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Rich Dad’s Cashflow Quadrant Makes the Case for Network Marketing

February 16, 2019 by Toni Coleman-Brown Leave a Comment

Rich Dad’s Cashflow Quadrant is a guide to financial freedom.  It also makes the case for network marketing.  It is the second book from the Rich Dad Series written by Robert T. Kiyosaki.  The author shares how he started from being homeless to being financially free in a few short years. The book sells on Amazon for only $12.23.  It is also available on Kindle for only $9.68. If you are tired of being just an employee who trades hours for dollars, then this book is for you.

What is Rich Dad’s Cashflow Quadrant?

rich dads cashflow quadrant diagram

The Cashflow Quadrant is a diagram (shown above) that shows various career paths. The quadrant is divided into four areas; each represents a letter that corresponds to different vocations as explained below.

On the left side are E (employees) and S (self-employed) people.  While on the right side are B (big business owners) and I (investors like Warren Buffet). The left represents the active income earners while the right is passive income. The goal is to move from being a mere employee to being an entrepreneur so you can earn more money while working less.

The Cashflow Quadrant is easier to understand than most financial structure because it clearly presents the steps taken to get to the left side. It teaches you how to map your finances with https://tradingstrategyguides.com/profitable-renko-strategy/, control spending habits, and minimize debts and liabilities so you can effectively manage your money.

It doesn’t specify the amount of time needed to learn these techniques but sooner you’ll get used to it. I believe using the Cashflow Quadrant is the simplest way to plot your own unique technique to become richer in less time.

Rich Dad’s Cashflow Quadrant is also a way to go if you need a guide on how to boost your passive income while earning as an employee.

Is Rich Dad’s Cashflow Quadrant effective in making you rich?

Rich Dad’s Cashflow Quadrant clearly breaks down the difference between the left side and the right side. Yet how effective it is depends on how you use it for your own good. Still there is no hard-and-fast rule on how you can control your situation.

One thing is for sure – this book gets your mind on track! It explains how to transition from working for money to having your money work for you, thats why you need to learn how to work with a good Social Media Management to achieve this. The steps are very easy to follow plus the bunch of quotes, personal experience, and life lessons will give you the courage to try.

If you ever need financial inspiration, this book could definitely open up your mind. Yes, you can get sacked unexpectedly but there’s nothing to lose if you give it a try.

What are the cons of Rich Dad’s Cashflow Quadrant?

Do not expect that Rich Dad’s Cashflow Quadrant will give you a “how-to” guide on acquiring wealth. Maybe you’re expecting that you can get some life hacks from this book but it doesn’t give that kind of information.

Rich Dad’s Cashflow Quadrant is more than just a mere tutorial. It is a mind setter! First, it helps change the way you think about jobs, careers, and owning a business. Then it presents the rules that you can follow to manage your money.

The goal is to help you earn more, save more, and become your own boss. So, the biggest con probably is not using it wisely.

How does Rich Dad’s Cashflow Quadrant impact your life?

Rich Dad’s Cashflow Quadrant could definitely impact your life in a positive way. I love how it starts with the truth that sooner or later, your job won’t be enough to support your growing family. So you better start making bigger goals until you build a business of your own.

The idea of this book is to open your mind to a variety of opportunities on how to get more money and not depending on your current job. In the end, you will learn how to work less, earn more, pay less in taxes, and become financially free.

I think the reason for making the Cashflow Quadrant is to make it applicable to everyone. Unlike the simple life hacks you see on the internet, this structure is something you can sustainably use for the future.

Ten years from now Rich Dad’s Cashflow Quadrant will still make sense because you can tweak it according to your particular situation. It’s actually an ultimate guide on how to transform from being an employee to being a boss of your own company.

The book itself is a good investment, especially if you need to convert from the mindset of an employee to an entrepreneur.  This is exactly what you will need to do to succeed in network marketing.

How the Book Helps the Average Network Marketer and Makes the Case for Network Marketing…

First, understanding that a job will leave you at the end of the day, Just Over Broke (J.O.B.).  I don’t know anyone who wants to spend the rest of their lives trading their time for money.  The whole objective in live is to be able to have your money work for you so you can get your time back and live a life of freedom.

Network marketing can helps people to move from Quadrant 1 to Quadrant 2 (Employee to Self-Employed). It gives individuals their first taste of self-employment and the Cashflow Quadrant book gives folks the right mindset.  Once you have the right mindset for networking marketing and begin to grow, you can easily move from Quadrant 2 to 3 (Business Owner).  After you acquire the discipline that it takes to be a successful business owner, you can easily move to investor.

