Tuesday, 26 November 2013

Business model / system similar to vending machine.

My previous video was about struggle, we all are going through it in some level.
I will add the link where you can watch it here ---> http://www.youtube.com/watch?v=-ISEmR7ehXc
Today I am going to talk about business type that allows to you to ear money in your way in your time. To build and income to the level you like.
Business Model / system similar to wending machine - Network Marketing.
Network marketing is a business model that is based on a company distributing products and services through a network of independent contractors. Network marketing is also popularly known as multi-level marketing (MLM), affiliate marketing, and tiered marketing. Some of the most well known network marketing companies worldwide are Amway Corporation, Shaklee, Mary Kay, Tupperware and Avon.
To understand how network marketing works, it may be helpful to think of a business model that most consumers are familiar with, franchising. In a franchise, an owner pays a company for the right to do business using that company’s products, services, and name. The parent company agrees to provide the owner with training, development, advertising and marketing support. While the name on the outside of the building is that of the parent company, the actual location is privately owned by an independent business owner.
While networking marketing is not actually a franchising model of business, it does work in a similar fashion. In fact some large MLM companies refer to its business plan informally as “private franchising”. In network marketing, a company distributes its products and services through independent business owners (IBO) who in turn market these products and services to customers of their own.
The key factor that has made network marketing so attractive is that independent business owners not only have the ability to sell products and services to retail customers they are also able to expand their business by setting up others in their own businesses as well. This is commonly known as “sponsoring” in the MLM industry. Sponsoring others allow a business owner to not only profit from what he directly sells, but also allows him to profit from the sales production of those he has sponsored.
Here is an example of how an MLM business works: let’s say that Owner One is an existing IBO who sells $100 US Dollars (USD) worth of goods each month. In addition to any retail profit he earns he also receives a monthly bonus for his sales volume. Owner One decides to expand his business and sponsors Owner Two.
Owner Two develops a business that also sells $100 USD worth of goods each month. Like Owner One, Owner Two receives a bonus for his sales volume on top of any retail profit he has made. By sponsoring Owner Two, Owner One who has generated $100 USD of sales, is also credited for the $100 USD produced by Owner Two. Therefore Owner One’s total business sales volume is considered to be $200 USD.

If Owner Two decided to expand his business and sponsors Owner Three, Owner Two would be credited for any sales volume that Owner Three produces. Lastly, because Owner One sponsored Owner Two, Owner One would also be credited for the sales volume of both Owner Two and Owner Three. It is this ability to generate revenue streams from multiple sources that has made network marketing a popular and profitable business for many.
Because of the structure of a network marketing business, many people mistakenly believe that all MLM companies are illegal pyramid schemes. In actuality legitimate network marketing companies are not pyramids. The belief that MLM companies are illegal pyramid schemes may have popularly taken root in 1975, when the United States Federal Trade Commission (FTC) accused Amway Corporation of being an illegal pyramid. However in 1979 a US Federal Judge determined that the networking marketing plan used by Amway was indeed a legitimate business model. This decision in turn helped to legitimize other MLM companies.
This does not mean however that all companies who purport to be legitimate businesses, are. The entrepreneur who is considering network marketing should consider these factors:
  • The length of time the company has been in business.
  • The up-front investment to start the business. Many reputable companies do not require a large start-up fee.
  • The product return policy of the company. Legitimate companies generally allow for the return of products.
  • The amount of training and development available to IBOs.

Thank you for paying an attention to this post. The source of this post is taken form http://www.wisegeek.com/what-is-network-marketing.htm

Monday, 14 October 2013

Take control of your life

Serious problem with reactive language is that it becomes a self-fulfilling prophesy. People become reinforced in the paradigm that they are determined, and they produce evidence to support the belief. They feel increasingly victimized and out of control, not in charge of their life. They blame outside forces - other people, circumstances, even stars - for their own situation. - Stephen R. Stephen Covey
So don't be reactive be proactive - watch your speech and listen in your self, study your self and understand your self - than you will know what is best for you.

Friday, 27 September 2013

How did I start my new life

First thing, I have to apologize for my grammar and mistakes, my English is not good enough yet I am still learning.
For some people is hard to stop doing what they do, for some people this is naturally, not for me. When me and my family moved to Ireland (originally we are from Latvia), we met one girl, she introduced me with Amway organic products for household, skin care and many more and business. At that time I thought that is not real job so I just forgot about it and did what I always do, looking after kids while my husband is at work. So time went and nothing changed except, that my husband could not earn enough money to survive. We moved to different town and husband found another job in butchery, but still less than part time and he got job seekers allowance, but I new this is not suppose to be like that, we need something better than this.
After some time I met this girl again, lets name her Betty. She never asked me again to join the business, but I saw that she is using all Amway products at home. I thought it is not big deal she is using what she likes and same with me, but at that time I did not realize that I was lie. I lied to my self because it is hard to change habits. One day I thought well that's enough I will try some products, so I bought laundry liquid SA8, I was surprised how good  and how much cheaper it was so there it's started. I bought more products until one day I thought well what bad can l happen if I will start to introduce people with those products. So I got sponsored by one great couple.
How easy it was, use it + introduce others = get profit. Wow.... I learned more about this business and I did find out that this is not it! Really, there is more opportunities than selling, I was able to build a business team and get more profit.

I turned my life up side down, everything was changed in my life, because of my dreams to live better.. of my dream to be financially free in the future.
I live better now, but I am not financially free yet. But now I know what I can and what is possible, somebody told me "If you can dream it, you can do it", all you need is little bit faith in your self and be ready to change you life completely to be willing for better future.  
In this business you don't need talent, you need to make decision and stick with it! Would you be able do same? Would you want something better than you have now. As you can see, I am still struggling with language and I am shy person, sometimes I have to get over my self to go out and talk with people about business and show business plan, but I will not let my weaknesses to stop me to make my dream come true and I believe if I can do it, every one can do it. And If you are ready to change your life I will help you to do that, all you need to do is ask me and I will make sure that you will succeed.