Here’s my article about Bridge Loans and Contingency Clause on Sales Contracts.
Planning on purchasing a new home but haven't sold the old one?
Are you relocating to another state and need more time to sell your current home?
Bridge Loans is your best option. Although most Lender's offer this program for commercial loans, but some banks would have this on their product for residential properties.
Some features of a Bridge loans:
• Convenience: You don't have to wait until your current house is sold to obtain financing for your new home
• Less financial burden: You are only responsible for writing monthly payment checks on the new property during the first six months of the Bridge loan term.
• More home: The mortgage payments on the listed property are not used to qualify you for your new loan.
• More time: Provides you up to twelve months to sell your existing property
• Certain restrictions may apply to property location, and your credit score call for details.
This Program is Best for:
• Borrowers with high debt ratios due to two different mortgage payments.
• Homeowners who are relocating and haven't had time to sell their current home.
• Move-up buyers who don't qualify for financing two mortgage payments.
The Bridge Loan is the perfect answer for those borrowers who want to close on a new home but haven't sold or closed on their current home.
Utilizing the equity in your old home to finance the purchase of your next home, can definitely ease your monetary burden.
Don't delay, you can buy that new home sooner than you thought!
Mortgage Contingency Contract and Sales Contingency Contract is another option.
This contingency indicates that the agreement is dependent on your ability to obtain a mortgage, or other form of financing within a given time period. If this does not occur and both parties agree, the time to obtain financing may be extended. If not, the agreement may be terminated in writing. Talk to your real estate lawyer about this clause in the contract.
Mortgage approval and sales contingencies can be practical protection for buyers, except the lucky few who have cash on hand.
A contingency is a condition that has to be satisfied before there is an obligation to the purchasing party.
With a sales contingency, a buyer qualifies his obligation to purchase by making it contingent on the sale of his property by a certain date.
If buyers are concerned that their home won't sell in time for the closing on their new home -- allowing them to use the proceeds from their sale -- they should include a sales contingency in their purchase contract.
When sellers accept an offer with a sales contingency, they typically continue to show their home to other buyers. Under the terms of many contracts, if a better offer comes along, the seller can give the first buyer a specified time to lift the contingency or lose the home.
Without a sales contingency, though, a buyer may need to proceed with the purchase or stand to lose his earnest money.
Timing a home purchase is critical when you still own a home that could potentially hang in the market, you'll end facing two mortgages if you don't take advantage of the options available.
A program that will let a buyer pull out money from his former home and immediately using it to pay down the cost of the new home has only strategic advantage to offer.
Experts say mortgage contingencies are becoming more common -- even in brisk markets -- and have less potential to derail a transaction.
Because it's impractical for home shoppers to venture out without an idea of their price range, many buyers make a preliminary visit to a lender.
With a cursory review of a buyer's financial standing, a lender can provide an idea of how big a mortgage the buyer can afford.
But that isn't ironclad, so when a buyer places a contract on a home, it's usually contingent on the buyer receiving a loan at a specified amount and rate within a certain time frame.
Though most buyers don't encounter a hitch, there are some financial minefields that can derail the mortgage approval, like a buyer who loses his job before closing.
In an environment where interest rates rise quickly, a mortgage contingency can protect buyers who couldn't afford a purchase with a loan above a certain threshold.
If you are in this kind of sticky situation then talk to me...jocfncom@gmail.com
By Joel Inocencio
Synergy Marketing Group, LLC NY/NJ
We do loans in 49 states, except Rhode Island.
Tuesday, August 08, 2006
Sunday, August 06, 2006
Baby Boomers Dilemma...How To Retire Comfortably!
WARNING: This is an information that could change your mind set over home base business. It'll take up perhaps 20-30 minutes of your time reading...
They said...I should not give all the information here...I should keep the 'creme of the crop' off this page...so I can stir up curiosity...thay said curiosity arouses intensity.
I don't dispute that, but for what! Give you a little bit info here and there, then waste your time to link somewhere!
I have to be fair...if you think you have no time for these then you won't have time for anything anyway...at least at this moment.
So I'm giving a fair warning because I really wanted to get your attention...right NOW!!! And if you don't have time now then you may mark this on your favorites and read it next time...
Got time? Let's begin...
Here's an eye opener...most people are on a collission course for financial disaster when it comes to their golden retirement years and most are in denial of it...Statistics revealed that 54% of Americans retire broke at the age of 65. By the way this is back in 1998 stat, but I'm aware that it's 2006 now.
