Archive for the ‘Best Practices’ Category

Mind over Matter

Building wealth is a state of mind.
Gary W. Eldred, PhD, knows what most entrepreneurs know and writes this in his book Trump University Real Estate 101:
“Although each of these entrepreneurs differs in style and personality, every single one has affirmed to me the critical importance of mind over matter–or perhaps I might say ‘mind matters [...]

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World View

What’s your world view?
Are your strategies new or old?

Are you a possibility thinker?

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The Go-Giver

The Go-Giver a Fantastic little book!
I recently bought this little book (quick read) called The Go-Giver by Bob Burg and John David Mann.  Sometimes we hear people in the business (Network Marketing) make negative comments about people who write books but don’t have a track record in the business.  That’s definitely not the case with [...]

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Penny Wise and Pound Foolish

Work the business geometric ([multiply X *] don’t just [add +1).  If we never get past the first level we are a retailer--just adding "one" customer at a time!
Your Team Duplication

Multiplication of Business Builders (3 legs at 3 levels) equals (39) Business Builders (3 star gold pin level):

Level
Times
Result

1.  You find (3)
Addition
(3)

2.  They find (3)
*(3)
(9)

3, [...]

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Unchecked Egos

Realizing that human beings are fallible (capable of making an error) is a very good thing and helps smooth over relationships.
This statement is particularly true if we have a high formal education or we feel like we are an “authority.”  For example, statements like:  “I’m a pro and I have the track record to prove [...]

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Simplicity

The Simplicity of Network Marketing as a business.

So you are a genius when it comes to modeling, operations research, activity-based cost management, material requirements planning (MRP), inventory control, SQL, SAP, Oracle/Hyperion, regression analysis, operating ratios and statistics?  Good for you.  If you are like me you’ve had to use some sophisticated systems and techniques in [...]

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Critical Mass

In Network Marketing we need to understand critical mass.
Richard Poe, Wave 3:
“I couldn’t do it,’ she recalls.  ‘I just couldn’t face writing another resume.’
Only now did Sue begin to realize how angry she really was.  On a whim, this regional manager had snatched away her livelihood–and handed it to someone else!  Her years of service, [...]

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Job Opportunity

People are conditioned by their family and society to seek the “security” of a JOB.
I have nothing against good quality businesses and employment so I’m not against jobs (particularly for some people).  Also, I’m not against a quality education and professionalism.  I feel like I have accomplished both at high level.  As a CPA, I’ve [...]

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Personal Ups and Downs

In Network Marketing people aren’t interested in your closing techniques they are interested in your story.
Mark and Rene Yarnell, Your First Year In Network Marketing:
“This is a business of storytelling and sharing personal ups and downs. Traditional business instructs you to emphasize your strengths and past successes. To break down the walls of [...]

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The Law of Abundance

The Law of Abundance is the opposite of economic scarcity.  Is there enough business to go around for everyone including the competition?
“Give, and it shall be given unto you; good measure, pressed down, and shaken together, and running over, shall men give into your bosom. For with the same measure that ye mete withal it [...]

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