Here is the 7th video in our Cycle of Duplication training.
Here is the 6th video in our Cycle of Duplication training.
Years ago I read a book by Robert Kiyosaki called Rich Dad, Poor Dad.
It changed my life.
In the book Robert introduced me to the concept of the cash flow quadrant and moving myself from the E and S, Employee and self-employed side over to the B and I, business owner and investor side. For the first time in my life I really understood having other people generate multiple streams of income for me. I understood that I can continue to be and E or S, work 40 hours per day and get paid for 40 hours. If I wanted to make more money I had to get another, higher paying job or work more hours. Those where the only options. (learn about the Cash Flow Quadrant here: http://youtu.be/RDxlNyH-pp4 )
But by moving to the B and I side I could compound my effort. I could have several people all working 40 hours for me and I would benefit from many more hours of work during that same 40 hour period. As J P Getty once said he would rather get paid for 1% of the efforts of 100 people than 100% of the efforts of his own work. These concepts really resonated with me.
I began looking around at different ways to get paid for the efforts of those 100 people. I knew that franchises could do it for me because they would offer me a proven system, a proven product, and mentoring and training but I didn’t have thousands of dollars laying around for the initial investment.
Then I finally found it. I actually found a way to get paid 5% on the efforts of 100, 1000, 10,000 or more people. I found a business with low startup costs, no inventory, no employees to manage, no complicated paper work and government regulations to worry about. A business with many mentors ready to help that are just a phone call away. And a business with plenty of training materials to help me get off to a good start.
Before I tell you about the business I want to share 2 things with you. First I have included a blog that Robert Kiyosaki recently posted on this same subject. After his post I will include a link to a website that will give you an insight into the business that I found. I ask that you read this blog post and then go oto that website, complete the contact form and then watch a short video by another good friend of mine. After you do both I will contact you to set up a time to talk about what I have found and how it can help you as well.
Here is Robert’s post:
Do You Own a Job or Do You Own a Business? Find Out the Difference
3 Ways to Become a Successful Business Owner
Posted on: Tuesday, August 13, 2013
Written by: Robert Kiyosaki
The importance of business systems and how to own them.
Do you want to own your own business? Often, when people are trained to be employees or self-employed, E’s and S’s on the left side of the CASHFLOW Quadrant, they find it hard to transition to the right side of the quadrant, to become a Business Owner (B) and Investor (I).
But if you want to be truly wealthy and financially free, it’s imperative that you move to the right side of the CASHFLOW Quadrant. The best way to do this is to move from an E or and S to a B. By building a business, you learn a business sense and how to build great systems. And owning a successful business is really owning a successful system and leveraging others to work in that system. That’s the fundamental difference between and E or S and a B.
When you start a business, you also learn what makes a business successful—and what makes it unhealthy. These are key things you’ll need to know to be a great investor. Additionally, starting a successful business will give you the cash flow and free time you need to invest well and weather the ups and downs of the market.
When it comes to becoming a successful business owner, there are three ways you can thrive in the B quadrant.
1. Find a mentor
My rich dad was my mentor. A mentor is someone who has already done what you want to do and is successful at doing it. My rich dad taught me about systems and how to be a leader of people, not a manager of people. Managers often see their subordinates as inferiors. Leaders must direct people who are often smarter than they are.
A traditional way to do this is to get your MBA from a prestigious school and then get a fast-track job that takes you up the corporate ladder. An MBA will teach you about the basics of accounting and how the financial numbers relate to your systems, but having an MBA doesn’t mean you’re competent to run a business. You’ll need to spend 10 to 15 years in a company to learn all the different aspects of business. Then, you should plan on leaving to start your own company. Working for a successful major corporation is like being paid by your mentor.
Even with a mentor and years of experience, building a business from scratch is labor-intensive. Creating your own system requires a lot of trial and error, up-front legal costs, and paperwork. All of this occurs while you’re trying to develop and lead your people.
2. Buy a franchise
If you don’t want to take the time to build your own business systems, you can buy a franchise. When you buy a franchise, you’re buying into a proven operating system. The advantage of buying a franchise is that you can take the time you’d spend building your systems to focus on developing your team. And because banks like to make loans to businesses with good, proven systems, they’ll often give a loan to a franchise but not to a start-up.
A word of caution: Don’t buy a franchise if you want to do things your own way. You must be ready to do everything the way the franchisors tell you. You don’t call the shots, but you do own the system. If you want to do your own thing, do it after you’ve mastered both building your own system and leading people.
