|
  |
|
|
There is power in numbers part 2
By Ronald Curtis Jr
To continue with leverage, the next best term is compounding! "The power of compounding was said to be deemed the eighth wonder of the world - or so the story goes - by Albert Einstein." Wikipedia defines, "Compound interest arises when interest is added to the principal, so that from that moment on, the interest that has been added also itself earns interest. This addition of interest to the principal is called compounding (for example the interest is compounded)." So as you earn interest, then re-invest that interest, your investment begins to grow, picking up speed over time. Though this article is not about compound interest, the dynamics of building a network marketing business are similar. When you begin your business, it is just you. Then you sponsor a couple of people on your team. Now you have two people and yourself building the business. Now those 2 new team members sponsor 2 people each. Now you have six people and yourself building the business. Just for the sake of illustration, let us go another level and say that all 6 team members sponsor 2 more people each. That would add another 12 people to the existing 6 plus you. What started off as just you, has now grown to 19 people in the business over time. As you continue to work with your team and grow your business the amount of people joining your team will continue to compound and eventually you will hit exponential growth. Once that happens, the rest is history. Wikipedia says about Multi-Level Marketing, "exponential increases are promised to appear in each new level of a starting member's downline as each subsequent member recruits more people." There is huge power in numbers. Leverage, Compounding, Exponential Growth = Wealth, Lifestyle, Freedom Our business model is so powerful, with its many benefits and opportunities, it would be difficult to fathom why anyone would pass it by. Interestingly enough we have spoke with many people over the years and many have at least "tried" an MLM business. Yet they are not still actively engaged, learning, or building? The only conclusion that we were able to come up with is their lack of understanding the business model itself, and/or, missing out on the first piece of leverage that comes with the business. Like I mentioned in part 1, "You are in business for yourself but not by yourself." Randy taught me early in my Networking career, "MLM is a learning and teaching business." Therefore when you get involved in Network Marketing, understand you must learn the business first, then teach others what you learned. Sadly some people do not learn everything about the business before they begin teaching others, and that negligence produces inadequate results, not only in their business, but that of those people who they were responsible for helping. There is no greater industry, especially for the average person, than joining a Network Marketing business. Before you do, 1. Learn about the industry 2. Find a company that offers a product or service that you are passionate about 3. Join with someone that is actively engaged and committed to building their business 4. Commit to using your companies product or service 5. Learn, Learn, Learn 6. Teach, Teach, Teach 7. Build, Build, Build 8. Never give up To your success!
Ron |
|
 |
|
PLEASE VISIT THE CONTRIBUTOR'S WEBSITE
No reactions yet.
Please login or sign up to rate this intel.
Please login or sign up to add a comment.
The copyright for this content entitled "There is power in numbers part 2" has been specified by the contributor as:
Creative Commons Attribution-Share Alike 3.0
Details 
This content may be copied, distributed, and modified, as long as a) the original author is acknowledged with a link back to the content page, and b) if the work is modified, the result is distributed with this same license.
If you use this content according to the license specified, you must link to the following URL:
http://tuaenterprises.qondio.com/
|
|
February, 2012
2008
January, February, March, April, May, June, July, August, September, October, November, December
2009
January, February, March, April, May, June, July, August, September, October, November, December
2010
January, February, March, April, May, June, July, August, September, October, November, December
2011
January, February, March, April, May, June, July, August, September, October, November, December
2012
January, February
|
|
Not a member yet?
Qondio is a powerful network for making it online. If you have a website to
promote, we can help.
Sign up and get in on the action.
|
|
Welcome to Qondio! Discover the awesome power this network can deliver by going to our About page. Or you could skip straight to the Sign Up form.
|
|
