fulfilling lives. I know this because I was given the talents to write and speak effectively. I also get a great deal of enjoyment out of helping people, even when there is no financial remuneration. You can also have a purpose for your network marketing business. For example, your purpose might be to achieve time and financial freedom.

Once you have determined your purpose, you should write it as a statement: My purpose is . . . at the top of a piece of paper.

Now you're ready to set some goals based on this purpose.

Goals are really the stepping stones on the way to your purpose. All your goals should revolve around and contribute to your purpose. Plus, there are some rules when setting goals. First, they must be written. Goals in your head will never be achieved. Goals on paper have a fighting chance. Second, your goals must be S.M.A.R.T.

S = Sincere. You must believe in your goals and they must fit your purpose.

M = Measurable. Your goals must be measurable in order for you to know when you've achieved the goal.

A = Accessible. Your goals must be achievable under your current circumstances, knowledge, and abilities.

R = Realistic. Your goals must be realistically achieved within the time frame you have.

T = Timely. Your goals must all work together and not conflict with each other. Goals must have the right timing in your life.

You should start the year by writing SMART goals for four areas in your life: Spiritual, Family, Business, and Personal. If you don't have much experience with goal achievement, I would suggest that you set no more than 2 goals in each area. Each goal should be written in the present tense, as if you had already achieved it and should contain as much detail as possible.

For example, if you're business goal was to recruit 50 people by December 31, 2009, you would write: "It's the last day of December and I have achieved my goal of recruiting 50 new distributors this year. Many of them are very motivated and have already built networks of their own. It's fun to have all these new friends helping me build my business, while I help them build theirs." Write these goals on your piece of paper (the one you wrote your purpose on) under your purpose statement.

Once you have your goals set, it's time to develop a plan to achieve the goals. The first step is to determine the steps or activities necessary to achieve the goals. In our example above, recruiting 50 people this year, some of the steps would be: make up a list of prospects, prepare an information package, mail the information package to the first 20 on my list, call to let them know the information is in the mail and to set up a follow-up call, do the follow-up call, sign them up or provide more information, follow-up until the sign up. Write the steps under each goal on your piece of paper.

Once you have the steps written for each goal, then start to plan these activities into your daily schedule. The best way to do this is to review your purpose, goals, and steps each day. Determine what time slots you have available, prioritize the steps/activities and fill the time slots with your highest priority steps/activities.

Then complete these steps/activities every day. If something of a higher priority comes in during the day and you can't complete a step/activity, transfer it to the next day. Make sure you re-prioritize each day to ensure that you are working on the most important things at all times.
Do this activity, follow these steps throughout the year and you will achieve the majority, if not all of your goals for the year and next year at this time you will look back on an awesome year.

Tuesday, December 23, 2008

Secrets of the Greatest Network Marketer

The greatest network marketer was born into extreme poverty. His parents were very young and had little in the way of material wealth. However, they were loving parents. His father was the carpenter in their small town and so as the greatest network marketer grew, he learned the trade. When his father died at a young age, the greatest network marketer took over the family business and excelled. He was very good with people and produced excellent work. People traveled from far and wide to see his work and to hear his great wisdom. This young man captured the hearts of many.

As time went on, he discovered another calling – networking. His Upline taught him the true art of networking and very quickly he had recruited twelve front line people. Most of them were truly diamonds in the rough, so the greatest network marketer had to spend many hours teaching them the fine art of networking that had been taught to him by his Upline. Each day he would go out to the common areas of town and conduct an opportunity meeting to attract new people. He was so on fire with enthusiasm that people came from miles around to learn from him. They loved to hear him speak and he loved to teach them about networking. Many joined his network and it began to explode into momentum.

The greatest network marketer understood that he could not possibly train all these new people, so he continued to meet with his twelve frontline people and taught them how to train the others and how to train them to build a network and train their people. By this time the greatest network marketer was traveling from town to town doing opportunity meetings and training those who joined. One of his greatest attributes was the ability to quickly develop leaders who could carry on the work when he was not there.

The greatest network marketer had achieved great success and was reaping the benefits. Unfortunately this attracted the regulators, who were very much like the regulators of today and did not understand networking. In today's world, the regulators just fine people and force them out of the networking business, but back then, if they didn't like what you were doing, you were jailed or executed. The regulators were jealous of the greatest network marketer’s following and great wealth and so they sought ways to trap him into making income or product claims that were against the law. However, the greatest network marketer always operated with the highest level of integrity and never made any claims. This frustrated the regulators and so they plotted to sabotage his work through false testimony. They paid people in his downline to say bad things about him and claim that he was breaking the law. These false claims enabled the regulators to finally arrest and eventually execute him. They thought that with the greatest network marketer gone, his network would quickly fall apart and their worries would be over. However, the greatest network marketer had instilled a great sense of purpose in his leaders and so they continued on with the work. Today the greatest network marketer has millions of people in his worldwide network.

