Success is About Self Education – Post 487

We’re taught all of our life to go to school, get a good education, go to work for a good company. The reality is that that’s not how you create wealth.

 


It’s about self education.

Jim Rohn once said, “Formal education will make you a living. If you become self educated you can create a fortune.”


Over the years I have attend a lot of different seminars. I’ve met a lot different people that have done extremely well and have become financially independent in different niches in all types of different markets and the only thing they have in common is that they became personally educated and not just formally educated.


Over the past year I’ve met more than a dozen people that we’re all making over $1,000,000 and I was just trying to define, what’s the common denominator? 


Here’s what I think the number one thing in common was. The people that made it had reasons for making it. Strong driving reasons. But the other thing that I found just as fascinating was that of the ones that had a college degree, none of them were making their fortune in the field that they had studied in college.


Whether they went to school or not, every one of them realized that you have to do something different. You have to pay a price maybe, that society doesn’t tell you that you have to pay. 


There’s a lot of people that go to school, get a good education, go to work for a good company and they have this attitude of entitlement. “I did what society told me to do now I’m entitled to make a good living and where’s my money?” 


That was me. I worked my tale of to put myself through college to become a pharmacist. That was my attitude afterward. It wasn’t until I lost it and was not able to find permanent employment for two years that I realized that success, financial freedom, was up to me and not to my job or my degree.


I’ve heard it said that all the “A” student’s end up working for the “C” students and it’s really true. Over my lifetime the people who have had the most success hired people to work for them that were all sharper than they were. The people that they hired all had skill sets that they didn’t have themselves. They hired a lot of people, highly intelligent people to work for them. Really highly intelligent people that were “A” student’s who ended up working for them.


During the world war, a Chicago newspaper published certain editorials in which, among other statements, said Henry Ford was “an ignorant pacifist.” Mr. Ford objected to the statements, and sued the paper for libeling him. When the suit was tried in the Courts, the attorneys for the paper placed Mr. Ford, himself, on the witness stand so he could prove to the jury that he was ignorant. The attorneys asked Mr. Ford many questions, all of them intended to prove, by Mr Ford’s own words, that, while he might have considerable specialized knowledge relating to manufacturing automobiles, overall he was ignorant.


He was asked questions like, “Who was Benedict Arnold?” and “How many soldiers did the British send over to America to put down the Rebellion of 1776?” 


In answer to the last question, Mr. Ford replied, “I do not know the exact number of soldiers the British sent over, but I have heard that it was a considerably larger number than ever went back to England.”


Finally, Mr. Ford got tired of the questions, and in reply to a particularly offensive question, he leaned over, pointed his finger at the lawyer who had asked the question, and said, “If I should really WANT to answer the foolish question you have just asked, or any of the other questions you have been asking me, let me remind you that I have a row of electric push-buttons on my desk, and by pushing the right button, I can summon to my aid men who can answer ANY question I desire. Now, will you kindly tell me, WHY I should clutter up my mind with general knowledge, for the purpose of being able to answer questions, when I have men around me who can supply any knowledge I require?”


There’s a lot of good logic in that reply.


That answer floored the lawyer. Every person in the courtroom realized it was not the answer of an ignorant man. Any man is educated who knows where to get knowledge when he needs it, and how to organize that knowledge into definite plans of action. 


Through the assistance of his “Master Mind” group, Henry Ford had at his command, all the specialized knowledge he needed to enable him to become one of the wealthiest men in America. It was not essential that he had this knowledge in his own mind. 


I don’t care what society has told you. Formal education makes you a living. If you become self educated in the right industry at the right time you can create a fortune. 


You can create a fortune here and it’s not difficult. Just do simple things over and over and over and over and teach others to do the same.


I ask you, “do you want to fail or do you want to succeed?” 

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‘Hey I Have An Opportunity That’s Perfect For You …’ – Post 486

I just wanted to share this article with you folks. I found the insights of the author interesting. The opinions of others about this industry have always amazed me. Over the years I have come to know so many folks that are earning much more in this industry than I have ever earned as a pharmacist and they have so much more time for their family and just seem to be happy. Something I do not see much when I am around other pharmacists. Their enthusiasm and happiness is exactly why I have chosen to pursue this business as a profession. To learn more about what I am doing visit http://AIMHighForSuccess.com 

Why are are we so turned off by network marketing opportunities and the friends who offer them?

January 30, 2016 by

Have you ever had a friend invite you out to catch up and then enthusiastically delve into an “exciting new business new opportunity” they can’t wait to share? And you get blindsided with an invitation to join a new multi-level marketing program they’ve signed up for and want you to become a part of their team. Wha?!?

“Hey!” you might think, “I thought this was about catching up on our lives! Not about creating a business opportunity!” And you might feel a few ways about that. Most of them not good. You may feel you’ve been misled, unless the new business is something you are excited about. I mean, it’s an MLM (multi level marketing) for goodness sake. And that’s just not usually seen as cool.

Let’s be honest, MLM’s have had a stigma attached to them as being at worst a type of “pyramid scheme” (which they aren’t), or at least something less than a “real business” until some brilliant marketing genius started calling it “Network Marketing” a few years ago. I personally know people that have reached high levels of success and done incredibly well financially in MLM’s and they never get the street cred as being in a “real business.” What’s up that that?

Why is that? Where does this stigma come from?

As someone who owns a ” brick and mortar business” and knows how tough that can be (overhead, payroll, surprise expenses, support expenses, insurance, taxes, and etc) I wonder: maybe these network marketers are onto something. Since I’m naturally curious, I started asking questions about this and what I found really surprised the heck outta me.

To understand the industry and background I went to Paul Devlin, a respected no-nonsense industry analyst and speaker on the national level. Paul’s style is a “tell it like it is, hold no punches” way of looking at business and people and he’s someone I knew could explain it to me.

