Peter Arnold / Canada
Joined: 29 Oct 2005 Posts: 139 Location: Atlantic Canada
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Posted: Fri Jan 27, 2006 8:12 pm Post subject: NWM => is it Worth the P-R-I-C-E? |
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NWM => is it Worth the P-R-I-C-E?
Hello Business Associates:
How much would we truly like to OWN our own lives?
Right now, millions of North Americans are unemployed. Outsourcing is rampant. These are difficult times. The dream of health, prosperity, security, happiness and freedom is elusive for most of the population.
In NETWORK MARKETING (NWM) => WE can show people how they can 'get their lives back'.
In NETWORK MARKETING (NWM) => WE can offer them a 'Business Franchise' of their own... a long term INCOME-PRODUCING-ASSET... one which they can operate from the privacy of their own home... with substantial tax benefits... with little capital investment... with no bank financing... with little financial risk... and with only a 30-second commute to the office.
Does this mean that our industry is PERFECT?
NO... not by a long shot ((show me one that is)).
But think about this - how many hours of the day do most people OWN of their own lives? If we subtract out the time for sleeping -- the time for commuting -- the time for working etc -- most people don't really OWN more than 2-3 hours/day of their lives. And many are fighting high stress -- sleep deprivation -- even burnout.
The PROBLEM - First we need to understand - there are probably as many or more people around the world suffereng from poor FINANCIAL health... as those suffering from poor PHYSICAL health.
Much of society's poor physical health today is caused by financial illness.
As a Business and Financial Consultant, I see this within my own practice constantly.
Tragically, over 90 % (ninety percent!) of the world's population reaches retirement age BELOW THE POVERTY LINE! Most families today are 'maxed out' on their plastic. Many are 'struggling' just to make ends meet - let alone, trying to save for their children's higher education, or for a decent retirement.
'Traditional' small businesses have an alarming failure rate. People's personal finances are in crisis... even with dual or triple incomes. Most are living beyond their means... many, only ninety days from financial collapse.
Want more statistics?
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=> 96% of all Americans will retire financially dependent on the government, family or charity. (US Department of Health & Human Services)
=> Installment debt, including auto loans and credit card balances, recently topped a record $1 trillion -- over a 30% increase in just the past two years. (North American Marketing)
=> On average, the typical credit card purchase is 112% higher than if using cash. (Federal Reserve Study)
=> The average consumer takes 23 years and pays 2.4 to 3 times what they owe to pay back their debt. (North American Marketing)
=> Only 2% - 5% of homes in America are paid for. (Simmons Enterprises)
=> 50% to 70% of our minimum monthly payments only pays the 'interest' on most credit card accounts. (North American Marketing)
=> Over 40% of US families spend more than they earn. This mean 4 out of 10 people spend more than they earn. (Federal Reserve Study)
=> Out of 100 people starting out in the workforce at age 25 ((I'm sure you've seen this)) - - by age 65...36 are dead... 54 are supported by relatives or charity... 5 are spending all they earn... 4 are well fixed financially... 1 is wealthy = only 5% of the population "makes" it economically by age 65. (International Association for Financial Planning)
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ALERT - These statistics are only the tip of the iceberg for what is happening "financially" - WORLDWIDE.
And yet - most of the population reacts with a quiet, lazy Y-A-W-N...
Why is that? Perhaps we'll never know. Perhaps we'll never change that. Perhaps that is the human condition.
THE SOLUTION - For those who will listen however... for those who will pay the ((small)) P-R-I-C-E... the point is... WE can bring FINANCIAL ((and often PHYSICAL)) WELLNESS + even greater rewards, to the masses... and thus to ourselves... through a relatively still unknown "vehicle" called - NETWORK MARKETING [NWM//MLM] - because that's how it works.
This is 'personal BUSINESS OWNERSHIP' of the finest kind - the best natural cure for the very heart-wrenching ailments so many suffer from - and with NO toxic side effects!
