Category: Team Training

Working an 8-5 Job Versus Building a Network Marketing or Home Based Business – Part 1

We have our priorities backwards in our current model of employment, where the only way we earn an income is by trading dollars for hours. It doesn’t matter if you are a Doctor, a Lawyer, a highly paid Corporate Executive, or a Server in a restaurant. . . if you want to be paid, you give them your hours. If you want more dollars, give up more of your time. What happens if you want more free time? You give up some of your dollars!

This model is based 100% on your own efforts, and if you don’t work you don’t get paid. In other words, if you have to be there to get paid, you are trading dollars for hours.

What happens if your health or the health of a loved one takes a turn for the worse, and you can’t work for a while? How will you support your family’s essential needs, not to mention the dreams of those you love, if the only way you can earn money is by exchanging time for it?

Or what about attending your kid’s sporting events or being home for their sick days? Or wanting more than 14 days a year vacation?

Most people have bought into what is nicknamed the 40/ 40/ 40 plan. That is, to work for 40 hours a week, for 40 years, and retire on 40 percent of their income. This seems normal to most people, as it is how we are brought up as a society. For most people, this is their Plan A.

Working 40 hours a week, 50 weeks a year, for 40 years equals a total of 80,000 hours of working to reach the end goal of “retirement” and hopefully having enough passive income at the age of 65 to not have to work for the remainder of your days. 

With this model, you have a boss, a tightly managed schedule, no residual income developed, and limited growth opportunity. This model might earn you a living, but never a fortune or time freedom. 

Beyond the financial aspect of employment, this plan is filled with people who are unsatisfied and unhappy with their work. According to a 2013 article in Forbes magazine, dissatisfied employees outnumber happy employees 2: 1, with only 13 percent of people who feel actively engaged in their position. 

Not only are we all searching for ways to earn more money, but we are searching for ways to contribute, engage, and have meaningful existence in a field we are passionate about. Job security in this paradigm— Plan A— is not what it used to be. 

With the average person staying at their job for only 4.1 years, you are likely to have 7 to 10 jobs in your lifetime. Most companies are looking out for their bottom line and for ways to maximize their profits, often cutting expenses and fat around the edges, which often ends up being employees.

In 2015, Burger King acquired the Canadian coffee tycoon Tim Hortons in a $ 11 billion deal, which led to corporate downsizing inside the Tim Hortons franchise. The result: downsizing close to 20 percent of the staff, including pregnant women and staff who had been with the chain for 30 years. 

With job security being virtually nonexistent, we would be wise to have a financial plan that is not tied to our current job. If this is our Plan A, then wouldn’t it be wise to have a Plan B, a backup plan. The real way to earn an income without trading our most valuable commodity— time— is to develop residual or passive income. This requiresLeverage.

I’m sure the biggest question at this point is, “How?” How do I make this shift? How do I create Leverage? How is this even possible and why have I not been taught about this in school? That indeed is the million-dollar question, and the key to freedom. It is time for us to have a better escape plan.

Adam Green, 25 to Life: Jailbreak Your 9-5 & Escape to Financial Freedom

In Working a Network Marketing or Home Based Business VS a 8-5 Job Part 2 we will learn about how to Leverage our time for money instead of Trading our time for dollars. To read Part 2 click here:

Click for PART TWO

Working an 8-5 Job Versus Building a Network Marketing or Home Based Business – Part 2

In Part 1 of Working a Network Marketing or Home Based Business VS a 8-5 Job we learned that how most people earn a living is to trade valuable, limited hours in exchange for dollars in their traditional “work a day” world. One of our favorite quotes comes from the largest, generic, network marketing professional trainer in the world, Eric Worre. 

It’s a stone cold fact – there is a better way.

Eric Worre, Network Marketing Pro

The key to our success when it came to creating a life of financial dignity & time freedom was discovering a trending business model that allowed us to have all the benefits of a business owner, without the usual costs of starting a business.

There are many benefits to being a traditional business owner, but there are also some major drawbacks. Number One, for me, was the initial cost required to start a business. Also, with a traditional brick and mortar business, at the end of the day, you are often tied to a business that owns you more than you own it. If I were to lay out all the benefits I would want in a business, it would look like: 

  • Unlimited Earning Potential
  • Flexible (Lifestyle Friendly)
  • No Education Required (Learn while you earn)
  • Ability to Empower Others to Succeed
  • Tax Advantages
  • Residual, Passive Income
  • Will-able, Inheritable

We discovered everything we were looking for when we found the wealth building profession of Network Marketing. 

