The Automatic Income Reducer (The Television)

Many conversations have occurred on the concentration factor required to be successful in network marketing. Numerous articles have been written and published on why people fail in network marketing. The net effect of all of this attention is that this subject has been researched, dissected, and preached about.  Although many items occur on the list of distractions, the largest culprit or automatic income reducer appears to be somewhat unanimous and that is the television.

How the term, the automatic income reducer, was derived is really not important and who ultimately coined the word is hard to distinguish but it is an excellent term. What the term represents is one of the reasons that people struggle in network marketing. This term presents an idea that causes people not to concentrate on building their business because they are distracted.

So, is this term hype or is there really something with sustenance here?

Depending on whom you discuss this topic with, many different opinions surface.  The best discussion I have heard comes from Cedrick Harris of Team Takeover Marketing Inc.  His take on this topic is quite interesting. He believes most of the people struggling in network marketing do so because of a very simple calculation. In Cedrick’s opinion, people that have a large number of televisions and / or very large televisions in their home seem to struggle in network marketing.

In Cedrick’s opinion, many people with large televisions and / or a large quantity of televisions in their homes. Unfortunately, every hour that a marketer spends in front of the television is an hour that they are probably not spending on their marketing or their marketing education. Presuming that the average marketer spends 2 hours per day watching television works out to 56 hours per month or 672 hours per year.  Imagine what could be added to a marketer’s knowledge if those 672 hours were devoted to marketing training.  The thought is mind boggling.

Cedrick has a unique point of view concerning televisions and the struggling network marketer.  He believes that the total horizontal inches of televisions in the home should equal the total horizontal inches of marketing training materials in the home. For instance, if there are three 42 inch televisions, that would be 126 inches of television.  If the marketer would have 126 inches of marketing material, that would be a quite large book shelf.  A quick walk through the house would determine if, in fact, that book shelf existed. Very seldom will that book shelf be found.

A different but similar fact seems to put validity into this discussion.  For years, research on wealthy individuals has proven that these people, almost without exception, have large reading libraries in their homes. It appears that the larger the library, the wealthier the people seem to be. Here in lies the eternal “chicken and egg” question, did they person become wealthy because they read many books or did they read the books to become wealthy?  The answer seems rhetorical but the result is the same.  Large numbers of books in a personal library USUALLY equal large amounts of wealth.

So, according to some of the current theories, if you want to be successful in network marketing, get rid of your televisions.  OK, not all of them, but if you have a large horizontal total of televisions, they are probably hurting your marketing.  Decreasing the time in front of the television will allow you to put more hours into your marketing and marketing training, which will increase your marketing income.

So, turn off your automatic income reducer, the television. Get the training material out of the pile and continue to increase your marketing education. Your wallet will appreciate the extra padding. Need some training material, go to: http://www.MLMIntegrityMarketing.com


Post to Twitter

According to a recent survey, over 80% of the population is committing a serious lifestyle error. They are banking their entire livelihood on a single income. If that one income stream is disrupted, they will face a serious financial situation.

Throughout history, many financial experts has extolled the need for financial diversity.  They understood the risks of only having a single source of income and have written many books and articles explaining that risk.  Unfortunately, a large percentage of the world still doesn’t understand diversifying. They understand the concept but are afraid to deviate from the status quo for fear of alienating their friends and family.

Many of the decisions people make throughout their lives are predicated on their upbringing. They have been taught to do what their leaders (parents and grandparents) are doing and not to try new, risky adventures. This concept has its roots in early creatures where survival of the individual was necessary the good of the group. The larger the group, the better the chances of surviving an attack from predators or other clans.

The risk of this style of upbringing is that new concepts are considered exceptionally risky, whether they are or not. Because the clan dictates what is acceptable and unacceptable, new thoughts are quickly ridiculed and dismissed. It takes an unusual amount of effort and fortitude to survive the efforts of the clan to kill an idea. Not that the idea is good or bad, it’s just different and that is unacceptable.

In today’s world, that used to mean working a job for 30 or 40 years and retiring. People who moved between jobs who called job-hoppers and usually felt the wrath of the clan. They were ridiculed for failing to stay in that one position, like their ancestors did. Whether they were able to improve their lifestyle was irrelevant. They were different and that was not acceptable.

People who worked in direct sales seemed to be the people that were disliked the most. Because of the quantity of true scam artists, the salesman was considered a scam artist whether he was legitimate or not. These salesmen, because of their nature, were also people that understood the benefit of having multiple products to sell.  That way they almost always had something of interest to everyone. This allowed them to make a sale when other people that didn’t have multiple products would walk away empty handed.

As sales and marketing evolved, these people taught their protégés the way they were  selling and how to incorporate that thought process into their lives. As this passed from generation to generation, more and more people began to understand the financial benefits of having these multiple income sources. At some point, this process came to be called multiple streams of income.

Unfortunately, because this concept is different from the traditional, single income source, many people today still don’t understand.  They don’t understand that multiple income streams will allow fluctuations in the market to occur without impacting the total income. The more streams of income that exist, the better the chance of having your lifestyle survive market changes. You don’t have to panic because something changes.  You also have less financial risk of being laid off or downsized because you are not dependant one only one income source.

The vast majority of today’s marketers have been taught to develop multiple income streams for the reasons listed above. In review, they will have a more stable financial picture. They usually will develop a larger gross income. They tend to have a standard of living that is higher than the people around them.  Usually they will be risk takers, chasing the new opportunities that come on the market to try to grab their piece of the pie before it gets out to the masses.

Today’s marketers are living in the best financial times.  They have the opportunity, and because of online marketing, the total number of opportunities available is almost mind boggling. Any marketer that does not have at least three different income streams is missing the boat.  Only marketing a single product or service is grossly inefficient and limits their total income potential.  As with the true direct salesman, the more products one can offer, the better the chance of putting money in your pocket.

If you don’t have multiple income streams of income, it’s time to get with the program.  Your financial health is at risk.  To add a new income stream, go to: http://www.Millionaire-Marketing-Plan.com If you are interested in adding new life and marketing to your existing business, Bill can help at: http://www.MLMIntegrityMarketing.com


Post to Twitter