3. Get involved in network marketing
Network marketing often gets a bad rap. Because it’s a newer form of business system, many people look at it suspiciously and think of it as a scam. Initially, I felt this way too. But after dropping my prejudices and doing some research, I found many people who were sincerely and diligently building successful network-marketing businesses that made a positive impact on their financial futures and others’.
For a reasonable entry fee (often around a few hundred bucks), you can buy into an existing system and immediately begin building a business. And because of technology, this can be done almost entirely online and automated. Paperwork, order processing, distribution, accounting, and follow-up are almost entirely managed by the network-marketing software. This allows you to focus on building your business instead of worrying about the normal start-up headaches of a small business.
Today, primarily due to changes in technology, the risk in becoming a successful business owner is greatly reduced, and the opportunity to build your own or leverage an existing business system is available to virtually everyone. If you want to start your own business, there’s really no excuse not to start today.
Franchises and network marketing solutions took away the hard part of developing your own systems. You acquire the rights to a proven system, and then your only job is to develop your people.
One practical thing you can do today is start learning about business and systems from a mentor and a coach. I had a great mentor and coach when I was building my business, and you need one too.
I hope you enjoyed this article by Robert Kiyosaki, He has certainly made a major difference in my life. Here is the link to the website I mentioned earlier. Click this link then complete the contact information at the bottom of the page to get access to the video that I want you to see then I will contact you to talk about what you thought.
Keith Abell, RPh
Any of you that know me or have been following me through one of my online blogs, know that I really put allot of emphasis on self improvement and self development. I utilize a wide variety of resources to get the positive information into my daily routine. Admittedly, it has been very difficult to embrace a daily routine of self development. Every day life tends to find ways to knock me off course. Once I realize I am going in the wrong direction I step back and realign myself and then move forward again.
You’ve enrolled a new distributor, now what do you do?
Many years ago I joined my first network marketing company. I really enjoyed all the products they had and as a pharmacist I was willing to put my reputation on the line but I had no idea what to do. I was getting no where quick and my up-line sponsors were of no help either. They were very excited to have a pharmacist on board and where quick to use me for credibility in their own pursuits but they did not provide any real training whatsoever so I quit.
I knew that network marketing was a good way to generate additional income for me and my family I just didn’t know how to do it. I spent the next 2 years looking at dozens of companies and even joining a few. This time however I was looking at training and marketing systems before I would even consider a company.
The only problem I had is I could not find a single company who’s products I felt comfortable with putting my pharmacist reputation behind. So I began looking at companies outside of the wellness arena.
Long story short, after all this exploration I ended up coming back to the original company. I joinded a new team that was willing to help and I vowed that I would never be the sponsor that collected the check and ran. I took all of that information that I had leared from all of these other companies and compiled it into a training website, http://AIMHighTeam.com
I realize that all that information is overwhelming. When a new distributor goes there they can quickly get frustrated and maybe even get lost so I knew I needed to give them a roadmap to follow as they prepare to get there business off to a fast start. So I created a series of emails that I send out to my new team members that guides them through a fast start traing process over the first 5 days they are in the business.
Since one of the tools I use for my business is an auto-responder system, I just change their status when they join from a prospect to a distributor and the auto responder does the work for me. I realize that not everyone can subscribe to an auto-responder system when they are just starting out so I thought I would share with you the 5 emails that I send out so you can customize them for yourself and manually send them out if you like.
I hope this information is helpful. Feel free to share it as well as my training site with your friends.
Subject: Welcome to the team
I wanted to welcome you to the AIM High Team and let you know how excited I am to begin working with you. We have an incredible opportunity with our company and I look forward to getting to know you better and helping you achieve your dreams.
You are about to embark on a journey, a journey into the home based business world. A journey where you sometimes feel alone and challenged. A journey where you will sometimes ask “what have I gotten myself into.” I am here to help you on that journey.
I have developed a website to help you get off to a fast start. A website that will introduce you to the 4 keys to success and guide you on that journey. If you take the time and delve into these 4 keys you will have the success that you desire, the success that you had in mind when you joined our team.
The first thing I would like you to do is to download the “90 For Life Training Manual” Over the next few days we will work through the 7 steps in this manual to get you to success quickly. To get the manual click on this link 90 For Life Training Manual or go to the training site http://AIMHighTeam.com and click on the training manual link at the top of the page.
Don’t hesitate to call me at any time. I look at this as a partnership as we work together so call me with any question or anytime you need help. I’m always available. My contact information is below.
