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Leaders Training Room Listed below are different topics on the 4 major beliefs you must have to be the leader you need to be for this business to work for you. People will only follow a leader so if you want to build people into leaders, you must first be one yourself. This is just a starting point and we will add others as time goes on. But a true leader is never done with his personal study for he knows there is always something left to discover to make tomorrow better than today.
Click on any of the links to take you to that topic.
There
are 4 Major Beliefs
Needed in this Business 1- Belief in the Company
How
To Answer The Big Question: "Isn't that a pyramid?" 3- Belief in You 4-Belief in the Process Why the
name - RWB?
Contract
- For personal coaching the Shaklee Field
I was asked why I named this process the Red White Blue plan or RWB for short. I thought I would send this to all of you so that you will know why as well. First, because I believe it is something any American living in the U.S. can do, no matter where they live or how busy they are. As long as they are willing to learn and follow this plan, they will enjoy the results from their efforts. I also know that earning money is something every person needs and wants because they will use it up every month and will always need more of it. Do you know of anyone who can live without it? The second reason is because of the different levels involved when building a Network Marketing business such as this. The first 3 levels, RWB, is the most important. After you build these you will have an above average income and so will all of your people. The first level for you to build is the RED, your 6 first levels. This can be the hardest part because it is up to you to make the decision to get started in the first place. That is why it is so important that you know up front what your core desire is so that you get it off the ground. Only you can get your business off the ground and only you know the reason for doing so. You have to want it bad enough to do whatever it takes. It is like the fuel tanks on a rocket, 95% of the fuel is used up in the first two miles to get it off the ground then it gets easier the higher it climbs. This is also the reason for the red color. You may get red when someone tells you they are going to do it and then they never get back to you. Keep in mind that your sponsor and other uplines are there for you and will do whatever it takes to help and support you. But the finial decision to get started and stay in the game is entirely up to you. Remember, your uplines are building their 6 as well so this is a team effort. You are in business for yourself, but not by yourself. The next level for you to build is the WHITE, helping your 6 find their 6. Now it gets easier because you have gone through the on-job training with your upline when searching for your 6. The red is now gone, per say, because you now have a good understanding of how this works. Those who once said they were going to do it and did not get back to you, are now knocking at you door. You learned a lot and can now help your 6 effectively because you have been in their place before. You also have your upline team members to back you for even more support if needed. The next level is the BLUE, the fun level. When you have this kind of organization built life becomes what most people would consider a dream. Earning an income of this amount puts you in the top 3% of income earners! Blue is a color of relaxation and calm. Whatever your core desire was, you are now enjoying it. Also, one of the benefits you have come to enjoy from building your business is all the new friendships you now have developed within your group. This is something no money can buy! Hope this helps to explain the name, Red White Blue, (RWB). Interesting Fact:
There
are about 5 million people involved in Network
Marketing in this country today. There are about 285 million
who are not. This means there are literally thousands, perhaps
tens of thousands, of great future leaders for our industry roaming
around this country who nobody has ever approached. However, someday, somebody
will approach them about the many benefits of having a Network
Marketing business and it could be worth a million dollar income to
that person! In fact, there will be thousands of them! Based on surveys performed by MarketWave in 1989-91, 85% of all Americans who do not own their own business do have the desire to be entrepreneurs. When polled as to the reason why they do not pursue this desire, the four most common reasons were: 1. Takes too much money, Understand, this means that over 200 million people in this country want to be self employed who are not-- and for reasons that do not apply to network marketing! Nonetheless, these are powerful objections and ones that must be overcome before a prospect would even consider our opportunity. Once the prospect has accepted at least the possibility that there might be a type of business which overcomes all of their concerns, they will find it to be, Network Marketing. At this point, you will very likely have to address the stigma that surrounds this industry and/or at the very least, educate the prospect on what Network Marketing is in general. So to share this business with new prospects, the first step is to open their mind to starting their own business, the second step is to remove all the garbage about Network Marketing, and the third step is to then pour new information in - by finally presenting Shaklee. I developed a process I call Red White Blue because it addresses these 4 concerns people have about getting started. 1. - Takes too much money - I show them they can get
started with less then $20 Keep in mind that there are thousands and thousands of prospects out there just looking for the right opportunity to come along. Will you be the one to offer them the gift? Get out there and spread the news! Recruit one, two or three
and have fun doing it!!! Start today! Bob 10
Phone Calls a Day Keeps the Job Away!
