Sunday, December 30, 2007

MLM Success Training: Why Some People Become Wealthy in Network Marketing and Others Don’t

MLM Success Training: Why Some People Become Wealthy in Network Marketing and Others Don’t.
by: Tim Bruxvoort


Regardless of whether you watch the Oprah Winfrey show or not, the story of her success is fascinating. You can't say where she is today is the result of any special advantages she had growing up.

In fact, she came from a broken family and she was abused as a child. She's also African-American and a woman, so discrimination was likely a factor that counted against her somewhere along the way.

So why is she now worth a billion dollars while many Harvard-educated, white males who grew up with every advantage only make a comfortable living?

Ever wonder why success seems to come easily for some people while others struggle at everything they do? What makes the difference?

Success in Multi-Level Marketing (MLM), Network Marketing, or anything else in life is predictable and can be duplicated by following time-tested principles that all millionaires use.

In fact, if you don't receive training in these principles of wealth, you can NEVER have it in your life. At least not for long. If you do somehow become wealthy in MLM without learning these principles, you won't keep it.

Want proof? Just look at people who have won the lottery:

- William "Bud" Post won $16.2 million in the Pennsylvania lottery in 1988. Now he lives on his Social Security and food stamps which amounts to $450 a month.

- Ken Proxmire was a machinist when he won $1 million in the Michigan lottery. He moved to California and went into the car business with his brothers and he filed for bankruptcy within five years.

- Suzanne Mullins won $4.2 million in the Virginia lottery in 1993. Today she's deeply in debt to a company that loaned her money using the winnings as collateral.

- "Winning the lottery isn't always what it's cracked up to be," says Evelyn Adams. She won the New Jersey lottery not just once, but twice (1985, 1986), in an amount of $5.4 million. Today she lives in a trailer and all the money is gone.

- Janite Lee from Missouri won $18 million in 1993. She generously gave her money to a variety of causes including politics, education and the community. According to published reports, eight years after winning, Lee had filed for bankruptcy with only $700 left in two bank accounts and no cash on hand.

- Willie Hurt of Lansing, Mich., won $3.1 million in 1989 and two years later he was broke and charged with murder. His lawyer says he spent his fortune on a divorce and cocaine.

- Charles Riddle of Belleville, Mich., won $1 million in 1975. Later he got divorced, faced several lawsuits and was indicted for selling cocaine.

People have a "financial thermostat" and just like the thermostat that controls the heating or cooling in your house, your thermostat is currently set for the amount of money you have.

If you somehow receive more money from your MLM business than your financial thermostat is set for, like the lottery winners above, you'll waste it away until you are back to your set level.

If you want more money from your Network Marketing business, or you want to keep the money you are receiving, you have to raise your financial thermostat. It's that simple.

How do you raise your thermostat? By learning and practicing the principles of wealth. All self-made millionaires live by these principles.

If you're not currently having MLM success, it's likely because you aren't applying the same principles that Oprah and all other billionaires and millionaires apply to achieve their success. All that's standing in the way between you and success is the application of these general principles.

So where do you learn these success principles?

The best place is directly from people who understand the principles and have had success using them. There's no quicker way to get where you want to go than to find a mentor to guide you along your way.

The person you want is someone who is currently where you want to be, and is willing to teach you the wealth principles. Of course, not all successful people fully understand these principles even though they naturally apply them.

Another good way to learn the principles of wealth is through the greatest success book of all time, Napoleon Hill’s Think and Grow Rich. The principles you need to understand are in this book. You'll need to do some work to uncover them, understand them, and put them into practice, but they are in the book.

Napoleon Hill’s Think and Grow Rich is all about using the same resources that millionaires use to get the same results as them.

If you are not experiencing the kind of financial success you desire, perhaps all you need is a little MLM success training from a mentor or by learning and practicing the principles in Think and Grow Rich. Sometimes all it takes is few subtle shifts in your thought processes to create a GIANT difference in your results!

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About the author:

About the Author:
Tim Bruxvoort is the Internet’s Foremost Home-Based Business and Success Coach who helps people create successful and profitable lives in their own home-based businesses. You can visit his website at www.homebasedriches.com. If you are interested in discovering how you can be successful in anything you do, go to www.thinktorich.comfor a free report.

