Saturday, July 24, 2010

Absurd concept of duplication in MLM

Duplication in MLM has received so much positive push. Most Upline would suggest that their brilliancy in network marketing experience is the only proper way to do in order for you to be successful; all you have to do is to follow what they’ve told you and “be coachable” (sounds familiar?). Why so much good press on duplication?

Duplication is not quite important as others believe, in my opinion. Entrepreneurs are by their very nature innovative, creative and individualistic. One of the biggest fallacies in MLM is that we should attempt to force creative people to use systems which they don’t line and often can’t copy. Let’s face the fact that entrepreneurial innovation, not organization duplication that works is important.

Sunday, July 18, 2010

Undercapitalized business---and you’re dead!

I have bought my business for PHP 100,000 investment. Amongst all of my business, this is the most expensive one. (For a starter like me).This is actually my 3rd business. My first business started at PHP4, 000 and my 2nd started around PHP50, 000. Both did not need huge amount of money since it requires services. The day came when I decided to invest to this company worth PHP100, 000 using other people’s money.  So I borrowed from my mother and I handed over the cash to the cashier and purchased my products and suddenly I was running my own “new business”. I felt pretty pleased with myself!

Monday, July 12, 2010

See How Easily you can be Scammed in Facebook

Everybody knows about this site, who doesn’t?   Facebook is a great way to meet friends and keep up on what they are doing. Once you add a friend to your Facebook friend list you will always know when they are adding things to their blog or updating their profile. The website currently has more than 400 million active users global.  As Facebook has developed in name, it has also become a main aim for hackers and spammers. An increasing number of Facebook users are having their accounts affected. Each newly compromised account is then used by the hackers and scammers to spread their scam further. If you are caught off guard for a second, you may have the possibility to fall for one of these scams.