This fictional story is loosely based on the greatest network marketer ever, Jesus Christ. During this CHRISTmas season when we celebrate His birth, we need to remember that we are celebrating the birth of the greatest network marketer ever. There is much we can learn from the way that He built his worldwide network - his loving nature, patience, persistence, focus, and ability to build strong leaders. I built my last network based on the principles that Jesus teaches in the Bible and it has stayed strong, even though I haven't worked my business for 7 years. I encourage you to study the life of Jesus in the gospels of Matthew, Mark, Luke, and John in the Bible. If you don't have a Bible, pick one up at any Christian bookstore - I recommend that you start with either the New International Version or the New Living Translation, as they are easier to read. I know that you will be surprised at how much you can learn from studying Jesus and your life (and business) will never be the same.

Thursday, December 18, 2008

I'm Filling the Funnel

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.

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!

Monday, December 8, 2008

Business Promotion Ideas for the Holidays

As I mentioned in my last post, the holidays can be a very slow time in your business, but that's really up to you. If you slow down, your business will slow down. However, if you promote throughout the holidays, your business will continue growing. Here are some simple ideas for promoting your business in the coming month:

1. Annual Christmas Letter - if you send out an annual Christmas letter, mention that you've started a new business and that you are helping other people earn extra money, replace jobs they hate, and enjoy tremendous tax savings. If you don't already send out a letter, this might be a good reason to do so.

2. Christmas Cards - include a note in your Christmas cards about your new business. If you had just opened a restaurant, you would proudly announce it to all your friends and family, so it shouldn't be any different with your network marketing business.

3. Christmas Gifts - if you have something that your network marketing business offers, use it as your Christmas gift to co-workers, neighbors, people you attend church with, etc. Many companies offer Christmas packs that are decorated and at a special price. Often, they will even ship it for you.

4. Christmas Shopping - whether you like Christmas shopping or not, it's something we all have to do. Dread the mall? Well, now you can use this time to promote your business. Bring along a bunch of business cards that direct people to a web site and as you encounter sales people at the various stores, give them a card and say something like: "You're sharp and I'm sure that (name of the store) isn't paying you nearly what you are worth, so I'd like to talk with you as soon as possible. Call or e-mail me as soon as possible." If they ask what it is, give them the company name and direct them to your web site. Let them know that you don't want to take up their work time, but would be happy to answer questions when they call. The less you tell them, the greater their curiosity and if they are curious, they will call or e-mail. Not many will, but this is a sifting process, so those who do are your best prospects.

Hope these help you have a happy and prosperous Christmas season.

Wednesday, December 3, 2008

Growing During the Holidays

Most network marketers go into mental hibernation during the holidays, but the top income earners know that this is the best time to build. Think about all the Christmas parties you will be attending and all the potential distributors/associates you will meet. If you are prepared, you will discover that there are a lot of people looking for a way to make some extra money during the holidays.

Okay, so here are some tips:

1. Start conversations - have some ready questions such as: "What do you think of this crazy economy?" "I never thought I'd see the day when financial institutions were failing - can you believe it?" "Have you been affected by any of that?" "And can you believe all the layoffs?" "There are going to be a lot of hurting people out there - are you facing layoffs in your company?" "This is the toughest holiday season I've seen in years - most people are scrapping by and don't have extra money - you probably know people who are really struggling?" The idea behind the questions is to help them see the pain in their own lives and others, so that later you can bring them a solution - your network marketing business.

2. Use F.O.R.M. in your conversations - The F stands for Family - so ask questions about their family. The O stands for Occupation, so ask questions about their work. The R stands for recreation, so ask about traveling and hobbies. The M stands for Money, so ask about how they are feeling about the economy, good investments they have found, and their feelings about the future. Again, you are stirring up pain areas that can be alleviated by your business.

3. Have samples and marketing materials in your car - Be ready at all times. You never know when you are going to meet your next top distributor. If you find that they are interested, run out to the car and bring them in some information and then set up a follow-up time by phone or in-person.

