Thursday, November 30, 2006

Answers to the Money Quiz

Hello,

Did you answer the money quiz in our last ezine issue?

Here is the complete answer to the quiz:

A = Savers - obviously, they have a tendency to save money.
B = Avoiders - they have a tendency to avoid the subject of money--they don't want to think about it.
C = Spenders - obviously, they have a tendency to spend money.
D = Monks - they don't like money, which is dirty in their own perception; they are more spiritually oriented.

I got introduced to these concepts by T. Harv Eker. You can listen to one of his teleclasses here if you want--it's f.r.e.e.

Stephan Bourget, consultant
Millionaire Mind Team

Wednesday, November 29, 2006

How would you rate your Company? (The 3rd Pillar of Success)

How would you rate your Company?

"You are the only problem you will ever have and you are the only solution. Change is inevitable, personal growth is always a personal decision." - Bob Proctor



In earlier BLOGs you learned the first 2 pillars of success. Timing and Trends.

There are 5 key elements that a home based business can be built on. Let me point out that, these elements are crucial in all industries not just the home-based market. We call them the 5 pillars of success. Of those 5 pillars you are only in control of 2. Plus, there is one other ingredient that you must add to the mix to make it all work. I will tell you about that later.

So, what are the five elements or pillars, you are wondering?

They are; Timing, Trends, Company, Compensation and Product.

Pillar #3. Company. Can I pick the Winner this time?

This is one of the elements that you actually get to control. You and only you can pick the company that you want to be associated with. So we will tell you some things to look for and hopefully offer you some sound advice.

I want to start with some advice. Do your Homework. Before you choose the company you are about to devote your spare time to, make sure they have some sound practices.

Many will tell you to look for a company that has been around since cheese was invented. That, could not be further from the truth, unless of course you are only looking to have a hobby, make a FEW dollars in your spare time and spend lots of hours trying to build something that can’t be done.

If you are looking to make the big bucks you will need to find a company with solid leadership. The leaders in a company absolutely must have a vision of YOUR prosperity, not saving the blue-eared tick-tailed dingo-dog in a foreign land.

Are the tools in place for you to become successful? And, how much do they cost? Training is number one. If you don’t have a complete, systemized training program that can take the first-time marketer, or the seasoned veteran, through the process quickly and efficiently, they will fail. Your time is better spent promoting, rather than developing, a process.

“Go with a company listed on the NADAQ”. That was, at one time, a good thing. It showed stability and a company that was in for the long run. Today however, markets have changed. Ask yourself this, do you want to be on a team that has your best interests at heart OR the stockholders. Hmmmm!

There are associations today that were formed to protect you, the distributor, from malicious attacks by companies. http://www.mlm-dra.com/ is the website for the Distributor Rights Association. MLM Watchdog http://www.mlmwatchdog.com/ is the website to keep you notified of SCAMS and ripoffs. Yes, Dorothy ripoffs are out there.

Find a company that has low enrollment costs. That gives you some time to feel the water. Sometimes the picture is painted very rosy UNTIL you join. Then you find there is no upline support, no customer service support, poor shipping, and delays in returning calls if they ever do.


“Diligence is the mother of good luck.” - Benjamin Franklin


Every time we have ever seen a company or down-line explode and go away, it does so because of the same 2 reasons: GREED and EGO. Don’t get married to your company. This is business, if things don’t feel quite right to you, then they probably are not. Do not be blinded by the hype and propaganda.

True leaders are the Mentors with the servant's heart. Build people and people will build the business. The idea behind the function of leadership is to produce more leaders, not more followers.

People are people. They are not a number. They have goals, dreams & desires. Network marketing is not a sales business. Network marketing is a teaching & mentoring referral business.

These are basic principles to be successful. If a business is not easy to do, simple to understand, people won’t do it.

Watch for Pillar 4 – Compensation Coming Soon!

Have a Great and Wonderful Day

Dan Brooks & Stephan Bourget
http://www.mynewsuccess.com