NWM - In my personal opinion, despite it's faults, this vehicle 'blows the doors' off any other business model created thus far by the human mind. And although it's been around for a while => it's really only getting started. It's engine is running. It's poised for a grand 'lift off'. It's going to be the biggest hurricane in history (bigger than Katrina) - so we better climb in - and buckle up.
If you don't believe this, just listen to some of the "outside" experts/forecasters on our industry ... Dr. Paul Zane Pilzer ('The Next $Trillion Industry')... Robert Kiyosaki ('The Business School')... Len Clements ('The Coming MLM Boom')... Dr. Charles King ('The New Professionals - The Rise Of Network Marketing As The Next Major Profession'). And many others... it's all there.
Our BELIEF - How big a slice of the pie WE receive will first be determined by how big our DREAM is -- and how well we accept the fact that we DESERVE success.
IT'S UP TO 'US' Then... IF we grab hold and 'commit' to learning the dynamics... and receiving the necessary business education and personal development (Kiyosaki says this alone, is 'the #1 value' in NWM)... and put in the effort... then the sky IS the limit... there are no glass ceilings. Here... we can show others who will listen, how they can OWN their futures too. Think of what that can mean for US.
VISUALIZE - How would we like to be able to 'help others' OWN their lives - and thus help 'ourselves' do the same? What would we DO with our lives - if JOB INSECURITY (or LOSS) was no longer part of the equation - if MONEY or TIME constraints were no longer barriers?
FINANCIAL INDEPENDENCE - If this were truly available to us - what would we DO? Would we travel / ski / hunt / fish / golf / play more? Would we fund more worthy causes and charities / go back to university / buy more toys / hug our kids more / design a new home / send our parents on a cruise?
Our GOAL? - What if we could take our pick, of any or all of these options? Yes, an additional $500/Mo - $1,000/Mo - $2,000/Mo would ALSO be most welcome -- but we can travel miles 'beyond' that in NWM... IF we wish to. That's an individual decision.
SACRIFICES - We've heard it before. To achieve true financial success in NWM, we have to give up some things - for awhile (like bowling / bingo / the idiot box / etc) - we can't just squeeze NWM in 'around' other events. NWM isn't a hobby - it's a potential multi-million-dollar 'business venture' that may well end up stretching around the globe - even if started on a part time basis, at home, in the bedroom. OR, it can simply be an 'income plan' to supplement existing resources. Either way, we should become loyal "products of our own outstanding products", in order to receive the benefits personally, to have the PASSION to share them with our friends and those we love and care about, and within the marketplace - and to attract others who are likewise 'committed' to our mission.
IT TAKES 'TIME' - In our industry it usually 'takes' about 6-8 months to build up a solid prospect inventory - a PIPELINE. But this is something that can be done WHILE we're learning and earning. That applies to both our WARM and COLD markets -- to ONLINE and OFFLINE. When working Online, it takes between "8-10 exposures" with prospects - to us / to our NWM / to our Products / our Comp Plan / our Support Group / etc. -- BEFORE we make any real 'impact' on them... before we build that critical rapport and TRUST factor. We need to remember that 'ours' is not the only Biz Opp people are looking at - that they're being bombarded with all kinds of things -- every waking hour of every day.
5 YEARS - Kiyosaki (in his new book, 'The Business School') talks about the absolute need to first, get a 'real' business education in NWM. Here's what he says -- "In the life changing business education process there is at least a 5-year learning curve. Most people, if they don’t make any significant money in a Network Marketing business their first year, will drop out. So you need to stick it out - for at least 5 years - to get the real education you "must" have to be successful in the B part of the Cash Flow Quadrant (the coveted RIGHT side of the quadrant, as a "B" - Business owner).
In his explanation, he goes to a deeper and richer level of education than that which 'traditional' sources teach (cognitive skills). He encompasses the... mental... emotional... physical... and spiritual levels of education that we must embrace for lasting prosperity.