Most people think that as long as they can meet their daily needs, able to pay their
minimum bills on time they should be OK when they wake up the following morning.
Because of the denial most don't even consider what's going to happen in the next 10 years or consider where they're gonna be if and when they muster the courage to retire.
Study shows that it is more expensive to sustain our financial needs when we get old and needed more assistance than we we're youger...and with all the technological breakthroughs that are discovered everyday, we are all bound to live, perhaps 10 years longer than the elders now.
Can you imagine extending your life 10 more years without sufficient funds?
The point I'm making is that whatever you're doing now, you should focus your goal in getting involved with a venture that will provide security into your retirement account...and the best and quickest way to do that is Network Marketing...the residual income...not the overnight riches!
Is the company you're involved with has a plan designed for retirement?
If it has, then do you think you will earn more than what you're earning now?
Because funding a retirement can be expensive, especially if we have the thinking that most of the thigns we want to do now, we set aside when we retire.
Like taking a cruise,( I'll do that when I retire..)
Going to different places ( I'll do that when I retire..)
And on and on...unless you want to live off the rest of your life in your house paying your bills, and calling Joe the handyman specialist to do errands, fixing and cleaning for you.
Does your company truly deliver the residual package that we so deserve to get, after spending our blood, sweat and tears?
If your retirement fund is half less than what your earning now...then you could be in trouble...imagine if you have a hard time meeting both ends now...because there's too much month at the end of your money...with the cost of inflation, your retirement income may just be enough to buy you a cone for ice cream, of course without the cold creamy stuff.
Think about it seriously...there's no time to play around with mediocre business that just spoils your time...you end up spending more money month after month without making a profit at all or if you do...a meager cents in a dollar.
Let me introduce you to a Network Marketing Business with a conpensation plan design for every level to earn an income that will not only sustain your current financial needs but could propel your retirement package in as short as 5 years or even less.
People say, Network Marketing is design on a pyramid system.
So as the other multinational companies or corporations worldwide and even the government institutions.
In a world of order and discipline, you have to have top leader running the show from the top (of the pyramid)to rule and lead the people, so that the operation runs smoothly.
I agree that some Network Marketing's compensation plan is design to make money on the lower level entry...and that, I call "ponzi" and it's illegal.
And If they say that no matter what! It's always those on the top that makes the money most.
Of course, those guys have invested their time and effort and prove that they are worth their position so now they are making more money...In what corporate world does a newbie get to the top position immediately after getting hired?
Unless your father is the CEO or President of the company, or you have years of experienced in your resum'e.
In the real world sense each newly hired will not be given the income level of a manager...that wouldn't be fair and realistic.
The Network Marketing company that I'm talking about here has a payout plan that starts on entry level but your earnings are dependent on your efforts. You don't get promoted by rubbing elbows with the Pres., you'll get promoted by your production.
And your sponsor who gets promoted whenever you are promoted will bust his/her chaps just to get you up to a higher level because he/she has vested interest on your growth.
Now don't you think that's a great support system? There is no crablike mentality here...crabs pulls their colleagues back whose trying to get out of the container...and that's a typical corporate world scenario...where promotions are littered with controversy and jealousy.
In these company You have the opportunity to start making money as you are trained and at the same time automatically funding your retirement account using geometric growth and leveraging other peoples effort.
This is On the Job Training, with no restrictions to your income potential.
You even get to build your own team immediately as you learn to navigate the ropes, without needing to hire an employee.
The company has design a compensation plan that helps you build a retirement package as your teams production grows consistently...
A network marketing that is design to attract commitment by providing affordable health benefits plan for qualified members.
Don't get fooled though by the thought that this business will make you rich while your laying on your couch...like any other network marketing business, this will require investment of skills, time and serious effort.
This is a serious business and I treat it as such. It is a great part time income to supplement your income while your building your new venture.
I started part time and now I'm confident in taking this to a higher level because my family's future is at stake on this venture.
At least I don't need to invest tons of my financial resources...
We all have skills, time, and effort to invest...so we don't need a lot of money to start working on our retirement plan.
No stocking of inventories, no autopurchase necessary, no recurring subscription or monthly fees, no franchise fees...Just one time investment.