If you do these things during this Christmas season, even if people don't join you until after the first of the year, you will have a great launch for the new year and be way ahead of all those people who took a break. Remember that if you don things now that others won't, you'll be able to do things later that others can't!

Have a great and prosperous Christmas season.

Rod

Friday, November 21, 2008

Are Your Protecting Your Future?

In a Business Week article published today (21st), Dell is praised for laying off over 8900 people, asking people to take unpaid holiday leave, and accept severance packages for leaving the company early. You can read more about it here.

We've got an acquiantance who's husband just got laid off after 32 years with the same company. No severance package - Just a we've used you enough and now we don't need you anymore attitude. His family is devastated.

I mentored a 62 year old man who had worked for the same company for over 30 years and was 3 years from retirement with a nice pension that would take care of he and his wife the rest of their lives. Unfortunately, the company went bankrupt and he lost all of his pension.

Are you protecting your financial future by building a network marketing business? If you aren't, you should and if you are, I commend you. Network marketing is one of the few industries that will thrive in this economic downturn. Plus, it's just about the best investment out there. You invest your time and money into building a business over the next few years and you can live off the income the rest of your life. That's the power of residual income and you don't have to worry about whether the stock market is going up or down - you decide how big an income you want.

I've been in this industry for 29 years and I've never seen a better time to build a network marketing business. Everyone is looking for something - a way to make more money, a way to recapture the money they've lost in the stock market or their retirement program, a way to secure their financial future, so that they don't have to work at McDonald's at age 70 just to pay the bills. Now is the time to build. Put the blinders on, get out of your comfort zone, and build a big business. A few years from now, you'll be glad you did!

Have a great weekend!

Rod Nichols
www.RodNichols.com
FREE Network Marketing Newsletter
and articles.

Thursday, November 20, 2008

Two Types of People

Hello Friends,

In my 29 years of network marketing, I've found there are two types of people - those who make excuses (or blame) and those who make money. Network marketing creates an equal opportunity for everyone. The circumstances of your life don't matter, as I've met network marketing millionaires from 18 to over 80, both men and women, all ethnic groups, college educated and didn't finish high school, business background and no business back ground, and all walks of life. Anyone can be successful in this business.

The key to success is you. Are you going to make excuses - not enough time, not enough money, don't know enough people, aren't good with people, can't do presentations, need to be home with the kids, afraid of what people will think or say - those are just a few that I hear regularly and when I hear them, I immediately know that those people are not going to make money. I also hear a lot of blame - no upline help, sponsor didn't put anyone under me, company doesn't supply training, system doesn't work, blah blah blah. Again, I know that this person isn't going to make any money.

My first 10 years of network marketing I was a miserable failure. I did everything wrong, but I learned from each experience and then used what I learned to build bigger networks each time. For the last 7 years I've been retired and living off the residual income from my last venture. I never made any excuses or blamed anyone and the result was that I made money. Now, I didn't have any upline support, no one sponsored anyone under me, there wasn't a training system, and at the time I was working a full-time corporate job and had five children at home. There were plenty of opportunies for excuses and blame. Now, don't get me wrong, I did plenty of blaming and making excuses in the past, and I didn't make money, but I learned and I hope you will too.

I'm now excited to be back in network marketing and building another large network and stream of residual income. In these crazy economic times (and it will get worse), it makes sense to have multiple streams of income. I've learned to watch my tongue, as it can get me in a lot of trouble. There is a great little book called Hung by the Tongue that every network marketer should read. I believe that more businesses are destroyed and dreams dashed by the tongue than for any other reason. There is power in what you say. The Bible says that there is life and death in the tongue. Are you speaking life or death to your business? If you're complaining all the time, then you are speaking death to your business. The Bible also tells us that we should speak things that are not, as though they were. So speak about your business and future as you want them to be, not as they are now. Your mind will move toward that dominant thought and the coordinating actions will take you to success.

I want to see everyone of you succeed in network marketing. It doesn't matter to me whether you are with my company or on my team; I just want you to succeed, so feel free to e-mail me by clicking HERE to ask questions or get some minor coaching. Also, please share with me your network marketing success stories. I'll share some of them in my blog.

Have an awesome day!

