enterpriseforkids.com

Inspiring kids to be entrepreneurial.

Network Marketing… A Brilliant Wealth Creation Vehicle!

October 26th, 2012

In our last article we shared our awesome, mind blowing experience at David Wood’s Break Through Training. Our article talked about David’s teaching of how to be tremendously successful and happy!

 

He teaches about attitude, mindset and overcoming fear, but he also explains that you need a vehicle (preferably vehicles) to build wealth. David Wood’s favourite wealth creation vehicle is Network Marketing! He has managed to generate tremendous wealth from Network Marketing, and although he has built several million-dollar Network Marketing businesses, today he is committed to the billion dollar company, Isagenix! David Wood is a professional Network Marketer and an exceptional trainer and mentor.

 

At the three day training seminar we became friends with many people with awesome energy! As it was primarily an Isagenix training, everyone there were Isagenix business builders. This common ground gave us all plenty to talk about. We had this tremendous belief in the company and the quality products that it has developed and won national awards for. We also saw the tremendous opportunity Isagenix offers for those who want optimal health and those who choose to use it as a vehicle to build wealth.

 

Network marketing is the business of the future! People referring people to use the products that they themselves are using and believe have excellent benefit. There are no shareholders expecting dividends, middle man taking his cut, or expense through having to run a down town shop. You don’t need to employ anyone, pay for stock or maintain complicated book keeping. Network marketing requires zero start up capital, no franchise fees, and has a unique business structure whereby you help others to build their businesses and become successful, and by doing so it actually builds your own!

 

Now isn’t that awesome… all you need to become successful is to help your friends become successful!

 

David Wood explains that finding out about people and what is important to them and how you can be of help to them is the key to being successful. Connecting with people on a genuine and personal level cannot be underestimated.

 

Network marketing provides a proven system that works, so stick to it and use the tools the system provides. More of David Wood’s wise words…

“Don’t be a tool, use the tools!”… and…  “Systems are duplicable, people are not!”

 

He points out that it is our job to be great leaders… and great leaders aspire to inspire! If people are inspired by you, they will be drawn to your energy.

 

 

Network Marketing doesn’t require degrees, or fancy titles, or real expertise… anyone can get involved. What’s more, people can choose how much they want from it, whether it be simply using the products, paying off their car payments or weekly bills, to becoming financially free! There is no cap on income, unlike having a job.

Once you build your business up it will pay a healthy residual income for years to come without requiring giving up time. Really… it is a perfect opportunity for those who are ready for it!

 

At David Wood’s training there were plenty of everyday people achieving success, with some of them having built profitable businesses in only a matter of a few short months. The sky’s the limit, but it requires dedication, honesty, perseverance and hard work, just like any business. It’s just that with network marketing, eventually the residual income will allow freedom of time for you to do the things you want to do. If you are lucky enough to find a product that you believe in and can see make a difference in the lives of everyday people, then it is also a career you will love!

 

Network Marketing is also an excellent wealth creation vehicle for young people leaving school. Rather than getting a job, why not encourage your teenager to become an entrepreneur and build a successful business. By the time their peers have completed their university degrees and entered the workplace with a hex debt, a young network marketer could be making a six figure residual income. It is something we will look at for our own kids.

 

Robert Kiyosaki, Bill Gates and Donald Trump all describe Network Marketing as an excellent type of business to be involved in.

Warren Buffett himself invests in three of the top world network marketing companies.

Points to remember when choosing a network company as your wealth creation vehicle

1. The product must be second to none. You must use it, love it and have had a great result from it, or there is no point trying to make a business.

2. Do your homework on the company. What is it’s annual growth? Who are the leaders in the company, what is their track record and what is their vision for the business?

3. What is the company’s compensation plan? Does it help all of it’s members and give opportunities to all, no matter where they are in the network? There are many differing plans, some much better than others. The “Binary Compensation Plan” is one worth considering.

4. Does the company have a bigger vision to help make a difference in the world. Do they follow through with what they truly believe in and direct some of their profits to the charities they support to make a difference on a global level?

5. Are the products sustainable and likely to be around in the future? Are they well recognised and credible, and is the company continuously developing and improving their products?

 

May be a book worth reading!

To finish off we’ll share some of David Woods quotes…

“We don’t stop playing because we turn old, but turn old because we stop playing!”

 

“How I do anything is how I do everything!”

 

“Take 100% responsibility for everything in my life and for everything not in my life.”

 

In our next blog we get back to our own kids journey with becoming entrepreneurs. We will take another look at Kit and Chayse and see how they have grown their enterprising business and helped a charity along the way!

