Staying Within Your Marketing Budget

Is it important in you network marketing business to stay within a budget? Unlike most governments we cannot just write more money when we need it, so yes it is very important.

Financial planning and management is a critical element in both your personal life, and crucial to the survival of your business. Today we are bombarded with the fact that we are in a recession.

This very thought is so prevalent that by its very nature is continuing to feed and make this more of a reality then it really should be. Take a look at gas prices they continue to rise yet here is an article in Business week that portrays a very different picture “There is No Gas Shortage.”

…continue reading Staying Within Your Marketing Budget

Financial Goals - Why does it take so long?

I was talking to a new member on my team and I asked this person to tell me their monthly income goal. They answered quickly - “$5,000 per month.” Using an income calculation tool, I projected they would reach their goal (based on recruiting six people into their organization each month, which I felt was somewhat aggressive) in 18 months. They responded by saying, “Why so long?”

Wow! I was surprised by their answer. Tell me, what kind of job/business opportunity(without prior experience) is available, using minimal capital, that would allow you the opportunity to work from your home and in 18 short months provide you with a $60,000 annual income. …continue reading Financial Goals - Why does it take so long?

How Much Income Do You Want From A Home Based Business?

The other day I was thinking about what people are looking to earn in their home based businesses. Many times I think every person in network marketing wants to earn as much as I want to earn in my business - big mistake.

Let’s look at some of the components that help shape the parameters for setting a financial goal. …continue reading How Much Income Do You Want From A Home Based Business?