₦airaland Forum

Hahahaha! Vizio, the technique used in that title is called "Controversial Caption Advertorial Writing". If I have used something else, it's only myself and a few friends will read my article and get the message. But my title is making more people get the message I want to pass out in that article.

Bro, so many persons need to get that information so as to help themselve out of financial struggle called RAT RACE.

Life is fun and interesting when you perceive your daily living as vacation. The fact is that the moment you discover your purpose in life and align it with your passion/talent, everyday becomes fun. Your vocation becomes vacation.

But, this does not just come like that. What you need to do first is work on your attitude, have big dreams and start small. Discover your passion and purpose in life. Then start working towards achieving it. It's important you have heroes (role models) and mentors (coaches).

Very importantly, you need to be financially intelligent and within a specific short time, your life will change for good. Do something right way. May be buy a good book and read. Start taking action on what you learned from the book. Attend a related seminar that can help you start improve the knowledge you acquired from the book. Set goals for yourself and track your achievements.

See you at the top.

Thanks Legalwealth. It is good and inspiring when you know that other people are appreciating your work.

Legalwealth, my link is stated on my signature below every of my post. My name is Uche E. Udembaozoh. As for posting my article in your blog, you've my permission, all you need to do is add me as one of your blog's writers. Periodically, you can visit my blog and copy any post that fancies your interest. It may also interest you that I'm passionately involved in A2W and I'm driving my business with every sense of commitment.

Acidosis, thanks for your compliment. One of my mentors taught me to copy other people's success strategies with pride, that is, pick the idea, modify it and bring in your own uniqueness. It may also interest you to know that Robert Kiyosaki is my hero and I imitate him a lot.

Markfrank, students can do what I prescribed in my article. I think we may need to talk more about how you can start the process. If you truly want my help, send me a Facebook inbox message (check for Udembaozoh Uche on FB). Kindly include your phone number so that I can contact when I see your message.

Floxxi, kindly check the concluding paragraph of my write up. I'm not against going to school, because I did go to school too. I'm only saying that apart from acquiring scholastic and professional education, we also need financial education which gives us financial intelligence so as to enable us solve our constant money problems with ease.

I can hear the voices of critics chattering, criticizing the title of my write up. Anyway, I still maintain, if you truly want to get rich, don’t go to school. But before I explain why I made the above statement, it’s important I say that people go to school to acquire scholastic education so as to earn good paycheck. After that, they go back to school for specialization thus acquiring professional education so as to increase their paycheck. These two types of education are what are offered in our antiquated school system. It’s not that I’m against going to school but what I’m against is that our education system teaches people only how to work for money. It programs people to become slaves to money thereby getting them trapped in the rat race.
Our school system does not teach people about money, how to make money work for you and for your generations. This is the single reason why there are a lot of people struggling financially all their lives. Financial education is missing in our school system and most people are ignorant of this very important education. The few who understand it as well as practice it daily get richer and live happily. Most people who are financial literate learn it from other financially intelligent business owners or from their books, tapes and seminars. Or it could be passed on from financially literate parents to their children. This gap in our school system explains why I said; if you want to be rich and happy, don’t go to school.
Now, let me use my life story to explain more on this title. I came from a family where my parents were average income earners who struggled financially all their lives to survive. My dad retired as an administrative officer in the civil service after thirty-five years and took up the job of a branch manager in a newly started commuters’ insurance company, a job he worked for eight years before he died. My mum retired as a school teacher and she is currently living on our budget. There greatest investments were our education, their motorcycles and a house in the village. My dad was a public administration graduate while my mum was a National Certificate in Education (NCE) graduate. Both have scholastic education with some professional education but they lack financial education. Thus, they struggled financially all their lives working for money and never mind their business. Growing up, I was taught to go to school, study hard, get good grades and get a good and secured job with nice retirement benefit. Thus, I went to school and focused on my studies seriously and came out with a good grade in 2003. Then I got a job with one of the multinational beverage bottling and selling companies in 2007 after my NYSC. I never understand what financial intelligence meant until after working for three years. I got exposed to financial education through my association with a colleague who is financially literate. Although, he does not like taking risk rather he plays it safe but he minds his business. I started reading books, listening to tapes and subscribed to RichDad.com newsletters. That was the beginning of my journey to financial freedom.
Financial education is learning how to read numbers and the numbers tell the story in your life. It is learning how money works and how to make it work for you. It is learning how to mind your business even when you are still minding your profession as an employee. Financial education helps you to understand the income statement and balance sheet. An understanding of these two and practicing what you know will overtime make you rich. Income statement shows your income and expenses columns while balance sheet shows your asset and liability columns. The fact remains that if you are working for money; your focus will be on your income column but if money is working for you, your focus will be more on your asset column. Working for money means that you are working to earn a paycheck. For such a person, his concern is on earning active income which is otherwise known as linear income. Active income is money that is paid to you for doing a certain work. It requires you to work and you are paid for the time you put in. For instance, an employee works for eight hours per day for twenty four working days in a month and he is paid for the time worked. Again, a small business owner is paid based on the profits he made on the merchandise sold or services rendered during the hours he put in his business. An expert/specialist is paid based on his charges for the hours he worked. These are all active income. You worked and you get paid. You get nothing the moment you stopped working. You cannot be financially free from active income. I’m not saying that earning active income is not good but what is important is how much of your active income is working for you in your asset column?
Don’t forget that I said earlier that you should mind your business while you are tending to your profession as an employee. It is important you know the difference between your business and your profession. For me, my profession is selling beverages while my business is network marketing. You should learn how to mind your business. To mind your business, it means paying yourself first each time you earn an income. That is, investing in real estate, paper investment (stock, bond, Treasury bill, mutual fund or bank deposits), automated business, intellectual property or network marketing. There are two different kinds of personalities when it comes to minding your business. First, those who are afraid of taking risk thus they play it safe. Second, those who learn to control risk and they play it big. Most people belong to the first group. These people invest in mutual funds, bank deposits and other investments offered by investment (salesmen) brokers. The second group is the few super rich persons who through constant education and practice learn to control risk and play it big. They learn to pick their own investments and they build businesses where others work to earn paycheck while their businesses pay them rich passive income.
In my case, I started from the first group. In 2010, I was exposed to financial education and started my learning. Based on my understanding, I started investing a certain percentage of my monthly salary in buying assets. First, it was stocks. After the stock market clash, I moved to real estate. Within 2010 and 2011, I invested over N300000 in the stock market though most of them crashed and I was able to buy a plot of land for N450000 which has appreciated to N800000 as of now. I also have bought two long term insurance policies that I constantly pay my premiums. You may ask, but how rich are you now? What kind of car are you driving now? What part of Lagos are you living? As for how rich, it is not a get rich quick scheme rather; it is about building your asset column consistently such that it grows to the point where your passive income will be bigger than your living expenses. Then, you know that you are free. As for what do I drive and where I live, these are liabilities and a financially intelligent person defers gratification and concentrate in building his asset column. Later, he buys luxuries with his passive income. While others spend their active income in buying luxuries, a financially intelligent person cut his expenses so as to have surplus cash flow to buy assets.
As of 2012, I improved further and gradually I’m moving to the second group. I have succeeded in registering a business and one of what I do is network marketing. In case you don’t understand how network marketing can help you build your asset column faster so as to become rich and happy, kindly check my website. I've also thought out plans to play in real estate, paper investment and intellectual property markets in the shortest future. These are more of goals than mere plans. They were very strong dreams which I have visualized clearly and the pictures have been formed in my mind as well as held in my dream picture board which I look at daily. It is only time that is between me and them. I’m so much convinced about them and nothing deters me from pursuing them.
These can be achieved by anybody who desires them and is committed to it. But, it’s important I tell you once more that if you want to be rich and happy, you need to get beyond your scholastic and professional education and acquire financial education.

Welcome to Lesson #4 of the 'Big Al Leaders
Course.'

What is my definition of a leader?

I have three definitions of a leader. These aren't
the only three definitions. They're not all-
inclusive. These are just three definitions to
give us an idea of what we are looking for.

The first definition I heard is from a man named
Tracy Dietrich in Dallas, Texas. He says that
leaders are professional students of the business.

In other words, leaders actually read the sales
manual that came with their distributor kit. By
this definition, everybody reading this newsletter
would be a leader. We're students of network
marketing - always looking for new ideas and
information.

