The Law Of Wealth Creation

FinanceWealth-Building

  • Author John Odriscoll
  • Published February 11, 2007
  • Word count 527

The principles governing Wealth Creation can be summed up by

the following equation:

Time + Energy and/or Money (invested into a system) = Money

Creation

If we say that Time + Energy = Money the following also holds

true;

Money (invested into a system) = Money

According to the dictionary…

System n. a group of interacting parts forming a complex whole

So a system could be a job, stocks or shares, a business etc.

Now I am sure you may be sitting there and thinking hang on a

minute I have followed this principal and it didn't bring me

more money.

This is because not all systems are efficient at producing

money. If you have invested in a stock or share that lost value

this is a prime example of an inefficient system. You need to

pick your systems carefully. Once you have found an efficient

system then you need to find the most effective way to generate

wealth through it.

Now when you apply this principle to building your Network

Marketing business fast you can see you either need to invest

money and/or time and energy into the system. Let's start with

money.

The first thing to do is to find what online or offline

advertising works best for your business. A quick tip here is to

find out what the leaders in your industry are doing. Then find

a way to mirror their efforts (you may have to start on a

slightly smaller scale to begin with). What you will find is

Leaders will have developed the most effective methods of

advertising that generate highly targeted leads quickly. This

means they only need a small amount of their time and energy to

convert those leads into new members.

If you don't have the money then you will need to invest your

time and energy. This can be done online but the fastest way is

to use word of mouth. I was fortunate to be able to meet someone

this weekend that has broken every record in this industry in

terms of building a business using word of mouth.

If you're the type of person who 'doesn't want to share their

business with friends' then you need to ask have you really got

the right system. I can relate to this as it was something I

never felt comfortable with. It was only when I finally shared

my success with one of my friends that I realised I had got it

wrong. When he told me 'John, don't ever make decisions for me

again' I vowed from that point on to always share.

What it also brought home to me is this is a very simple

business to do and you have 2 choices - to build fast or slow.

Fast is everyone's preferred option but again this will be

dependent on your resources and commitment.

However you decide to build I can only emphasise its better to

go quick. It can get very demoralising not signing someone for

long periods; I know what I am like when it's been a couple of

days! If you want to know anything more on what I have covered

just let me know.

John O'Driscoll, Master Of The Shortcut.

I took action on this business and my life has never been

the same. I dare you to action to see if you can a year from now

say the same! (With our help of course)==> http://mlm-successsite.com

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