Robert Kiyosaki, the notorious author leisurely the Rich Dad, abominable Dad series of financial books has talked about network marketing as one of the most perfect business models on the planet.
But why has one who has never been interested in network marketing seem to endorse it as a genuine business model? Some may claim that this is a hypocritical endorsement, but in reality, Kiyosaki's findings are founded on solid business building principles and are hence, are agreeable observations.
To understand what he means by a perfect business, you must understand the background of the E, S, B, I quadrant.
E stands for employee, where you are under lawful employment working for an employer getting a payroll. Kiyosaki claims that most employees are stuck in a rat urge, where the employee constantly working to pay off his debts to the government, the taxation institutes as well as the banks. He finds that there is exiguous freedom and to exit from the rat speed, you must progress into the different quadrants.
S stands for limited business. He quips that it stands for solo businessman as well where in order to do things true, you gotta do it yourself! This quadrant of businessmen rarely leverages on others because they not only have the responsibilities of a business owner, they often need to double up as the worker and sales catch, the customer service pick up and sometimes, even the delivery guy!
B is the quadrant Kiyosaki wants to accumulate people into where you race a gigantic business by leveraging on people 'under' you.
Lastly, the 'I' quadrant is where gigantic business investors wind up. They exercise their money to rep MORE money. Kiyosaki describes the network marketing business model as the perfect business simply because he believes that you can easily jump from the 'E' quadrant directly into the 'B' quadrant without going through the hardships of the 'S' quadrant.
When you originate a network marketing business, the most well-known skills you will learn are business skills. Skills such as managing people, idea the needs of your customer, how to invest your time and money wisely and lots of self-improvement, mindset changing awareness that will acquire your business skills to the next level.
The most famous aspect about being in a network marketing business is that you fetch to learn all these business skills at a very shameful investment (a couple of dollars to a few hundred dollars worth of product investment), the guidance and bear of a mentoring upline, and all the time in the world for someone to gain those business skills. After all, not everyone's attitudes are alike. A network marketing business will relieve you to manufacture those skills even if you are a tiring, learner - because you don't have to disaster about enormous rental or inventory costs unlike a weak business in the S or B quadrant.
The facts reveal that what Robert Kiyosaki says is trustworthy and fair about network marketing indeed, being the perfect business.
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