Leaders listen to audio training tapes, read
books, go to upline meetings and, whenever they
can, they attend company conventions. You'll see
leaders hanging around with the upline leaders
hoping to pick up a good idea.

I like this definition. It makes it easy to spot
leaders. Just go to any training meeting and
you'll see the chairs full of potential leaders.

>> Sounds good, but what is my second definition
of a leader?

This definition is a little harder to explain but
easy to observe.

Imagine that you decide to take a vacation to
Hawaii. You're going to miss your local weekly
opportunity meeting. Somebody will have to conduct
your weekly meeting.

A leader is someone who will do the opportunity
meeting, make sure the product display is there,
pay for the room, and assumes the responsibility
that everything runs smoothly - and you don't have
to call from Hawaii to see if it was done.

In other words, you're on vacation and you don't
have to worry or check on anything. This leader
was glad you left town so he could take the
responsibility!

This is a pretty good definition of a leader. He
is someone who does his business without your
constant motivation and checking. He is someone
you don't have to worry about.

>> The third definition of a leader is the
toughest.

This definition separates the so-called leaders
from the real leaders. Here it is:

A leader is someone who handles problems.

Let's say there is a problem in the downline. Mike
didn't get his order or Mary talked longer than Al
or there was some bad news in the local press, or
whatever.

A leader handles the problem.

Your leader will call the home office to trace the
order, will help Al understand why Mary talked
longer, or support and counsel a devastated
distributor who is upset over some bad publicity.

The leadership test is this:

Will the problem filter upline to you?

If you have a distributor whom you think is a
leader -- but the distributor is still passing
problems upline to you, this distributor doesn't
qualify to be a leader.

This is a tough test, but it separates leaders
from the crowd.

Now we have three clear descriptions of a leader.
We know exactly what we are searching for.

Now that we have a really good grip on what a
leader is, the next question in your mind should
be:

>> Step #2: How do I find leaders?

That's simple.

There are only two ways to get leaders.

The first way to get leaders is to steal them.
That's right, steal them. We're all leaders here,
so let's be honest. People try to steal leaders
all the time, don't they?

They say:

'Come over to my business and I'll give you $5
more than what you're making over there.'

So the leader changes loyalty and moves to another
company.

What's the downside of this?

Well, if the leader will change allegiance for $5
more income, then what's going to happen when
someone else offers this leader $6 more income?

Ouch!

If this leader can be bought once, he can be
bought again.

So we could steal leaders, but the problem is that
we will only end up with temporary leaders. This
means we'd have a job for the rest of our lives,
replacing leader after leader, wouldn't we? This
isn't what we're looking for.

You see, a lot of distributors advertise for
leaders. They try to persuade leaders to come over
with the newest hot deal because it's a tenth of a
cent lower or it pays 1% more. But what happens
when someone else offers two-tenths of a cent
lower or 2% more?

The temporary leader is gone.

It's just a full-time job replacing temporary
leaders. It's not really building a permanent,
loyal network marketing organization.

So I would like to eliminate further discussion
about stealing leaders because that's not really
what we want to do.

We want permanent income.

We'll learn the second way to get leaders in
Lesson #5. The second way will be the easiest
way to get that permanent income.

I will be sending you Lesson #5 in a few days.

There are great and wonderful business ideas in this thread. Fantastic revelations abound in here. It still pains me that a lot of Nigerian youths still complain of no job. Greatness starts from the mind. Think entrepreneurship...think of offering values to your environment. Think of the prevailing needs around your environment. Dream big and start small. Mind you, whatever you want to start, you must love it - passion is the only fuel that can carry you even when others don't see what you're seeing in your business idea. Again, learn how to sale. Selling is the secret of success.

Most importantly, keep learning about your business, the 3 management skills - management of cash flow, management of people and management of personal time. Don't be afraid of failure and learn to take risk but always control your risk through constant education and working with professionals ( I mean true professionals who practice what they teach and have proves for it not salesmen who brandish themselves as professionals).

I wish you success in your streetwise business school as you start your own enterprise soonest.

Three words that can change your MLM business positively
Expose, Involve and Upgrade.

Stay tuned for more details. Enjoy your weekend.

Hmmmm! It baffles me that some persons will come to Nairaland hoping that they will get business idea suggestion from others. Anyway, I'm not trying to say it'll not work but I think the best business idea that can turn you to a great entrepreneur that will stand the test of time and build a business system that will survive for generations to come is the one that you come up with yourself or you see a gap in something that is already existing and you come up with a better way of doing that thing.
Wealth is not a short term agenda. It's meant to be concrete and well rooted less you'll easily move from grace to grass. Think about this.

Why Do You Need to Be Financially Intelligent?
“The rich will continue to get richer while the poor and the middle class will continue to get poorer” – Robert Kiyosaki

The secret of the rich No. 3 is; mind your own business. (Note: There is a set of secret that makes the rich richer which you must know so as to change your mind set about money and how it is made) The rich mind their own business. What this means is that the rich consciously mind their asset column on daily bases. Before I go further, let me bring your knowledge to No. 1 rule of financial intelligence; know the difference between an asset and a liability and to buy asset. Asset is anything that puts money into your pocket while liability is anything that removes money from your pocket. Let me explain this with an illustration. Your house is a liability except if it is a rental property. If you build a house where only you and your family live, you have just succeeded in acquiring another liability.
How do you mean? I can hear so many persons questioning me right now in their mind. Yes! When you live in your house alone, you bear all the bills; electricity, water, neighborhood levies, wear and tear maintenance, property tax etc. These are taking away money from your pocket. You may say, but I’m not paying any house rent again. The cost it is saving you is at the same time lost through these bills. The rich first make their estate a source of income and not a liability. It is only when their asset column is big and paying them excessive passive income that they will enjoy luxuries with their passive income, that is, building a house where they live with their family alone. They invest a good percentage of their active (linear) income in acquiring assets and their assets pay for their luxuries through excess passive income. Therefore, instead of building your first house where you live alone, consciously make out a space for rental purpose, even if it is a room apartment or some shops by your fence. This way, your house yields you money from which you can take care of the bills that come from the house. This is how the rich think…they are financially intelligent.
So many things that the poor and the middle class acquire are liabilities, and these take away money from their pocket. The truth is that we are naturally programmed to spend by impulse without weighing if that which we want to buy is a need or want. Your needs are things that will attend to your essential human problems while your wants attend to your natural human desires. That is why economics says that human wants are insatiable but his resources are limited thus we need to spend by scale of preference else you will continue to post deficit budget month in month out even if you are earning the biggest paycheck monthly in your place of work. If you are not conscious of this, you will continue to repeat the same financial blunder daily. Even me that am writing this, sometimes I found myself guilty of this blunder. It has to be a continuous effort until you discipline your spending pattern such that it becomes a new habit in you. It takes discipline and consistency to acquire this habit. If you don’t culture yourself on this, you will continue to work hard all your life time and have very little to show for it. While you are spending according to your need based on scale of preference, you will defer immediate gratification so as to invest at least 10% of your active income in acquiring asset, another 10% on continuous personal development and 10% for your religious obligation. Every of your needs must be taken care of with the remaining 70%. Mind you, you should learn to spend by budget. Pre-plan your expenditure before you earn, that way, you can carry over any expenses that your 70% cannot take care of in any particular month. Don’t tell me you are not earning enough to do this. It is a matter of choice to move out of your comfort zone by consciously planning for a surplus budget and not a deficit budget. You know, when you first pay yourself by taking away the 30%, you will be left with only 70%. If the pressure is too much for you, then you will start thinking of how to expand your means. Yes! You can expand your means to earn more by creating more values. You should learn to monetize what you learn from your continuous personal development. They say, empty your pocket to fill your head and your mind will refill your pocket. Just charge yourself to discover any human need around you that demands for solution. Find solution to it and you make money. It could be your expertise that you will package into information product and market it to make money. It could be joining a good network marketing company to build a business that pays you more. It could be anything that drives your passion, but just think.
The above explains why the poor and the middle class will continue to be poorer except if you determine to mind your business. Let us do a little exercise. Take a stock of everything you have now which you consider as your assets and the things you consider as liabilities. Then draft your asset and liability statement of account. Write assets on the left column and liabilities on the right column.
Most people’s statement will look like this,
ASSET /LIABILITIES
House /Taxes/Bills/Loans
Car /House rent
Stock (General Paper Investment) /Children’s school fees
Job /House-keeping allowance
Bank savings /Etc
Designer accessories
Designer clothes/shoes
Electronics
Etc


