LEVERAGE OF MONEY
If you are not using leverage, you are working too hard and earning too little.” T. Harv Eker
The beauty of Network marketing is that it allows you to leverage a small amount of money to acquire a business that is fully operable from day one. With an investment of oftentimes under $200, you are given access to a warehouse that is fully stocked and fully operated by the network marketing company you are affiliated with. You are also provided with a customer service staff that works oftentimes 24/7 to take care of any of your customer’s concerns. You also have a unique product, a development team, and an executive team who increase the odds of your company’s stability. This translates into the stability of your own business.
LEVERAGE OF TIME
I’d rather have 1% of the efforts of 100 people than 100 percent of my own efforts.” John Paul Getty
If you are to be successful in network marketing, you must take advantage of leveraging your time. No matter how great you are at multi-tasking, there are only so many hours in day. You just can’t do it all. If you leverage your time, however, you can reap the benefits of other people’s effort, create more free time for yourself, and dramatically increase your income.
The goal in Network Marketing is to WORK LESS, put less time and effort into your business, while at the same time EARNING MORE. Now this is not going to happen overnight. The first couple of years in your business you will be putting a lot more time and effort and getting very little financial return. This is one of the advantages of 9-5 job. You work forty hours, you get paid for $40 hours.
But that’s why they call Network Marketing the four year career. If you put the effort into your business that a start-up deserves in the first couple of years and if you use leverage to your advantage, i.e. train your team to do what you do, create a duplicatable system, help your team leaders achieve their financial goals…than your business will grow exponentially and you will working less and earning more in the years to come.