Network Marketing- A concept for pipeline building

All the booklovers must have gone through a book named 'The Business of the 21st century'.

A great book, well suited to the recent times of 2020, wherein every business will be moving to digital platform & the uncertainty will be growing like anything. All of us are engaged in one or other profession & working for our financial/social status & try to do everything to complete our responsibilities within time. 

This book tells us about 4 different quadrants to attain financial condition-E,S,B & I. Almost 95% of population is indulged in E &S quadrant & part of rat race & attain financial freedom only after gaining a age of 55 or more than that. If there are surprises in life, we won't be able to attain that as well.

If we use the principle of network building & developing ourselves to create win-win situation, this methodology can work very well to create wealth building model.

Network marketing is something which is the most privalent in today's times of information age wherein so much information is available online that people get confused. In these times, if there is a network of people who is aware of the products & they use word-to-mouth relationships to convey the message to others, most of the people who want to buy a product get convincing answers.

Here comes selling through network marketing concept which creates win-win situation for the people involved in marketing as well as for the people who are involved in buying products.

This methodology works on 'e compunding' wherein interest compounds based upon how many people are connected to the network & the time invested.

Napolean Hill Author of 'Think and Grow Rich’ is often credited as saying that ‘Make your money work so hard for you; so that you do not have to work for it.’

This is the fundamental on which e compounding/network marketing works.

Build up network, ask your network to keep building their netwroks & get the residual incomes from everyone of their network map & keep increasing your money.

That's the motto of this concept.

It helps building a great pipeline which can start yeilding in a year or so, if more time is invested it can let u grow to financially independent person.

Many more to come on this topic....