You are a Champion!
So you’ve been a great success in Network Marketing are you still willing to get in the trenches?
Ram Charan in his book Know-How wrote this about CEO of Home Depot Bob Nardelli and his Senior VP of Operations (Carl Liebert): “As Nardelli selected leaders, he kept a keen eye on their [...]
Archive for May, 2008
30 May
In The Trenches
27 May
I’m Getting Excited – Why?
You are a Champion!
I can get excited when things aren’t going as planned and it gets us back to basics.
Problems get people back to the basic questions and real solutions.
I like to read nutrition industry financial statements because we are associated with that industry and I see questions–Why? It’s interesting to me that a particular [...]
24 May
Encouraging Commitment
You are a Champion!
Encouraging the Best in Others
Dick Richards in his book The Art of Winning Commitment wrote this: “William Purkey provides a metaphor for helping educators and students to become more aware of their involvement in creating an invitational environment. He calls it the Blue and orange card metaphor. Blue cards are [...]
21 May
Renaissance Man
You are a Champion!
Do you believe that some people operate on higher levels, or perhaps different levels, than many of us?
What causes some people to be the Renaissance Man, “A man who has broad intellectual interests and is accomplished in areas of both the arts and the sciences,” while others just exist?
What causes some people [...]
19 May
Tuning Out Static
You are a Champion!
We continue to learn and practice the basics in order to eliminate the static and get a clearer voice.
While there are basics to learn (paths to travel) in Network Marketing we will hear a lot of different voices. Many words will sound sure and convincing to us and still not make [...]
18 May
Sound Bites
You are a Champion!
We need to learn to listen more than we talk and we need to learn to talk in sound bites like the average TV commercial that is thirty seconds long. We should become good at reading when people have gone to sleep on us and we need to shut up immediately if [...]
17 May
Put The Kids To Work
You are a Champion!
Do your kids deserve the lifestyle to which they are accustomed?
Have your kids been missing out on their fishing lessons? Setting in front of the computer screen or TV may not be preparing your kids for success (how to fish). Of course, that may not be true if your little geek [...]
17 May
Come Ride My Train
You are a Champion!
Ever see an automobile on the tracks trying to stop the MOMENTUM of a powerful Locomotive with a hundred cars attached? Scary thought isn’t it?
When we start our Network Marketing Business we go to work for a company putting freight cars (or sometimes more powerful Locomotives) behind our Locomotive and if [...]
14 May
Start-up Income Statement Projections
You are a Champion!
Assume a Pro Forma Income Statement to project income and breakeven sales for the first year in the business and the following ratios for each $100 (average sales mix) Net Sales:
Pro Forma Income Statement
Dollars
%
Sales:
Gross Sales (Suggested Retail)
$166.67
166.7
Wholesale Discounts (40% Retail)
66.67
66.7
Net Sales (60% Retail)
$100.00
100.0
Variable Cost:
Product Costs (12% Retail)
$20.00
20.0
Distributor Commissions and Royalties:
Override Royalties (10.5% [...]
8 May
Why MLM Takes Time
You are a Champion!
People with influence (friends, acquaintances, etc.) or good at cold marketing or frontline (level one) recruiting or a dedicated business builder can begin to build quickly (win pay period bonuses, etc.) and then begin to fade. Why? Because this is a start-up organization. Your Network Marketing Company is [...]