This well-established business model has been effectively moving high quality products and services into the marketplace for more than 70 years. 

In 2013, over $178 Billion (yes, Billion with a B!) in retail sales were distributed through this model (an 8.1 percent increase from 2012) through more than 96 million independent distributors. 

This is all accomplished using the most effective and trusted form of advertising— word of mouth. Modern marketing is shifting away from traditional advertising to word of mouth advertising.

This business model makes perfect sense. It is a way for a company to move products into the marketplace in an effective way. Every company invests in marketing their product to the marketplace. The reallocation of funds from traditional marketing into word of mouth, referral-based marketing is quickly becoming a growing trend for companies. Instead of spending millions of dollars on TV advertisements, brand endorsement, etc., companies are creating great traction in the marketplace for their products and services operating via the network marketing business model. 

This gives us all the opportunity to create a business distributing established products and services, without a lot of the risk associated with launching a business the traditional way. Since the model is based on actual performance in the marketplace, network marketers have the ability to produce more for the company, and earn more compensation— unlimited compensation, really. 

Network Marketers will often tell you that before they found their home based business, they often felt overworked and underpaid, like countless others in our society. 

This model is built on leverage and teamwork. You are able to build a team of individuals all representing the bigger brand, and earn override commissions [commissions based on the sales of others] on your organization’s performance.

Instead of earning income based solely on 100% of your own efforts, you are able to earn a percentage on the efforts of your team as well. I would always rather earn 1% on the efforts of 100, compared to 100% of only my own efforts. That leverage is what makes network marketing such a brilliant way to earn a passive, residual income.

Network Marketing is a Lifestyle Friendlybusiness in which you can put in part-time hours from the comfort of your own home, without quitting what you are currently doing, without any particular education or background. It truly is the best “earn while you learn” opportunity around!

Network Marketing Tips For Getting Your New Teammate Started.

The Success Guide to helping your new member get off to the right start.

So many folks who are new to Network Marketing rarely understand the #1 thing that can create team success faster than anything else they can do.

Can you guess what it is?

It’s not enrolling a whole bunch of people right away!

If you want to know the  #1 Step to immediately teach your New Teammates in your Network Marketing business to create Massive Duplication, then keep reading!

We are also going to give you an awesome FREE Resource! By clicking the button below you will be able to download a Getting Started Checklistso that you can conduct your first Getting Started Training with your new Teammate immediately after they sign up.

If you’ve read our 5 Critical Elements (or check it out in the Sidebar to the right), you know that we recommend a Weekly Pay Plan. By implementing this #1 Action Step, you will have helped your new teammate earn a paycheck their very first week!And often before their first shipment of product even arrives!

 “How do I make my money back?” is often the first thing you new enrollment is thinking. So helping them find their first 2 associates is the #1 Action Step you want to focus on!

As a leader, its important to understand this.

Plus, if you want to create massive momentum in your team, teach them to duplicate this #1 Action Step with all of their new people.

The real bonus to helping them recoup their investment back fast is that it adds so much value to their Story.

They then have the ability to go prospect and tell people “Hey guess what?! I got started and was able to make my money back in my first week! So now I’m enjoying free product!”

As a leader, you want to help them achieve this to help build up their Story.

What’s The Next Step?

Get them thinking about who is closest to them that they can visit with right away. You new teammate is most excited right after they click submit and order their product. We are going to help them think thru who to talk to and what to say to them.

Ask them: “Imagine you’re on the beach sipping Margaritas. Who are the Top 5-10 people you’d want there with you by your side enjoying the sunset with your toes in the sand?”

Because their warm market is the fastest way to creating a STORY. Not to RICHES, just to a STORY. And that STORY leads to RICHES!

How to increase Your Residual Check Each Month

After you’ve helped your new Teammate get started and they start to recruit new Teammates, you want to attach yourself to their first signup and follow the same steps as before. Put them through the training and schedule a Game Plan Session with them. You want to work in-depth with that person. This will begin your team’s duplication and we call this “Building In-Depth.”

The faster you can build this Momentum and create Team Duplication, the more solid your Team is.

And that’s how you also increase Retention.

By solely focusing on your next sale and your next sign up, you’ll lose the momentum within your team. And we know that you don’t just want another sales job… instead, you want to leverage the opportunity of Network Marketing.

