Not everybody is comfortable with direct sales, and some are even more scared of network marketing. But both create more millionaires than a JOB will ever do. So - which one will YOU choose...
Those that choose only to work for money (i.e. - they have a J.O.B.) will remember that any career choice taken will result in 40 years of work (if they are lucky) , with at least 40 hours a week, and then, they get a plastic watch and probably retire on 40% of what they really need to survive!
So the alternative is to make money work for you, and if you have read Robert Kiyosaki's book, 'Rich Dad - Poor Dad', you will have seen that two excellent ways of doing this are property and network marketing.
Now, to many people, unless they are one of the few that were born with a silver spoon in their mouths, getting into property usually takes a lot of cash to get going. Although there are some ways in which property can be acquired with very low initial deposits, usually you must allow for contingencies such as lack of tenants, major repairs and so forth. Over the last few years, many investors got sucked into the dream of low deposit property investments, and came badly unstuck when the market changed, and they lost not only their paper gains, but also their cash-flow.
The cruel fact is, that as we all know, property values are cyclical, and are so Country-dependant, so as long as an investor can weather the bad times, good times tend to follow eventually, like London busses used to - all in a row.
With the last recession still rumbling along, many property investors with just an ordinary JO.B or even those with a small established business have found it extraordinarily difficult to maintain their portfolios, and when they were forced to sell, many of them lost everything they had put into their property dreams, and in many cases a lot more, as prices spiralled downwards.
Those that had the cash benefitted massively in two
ways:-
- They managed to keep their properties, knowing full well that in the fullness of time, prices would soar back, and way past what they ever were, and
- They were in a position to cream off a number of bargains, as forced sales depressed the market prices even further.
So, where does network marketing come into all of this? Network marketing is not a 'get rich quick' scheme - in ANY culture -; it takes time, perseverance, and a really powerful desire to succeed. This is because although millions of people are now very happily embroiled in it, to many people, network marketing is still regarded as something of a scam, a pyramid, a way of annoying family and friends with the latest 'opportunity'. Many times some of my 'friends' have told me to 'go and get a proper job'.
Dream stealers 'all of them, and do you know what, they are usually so broke, they are just totally jealous that you may even succeed.
Now, to get involved in a successful network marketing opportunity, and that is the subject of another popular article I have written, this is a business, and as such has to be treated as one. People, who get into network marketing, usually at a very low entry cost, tend to treat it as such - a cheap opportunity. That is why the dropout rate, and disappointment, is so high.
A good opportunity in network marketing is going to require an investment of not just your time, but also there has to be a financial involvement. Unlike property, where you have to look at probably a 10 year cycle before you have considerable funds to reinvest, network marketing, if handled correctly, will have an 'exit route' of between three to five years.
Unlike property though, after you reach the level of residual income you have targeted, there is no reason for you to stop. Cut back on the time you are involved in your business (if you can, as I find it so much fun, and meet so many like-minded, friendly people in network marketing).
So how does this fit alongside a desire to be a property tycoon?
Well, assuming it takes you two to three years to hit your targeted income, which we will assume gives you a tidy sum each month that you don't have to spend (and that could be several thousand a month in spare cash), there is not only your initial investment to be taken from that, but a very healthy cash flow from a stable residual income. Not only that, but your income from network marketing will be just about independent of any financial crisis that the world in general will be throwing at you from time to time.
Wherever in the world you live, be that the UK, Germany, The States, Malaysia, Singapore, Hong Kong, Indonesia, Poland, Israel - all have their own different attitudes to network marketing and property ownership, and this article will be equally relevant wherever you live and try to build your dreams...
So, in conclusion, then, wherever you happen to live and dream, property and network marketing will make any determined would-be entrepreneur the best building blocks for a long and prosperous future.
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Network marketing and
Property have in the past helped create millions to achieve their dream. Can't make up your mind which one ( or both ) to get involved in? Then check out Geoff Morris's profile page at http://www.thebritgroup.com/profiles
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