Network Marketing: MLM Strategies for Success and Wealth Creation by Phillip Collinsworth - HTML preview

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The Cost of Doing Business

“Don’t let you learning lead to knowledge. Let your learning lead to action.”

 

Jim Rohn

 

“I can’t afford it” is a lousy excuse for not getting involved in network marketing.

The network marketing business is blessed by low capital investment requirements to get started. Usually, there is a nominal annual fee paid to the sponsoring company and the price of samples necessary to demonstrate and market the product. Beyond this are the individual addons that may or may not be entirely necessary to successfully operate the business.

Keep your investment to a minimum. You don’t need fancy equipment. You don’t need a flashy new wardrobe. And, you don’t need a new car. You already possess the most powerful tool you need--your mouth. As a salesperson (yes, network marketing is about sales) the words you use, and who you speak them to, are the keys to your success, not a fancy presentation easel, or a thousand dollar suit. If you want to spend money, spend it on training (although this is often freely available for the asking). Benjamin Franklin once wrote: “Put the coins of your purse into your mind, and your mind will fill your purse.”

The words you speak are more valuable than false impressions, or fancy equipment.

Most importantly, you need to conserve your financial resources, and learn how to manage money. No prospect will come near an opportunity that is represented by a broken down “ne’er do well.” Be solvent. Be frugal. Be a professional. And, learn not to squander money on credit card loans, office betting pools, the lottery, new cars, and frivolous jewelry. Get your financial house in order before you go out proclaiming to have the answers to other people’s money problems. Remember, your prospects will form opinions about you and connect them to the opportunity. If you are broke, and appear desperate to “land” a recruit, they will run from you, shouting at the top of their lungs, “stay away from the con man.”

Poverty is a dream killer, and where it does not kill, it enslaves. Don’t be a slave to an empty wallet. Learn to manage your money, and thus enjoy the empowerment of financial stability and security.

Activities

What do you hate about being broke?

 

List five negative aspects of not having money:

 

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4.

 

5.

 

If money were not an object, what would you do today? You just put your dream in writing. What can you do, starting now, to achieve it?