There are 3 basic principles I’d like you to learn about today to help you understand the Network Marketing Industry. They are as follows and unlike traditional business, the MLM industry applies all 3 principles to build the business:
1. LEVERAGE
2. RESIDUAL INCOME
3. DUPLICATION
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I admit – I do enjoy reading (or skimming) management books. In my career, a few have been very helpful. Many are useful, helping to re-invigorate and focus as attention and time can be diverted by the mundane tasks of day to day ...READ»
As always I pay attention to what the collective is talking about and the word of the week appears to be accountability! It begins as far as I can tell with each of us individually- what am I doing, saying, being that doesn’t ...READ»
My uncle was a psychiatrist and professor, and would comment that a good sign of a person’s mental health is their ability to cope with stress and duress, such as setbacks, a layoff and so on. These days, an awful lot of people are ...READ»
Budgets are being slashed, small businesses are having difficulty surviving, and it’s that time of year when raises and bonuses are decided at many companies. These days it seems most employees should just consider themselves ...READ»
It’s that time of year when the majority of us are thinking about our New Year’s resolutions or goals. A lot of us will decide not to set any New Year’s resolutions because we know we will just fail (and then feel ...READ»
Fortune magazine was started in the midst of the Great Depression, and other great companies were started during recessions. Look at 2009 at the Year of Opportunity.READ»
So I always look at what's up in my life and the conversations of the week.
The topic of being authentic is what is up. For me it shows up in the question- no matter where I am and whom I am with, can I be me? Can I be me with my ...READ»
There are three ways to build a business - build, borrow or buy:
Build: develop new business
Borrow: temporary arrangements, including joint ventures and subcontracting
Buy: buy an existing business and merge
Building and ...READ»
Time is quickening and many structures are folding. The way we do business is part of what is changing rapidly. I am noticing many subtleties lately; I am aware that I have to be more and more conscious of the old thoughts and ...READ»
Many times, good leadership is in the small things. There are two recent examples that set a positive tone in difficult times.
The first comes from Dr. Harris Pastides, who were installed a president of the University of South ...READ»
When I teach business classes, one of my favorite discussion sessions looks at whether the personal characteristics of the person make a difference when choosing a CEO. I use the example of Avon when they appointed Andrea Jung as ...READ»
This story, posted in Sean Tiner's blog, caught my eye. A good lesson to remember in these times;
This past weekend, as Texas Tech beat Kentucky, Williams kicked all of the extra points.
Be ready. Be fearless. ...READ»
Fortune magazine began publishing during the Great Depression. The Empire State Building, Chrysler Building and Rockefeller Center in New York City were built during the same time. Microsoft had a major growth spurt in the downturn ...READ»
Well, it’s no secret that the economic falloff is bad – real bad. The challenge for management is to keep the company focused and moving forward. You have to be of two minds – watch the pennies at home, and spend the dollars ...READ»
Well, it's official. I've launched a Fast Company blog. I'll start posting some of my articles, reports and insights here -- including some content from my main blog.READ»
In the midst of the stock market cliff jump, one commentator pondered whether the top management of the financial firms really understood the “products” that they were selling and were the source of so much of their wealth. The ...READ»
The 1st Annual Great American Small Business Challenge Encourages Small Businesses To Achieve Big Results
The Great American Small Business Challenge is designed to help small business owners develop a faster, easier and ...READ»
NBC and Apple had parted ways over the pricing and packaging of NBC TV shows offered on Apple’s iTunes service. Yesterday, the companies announced that they had made up and come to an agreement for the NBC shows, such as “The ...READ»
They were dubbed “The Redeemed Team” – the 2008 US Olympic Basketball team. For decades, without NBA players, the US dominated Olympic basketball. After the defeat in 2004, new coaches and players were picked, and all were ...READ»
I've been flying USAir for over 20 years, Like all other airlines, they've had their ups and downs. An article in yesterday's Wall Street Journal tells us good news: USAir now ranks as first in on time performance. The story - the ...READ»
I subscribe to the argument, expounded so well in a 1980 Harvard Business Review article, that management ultimately is responsible for an organization’s success or failure. One year ago today in Charleston, SC, the city I now ...READ»
When Jeff Immelt took over as CEO of GE, he followed a tough act. Jack Welch had been the legendary CEO of GE for some 20 years, setting high marks for earnings growth and establishing a reputation for grooming the best managers. ...READ»
Among the many inane management mantras is the concept of “best practices”, the notion that companies should model themselves after the companies who are the “best performing” in their industry. Follow their lead, says the ...READ»
“He taught us to be fearless in business”.
That was a lesson taught by Jerry Zucker to his staff, said Jay Tiedemann, COO of the InterTech Group, of the company’s founder. Zucker, a self-made billionaire, passed away this ...READ»