If you have been a member to a Network Marketing Company, currently or previous;
At the most, you are required pay a sign up fee and a monthly membership, plus you'll have to purchase a certain amount of product to qualify for a commission, month after month.
It may just be an initial 10-30 dollars investment, but that'll add up in a year or two.
I know that it cost me 50 bucks to sign up, and initially purchase a product of 300 dollars that I don't really need plus I'm required an auto purchase of $65 dollars/month to qualify for the volume and my downline would have to do the same before I could earn a commission.
Now that takes a lot of money and commitment. In a way it makes good business sense because it'll push you to get up and work to recoup your money, but what if you don't have much money to invest and you don't have a market, not to mention any marketing skills.
Plus prospecting requires some cost for advertising, for a so, so exposure.
And if you want to really engage in heavy exposure marketing...you can forget about it. You'll be draining your savings faster than you could flush an ant off of your ...you know what I mean...'bowl'.
That's adding up really quickly, you think!
That's not a small investment, unless you're returns are enormous with little effort.
I spend that much money just to be an insider and learn how they operate as a network marketing company. So I am fully aware of what is going on with these company's...in comparison our company is completely different.
Here is a company that stand out among the crowd of perhaps over 4,000 network marketing company that are currently in operation.
Check the site... Your Easy Route to Retirement...
Our corporate headquarter is located in NJ and our branch offices are in the Tri-State area, Oregon and Florida but we are license to operate in all 49 States.
And we are actively seeking serious networkers to begin our expansion in other states.
Be the first on your state...and If your from the Tri-state area then meet with us in person so we can provide you with all the necessary tools to quickly build your team..
I'm putting a monetary challenge here for serious networkers as my public
announcement ...
I've set up my own marketing strategies and tools for my own team...I want to make it easier for all my team partners...sooo easy that each partners will feel like we're all shooting ducks in a barrel...
I have a marketing strategy that'll turn tire kickers into bulldozers in under 12 months...
I'm offering to partner with serious network marketers in the Mortgage Industry or any other network marketing industry… think about adding another business to your retirement plan...
Our company’s name is Synergy Group… we do business in all 49 states, except Rhode Island…we’ll have our license in that state soon.
This is something you can truly operate at home, I do most of the traveling because I’m a trainor in the company and I do business presentations.
You don’t need a license to do loans in most states, although some would require a solicitation form or certification.
Example NJ requires a one time fee of 100 dollars to originate loans and Connecticut has their own certification requirements, but they are pretty easy to acquire except NC where you have to go there physically and take a test mu.ch like taking a real estate agent licensing.
All this state requirements are found in the corporate website.
The fee to join the company is now being offered at $95.00 one time fee (For lifetime membership) and will increase to $ 195.00 on Aug 31st.
And the Company do not require additional purchase of Starter Kits or training materials...so don't worry your creditcard or pocket will not be stripped of any additional fees once you sign up...No BS back-end product, no training kits to be purchase...Just straight to the cut, report your sign up ID to your upline like me and I'll get you down to the nuts and bolts immediately.
After sign up, I'll provide you with the information and documents necessary to start your business.
And here’s an offer to make it easier and risk free for you.
Since I cannot offer a money back guarantee because of lifetime membership.
The incentive to my new partner is a gift of 100 dollars if he/she could sign up at least 10 more members under his/her team in the next 30 days.
Making it a zero investment. And 5 bucks profit in under 30 days.
Or if you as my new partner have an application (personal or referral, I will pay you back the sign up fee after the closing. Just to show that you're commitment is honored.)
Plus as an incentive bonus for you to attract new clients, you can offer this deal as your marketing strategy at my expense…
A 100% rebates for the appraisal fee on your personal or referral loans and additional bonus rebate for the processing fee of $ 595 ( a cost included at the closing by every lender as a service fee) or a gift of 27” LCD flat screen TV after the commission is disbursed. ( Minimum Loan amount of 300,000 to qualify for this offer, sorry I don't do HELOC's).
So if you or your client is buying a new house, you're/they’re moving in with a new TV; refinancing also gets these limited time deal.
That’s over a thousand dollars of gifts, not to mention that we have an extremely competitive rates and a variety of loan programs.
These offer is critical to give you as my new partner a good kick up start a chance to attract new clients, blow your competition away.... all at my expense, this is going to start now until the next 60 days…
I don’t know of anyone else that offers this kind of incentives for doing business with them.