The above statement looks like a typical poor/middle class man’s asset and liability statement. For the rich, theirs will look thus;
ASSETS /LIABILITIES
Business/Job/Profession /Mortgage
Paper Investments /Taxes/Loans
Rental Property(s) /Utility bills
Intellectual Property(s) /House-up keeping etc

The difference between the two statements is that the rich mind their business, their asset column. They conscious acquire those things that put money into their pocket and their focus is mostly on things that pay them passive income. If you do not know, passive income is a type of income that you work once and that work will continue to pay you over and over again. This is different from active (linear) income. Your specialization/expert consultation charges are linear income. Your contract charges are linear income. Your small business daily proceeds are linear income. Your salary is a linear income. You work, that is, you put in your time, and you are paid for your time and effort, to earn a linear income. In the other hand, any money that you earn from a system that you put in place which does not require your direct involvement to pay you income is a passive/residual income to you. When you put away 10% of your linear income monthly to invest in either stock, co-operative, or part payment of a piece of real estate, each time you earn return on investment (ROI), that is a passive income. If you build a house that pays you rent, that is passive income. If you put up a business that does not need your involvement for it to be paying you, that is passive income. Note: Any business that you cannot leave for at least two months and travel without getting into any form of involvement in its daily transactions, and while you are away, the business is paying you profitably. And even when you return, you meet your business more profitable than you left it, that business does not qualify to be called a business according to financial intelligence perspective. Instead of seeing yourself as a business owner, you are classified as somebody who owns a job. There is a difference from having a job and owning a job. You have a job when you are working in someone’s business system while you own a job when you are managing your own establishment. The employees fall within the former while small business owners, consultants, professionals and specialists who manage their own establishment fall within the later.
Till I come your way next time, kindly go home and start getting financially literate. See you at the top.

How Being Poor Can Make You Rich

“The rich get richer because they learn to solve financial problems. They see financial problems as opportunities to learn, to grow, to become smarter, and to become richer” –Robert T. Kiyosaki
Poverty in its true sense is the state of having no resources to take care of your needs. This state is not a static condition except if the person suffering it has allowed his state to affect his mindset. Being poor and seeing yourself as such depend on your mindset.
The mind is one of the most powerful possessions that a man has. What you feed your mind determines what comes out of it. If you allow negative thoughts and information to filter into your mind, it will also provide negative result. But, if you read positive materials and think positively, your attitude will be productive. The good book tells us that God created us in his own image and likeness, thus we resemble him in his creative spirit (ability). This means that our mind has the power to think out ideas that can take care of every situation we find ourselves.
I learned from my millionaire mentor that financial problem is a resource, if you solve the problem. Therefore, I learned to welcome my financial problems such as not having enough money or being faced with mountain of debts in good fate and use them as resources and opportunities to learn. When I am faced with these kinds of financial problem, what I think is; what can I sell or create to solve this problem? This will challenge me to start looking for opportunities around me which I can explore.
You should know that it takes continuous improvement of one’s financial intelligence to get rich. Financial intelligence, you know; is that part of our mental intelligence we use to solve our financial problems. In as much as the rich see financial problems as opportunities to learn, to grow, to become smarter, and to become richer, the poor see money problem only as a problem. They think that if they have more money, their money problem would be over. Little do they know that their attitude towards money problem is actually a problem on itself. The middle class on the other hand, think they can outsmart their money problem by being smarter academically and professionally. Most lack financial education, which is why most tend to value financial security rather than take on financial challenges. Instead of becoming entrepreneurs, they work for entrepreneurs. Instead of investing, they turn their money over to financial experts to manage their money. Instead of increasing their financial IQ, they stay busy, hiding in their offices.
If you want to grow financially, you have to start taking action, and stop playing it safe. By making mistake, you learn and become smarter. When you solve a financial problem, you get richer. After solving each problem that comes your way, just look back, there are several persons who are facing similar financial challenge. You can help them solve theirs and make some money for yourself. This you can do by documenting your newly achieved feat in any form of information product and sell it for some money. It is important to state that in the course of moving from state of poverty to affluence, your focus should not to be to work for money (fiat money). This is because you cannot get wealthy by working for money. You can only be wealthy by creating values and building a business system around your values. If you learn how to work to build a business system so that other people will work for you in your system which will be paying you money, then see yourself as an entrepreneur on the path to financial freedom. There are three ways to build a business system. They are;
i. Create a business system from scratch.
ii. Buy a franchise of a business.
iii. Start a network marketing business by buying into an existing business system.
Among the three, starting a network marketing business is the easiest and least expensive. More so, it is the one that has the best business support and is open to every day ordinary people like majority of the poor and middle class people. If you really want to start solving your financial problem by building a network marketing business, join my SuccessPlus team now and leverage on our experience.

The answer is ‘Yes’ and ‘No’. I have my reasons. First No, if you don’t have the skills, whatever you acquire by luck in terms of wealth will not last. I’ll also say yes, because when you’ve skills, more opportunities will continue to come your way even by luck. Although, opportunities dance with those who are already on the dancing floor, so get financially intelligent and stop waiting on luck (Baba Ijebu).
It is an unfortunate thing that one of the most essential educations that we need in our lives is seriously lacking in our education system…Financial Intelligence, that part of our intelligence that is used in solving money problem. Financial intelligence is missing in the curriculum of our school system, from kindergarten to the university. The worst is that what is taught in our school system about money and its management is grossly against the rules of financial intelligence.
Irrespective of the numerous changes in the rule of money, majority of the world population still live their lives with the 20th century mentality about money. The society preaches; “Go to school, get good grades and get a secured job that has good retirement plan.” This does not work again in today’s 21st century economy. Why?
The economy is changing every day. The rule of money is also changing as well. First, there are no more jobs not to talk of secured jobs. Even the so called secured jobs with good retirement benefit cannot fetch you financial freedom. If you don’t know, financial freedom comes with time freedom and this means that you own your life. Money is not your problem. You can buy anything that you desire that money can buy. You can afford to sleep and play around the world from 1st of January to 31st of December without working and yet you live your dreamed lifestyle enjoying whatever you desire. This is what I mean by owning your life. You are truly free because you have built a business system which gives you leverage and leverage pays you residual income and residual income makes you free. This is the kind of lifestyle that is only dreamed by many but enjoyed by a few.
Statistics have it that only one percent of the world population is enjoying financial freedom. But the truth is that if you are financially intelligent, the probability of you attaining financial freedom in your lifetime is very high. This explains why so many people will continue to struggle all their life working harder and having very little to show for it. Again, you can acquire financial intelligence and develop your financial IQ in your lifetime. All it takes is commitment, discipline and taking action. If you want to start your journey to improved financial intelligence and subsequent attainment of financial freedom, keep a date with this thread.

Welcome to Lesson #3 of Tom 'Big Al's Leaders Home Course
Generals make a difference.

Imagine that you are dictator of your own country.
That's pretty good - you have your own army and
you have five loyal generals. You also have
100,000 infantrymen. (Of course, the generals
represent leaders and the infantrymen represent
distributors in case you're not following this
analogy.)

What happens next is that one night I sneak across
enemy lines and attack your army. I use my pink
belt in karate and go chop, chop, chop and I beat
up all 100,000 of your infantrymen.

The next morning you wake up and you have five
generals left. All of your infantry went home to
their mothers for sympathy.

Now, here's the important question.

>> With only five generals left, could you rebuild
your army?

Of course you could. That's the importance of
leaders. When things go bad and everyone abandons
the ship, you can still rebuild your organization
if you have loyal leaders.

What if the opposite were to happen?

What if I were to sneak across enemy lines and
kidnap your five generals? What would happen then?

The next morning, you wake up and all you have are
your 100,000 infantrymen with no leadership or
direction. They start marching in circles, firing
inward, stepping in latrines, getting lost - it's
a disaster!

So as you see, generals are everything.

>> Some networkers build leaders. Other networkers
are just busy.

That's the difference why some networkers can work
for a few years and finally retire from their
business. These networkers focused all their
activity on building leaders.

The other networkers? The ones that were just
busy? Well, they're still busy.

If you're not convinced that building leaders is
important by now . . . well, you can save yourself
some time by not reading any further.

>> Okay! Okay! Let's get some leaders!