You never know where your next business builder will come from so -- ask everyone. I had a few referrals given to me from a woman I never knew before and still have not met her in person. The reason she gave me referrals is because I walked her through the RWB process and she liked the concept a lot. But she did not want to get started in anything new until she had her house remodeling done. However, she is a member now and loves the products. I put her on the back burner for later but then the other day she emailed me 2 people for me to call. The first one was more interested in the health benefits of the products because of what the other woman shared with her about them. But because I did the RWB with her as well, she is now interested in the earnings as well and moving more toward that commitment. At this point she is field testing the products and has called me with more questions about the earnings. She was a 5-6 when I did the RWB with her and said she knew for sure she wanted to become a member for the products but was not sure she could do the business. She told me she wanted to think about it after trying the products. The other day she told me that she ordered more products on line and is learning how to do email. Then she said, "I have some people lined up and soon I will decide where I want to take this." I told her I would support her in any way she wanted to go and she liked the fact that I was not pushing her. The second one that I called told me that she heard that we had some cleaning products that may help with her allergies. I said we have that and a whole lot more and then I asked her the $ question. She said a big YES!!! Then she went on to tell me about her family and how many are into their own businesses. She wanted to start her own and has tried other Network Marketing companies but found it very hard to balance her time between working, children and then going out 2-3 nights to build her business. So she decided to just give up the idea of NWM until I showed her the RWB. She is so excited about this new concept and said right away "I Can Do This!" She is now on her way! Keep searching and never give up. Ask everyone for you never know where the next builder will come from. The "Why" For Doing This Business.
WHY For millions of Americans, network marketing represents the best vehicle for the average person to build a powerful business in a relatively short time. Two to five years of consistent action and following your plan can create explosive results. Ironically, out of the estimated 200,000 Americans joining a network marketing company every month, more than 85% of them quit within the first 90 days. Why is that? Is network marketing at fault or is our focus aimed in the wrong direction? How do we maintain motivation when the first few weeks or months don’t live up to our expectations? Our focus must be on a few simple questions. Why am I doing this business? Why did I get started in the first place? What did I see then that I might be overlooking now? Everyone in this business has or had a powerful motivating force that compelled them to get started, that compelled them to visualize the power of their opportunity. These reasons or "whys" are what we must focus on daily in order to achieve the success we seek. The following steps can help new as well as seasoned network marketers put more power in their business punch. WRITE IT DOWN DAILY REVIEW SHARING YOUR
REASONS For instance, if I tell you I’m involved in this business to secure my family’s financial future, if that is important to you, a connection will be made. You will be open to hearing how you could do the same. This not only develops instant rapport but it is also a dynamic recruiting tool. Unfortunately, many people who start in this fascinating business don’t realize that, like any other business, network marketing has its ups and downs. Problems are a way of life for every businessperson. However, if you maintain your focus on your personal reasons, you then stimulate yourself to action and strengthen your convictions. Action and conviction are the founding elements to network marketing success. Discretionary Spending Vs. Personal Development The Test – Discretionary Spending Vs. Personal Development So how much money per month should you be investing in your own personal growth and development program? To find out, take this simple four-question test: 1) What am I paying for cable/satellite TV per month? $__________ 2) What am I paying for my cell phone per month? $__________ 3) What am I paying for my entertainment per month? $__________ My monthly total for TV + cell phone + entertainment: $__________4) What am I investing in books, CDs, and classes? $__________ Personal Development (circle one) Credit? or Deficit? $__________Reality check: If you are spending more money to watch TV, talk on your cell phone, or grab yet another latté (or beverage of choice) than you are on your own personal growth and development— and your life is NOT working out the way you intended—investing a bit (or a lot) more money (and time) in this area would be more than a great idea....1) Keep The Main Thing The Main Thing! 