So from the get go, my new partners are already benefiting from my offers for your clients, making your marketing effortless.
As my new partner in the business…the commission starts at 20% and goes up to 35% on next level, then 50% up to 85% on the executive level, plus generous bonus incentives.
So we’re talking of thousands in a single transaction, as a part time income…imagine this earning on your free time?
Think about how much money you can bring if you do it full time?
It's a simple system all you need to do is recommend the servcie to your friends and relatives or acquaintance and let them know that there is a Mortgage Company that has this deal, have them fill up a no commitment, no obligation, no string attach application and if they qualify and agree with the rates and programs we offer for them that’s the only time we start the process...then you’ll fax the application to me, I run a credit check and present the scenario to the bank, in the same day will get an approval and a commitment for the loan.
Much like recommending a movie to a friend that you're not even getting paid for advertsing the word of mouth.
Taking the application and collecting the documents only takes about 15 minutes, if your client provides the necessary documents in a timely manner, the process can only take several days.
These transactions can yield a thousand.. in an effort that probably took you 2 hours altogether...imagine getting paid 500 bucks an hour?
In an average loan amount of $ 300.000 dollars with a 2% average commission can generate as much as $6,000.00 less administrative fee, lets just round it up to
$ 5,000 and you get 20% as a new partner, you’ll get paid a thousand dollars.
I think that’s the easiest part time income… and it gets even better because if you add 3 new partners into your team you are now building a business of your own and your compensation goes up to 35%.
All the trainings necessary for your downlines is not even your concern to handle because it is my responsibility until I get you to a team coordinator level which is 50% compensation, by then you should already be an expert and you can pretty much handle the stirring wheel; but of course, you still have all my support because I have a vested interest in your team building…
You have to remember, everytime you go up one level I get promoted myself…So there is an incentive for me to support your team in this business.
At this level your average override commission should be between 500 to a thousand from each of your member that closes a loan.
Can you imagine if all your network members joins you in this venture.....you will be an instant success.
If you already have hundreds of team members with an average 500-1000 dollars override for each loan closed…they only need 1 loan a year ( that’s a pretty lousy production), you’ll have that kind of part time earnings. 50K- 100K part time!
You can now just focus on building up your teams momentum and provide tools for their marketing so they become more productive.
The more money they make, the happier they are, the healthier your bank account will be.
This is the kind of compensation plan that let’s me give up a part of my 90,000/annual job…I’m only doing part time now.
Why don’t I want to give up my job yet?
Because I have to stay in touch with my co-workers, they are my free leads and referral system.
In these kind of business, our product is a must have, we don’t beg for people to do business with us...we just lay out all the benefits before their eyes and let them pick on it.
This year is going to be a blast...it’s the buyers year...a lot of properties are dropping their prices…realtors MLS are overflowing up on the brink, those homeowners that are stuck with the ARM programs are now maturing and soon they’re rates are going to be spiralling out of control so they would want to refinance to a fixed rate.
It’s a very good timing to be in these business.
See I’m a nurse by profession and I work in the busy ER in Bronx, NY. I love what I do for the last 15 years, but I’ve got to move on, the money I’ve invested in this company is nothing compared to what I’ve learned. Even if I don't engage in the business, knowing that my membership helps me save a lot of money and wisely manage my real estate investment properties, is already a win-win-win situation.
Look, It took me 4 years and thousands of dollars to earn my degree and start a 30K salary job until the years added up and now I’m on a higher level,(sounds familiar? much like a pyramid! wasn't it?) but I will never earn a 7 figure income doing nursing, neither I can bank on my benefits plan for my retirement years.
Or if I take a course on a mortgage class it would have taken me 1 year and thousands of dollars invested just to learn the basics, even the real estate agent class would cost you hundreds to a thousand dollars to get your certification and no offense...to all new agents and brokers, but it’s a common practice that your first year as a junior, your broker/boss will take you in as a taxi driver to drive their customer around for house viewing, as part of the training.
Look everything is pyramid, most entry level starts at the bottom.
If you know Lauren Green, she's the beautiful news lady at Fox News, she'd won the title for Miss USA before becoming a journalist and yet she took in an apprentice job before she became a regular host on that News Channel...( hmmmm...sound familiar? Much like a pyramid scheme huh!)
As new graduate, even if you came from an IVY league school, you have got to start at the bottom and work your way up to the top, and hopefully you'll get there sooner if you're smart and lucky.
