The NEW American Dream

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There’s a huge difference between Network Marketing and pyramid schemes. Learn the truth here.
By Michael L. Sheffield

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Question: Some friends continue to try to recruit me into Network Marketing deals that seem like some type of money game or pyramid. Other friends tell me they’re illegal and I’ll get into trouble. How do I know what’s legal and legitimate?

Answer: To help you understand what Network Marketing is, I must first explain what it isn’t.

Network Marketing isn’t a pyramid scheme.

Pyramids are programs similar to chain letters where people just invest money based on the promise that other people will put in money that will filtrate back to them and somehow, they’ll get rich. A pyramid is strictly a money game and has no basis in real commerce. Normally, there’s no product involved at all, just money changing hands. Modern-day pyramids may have a product, but it’s clearly there just to disguise the money game.

Network Marketing is a legitimate business. First, it’s based on providing people with real, legitimate products they need and want at a fair price. While some people do make a lot of money through Network Marketing, their financial benefit is always the result of their own dedicated efforts in building an organization that sells real products and services.

Pyramids are illegal and are based on taking advantage of people. For a person to actually make money in a pyramid scheme, someone else has to lose money. But in Network Marketing, each person can multiply his or her efforts, skills and talents by helping others be successful.

Network Marketing has proved itself as part of the new economy and a preferred way to do business here and around the world.

Network Marketing isn’t about taking advantage of your friends and relatives.
Only a few years ago, Network Marketing meant retailing to, and sponsoring people from, your “warm list” of prospects. Although sharing the products or services and the opportunity with people you know is still the basic foundation of the business, today we see more people using sophisticated marketing techniques such as the Internet, conference calling and other long-distance sponsoring techniques to extend their network across the country and around the world.

Network Marketing isn’t a get-rich-quick scheme.
Of course some people do make large amounts of money very quickly. Many would say those people are lucky. But success in Networking isn’t based on luck. (Unfortunately, money won’t sprout wings and fly into your bank account no matter what someone has promised you.) Success in Network Marketing is based on following some very basic yet dynamic principles.

Now, let’s discuss what network marketing is.

Network Marketing is a serious business for serious people.

It’s a proven system where the design, creation and expense the corporate team has gone through becomes a road map for your own success. Just follow the simple, proven and duplicable system that the good companies provide.

The real key is this: Network Marketing is all about leverage.

You can leverage your time and increase the number of hours of work effort on which you can be paid by sponsoring other people and earning a small income on their efforts. Andrew Cargegie, who created one of the world’s greatest fortunes, said “I would rather make 1 percent on the efforts of 100 people than 100 percent on my own efforts.” This very basic concept is the cornerstone of Network Marketing.

For example, most successful people building a Network Marketing business do so in an organized method. They work a few dedicated hours each week, with each hour of effort serving as a building block for their long-term business growth. Then they sponsor other people and teach those people how to sell the company product and sponsor others who duplicate the process.

By helping the people you personally sponsor to sponsor others, you duplicate yourself. As this process continues, you create compound growth that can lead to hundreds or even thousands of people coming into your business. You leverage your time by helping others be successful and earn an income from all their efforts.

Network Marketing, has no big capital requirements, no geographical limitations, no minimum quotas required and no special education or skills needed.

Network Marketing is a low-overhead, home-based business that can actually offer many of the tax advantages associated with owning your own business.

Network Marketing is a people-to-people business that can significantly expand your circle of friends. It’s a business that enables you to travel and have fun as well as enjoy the lifestyle that extra income can provide.

Michael L. Sheffield is the founder of Sheffield Resource Network, a full-service multilevel marketing consulting firm in Tempe, Arizona. He is also the co-founder and chair of the Multi Level Marketing International Association (MLMIA), whose members represent companies throughout the world.

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The NEW American Dream Team

Excerpted from Robert Kiyosaki’s terrific book, The Business of the 21st Century.

Tax Advantages— and the Lesson They Teach
People who are brand-new to Network Marketing are often quite surprised to learn about the significant tax advantages from having your own home-based business.

Most people have at least a vague idea that the rich enjoy all sorts of tax advantages that they themselves do not, but since they have lived their entire lives in the E [Employee] quadrant, they typically have no concept of what those advantages are or how they actually work. Therefore, people are often shocked to realize that they, too, can enjoy those very same tax advantages and put significant amounts of money in their pockets from the very first day of their new business.

With recent changes in tax policies and more insurance programs tailored for small businesses and the self-employed, it’s easier than ever before to create your own benefits package that rivals and even surpasses anything the standard big corporations could offer.

By starting a Network Marketing business in your spare time and keeping your regular job, you begin to get the tax advantages of the rich.

A person with a part-time [home] business can take can take more tax deductions than employees do.

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And those deductions Robert is speaking about are not a few dollars here & there. They ARE significant. For most home-based business owners— even working part-time, they amount to a number of thousands of dollars (think $5000 or more). And that’s immediate money, not something you have to wait for.

There has never been a more important time to learn about and be open to the possibilities of Direct Sales MLM Network Marketing. It is The NEW American Dream.
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The NEW American Dream Team

Excerpted from November columns by Robert Powell of MarketWatch.com.

When it comes to retirement, we here in the U.S. can celebrate the fact that we’re not France. We presumably don’t have as much reason to riot in the streets. Then again, given the results of some research just released, we have no reason to be dancing in the streets, either.

The U.S. has the 10th best retirement-income system in the world. That’s the good news. The bad news is that, one, there were only 14 countries studied in the second annual Melbourne Mercer Global Pension Index and, two, the U.S. had the sixth best retirement system in the world in last year’s study.

