If you have cash flow problems how would you recognize and fix that problem?
For an experienced accountant identifying the problem is not difficult because they know how to analyze the number of days in receivables and accounts payable, inventory turnover, budget cash flow, etc. Generally speaking, one of the key indicators for cash [...]
Archive for March, 2009
25 Mar
Healthy Business
23 Mar
Sales Paradox
Network Marketing is not Direct Sales!
If you think you will make it in Network Marketing because you are good at selling things then think again. Why? Because Network Marketing is not really Direct Sales. In fact, it might be better to call it Indirect Sales.
Without years of experience in the industry it may be difficult [...]
18 Mar
Retention or Recruiting?
Is it more important to focus on retention or recruiting in Network Marketing?
Both are very important but if I had to pick between the two I would pick retention. If you are starting a Network Marketing Company your obvious focus will be on sales volume and recruiting but the real key to long-term success is [...]
12 Mar
FUD
Fear, Uncertainty, and Doubt (FUD)* can cloud our minds if we let it.
Christopher Negus, Linux Bible 2007 Edition
FUD is a major problem related to anything not familiar to us and not yet mastered. We don’t feel in control so FUD takes over.
According to Kirsten Park, Creating a Process and Recruiting Strategy, this is where Duplication [...]
5 Mar
Feeding the Wild Animal
One of the best things a wild animal has going for them is survival instincts.
So why would you make them dependent by feeding them?
Unfortunately, that’s what is happening in Congress. Those people are so dependent upon us they are currently on a feeding frenzy. At the moment, we are giving a drug addict drugs [...]
4 Mar
I Need It
People often work to get what they “Need” and not what they “Want.”
In your Network Marketing business do you really think about the people you want to recruit? Why aren’t you recruiting those kinds of people?
If we spent more time on what we want, and less time on what we need, we would be farther [...]
2 Mar
Keeping Up
Sometimes we don’t do a good job keeping up with breakage rules.
Fee Income
Break-Even Net Sales on Fee
Net Sales
$0
$125.00
Gross Profit
$50
$50
I’m thinking of two young ladies at the moment:
Both of these ladies buy more in a two week pay period than the $125.00 ANNUAL break-even net sales on the fee (40% gross profit on net sales). Now [...]