I would encourage every network marketer to read Rich Dad’s Cashflow Quadrant and find out how to development the mindset of an entrepreneur.  This is the only way to succeed.

Also pick up these other resources to help you grow. Click here.

Filed Under: Earn Residual Income, Network Marketing Tagged With: rich dad's cashflow quadrant

Paparazzi Jewelry | What You Need to Know

February 13, 2019 by Toni Coleman-Brown Leave a Comment

Paparazzi Jewelry Company launched in 2010 in the state of Utah. It was founded by two sisters, Misty and Chani and their husbands.   The two sisters were living their passion selling products that they made by hand and loved.  They scaled their business by finding a manufacturer that would work with them in China.  Each piece of Paparrazi Jewelry costs only $5!  Even the necklace and earring sets, which is pretty cool.

What is Paparazzi Jewelry Made Of?

Paparazzi uses a blend of metals primarily iron.  Because it is a blend of metals there could be other things included in the jewelry.  Also, since the product is made in China you have to be careful if you’re allergic.  The company boasts that the jewelry is nickel and lead free, however because it’s a blend, you can’t really be sure and they do not state that the jewelry is hypoallergenic.  There are lots of cases against the company on the Better Business Bureau website and they rate the company as an “F”.  But don’t allow that scare you away from becoming a part of  what appears to be an awesome company. The fact that it is almost 10 years old says a lot.  Let’s face it, anytime you have something good going on you will definitely attract hate.

Is Paparazzi Jewelry Good Quality?

From my own personal experience, most of the pieces are fine.  I have had a lot of Paparazzi Jewelry and only one piece broke.  My girlfriend was supposed to use her kit to fix it but she never did.  I would get a lot of compliments every time I wore that necklace, so I have to remind my girlfriend to fix it and give it back.  Some people have been able to keep their pieces for years.  Folks have to remember that it is costume jewelry.  Reps just have to do a better job of managing customers expectations.

How Do You Make Money Selling Paparazzi?

With this company you have to buy your inventory up front and sell them to make money.  Each piece is about $2.75. You earn 45% on each item you sell.  The company encourages you to sell by hosting home parties and most women sell at vendor events. Because the cost is so low, people often buy a minimum of 4 pieces.  Most parties average anywhere from $100 to $500 in sales.  Which can earn you anywhere from $50 to $250.00.  If you host two parties a week you can earn an extra $500 per week.  Not bad!

How Is the Hostess Rewards Program for Paparazzi?

The hostess rewards program is pretty solid.  A hostess will earn FREE Jewelry for hosting a party.  The host can earn 1 FREE item just for hosting, 1 FREE item for every party booked (this is only given when the party is held). They also get 1 FREE item for every 10 items sold.  You can always throw your own incentives in there to sweeten the pot.  At the end of the key to having a good party is Hostess Coaching.

How Do You Become a Paparazzi Consultant?

Becoming a Rep is super easy, all you have to do is pick a rep and choose a starter kit. It really is as easy as they say.  When you go to the website, it simply asks you to choose who will be your sponsor, choose a kit and check out.  It’s as easy as 1, 2, 3.  I wish everything in life could be as easy as that.

Getting Started with paparazzi jewelry

What Are the Prices of the Paparazzi Kits?

As of the date of this article, there are 3 kit options available and they are:

paparazzi starter kit options

Advice Regarding How to Succeed as a Paparazzi Rep

If you want the loot, you must recruit. I would advise you to build a large team and teach your team how to sell. .  The company offers you 8 ways to earn revenue.  One of them is via the Business Builder Bonus, which is 15% of the Starter Kit Costs.  If you recruit 5 people per week with a $499 kit, then you will earn $75 x 5 = $375 a week.  And if you do this 4 times that can bring in an extra $1500/month.  Recruiting people for your business would be a lot easier than hosting home parties.

You can also take advantage of the other 7 ways you can earn income which are:

  1. Profit from retail sales
  2. Large event purchase rebates.  (This means when you place a big order of $1,000 or more for a show or expo, you can get a 10% rebate in commission)
  3. You get paid on the team by the levels.  This is called a unilevel bonus and it’s different for each level.
  4. Generational Bonuses (As you promote up you get paid deeper on your organization)
  5. Legacy Bonuses (Also, as you promote you get paid deeper)
  6. Infinity Bonuses (These are rank bonuses that allow you to make higher percentages on your organizational volume)
  7. Rank Cash Bonuses (As You Rank up and sustain your rank over a 3 month period, you can receive cash bonuses)

Why You Need to Build a Paparazzi Team?