2) Work on becoming the person you want to attract! Go to work on the fundamentals :* Prospecting * Presentation * Duplication * Leadership Go to work on your life skills: * Career * Recreation * Family * Spiritual * Financial * Social/Cultural * Health Are You On The Right Track to Build Your Shaklee Business? Are you on the right track to build your Shaklee business? I have talked to so many Shaklee people over the last 6 months and have learned a lot from them. Fixing the one problem I found could play a major part in growing your business as well as Shaklee as a whole company. When I read this message below it really came home to me so I thought I would send it out to all of you just in case it may refer to your business situation today. There is help so don't ever give up! Here is what I read: Dan Barrow could not get his gas furnace to light. Determined to get it to work he tried everything. He blew out and stripped the lines; he scraped and cleaned the inside; he disassembled and reassembled parts; he screamed and cursed at it. Nothing. In a fit of frustration and despair, Dan called in a heating mechanic. The mechanic took one quick look inside the heater and tapped the outside with a small hammer. Presto! The furnace lit up! Delighted, Dan asked what he owed and the mechanic replied, "That'll be $300 please." Astonished at the price, Dan demanded an itemized bill. Here is what the mechanic wrote down: One knock with one hammer: One dollar. Knowing WHERE to knock: Two hundred and ninety nine dollars. So, what's the lesson here? Do you know where to be knocking in your network marketing business to make it work? Are you in a situation where you are basically having to figure it out all by yourself? Are you having trouble managing your time? Do you lack structure or a step by step process? Are you sick and tired of going no where? If so, let me know for I have just what the doctor ordered. The "Red White Blue" process. How To Answer The Big Question: "Isn't that a pyramid?"
Ask them first of all, do you own your own business? Most will answer NO! Then briefly explain that the typical business, whether a Corporation or a small town company, will generally have the following structure ...
Then
proceed to explain to them that it would
be hard to believe that a Vice-President will train his Sr.
Management to the point where his job or position is threatened. This means that
you are only going to get trained just enough from the people above
you so that they do not lose their positions. Same goes for the rest of
the pyramid with Sr. Management and employees. Pretty interesting when it
is put in this light, don't you think? Amazing. It looks like a pyramid to
me! See the following MLM structure:
Look what happens. We all know that
it's very rare for the
President of a company to come
down and train an employee to advance up the management levels. With your
"Pyramid" you become the President/Owner of your own MLM company
which then takes on the above structure. And unlike the typical Corporate
or Business pyramid, it benefits you to go down several levels in your
organization to train and coach them to advance because when they advance
you advance. Until next time, Bob Hello, As I mentioned on the RWB weekly call, below are a few good resources for learning about building a Network Marketing business. These would be good only for the person who is looking to build an organization, not for someone who is looking to sell some products for extra income. In other words, they would be great for the person who wants to build a lifestyle. As with any book on the subject, you will learn many ways to build an organization so don't let that confuse you. Take from these books the basic fundamentals that must be followed to reach success in this industry. You will learn these throughout these books. 1.) I told some of you about Jack Zufelt and how he opened my eyes to what changes needed to made in order to build a large Network Marketing business. I bought his complete package but if you are limited in money, order his tape program, "Learn to Earn". 2.) A book that I and others have found very helpful and that you can find on the internet at http://www.amazon.com is by Dr. Joe Rubino and the title is called, " Secrets of Building a Million-Dollar Network Marketing Organization from a guy who's been there done that and shows you how you can do it, too. It is a long title but a short book which gets right down to business. When you read his plan on page 108 you would think he was teaching the RWB process. 3.) Another book is called "MLM Magic" by Venus Andrecht. What I liked about her book is that she tells it like it is, both the good and the bad. I really enjoyed her book because she is very believable and proves that if you are willing to work hard for at least a year, doing the right things, you can be earning a 6-figure income as well. The point she makes a couple of times in her book is to never quit. 4.) Then there is "Street Smart Networking" by Robert Butwin. Read the foreword on page ix in the front of the book and see what he writes at the bottom of the page. Again, we are right on track with the RWB process. 5.) Last is a book written by Mark & Rene Yarnell called, "Your First Year in Network Marketing." This book teaches you some things to speed up your learning curve about the network Marketing industry and again, some of the basics that everyone must learn. I could list many more as I am sure many of you could as well. I have built a collection over the years and if I listed all of them we would have a library of books listed here which isn't needed. I read them for knowledge as well as inspiration and just for fun. So why not just start with these for I am sure you will enjoy them. Keep in mind that most of these books have been written a few years back and this industry continues to change. But, keep in mind, they are to build belief for you, not to encourage you to go out and re-invent the wheel. Once you are making the money you want to be making, than you can play all you want! Till next time, Change Happens, We Need To Except It! Change Happens-We All Need