Merged: How to Start a Business?

[mikee]

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sori ninyo mga bro environmentalist man gud ko bro

[JedCrack]

such a hypocrit, bantay mopalit ka ug kahoy para sa imong balay ug furnitures. by they way, tinam-nan na nga Gmelina among gipalit. amo nang hinagoan ug among gitanum ang kahoy sa among yuta for 5 to 10 years old nga kahoy. kamo, storya ug hunahuna ray daghan. by the way, kung amo ra ang kita gihuna huna, kinsa sa ato nga nakacreate ug jobs. ikaw? pila man imong na create nga jobs? ang inyo, mga 'downlines' nga wa ninyo gisweldohan ug gi exploit pa. LML is pyraminding. kana moy dapat prisohon kay kawatan sa kwarta sa publico.

[aninipot]

Kalma lang JedCrack. Ana jud na ang mag MLM, passionate kaayo. Pasagdi na lang kay ang panahon ray makasulti kung mo-asenso sila.

I have read four books already by Robert Kiyosaki. Multi-level marketing should not be confused with network marketing. Kiyosaki specifically root for the latter, and one of the example he gaved is McDonald. He didn't even bothered to mention Amway or any other multilevel marketing entity.

It's really a pity that some MLM are capitalising on Kiyosaki's book when in fact the nature of MLM violates the major teachings of Kiyosaki.

[resensa]

You're saying that the nature of MLM violates the major teachings of Kiyosaki.

Can you identify who wrote this?

"If I had to do it all over again, rather than build an old style type of business, I would have started building a network marketing business." - Quote by Robert T. Kiyosaki

Read his book THE BUSINESS SCHOOL.

By the way, here is the definition of Network Marketing on the Web:

The same as multilevel marketing. A term preferred by some who are trying to avoid the perceived stigma of multilevel marketing.

So what is Network Marketing or MLM?
It is a business about helping people, often called a people's franchise. It is the unseen business, it does not have giant signs or large offices but yet millions of people are working in this industry each and everyday.

In the 1950's when the Franchise emerged it was labeled a scam, illegal etc. Fortunately a franchise is not labeled as such anymore or you would not be enjoying your favorite hamburger today.

A network marketing business in reality is a business school, you are or should be in a training program from day one. This truly is a Learn while you earn Program. The training if it is quality training is life changing.

P.S. JedCrack should stick to the issue. Walay personalay. Just present your case like what aninipot did.

MERRY CHRISTMAS AND A PROSPEROUS NEW YEAR EVERYONE!

[irangejuice]

I'd have to agree with mlm being a bad business opportunity. I'm not saying it's illegal or anything but fact is, statisticaly--it's a bad choice. Sure a lot of people might've gotten rich but compare that amount with whatever the unsuccessful downlines spent to "get their business" right.. and you'd have a figure very close to what the "upper circles in the MLM environment have". I read that in a study so don't ask me for freakin numbers. If you think about it--it make sense most of the fuel that keeps this type of business up is the initial (and upkeep) investments that the hopefuls are dishing out.

My family has always been in the traditional supply/demand type business. We sell bread to the regular Filipino bread-lover. Though starting it is not as cheap as 10k but as what jed has been trying to explain: study, look for what people need. Even wants nowadays are considered needs. Take cellphones, who the hell would've thought that a 45k PDA/phone would be in demand in a 3rd world country like the Philippines? Communication needs? Nah, i'd get the same amount of communication on a cheap-ass phone.

Anyway 10k for initial investments? i don't really have a suggestion as to what type of business you should get into since i don't even know what you are capable of. But, a couple of advices:

since your capital is quite low, try to go for quick cash instead of long term arrangement. You need to do the "rolyo" or else you'd run out of moolah to keep the business alive. Do it quick but do it smart. While you're doing your small time thing, you'd get enough experience and exposure to have an idea of what business you might wanna get into when you finally decide to take it a notch higher. Do not mix your personal stash of cash with your business'. And lastly, in business everything is a calculated gamble.

[gnrx69]

JedCrack: Nindota nimo ug explanation bai. thanx for the idea. i've been in networking biz before
and ur right with it.

Ameen to that @ JedCrack salamat bai

[resensa]

I respect your view about MLM. But I don't think it's a bad choice.
Let me just share with you a brief explanation why people fail in MLM or Network Marketing.

Robert Kiyosaki summed it up correctly when he said that Network marketing is "The Business School for People who like helping people."

So why do so many fail in this business? One of the main reasons is that people do not take their business seriously enough. They look at it as something to pull out when they feel like it and play with it. It takes dedication and persistence to grow a business. Training is so very important to your success in Network Marketing / MLM.

Most people have not reached the pain level that will lead them to success. You know the pain when you have more month left than money. We have all been there.

You're blessed that you have hundreds of thousands or even millions to start a bakery that you can call your own. But what about those who doesn't have what it takes to build a business like yours? Isn't MLM a good choice? What if i could present to you somebody here in Cebu who started with only P2,160 in MLM and by God's grace, in less than a year of doing the business, he was able to buy a brand new 2005 Ford Escape? Is MLM still a bad choice? What if i tell you that he's already earning more than P200,000 a month? Would you still think that MLM is a bad choice? Where else could someone start in business with a minimal outlay of P2,160 and have the opportunity with hard work to exceed the income of some of the top CEO's in this country?

One of the important things to remember in MLM is, you are in a real business, you no longer have a boss holding you accountable. Your success or failure is dependent upon you and your actions.

Happy Holidays!

[irangejuice]

One of the main reasons is that people do people do not take their business seriously enough

This "reason" is not exclusive to MLM--you should know that. When people do not give enough of their resources (including time and effort) to what they've gotten into, they're bound to fail.

[mikee]

high blood man ka jed easy kalang this is only a forum, don't be so dependsive

[aninipot]

You're saying that the nature of MLM violates the major teachings of Kiyosaki.

Can you identify who wrote this?

"If I had to do it all over again, rather than build an old style type of business, I would have started building a network marketing business." - Quote by Robert T. Kiyosaki

Read his book THE BUSINESS SCHOOL.

Yep, I have read The Business School. And I have attended some of the seminars by Amway. And Amway is the only MLM recommended MLM by Sanchez on one of his Pinoy Series books "How To Start Your Own Business". I know Kiyosaki would really endorse "MLM's" if this is really synoymous with "Network Marketing" because of he wrote that book too.

But I'm really wondering why he never was himself involved in MLM. Yes he said that he would have done previous business in a network marketing infrastructure but never did. Instead he moved on to other types of businesses such as real estate and investment in upcoming good companies. Why did Kiyosaki violated his own teachings on Network Marketing while on the other hand practiced the other concepts by heart?

By the way, it is only my perception on this. Yes, am a fan of Kiyosaki but I do also some evaluation or criticial thinking also. It helps removes cobwebs in the brain.