As you can see from the info above, there are only 2 ways that you can earn income without building a team. This is true for most network marketing companies.  Therefore, you need to build a Paparazzi Team.  Recruiting is probably the hardest part about network marketing.  Most people hate it.  They would rather sell the product rather than ask someone if they would be interested in earn extra income.  Most network marketers simply need a one degree shift.  They need to focus on recruiting versus selling.  This is how you will maximize your efforts as a professional network marketer. It’s like we always say, “If you want the loot, you must recruit.”

Check out the article on “How to Build Your Network Marketing Downline.”

Overall, Paparazzi Jewelry Company is A Good

My overall point of view on Paparazzi is that it is a pretty good network marketing company.  It seems to focus on the average everyday woman who is looking to make living or is seeking to look good with some costume jewelry at a decent price.

If you’re looking to take your Paparazzi business to the next level, consider utilizing some of our resources to help you grow by clicking here.

Filed Under: Network Marketing Tagged With: paparazzi jewelry, what is paparazzi jewelry made of

Ray Higdon 3 Minute Expert

January 27, 2019 by Toni Coleman-Brown Leave a Comment

The Ray Higdon 3 Minute Expert training program helps anyone to become an authority in their chosen field.  The premise of this course is that if you blog and cut 3 minute Youtube videos every single day that you can become an expert world-wide.

This is true and believable because this is exactly what Ray Higdon did to become successful in the network marketing industry.  And truth be told, the average individual will not take out 3 minutes a day to cut a video, upload it to Youtube and push it out to the world via social media and email.  Most people are too shy to do this, but sometimes you have to “Do It Scared” as Ruth Soukup would say.

Incorporating Youtube in Your Marketing

The main way you can become a 3 minute expert is by recording videos.  Ray would record a video everyday and post those videos on Youtube.  Then he would send an email everyday and send his videos out via email.  All of this increased his visibility immediately.  You can do this too by creating 30 day challenge and pushing yourself to pull out your cell phone and record.  The way to make this easy is by keeping it simple and creating a schedule for yourself.  Write out all the topics and then create a bullet point outline of what you want to say then press record and make it happen.

If you’re a blogger, you can go through all of your old blog posts and give them new life by recording a video about them.  You can simply read your blog posts over video over give some highlights of the article and tease folks to your website.  This is a good way to re-purpose and reuse your content.

Video is an important component to your marketing strategy because video lasts forever and can act as a re-run commercial for you.  Plus there are tools like TubeBuddy that you can use to get your videos to rank on the first page of Youtube on Day One.

More About the Ray Higdon 3 Minute Expert Course

The course is a lot about blogging.  But Ray takes his blogging to new heights by amplifying his messages with video.  In today’s marketplace no one can just use one channel and one method to get the word out there about their businesses.  You need multiple channels.  But it does start with having a blog.  Every network marketer needs to have their own blog.  This is the only way you can distinguish yourself from others in the marketplace.  You must brand yourself and a blog is a great way to do that.  Plus if your network marketing company shuts down then you will have a platform to re-launch any business when you have your own digital assets such as your own websites, leads, social media channels, etc.

Once you have your blog set up, you must write on a consistent basis.  Ray would blog about 5 times a week.  And he would push his messages out to the world by promoting his posts on social media, via email and definitely on Youtube.   If you could take some time to do this then over a period of time you can have the same level of name recognition as Ray.

I had the opportunity to meet Ray Higdon at an MLSP event and he is the real deal.  He is just as genuine in person as he is on his videos.  I would opt into anything that he has going on because he reminds me a lot of myself.

Toni Coleman Brown & Ray Higdon

You can purchase Ray’s video training program by visiting his website.  There are not many people in the industry that I would promote, but Ray is one of those people.

Filed Under: Network Marketing Tagged With: ray higdon, ray higdon 3 minute expert

Jim Rohn Building Your Network Marketing Business

December 29, 2018 by Toni Coleman-Brown Leave a Comment

If you listen to the audio Jim Rohn Building Your Network Marketing Business  you will not only become better at recruiting, but you will also be able to sit with your hired business plan company experts and make a better plan for your business based on its current growth rate. This is because you will understand the industry in a new light.  One of the things that will become clear is that storytelling is key to recruiting in network marketing.  Jim Rohn was an excellent story teller.  He knew the exact words to use to pique someone’s interest in his opportunity.

