This article is for someone looking to increase wealth but not sure how to do it yet. As in the Robert Kiyosaki book, CashFlow Quadrant, moving from the left side of the quadrant to the right side of the quadrant is the way that you create wealth. Living from paycheck to paycheck, cutting coupons and borrowing money is not a path to financial freedom. If you read my post, "Business Systems", you learned that C Type Corporations and Franchises typically require enormous investment capital to start up.
If you don't have the start up money, then the best option of the business systems for you is the network marketing business system. In any network marketing business, as you work your regular job, you learn to create more income as your business can take time to develop. If you are looking for get rich quick, this isn't it. So you must learn how to move over
Robert Kiyosaki states in his book Cashflow Quadrant, that the business system is more important than the product. You may disagree. But allow me to illustrate. First, I ask, do you think you could make a better burger than McDonald's? I bet you can. Now, could you develop a better system, better service, better marketing, better supply and delivery than McDonald's? Probably not, no offense. See it is the system that is important in business.
And Network Marketing is a legitimate business opportunity that is a great system with a very low start up cost, usually around $200 or so. Some companies will even refund your start up cost within a certain period if you quit (but I don't advice starting out with a quitting attitude, it never works and you will be guaranteed to quit). Once you decide that this business system is the one to help you achieve your goals of time freedom and financial independence, then look at the product and compensation plan that the company has to offer. Also, decide if you would like to build your business using the internet. You can generate leads online and make money online too.
The great thing about network marketing is that even though it may take a little time to reach your goal, you can begin to create more wealth instead of living paycheck to paycheck. You'll be on both sides of the quadrant, earning a paycheck and residual income. Your goal may be to pay off debt or invest the money. Either way, that's exciting. And as you stick with your network marketing business, you'll gain more leadership and communication skills that will help you go further in your life too.
Author Resource:
To grow a network marketing business successfully, you must be own a leading team and learn the skills to develop your team . Michelle Falla is a teacher and entrepreneur who helps educate people leaving the left side of the quadrant and moving to the right side. Visit Michelle's Youtube channel here
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