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Donald Trump and Network Marketing

Donald Truimp’s Response to Networik Marketing:

From the Book: Why
We Want You to be Rich by Donald Trump and Robert Kiyosaki. From Chapter 27: Why Do You Recommend Network Marketing.

 

Donald Trump maybe considered eccentric but his intellect about building wealth and financial education is as profound and proven as his hair is gregarious. With an open mind he looked into Network Marketing and realized it is one of the fastest growing business models.

He states, years ago when franchising began business questioned the legitimacy. Today everyone in the world has heard of McDonalds. Network Marketing still a fairly new business model is experiencing the same opposition as franchising did in its beginning.

Many Fortune 500 companies including banks, telecom companies, real estate brokerages, credit card companies and major consumer brands are committed to people to people marketing and distribution. Trump recommends having an open mind and if you’re looking to start your own business check out Network Marketing.

Keys for success in Network Marketing:

1.      Marketing-If you are self-motivated; Network marketing can be a powerful tool. Visualize a product and then remove the advertising agency; it’s now up to you to do the marketing and advertising. Be passionate enough about it to get it going on your own and keep up the momentum and motivation at a high level. It requires an entrepreneurial spirit. Stays focused and persevere. He does not advocate Network Marketing to people who are not self-motivated.

2.      Socialilibity is a requirement, so if you’re not social or outgoing, think twice about going into Network Marketing.

3.      The Product- Make sure the product is worth your energy and total devotion. No use energetically spinning your wheels if you don’t believe in the product you market.

4.      Time- Give yourself time to develop in Network Marketing. Success doesn’t happen overnight.

5.      Your Comfort Zone- Find your limits and stretch beyond that point.

6.      Leadership- Critical for success, you must take charge and have a can-do attitude.

Trump continues to say Network Marketing has been a proven and viable source of income. It will be rewarding to you by overcoming your challenges. Know what you are getting into and what is expected.

Success is earned through diligence, enthusiasm and right product at the right time.

Keep the focus groups mentality when starting in Network Marketing. Advertising agencies use focus groups as a way to test a new product. They try out different locations and ask everyday people what they like or dislike about a product. If you don’t like a product, it doesn’t mean everyone else will. Find the product appeal everyone can agree on.

In closing, he states to do your research about the product and company and then put everything you’ve got into your product. Genuine enthusiasm is hard to beat and the odds will be with you.

A Recommendation for Network Marketing by Robert Kiyosaki, Author of Rich Dad, Poor Dad

 

From the Book: Why We Want You to be Rich by Donald Trump and Robert Kiyosaki. From Chapter 27: Why Do You Recommend Network Marketing.

Robert says long term success in life comes from your education, life experience and personal character. Network marketing provides personal development in those key areas. The training for those areas plus attitude training doesn’t always mean you will have a successful business, it is one of the toughest challenges a person can do.

If it was easy everyone would be doing it. You must overcome self-doubt, shyness and fear of rejection. He also states an important personal skill to have is Leadership.

 Are you able to overcome your own fears and teach others to overcome their fears? Would you like to have someone invest the time in your education, personal development and help build your business? Network marketing is the answer.

 Kiyosaki also states, you need to ask yourself if you are willing to do what it takes and go beyond your comfort zone. Can you be led and are you willing to learn how to lead? Focus on the education and personal development of the Network Marketing Company, not the product or the compensation plan and get started. Robert’s criteria for a successful Network Marketing program are:

·       Leverage- Can I train other people?

·       Control- Do I have a protected system that belongs to me?

·       Creativity- Will the business allow me to be creative and develop my own personal style and talents?

·       Expandability- Can my business grow indefinatly?

·       Predictability- Is my income predictable if I do what is expected of me? If I am successful and keep expanding my business, will my income increase with my success and hard work?

Pyramid Schemes are the opposite of Network marketing he continues. Any corporation with a CEO is really a pyramid scheme having one person on top.  A true network marketing business does not succeed unless it brings people to the top, not keeping you at the bottom, the opposite of the traditional business model.

Other Points:

1.       Tax Breaks/Incentives increase

2.       Meet like-minded people

3.       Give yourself time

4.       Network marketing companies are patient

5.       Leverage the systems that are already in place

If you have a closed mind, try an open it to see the benefits of network marketing and the people involved that want more out of life.
 

Check out this Network Marketing Company: Altairia International