Getting Started
Starting A Small Business In California
Profits Are Better Than Wages
Dec 24th
If you are self employed and you have had success you understand that profits are better than wages. What most people fail to realize is that profits could also mean that you are just making enough to pay the bills and in reality you are not making profits that will give you freedom. If you are new to business the secret to financial freedom is to create leverage with people or money. The more people you have working for you the more money you can make, right? Not always the case because most employees will not treat your business the way you would, generally most employees are there for a pay check. It is hard to run a business where people will only produce what you pay them or even produce less because it’s not their business.
The worst kind of business you can be involved in is one that is wasting your time. You know the one where you get up early and stay late to keep it alive, working harder not smarter. The business where you think things are getting better and the light at the end of the tunnel looks closer but you can never reach it. Now don’t get me wrong, I would rather be building my own business paying my bills, than working for someone else helping them pay their bills. That is the entrepreneur spirit!
If you are thinking of starting a business and you had a choice to build a business with employees or entrepreneurs, which one would you choose?
There is a lot of risk in starting a traditional business or franchise and if you are not well educated and funded, you could be one of the hundreds of thousands that fail and loose everything they ever worked for. You could never get your time back, the stress that you went through would forever harm you physically and mentally.
If you look at the ways to make money in the business world you could choose the following: Cash Flow Quadrant by Robert Kiyosaki who wrote #1 Best Seller ”Rich Dad Poor Dad”
E Work for someone as an Employee and collect a pay check. (Make someone else rich or help pay their bills)
S Start your own Small Business. (Risk your savings or barrow money from some one else)
B Build your small business into a BIG Business (Takes a lot of time and money to build)
I Have your money work for you by Investing (If you have money you can invest)
Pick a business that can help the masses because “service to many leads to greatness”
Let us help you pick the business based on your back ground and experience and if you don’t have experience we can train you for FREE.
If Communication Is Key, Why Are You Doing It Wrong?
Dec 10th
How to start off right in Network Marketing and the information that will help you communicate better and succeed in your business:
I have studied a lot of systems over the past two years and nothing compares to what Tim Sales has put together.
First of all I want to make sure that you understand the most important part of building a successful network marketing business, is that you need to know how to communicate with your prospects. When I mean prospects that means everyone you want to introduce your product and/or business opportunity to.
Most people will start with their warm list of family and friends and if they do not communicate correctly, your own family and friends won’t give you the time of day. I have learned this the hard way and I don’t want the same thing to happen to you. So below is the order in which you should start your Network Marketing business.
The Inviting Formula
Step 1. Greet: Get your prospects to talk freely and openly to you. The key here is to make the prospect comfortable talking to you and willing to telling you what they most want and need from the business. This comfort level will naturally lead you to the next step.
Step 2. Qualify: Find out what the prospect needs or wants as it pertains to your business. You must legitimately want your prospects to succeed if you are to be successful in this business. Part of this process is to truly understand and appreciate why the prospect wants to be in the business in the first place. Take the time to ask questions and find out what their motivations are, and the rest of the Inviting Formula will go much more smoothly.
Step 3. Invite: Invite your prospect to look at some educational material that will help them get what they need or want. Education will help you overcome huge hurdles when inviting your prospects. It doesn’t all have to come from you, either. Using experience within your organization and/or unbiased industry information to help educate your prospects will not only make them more comfortable with how the business works, but will also help you overcome any objections they may have.
Step 4. Handle Any Questions or Objections: Help your prospects past what is stopping them from getting what they need or want. Objections are the biggest hurdles to overcome when guiding a new prospect into the business. Be ready to answer questions to educate your prospect and you will find that objections are pretty easy to overcome, especially when you know what likely objections they will have.
Step 5. Close to Action: End the conversation by confirming the next time the two of you will talk and what each person is to do prior to that conversation. Assume a leadership role here and stay in charge of the process. Don’t count on the prospect to be proactive, since they are new and don’t have the understanding that you have. By giving them action steps to follow and having them make small commitments, you will effectively guide them into a more independent and active role in the business.
