Today I would like to share a Life-lesson, I have come to learn over the years. I learned at I was told that “if you work hard, be persistent and so on, you’ll achieve success and become wealthy”… I’ve done pretty good. I always knew I wasn’t gonna make a good employee, cause I was too driven and head-strong. I always pretended to be a Businessman when I grew up. I always wanted to own my business, set my own hours and do what I wanted, when I wanted as much as I wanted; I think I was just ready to move out of my Parent’s House. Fast forward to 2013, I have experienced the “American Dream” to some degree. I Thank GOD the Mind to Believe and Achieve. Today, I am an Entrepreneur* who has been dubbed “One of the premier players in the field of Information Technology, Internet & Network Marketing.”
*What Is Entrepreneurship or Entrepreneur?
Entrepreneurship is the act and art of being an entrepreneur or one who undertakes innovations or introducing new things, finance and business acumen in an effort to transform innovations into economic goods. This may result in new organizations or may be part of revitalizing mature organizations in response to a perceived opportunity. The most obvious form of entrepreneurship is that of starting new businesses (referred as startup company), becoming a business owner; Proprietor.
Living The American Dream
Being a Small Business owner was once considered one of the surest ways to obtain the “American Dream”. After all, Small business is one of the most popular institutions in America. According to a 2012 poll conducted on behalf of the Public Affairs Council, 88 percent of Americans view small business favorably. In fact, 68 percent of us would rather pay more to do business with a small business than a big company. For the last 12 Years, I have gone through the highs and lows of being a Business Owner of a Small Business and I’m telling you “at times it came be a little overwhelming”, especially for a sole-proprietor or a One-Man Show, if you will, but this isn’t the ideal situation.
The ideal situation is to have employees, after all, Teamwork Makes the Dream Work! For years, I had no team.. No Team, No Dream. The Beauty of having a business with employees is that YOU, if you own the business get to experience more of the American Dream and enjoy the privileges of being your own boss (work less=get paid more and time freedom). Let’s be honest, most people only dream of The Dream. You’re probably sitting there, reading thinking and you’re working for someone and you want more, but you are limited in your situation because of your own efforts aren’t enough. Your Boss knows this and that is why you have a BOSS.
When you became employed or the employee, you didn’t find an opportunity, You became the opportunity!
The Boss is the Boss because of You and Others.. We Call it OPE: Other People’s Efforts. That’s a Fact!
OPE: Other People’s Efforts
Understanding the Concept of OPE: Other Peoples Efforts is Simple. Remember Red Rover (children’s group game (requiring around 10 or more players total), “Red rover, red rover, send [name of player on opposite team] right over.” or “Red Rover, Red Rover, let [name of player of opposing team] come over.” Don’t play, you remember.. The objective: the person called is to run to cross over to the other side and after breaking the chain. How Powerful Is That Concept?? You were able to gain Power and Strength to Win through OPE, The Power Of Leverage. [ Same with Tug-Of -War]
The Power of Leverage in Business: Fast Forward, you have business that is operating and now have employees or team in place. You are now in a position as a Business owner to have “leveraged income”. Leveraged income can be explained as the income based on the efforts of others. Unfortunately the majority of people in the world today earn a linear income, which basically means that they trade their time for money. Unfortunately no matter how clever they are or how high their hourly rate, they are still restricted to the 8 to 12 hours in a day and therefore a limited earning potential. Leverage (OPE) on the other hand, allows you to make use of the time and efforts of others to create an income. By learning to leverage your time, you can financially benefit not only from your own efforts, but from other people’s efforts too.
Which would you prefer to do? (Let’s Use my first JOB.. Mowing Lawns as an Example)
- A- Imagine that you are in the business of mowing lawns and that you will make $40 for every lawn that is mowed. If you were to average 5 lawns per day, you would earn a gross income of $200 a day before expenses. This is an illustration of a linear income in which you use 100% of your own efforts to create an income. This is what most people do their entire lives.
- B- Now imagine that you owned a lawn mowing referral business where instead of mowing the lawns yourself, you spend your time finding lawns that need to be mowed and employ contractors to accomplish the physical work. Your business now employs 20 contractors who each mow 5 lawns per day. You pay each contractor $30 per lawn, but you charge $40. That gives you a make a profit of $10 per lawn. 20 contractors mowing 5 laws each means that you are now mowing a total of 100 lawns a day. This is much more then what you could have done on your own. Even though now you are only earning $10 a lawn in profit yourself, when you add it up your miles in front. Using the power of leverage you are now earning $1000 a day (ie $10 per lawn x 100 lawns per day = $1000 per day).
So basically you can spend your days getting dirty and sweating as you work hard (not that there is anything wrong with this) and get paid $200 a day. From which you then need to deduct expenses such as running costs and maintenance. OR You could earn $1000 per day, just finding yards that have to be mowed. As a intelligent business person which is the smarter option?
Don’t get me wrong. To get to the stage where you can begin to leverage off others you will have to put in the ground work first. It might take you a year of mowing lawns yourself before you have an adequate customer base before you can begin to employ contractors to do the work for you. But an intelligent business person is willing to make short-term sacrifices to make long term gains.
The Power of Network Marketing
Unfortunately in most traditional businesses, such as the example above, the only ones who benefit from the work of others are the business owners, even though it is loyal hard-working employees that do the majority of the work.
Does this mean you should quit your job tomorrow and start your own business? Well for those who have a solid referral base, a good knowledge of cash flow, management skills and the capital to get you started, you might consider it. Unfortunately the majority of people aren’t in this position. The good news is that today there is a business opportunity that allows you to use the power of leverage without having to quit your current job, or require a significant up-front investment. This is the power of network marketing.
Not only does network marketing permit you to benefit from the work efforts of others but it also earns you a residual income. What is Residual Income? It’s the kind of income that when you walk away, it continues to pay you. Because network marketing uses both the power of leverage and a residual based income it is now being acknowledged and recommended by many business leaders in the world today/ worldwide.
“If I lost everything and had to start again, I would find myself a great network marketing company and get to work!” – Donald Trump, on the David Letterman Show
Network marketing has stopped being something to laugh at. It is creating more millionaires today than the dot com boom industry did before the bubble burst. This is the reason why respected entrepreneurs like Warren Buffet, Donald Trump, Robert Kiyosaki, economic forecasters like Paul Zane Pilzer and life and business coaches such as Dr. Denis Waitley are all recommending this proven system. In fact there are approximately 150 000 people, just like you, joining network marketing every single week.
Traditional businesses fall into the trap of developing and training people, just so they can move on to starting their own business and become a direct competitor. One of the main benefits of the network marketing business model is that it enables you to help others succeed without establishing competition. Instead, you get to leverage off the success of others and ultimately contribute to your success.
Better still is the fact that its not necessary to have a university degree or large capital to begin in the industry. Network marketing offers the power of leverage to earn a residual income to anyone who is willing to succeed and treat it as a business. Treat your business like a business, not as a hobby and it will pay you like a business.
Just like any business opportunity, in order to be successful you will discover that timing is half of it and execution is the other half. If you are seeking the best business opportunity that allows you to capitalize on both the power of leverage and growing market trends to produce a powerful residual income then network marketing is the answer you have been looking for.
“I would rather earn 1% of 100 people’s efforts than 100% of my own efforts”~ John Paul Getty (American Billionaire)