Category Archives: Education in business

Franchise Opportunity!

Seeking a Franchise Opportunity?

I have a franchise opportunity for you that you need to pay close attention too. The franchise opportunity will only cost you upfront $1200. Yes, that is right ONLY $1200. You might be asking, well what’s wrong with it if it is only $1200? Before I give you all the inside secrets to this opportunity, I want to share with you some statistics with franchise opportunities in general.

The cost of owning franchises varies greatly. They can range anywhere from $10,000 and upwards to $5 million. Depending on what type of franchise you are looking to buy can determine the up front starting costs!

If you are looking for a restaurant franchise they can range from $750,000 to $3.5 million. Want to be in the lodging industry? You are looking at a $4 million to $6 million investment. What about home based internet business? Mobile and home-based businesses can range from $10,000 to $100,000. This is just the beginning of the money one needs to give up in order to own a franchise.

Even if you have the upfront cost, there are still other monies that you have to make sure that you have. Most franchises require that you have funds in the bank. Oh, and these have to be unborrowed funds! Even still, you will have to meet a minimum net worth even if you do have the unborrowed funds.

At this point, there are still quota requirements that your particular franchise wants you to meet in order to appease the corporation, who truly “owns” your company. Although the initial upfront costs have been taken care of, there still may be franchise fees, professional fees, advertising, property acquisition, insurances, equipment, decoration, landscaping, and many other various costs.

If you thought that was the end, do not worry there is still more! You will need to make sure that Corporate is happy. So… they will still demand a franchise royalty fee. This fee varies in range, but the average royalty is usually between 4-6%. This percentage is based upon the revenue your particular franchise brings in on a regular basis.

Oh, and do not forget the monthly mortgage, insurances, bills, employee headaches, property taxes, and many other various monthly expenses!

McDondald’s

Let’s take a popular requested, mid-range franchise! Mcdonald’s is probably one of the most sought out and investigated franchises in the world! Why? Because they are everywhere! They generate a lot of income! However, to even consider one, you must have at least $300,000 in non-borrowed money in order to even be considered! That is only to get a McDonald’s that is already in existence. If you want to make a new one, you will need to add an additional 40% down payment on top of the original amount. After all of the money is taken care of you still have to attend Hamburger University. That is a total amount of 32 hours of training!

Doesn’t this all sound delightful! Money, money, money out the door! The question still looms… how many years does it take to pay off the franchise loans before I really start making money. Obviously, this all depends on the franchise that you are buying into!  But most franchise owners it takes multiple years to gain their original return on investment.

Now that I have your attention! Let me tell you about my franchise opportunity.

Are You Listening?

Let’s get the hard part out of the way. My franchise opportunity typically costs around $1200 up front. You do not need to have any net worth. There are no brick and mortar buildings, no insurances, no employees, no employee headaches, no advertising fees, no corporate royalty fees, no equipment fees, no re-occurring mortgage fees, no overhead, etc, etc.! Many people pay off the initial investment within the first couple of months, not years!

It is the fastest growing franchise opportunity of our time. 50% of homes in the United States by the end of 2015 has had this type of franchise affect them personally. There are more millionaires made from this franchise opportunity per year than any other franchise opportunity in the world. Around 20% of these franchise owners say that their business’ gross between $100,000 and $500,000 per year. There is an estimated $34.5 billion annually in this type of franchise.

This franchise has an 85% success rate, as opposed to the 5% that traditional business affords. Since the 1950’s when this type of franchise started, there have been 8 major recessions. While the majority of traditional businesses were greatly affected, this type of franchise has only experienced significant growth. This type of franchise is currently in a massive upswing compared to the rest of the economy!

One of the main attractions to this type of business is the residual income. What is residual income? It is the ability to work once, but get continually paid over and over for the work you did previously! There are very few businesses out there that the Average Joe can buy into, and make residual income. This obviously is one of the biggest perks to this type of business.

This is also a business that you can work anywhere at any time all over the world! This is a major attraction to most people, as they are now considering other options outside of the dead end world of Corporate America. The computer age is here, and this franchise opportunity is already ahead of the curve! No robots can replace this business model!