We need a step-by-step plan. And that's easy
because I studied engineering. If you're not
familiar with engineers, we need a step-by-step
plan for everything. That's why we're incredibly
cool people with a keen sense of fashion design.

For instance, when we walk, we have a plan. We're
thinking:

'Left foot, then the right foot. Left foot, then
the right foot, etc.'

So, back to our plan. We're going to create our
master plan in three easy steps. By mastering each
step, one at a time, we'll end up with an
organization of leaders.

Here are the steps to master:

Step #1: Define what a leader is.

Step #2: How to find leaders.

Step #3: What to teach leaders.

Step #1 is very important. Before we go looking
for leaders, wouldn't it be a great idea to know
what a leader looks like?

It's a lot easier to find somebody if we know what
he looks like.

On a recent teleconference training call, I asked
the group:

'Does anybody on tonight's call have a good
definition of, what is a leader?'

The answers were:

* Someone who is willing to step up and help to
encourage others.

* Someone who makes sure that he gets done what
needs to be done.

* Somebody who is coachable.

* Somebody who is good with people -- a good
communicator.

* Someone with a vision.

* A leader is somebody who wants to learn and
wants to succeed.

* A leader is someone who commits to taking the
action that's required to make it to the top.

And that was the list. The rest of the callers
were silent. I don't think they ever thought about
this question. I can't imagine how they looked for
leaders if they never even knew what a leader
looked like.

All of the above definitions are nice, but we
need something more useful.

In Lesson #4, I will share with you my THREE
DEFINITIONS of a leader.

Once we know exactly what we are looking for,
it gets easy.

How to fill your room with smiling prospects.
Culled from Tom Big Al’ Schreiter’s Blog


An enterprising pizza restaurant might make this offer:
"If you have an 'A' on your report card, get free pizza on Tuesday night. Just bring your parents."
Why would the restaurant make this offer? Because they make plenty of profit on the food and drink the parents order.
Could you make the same offer? Yes.
You could partner with your local pizza restaurant with this promotion and you would have a captive audience of parents. Why not make a short presentation or give out information about your business? After all, you are the co-sponsor.
Or better yet, use your imagination and make up your own marketing promotion.
For example, if you sold diet products you could offer a free pizza buffet for people who wanted to lose 25 lbs. or more. For the cost of a pizza buffet, you would have a captive audience for 15 minutes to describe your weight-loss program.
And think about the "bait" you are using. Fat people didn't get fat by eating sushi. So they will be looking forward to coming.
And, your marketing program would have a curiosity twist to it also. I bet many fat people would be thinking:
"Weight loss? Pizza buffet? That's different. Maybe I should go."
Curiosity sells.

To the guys that commended my post, thank you. But to those who boo it, I also say thank you. One thing is for sure, the rich will continue to get richer and the poor/middle class will continue to get poorer. To those who care for good advice, kindly identify your passion/talent, develop it and turn it to a value that will attend to a particular human need. Focus and persevere in action and be rest assured that your success must surely come.
As a person, I only give people business advice when they have shared their passion and dream with me, not how much they have got to spend. It is not the money that matters but the viability of the idea. And you must love it or you'll not persevere in the days of business tribulation. Passion is the fuel that drives great entrepreneurs to build great enterprise from scratch even when the reality looks very different from their big dreams.
Once more, to those who care to know, get financially intelligent.

Brother, I want to talk to you like a brother and as a good friend. See, financial intelligence is very important in our lives but it's unfortunate that it's lacking in so many people's lives. That is why a lot of people will continue to struggle all their lives and have little or nothing to show for it. It's not really their fault per say because financial intelligence is conspicuously missing in our education system, starting from the kindergarten to the university.
Financial intelligence is that part of our intelligence that is used in solving money problem. It attends to the 4 most important things about our cash flow (money), that is, income,expenditure, asset and liability. If you don't have financial intelligence perspective understanding of these concepts, you'll continue to work hard all your life, working for money. Let me be a bite practical. The wealthy do not work for money. They work to create wealth. They don't work for money rather money work for them. They identify a particular need in their environment, come up with a value that will solve this need then create either a product or service which will represent this value. Then, they build a business system in which other people work, to offer their valuable product or service to those whose need it will solve. This way, these people exchange the valuable product or service for money. The owner of the business system pays the people working in his business system a small percentage of his system's monthly turn-over, invest back 50% for the business system's up-keeping or expansion and pocket the remaining lion share. This is why the rich will continue to get richer while the poor and the middle class will continue to get poorer. The rich has learned to work not for money but to create values through their business systems and their systems continue to pay them big money without them working in it rather other people work for money in the systems of the rich. They work to make the rich more richer. This is the fundamental of financial intelligence.
Why I'm taking my time to explain this to you is because your post in nairaland shows that you don't understand the secret of wealth creation. What I expected you to ask is, what idea can I develop which will solve any particular environmental need thus making me build a business that can be paying me for life. Before I go further, let me explain the difference between owning a business and running a business. If you are a business man, whether it's trading, service providing or manufacturing business, and you cannot leave your business for two months without you having any form of interference with the day to day transactions in your business, and while you're away, your business is paying you well and even when you return, you meet your business better than you left it, then you don't own a business rather you own a job. The business owns you and you're running it. Those who own a business build a system in which other people work and their system pays them handsomely. Their money work for them. Back to the question earlier asked. Brother, nobody will offer an idea that will be paying you all your life. I've never seen anybody who picks up a gold and dashes it to someone else. The only way to go about it is to get financially intelligent. Then and only then can you build a business system that will pay you all your life. Mind you, it's not a get rich quick thing. It's not a show-me-a-magic-button kind of thing. It is a continuous life education. You improve while you are learn, learning by studying and practicing it.
If you have any further inquiries, kindly check my link below. I'll be willing to help you. My passion is to help other people succeed.

Welcome to Lesson #2 of Tom 'Big Al's Leaders Home Course


In Lesson #1 we discussed that the fastest way to build
a large organization is through the help of
leaders. We also defined the difference between a
network marketing leader and a distributor.

When we focus on leaders, it changes how we build
our business.

People always ask me:

'Big Al, what's the secret to success in network
marketing?'

I have a quick, short answer that I've used for
years and it goes like this:

'To be successful in network marketing, all you
have to do is build leaders and make them
successful.'

In other words, if you had a choice to go out and
do a retail party to sell some skin care or long
distance or whatever, that's nice - but that's
probably a job. That's not building the type of
residual income business you want.

While this activity is part of your business, this
activity will not be the fastest route to your
goal of becoming a leader.

You have to think differently if you're going to
build a large and successful downline organization.
You're going to carefully focus on which activities
you do, because you want to be a leader.

>> I'll show you the difference.

Several years ago, I went over to start a downline
in England. I arrived and a friend of mine, John
Church, met me at the airport. Because I had a
relationship with John, he had already committed
to becoming a distributor - even though he had no
details.

As I walk off my plane, John is waiting for me. He
has his first prospect with him, a man named
Brian. Well, I gave a horrible, jet-lagged
presentation and Brian joins. He didn't join
because of my presentation. He joined because he
was a friend of John Church.

Relationships do make a difference.

John Church and I then proceeded to drive towards
his home so I could get a bit of sleep. Before we
arrive at John's home, his mobile telephone rings.
It's his new distributor, Brian.

Brian says:

'I have a contact about eight hours away in
Scotland and I would like it if you could go talk
to him. I just hung up the telephone with him and
he said he may or may not be interested - but he
would take a look at the business if you'd drive
up to meet him. He'll come two hours closer if you
will drive the other six hours.'

John looked at me and said:

'Eight hours?'

I replied:

'Tell Brian that it's no problem. We're on our way
- just give us directions.'

Well, I didn't get that nap I wanted. Instead,
John and I just kept on driving to Scotland. Along
the way, John said:

'Are we crazy? We're driving six hours for someone
who might not even show up!'

I said:

'That's OK.'

John gasped:

'What do you mean, it's okay? Six hours up and six
hours back and this semi-committed prospect might
not even show up!'

I explained my position:

'John, we're not going there to give a
presentation. We're going there to support Brian.
We want to let Brian know that because he wants to
be a leader, we're going to help him to the ends
of the earth no matter what until he becomes a
leader. If this prospect shows up or not, it's
irrelevant. It's no big deal. We're driving six
hours to show our commitment to Brian.'

