The Law Of Wealth Creation
- 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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