What is it? I am glad you asked! It is Network Marketing! Most people have a stigma about it, but based on the last several paragraphs how could you? It is the fastest growing industry in the world. And as stated before, there are more millionaires coming from network marketing every year than any other industry in the world. What other franchise allows you to buy in at a fraction of the cost, make your money back in a few months, develop a residual income empire, and allows you to work wherever you want in the world, all with no overhead?  Network marketing is the sole industry that allows you to accomplish all of these, and you do not have to fork out the thousands upon thousands of dollars to get it started.

There are many network marketing companies out there to choose from!  Interested in finding a network marketing company?  You can always contact me.  After being very successful in the network marketing industry and being one of the top in my company, I can tell you….I LOVE NETWORK MARKETING and I can help you find the right one that fits you!  Or if you are interested in finding your own, here are some TIPS on finding some of the best network marketing companies out there! I promise you, that just like any type of franchise, you do not want to just jump in the first one you hear about.  Take some time to research each company and follow the advice that I give you in my TIPS section.

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Building an Unlimited Database for Your Network Marketing Business (Great Scripts at the bottom)

So you are thinking about starting a network marketing business, or maybe you are already head long into it, and you have just now stopped to realize you do not know many people!  This is usually one of the biggest hurdles that people have to get over when they join a network marketing business.  Most people think they need to know everyone in order for this business to be successful!  This is just not true!
If you build your business right, you do not need to know everyone, you just need to know how to get to the rest of the network.
Let us start off with the word network. A network is a group of two or more people linked together.  See the key is not who you know, but who they know!  You do not need to know everyone, but just a few people.  Ask yourself who do they know?  Who is in their contact list?  Who is in their network?

Six degrees of separation is the theory that everyone and everything is six or fewer steps away, by way of introduction, from any other person in the world, so that a chain of “a friend of a friend” statements can be made to connect any two people in a maximum of six steps.

Now that we see the theory, who do you have connections to in this world?  Today with social media, those connections are getting easier and easier to find.  It always interests me when a new friend ask to be my friend, who their mutual contacts are!  Don’t let your small network make you fearful of network marketing.  There are 7.1 billion people in the world. You have a huge network.

Think about one of your friends who you know.  Ask them who they know that is:  broke, poor, living paycheck to paycheck, running out of money before running out of month, looking for other sources of income, looking to maximize their income, or want to get some retirement?

Those questions right there should have opened a whole world of possibilities!  Even if a person just moved to the area, they really have an unlimited network!  Do not let the “few” people you actually know determine the success in your business.  For those already in your business, as business partners, ask them who they know, and start working with them to contact those people.  Be there with them as they make those contacts.  Do not expect them to make the phone calls in the beginning with perfection.  Be a leader and help them with their invitation and phone calls.  Once you start bringing their network in…you do the same system with the new person’s network.

If you are looking to grow your database, we have a free solution that Eric Worre, master network marketer, gave us.  Click HERE to register and get this FREE gift!

We need to master connecting with other people! And then master connecting with their connections.  We really have an endless supply of contacts, we just need to know how to connect with them.

Want to reach your COLD contacts, here are just a few quick scripts.

Waiter or Waitress

“I like how you served us today. You were very personable and reasonable in your timing to help us with our needs.  We are looking for people just like you as business partners for our company.  Are you interested in earning other income?”

“I like how you served us today. You were very personable and reasonable in your timing to help us with our needs.  We are looking for people just like you as business partners for our company.  Are you interested in working for yourself?”

“I like how you served us today. You were very personable and reasonable in your timing to help us with our needs.  We are looking for people just like you as business partners for our company.  Are you interested in building a business?”

Cashier

“I have been coming to this store for a long time now.  I have been in your line many times and have always noticed how personable you have been.  I really appreciate that about you. I am looking for people just like you. Are you interested in earning other income?”

Airplane (and most other situations)

Typically this conversation wraps around the what do you do for work thing.  I would highly recommend that you don’t jump down their throat with your company.  But rather say, “I am a network marketer.”   You would be amazed at how many people do not know what that means.  Once they ask what it is, proceed to tell them the difference between linear income and residual income.