 

Links…

Isagenix products.

Isagenix entrepreneurs.

Isagenix compensation plan.

Our Isagenix Business website.

Isagenix in the News.

An Entrepreneur’s Conscience!

September 10th, 2012

Is Having a Money Mindset Charitable?

 

Yay! Enterprise For Kids Rock!

I was talking with a dear friend and asked what she thought of our Enterprise for Kids blog. She thought that it was very well done and that her kids were very inspired by our kids’ enterprise experiences. Her children had read every blog post and watched every video, then her nine year old daughter sat down and planned an enterprise following all the lessons we talk about in our blog.

Wow!

That is exactly the sort of inspiration we hope to develop, especially with kids.

What happened next was a real surprise to me!

 

What! I have to give it all away!

My friend explained that she didn’t mind the idea of enterprise, but she wasn’t OK with her kids having an enterprise where they make money for themselves.

I was a little taken back when my friend said this. I really had never thought that there would be people with the view that kids shouldn’t be making money for self interest. I was also grateful that my friend was frank in sharing her beliefs as it helps me better understand mine.

Firstly there is no right or wrong in what people believe or do. Everyone is entitled to their views and I respect my friend’s view.

After this enlightening conversation, I came to realize how far our mindset around money has changed since we started out on our journey in search for economic and personal freedom. It also had me thinking about the entrepreneur’s conscience!

Wealthy entrepreneurs think very differently to the rest of us.

Generally I would also say that they are not selfish; although I’m sure there are some who are, like there are selfish poor people as well!

Wealthy people would have persisted with their goals and taken certain risks to get to where they are now. Many of the wealthiest entrepreneurial people in the world are also very charitable and give millions away supporting causes they believe in. It is much easier to be charitable when you are rich! Many who are struggling to make ends meet do not have the time, energy or money to make larger contributions to the world.

Bill Gates

Warren Buffett

John Templeton

 

 

 

 

 

 

 

 

 

 

 

Bill Gates, for example, employs many people to spend his money on charitable causes! Warren Buffett, who has lived in a very modest house all his life, gives away billions to charity! And Sir John Templeton (1912 – 2008) contributes $70 million each year through his foundation providing research grants and programs relating to the Big Questions of human purpose and ultimate reality (very interesting if you have the time to delve!).

Only last week I was speaking with a new entrepreneur friend who lives in Perth. He has recently created tremendous wealth developing property mostly in the Western Australian mining town, Port Hedland. He explained to me that he no longer needs to work and he now channels his energy into his passion. He is planning to take his young family to America where he has enrolled in a Theology university course. From there he plans to do mission work in Africa. Being a successful entrepreneur is allowing him to follow his charitable dream!

It could be argued that entrepreneurs, as opposed to the rest of us “workers”, have more free time, are less stressed, enjoy better health, eat better, travel more and their families are given more opportunities in life.

Do the rich have an entrepreneur’s conscience?

Probably more so than the rest of us!

The difference being is that they are in a much better position to make a real difference in our world than those of us who are tied to a “job” and to “debt”.

I’d like to thank my friend who allowed me to consider my views of an “entrepreneur’s conscience”.  I certainly value the importance of teaching kids enterprise, and I do support the view that enterprising kids should also be taught to be charitable.

Our view also is that a child has to walk before they can run…..meaning that for us, it’s OK for our kids to have a “selfish” goal because that is what motivates them at the time to take action and learn the entrepreneurial skills necessary to succeed. Then, when they have mastered that skill, they are taught to have a goal, but think about where they may like some of the money they earn to go. That is exactly the process we taught our Chayse (who’s 4) and Kit (who’s now 7) when they reset their goals. See this in action in an upcoming blog.

The more entrepreneurs we create the better our world will be!

 

As we revisit our own kids entrepreneurial journeys in this blog, we will share the lessons around their entrepreneur’s consciences and how we are teaching them to be charitable.

Next time we will talk a little more about the conditioning we have around money and how the wealthy do think differently.

Keep this discussion going by sharing your view in the comment box below.

Lastly, I’d like to take this opportunity to remind you about the Gold and Silver Seminar that we are holding in Bunbury this Sunday. It will be an informative presentation that will open your eyes to some excellent investment opportunities. The discussion after the seminar is a great way to meet and network with other investors and business people. Bring along your teens to kick start their financial education. Click Here to view our flyer and please pass it around to others who you think may be interested.

enterpriseforkids.com

Inspiring kids to be entrepreneurial.