Tuesday, December 18, 2007

Your Business Plan Will Become Your Partner

Your Business Plan Will Become Your Partner
by: Hans Hasselfors


Are you planning to start a new business? Or are you considering expanding your current business and require a bank loan or investment from outsiders?

If you are going to look for an investment of capital it is quite likely that you will be required to have a business plan. If you are starting a business, despite the work involved, a business plan can prepare you for the obstacles ahead and help ensure your success.

A business plan is something that many small businesses fail to create, however, many business owners are adamant that having a written business plan is one of the keys to their present success. Creating a business plan forces you to contemplate possible obstacles to your business and prepares you to find solutions that will help you to overcome them.

To find investors or get a bank loan, they will want to see that you have the experience or resources to run the business. They will want to see your projected income as well as your suggested repayment plan already laid out. Taking the time to do this is not only important for them, but it gives you a measuring tool to verify if your business is growing properly. You can gage your success on how close to the plan your business has actually performed. Perhaps you'll do worse, or perhaps you'll do better, either way it helps you determine how well your business is getting on.

If you have never seen a business plan before you may be concerned that is is too difficult a proposition for you to manage on your own.

While there are services available where you can hire someone to write a business plan for you, depending on your needs it may be wise to familiarize yourself with a business plan's layout. This will not only help you to provide the necessary information, but may encourage you to try your own hand at it.

There's a free tool at www.bdc.ca which will assist you in creating a business plan. Some of the topics you will be required to explain are your Market, Customer, Competition, Marketing Plan, Research & Development along with financial forecasts. You may consider hiring someone to help you with your financial sheets after completing the written part of the Business Plan.

Your Business Plan will become your guide and silent business partner - indicating where you need to improve and helping you stay one step ahead of your competition. Make it a priority to have this crucial road map for your business.

About the author:
This Article Was Published By Hans Hasselfors, from SubmitYourNewArticle.com Get the net working for you. Join a community of like-minded authors and publishers and make your living online. Become a member of our article directory:
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Tuesday, December 11, 2007

Starting a Gumball Machine Business

Starting a Gumball Machine Business
by: Michael Rad

Are you thinking of starting a vending machine business? If so, gumball vending machines might just be the perfect answer for your needs. Learn how and why gumball vending is profitable by reading the complete article.

Competition and strategies
The most frightful competition where gumball vending machines are considered is candy vending machine, and soda vending machine. Candy vending machines are an alternative to gumball ones, because they are both considered to be sweets. The difference however, is the fact that gumball vending machines are so much cheaper, so they have more popularity among people. Sales from a gumball vending machine are much higher than a candy one. And besides, the gumball vending machines are smaller and can be placed in any food store. A gumball vending machine is first of all a vending machine business niche element. So in order to make profit and be successful in your business, you most certainly must think about positioning the gumball vending machine. Considering the fact that candy vending machines can’t be placed in a local food store - a gumball dispenser is, however, a great replacement, being smaller and much more adaptable to a local store. Kids are the main targets to a gumball vending machine, so placing vending machines in locations where kids go is a major factor in increasing your revenue and developing a profitable vending machine business.

The gumball vending machine business
It’s true that gumball machines produce gum that is extremely cheap, so the price can’t be so high. But think again, because things can be different. Having gumball sold in million pieces a day, you can even make a fortune out of gumball vending machines. Purchasing more than just one gumball machine is the key to increasing your profit. And placing them in children’s way is the key to a successful vending machine business. One of the major factors that can bring you trouble is direct sunlight. Having your gumball vending machine put straight into the sunlight can affect the quality of the gum not to mention the color that will slowly fade away. So, in order to protect your vending machine business, make sure you place your gumball vending machines in a shady cool place for the durability and good maintenance of the quality of the gumballs.

Commissions – a basic strategy in vending
Paying a commission fee to the owner of the store you place your vending machine in, is a must. Usually, you will have to pay a fixed commission. But in many cases the commission is based on the sales, and has to do with the percentage of your sales. Most store owners will only charge you a small fee, because a vending machine is a good advertising source for them as well. Especially, if you have invested in a gumball vending machine, the commission is not highly rated, since the machine itself doesn’t take much space. Though, make no mistake: paying commission is a basic in vending. There are stores that will ask for up to 25% of your sales. This is the case of a major superstore, with great sales itself, that will only do you good if it lets you place the vending machine in its location. Find fresh new vending business information here:
www.vending-machine-expert.com


About the author:
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