Your job, to a person you do not know, is to hook them on something they want more information about.  I always talk about residual income to people.  Most people do not know what it is, and most people do not know how to get it.  At this point, you need to get their information and schedule an appointment to show them how you get it, and how they can get it too.

After I confirm a set meeting, I always ask them one question.  Are you coachable and teachable?  I believe anyone can be successful at network marketing as long as they have those characteristics.  If they confirm yes, then I confirm the date of the appointment.  This appointment is made for the near future, typically within 24-48 hours after the initial residual income plug.

At this point, I have not said ONE word about my mlm company or our products. I  have merely mentioned residual income and how it works.  Oh, by the way I often reference Robert Kiyosaki’s book Cashflow Quadrant. I help them to understand between the corporate world and the business system.

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How to Close In Network Market

Closing the deal is super crucial to any body in network marketing.  Of course if you do not invite you will never be able to get to the close!  So make sure you get proper instruction on your invite! We will write about that later.

But until then…here are the ways that I close a deal!  To be honest I did not make these myself, but have been using them for a long time…they WORK!  I got them from MASTER Network Marketer and Teacher Eric Worre, from His Book GO PRO. I would HIGHLY recommend that you read this!  One of the BEST books on network marketing you can read!

 

THE CLOSE

  1. What did you like best about what you saw?
  2. On a scale of 1-10,  10 being your ready to get started right now, where are you?
  3. If you were going to get started part time, how much money would you need to make in order for this thing to be worth your time?
  4. Approximately how many hours are you willing to commit to making that type of income?
  5. How many months would you be willing to work in order to develop that type of income?
  6. If I …..would you?
                    If I could show you how do to do that you, would you become my business partner?
At the end of those questions, you will know exactly where the people stand!  Follow up, Follow up!  This is what separates the professional network marketers from the rest!
Enjoy!
Missed how to Invite someone to an opportunity…CLICK HERE!
Want more information on how to close better?  Click here!

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HAVE Questions about how to build your business or MLM?  Contact me HERE!

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Want to learn more tips about building your MLM??? CLICK HERE

3 More Reasons Why Hillary Clinton Will Financially Destroy Your Business

Will Hillary Clinton be a good president?  There is MUCH that is to be debated about that here in the next several months.  But one thing is for sure…Hillary’s positions will affect your business, whether great or small, in multiple different ways.  It does not matter whether you are Democrat or Republican, conservative or liberal…your business is going to get hit with her policies!

Here are 3 more reasons why Hillary Clinton will financially destroy your business:

Hillary

The Allowance of Illegal Immigration-

The Truth is Hillary Clinton does not know what she believes when it comes to illegal immigration!  Whether she is for it or against it….it is a disaster that she is not firm on it, for your business!  As late as April of 2015, she was in full support of the path to citizenship for illegal immigration.  But in May of 2015, she said, ““Certainly we’ve got to do more at our borders,” she said, adding that, “people have to stop employing illegal immigrants.”  But Clinton did not utter the words “border” or “fence” during her remarks Tuesday May 5, 2015. She also did not speak of opposing “illegal immigrants” or “illegal immigration” as she did in 2003.

SO where does she stand? She does not even know!  It seems Hillary’s replies to questions are the results of her audience and what they want to hear.  This being said, if she is against it or for it…no one knows!  What we do know is that if you are not for it your against it! And if your are for it, then you are not against it! Confusing?….yes…yes, she is!  How will illegal immigration affect your business?  Higher taxes, higher minimum wage, higher insurances all that your business will have to pay out.  Yes, we can just NOT hire them, but that means we should also not financially give them everything they need to survive as a country!

If you are not a business person, this just means higher taxes!

As we have already seen that higher minimum wage is being affected because of people who are taking away the American citizens jobs.