Subject: The journey has begun
Now that you have started your home business my goal is to help you along that journey to success and to help you get there. An important tool in that journey is our team training website, http://AIMHighTeam.com. I want this website to be your one stop resource for success from home.
It is so important to get started the right way, so that you can experience immediate success! We have a proven system that gets you started and into action from the moment you sign up. The most exciting part of the system is that you aren’t alone!
Whew! What a relief. Isn’t it nice to know that you will be in business for yourself, but not BY yourself? It’s like you have been handed the key to your new business in one hand, and your other hand is being held by your up-line success leader and other folks like myself.
So let’s get started!
First I’m going to make a few assumptions. I’m going to assume that you have done the following:
· That you have ordered your CEO pack for $499 which included product, your website, and training materials (see the 90 for Life Plan)
· That you have created a 150 BV autoship order
· That you have printed the “90 For Life Training Manual” document. If you haven’t printed it yet then click on this link and download it now.
If you have any other questions about these first steps then give me a call.
The Senior Executive Marketing Director (SEMD) level in the Youngevity business has proven to be the reference point which begins to identify you as a serious business builder so my goal is to get you qualified as a SEMD as quickly as possible.
You ARE going to be a Senior Executive Marketing Director!
Believe it and then you will achieve it. I believe in you… Now it’s just doing it.
You have decided that nothing is going to stop you on your way to SEMD, so let’s GO!
Review the first two steps in the training manual and then go to the training website (http://AIMHighTeam.com) and review Strategy 1 – The Million Dollar Mindset. Once you have completed these steps, email me a copy of your YGY WIG (found on page 6 in the 90 For Life Training Manual).
Subject: 4 Keys to YOUR Success
By now you have downloaded the 90 For Life Training Manual. The first steps in the training manual will help you with these 4 keys to success.
Key 1 – Inspiration: Finding your inspiration. What inspired, or motivated you to join us in the first place.
If you followed my instructions from the last email you should have completed the first 2 steps in the training manual. As a result you have found your Inspiration and your Motivation. As we move to step 3 in the 90 For Life Training Manual we will take that wildly important goal and begin to develop your massive action plan.
Part of your massive action plan is to begin to explore who you plan to share our products and our opportunity with. To get a better understanding of who to share with go to the training website (http://AIMHighTeam.com) and click on the Memory Jogger link at the top of the page. While you are on the website, also review Strategy 2 – How to Never Run Out of Quality Prospects.
As you work through these steps, don’t hesitate to call me at any time if you have questions. As I mentioned before, I look at this as a partnership as we work together so call me with any question or anytime you need help. I’m always available. My contact information is below.
Email Day 4
Subject: The Cycle of Duplication, Invite, Expose, Close
By now you should have begun creating a list of people to share your products and opportunity with. If you have then it is time to continue to work through step 3 in the 90 For Life Training Manual. To help you along the way visit the team training site (http://AIMHighTeam.com) and review Strategy 3 through 5 of the Strategies for Success found on the right hand side of the webpage.
Strategy 3 – How to Invite Properly will give you some practical advice to follow during the invitation process.
Strategy 4 – How to Present will show you some of the key concepts involved in the presentation process.
Strategy 5 – How to Close will go over 4 powerful questions to ask during the closing process that will increase your closing percentage.
Also while you are on the training site be sure to click on the Cycle of Duplication link at the top of the page to find some additional tools for your success.
I hope you are enjoying this journey. As I mentioned before, I look at this as a partnership as we work together so call me with any question or anytime you need help. I’m always available. My contact information is below.
Email Day 5
Subject: Taking Action
Now that you have completed step 3 in the training manual you are ready to move on to Step 4 – Execute the Strategy on page 22. Take some time now to review the presentation, The 4 Disciplines of Execution.
When you finish with step 4 move on to Step 5 – Track your Actions on page 23 of your training manual. If you don’t know where you have been then you won’t know where you are and you won’t know if you are still on course so be sure to use these tools for keeping track of your activity. It is very easy to get side tracked in this business so these tools are designed to keep you moving in the right direction.
Once you have completed these two steps you are ready to begin building your business. Contact me as soon as you have completed step 5 so we can work on getting you to the SEMD level quickly. The most exciting part of the system is that you aren’t alone!
Isn’t it nice to know that you are in business for yourself, but not BY yourself? You have been handed the key to your new business in one hand, and your other hand is being held by your up-line success leader and other folks like myself.
So let’s get going!
Don’t hesitate to call me at any time if you have questions or anytime you need help. I’m always available. My contact information is below.