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Trump & Kiyosaki Tell
All
Why Do You Recommend
Network Marketing?
Robert Kiyosaki's Answer:
When I first heard
about network marketing, I was against it.
But after opening my mind, I began to see
advantages that few other business
opportunities offer.
Long-term success in life is a reflection of
your education, life experience and personal
character. Many network-marketing companies
provide personal development training in
those key areas.
Most schools train people for the E or S
quadrants, and that is great if those are
the quadrants in which you want to spend
your life. Most MBA programs are training
students for high-paying jobs in the
corporate world as an E, not a B.
What if you're in the E or S quadrant and
you want to change? What if you want to be
in the B quadrant? Where do you find the
education that trains you for that
quadrant? I recommend a network-marketing
business. I recommend the industry for
people who want to change and get the
necessary skills and attitude training to be
successful in the B quadrant.
Being an entrepreneur and building a B
quadrant business is one of the toughest
challenges a person can take on. The reason
there are more people in the E and S
quadrants is simply because those quadrants
are less demanding than the B quadrant. As
they say, "If it was easy, everyone would do
it."
Personally, I had to learn how to overcome
my self-doubt, shyness and fear of
rejection. And I had to learn how to pick
myself up and keep going after I failed.
These are some of the personal traits a
person must develop if they are to be
successful in a B quadrant business,
regardless of whether it is a
network-marketing business, a franchise or
an entrepreneurial startup.
An important personal
skill required for any B quadrant business
is leadership. Are you able to overcome
your own fears and have others overcome
their fears in order to get the job done?
This is a skill the Marine Corps taught me.
As Marine Corps officers, it was imperative
that we be able to lead others into battle,
even though we were all terrified of dying.
I meet many people in the S quadrant, the
specialist or small business owners, who
would like to expand, but they simply lack
leadership skills. No one wants to follow
them. The employees do not trust their
leader or the leader does not inspire the
employees to better themselves.
As mentioned earlier, Forbes defined a
big-business owner, a B quadrant business
owner, as a person who controls a business
with more than 500 employees. This
definition is why leadership skills are vial
for the B quadrant.
Where could you find a business that will
invest the time in your education, your
personal development and building your own
business? The answer is: most
network-marketing business.
Building a B quadrant business is not an
easy task. So you need to ask yourself, "Do
I have what it takes? Am I willing to go
beyond my comfort zones? Am I willing to be
led and willing to learn to lead? Is there
a very rich person inside of me, ready to
come out?" If the answer is "Yes," start
looking for a network-marketing business
that has a great training program. I would
focus less on the products or the
compensation plans and more on the education
and personal development program the company
offers.
A network-marketing
business is a B quadrant business because it
meets several criteria I look for in a
business or investment. Those criteria are:
-
Leverage:
Can I train other people to work for
me?
-
Control:
Do I have a protected system that
belongs to me?
-
Creativity: Will the
business allow me to be creative and
develop my own personal style and
talents?
-
Expandability: Can my
business grow indefinitely?
-
Predictability: Is my
income predictable if I do what is
expected of me? If I am successful,
and keep expanding my business, will
my income increase with my success
and hard work?
Isn't Network
Marketing A Pyramid Scheme?
I am often asked if network marketing is a
pyramid scheme. My reply is that
corporations are really pyramid schemes. A
corporation has only one person at the top,
generally the CEO, and everyone else below.
The following is an example of a
typical corporate pyramid:
Compare that to a network-marketing
business system:
A true
network-marketing business is the exact
opposite of a traditional business model.
A network-marketing business is designed
to bring you up to the top, not keep you
down at the bottom. A true
network-marketing business does not succeed
unless it brings people up to the top.
Additional Points Worth Mentioning
The following are some other points worth
mentioning:
-
Tax
breaks increase.
By
starting a network-marketing
business in your spare time and
keeping your regular job, you begin
to gain the tax advantages of the
rich. A person with a part-time
business can take more tax
deductions than employees can. For
example, you may be able to deduct
car expenses, gasoline, some meals
and entertainment. Obviously, you
need to check with a CPA for exact
rulings on your situation. And the
cost of your CPA is tax-deductible.