The Championing of the Minimum Wage Hike- 

“I want to be your champion. I want to fight with you every day,” said Clinton, who kicked off her presidential campaign in April saying she wants to be the champion for “everyday Americans.”  “No one who works an honest job in America should have to live in poverty,” she said. “No man or woman who works hard to feed America’s families should have to be on food stamps to feed your own families.”

minimum-wage-poverty

But what does hiking the minimum wage do?  It shuts down small business.  It makes major companies like McDonalds,  make more automated services.  These same people who are seeking for a higher minimum wage will actually lose their jobs!  More companies are turning to computers and automated services to do the normal tasks that humans used to do, all because of a higher minimum wage!  This raise in minimum wage only plagues small business and does not help them at all.  It also hurts the lower class.

What does this do to your business?  Well if you have employees…it could mean a entire change of dynamics within your business.  If you cannot afford it…it could mean that you are going to have to shut down your company!  If you are not a business person, this just means higher taxes!

National Debt Policies-

“It undermines our capacity to act in our own interest, and it does constrain us where constraint may be undesirable. And it also sends a message of weakness internationally. It is very troubling to me that we are losing the ability not only to chart our own destiny, but to have the leverage that comes from having this enormously effective economic engine that has powered American values and interests over so many years. So I don’t think we have a choice – it is a question of how we decide to deal with this debt and deficit…. There is no free lunch, and we cannot pretend that there is without doing grave harm to our country and our future generations.” – Hillary Clinton

Although Hillary’s words would be adamantly in favor of reducing the debt, her actions of making efforts in doing so have been everything but reducing it!

  • Voted NO on paying down federal debt by rating programs’ effectiveness. (Mar 2007)
  • Voted NO on $40B in reduced federal overall spending. (Dec 2005)
  • Voted YES on $60B stimulus package for jobs, infrastructure, & energy. (Sep 2008)
  • TPP must produce jobs, raise wages, & protect security. (Apr 2015)
  • End tax breaks for outsourcing jobs. (Jun 2007)
  • Defended outsourcing of US jobs to India. (Oct 2005)
  • Would accept minimum wage as president. (Jul 2007)
  • Stand up for unions; organize for fair wages. (Jun 2007)
  • Minimum wage should be tied to congressional salaries. (Jun 2006)
  • Pushed for extension of unemployment insurance. (Feb 2004)
  • The working poor deserve a living wage. (Oct 1999)
  • America can afford to raise the minimum wage. (Sep 1999)
  • Voted YES on extending unemployment benefits from 39 weeks to 59 weeks. (Nov 2008)
  • Voted NO on terminating legal challenges to English-only job rules. (Mar 2008)
  • Sponsored bill linking minimum wage to Congress’ pay raises. (May 2006)
  • No salary increase for Congress until minimum wage increased. (Jul 2007)

 

national debt

What do all of these mean?  Increase in taxes and increase in National debt.  The National debt has never been lowered by raising more taxes!  It has never been lowered by increasing minimum wage.  The only way the national debt will be decreased, is if the government will stop spending money on unnecessary things.  If they stop spending money on programs that never worked.

Many of the items listed above that she has been in favor of, have failed miserably!  Some of the things are still to be determined if she gets elected president.  I for one would love to see her take minimum wage if she becomes president.

If you own a business, her proposed policies and her past promotions have almost all hurt the small business owner rather than help them.  The problem is the government wants to tax to help pay off debt.  And to help the lower class and middle class people, however, the more they try to tax the upper class, the more it only hurts the lower and middle class!  The rich get richer and the poor get poorer!

If you are not a business person, this just means higher taxes!

Conclusion

Hillary Clinton is not an ideal president for people who own small business.  If what she promotes is any indication of where our economy goes, than many small business will be out of commission in the next 4 years if she comes to be president.  It will also destroy our economy and we will see yet another downward spiral in America!

What do you think about Hillary Clinton Running for President in regards to business?  Comment Below!

 

Here are 5 Tips for planning your financial future!  Click HERE

 

How do the rich get richer,and the poor get poorer?  Click HERE

 

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5 Reasons Why You Should HAVE a Credit Card

You might have a lot of people telling you their opinions about whether or not you should get a credit card.The answer is yes…and no.  If you are NOT disciplined with finances….then I would STRONGLY advise you NOT to get credit cards.  If yo u are the type of person that sees some new gadget and says, “I just have to have it!!!”  Credit cards are not your friend.  They are your enemy!

