In part 3 of the series I am going to share a little of my past and why the journey has brought me to a place where I believe everyone should have a Network Marketing Business as part of their wealth creation strategy.
I have shared a part of my story in various posts before. In What Happens When Your Game is Changed Overnight? I shared that we lost our business pretty much overnight in 1986. After that we went on to build two other businesses in the financial services world.
In 1998 we were well and truly back on our feet and had enjoyed several years of extreme growth in our business and income. We had a lovely home, some investments and really thought we were set financially. But not so, we were to repeat our experience of 1986 – please watch my video to hear the next chapter and why I think Network Marketing is such a good model.
So you might ask – why didn’t they learn from the first experience. Maybe I needed to repeat the lesson to really “get” it but I believe there were several factors that played a part. We were drawn back into a business that offered very lucrative immediate income with no residual. We had fallen victim to that trap of instant gratification as opposed to building an asset. I see this time and time again today in people who opt to stay in the E quadrant (Robert Kiyosaki’s Cashflow Quadrant) at the expense of building their business. We all need to build a residual income alongside of our other income.
Please leave me your comments below. I love hearing what you have to say. And please share this post with your Twitter and FB friends by clicking on the share buttons. I appreciate you telling others.