The Law of Averages from Jim Rohn Building Your Network Marketing Business

Jim spoke about The Law of Averages in his audio.  He said that if you do something often enough a ratio will appear.  For example, if you speak to 10 people a day in the beginning you might be 1 for 10.  Then over time you may be able to recruit 1 out of 10.  Eventually, you will grow to be able to close 10 out of 10.  But it all happens over time and with consistency. You will have to fix an office and prepare it with the basics such as a document destruction system and paper. Need professional help?

Quotes from Jim Rohn Building Your Network Marketing Business

Some of my favorite quotes from the audio program are:

“Profits are better than wages”  

“Wages make you a living, but profits make you a fortune”

“I’m working full-time on my job but part-time on my fortune”

“It’s not what happens that determines your life future it’s what you do with what happens that makes the difference”

“It’s not the blowing of the wind that determines your future, it’s the set of the sail”

These quotes are amazing because they all demonstrate how being an entrepreneur allows you to earn profits, which are unlimited and wages are limited.  Additionally, the point that Jim Rohn was making is that it is best to control your future because when you do, the possibilities are endless, an important thing he recommends is how marketing works with the professionals of Roofing lead generation strategies to improve your business.

Your business likely maintains quite a bit of information on your customers, clients or patients, including personally identifiable information (PII). Depending on your industry, your business may be required to meet certain regulatory standards – such as HIPAA, NIST, CMMC, PCI, and ISO standards – on maintaining the security of those records. A data breach can mean big costs in money, productivity and reputation and often results in the loss of customers or even your business.

Ask yourself these questions to assess how important your company views IT security:

Are You Conducting Annual IT Security Risk Assessments?

At a minimum, your business should be conducting annual firm-wide IT security assessments to identify vulnerabilities, new threats, outdated software and other security lapses that need resolution. Security assessments provide you with a granular look at your IT solutions, practices and procedures, giving you the information you need to improve your technology, train your employees and install updated policies and procedures based on best practices.

A managed services partner like Applied Tech can help your business by performing a full security risk assessment, providing you with solutions to the risks found and benchmarking your company against those in the same industry. Applied Tech then helps you build an action plan to enhance your data security. Protect your business data with regular maintenance done by Montclair New Jersey IT services.

Are You Subject to HIPAA, NIST/CMMC, PCI or Other Regulatory Requirements?

If your business is in a regulated field, such as health care, you must continually advance your compliance with those regulations. You may never be fully compliant, but you must show a continual effort to meet and/or exceed regulatory requirements. Applied Tech has experienced and highly-trained staff focused on ensuring your business meets the requirements of its industry.

What Solutions Does Your Business Have in Place Today?

You absolutely must have a layered approach to security. Firewalls and anti-virus protection are no longer enough. Beyond risk assessments, what else should your business be doing to protect its confidential information?

Jim Rohn Served the Best Advice About Life

By his own confession, Mr. Rohn said that what he did to change his life was change his philosophy.  He said that he corrected his errors from the past and picked up some new habits and disciplines for the future, for example the use of a SEO strategy by finding a trustworthy affiliate marketing agency does not have to be hard, read more at Factschronicle. In fact, if you want to learn more about SEO or marketing in general, you must find out how to start a Freelance SEO career.

He said that someone once asked him how the next 10 years will be and he said that it will be just like the last 10 years.  He said that the next 10 years will be opportunity mixed with difficulty.   After expansion comes recession.  And after recession comes expansion.  Nothing really changes about life until you do.  His words of advice were not to wish for less problems, but to wish for more skills to solve the problems of the future.  Wish for more wisdom.  And keep sowing seeds, because eventually your seeds will fall on fertile ground that will be fruitful and multiply.

Jim’s Advice About Recruiting

Jim Rohn’s advice about recruiting is just like mine.  We always would say that the fortune is in the follow-up and apparently Mr. Rohn felt the same way.  I always would say that we as people need to be a beacon of light.  Mr. Rohn says we need to be bridge to take people from not knowing to knowing or from darkness to light.  His best advice was to always study.  If you’re in network marketing, you must become a student of the industry then you must practice your craft and then teach others how to do the same.

I would encourage you to listen to his audio program.

If you have listened to the audio before, let us know what you think. Drop a comment below to let us know your thoughts.

jim rohn building your network marketing business

Filed Under: Earn Residual Income, Online Prospecting, Recruiting in Network Marketing Tagged With: jim rohn, jim rohn building your network marketing business

Mary Kay Perfume for Women and Men

December 27, 2018 by Toni Coleman-Brown Leave a Comment

Mary Kay perfume comes in a variety of scents for both women and men.

Mary Kay Perfume for Women

One of Mary Kay’s top fragrances, Belara, is a blend of florals.  It retails at only $38 for a bottle that is 1.7 fluid ounces.

