Watch the video starring the one and only Robert Kiyosaki and in it he speaks about Network Marketing and the 2 main reasons you should have for starting in this industry. I’ll let you know in this article what those 2 reasons are and why it’s fundamental to understand them if you want any success in your MLM home business.

Why Do Most People Fail?

Most people fail because they have no experience of business ownership, we’ve been programmed and trained to work at jobs and when you come to the tables with the skills you learned at your job it’s that much harder to get things moving.

Most people join to make money-an emotional decision. The truth is most people don’t have the patience and willingness to learn new skills, skills that are mandatory if you want success.

When someone joins just to make money their emotions are attached to the money they envisioned so when they aren’t instantly gratified or don’t make money in the first few months they quit.

It’s these people that give the industry a bad reputation spreading stories of how network marketing is a pyramid scam.

Addressing The Myth

Unlike traditional corporate systems there’s room at the top for everyone. When people don’t get to the top they say it’s a pyramid scam.

A traditional corporate system is a pyramid too, however in the corporate system there is only room for one person. In a Network marketing business there is room for everyone.

The pyramids are laid out differently. In Robert Kiyosaki’s video he explains that one pyramid has it’s base on the ground and one has it’s base in the air, this means that anyone can join as a business owner.

The 2 Reason’s You Must Have For Joining

1. To help yourself
2. To help other’s

Reason number 1 means that you come to the business to help change your core value’s to make the transition from an employee to business owner

Reason number 2 means that you join the business to help other’s make that very same shift.

Your Business Is An Asset

If you read any of Robert Kiyosaki’s writings on Network Marketing you’ll learn that most people join this business to make money for themselves. They forget that in Network Marketing you’re in business for yourself but not by yourself.

You must treat this business like an asset on the other hand you must treat the people who join you in business like an asset also. although it is a business you can’t forget the NETWORK part of it all.

This is a people business and always will be. Help enough people and you WILL reap the rewards.

You can make this work for you only if you help other’s. If you learn how to network with people and learn how to attract your future business partner’s to you a new set of rules will open up to you when it comes to your income level.

Learn more about The Biggest Wealth Transfer In History -
http://www.youniquerichdad.com

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Rich Dad Robert Kiyosaki answers some important questions from rich dad insiders.
Watch the video as Robert Kiyosaki’s answers these important and excellent questions from Rich Dad Insiders.

Question 1 –
Robert, if you could start your business life over today, what, if any thing, would you do differently? What business or businesses would you launch first, and why?

Question 2 –
Robert, what is the best piece of advice you have ever received?

“If I had to do it all over again, rather
than build an old style type of business,
I would have started building a
network marketing business.”

Quote by Robert T. Kiyosaki

In this Second Edition of his best selling book, Robert T. Kiyosaki updates and expands on his original eight “hidden values” of a network marketing business (other than making money!)

Special Bonus-three additional”hidden values” from Kim Kiyosaki, Sharon Lechter, and Diane Kennedy.

Robert Kiyosaki explains that building a network marketing business….

… is a revolutionary way to achieve wealth.

… makes it possible for anyone to acquire great wealth.

… is open to anyone who has the drive, determination and perseverance.

1. #1 True Equal Opportunity.
2. #2 Life-Changing Business Education.
3. #3 Friends Who Will Pull You Up, Not Push You Down.
4. #4 What is the Value of A Network?
5. #5 Developing Your Most Important Business Skill.
6. #6 Leadership
7. #7 Not Working for Money.
8. #8 Living Your Dreams

Special Bonus-three additional”hidden values”

1. #9 Marriage and Business
2. #10 The Family Business
3. #11 How You Can Use the Same Tax Loopholes The Rich Use.

Our Comments:

The Business School for People Who Like Helping People is a must read book for anyone in the network marketing industry and those looking at joining a network marketing company.

As a network marketer and continuing student of the network marketing industry, Robert Kiyosaki outlines this industry in a way others do not “With Out the Hype” pure nut’s and bolt’s information.

If you have read and followed any of Robert Kiyosaki’s books, then you know that starting and building your own business is one of the ways to achieve success.

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This is a video that really drives home the point that the “bailout” Washington D.C.  is doing DOES NOT WORK, and there are others who fill the void.  No matter how you look at it, it looks like small business loan sharking, but it is better than no loan at all.

Would you do business with this type of guy?

So if we can’t find money from friends and family we might have to resort to these types of folks.  The regular banks have seemed to turn tail on making loans to small businesses.  What I am curious about is if small businesses are the engine that pull the economic train why isn’t there some sort of economic program set up by the SBA to get these types of loans in place?  In my understanding the SBA does NOT make loans, they help guarantee the loans that the small businesses must get from the banks on their own merit.

While the lobbying efforts for Fortune 500 companies is substantial there really is very little lobbying for small businesses that is effective.  If small businesses we just able to do two things:

1) be able to secure affordable loans

2) be able to get group coverage for health insurance at substantial discounts

We just might see the economy rebound significantly.  Think about this just two simple things could get the economy jump started.  Instead it seem like we have a snake trying to eat a horse with the new healthcare bill and the snake is not digesting it so well! ;-0)

Read the original post:
Small Business Lending and Loan Sharking

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In this day and age I am constantly confronted with decisions.  I am also constantly barraged with information of others whose business ethics are simply wrong.  They know it when they do it but because they can at the expense of their employees or clients.  Take for example WalMart.  In this CNN Money article there appears to be a trend where they are dumping brands for their own private labels.  This is called the power of market share, WalMart owns the retail space.  At the same time, the product company has the opportunity to come back should they spend heavily on advertising to get the users into WalMart’s stores.

Technically there is nothing “wrong” with this business practice, however is WalMart doing the right thing?  Are they giving their clients the best products at the lowest prices?  Maybe maybe not.  What if let’s say that Kimberly Clark is in the toilet paper business.  Let’s say they get squeezed out by WalMart because they choose NOT to pay for the additional advertising to be on WalMart’s favored status list. Let’s say Kimberly Clark has a $5 Trillion imaginary contract with the largest pulp manufacturers Big Pulp Mfg. Co.   What if WalMart also had a $500 Billion contract with Big Pulp Mfg. Co.  Kimbery Clark would rank over WalMart.

Let’s say there is a new beetle that destroys most of the trees in Big Pulp Mfg. Co. and demand goes through the roof.  Big Pulp Mfg. Co. decides to reward Kimberly Clark with paper allocation and not WalMart.   Now WalMart customers run out of ass wipe.  Oh my, Houston we now have a problem of epic proportions.  WalMart begs Kimberly Clark to sell them their toilet paper. However, the relationship is destroyed and there is no longer any trust, so Kimberly Clark decides to return the favor by selling to WalMart as such a high price it prices WalMart out of the market.  This is what is known as a pissing match and no-one wins especially the consumer.

We are seeing similar business model fluctuations with Google taking over the Yellow Pages, Book Publishing, Newspaper Advertising etc.  While market supply and demand don’t involve business ethics necessarily many businesses have become dependent on Google either for SEO or PPC or traffic in general, they literally have the power to make a break companies by deindexing them.  And have done so for various reasons.  So they say, “do no evil.”

So on a smaller scale for small businesses we are faced with similar situations almost on a daily basis just not as visible.  When it it OK to bend the rules a little and get the competitive advantage and when is it not?  I guess we have to ask ourselves that and search deep down for the right answer, or ask our colleges and mentors for guidance.  If you are “too ethical” I have found to be on the losing side so there is a fine balance.  In this era of “gotcha” bad news travels fast and it only takes one bad incident to destroy a life time of creditability, ask Tiger Woods.

What is Business Ethics?

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