That's the difference in focus I'm talking about.
Because we're focused on building a leader, our
activity changes also. We will concentrate on
different tasks and take different viewpoints on
situations than other networkers because we're
building leaders.

The above example with Brian and John will also
change how you feel about failure when somebody
doesn't show up at a meeting, or a lot of guests
don't come. You'll have less stress and more focus
because you're thinking:

'The reason I'm doing this meeting is to develop
this person into a leader.'

This helps us focus on what we're doing because we
know why we are doing our present activity. This
focus and understanding helps us get along in our
business, and we make progress.

As a side note, John Church uses this activity
focus to build leaders and get out of their way.
So if you don't believe it works, just call him.
You'll get his answering machine as he's always
golfing or on vacation.

So that's what I mean by changing what you do to
build leaders versus lots and lots of activity,
which can take up our day.

In Lesson #3 I'll give you a good example of why
it's better to have one leader than 100 distributors.

I will be sending you Lesson #3 in a few days.

Contributed by
Tom 'Big Al' Schreiter (US Network Marketing Superstar)
Fortune Network Publishing

Introduction to Network Marketing: The Fundamentals That You Must Know to Succeed

Network marketing otherwise known as multi-level marketing (MLM) is one of the fastest growing yet most misunderstood methods of moving products in use today. It has been in existence since 1960 starting from the United States of America. The first network marketing company that started in history is known as AMWAY which is the short form for American Way. Presently Amway is quoted on the stock exchange and their annual sales turnover is in excess of $200billion. Certain people see this industry as a resort for persons who could not get a place in the traditional corporate business world i.e the white collar job. But network marketing just like every other product/service distribution model is an honorable means of livelihood and business model.
What is network marketing?
It is important you understand what network marketing is so that you can correct the negative uninformed knowledge that is planted in the minds of so many people which they got from those who could not wait to understand how this industry works before they quit in their network marketing business. Let us start from the basic. Marketing simply means moving a product or service from manufacturer or provider to the consumer. Network marketing refers to the system of compensation provided to those persons who are causing the products to move or the service to be provided. Multi-level marketing or network marketing means more than one (network) level.
There are only three basic methods of moving products;
1. Wholesale/Retailing Model: This is the traditional distribution model which uses the advertisement media and wholesaler to move their products. It is the most common model but it is aimed to enrich the already rich wholesalers and advertisement agencies.
2. Direct Sales: This just like network marketing is a model where the manufacturer or service provider sells the product direct to the consumer. But sales instead of sharing are emphasized.
3. Network Marketing: This is a model where the manufacturer or service provider offers their products and services direct to the consumer at the cost price and also pay them compensation for buying their products/services and at the same time for sharing the products/services with their friends, associates and relations.
Most objections that people have about getting into network marketing are due to not realizing the difference between network marketing and direct sales method of marketing. Network marketing does not necessary mean door-to-door selling of products but sharing of valuable products and services. What I mean by this is that you use the product which is of more quality than their rival in the market and at the same time share same with others. (Mostly family, associate and friends)The most significant difference between MLM and direct sales is that you are in business for yourself. But in direct sales you are not for yourself but for the company you are representing.
Being in business for yourself, you are buying the products wholesale from the company you are representing. This means that you can (and should) use these products for your own consumption. Note that many people get involved in a company at first for this reason alone, to buy wholesale. And many of those will get serious in building a business along the line. Since you are buying your products at wholesale, you can, if you wish to, sell those products at retail band make a profit. The most common misunderstanding about MLM is the notion that you have to sell retail to be successful. There is a lot to be said for selling about retail which will be discussed in the members’ training session. The most important point is that you should let your sales come as the natural result of building the organization. More people fail than succeed by trying to do it the other way around, i.e they try to build the organization by emphasizing selling.
The word selling triggers negative thoughts in the minds of about 95% of the people. In MLM you don’t need to sell the products in the traditional sense of the word. However, PRODUCT DOES HAVE TO MOVE or nobody gets paid. I define selling as calling on strangers and trying to sell them something they may neither need nor want. Again, product has to move or nobody gets paid! To understand this, I will adopt Metcalfe’s Law which states that a network’s economic value equals to number of users squared. (Robert Metcalfe is one of the people credited for creating the ethernet, the earliest form of internet) Stating Metcalfe’s Law in simpler terms, if there exist just one telephone, that single telephone really has no economic value. The moment there are two telephones, according to this law, the economic value of the phone network is now squared. T hat is, the economic value of the network would go from zero to two squared which is four. Add a third phone and the economic value of the network is now nine. In other words, the economic value of network goes up exponentially, not numerically. Similarly, in MLM when you build an organization, you are building a network through which you can channel your products. Retailing is the foundation of network marketing. Sales in MLM come from members sharing with their friends, neighbors and relative. They never have to talk to strangers but what they do is to consciously make more friends and in share their products with their friends.

At SuccessPlus Team, I passionately help people who are committed to owning their lives to build a network marketing business that will be paying them big paycheck. It will just take a short two years of commitment and hard work from you. It's cheap to do and the least risky way to own a multi million naira business. You can have a date with me at the link below.

The Secret Of Wealth Is Leverage and Residual Income

Some people go through their entire lives without being exposed to the term residual income, however with our education background and experience in wealth creation we feel that it is our duty to let people know that there is a better way.
Residual income, also known as passive income, can be defined as income streams that are generated from the past efforts of an individual and/or current effort of others. A good example of this includes the additional pay given to a performer for re-runs, repeated use of a film, radio or TV commercial etc., in which the performer appears.
To fully appreciate the concept of residual income we must first understand the way in which most people get paid, and that is in the form of linear income. Linear income refers to trading hours for money. For example, most people go to work for 8 hours a day and get paid for 8 hours work. The problem with linear income is that there are only so many hours you can work and the minute you stop working, you stop getting paid.
In my early days, I graduated as an engineer, found myself a job and like most people every fortnight I got paid a check for 80 hours of work. After a couple of years of working as an engineer, I got married to my lovely wife and before long we had our first child. Three months before our first child was born I filed for paternity leave. It was on this day, I learnt that I would not get paid for paternity leave and I would have to take holiday leave to receive payment. Living with a mortgage, I was forced back to work so we could pay the bills when I would have preferred to be at home, looking after my first child and my wife.
I’m telling you this story because many of you may find yourselves in a similar situation, where when you stop working so will your pay - this is the limitation of a linear income.
It was at this stage of my life I knew I had to find a way to make money even when I wasn’t at work. As the law of attraction took effect, it was not long after that an old university mate called me to catch up. When I told him my dilemma he basically told me there was a better way. He explained that if I implemented the right strategies I potentially could stop work, travel around the world for 6 months, lazing in the hot sun sipping on a margarita in the Caribbean and my income would continue to roll in. This kind of income sounded very appealing, as I’m sure it does to you. My friend then went on to explain the concept of residual income and I have not looked back since.
After doing a bit of research and reading a few books on the issues, I discovered residual income was not a new concept and that the wealthiest people in the world today do not trade their time for money, instead they earn their wealth through the means of residual income.
To demonstrate how residual income works, let’s use the example of a well known actor such as Mel Gibson. Mel started his film debut at the age of 18, starring as the lead role in the movie Mad Max, which was first released on 12 April 1979. The film was independently financed and had a reported budget of AU$300,000 — of which $15,000 was paid to Mel for his performance. To date, there has been over a $100 million dollars in profits made worldwide from this production.
For fun, let’s say there has been 10 million DVDs sold with a profit of $10 each, totalling the $100 million in profits made. Now let’s say that Mel made a deal with George Millar, the producer, to receive 50 cents for every DVD sold. Despite the fact that Mel only made $15 000 for initially starring in the film, to date he would have been paid $5 million dollars in royalties for the 2 years work he did almost 30 years ago.
Now I’m not sure if Mel was savvy to this way of making money back then, but he definitely is now. Today when Mel Gibson stars in a movie, he may get paid more than $20 Million dollars up front for the role, but as a smart businessman he also ensures he gets paid royalties, meaning that he continues to get paid a small commission from related merchandise item sold. Although Mel has finished making a movie which can take 12 months to complete, he will continue to get paid for the rest of his life. Now that’s residual income.
Other examples include writing a book or a song where you continue to get paid a royalty each time the book is sold or the song is played on the radio. I know you’re probably thinking yeah, but I’m not an actor or I can’t write or sing, well neither can I, but what I do know is that there are other ways that allow the average person to earn a residual income. I just encourage you to do your research to see which method works best for you.
The good news is that there are several avenues to generate a residual income, some of which are discussed below.
Operate a traditional business