In most cases, an employee cannot
deduct CPA expenses. In other
words, the government will give you
a tax break for advise on how to pay
less in taxes.
-
Meet
like-minded people.
One of
the advantages I had is that my
friends also wanted to be in the B
quadrant. When I first started out,
most of my E quadrant friends
thought I was nuts. They could not
understand shy I did not want a
steady job or a steady paycheck. So
an important part of becoming a B is
to surround yourself with other
people who are Bs and want you to
become a B.
-
Give yourself time. It
takes time to be successful in any
of the quadrants. Just as it takes
time to climb to the top of the
corporate ladder as an E, or become
a successful doctor or lawyer In the
S quadrant, it takes time and
dedication to become successful in
the B quadrant. It took me years
before I built a successful B
quadrant business.
-
Network-marketing companies are
patient.
One of the
beauties of a network-marketing
business is that it will invest in
you, even if you are not successful.
In the corporate
world, if you are not successful in six
months to a year, you are often fired. In
the network-marketing world, as long as you
are willing to put in the time, most
companies will work with you in your
development. After all, they want you to
get to the top.
-
Leverage
the systems that are already in
place.
These systems are
already tried and proven, which
allows you to hit the ground running
instead of trying to build the
internal system of a new company.
In conclusion
After opening my closed mind, I could
finally see some of the unique benefits the
network-marketing industry offers people who
want more out of their lives.
Generally, it costs much less to get started
in a network-marketing company than to build
a business on your own.
-Robert
Kiyosaki
Donald Trump's Response
Marketing is a powerful
tool, and network
marketing can increase
that power, provided you
are self-motivated. In
a simple visual, see a
product and then remove
the advertising agency
from it. It is up to
you to do the marketing
and advertising.
That's a big job, but it
can be done if you are
passionate enough to get
it going on your own and
to jeep the momentum and
motivation going at a
high level. It requires
an entrepreneurial
spirit, and that means
focus and perseverance.
I do not recommend
network marketing to
people who are not
highly self-motivated.
Another important aspect
of network marketing is
that it is inherently
social, so if you are
not a social or outgoing
person, I'd think twice
about going into it.
Sociability is a
requirement.
Just like in
advertising, there's no
point in having a
fantastic advertising
campaign if the product
isn't equally
fantastic. Also keep in
mind that if you decide
to become a distributor,
you will be legally
responsible for the
claims you make about
the product, the company
and the available
opportunities. But
above all, make sure the
product is worth your
energy and total
devotion. Otherwise,
you could be
energetically spinning
your wheels.
Robert mentions the
importance of going
beyond your comfort zone
when it comes to network
marketing. He also
mentions giving yourself
enough time. These are
good points to
consider. I would also
agree that having
leadership qualities is
critical for success.
You definitely have to
have a take-charge,
can-do attitude.
As with any other
undertaking, know
everything you can about
what you're doing before
you begin. Network
marketing has proven
itself to be a viable
and rewarding source of
income, and the
challenges could be just
right for you. There
have been some
remarkable examples of
success, and those
successes have been
earned through
diligence, enthusiasm
and the right product
combined with timing.
As with so many issues
we have discussed
before, there are
tangibles and
intangibles involved,
but success is not a
total mystery, and that
applies to network
marketing as well.
Most people have heard
of focus groups, a
research tool that
advertising agencies use
when they are testing a
new product. They will
go out to different
locations and simply ask
everyday people what
they like and don't like
about a new product.
Its best if you can keep
the focus group idea
close at hand when you
are deciding about a
product. Just because
you like it doesn't mean
everyone else will.
Finding a common
denominator in product
appeal will matter.
My nutshell advice about
network marketing is to
do your research and
then put everything
you've got into your
product. Genuine
enthusiasm is hard to
beat, and the odds will
be with you.
-Donald Trump
Sincerely,
Leonard Martin
1-800-804-6817
lmartin@HomeBasedBusinessMatrix.info
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