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Create wealth for yourself

Advice for the budding entrepreneur.

1. How you can build your organisation

Network Marketing, MLM, Referral Marketing, call it what you will, is not a quick way to untold riches but a serious business that need to be treated as such. Irrespective of the chosen program, the business methodology is the same.

If you expect a quick return with no effort, this type of marketing is not for you. If you are prepared to learn, do research and work in a team environment, then it is certainly for you.

Follow this illustration of the simple formula needed for success in the business.

The column on the left is a time period, it could be minutes, hours, days, weeks or years. Let's call the period one month. The column on the right is for people in your business organisation.

1
1

 

You have now joined a program, you are the only person in your business organisation and you are learning the ropes. In your second month, you sponsor another person into your organisation. The new table looks like this.

2
2

There are now two people in your organisation, yourself and one other. This other person is now learning the ropes as you did. In the third month, you and the person that you sponsored, each sponsor one person each into the business. the table would now look like this.

3
4

Let's assume that the four people in your organisation, which includes yourself, each sponsor one person each into the business. The table would now look like this.

4
8

So, you have been in the business for four months, not yet receiving much in the way of income and not overly impressed with networking. However, let us take the table along a bit further in time.

After 5 months

5
16

After 6 months

6
32

After 7 months

7
64

After 8 months

8
128

After 9 months

9
256

After 10 months

10
512

After 11 months

11
1024

And after 12 months

12
2048

 

This now looks a lot better and is still only working on each person introducing one person every month to your business organisation. How many people have you personally sponsored? 50? 100? 1000? No, you have sponsored 11 people.

Of course some people will drop out, some people may not sponsor other people into the business, and some people may sponsor more than one per month. This illustrates what can be achieved if people sponsor one person per month into your organisation.

People may also have different time periods, some will work in days and some in years.

It is important to remember that you have to be patient and at first not reliant on income from the program. Introduce your friends to the program and be up to date with the company and products.

It is also important to remember that marketing in this fashion is not a recruitment drive, it is a drive to put the company and it's products in front of as many people as possible with the idea that they will use the products and tell other people about them.

2. Announcment from MLM Insider Magazine

SPECIAL ANNOUNCEMENT


I am pleased to announce the results are in for my pesonal
selections of the "Best Companies in Network Marketing" as
well as the results of the voting for the "2000 Distributor
Choice Awards"

I would like to thank all of you who took the time to cast your votes.
It was an exciting year and literally went down to the wire between two
companies Usana and Cognigen. In fact the voting was closer than the
Florida Election. Please be advised that there were no hanging, dimpled
or pregnant chads so there won't be a recount. There were however, amoung all
company voters, numerous duplicate votes either by email address, address, or telephone #.
The voting list was cleaned early this morning and tabulated

The results are as follows for the "2000 Distributor Choice Awards"

IN FINISHING ORDER!!!

The Top Ten Distributor Choice Award Winning
Companies for 2000

1. Usana
2. Cognigen
3. Market America
4. International Teamworks
5. New Image
6. Morinda
7. Mannatech
8. Trafficwave
9. Nu Creations
10.Reliv


IN NO PARTICULAR ORDER

"Editor's Selections of the Best Companies in
Network Marketing for 2000"

Reliv
Integris
Freelife
Achievers Unlimited
Usana
Longevity Network
New Image

Both my personal Selctions and DCA Winners will appear in
the upcoming Best Companies in Network Marketing Special
Issue due out in early February. All the companies above
will have their company logos featured on the cover of the
magazine.

I will be starting the voting on January 5th, 2001 for the
"2001 Distributor Choice Awards" Lets try and get over 50,000
votes this year and a good showing by companies other than Usana and Cognigen.
Get the word out and get the vote in starting January 5th. The new voting address will be
http://mlminsider.com/voting01.htm

For those of you involved with any of these companies, I
would urge you to purchase the magazine. It will be an
objective selling tool for you to use to attract new distributors
to your opportunities. It is also filled with valuable information
on the business of Network Marketing.

Please be advised that I will be printing only a limited number of
magazines (16,000) which are mostly spoken for. Some of these I
will have in inventory to sell as individual issues but, I suspect
they will not last long. Once they are sold they will not be available
any longer. If you are interested in ordering the magazine
NOW IS THE TIME!!! to order. This way I can print more to accomodate your orders.

I will be accepting orders until January 15th at which time I have
to come up with the additional printing quantity. The normal price of
the magazine will be $12.95 however, if you act now, I will offer you
the special rate of $10.95 (USA) $15.95 (Elsewhere) but you have to act
before January 15th.

Bulk Issue prices are as follows:

50 = $200.00 + $20.00 Shipping
100 - $400.00 + $30.00 Shipping


I wish you all the best of success and happiest and healthiest of New Years.

COREY


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