Showing posts with label business opportunities. Show all posts
Showing posts with label business opportunities. Show all posts

Wednesday, February 25, 2009

Network Marketing – Robert Kiyosaki’s Perfect Business

If you are someone who is always continuously learning and looking to improve your financial intelligence, you would have heard of the world famous author Robert Kiyosaki, the mastermind behind the Rich Dad, Poor Dad series of financial books and the board game Cashflow.

As Kiyosaki himself puts it, when he first heard about network marketing, he was against it. However after opening his mind, he began to see advantages that few other business opportunities offer. He now talks about network marketing as one of the most perfect business models on the planet.

You might wonder then as to why Kiyosaki terms network marketing as a perfect business when he has never been involved in this industry. In order to understand this, you need to understand that Kiyosaki’s conclusions are based on his years of experience and observations as well as his ‘cashflow quadrant’.

In his book The Cashflow Quadrant, Kiyosaki discusses about the four different types of people who make up the world of business. The employees (E), self-employed (S), business owners (B) and investors (I), commonly referred to as the E, S, B, I quadrant.

E stands for employee where the employee trades time for money and is often stuck in a rat race and has no escape as he or she is forever diligently going to work to pay off various expenses including the government and numerous taxes. According to Kiyosaki, the average American today works five to six months for the government before they make enough to cover their taxes.

S stands for small business and the solo businessman is well aware that in order to have things done right, he has to do it himself. Rarely will the small businessman be able to leverage on others as they have to shoulder a heavier burden on their shoulders by taking on the responsibilities of the business owner as well as taking over the employee’s role of customer service, sales and even delivery personnel.

B stands for business owners and Kiyosaki firmly believes that in order to be a successful big-business owner, he or she needs to have an important personal skill which is leadership. Kiyosaki places a network marketing business in the B-quadrant as you are able to leverage on people ‘under’ you.

Last, but not least, the I-quadrant is where big smart business investors use their money to make more money.

Kiyosaki loves the network marketing business model for the fact that a true network marketing business is the exact opposite of a traditional business model. The network marketing business is designed to bring you to the top and not keep you at the bottom.

Various other points that make network marketing a perfect business model include the low cost investment to start the business, increase of tax breaks due to the fact that a person with a part-time business can take more tax deductions, meeting with like-minded people and being able to leverage on a system that is already in place.

At the same time, the network marketing company will invest in you, for as long as you are willing to put in the time, for your personal development. You will learn various soft skills such as people management to help you brush up on your business skills. At the same time, you will also have the guidance and coaching of your upline.

Thus, after opening his closed mind, Kiyosaki finally sees the unique benefits of the network marketing industry and believes it is the perfect business.

Tuesday, January 20, 2009

Making Money with Online Surveys

Making money with on-line survey jobs is something that is fun and could bring in a bit of extra cash. Though it sounds too good to be true, corporations will pay people to fill out surveys. Before you decide to sign up for one or more, here are some things to consider.

Do want to pay for the surveys? When you begin to look for survey opportunities, you’ll immediately notice that some sites require you to pay for a “list” of companies who will send you surveys and say they will guarantee a certain amount of work. Some survey sites do exactly as they say, and some don’t. It’s important to do your homework and try to determine which sites are legitimate business opportunities and which are not. Check out sites that list “good” survey sites and see if the same sites come up. Check scam sites (though these are not always reliable) to see if a site you are considering has been tagged by former users. There are plenty of sites that do not require any fee to join and some pay more if you refer more survey takers to their site, sort of a mini multi-level marketing scheme.

How much time can you spend filling out survey? Filling out surveys is time-consuming. The ones that pay the most can take forty minutes or more to fill out. If you are quick on the computer and a fast reader, you can whittle this time down. Remember, companies are paying for your opinion, so it is important to actually answer the questions as best you can and not randomly check answers. Treat this as any other job that you’d get paid for.

It can be frustrating at times because you only get paid for those you fill out entirely. Though most on-line survey sites try to pair surveys with the right people, sometimes you will get a survey that you cannot honestly fill out. A woman getting a men’s grooming product survey likely won’t be able to complete the survey and will get “kicked out.” In other words, the survey will end. Many times you only get paid for the surveys you complete.

How much will you get paid? This depends on how much time you spend, how lucky you are to get surveys you can complete, and the survey site you sign up for. One site claimed to have a worker sign up and work full time for a week. Although it was fun to fill out the surveys, the worker made less than 50 cents an hour. Other people just get a kick out of doing something that’s fun and getting paid for it…even if it doesn’t mean you’ll be able to buy that yacht you’ve been hoping for. Some sites offer coupons or product trials, which are always fun to get.

It’s important to have some sort of commitment. Like anything, if you want to make money, you’ll have to put in the time and effort to do it. You will not have any success if you have people other than yourself answer the surveys or if you answer the questions randomly.