Friday, May 31, 2013

Why Join a Direct Selling Company

Direct selling or network marketing never appeal to me that much several years ago. I once thought of them as scammers. However, through time, witnessing the successes of many individuals and learning great products offered through MLM (multi-level marketing) companies, I was compelled to do a little study.

Robert Kiyosaki, the author of Rich Dad, Poor Dad and the inspiration among numerous groups advocating for financial education, believes that direct selling is the perfect business for people who are willing to work for it. Kiyosaki wrote an article discussing the benefits of direct selling. I will try my best to relay what I've learned in a concise manner.

In his book, Kiyosaki explains the cashflow quadrant.  The quadrants: E, S, B and I represents the four types of people who make up the world of business. Each quadrant is define by its source of income and its core values.

E stands for "employee". As we all know, this is for the type of people who are dependent of their salary. Whether the person is a janitor or the president of the company, this quadrant share a common core value, which is job security and benefits.

S stands for "self-employed" or "small business owners". They earn through commission, per project or per amount of time they spent in doing a job. Their core value is independence. They want freedom and they want to do things their own way.

B quadrant represents "business owner" defined as having 500 employees. Unlike S quadrant that wants to be the best in his field, B quadrant seek for the best people to join his team. People under this quadrant have powerful life mission. Concerning income, a  true B quadrant person can take a vacation or leave work yet still earning from his business.

Lastly, the I quadrant stands for "investor". They could invest in a lot of things like stocks, bonds, real estate, and businesses. Their core value is financial freedom. They let money works for them instead of they working for the money.

It is important to understand this cashflow quadrant to learn which quadrant gives more financial success. By simply looking at them it is easy to determine that the B and I quadrants gives you the best chance to become wealthy. Unfortunately, many people never realize that or they get trapped in their own values that they never move from their quadrant.

For an average person to enjoy financial success, Kiyosaki recommends starting your own direct selling company. Though he is not personally involved in one but through his study, he realized that direct selling company teaches the same business skills, principles, and mind-set similar to his "rich dad" who was actually the father of his close friend and his financial mentor during his early years.

He described direct selling as a revolutionary way of accumulating wealth. It can be a means of achieving financial freedom.

What is financial freedom? Financial freedom is different from financial security. As Kiyosaki explained in his article, people who wants financial security cling on their job or rely on their paycheck. The more secure you are, the less freedom you have. People who seek financial freedom developed different mind-set, attitudes, and skill-set. And like Kiyosaki, they show the absence of fear of being fired or worry about their paycheck because these do not matter. What matters would be opportunities and creating business.

Let me summarize the benefits of joining a direct selling company
  • Provides opportunity for all regardless of your educational attainment, work experience, how you look like, etc.
  • It teaches people to take charge of their destiny.
  • Gives real-life business training that would not experience from business schools.
  • Teaches you to build network and duplicate your efforts by training you to teach other like-minded people.
  • Provides you the support system to help you grow and succeed in business.
  • Letting you earn passive income, which is money coming in without you working on it.

Direct selling, however, only works to some people. It doesn't work for every one. At the end of the day, the decision has to come from you and your core values.

Wednesday, May 1, 2013

Listening to the Little Voice and Saving Money

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Have you ever been financially broke in your life? If you have, you probably experience that feeling of
anxiety and helplessness. You self-esteem goes down. And what keeps you sane is your belief that things will get better soon while clinging to your faith.

Did it ever came across to your mind that such thing could have been prevented? The situations we are in right now are the results of our previous decisions and actions. If you believe on that, then what we are experiencing are mere consequences. Sometimes, it is not brought down by God to try your faith but instead you've done it to yourself. Again, let's go back to the reap-what-you-sow principle. If you've sow your field well, expect to reap greater rewards. The same thing goes to our finances and to our life.

I am lucky that I don't have a family of my own yet. It gives me more time and opportunities to improve the different aspects of my life. My finances is one area that I am working on.

While working in the corporate world and living in the big city, I noticed that my savings never improved. I was living from paycheck to paycheck. I spend on many things that, oftentimes, unnecessary. Looking back, I feel that I was one heck of a disheveled person who don't know where she is going. I was lost amidst the city's commotion and pressures of the adult life. The short-term happiness I get from material things temporarily filled the void I felt.

Tired of that system, I realize that I needed to change. When you know and recognize your desire, the universe seems to align itself to your want. And that's what happened to me. I got acquainted with people who have similar aspirations. I was encouraged to leave my comfort zone and pursue what I truly want. One thing leads to another, until I found myself working as an independent contractor. I have more time developing my skills and my creativity.

The little voice

I left the big city and started living alone in the province where I found solace. Far from the noise and the influences of the city, I feel more relaxed and vibrant. I am able to think clearly without all those distractions. True enough, there is a little voice inside us that wants to speak, yet it is drowned by all those noises and distractions. If we only listen to that little voice inside us, we learn to understand ourselves better. We learn more of our passion, desires, and purpose in life. And with that, we will be able to make better decisions.

We are also spiritual beings and our body is the temple of our soul. Our soul needs food—spiritual food. When we indulge our soul with their favorite food, we are doing ourselves a favor. Not only we are making our soul stronger but it equip us with wisdom, sound judgment, patience, joy and peace—these are spiritual gifts that material things could not provide. And it all makes that little voice becomes more audible, and it manifest itself on how we make our decisions and how we act.

Saving money

Is there really a connection with my little voice and saving money? The little voice is my soul speaking. By being in touch with myself, I feel less inclined to spend for things or go to places just to fill that certain void or sadness inside me. In short, the less I spend, the better I save.

Every time I receive my money, I calculate and plan how to use it. I immediately compute for the tithes and offering, and set aside my savings. I also allot budget for projects and bills. Basically, I have to live within my means with the amount left afterwards.

It takes discipline to have a control over the finances. It was hard at first but it became a habit to me. Believe it or not, this simple thing, even if I am not managing huge amount of money, its impact is tremendous. That sense of control and discipline makes me feel confident.

Neglecting to save money when you have the capability to do so is like neglecting to plan for the future. I don't think God wants us to be people who does not care about our future. Remember the parable of a builder who built his house on the sand? Did the bible says that people without vision will perish?

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