to Accept It! Thanks to Bruce Meyers for sending me the below message about how things have changed in the world over the years. It caused me to think about how this industry of Network Marketing has changed over the years and how many people, at the time of these changes, did not believe it would work any other way. In some cases, they were even against any change at all. There are many people who do not like change because it means stepping out of their comfort zone. This is true for many new business builders in Shaklee when first starting out to build their businesses, but it can also be true for some of the old timers who have been in this business for more than 25 years. However, and this is important, if you are not willing to change, you will never get started or re-started to have the success you want. If you are in this business for 25 years or so and are not growing, but you want to, then change is needed here as well. If you do not see why this is needed or you are simply closed to the idea, you will be eaten alive by your competition who will and are making these changes. I have already seen it happen and it is continuing to happen in this industry as I write this message. However, Roger is doing something about it and we are very lucky to have him leading the way. Watch what is about to be introduced by the company in 2005! There are certain basics in Network Marketing that will never change because without them there would be no Network Marketing program in the first place. These are common among all companies in the Network Marketing industry. They are: 1.) Contact and invite people to learn about what you have to offer them. 2.) Make an appointment to talk to them about it. 3.) Have a process that includes a presentation that is simple to understand and easy to copy by others. 4.) Follow up by using your process with those who have an interest in the business or products. 5.) Build belief by using the products/attending meetings to learn the process in person or by conference calls. 6.) Make a decision to get started and continue to follow a simple process that your upline lays out for you. You need to learn how to do these skills and the best way to do that is to just do it. Don't depend on tools such as web sites or other people to do these for you. Learn the process and then use it over and over again and teach it to your people. This is how you earn the big money in this business. If you depend on others to do this for you, they will be paid the big money and you will help them to earn it by doing your small part. But if you want to be the one earning the larger incomes, you need to become the leader by doing and teaching these things yourself. These are the general basics to network marketing that will never change. But, how they are delivered will change with time. We must learn to accept these changes and then learn how to best use them for growth! It is a different world out there and soon we will be going even more worldwide! Years ago when I first started to use email I was excited about how this form of communication could be used in our network marketing business to both inform and educate our group. At the time, most people were not using it so they said that it will not work because you need to do this in person, you know, eyeball to eyeball. However, I continued to learn how to best use it and as time went by, many others caught on as well. Today, it would be very hard to be successful in business without being online and most businesses are, successful ones that is! When Shaklee first offered to supply products to all of my members directly instead of me having to run a store out of my basement, I felt it would free us up to talk to even more new people because we would not need to spend so much time doing all the busy work. I also saw that it would be more copyable for busy people to do this business on a part time basis. However, many in the field at the time thought that this would not work because you need to deal with everyone face to face like it has always been done in the past. They told me that you can't sell out of an empty wagon. Today over 80% of all leaders do not inventory products and they all are now enjoying more free time! Today we even have Autoship! Years ago when I put up this personal web site, I wanted to have a place where my organization could go to get information that was passed on over email before they became a member. This way they would not miss anything that may be helpful to them. I also thought it would be a great place for training a person on different things in Shaklee such as on AirSource when it was first introduced. They could go there whenever they wanted to visit and would still be able to get this information even if they missed the training meeting that month or lived out of town. Today, well over 1,000 Shaklee leaders and consumers both in the U.S. and Canada use it. I have had people visit from many other countries as well over the years. There were some leaders such as Bob Ferguson who also saw the need for this and he has also been very helpful to the entire Shaklee field with his web site as well as many other Shaklee field leaders. But again, at the time, most leaders I talked to about this were closed to the idea because they never did it that way before. They were not open to learn how they could do it because they did not see the need for change. Today we have the home office providing this for each of us and so most leaders now have a Shaklee personal web site. This to will change with improvements in time, Roger has a lot of things in the oven! There are many other new things such as conference