Why would you want to borrow a stock market lesson plan from someone else? Let me start by saying that a trading plan is only beneficial if you stick to it. Following your project will help you succeed, yet many traders ignore their carefully devised stock market lesson plans. Instead, they become so emotionally immersed in a trade that they disregard any warning indications. Remember that when the market corrects itself, which it always does, no position is exempt, no matter how vested your ego is in it. Many investors have stock market lesson plans in place, and they will continue to hold their positions even if their portfolio values are slashed in half. This is because they may be afraid of missing out on a big profit or being in such deep of a loss that they can't possibly sell at that time. However, even if you believe that all positions will return from their failures, which is unlikely, this is a lousy strategy to trade. When you invest too much money, your rate of return ...
For MLM, we are in the best of times and the worst of times... Job opportunities are sparse, and many people are facing job insecurity. The impact of time and economic independence, which used to be what gave us our "sex appeal" as an industry, has transformed. Regular positions occasionally include flextime, putting a J-O-B on par with our industry. However, the financial independence they seek has proven elusive for many, whereas a salary, no matter how meagre, is predictable.
Consider the following questions: 1. What is the future of your company? (Mission statement, leadership, issues of honesty, etc.) 2. What is the purpose of your life? 3. Do you have a genuine, dependable role model who steadfastly commits to the organization and its mission? 4. Is your "mentor" succeeding at the level you desire? 5. Who do you want to reach out to? 6. Without the remuneration, how enticing does your product/service appear? 7. Is it about "you" or "them" that you put the most focus on? 8? How do you intend to change your lifestyle if your income doubles? 9. Do you have a well-defined work plan for achieving your immediate and short-term objectives? 10. Do you have enough faith to persevere in setbacks and disappointments? 11. Are you willing to work your way up from the bottom? Do you have a lot of patience? These questions should assist you in determining what you want and what you're willing to give up to get it.
When you first start this business, you'll experience Bun Syndrome. My husband, Taylor Hagan, and I always have "a lot of buns in the oven," as we call it. We have "buns going in" (new distributors), "buns cooking" (starting builders), "buns browning" (leaders maturing), and "buns leaving the oven" (leaders developing) (advanced leaders on the way to millionaire status). We expect our team members to participate in leadership mentorship and follow through on commitments independently because we are not in the "convincing business." I'd like to recommend John Maxwell's The 21 Irrefutable Laws of Leadership, a book from which I've gained insights and extended my thinking. You can visit at www.exchangebuz.com for more information.
"If you keep thinking the way you've always thought, you'll keep getting the same results," ask yourself. Is that enough?" As I continue to remake myself as an industry leader, I've realized that I can't expect others to accomplish things I'm not doing right now or keep up with the pace I set. Even though we have earned over five million dollars with our firm and worked our way up to the number one distributorship production level, we still execute all elements of the business and frequently field tests to determine what is effective in today's industry.
Nothing works 100% of the time, but it works in some cases. We must continuously look for new strategies to expand as the economy fluctuates. You must be open to new ideas and willing to commit to a three-year industry internship. Then prepare for one of the most thrilling adventures of your life.
MLM is a gratifying, exciting, lucrative, creative, non-discriminatory, people-oriented, and ever-changing enterprise. If you're looking for a profession with no boundaries, you've come to the right spot. As a former school teacher, I have to pinch myself when considering Taylor and I's current lifestyle. I now produce more in a month than I did in a year. Remember this while you ponder your MLM future: "You cannot be anything greater than you are within." If you genuinely want to become a millionaire in this business, your mindset and behavior must reflect financial success. Remember:
"likes" attract "likes", and "winners" gravitate toward other "winners." There is room for you in our MLM winners' circle if you earn your rightful place by becoming a top producer. It is all about LUCK: Labouring U under Certain Knowledge. The best part is--- you create your luck.