Rod

Thursday, November 13, 2008

I'm Baaaaaaack

Just back from sunny California (I live in rainy Washington State) where my wife and I were attending a large network marketing conference. Over 2000 people traveled from all across the country and paid $150 per person to attend the conference. In the world outside of network marketing, people are barely leaving their homes to go get a gallon of milk. Because of the doom and gloom in the media, they are operating in fear, but those who are in the know are joining network marketing companies and investing in themselves. Network marketing is going to be one of the few industrys that explodes during this economic downturn. Tens of thousands of people are going to make a fortune, while the rest of the people are home watching Dancing with the Stars or Are You Smarter Than a 5th Grader. We decided to come home, cancel our cable, and go on a sponsoring rampage. How about you? Which group are you in - the one who is operating in fear or the one who is stepping out in faith?

Wednesday, November 5, 2008

Watch

Watch your thoughts; they become words.
Watch your words; they become actions.
Watch your actions; they become habits.
Watch your habits; they become character.
Watch your character; for it becomes your destiny.

Monday, November 3, 2008

It’s Finally Time to Vote

I don’t know about you, but I’m really tired of the endless political commercials, the speeches, and the media coverage. I’m glad that tomorrow (Tuesday the 4th), we finally get to vote. This election, as all before them, will have a huge impact on our future income. But did you know that you have the ability to vote every day and have an impact on your financial future?

Since you are in network marketing, you have the opportunity every day to vote to give yourself a raise. You can look in the mirror and say, “I vote to give you a raise!” Then you go out and make it happen. What impact would it have if you went out today and sponsoring one new person into your business? What would happen if you did that for five days a week during the next year? You’re network and income would explode. Okay, so let’s say that you only sponsor 1 person a week; that would still be 52 new associates in your business in the next year. If each of them just sponsored 1 a month during the following year, you would have another 624 new people join your team. What a huge impact, by just sponsoring 1 person a week.

Okay, I can hear you saying, “But, how do I sponsor 1 person a week?” The key is to fill the funnel. Think of your business like a funnel. There’s a big opening at the top and a little opening at the bottom. You have to put a lot of people in the top to get a few coming out the bottom. Your company may be different, but industry averages are about 10% of the people you present to will join. The better you get at presenting and follow-up, the higher the percentage of people joining. However, let’s just work with the 10%. If you’re going to sponsor 1 person a week, you’ll need to present your business to at least 10 people. You can present to those people one-on-one or in groups or use tools. I recommend using tools like web conferences and DVD’s. If you have a really good web site, you can use it as well. The key is to get the person to commit to looking at information and then set up a time to follow-up. Remember that the odds say that 1 out of 10 will join, so don’t be concerned about those who say no. Just keep following up until you find your yes. There will be times when you even run through 10 people without a yes, but in the next 10 you’ll sponsor 2, so keep contacting people, asking them to check out the information, and then following up.

Once again, I hear you asking “where am I going to find all those people?” Another good question; with an easy answer. They are all around you. Some will be people you know well – relatives, friends, neighbors, co-workers, people you go to church with, people that are in organizations with you, etc. Others will be people you see on a regular basis – bank teller, grocery clerk, owner of the dry cleaners, people at the quick lube place, people at the tanning salon, people at the club where you work out, your attorney, accountant, insurance representative, etc. Then there will be people you encounter in your every day life – strangers who are just waiting for you to come along and present them with the solution they’ve been seeking and even praying for. How many people do you encounter every day – probably more than you are even aware. The key is to have a way to engage them and here are some ideas that work:

Hand out samples – if you have a product that can be sampled, offer samples to people like they do at Costco. People flock to free samples. If they respond favorably to the sample, give them some information and set up a time to follow-up (which means you need to gather their contact information).

Questions – asking a quick question will help you get them engaged. How about “Have you ever heard of (your company or product name)?” They say no and you give a quick explanation (30 to 60 seconds at most), followed by another question like, “does it sound like something you’d like to know more about?” If yes, then provide them with information and set a time to follow-up. Another great question is, “do you keep your eyes and ears open for ways to make additional money?” If yes, provide them with information and set up a time to follow-up.

DVD/CD handout – ask “are you interested in a free DVD/CD?” If yes, explain that it shows them a way to make some extra money and ask if they are interested in that. If yes, exchange the DVD/CD for their contact information and set up a time to follow-up.

If you consciously work your business every day, you should be able to get information into the hands of at least 10 new people and through effective follow-up you will recruit your 1 person a week and watch your business and income absolutely explode!

Tuesday, October 28, 2008

Kiyosaki Helps You Generate Leads

In today’s market place it seems that thousands of people are trying to get your attention, screaming that they have the BEST BUSINESS OPPORTUNITY IN THE WORLD!

Who should you believe?

The simple answer is look for CREDIBILITY!

Unfortunately the internet is full of scammy programs and people that are trying to teach you how to do, something they have never done.