Step 6. Follow Up or Follow Through: Help your prospect get what they’ve said they need or want by moving them closer to getting it. Once a prospect has expressed interest in your business, they will be relying on you for information and guidance. So make sure you do whatever it takes to help this person achieve their goals, and show interest in their success during the early phase of their involvement in the business. In short, be a leader that you’d want to follow and look up to if you were in the prospect’s shoes.
To learn the Inviting Formula in detail I recommend that you sign up for Tim Sale’s MLM Brilliance program, it will answer all your questions in detail. The program is $29.95 a month and a one time set up fee of $27.00 but it will be worth thousands of dollars to you if you learn how to communicate correctly. The back office you get is awesome!
I also recommend that you get Professional Inviter to perfect the Inviting Formula, you can listen to the audio CD’s in your car or rip the CD’s to your MP3 player. I listen to the CD’s every time I get in the car or go to the gym. I knew if I could communicate correctly to anyone, anywhere I would succeed in Network Marketing or in any business for that matter. It is the key to success!
After you learn how to communicate the rest is easy and becomes natural, don’t make it difficult and frustrating when prospects keep telling you no.
Rich Price
949-795-8020
support@richprice.com
www.ExploreFreedom.com/richprice
Your First Year In Network Marketing
Nov 19th
NetworkMarketing is one of the fastest-growing career opportunities in the United States. Millions of people just like you have abandoned dead-end jobs for a chance to achieve the dream of growing their own businesses. What many of them find, however, is that the first year in network marketing is often the most challenging and, for some, the most discouraging.
Here, Mark Yarnell and Rene Reid Yarnell, two of the industry’s most respected and successful professionals, offer you strategies on how to overcome those first-year obstacles and position yourself for lifelong success. Learn how to:
- Deal with rejection
- Recruit and train
- Avoid over managing your down-line
- Remain focused
- Stay enthusiastic
- Avoid unrealistic expectations
Mark Yarnell is an accomplished author, speaker, and international businessman, best known for empowering individuals to unleash their unlimited potential and maximize their contributions to society. He has over 20 years of applied network marketing experience, building a worldwide organization of over 500,000 representatives. His recent books, Your Best Year in Network Marketing and Self-Wealth, can be found on his website: www.self-wealth.com Mark now lives in British Columbia where he is an avid paragliding pilot.
Rene Reid Yarnell’s life has taken her from the hallowed walls of religious life to the frenzied world of local politics to the entrepreneurial arena of network marketing. Her most recent book, Your First Steps in Network Marketing, can be downloaded from her website: www.yarnell.com. Drawing upon her diverse past, Rene is now launching into a new field of fictional writing. In her coming book, Pilgrim Soul, she parallels the recovery of a shattered world and a shattered love affair in the aftermath of 9/11.
Rich Dad Poor Dad Video On Business Models
Jul 21st
The four types of business models that make up
the business world today:
1. Employees 2. Small Business Owners 3. Big Business Owners 4. Investors
EMPLOYEES
1) As an employee you are obligated to clock in and clock out in order to get paid. Even as a sales men you are required to meet certain quotas and if you don’t show up to work or meet the expectations of your employer you will be unemployed. Retirement could be as far as twenty years away and there are no guarantees that the money you invest in will be what you want or think.
SMALL BUSINESS OWNERS
2) As a small business owner you need to spend or borrow money to start any kind of business and it usually cost at least 50K to start. Then once you are open for business it takes time and more money to build a client base. If all the cards are in you favor and you have a system to follow you might make it through the first year or two at a break even. Most small business’s fail in the first two years and by that time they lost everything they had.
BIG BUSINESS OWNERS
3) As a big business owner you have the ability to create millions of dollars but spend millions getting there. Big business owners like Bill Gates, Warren Buffet and Donald Trump have had the money, knowledge and timing that created their big business. If you like the millions of people out there that don’t have the money to start a big business, than you should consider Network Marketing. You can start a Network Marketing business for under $500.00 and build a network like big business owners. The power of expediential growth will take over and make you millions if you learn how to network.
INVESTORS
4) As an investor your need to have money to invest in assets or business’s. If you invest in real estate or stocks you run the risk of loosing big money but it could also make you big money. The object is to build wealth buy the form of cash, stock, assets or ownership of a profitable business. The bottom line is if you have your money working for you, it will set you free to enjoy life to the fullest.