PROFESSIONALS - Take a look => they spend 6 long Y-E-A-R-S+ of blood, sweat and tears to get a 'university degree' - which will then allow them to hang out their shingle / climb the corporate stairway - just to START earning an income... 6 YEARS+... to get their diploma... then to set up practice / get a job / find a position... then to work for themselves / someone else for 20-30 years... and if they're lucky, then to retire on 70% of the income they couldn't live on "before" (because of poor money management / bad investments / job changes or losses / whatever)!
DELAYED GRATIFICATION - If we ask a physician or dentist or lawyer or engineer or other professional... "how long have you been 'practicing' your profession?" (and earning an income), they'll tell us... "from when I got OUT of university"... NOT... "from when I ENROLLED at university".
Conversely, if we were to ask most Network Marketers... "how long have you been involved / running your NWM Biz, the answer will most often be... "since I signed up!" But year after year after year, university grads must... pay heavy tuition - buy heavy text books - study very hard - write very hard exams - and pass. They not only DON'T EARN anything during these 6+ years -- they PAY OUT big time, in expenses.
Is it worth the PRICE for them?
QUICK FIX - Unfortunately, many people look at 'our' industry with the idea of making that "quick buck"... getting that instant fix... they chase after all the "money games". The "get rich quick" mentality prevails, and sadly, there are tons of SCAMS and SCHEMES out there to bait their hunger! Even those who come into our industry with solid credentials often totally believe (and/or are told) that they'll make a lot of $$$... BEFORE... they even LEARN what to do... that they can drive the car "before" they take lessons / get their license. That they don't need to get the SKILLS.
The outcome is entirely predictable.
THE 'PRIZE' - The great many rewards in this business (financial and otherwise) can be almost beyond belief - and they can be starting IMMEDIATELY, while still employed elsewhere. But the larger prizes don't happen overnight - there IS a small P-R-I-C-E to pay.
==> But the price of SUCCESS is much lower than the price of FAILURE in NWM.
And the price to pay is 'very' small, when compared to the ALTERNATIVES out there right now.
It starts with a simple promise to ourselves - to put the blinders on for at "least" 6 MONTHS (let alone, 5 years) of preparation and learning - while starting to earn - NO looking back.
We need to remember that, with most 'traditional' businesses... it takes 5 years... for owners just to "break even"... IF... they survive that long (or if their creditors don't 'pull the plug' before that). And then most often, the red tape + the pressures are high...and the business usually ends up OWNING THEM. Not much TIME Freedom there.
THE 'DREAM' - In NWM, it starts with a Dream -- a burning Desire -- and a signed application. Then, it's about carefully laying a deep FOUNDATION (tap rooted) that will support a potential skyscraper, anchored with steel and mortar and glass (the growing team / organizations). Thereafter, a successful NWM business gets steadily built by having a strong vision + sweat equity (action) + persistance + discipline + courage + belief + faith + patience + time...
Too heavy a P-R-I-C-E?
NWM is built using sound business and financial principles - one step at a time - brick by brick by brick. It is built by having strong LEADERSHIP + MENTORSHIP.
NO COMPARISON - True, many professionals, executives and business owners can and do, earn huge incomes (usually with low tax advantages). I have many such clients in my practice. However, they often court high stress, large debt, competitive pressures and ulcers - due to the daily treadmill - the 'rat race' syndrome.
The Grass Always looks GREENER - Yes, many make large incomes, BUT => most are earning L-I-N-E-A-R income (like I do in my practice) -- most are simply trading hours for dollars -- most are 'forced' to smack an alarm each day at 6 AM in order to 'earn' an income because they have no other option -- most depend entirely on that 'one' income source -- so most are vulnerable, with no real security, no financial safety-net, should something go terribly wrong (a serious illness / an investment crash / a company closure).
My definition is that therefore, most are BROKE. They're broke.
They're part of the "E" (employee) or "S" (self employed) segments on the LEFT side of Kiyosaki's Cash Flow Quadrant. That's "not" the ideal place to be for those seeking real financial and time freedom. The consequences are "not" the dream of a lifetime.