calls and 3-way calling to make it much more easier to reach out to people as well as train them all over the country. Shaklee, with Roger leading, plans on going global and entering many more countries. We now even have email programs that will translate English into other languages! The point I am making here in all of this is that the basics of this business will never change because they can't without ending this way of marketing. However, the way it is delivered will always change with time to make it even better then before so that it will fit into today's market place. Just study the history of Network Marketing and see how it has evolved... or is it MLM? That is one of the reasons I developed my RWB process. At first, it was because I could not work the business as I have always done before due to health reasons. But, just because I could not work hard, it did not mean I could not work smart. I was not going to quit this business because it has been too good to our family over the years. When I started to use the RWB process, I was surprised at just how many other people wanted to do use it as well! I found they were as excited about this process as I was and wanted to do the same. Today I have now taught it to over 50 Shaklee organizations including 3 Masters! I am finding that people today are much more busier then they were 20 years ago. Most couples are both working now and building a family and have such little time left. If someone talked about a Daycare center back when I first started, I might have wondered why a day would need any care. But I show them how they can fit this business into their busy lives anyway by working it at home a few hours here and there and they love it! I have found more people this way then I ever did before because I was willing to accept change and risk but in the long run, I am having much more fun and so are they!
If you are looking for a process to use
to build your Shaklee business and you like the idea of working at home
instead of just from home, request more information by sending an email to
Mailto:rwb@youfoundyourfuture.com and
it will return a message explaining it as best I could to give you at
least an idea of the concept. If you want to talk more about it or have
questions, I am available for phone appointments as well. You know if you keep opening the same door and continue to find a dead end, it is your choice to find a new door to open. Be willing to accept change when it is clear that it is needed. If you have a process you enjoy doing, and it contains all of the basics above, stick to it for at least a year without changing it to prove if it is the way for you to build. If it does not work for you, don't quit, simply change what you are doing to get it to work for you! Below are some things that have changed over the years so that you can see this in a much more clearer view. Look at what the talk was at the time and how much things have changed. Thanks to Bruce Meyers for passing this on to me.
Comments made in the year
1957:
"When I first started driving, who would have thought gas
would someday cost 29 cents a gallon. Guess we'd be better off leaving the
car in the garage."
"I'm afraid to send my kids to the movies any more. Ever
since they let Clark Gable get by with saying 'damn' in "Gone
With The Wind," it seems every new movie has either "hell"
or "damn" in it.
"I never thought I'd see the day all our kitchen
appliances would be electric. They are even making electric typewriters
now."
"There is no sense going to
Lincoln or Omaha anymore for a weekend. It costs nearly $15 a night to
stay in a hotel." "If they think I'll pay 50 cents for a hair cut, forget it." Again, if you are looking for a process to use to build your Shaklee business and you like the idea of working at home instead of just from home, it can be done. Request more information by sending an email to Mailto:rwb@youfoundyourfuture.com I will add one more just for fun. "I use to worry about losing all of my hair as I grow older. But now, if I do, I will fit right into the younger generation!" Have a change for the better.......... tomorrow and every day to come, Have a great Shaklee Week, The number one problem in Network Marketing The number one problem in Network Marketing is the same problem it was 25 years ago. Most people do not understand it and most do not know what to do to build it the right way. On the surface it looks like a sales business because there are products involved. However, only 10% of the people approached about the business are sales types. 90% of people are not interested in selling anything due to fear of rejection etc. Ask them if they want to get into the selling business and they will sell you on why they do not want to join you. Try it and see. Network marketing is really about looking for people who are looking. That's it! No selling, high pressure, begging and twisting arms here. This is why most anyone can be successful if they really have a true core desire to make a change in their life. In order for anyone to build a large organization in the network marketing industry, they will have to find people who want to join them in the business. So the question would be, do you want to have 10% available to you for prospecting or 90% or even 100%? So this is really a business about promoting something you believe in or have enjoyed yourself. Look at the movie Jurassic Park. At first the movie company advertised it to get people to come out and see it. After they did, they loved it so much that they told their friends who also went to see it. Then their friends told their friends who told their friends etc and then the