A person who has a lack of discipline with money, will always end up being poor.  If you do not know how money works, don’t try to access someone else’s money!  It will hurt both now and in the future.

If you are a person who can handle money well…then you MUST read on! I will show you why not only is getting a credit card a good idea…it is a GREAT idea!

credit_card_debt

There are several reasons you should get a credit card.  If you are getting a card just for emergencies, I would also recommend that you do not get a card.  WHY?  Because eventually we will justify anything and everything as an emergency.  You have to handle the emergencies with your cashflow, and your investments with other people’s money!

Here are the top reasons you should get a credit card:

Establish Credit-

Look no credit is not good or bad credit…It is not credit…but in the life of investing and business…no credit is bad credit!  If you have no credit history, lenders will not give you money!  So you must at some point establish a credit line.  One of the quickest and easiest ways to do this, is through credit cards.  It is good that you use credit cards often, as long as you pay them on time!  I did not say pay them off!  There is another discussion for another day!

If you want to really start using other people’s money for investment through loans, it is good to know how to handle a credit card to establish that credit so you can eventually get to BIG loans.

Use for cash back or mileage benefits-  

Although this should NEVER be the primary purpose for getting a card, you might as well get a card that either gives you cash back or mileage for flights.  For me personally, I travel a lot!  And because I travel a lot, I like the free miles that I get with may card.  I get multiple round trips a year with my credit cards with frequent flyer miles.

Frequent-Flier-Cards-Cropped1

I will say that having a card just for the sake of having cash back really does not make much sense unless every month you pay off your CC debt.  What you have to ask yourself, is my interest on the accumulated debt, wiping out the profit that I might be making in the cash back?  In MOST cases, it either is a wash or you are losing.

Again, if you can pay off your CC debt every month, then it might be something to look into.  In most cases people who handle their cards wisely only get around $300-$500 in cash back a year!  Ask yourself this question, is all the stress for a CC just for cash back really worth $300-$500.  I would say in most cases no.

However, you can use that CC and learn how to maximize its benefits…READ ON!

Leverage it to be good debt-  

What is the best way to use a credit card.  How about investing with it.  Use it to make money with!  Specifically a cashflow!  Learn and educate yourself on how you should/could use your credit card to invest in things that will give you return.  For instance maybe you have an online business that you have PPC ads to such as Affiliate marketing!  Instead of using your out of pocket cash, why not use someone else’s money to pay for the PPC ads.

Obviously the PPC ads are there to make you money!  They are there to direct people to your website.  This is just one of the ways that you can use your CC to help you invest and build cash flow!  Why use your own money, when you can use someone else’s?!?

Interest-Free money-  

Typically you have between 30 and 45 days before you have to pay your first bill.  This is great.  This is tax free and interest free money!  Right along with the last point, why not use someone else’s money to pay for investments that you get for free without any interest.  Obviously with any loan that you take out, there is always interest on it.  However, the beauty of credit cards is that there is a 30-45 day turnaround.  Make sure you check with your credit card company to see if you qualify!

So think about what can you invest in, that will make you cashflow within 30-45 days?  Ready…set….go!

Merchant protection-

 Last but not least, is the protection that you get from using a credit card.  Unlike debit cards, credit cards have awesome fraud protection and merchant protection.  Overall they are much safer to carry.  If they ever get lost, stolen, or misplaced cc companies treat their customers right.  And why wouldn’t they?  The average American has $15000 in credit card debt.

These care seems obvious to them.  If the person has a card, most likely he is going to spend what he should not be spending on.  With that being said. This is again NOT a main reason you should get a credit, but only to see it as one of the perks.

 

Overall, credit cards have the ability to do some really awesome things.  As I said before though, it is not WISE for you to own a cc unless you can be disciplined with holding onto one and using it wisely!

Here are 2 books that you should consider reading!

9781496188816_entrepreneur_bible_to_riches_the_gospel_of_wealth_attraction

 

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Learn more about credit cards here

Be a Stay at Home Dad

Married? Children?  Husband gone all day? Are you with the kids all day?  There is a new trend that in my opinion in our society today is MORE relevant than any other day.  It has been a “thing” for quite some time about the phrase “stay at home mom”, but what about dad as well?

