This post will be about why this industry.
This is the post in which you'll know why this industry for you.
1. According to Robert Kiyosaki, the author of best seller, Rich Dad, Poor Dad. There are four ways in which people earn money. The following picture will elaborate.
This is a Cash Flow Quadrant. |
There are basically four ways the cash is given throughout the world.
1. Employee:
A job person is called an Employee. This person works hard for the whole day for what he earns in the end of the day. If he stops working for a day, this income stops. Therefore this is a active kind of a income. Where you need to invest time and to get money. There is a boss always to control you and tell you what should be done. There more than 90% people in this category. Less than 10% of world money is with these people.They cannot have holidays according to their wishes.
2. Self Employee:
A person who owns a small business or shops or firms are called self employees. They have a few people working for them so they earn a little better than the employee. Like employees, they cannot take a day off from work. Their income depends on the time, the more time your shop is open, the more profit you're in. Even this is an active kind of income. There are more than 80% people working in this category. People like doctors, lawyers, actors etc come in this category.
Active income:
In the above 2 categories we learned about active income, which totally depends on your efforts and time invested in the project. This kind of income is kind of unreliable and time consuming.
3. Business:
Moving on to 3rd category of people, business. There less than 5% people in this category all over world. In this, you have a company or people working for you. You're the Boss there and you decide your income. More than 95% of world money is with these people, as they the power of network and people. This is a passive kind of income, in which, even if you don't invest your time, the income will go on.
4. Investments:
Big business owners do investments through bonds and stocks. Here, you don't need to work, your money works for you. Even this is a passive kind of income. The best kind of income is through real estate and properties. More than 90% of world money is in this. If you own a network or a business you automatically become an investmentor.
Passive Income:
In the above 2 categories we learnt about passive income, in which, if you create a network or a business, you'll have unlimited amount wealth whether you give time to your business or not.
Now, Network Marketing is an opportunity for all those people who want to change from E-quadrant to B-quadrant. In this you don't need a major capital money, sponsors or investments. All you need is confidence, skills and obviously hard work.
Note: Here I would like to add now that some people think this is a source of easy money. Well, money is only given to those who show efforts, without efforts and hard work no payments are made.
Many people do this business for financial freedom or passive income after retirement.
HOW CAN THIS BE A SOURCE OF FINANCIAL FREEDOM?
This can be explained by the N graph
This the N graph which shows how your effort and money is related. |
On this graph, as you can see, the orange line indicate your efforts and the blue line indicate the amount of money you generated.
In 1st year your efforts are max but your income is less, why so?
Well, 1st year is the learning phase, in which you face a lot of rejections and create a small team.
In 2nd year you efforts are less and some amount of wealth is generated through which you can at least take care of your needs and wants.
In 3rd year your efforts are almost equal to your income, that is your efforts are reducing and dreams are completing
In 4th year your efforts are less than your income, things are getting better? You can start investing your money after this stage.
In 5th yours efforts are very less, as of now you have a team working for you. Therefore income is more.
After 6th year It doesn't matter if you give efforts or no, the income will go on. This is called as passive kind of income.
2. Dreams
The next part is dream.
I WANT YOU ALL TO TAKE A MINUTE AND THINK ABOUT YOUR DREAMS.
I hope you guys liked what you saw. Try to feel those dreams and pen them down somewhere you can see them. They help a lot creating your future.
This is one of my favorite quotes in dreams. |
Dreams can be anything from buying a company to traveling across the globe. Don't limit yourself on this. If you can feel your dream being completed then you're one step closer to your success. This is one of the major reason why people are in a network marketing company. You not only earn but also learn a lot of things through this. So its worth investing your time in.
People:
In this industry, you earn like minded people who are there to support anytime. This kind of support and people are not found in different industries.
Well above are a few reasons why you can opt this industry and I'll keep updating this as possible but these are the major reasons. If you have any doubts please be free to ask in comments. If you want to know more about the network marketing industry or if you want to join one, add that in comments too. Keep following, commenting and liking my page. Thank you so much for reading this. Follow for more exciting content.
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