movie company stopped all of their advertising. However, the movie went on to become the most successful movie of all time. In fact, over two fifths of the world have seen it!!! This is the same way network marketing works except people get caught up in the process of selling the product that they lose their ability to promote effectively. They then decide to run classes to teach people how to use the products and sell it instead of how to develop a successful network marketing business and so the whole company stands still and stops growing. The more people get into having to sell, trying to to sell, the further they get from the natural, contagious enthusiasm of promoting and are soon out of the business. Some will even get so discouraged that they lose all of their belief that they will ever succeed in this industry and simply fall back to just using the products if they even do that much. This does not need to be the case and there is an answer. Understand this is a sorting business and the faster you sort the faster you grow and you will have much more fun in the process. You make people an offer by asking them: Do they want to build a large business such as a network organization that will pay them a 6-figure income? Do they want to build a small business such as a doctor whom may want to sell the products from his office? Do they want to use the products at discount prices for their own benefit and savings? Do they not have any interest but know someone so that you can make the same offer to them? Do they want you to stay in touch with them in case the timing is better for them down the road? Whatever their answer is, be OK with it and say to yourself, NEXT! Continue to make the offer and you will find people who will see this the same way you saw it and will want to join you in building their own Shaklee income. Then all you do is plug them into the same duplicatable process you are using and following and repeat the process all over again with them. Then when you teach them how to teach others how to sponsor still others, you have just created your own Jurassic Park! Now you can do what most people only dream about and earn more money then you can spend in a lifetime! Do you know any good works you can do and people you can help in this world if money was not a issue? Network Marketing is perfect for everyone but not everyone is perfect for network marketing. If you are ready for the ride of your life and sleepless exciting evenings, why not get started today? From what I heard, Shaklee may be making an offer to pay you an extra cash bonus of $100,000 just for you helping one other person become a Master Coordinator! This is in addition to the 6-figure income you will be earning monthly for the rest of your life for doing it! I know a lot of people who are about to do this. Are you ready to be one of them? Till next time, Hello, I was asked on the RWB conference call tonight to put together a directional email message on how to personalize your RWB email training messages with your name and office hours to be used for all your future mailings. I will attempt to do this below for those of you using the Windows operating system and Microsoft Outlook only. To Edit or change an email message to keep for your records for future mailings. First, right click on the email message you want to edit to highlight it and then click on forward in the drop down menu that appears. You should now have the email opened and waiting for you to place an address in it. Put your email address in this window because you will send it to yourself after you are finished making the changes. After you put your email address in it, click on the place at the beginning of where you want to make any changes in the message window such as replacing my name with yours or replacing my office hours with your office hours. Then left click and hold your mouse button down as you first drag it to the right of the window and then down over the section you want to change. It will all become highlighted as you do this. When the whole section that you want to change is highlighted, leave your mouse button up and then start typing what you want in place of what is already there. After you make any changes you will then want to send it to yourself. When it comes back to you, save it in a folder for all of your future use with your group. If you make a mistake and delete something you wanted to keep, simply go to the edit icon at the top of your window and click on undo button on the dropdown menu. How to set up a link to your web site in your email message First start a new email message and then type something like: Click here to visit my web page Then open your web site and go to the page that you want to send a link for. It can be your home page, which is the first one you see when you go there, here is mine, https://www.shaklee.net/fyi or it can be any sub pages such as a certain product page like mine, Andolina Distributors or how to sign up as a member like this one https://www.shaklee.net/fyi/member?remember=.&AppType=DK When you have the web page opened to the one you want to link to, right click the web address in the address window at the top of the window. Then click on copy in the drop down menu. Then go back to your email message and right click where you want to place the link and click on paste. It should now look like this: C lick here to visit my web page https://www.shaklee.net/fyi/
This one I custom made for you so that you can visit the RWB owners!!!
Go on and click on it but if you want me to show you how to do that one, you first have to move up one level in your business using the RWB process!