The fragrance “Thinking of You” is a fruity and floral scent.  It is beautifully packaged in a bottle with a charm that you can use as a keepsake. Take a look at other luxury perfumes.

The fragrance, “Live Fearlessly“is an interesting combination of ginger, rose and roasted tonka bean.

Mary Kay Perfume for Men

Mary offers several options for men including Cityscape which is a more masculine scent and is filled with sophistication it comes in 2.0 ounces and retails for $50.

They also offer High Intensity Sports Cologne which retails for $40.00 and has a more adventurous.

The other colognes for men are Domain and Intensity Ocean.

Mary Kay is one of the oldest direct sales companies in the United States.  Mary Kay Ash created the organization to empower women.  She was tired of men telling her what she could or could not do.  Her company paved a way for women to feel confident and strong and also build a nice income for themselves.

Mary Kay reps purchase inventory in order to create their own store.  This way they can fulfill all of their orders quickly.  Reps spend up to $3,000 on inventory, which can be financed.

It is a great organization and reps can earn up to 50% on every sale.

 

Filed Under: Network Marketing Tagged With: mary kay, mary kay parfume

The Eric Worre Go Pro Book | 3 Lessons Learned

November 17, 2018 by Toni Coleman-Brown Leave a Comment

If you’re a network marketer who is looking to truly grow your business, then you need to get the Eric Worre Go Pro book.  His book is the perfect companion to Quantum Leap: How to Make a Quantum Leap in Your Network Marketing Business. 

What is the Eric Worre Go Pro Book About?

Eric’s book is all about the time he made the decision to become a network marketing professional.  It is when he learned that he was going to run his business like a business versus like an employee who is working for someone else.  When he made this realization he discovered that in order to truly become successful at network marketing that you had to become a network marketing expert.

The Go Pro book discusses the 7 skills that a networker must learn in order to become a professional.  Those  skills are:

  1. Prospecting skills
  2. Inviting skills
  3. Presentation skills
  4. Follow up skills
  5. Helping Others Grow/Leadership skills
  6. Getting started skills
  7. Promotional skills

In the beginning of the book Eric discusses how he got into network marketing and the things that he did.  He points out how he did not treat his business like a business.  This the biggest problem with most network marketers when they’re just starting out.  The biggest take-a-ways from the book came from the introduction.  Eric didn’t want to join the business when he was invited. However, because his dad and his friend decided to join he did too because he didn’t want to get left behind.  What motivated Eric was “Fear of Loss“.  He didn’t even have the money to get started, but a loan from his dad helped and that one decision changed his life.

3 Major Lessons Learned from the Eric Worre Go Pro Book were right in the Introduction

With that being said the first lesson I learned from the book was the #1 Way to recruit heavy hitters like Eric Worre is to get them to come to events with people that they respect and if you can get the people they respect convinced to join, then your job is done.

The second lesson I learned from the book was not to blame others because the key to success lies within you. When Eric’s team crashed and he had to rebuild his downline his first instinct was to blame others.  But once he started working and rebuilding he realized that the answer is always to take responsibility.

The third lesson I learned was that pivotal life changing moments happen at network marketing company events.  While he does discuss the importance of promoting events as one of the skills to become a professional. His story drives this concept home.  Eric had a life-changing epiphany while watching other superstars walk across the stage.

The book has a ton of great information, but in my opinion the best information came from his very own story.  It is said that success leaves clues.  The biggest clues in the book came from the stories, so make sure to pay close attention to that.

The industry of network marketing has a lot of perks, but being an easy field is not one of them.  Anyone seeking to enter the industry must know that it is going to be the hardest thing that you have ever done in your life.  It will also be the riskiest thing that you’ve ever done.  However, in life there are no guarantees and I firmly believe that the industry represents a risk that is totally worth taking.

Who Is Eric Worre?

Eric Worre has been in the industry since 1988.  After having success in the real estate industry he got started in the network marketing industry.  Eric has had his shares of ups and downs.  Therefore, he knows a lot about what it takes to be successful and has hand success in several network marketing companies.  He is more than qualified to give advice on the industry.  Now he hosts a lot of events and has built a multi-million dollar platform as a speaker and trainer.  This is the perfect transition for people (like me) who have reached the top of multiple compensation plans and want to do something different and still serve the industry.

Have you read Eric’s book?  What was your biggest take-a-way?  Have you read my book Quantum Leap: How to Make a Quantum Leap in Your Network Marketing Business?  Get your copy by clicking here.

Filed Under: Network Marketing Books Tagged With: eric worre go pro book, go pro book

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