OPTIONS - By comparison, top NWM professionals earn huge incomes too. But one of the major differences is that through LEVERAGED income, successful NWMrs don't always have to BE there to produce that revenue. They have CHOICES. That is significant. In an industry built by 'serving others', successful NWMrs receive both the 'money' AND the 'time' to enjoy it. They also receive the rich benefits of - personal growth - wonderful friendships, and lifetime partners who appreciate and respect each other. It's like a second family, that 'cares' for one another. That cuts down on the ulcers and heart attacks -- and it increases the peace of mind and fun and happiness.
VEHICLE - Think about it. We are talking here about a "vehicle" that can deliver to us the privilige of OWNING our own lives... a vehicle that we can embrace without having to 'mortgage our homes' to get started (as with most traditional businesses / professions)... a vehicle that has genius in its design as the most exceptional model for personal business ownership on the planet (in my professional opinion).
We are talking here about a vehicle that can "release" people from the fear of JOB LOSS -- from the bondage of personal DEBT. We are able to give people a vehicle to get their lives in order - to give them CONTROL and stability and security in their futures.
B-U-T -- THERE'S A MUCH 'BIGGER PICTURE' - Now, as great as this "vechile" is... it's still too narrow a focus. Beyond ALL of this... there's a much larger and more exciting landscape. And for that vision, we have to look again, to experts/legends like Jim Rohn and and Robert Kiyosaki.
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ROBERT KIYOSAKI - Says that if we want long term financial success, and complete control over our life, we need to "own a business" - one that runs itself, and makes money even when we're not there. Then he says - that the main reason people struggle financially is because they spent years in school, but learned nothing about 'money'. The result is, people learn to 'work for' money... but never learn how to have 'money work' for them.
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JIM ROHN - Says that to become financially independent, we must first, turn part of our income into capital - turn capital into enterprise - turn enterprise into profit - turn profit into investment - and turn investment into "financial independence".
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So what's the lesson here?...
NWM => is NOT AN 'END IN ITSELF' - If we relate these powerful truths to us in 'our' industry... we'll discover this lesson...
NWM => is ONLY 'PART' OF THE STORY => It is a 'MEANS to an end'.
NWM => can be the "beginning" for sure... but NWM provides the VEHICLE which can 'propel' us to developing "additional" CASH FLOW and NET WORTH and WEALTH => LATER.
NWM => is THE 'SOURCE' from which to create healthy MULTIPLE INCOME STREAMS... for the future.
NOW we're talking of the vital "I" (Investment) segment, also on the RIGHT side of the RK's Cash Flow Quadrant [along with the all-important "B" (Business) segment].
This principle is something I personally believe we need to "burn into our minds" as professionals in this industry.
==> NETWORK MARKETING ((NWM//MLM)) is not something we work at 'all by itself' -- to eventually be able to 'sit on the beaches' (recurring income).
==> NETWORK MARKETING ((NWM//MLM)) - when built correctly, with proper 'safeguards' in place, is the engine that fuels our capacity to become SO financially strong... from OTHER spin-offs... that we will have "choices" in life... choices that will not apply to the masses ('do today what others won't - so we can have tomorrow, what others can't').
We are talking here about the honest potential for a "lifestyle" of ECONOMIC / TIME / (and often HEALTH) F-R-E-E-D-O-M -- that very few in the traditional workforce can ever have.
We are talking here about a WAY OF LIVING that can lead us to the highest reaches of human achievement.
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The big question... is it "worth" the P-R-I-C-E?
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That's for each of us to decide.
Thanks for the opportunity of learning, and sharing, on this Board.
Respectfully, Peter A.
http://www.PeterArnoldOnline.com
Peter Arnold, CLU, CFC / Founder
Business Achievers Academy / Canada
SUCCESS: http://www.YourFutureSuccess.biz
Last edited by Peter Arnold / Canada on Thu Dec 04, 2008 4:44 am; edited 2 times in total |
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