Hope this helps, Bob
Yes, I use SBoss and some use a spiral notebook and some use index cards and a box. Whatever works best for you is fine. The reason I like the SBoss is because I can use the filters to get myself better organized when working with different groups of people such as customers, members, hobby builders and leaders etc. I can bring up just that one list when working it instead of everyone I have. When I spend time for prospecting, I bring up the prospect /referral list and begin making my calls. Have you ever had a person tell you they can't afford to join Shaklee even if just as a member for $19.95? The potential of this Shaklee business is so great that it just surprises me when someone questions the cost. Even the Fast Start kit at only $299 or the Gold starter package we suggest in the RWB at only $325, which is mostly products they are already buying, is really nothing when compared to any other business start-up cost. To start a home based business with this kind of low risk is unheard of in the business world but yet some still have to think about it! If your friend can't afford to join your business, read this: Consider the following summary of a story in "Chinatown: "A Portrait of a Closed Society" (HarperCollins, 1992): "Many immigrants start out as street peddlers for three or four years until they have saved enough money (between $50,000 and $100,000) to start their own small business." The book tells about Lin, who earned $360 a week peddling vegetables, fruit, and umbrellas. His annual income: $22,000. What is amazing is that Lin saves $18,000 of his income and lives on the other $4,000. Lin has saved over $70,000 in four years so he can start his own business." Hmmm. I'd say Lin is motivated and willing to make a few sacrifices in his standard of living to achieve his dreams. Now, back to our friend who couldn't come up with any money to start a business. What do you think? Does your friend have a strong, burning desire to be in his or her own business? Americans take too many things for granted. We're spoiled. We want things, but aren't willing to pay the price. New immigrants to America also want things, but they are willing to pay the price because they are coming from a place much different from what we have come to take for granted. They are excited that they have the opportunity to pay the price. What do average Americans want? * They want to be the boss, but refuse to stay late after work. * They want to take exotic vacations, but refuse to save from their monthly paychecks. * They want to own their own business, but only if it is free. No wonder average people have trouble starting their own business. They must build the business themselves, and that's a gross inconvenience. That's why being your own boss is reserved for the un-average American. It's easier to build a successful business when somebody is willing to work. That is the point, there are people out there who are willing to work and are willing to pay the price. All they need is the direction such as our RWB process and the cost will not even be a consideration. When they have a core desire for something, and you show them an option as simple as the RWB for building their income, and it is something they want to do, cost is never a problem. All you will need to do is teach them the process and then get out of their way for they will run you over if needed! Here are some people who are already on their way and you will notice that there is no talk about how to afford the cost. They are all paying the price and soon will reach their core desires! What about you? Dear Bob, Got my first Fast Start from the new script last night. She's going to order it with her TAX refund. This may be a great month to be doing this, eh? I have 2 directors in my group who are using the RWB and training downlines on it. For the last 2 weeks, we committed to do 5 a day...came up short on some days, but still very focused work. ....All together we added 7 new members last week. Carla I have so much going on in my group right now, I need to start my own training soon. It is exciting. Not a lot of growth yet but have 1 or 2 people under at least 4 who are interested. Haven't seen this much excitement in a long time. LaRue Just thought I'd let you know that Ginger has already sent me three leads including two good friends and her mother along with a sentence about it. I am very excited about getting referrals. I'll call them tomorrow. I am so excited and can't wait for advanced training e-mails. Thanks again, Janet Taking Your Home-Based Business Tax Advantages to the Bank By Graham Anthony, CEO Upline Here's a concept -- you can put an additional $5,000 of spending money per year in your pocket if you sign up as a distributor in Shaklee -- whether or not you actually succeed at first in signing up a downline or retailing products..How...? As a Network Marketing distributor, you will be entitled to an advantageous collection of tax breaks which will enable you to reclaim thousands of dollars in taxes -- dollars normally taken out of your day job paychecks by the IRS. The good tax laws that allow Network Marketers -- and other small business owners -- to garner substantial tax breaks are the same laws that GM and IBM benefit from. The only difference between most Network Marketing businesses and these Fortune 500 entities, in the eyes of the IRS, is their size, and the fact that Network Marketers can also deduct many expenses from their homes and daily lives. If these expenses contribute to the