Best Business Model in the World -> Network marketing
Network Marketing is now recognized as the best business model. which combines 3 powerful business models:
a. Franchising
b. Exponential Growth
c. Power of Internet
Franchising
I am sure you are aware that Franchising is a very successful business model. Look at McDonalds, KFC and
Burger King as a few examples. How do you like to have a franchise for McDonalds? Firstly it is not within the reach of most people because of the i.nvestment. Secondly you’ll only be allocated a franchise for a particular outlet and not the whole region. And thirdly there are elements of risk involved. I know of many franchise outlets that were forced to shut down!
Do you realize that when you sign your application form to become a distributor for your Network Marketing companies, you have a franchise to have your business all over the world? The fee is small and the risk is negligible.
Exponential Growth
This is the power of compounding and leveraging. Albert Einstein once quoted compounding as the Eighth Wonder of the World. Let me give you a simple example… You have to make a choice between these 2 conditions:
1. You will be provided with c.ash of $500,000 OR
2. You will be given one cent today and doubling it everyday for the next 30 days.
If you choose the second option, you are right because after 30 days the 1 cent will snowball to an amount in
excess of $10 million. This is the power of exponential growth!
The Internet
I know that Network marketing is a relationship business. However, we have a fantastic tool that we can use to our advantage. We can use both Hi-Touch and Hi-Tech!
How do you like to have a rejection free business?
How do you like to build an International business?
How do you like to have a downline who works for you 24 hours a day and 7 days a week?
If you answered “YES” to all the 3 questions, then you need to use the power of the Internet.
We will look at this in more details in later sessions.
Network Marketing business is now being endorsed by many authors and business consultants. Among
them are Robert Kiyosaki, Steven Covey, Professor Charles King, Anthony Robbins, Zig Ziglar and Warren Buffet to name a few.
Many top companies are also using the Network marketing model to distribute their products. Among them are IBM, Toyota, Coca Cola. MCI, and Microsoft to name a few.
The purpose of this session is to strengthen you belief in the Network Marketing business model so that you understand why you are involved and why you should continue despite all the obstacles.
http://nmarketers.com