At the very least, you want to focus your efforts on building in-depth, help your team recoup their Initial Investment, and help them get free product or free memberships every month.

This is where the magic happens in your business.

6 Reasons Why *NOT* to buy Network Marketing Products from Amazon!

Today’s tech world brings new challenges. A decade ago, there wasn’t a popular shopping website called Amazon. Today Amazon is a $233 Billion a year company and currently operates out of 288 Million square feet!

With the growing number of households with an Amazon Prime account, it can be very easy to make purchases via the online retail giant. However, when it comes to buying your consumable products on Amazon, is it your best option? After all, you’ve searched their listings and found the exact same product (or so it seems) for less money.

Fast shipping and great Amazon customer support, what could possibly go wrong with ordering your product from Amazon?

Well, for one, those that are selling that Network Marketing company’s product on Amazon are not authorized resellers. You could be taking a BIG RISK by purchasing through these third party retailers.

Here are 6 reasons why you should NOT purchase that product from Amazon.

1. Expired Product

The retailers selling the product on Amazon could be selling you a product they purchased a really long time ago. You could be purchasing an old or expired product. Expiration dates on packages are often manipulated. Like with any other supplement, the freshness of a consumable product is vital with regards to the effectiveness of the product.

2. Compromised Quality

When it comes to something you will be consuming, quality & safety is critical. When you buy from an unauthorized source, you don’t know how that product has been handled. Was it subjected to extreme temperatures? Is the package still properly sealed? These mishandlings and more can affect the quality & purity of the product that you receive.

3. Counterfeit Product

You’d be surprised how many copy-cats are out there selling knock off, popular products with cheap or counterfeit ingredients just to make a quick buck. It’s more common than you think. When you buy a consumable product from an unauthorized source like Amazon or eBay, you are taking a risk of getting a counterfeit product with ingredients that could be ineffective and a serious risk to your health.

4. Lack of Support

When you buy consumable products from an unauthorized reseller, you are denying yourself important support. An authorized, approved network marketing associate will offer a 100% money-back guarantee when you buy direct from them or their website. They also have specialists on hand to help with any specific questions you may have about the products.

5. Supporting Unscrupulous or Criminal Behavior

Another thing to consider is that in order to sell at those kind of low prices, the only way they can do that is to: #1 adulterate the product in some way, or #2 break network marketing company’s rules like using their loyalty rewards points to purchase for re-sale. LRP points are not intended to be used to resell with and anyone that is not an authorized seller and selling that purchased product on Amazon is breaking rules. Do you really want to give someone like that your business? Anyone who is willing to ignore the pricing rule cannot be expected to be honorable in any other way. They could be selling you anything.

Also, many network marketing companies products have been obtained illegally (i.e. stolen credit cards) and are being marketed on Amazon. Many of these unreputable reps even pose as the Network Marketing company themselves!

The actual Network Marketing company will NOT list their products or services on Amazon as a competitor to their distributors. Most companies have clauses in their policies and procedures stating that selling their products on Amazon is a violation of their rules & they generally terminate those distributors if they can find them. Do not support the rule-breakers.

Would you trust someone who isn’t following the rules or is acquiring the product through criminal, illegal measures? Ever think about what else they would do to break the rules? Like put phony product in the bottles or heavily dilute the product and put a cap back on or re-seal the top (which is very easy to do).

6. Deep discounts & Loyalty Rewards

Also, your approved associate will be able to offer you a convenient, no obligation Autoship where customers can save huge amounts of money and get the same low price the associates do. Simply select your favorite products to be shipped to you automatically each month, and you’ll receive major discounts. Plus, you’ll likely get loyalty rewards that you can use to purchase FREE product with. You won’t find these types of deep discounts and free product rewards on Amazon or eBay.

Does that “cheap” product on Amazon sound like such a good deal now?

We’ve got to hand it to our team of Associates who are some of the most educated and trained up people on this topic! Their amazing customers prefer getting their products from them over Amazon!

Chuck and Tammi

In Conclusion.

Sure, there is a chance you can receive legitimate consumable products from 3rd party retailers on Amazon or eBay. However, you are taking a great risk. Is saving a quick few bucks on taxes and shipping really worth not knowing that what you are putting into your body is completely safe?

When you purchase directly from an authorized, approved Associate, you can be assured that the product has been treated with the best care and shipped to you at peak quality.