In this option you choose to start your own business and sell or resell goods or services earning a profit on each item sold. Although many people initially consider this option they soon learn that this method usually requires a major financial investment which many do not have. Additionally there is the need to have a good understanding of cash flow, marketing and management skills and if your business succeeds you won't have just one boss; every customer becomes your boss.
Although some may find owning a traditional business rewarding, this risky venture usually requires a huge commitment with very long hours where you basically become a slave to your business. This is not to deter people from looking at this option, as with the right approach it can be financially rewarding. Research does however suggests that the odds are against success, especially if you begin without substantial funding. About 80% of small businesses fail within their first year. A further 15% will fail within 5 years. Out of the 5% left very few will be around for another 5 years.
Investments

Stocks and bonds, real estate, venture capital, and other investments are proven ways to earn residual income - but they require substantial up front capital. For your money to earn money, you must have a great deal of it to start with, which is great if you do, but unfortunately most people don't. The current average superannuation payout is about $226 000. If this amount was invested at the current interest rate of 5% this would equal $11 300 p/a in interest or $217 per week to live on. How much do you live on now? Are you willing to give up your quality of life, or is there a better way?

Network Marketing

This method of delivering goods and services to the public is creating one of the fastest growing industries across the world, offering distributors a residual income in return for a low risk investment. In particular there are about 150 000 people globally entering the network marketing industry every single week, all hoping to capitalize on this growing trend that is being endorsed by leading financial businessmen worldwide.
Robert Kiyosaki, famous author of many wealth creation books including the "Rich Dad Poor Dad" series, has been a big advocate for the network marketing industry for many years. He explains that anyone with drive, determination and perseverance can build wealth and residual income through a revolutionary business model that is designed for people who like helping people.
For people who desire residual income who don’t have the capital to earn it through investments, or the talent to earn it through royalties, network marketing is a growing trend that offers a simple business model that is proven to help everyday people earn financial freedom through residual income.

At A2W SuccessPlus Team, I help people who are committed to owning their lives to build a network marketing business system that will continue to pay them big residual income all their life. It takes just a short two years if you are committed to our system. You can have a date with us through the link below.

Article contributed by Troy Rocavert (US Network Marketing Superstar)

ATTITUDES OF A GREAT NETWORKER
Every successful network marketer do these to get to where they are
1. Time: They dedicate a specific amount of time daily to their business. If you're doing your MLM business part time while you're on your full time paid job, you should be committing at least 2 hour daily to your business. At this stage of your business, what you need to be concentrating on is lead generation, lead calling and follow through, personal development and prospecting. You should have at least a warm list of 200 names (mandatory). Passionately call your friends, relations and associates to share your excitement about your business, schedule appointments with them to show your plan. Out of your 2 hours, one hour daily should be dedicated to prospect/leads calling. Spend 30 minutes to study your business(audio/video presentation/touring your website) or reading motivational or network marketing enlightenment books daily. The other 30 minutes should be used for online prospecting. Do not forget that you should be coming back with leads daily as you go about your daily normal life activities. Don't pitch your business on strangers but consciously make new friends first before you can introduce your business later. Our business is a relationship business. Pitching your business on strangers bring about high level of rejection and frustration. Just like every business, time is essential. Network marketing is no difference. It's not a hobby but a real business.

2. Energy: Successful network marketers put in enough effort that see them through to success. A lo of hard work and smart work is required in our industry. Just like in every business, the early days is full of hard work and smart work to build your business to a level where it can be flowing on the business system you have built. Put in the hard work doing the right thing and it will pay you handsomely.

3. Frustration: Every great network marketer started as a lousy networker. But over time due to personal development and support from experienced upline, they improved and went ahead to become champions. If you must succeed in our industry, you need to develop enough capacity to manage frustration because you'll get a lot of frustration. In these turbulent period, inspire yourself with your goals and vision. A goal that is clearly visualized and held with faith must come to reality if you persevere. In our industry, quitters don't win and winners don't quit. Just stick on to your business, be consistent on your commitment and certainly, you will succeed. One of the secrets that make people to succeed is that you should learn not to be pitching your opportunity on strangers. Be a professional in your business. When you meet strangers, your focus should be to first make them friends. Chat them up and exchane contacts. Don't discuss your business but talk generally on life, career, cash flow management, personal growth goals and entrepreneurship dreams. Follow up with periodic text messages to compliment their days. Also, call occasionally to chat them up. It is on one of these calls that you can introduce your business naturally. Again in network marketing, de-emphasize selling rather share your valuable products and services with friends, relations and colleagues.

4. Change: Something has to change inside for something to change outside. Your attitude and mindset about our business need to change. Constant personal development is key to this part. Read a lot of books that can help you in your business. Nobody gives what he does not have. If your content is reach, your presentations will be attractive and contagious. Knowledge builds confidence and confidence helps you to win more people to yourself. Always be positive and take life as fun. If you maintain these people will always want to associate with you. naturally, you make more friends. As you know, our business is a relationship business and numbers are important in our business. This factor will also help you in being a good leader and an effective teacher who can help his team members grow.

Fellow network marketers, implement these and watch your business grow. See you at the top!

9 Hottest Must Know Secrets to Network Marketing Big Paychecks
Many people fail (quit) in our industry and it baffles me why somebody who is reasonable will prefer an 8 to 5 kind of lifestyle instead of sticking it out with his/her network marketing business till it delivers. My thought...... It's lack of focus and faith in them.

You know one of the things we look out for is someone who is coachable and has a burning desire to succeed. Those are important in a prospective leader in our business. The problem is that many think they are coachable but they lack the discipline to put their blinders on, lack the work ethic, consistency, and the focus to stick it out during the hardest times. I watch people come and go in this industry and I can always pin point exactly why someone fails. Many of those reasons are:
1. They have no direction or guidance from a mentor who is always available to take their call or answer their emails.
2. They are all over the place dabbling into too many opportunities and marketing strategies.
3. They lost their blinders and run after one shiny object after another.
4. They don't invest in themselves and/or their business (This is BIG)
5. They expect the rainbow first and refuse to go through the storm to get it (aka Quitters)
6. They are all talk and no action.
7. They refuse to really be honest with themselves when they really know what it takes to be successful
8. They lack the work ethic and consistency.
9. There WHY just isn't big enough to overcome their obstacles.

Okay I could go on and on but I won't.....
I write this because I want you to have success too in your network marketing business. Just appraise yourself and do the needful immediately and your business will be paying you good money.
See you at the top!

Businesstools has made a lot of wonderful contribution in this thread. The truth need to be told, you cannot achieve financial freedom working for someone else. While the rich work to build business systems in which others work for for them and their systems pay them residual income, the poor and middle class people work for money.

If you've not got a job, I encourage you to start by working on your mindset, find out your life purpose and start working on living it. What it takes to create wealth is finding a gap within your environment and start thinking of how to create a value that can fill it. If you are too scared to start something immediate, kindly look for a good network marketing company and start building a business for yourself.

If you find it difficult to find one, I recommend the one I'm involved with. Network marketing is working and it's the easiest, cheapest and fastest way to build a business. Don't take my words for this but Donald Trump said it better;
“If I lost everything and had to start again, I would find myself a great network marketing company and get to work!”
- Donald Trump, on the David Letterman Show

Many people fail(quit) in our industry and it baffles me why somebody
who is reasonable will prefer an 8 to 5 kind of lifestyle instead of sticking
it out with his/her network marketing business till it delivers
My thoughts...... It's lack of focus and faith in themselves.

You know one of the things we look for is someone who is
coachable and has a burning
desire to succeed.

Problem is many think they are coachable but
they lack the discipline to put their blinders on , lack the work
ethic, lack consistency, and lack the focus
to stick it out during the hard times.

I watch people come and go in this industry and I can always pin
point exactly why someone fails. Many of those reasons are:

1. They have no direction or guidance from a mentor who is
always available to take their call or answer their emails
2. They are all over the place dabbling in too many opportunities
and marketing strategies
3. They lost their blinders and run after one shiny object after another
4. They don't invest in themselves and/or their business (This is BIG)
5. They expect the rainbow first and refuse to go through the storm
to get it (aka Quitters)
6. They are all talk and no action
7. They refuse to really be honest with themselves when they really know
what it takes to be successful
8. Lack the work ethic and consistency
9. There WHY just wasnt big enough to overcome the obstacles

Okay I could go on and on but I won't.....