I am not talking about mom going to work, I am talking about mom and dad both staying at home!  If you have been living under a rock, then you have not been aware of the lack of male leadership and good role models in the home!  You have seen a lack of father figures.  I take it very seriously that I have influence in my children’s life.

If you are like most families with children, then often you are sending your kids out to school every single day!  You are having multiple other people teach, train, coach, and help your children with life’s lessons.  I guess the question for you is, “Do you agree with what they are teaching them about life’s lessons?”  It is very possibly that your children are spending more time learning from outside sources, than the parents themselves.  And if truth be known, if you are a father, then your time is even less than your wives time if she does not work.

We try to put our children to bed by 8PM every night.  If you are like most fathers who are out of the home for work, that means you get home about 6PM.  If you see the time you get to spend with your children, it is a whopping 2 hours a day and maybe a 3rd hour in the morning if you are one of the lucky ones!

I personally want to be more a part of my children’s life than just 2-3 hours a day!  I know many dads only get to say good morning and when they get back so late, their children are already in bed sleeping.  They only get to kiss them goodnight.

child_kiss_goodnight_dad-331x221

When I first was introduced to residual income I did not understand what it was, and I definitely did not understand the power of it.  But as I was introduced to it again, WOW!  It blew me out of the water.  When I finally tasted it in a great way, through MLM, I knew I never wanted to go back to the old way, JOB, again!  My boss was dictating my life!  Which meant also that he was dictating how much time I could spend with my kids!  What I realized is that he owned me, and my children “did not!”

I finally have the ability to do what I am SUPPOSED to do as a father!  Teach them, lead them, guide them, and be the good father figure that they need in their life!  I am more and more passionate each day that my children get taught by me!  I am also more and more passionate to bring more dads to home to teach their children.  This is one of the reasons I started this blog!

Let me tell you, if you are thinking about jumping out of your JOB to get to a lifestyles where you are a stay at home dad, or mom, it is challenging and hard work. BUT, if you work hard at it, it will prosper!  You will be a stay at home dad in no time.

Now through multiple streams of residual income, I am sitting here at my home typing this blog post.  I have since been interrupted 5 times by my middle son!  I would not trade that for the world!  Before I would not see him until sometimes really late because of the schedule of the work week and job criteria I had!

I challenge you dads, be a part of your children’s life!  Teach them about life’s lessons.  Make a difference now!

If you want to jump out of the “job security” of corporate work world, I would encourage you to look at this LINK!

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3 Reasons Why I stopped Reading Business Magazines

In the day of news being live streamed, everything comes to your finger tips in the blink of tweet!  The fastest news outlet in the world!  If you want real time updates on business and whats hot, trending, and whats not, the internet is the place to get that information!

So because of that I have stopped reading business magazines!  And here’s the reasons why!

1.  If it is on print, it is old news!  If it is old news it is worthless!  You might as well throw your money from the magazine away!  We are living in the information age!  If you are not connected to the internet for trends and updates, you are missing on all of the real time information!

If you are in for investing, whether real estate, stocks, bonds, or mutual funds.  Do not get your information from the newspaper or magazines.  You must be connected!

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2.  Magazines crowd out what you need to be focused on!  If you are a  investor in stocks, you want to focus on the next big stock!  If you are a real estate investor, you need to know what markets are dipping and what markets are rising!

Magazines have multiple avenues of business.  It is hard to focus on one thing, when they have a plethora of information on multiple topics.

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3.  They are narrow minded to what they think you should need!  Think about it.  The internet allows you to investigate anything and everything.  Magazines focus on what they think is interesting, on what they want you to you to know.

Have you ever thought that maybe they tell you what you want to hear, to distract you from what they want to invest in?  I mean why tell other people how to get rich?

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If you are looking for business tips on how to run your business, magazines might be a great way to help you work on those aspects.  But if you are looking for new insight on what you should be investing in, stay away from magazines!

What do you think?  Do magazines still have value in our information age of technology?  Comment below!

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