success of their Network Marketing home-based business, then they are fully tax deductible! What is deductible by a Network Marketing home-based business owner?When you discuss business out to lunch or dinner with co-workers and friends, your meal is 50 percent tax deductible. For that matter, so are theater and sports event tickets, and other expenses relating to entertainment focused on building relationships with prospects, retail customers and downline or upline distributors. (Remember, by definition, everyone is a potential prospect or customer of your Network Marketing business!) Automobile mileage is deductible between your home-based business office and a meeting where business is discussed, such as the meals mentioned above, or an opportunity meeting -- or even a golf outing with friends who are prospects! Travel is deductible -- be it to an industrial center or an island resort -- if the purpose is to hold an opportunity meeting, to discuss business with other travelers, or to attend a seminar. Your spouse's travel can even be deductible if his or her presence is helpful in closing the sale. You can also deduct wages paid to your children for help in the business -- and if those children are under 14 and have no other sources of income, all wages under $4,000 per year are tax free. It's a great way to help save for college with Uncle Sam's help! You can pay with pre-tax dollars for expenses like braces, eyeglasses and visits to the doctor if properly structured through a qualified medical expense reimbursement plan -- this is easy to do with standard forms. (see resource box) Home computers, fax machines, telephones, office supplies, and office furniture are also fully tax deductible. But there's more.... The IRS's only requirement is that you legitimately treat your Network Marketing business as a business -- not a hobby. That means regularly working your business. What counts as "regularly working" your Network Marketing business?Just taking the actions you are telling your downline to take: call prospects regularly, use the product, tell people about the product and, if successful, teach others to do the same. If the people you sponsor actively follow your guidance, they should make money; but even if they don't, the IRS will recognize their right to their home-based business tax breaks -- If they properly document their activities and expenses! Documentation Is Everything for Tax Deductions!Documentation is a big word, but a simple process. It merely means writing down in your day planner all business-related activities, business- related expenses and any revenues you earn. Consistent record keeping will prove to the IRS (on the rare chance you have to) that you are truly running a business and not engaged in a hobby -- whether or not it makes money. What do these records look like? They're simple. Just writing down who you spoke with about the business, where you went in pursuit of your business, and what you spent in the ordinary course of conducting your business -- if done in a regular and consistent manner -- will provide you with proper documentation and a sea of deductible business expenses! Sure, it's a hassle writing down your business-related activities every day; but for a maximum investment of five minutes a day, the time spent record keeping is worth a minimum of $5,000 in tax savings. That's $240/hour of tax savings for the time you spent keeping track of your activities and expenses. A pretty good wage for simple record keeping! So, what do these records look like exactly? Here's a sample day from a day planner:
What's deductible in your ordinary lifestyle expenses when you own a Network Marketing business? If you legitimately work your business engaged in the following actions, here's what's deductible. Check out the math: $500: Lunch with co-workers is deductible (Hey, they're prospects!). $4/day times 250 work days = $1,000 x 50 percent deductible = $500 $1,500: Travel expenses for you and spouse to vacation land -- if you hold opportunity meetings (could be to the friends you are visiting) and your spouse participates $1,800: Home office deduction ($150/month) for use of spare room in house out of which you operate your home-based business $1,500: Automobile mileage from home office to day job or other places where you actively encounter prospects and actively discuss the product. (20 miles round trip to work x 250 days x 30 cents/mile) $8,000: Tax free wages for two kids without other jobs who assist you in your Home-Based Business (2 kids x $4,000 per year paid to their savings accounts for college/weddings, etc.) $2,700: Health insurance for family (Spouse is an employee of your home-based business, who chooses to include you and kids on the plan -- $225/month time 12 months) That's $16,000 Total tax-deductible expenses x 35% combined Federal and State tax rate = $5,600 Cash refund from IRS on April 15th Remember, to deduct the above expenses, you must be actively working your business in the lunches, trips, visits, etc. mentioned above, and be keeping proper records. If you are an active Network Marketer, this is not only perfectly legitimate -- it's good business Upline recommends that Network Marketers consult their accountants and individual tax advisors in applying these concepts to their businesses. Are
You a Leader in This Business? you feel that investing your time in training and working at your network marketing business interferes with your daily cable television schedule? When your bonus check arrives at the end of |