The old adage, 'it takes money to make money' is usually an appropriate statement when it come to most businesses or investments, but it isn't true in one particular case. Normally, money can act like a lever. In the investment world of stocks, commodities and real estate, this 'lever' controls a higher amount of money than its own value. In other words,, you can purchase an option worth $2,000 dollars on a corn commodity contract, and that option controls, for example, $15,000 dollars worth of future corn. When the price moves just a few cents in your favor, the original $2,000 dollar investment may profit by another $2,000 dollars. This is using money to leverage higher amounts of money. Of course, the price of corn could move against your position as well, and your investment can soon dwindle. There is another way to leverage resources, however, that won't cost you a cent.
Business entrepreneurs like Warren Buffett and Donald rump have recently both purchased and created their own network marketing companies. For those of you who have heard of this kind of business before, you may already have some pre-conceived notions regarding it. For some, the concept conjures up the old image of the door to door soap salesman of the 1960's, while for others it may engender thoughts of pyramid schemes. Well, there must be something more to these business models that we either don't know or don't want to believe is true because if they couldn't make money, these two giants in the world of finance would not be investing in them.
I suppose what they see is the power of duplication. Network marketing and what is also called multi-level marketing work on the principle of OPT and OPE, that is, other people's time and other people's energy. In other words, an individual can work five hours per week in his or her own business, and develop an organization of 500 distributors, who, for example, work their own five hours per week--and doing the math, there ends up being a total of over 2,500 hours of work being exercised in your business. That is the power of duplication. Network marketing works on the model of people helping other people succeed as a cooperative venture, and not the usual competitive, dog-eat-dog one that is so often found in the world of commerce and business.
So, keep an open mind and check out what these two great business tycoons have found to be a worthy investment. You may be glad you did.
Steve Boston is an author, television producer, boxing trainer and marketing entrepreneur. He helps people start online businesses with little or no investment-no paper, no inventory, no employees, no bosses, and best of all-potential income that can far exceed professional salaries anywhere, in an industry that is unlimited in growth. Visit his site:http://www.nocontractcellphones.biz Article Source: http://EzineArticles.com/?expert=Steve_Boston |
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