“Think of it this way, if I told someone I was the National Sales Manager at a named company they’d be somewhat impressed that I’d reached a certain level of success. I’d probably also be working 70-80 hours a week and never see my four kids. But tell them it’s in network marketing, that I see my kids all the time, have passive income and invariably someone will dismiss it as something bored housewives selling soap.” Indeed it seems there is a stigma even for top guns in the industry like Devlin.

So where did this whole system begin?

Back in the late 19th century, traveling sales folk were called peddlers, or hawkers and traveled around selling products almost door to door. Henry Heinz created an organization of salespeople to sell vegetable products to those that didn’t grow their own, focusing mainly on pickles and tomatoes (in the form of ketchup). In 1868 J.R. Watkins created a multi-tiered structure to his medical products company to sell the end consumers.

The concept: after a product was created, instead of spending millions of dollars on marketing, that money could be paid out in commissions to a personal sales force.

The concept was that after a product was created, instead of spending millions of dollars on marketing, that money could be paid out in commissions to a personal sales force. This sales force could earn money by selling goods that either people would normally be purchasing from stores (soap, household goods, etc) or couldn’t get from stores (now think advanced neutraceutcials, vitamins, supplements, skincare, or health/wellness that are using ingredients regarded as safe).

Today? The network marketing industry is a $120-$130 billion dollar industry (Devlin explains that some of the companies are privately held so their sales aren’t public). Some of the longest lasting companies are Amway (a $14 billion dollar company), Avon, Mary Kay, Tupperware, Shaklee, and Herbalife.

According to Devlin, some companies pay commissions up to 58% to their sales team and that’s money which traditionally companies spent on marketing or getting their products on the shelves of stores so consumers can conveniently pick them up. Most networking marketing company ship directly to the consumers, so there’s no retail store to speak of and most “distributors” aren’t encouraged to keep a large back stock (anymore). With the advancement of the internet, the network marketing business has also seen a rise. In 2008 when the economy struggled and major distributors of household products saw decreases of up to 30%, network marketing companies grew.

There’s an interesting inverse relationship with the economy according to Devlin. “When the economy is down, more people join networking marketing companies. When the economy is booming, more people buy goods from network marketing companies.

Where did the stigma of networking marketing being embarrassing begin?

Devlin points out that in the 1970’s the MLM’s started to really see a big rise in market share and the large distributors were not happy. Think of all those companies that put your household items on the shelves at major retailers, they became unhappy. They were losing market share. And those were the ones sponsoring large portions of the media at that time.

Comedian Johnny Carson among others, became infamous for poking fun at Amway on “The Tonight Show” and with so many viewers, the stigma not only stuck but became a type of cultural meme. People going door to door, bored housewives selling facials or makeup, or friends trying to talk friends into buying soap. The poking fun worked, and the stigma stuck.

After being publicly humiliated, distributors for many network marketing companies at that time fell into the underground covert method of recruitment and weren’t always upfront about why they wanted to meet with a friend or colleague. While their aim and goal might have been true, their methods may have been lacking.

The “hey, let’s get together for coffee and catch up” routine of getting people to a meeting happened more at that time. “I want you to meet a friend of mine.” Or “Let’s set up a job interview.” People who thought they were being interviewed for a job were actually being introduced to a professional networker in a network marketing company. (This happened to me many times, so I know of what I speak!).

“In Japan it’s considered rude or insulting if you don’t bring a new business opportunity to your friends and family first. For many years the Japanese were leaders in the networking marketing industry for this reason.” Paul Devlin

Devlin says that it’s changing for the most part; he thinks in major part due to better training. More access to information. And with the success stories being real, based on the hard work and effort of people we know and trust. Someone like prosperity guru Randy Gage, author of the new book Mad Genius (read a terrific GMP review here), who is also heavily involved in network marketing, has been a huge advocate of both the industry and companies that allow people to grow and get over their blocks to success.

As we see friends earning thousands, tens of thousands, and even hundreds of thousands of dollars of income through organizations they’ve built from the ground up through network marketing we are more apt to believe the dream.

“It’s odd,” Paul Devlin recounts, “In Japan it’s considered rude or insulting if you don’t bring a new business opportunity to your friends and family first. For many years the Japanese were leaders in the networking marketing industry for this reason. But in the U.S., it’s been the opposite. People can almost be offended or insulted if someone brings them a business venture, explains they want them on their team, or asks them to consider an opportunity.”

What about the long-held belief that network marketing is a pyramid scheme?

The rumblings of “pyramid schemes” began in the 1970’s when MLM’s where still be joked about as “bored housewives”, or “get rich quick” schemes where someone at the top of the chain earns money from everyone below them, as all the money flows up, regardless of the amount of effortless “work” someone puts in. In fact, Amway was taken to court by the FTC and in 1978 the Supreme Court found that the business practices were sound and a “legitimate business opportunity” and there was no pyramid scheme.

“Pyramids don’t actually exist in network marketing,” says Devlin.“The person that is at the top of an organization is an entrepreneur and may be able to create a passive income based on work they’ve put into building up that organization, but it’s just like owning any other type of business. You create a network. Instead of employees, you have an entire organization of volunteers that are either motivated or unmotivated, depending on your leadership. Some distributors will flourish if they treat their organization like a business and work on it as a business. Those that have the “lottery mentality” or expect the “get rich quick” thing to happen are usually sorely disappointed and don’t last long. It’s a business. It’s your business. And it can be very successful if you treat it that way.”

– See more at: http://goodmenproject.com/featured-content/hey-i-have-an-opportunity-thats-perfect-tby/#sthash.iFIwJ6n6.dpuf