Friends of my blog.  I wanted to share this from my many partners’ blog.

www.thatMLMbeat.com   When choosing a network marketing company make sure these 4 principles are in place.

Enjoy

rebecca russell

by Maggie Lancy on February 27, 2009

To understand what places value on your
MLM business, you must first understand the
4 principles of network marketing – or what to look for in a business.

HUGE EXPANDING MARKET:

It doesn’t matter how good you are in an industry that is eroding.  A thriving market is everything in any network marketing business.

UNIQUE CONSUMABLE PRODUCT:

If you don’t have a unique product, you will always be competing on price and convenience.  Who has the best price and who is closest to the customer?  If you are unique in your product or service people will come to you.  If you want repeat sales the product should be consumable.  A non-consumable product means you’re unemployed until the next sale.

TIMING:

Timing trends is crucial.  Throughout all cycles of the economy there are people who are making money and losing money.  The makers are those in front of the trends; the losers disregard trends.  How do you get in front of large trends?  You must study what creates them.  Without any hesitation in today’s society it’s the Baby Boomer generation that creates the largest trends.  In the USA 70,000,000 were born during that time period and a billion were born worldwide.  Why is this group so talked about?  It’s because they represent only 1/3 of the US population but control 65% of all the money.  So what will be the next big trends? (1) Health (2) Looking Younger (3) Education (4) Retirement (5) Security (6) Money, for example.  If you want to be brilliantly compensated, you must focus on industries and companies that have positioned themselves at the front.

ABILITY TO CREATE LEVERAGE:

We are not taught leverage in our society.  We are taught to get a good education, build a résumé and exchange our expertise for someone else’s dollars.  The problem with that is if we are not exchanging our expertise we’re not making any dollars.  So vacation time is costly!  A walk around a golf course is costly; family time, although extremely important, is costly!

The definition for Leverage is an increased means by which to attain something.
One form of leverage is investing $5,000,000 dollars and earning 10% interest on it. This will yield approximately $41,000 per month in income.  So whether you’re walking around a golf course, enjoying a vacation or family time, you still enjoy $41,000/month in income. You’re leveraging off your money; and that’s leverage that everyone would like, but few enjoy.

In the right business vehicle it takes 200% to be successful:  100% from yourself and 100% from the business vehicle you’ve chosen; the correct vehicle that has all four of these principles.