Fewer Americans are retiring with traditional pensions. Half of working Americans don’t have an employer-sponsored retirement plan. And the percentage of folks who are “very confident” about having the same standard of living in retirement as during their working years is roughly one in four.

Nearly half of older boomers— those now aged 56 to 62— and some 44% of younger boomers— aged 46 to 55 now— are at risk of not having sufficient income to pay for basic retirement expenses and uninsured medical expenses, according to the Retirement Readiness Rating report by the Employee Benefit Research Institute.

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You could take your “retirement” into your own hands by owning your own, part-time Network Marketing business. The tax savings alone make it well-worth your time to investigate. What would an additional $500… $1000… or more mean to your retirement plans?

Network Marketing isn’t the only way. We just don’t know a better one.

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The NEW American Dream Team

Steve Wynn, a casino resort/real-estate developer who has been credited with spearheading the dramatic resurgence and expansion of the Las Vegas Strip, talks about the Fall of America. In this 04:43 minute video Mr. Wynn decries the disappearance of common sense in America; the mounting, unsustainable debt and “stimulus” spending of the government that’s compelling him to move much of his business to the more stable, certain economic environment of Asia. He sees his opportunities as far superior abroad and refers to the financial state of business in America as “cuckoo.”

If you’re open to learning about an alternative to your current “business environment”— one where you do have control over your financial future— please know MLM Network Marketing is not the ONLY answer. We don’t know of a better one.

Please, check it out. It may be what you’ve been looking for your entire life— and there will never be a better nor more important time than right now.
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The NEW American Dream Team

The Four Greatest Fears of Starting Your Own Business

… and how network marketing
blows them all away with the force
of a 20-megaton thermal nuclear
explosion! I dare you to honestly
and openly look at
network marketing and not be
impressed and intrigued!

It takes too much money.
People don’t have tens of thousands, or hundreds of thousands of dollars to invest in a business (and they don’t know anyone else who did).

It takes too much time.
People didn’t want to work eighty hours a week for the first year or two to get their business going.

There’s too much risk.
Over 56 percent of all businesses fail in the first two years, and they’d have to quit their job, so there was no safety net.

They don’t know how.
Most people have never taken any business courses. They have no business experience. They don’t know anything about taxes, accounting, marketing, and the myriad of other skills a good entrepreneur must possess.

Imagine becoming financially independent in one to three years in Network Marketing…

Without having to spend thousands of dollars each month…

Without having to work long hours seven days a week…

Without even having to quit your job during the development stage and…

Without having to get a business degree or hire someone who has one…

If you are considering starting your own business, or you want to, but have always been apprehensive, open your own mind to Network Marketing.

Think Network Marketing is too good to be true? I challenge you: Find the catch!

If you’ve never pursued a Network Marketing venture, it must be for one of two reasons: You just didn’t know about it, or you have a prejudice against it.

And that’s exactly what it is, a prejudice. You have prejudged this business based on what someone else has told you about it (usually someone who has failed at it or who has also never been involved themselves).

In other words, you’ve chosen to adopt someone else’s opinion of this business. Don’t let other people do your thinking for you. Make your own decision based on your own evaluation.

Check this business out. Really, do your due diligence. And when you are done, I would defy anyone, even the most devout skeptic, to not experience a significant, positive paradigm shift.

I dare you to honestly and openly look at Network Marketing and not be impressed and intrigued!

- Len Clements, Court Certified Network Marketing Expert
from the book It’s Time… For Network Marketing

You can get a downloadable PDF of Len’s complete article (along with all 52 essays) from the Free Library here: It’s Time… For Network Marketing

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The NEW American Dream Team

Of all the advantages of owning your own successful MLM Network Marketing Home Business, THE #1 is “Residual Income.” And nobody/ nothing else offers it.

Okay, that’s NOT true. Best-selling authors have it. Musicians who record hit have it. The people who make films— producers, directors, movie stars in leading roles— have it. (Many of them, but not all.) Inventors who come up with new & better mousetraps (think pop-top cans, Pet Rocks, zip-lock bags…) have it, too. Business that have customers who continue to pay them money month-after-month-after… such as cable TV companies & utilities.

Recurring, residual income is money that continues to come in long after the initial effort that created the original product or service is done: Books, CDs, DVDs and the like pay their authors & makes a percentage of the profits every time one is sold. Think the royalty income for J. K. Rowling and Dan Brown’s books, Beatles records, George Lucas’ Star Wars movies, Comcast’s monthly subscription fees.

For most “ordinary” Americans, recurring, residual income is simply NOT a possibility. Except for one thing…

MLM Network Marketing.

Here’s from his brilliant booklet, Mailbox Money (available as a PDF download in our Free Library by just clicking the link) is how Richard Brooke lays it out.

A Residual Royalty Income Business
Offers Huge Advantages

1. You can build it part time, any time.

2. You can build it from anywhere; any city, any virtual office.

3. You can launch it for less than $1,000.

4. You are “in business” for yourself, but not by yourself.

5. You can create enough tax deductions alone each year to make it worthwhile.

6. You can learn it while you earn it. You can create profit your very first month.

7. You can earn an extra $500, $1,000, $5,000 or more a month — every month — to invest in the traditional options of real estate and equities.

8. And the most valuable and lucrative benefit is that of Residual Royalty Income and its asset value. Built in the right company — one that has proven it pays over the long haul — that income can, and should, be there forever.

Recurring, residual income is “The #1 Wealth-Building Benefit of MLM Network Marketing” and we really don’t know where else most of you can get it.

Let us know how we can help.
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Thanks.
We appreciate you.
The NEW American Dream Team