I can count on one hand the number of true, credible experts, that I buy into 100%. On that short list you will find the name Robert Kiyosaki. You probably know him as the author of the Rich Dad Poor Dad series. Walk into any bookstore in the world and you can find an entire section of Rich Dad Poor Dad books. You may have seen his popular Cash flow TV show.
Today I have a very special offer for our readers. I am very excited to be able to offer you Mr. Kiyosaki’s best selling full length audio cd “The Perfect Business” free of charge.

You can get all the details on this credible cd right here:http://www.automaticprospectingsystem.com

You don’t want to miss out on this extraordinary offer click the link below, right now!http://www.automaticprospectingsystem.com

Saturday, October 25, 2008

J.O.B.

Today's AP Headline: Chrysler slashing 5,000 jobs as sale talk goes on.

Are you relying on a job to secure your financial future? Better think again. JOB stands for Just Over Broke or Journey of the Broke. AND in these current economic times, jobs are even less stable than they've been in the last few years.

It's time to take control of your financial future and the only way you can do that is by starting your own business. If you have a lot of money, you could invest in a proven franchies like McDonalds, Burger King, or Wendys, but most people don't have the multi-millions of dollars it would take to do that. If you have $20,000 to $50,000 you could start a more traditional business, open a restaurant or retail store, but again, most people don't have that kind of money just sitting in the bank. Plus, the difficult part is that all of those businesses are going to be affected by the down turn in our economy.

Your best choice in business is network marketing. It is one of the few types of business that isn't impacted by a negative economy. In fact, it actually prospers during recessionary times. Why? Because, when times are tough people are looking for ways to make extra money and network marketing is a great way to do that.

Your investment to get into a network marketing business is likely going to be under $500 and that will include some product that you could use yourself or sell for a profit. If you are with a good company with a responsible upline, you will have excellent training and support available to you, so you don't have to try to figure it out yourself.

There are over 3,000 network marketing companies out there right now and more emerging weekly, so your first task is to find the right company for you. Click on this link to read my article How to Choose the Right Network Marketing Company. There are lots of good companies, a few rather risky ventures, and a bunch of really bad companies that you want to avoid like the plague. Reading my article will help you find that right company for you, your personality, and your budget.

Next, you need to do the things that the top income earners do. Now, you could spend hundreds, maybe thousands of hours interviewing top income earners and studying how they do business or you could invest $20 in my book The Twelve Power Secrets for Network Marketing Success. This book is the culmination of nearly 30 years of research. I've interviewed and worked with hundreds of the top income earners and have gleaned from their wisdom. I've also built very large networks myself, so I include some of the wisdom I have gained as well. This book covers everything you would need to know to be successful. Click HERE for more information or to order the book.

Network marketing is truly the ideal business, so no need to keep looking around. This is the answer you've been looking for. Secure your financial future today, by either starting a network marketing business or building the one you are in. Truly, your future depends on it.

Monday, October 13, 2008

How to Build Your Business Right Now

If you haven't figure it out yet, this is a great time to build a network marketing business. Daily, the media is creating fear about the future of the stock market, retirement accounts, money in banks, and the economy in general. Many top economists are forcasting bad times for the next couple years at least. Although this is bad news to most, it's great news for those of us with network marketing businesses.

All that fear is sending people looking for solutions. They're trying to figure out what to do to secure their financial situation or make up for lost retirement funds. People you know are looking for what you have right now. So, here are a few tips for building your business during these crazy economic times.

First, I would send out a letter to everyone you know. In the first part of the letter, recount the media headlines and stir up the fear. Next, inform them that you have a way that could help them generate more funds, recoup retirement funds, offset stock loses, enjoy tremendous tax benefits, and secure their financial future. Finally, ask them to get in touch with you if they would like more information.

Second, start up conversations about the economy and how it is affecting their lives. Stir up the fear and then ask them if they are interested in a potential solution. If they are, schedule a time to present your business or arrange to provide them with information.

Third, start contacting those professions that have been the hardest hit: car sales, realtors, mortgage reps and brokers, and anyone selling a big ticket item to consumers. Talk with them about the economy, stir up the fear, and then present a solution.

There are some ways that you can benefit from our current economy and help others do the same.

Tuesday, October 7, 2008

Secure Your Financial Future

Today's Headline: Retirement accounts have lost $2 trillion — so far

Are you relying on the 401k, retirement account, or Social Security to take care of you in your old age? Forget about it! Take control of your financial future with a network marketing business.