I write this because I want you to have success too in your network marketing business.
See you at the top!

The Power of Leverage

Leveraged income can be defined as the income derived from the efforts of others. Unfortunately the majority of people in the world today earn a linear income, which basically means that they trade their time for money and unfortunately no matter how clever they are or how high their hourly rate, they are still restricted to only 24 hours in a day and therefore a limited earning potential. Leverage on the other hand, allows you to use the time and efforts of others to create an income. By learning to leverage your time, you can financially benefit not only from your own efforts, but from other people’s efforts as well. Hence, the below statement;

“I would rather earn 1% of 100 people’s efforts than 100% of my own efforts”
John Paul Getty
(American Billionaire)

How Can I Leverage Other Peoples Efforts?
Imagine that you are in the business of mowing lawns and that you could make $40 for every lawn that is mown. If you were to average 5 lawns per day, you would earn a gross income of $200 a day before expenses. This is an example of a linear income where you use 100% of your own efforts to create an income. This is what the majority of people do their entire lives.
Now imagine that you owned a lawn mowing referral business where instead of mowing the lawns yourself, you spend your time finding lawns that need to be mowed and employ contractors to do the physical work. Let’s say you have got to the point where your business now employs 20 contractors that each mows 5 lawns per day. You pay each contractor $30 per lawn, but you charge $40, such that you make a profit of $10 per lawn. 20 contractors mowing 5 laws each means that you are now mowing a total of 100 lawns a day, which is a lot more then what you could have done by yourself. Even though now you are only earning $10 a lawn in profit yourself, when you add it up your miles in front. Using the power of leverage you are now earning $1000 a day (ie $10 per lawn x 100 lawns per day = $1000 per day).
So basically you could spend your days getting dirty and sweating as you work hard (not that there is anything wrong with this) and get paid $200 a day, in which you then need to deduct expenses such as running costs and maintenance OR you could earn $1000 per day, just finding yards that need to be mowed. As a smart businessperson which is the smarter option?

Don’t get us wrong, to get to the stage where you can start to leverage off others you may have to do the physical work first. That is, it might take you a year of mowing lawns yourself before you have an adequate customer base before you can start to employ contractors to do the work for you. But a smart business person is willing to make short-term sacrifices to make long term gains.
Unfortunately in most traditional businesses, like the example above, the only ones who benefit from the work of others are the business owners, even though it is loyal hard-working employees that do most of the work.

Does this mean you should quit your job tomorrow and start your own business? Well if you have a solid referral base, a good understanding of cash flow, management skills and the capital to get you started, you might consider it. Unfortunately the majority of people are not in this position. The good news is that today there is a business opportunity that allows you to use the power of leverage without having to quit your current job, or require a substantial up-front investment. This is the power of network marketing.
Not only does network marketing allow you to benefit from the work efforts of others but it also earns you a residual income, the kind of income that when you walk away, it continues to pay you. Because network marketing uses both the power of leverage and a residual based income it is now being recognized and endorsed by many business leaders in the world today.

“If I lost everything and had to start again, I would find myself a great network marketing company and get to work!”
- Donald Trump, on the David Letterman Show

Network marketing is no longer something to joke about; it is creating more millionaires today than the dot com boom industry did before the bubble burst. This is the reason why respected entrepreneurs like Warren Buffet, Donald Trump, Robert Kiyosaki, economic forecasters like Paul Zane Pilzer and life and business coaches such as Dr. Denis Waitley are all recommending this proven system. In fact there are about 150 000 people just like you, joining network marketing every single week.

Traditional businesses fall into the trap of developing and training people, just for them to move on to starting their own business and become a direct competitor. One of the main advantages of the network marketing business model is that it allows you to help others succeed without creating competition, instead you get to leverage off the success of others, ultimately contributing to your success.
Better still is the fact that you don’t need a university degree or large capital to get started in the industry. Network marketing offers the power of leverage to earn a residual income to anyone who is willing to succeed.
As with any business opportunity, in order to be successful you find that timing is half of it and execution is the other half. If you're looking for the right business opportunity that allows you to capitalize on both the power of leverage and growing market trends to create a powerful residual income then network marketing is the answer you have been looking for.



Contributed by Troy Rocavert (US Network Marketing Top Earner)

Lesson #1: Big Al's Leaders Home Study Course

Every network marketer wishes that he had a
massive organization and more leaders in his
group. Life would be wonderful. The bonus checks
would be too heavy to carry. And, he could watch
cable television 24 hours every day.

So why not take a shortcut to build your network
marketing business? The fastest way to build a
large organization is through the help of leaders.

We can't build a very large network marketing
organization on our own if we only sponsor
distributors. Our time is limited. We can only
service so many distributors and their problems.
Even the best distributors need some service and
help.

The way to multiply our efforts is to create
leaders who can take care of their own groups.
Duplicating ourselves by creating new leaders is
the only way to build a large, massive
organization.

>> Then where do we begin?

First, let's define the difference between a
network marketing leader and a distributor.

Distributors are temporary. They come and go in
our business. Sometimes they work hard and build
groups, and other times they may continue as a
wholesale user of the product, or even quit. And
it's okay that distributors are temporary. They
should have the right to come and take out of our
business what they want.

For instance, here are some things distributors
want from our business:

* The ability to save on their personal purchases.

* A chance to make retail sales and profits.

* A feeling of belonging to a positive group of
people.

* A chance to develop personally.

* Some quick checks to pay off the VISA bill.

* A part-time income to put a child through
college.

* Car payments.

* Enough money for that one dream vacation.

All these reasons to be a distributor are good. We
should support and service our distributors to
reach these goals. However, the truth is that this
support and service should only take 10 or 20% of
our time. Why?

>> Because distributors don't want or need a lot
of support.

Some distributors say:

'Oh, don't keep calling me about those opportunity
meetings. And I'm not interested in those training
meetings either. Call me when the president comes
to town, or if the company introduces a new
product. Otherwise, leave me alone.'

That's okay. We only want to help distributors get
what they want out of our business. We don't want
to push our agenda on them. They'll appreciate
that we respect them as adults and let them choose
their own goals.

But remember, your distributors only have a
temporary commitment. When the newspaper writes a
bad article about your company, your distributor
might leave. Or when the home office forgets to
return the distributor's phone call, again, the
distributor might quit. Or maybe a little bit of
rejection from prospects will quickly end your
distributor's career.

>> Distributors come and go, but leaders are the
real thing.

Okay, we all know that leaders are more important
than distributors. Most distributors are temporary
and have a temporary commitment toward your
business - and that's not bad. Like all of us,
they're going to take what they want and then get
on with their lives.

But leaders are going to stay with you and your
business for a long time. So which would you
rather have - one leader or 100 distributors?

That's easy for us to answer. One leader!

However, you might be thinking:

'Yeah, having one leader is great, but maybe 100
distributors would give me some pretty good bonus
checks.'

The problem is that we'll have to replace those
100 distributors as time goes on, and instead of
building this residual income that we talk about,
we end up with just a full-time job replacing
distributors.

Why not spend the next day or two analyzing your
organization? Determine how many leaders you
have and how your business will be affected if you
put more focus on building and training those
leaders.

I will be sending you Lesson #2 in a few days.

Contributor:
Tom 'Big Al' Schreiter (US Network Marketing Superstar)
Fortune Network Publishing

Thanks guys for the encouragement.
In the face of face of economic recession, downsizing, merger and acquisition and high level of job lost, it is important that every employee think of having a Plan B. Sure, whether your job looks secured or not, Plan B is always good. After all, one is risky. Let's look at this illustration together, if you visit a friend and he gives you a chair that has one leg to sit with, how will you see such a friend. Isn't he wicked? The fact is that most of us are doing ourselves this same thing by keeping to one source of income i.e a paid job only.
If you ask for my candid advise, I'll ask you to look for a good network marketing company, find an upline who understands the business and is ready to help you succeed and sign up under him/her. Just disabuse your mind of every negative thing you think about network marketing and join the league of golden age entrepreneurs who are building solid Plan B business via network marketing.
If network marketing is not a good avenue to build wealth, Donald Trump would not launch Trump Network, Richard Brandson will not launch Vie Network, Robert Kiyosaki will not write a book to endorse the industry, Warren Buffet will not invest to the industry and many more great guys here.
In Nigeria, Prof. Pat Utomi is the country chairman of Avenues to Wealth, an MLM Company. There are people of all social strata building a wealth system through the network marketing industry both within Nigeria and around the globe. If you ask for my recommendation, I'll ask you to consider the company that I'm involved in. If you're interested to know about it, check my link below.