First, network marketing businesses are a lot more fun than just sticking money into an account.
Second, network marketing businesses have a much greater potential for return.
Third, network marketing businesses give you the opportunity to help others too.
Fourth, network marketing businesses provide you with much better tax benefits.
Fifth, network marketing businesses create opportunities for your to travel and meet new people.

There are five great reasons to utilize a network marketing business to secure your retirement.

Let me tell you a sad story. A number of years ago I met a man who had worked for the same company for 30 years and socked away a large sum of money into the company retirement account. He was 2 years away from retirement when the company went bankrupt. He lost everything and was devastated. "What could I do in 2 years that would enable me to recreate my retirement fund," he asked me and I told him there was only one thing - network marketing. I then helped him research the industry to find the right company for him and 2 years later he had built a business that generated far more than his retirement account would have.

Think about it this way. If you have a network marketing business that generates a $100,000 a year income, you have the equivalent of $1,000,000 in an investment that yields 10%. How long would it take you to accumulate $1,000,000 doing what you are doing? Whereas there are many people who work part-time and within 2 to 5 years have a network marketing business that generates a residual income of $100,000 or more (much more). Beyond the financial side, a successful network marketing business will give you free time to enjoy life, opportunities to travel and make new friends, lot's of cool contests and awards, and amazing tax benefits. So, if you have a network marketing business, get busy and secure your financial future. If you're looking for a business and would like to work with a proven leader, e-mail me by clicking HERE.

Monday, October 6, 2008

Recession Proof Business

Today's Headline: Stocks decline amid global worries credit crisis is spreading; Dow falls below 10,000.

With banks and other major financial institutions failing around the world, we are clearly heading into a major economic crisis. Whether it is a recession or depression, the key is to be self-employed and one of the most recession-proof businesses is network marketing. Why? Because when times get tough, people look for ways to make money and network marketing offers the idea business. It doesn't cost much to get started; you don't need any employees or leased office or warehouse space; and it's a simple business that anyone can do from home.

Even in the great depression, there were still people who had money, but they were the smart entrepreneurs of their day. Now is the time to get smart and build a network marketing business. If you already have a network marketing business, then build it fast and hard so that you are prepared for the coming economic crisis. If you are either looking for a business or are not completely happy with your current company, e-mail me at Rod@RodNichols.com and ask about my #1 rated company. In either case, quit messing around, get busy and build. As things get worse, you will be a shining light on a hill that people will flock to.

Monday, September 29, 2008

Invest in Yourself

With the stock market going crazy, banks and financial institutions failing left and right, isn't it great to know that you can invest in something solid - yourself. That's right, when building a network marketing business, you are it's greatest asset. The number one reason that people join a network marketing company is because they like and trust their sponsor. You are why they join, so doesn't it make sense to invest in yourself.

There are three ways to invest in yourself and see a huge return in your network marketing business. The first is to build your belief in the network marketing industry. You can do this by reading everything you can find on network marketing. A couple great tools to build industry belief are The Network Marketing Magazine and my book The Ideal Business. The more knowledge you gain about network marketing, the greater your confidence in the industry.

Next, you need to build belief in your company. You can accomplish this by looking at the corporate web site, listening to CD's and watching DVD's, attending meetings and conferences, and talking with staff and upline leaders. If you have confidence in your company, it will be easy to tell people about it.

Finally, you have to believe in yourself. Invest in books, CD's, DVD's, and classes that will help you build confidence. Practice your presentations, handling objections and questions. Work with your upline and observe everything they do. If you don't believe in yourself, any negative word will set you off course and cost you dearly.

Forget about the stock market and the financial instruments. Invest in yourself and build a lucrative network marketing business. If you do, you won't need any of those investments; your business will take care of you for the rest of your life.

Friday, September 26, 2008

I'm back!

After 7 years of retirement from network marketing business building, I'm back. Seven years ago I retired with a very nice full-time residual income to pursue my goals in ministry and writing. I'm still very happily pursuing those goals, so what could possibly attract me back into the business building. Only the most amazing product and opportunity I've seen in 29 years!!!

I'm excited and ready to build another large network and residual income stream, primarily through the internet. I've already recruited a friend of mine who is a top internet marketing guru. We are in the process of developing a team marketing and training system. What I'm looking for now are people who are serious about making money in network marketing. If you are finally ready to make some very BIG money in network marketing and help a bunch of other people do the same, then e-mail me by clicking HERE to learn more. Please, no lookie loos. Only the serious need respond.