It's time for network marketing...whether you're in or not, it does matter because "Some will, some won't, so what after all, someone else is waiting". That's the SW Rule. Whenever a prospect says "No" to your prospecting, kindly bring this rule to mind. Guess, you know that prospecting is the soul of network marketing business. Adding fresh names to your list is very essential to your business. But, one thing I know is that if you're passionate about what you're doing, you'll be sharing the values that your company offer with so much excitement. Mind you, don't pitch your opportunity on a new pal you just met. First, create relationship. When you contact a new person, let you discussion be on general matters, then drive the discussion to personal goals and entrepreneurship dreams discussion. Finally, exchange numbers with the prospect. Follow through for some days before you can introduce your business opportunity.
In prospecting, apply all the methods available. Do online through social media and blogging, share fliers, put classified ad, meet new people as you go about your daily life. All of the count. As you build your network marketing business, always have your goals and dreams in mind. Learn how to increase your frustration tolerance level and have in mind that quitting is not an option.
I wish you all the best. See you at the top.

If you truly want a solid plan B business that you can be doing along side your plan A paid job, then you've got to plug in to A2W Ltd. It is an Australian conglomerate that operates in 120 countries Nigeria inclusive. There are 5 major businesses that the company offer those who plug in to the business.
First is A2W Retail. They are distributors to over 200 products and all those who have plugged in as their franchise owner can even buy retail unit at wholesale/distributors price. This way you can resell at a mark up. The goal here is to sell at a price cheaper than the market retail price since the company does not expect you to rent a shop or employ staff, but through word of mouth marketing you can sell any of the products on our catalog. Some of the products here are electronics (LG, Samsung, Haier Thermocool and Tamashi), IT (HP, Acer, Dell laptops,desktops, printer, projector, mobile phones, digital camera etc), Building materials (Dangote cement, Portland paint and toilet wares), Fashion (wears, perfume, shoes), food+groceries (bags of rice, provision, carbonated drinks etc) and so on.
Second is A2W Services. The company is a IATA licensed company. We offer travel and tour services. As our franchise owner, you can do flight ticket booking to anywhere in the world at 7% less the normal price. We are partners to 900,000 hotels globally who offers us different kind of discounts on their accommodation. Also,we package discounted tours to 14 tourist destinations such as Dubai, Maldives, Paris, Hawaii, Thailand, Hong Kong, Australia etc.
To be part of this business, you need to buy our privilege pack, for an annually renewable franchise fee of $330 (N57500)
If you need to know more about this business, let's talk. You can contact me on 08152694055 or visit the link below

I believe network marketing is one of the easiest to launch out business. The problem is that so many people are afraid of rejection as well as they want quick money. If you change your paradigm about the MLM business, open your mind to learn how it works, stick to your company and go to work, in a short four years, your business will be big enough to pay you a kind of reward you can't imagine. I'm a living testimonial.

Friend, the rich work not for money but to build a business system in
which other people work for them and their system pays them money. While
the poor and the middle class work for money. The fact is that the rich are
not motivated by fiat money i.e the cash which thrills most people, rather
they are inspired to create values which solve their money problem.

How is this possible? You may ask.
When the rich have money problem, they think of what they can provide which
will attend to human needs. The idea is to offer the society something
which will solve their needs and the people will naturally exchange this
for money. That way, they will continue to ask for the rich's value in
exchange for money. To sustain their valuable products and services, the
rich build a business system around their products and services, and the
employees and self employed consultants/contracts work in their system thus
minding the business of the rich. These people are paid a little percentage
of the proceeds from the business system while the owner of the system get
paid the biggest chunk of the proceeds. This is why the rich will continue
to get richer while the poor and the middle class get poorer.

The secret is that if you want to be rich and attain financial freedom,
start building your own business system. Business systems pay the rich
passive income and passive income makes the rich wealthy and financially
free. Friend, I guess you know that you become financially free when your
passive income exceeds your living expenses.

Friend, there are three ways to own a business system. They are;
i. Create a business system from scratch.
ii. Buy a franchise of a business.
iii. Start a network marketing business by buying into an existing business
system.
Among the three, starting a network marketing business is the easiest and
least expensive. More so, it is the one that has the best business support
and is open to every day ordinary people like majority of the poor and
middle class people.

The golden era of network marketing is still raving and making more people rich. It's an industry that defiled the recession.
Warren Buffet, the world greatest investor and the third richest man in the world has this to say;
"While the recession perseveres, my investment in network marketing companies keep making me more
money than I could have imagine."

If you have forgotten those dreams you had in your mind while you were growing up, it is important you reminiscence on your
childhood/adolescence days. So many dreams have been killed by the day to day struggle for money through rat-race (8-5) kind
of work. But, one thing is for sure. There are very few people who achieve financial freedom through 8-5 35 years plan.
According to a research conducted in US, 100 persons who started a career path at the age of 25 till 65 when they were supposed
to retire,
54% of the people at 65, were still dependent either to social security or their children.
16% were still working when they were supposed to be resting. That is they are retired but not tired.
24% were dead. This is true in US where the life expectancy is 70%. In Nigeria, where life expectancy
is 48 for women and 47 for men, the percentage will be higher than 24.
5% are independence. That is, they retired and they are managing their own thing which is taking care
of them without them disturbing or depending on anybody for their living expenses.
1% is free. That is, they don't need to work again but their passive income is bigger than their living
expenses and they are living their dream lifestyle.

From a further research, it is observed that 54% of this 1% that is free are those who retired as CEO/MD of the corporation where they worked. 56% are those who had a plan B, that is, they were building a business system while working their plan A job. They retired into a solid system that was paying them good passive income.

Friends, network marketing has proven to be one of the strongest vehicles that has helped the 56% of the 1% free persons who retired to solid passive income at 65. You can be building a network marketing business for yourself while working your join. It is a solid plan B option that can help you truly own your life and live your dreamed lifestyle. You can look for a good network marketing company that you like and find a success upline who can help you succeed in the business. It is working, it is real and it is working for me. I have just two years more to fire my boss and mind my business full time.

The 3 Golden Rules of Network Marketing
It's unfortunate that so many persons continue to fail in our industry but the truth is that network marketing industry continues to be the fastest industry that produce millionaires in any currency. Our industry continues to pay those that are doing the business the right way and not just paying them but is paying them well.

There are 3 golden rules that you must observe to excel in our industry. The first is that you must have a name list and it has to be minimum of 150 names. It's advisable you hand-write these names. If you're promoting your business offline, you can make a list of 150 names by compiling the names of all the persons you know. Please, don't prejudge. Everybody that you know or have come in contact with in your life should be in the list. If you're promoting your business online, just one or two well crafted classified can generate you more than 500 names in your list. It's not just generating the list but you must be contacting the list. In our business, the best and must effective way to make your list productive is by calling your list. It's important that you know that if you generate a cold list from online, it's not advisable to start pitching your sales on them immediately. Rather, start by building relationship with them. Share valuable information that can interest those in your list via email autoresponder and make it consistent for at least one month before you can introduce your opportunity.

The second rule is that you should increase your list by 10% monthly. For those promoting their business offline, this is the real networking job. The fact is that we come in contact with different people every day of our life but we don't make it necessary to exchange contacts with them. To increase your list, try to engage most of the people you come in contact with daily and exchange contact details; Names and phone numbers and don't be in a haste to share your opportunity. First, build relationship and then share the opportunity later. Be professional, be informed and be confident. If you do not read books, I'm sorry you've to start doing that right away. Listen to good audio/video information products and start mixing with positive minded people. If your friends are tire kickers, kindly drop them and start building new class of friends, people who are inspiring and with positive mindset.

The third rule is that you must do minimum of 16 presentations monthly i.e 4 presentations weekly. Without this third part, you cannot grow in the business. The more presentations you do, the better you become. Your confidence will soar and your conversion rate will increase.
Fellow Professional Enlightened Networker (PEN), if you truly want to achieve financial freedom from our industry, kindly start observing these rules and watch your business grow. I wish you all the best.