If you think of starting your own business...You would likely need a high start up capital...spend more time on a marketing (that's does not guarantee any yield, even stock investment would have you on the edge, unsure about where the economy is heading for, or if you buy a franchise...
You would have to spend a huge investment for capital and invest more time hoping that returns will yield profit, who knows how long...and it would cost you recurring fees and percentage fee from whatever profit your business will generate.
Or You could spend a thousand dollars on a brick and mortar store, and be a slave to your business...You'll have to be there to open the store, until it closes, take inventories, payroll for employees and provide health benefits.
Or You could spend a buck or ten on internet marketing competing against gazillions of computer geeks and webmasters or perhaps an online network marketing, that's probably being operated by a bunch of hustlers somewhere in their comfortable mansions or tiny offices in India or Far East Asia.
I've read an article that pay-per clicks are a hot homebusiness in India for house wives trying to make a living at home clicking ads and getting paid for doing so...and the poor marketer here pays for those people that clicks on their ads ignorant of the fact that they are not getting a real traffic...This is unconfirmed findings but it's worth investigating.
I just decided to stay away from that form of ad campaign.
A buck or ten every month will eventually add up...and if your lucky you'll probably make cents in a dollar profit...if you have 100 more years before retiring then I think you can do it as slow as that...
With the business concept of Synergy Marketing Group, we revolutionize the techniques in the mortgage industry, a $ 95.00 investment is a steal, the money I’ve save from my own property surpassed my investment over 1000% plus I’m making more money now with the business.
This may sound like a hype…but it’s not. I’m not promising you overnight millions.
The potential earnings here is only limited to your own efforts, you’re gonna be paid for what you are truly worth.
You spend more time to grow your business! You’ll earn more money.
You spend less time, you’ll earn less money...
It’s pure common sense, money does not grow on trees, but even if they grow in trees you still have to climb up to pluck it.
But the marriage of the product and the marketing strategy plus compensation plan is a win–win deal.
I’ve been a member to some online network company that I’m paying a monthly fee and it’s not earning me a dime..I don’t even remember them, it’s costing me money every single month and it’s not making me any profit.
Not that they’re product sucks or their system failed, I think it’s because it does not provide a better incentives, and support systme.
If I have to spend my time that way, I'd be like trying to get a shot of the moon using a slingshot.
I'd rather work my regular job, and get paid $ 49/hr..
Why would I spend my time marketing a product that will pay me commission cents in a dollar? That’s not what I’m worth!
And I think that’s not what you’re worth either.
Enough talk...let's get into hard core no holds barred deal...
And here’s what I promise in BIG BOLD letter...
If you truly have built a network in your team then take up this challenge; sign up your 100 people or even 50...
Then I will go to whatever state you are in, I will do the Business Presentation…and bring with me key leaders of the company to personally congratulate and support you…
We may even open a branch office in your state for you.
Or you can choose to come to NY…airfare and hotel accomodation is on me (Get 50 sign ups in 30 days regular economy class, 100 sign ups in 30 days, business class), and 3 days of accommodations on a 5 Star Hotel for you to attend our business meeting here and you get to meet everyone including our founding partners (yes you’ll get to rub elbows with everyone here because we work on the same level), see our branch office and you’ll see how we work things out.
That’s a pretty bold deal……that’s how top caliber networkers suppose to be treated...
I treat you guys like prince and princess and I ain’t kidding. Who else can offer such…if there is any, let me know and I’ll join them.
If some people think that my offers are outrageous, we’ll I don’t blame them because if they cannot offer this kind of deal, then they really don’t have much to offer.
Yes I'm outrageous!!! What do you expect.
Marketers are outrageous people, but one thing that separates me is that I don't talk BS and false promises.
If you want to be heard, known or stand out in the crowd...you've got to be outrageous..but be prepared to support your claims and deals...deliver your promise.
I don't use any of those 'PSYCHO TACTICS CRAP' to lure a prospect or client! I say it as it is...that's it. They don't like it, fine. Somebody will!
After all I'm doing them a favor with the benefits that I'm offering. If they can do the same then fine let's race to the end.
All I can say is that I talk the talk, and walk the walk…and I do what I speak.
If all this things I’m talking about does make sense to you… pls. let me know otherwise...if you don’t want to add this venture into your line of business then I sure hope that we continue with our correspondence and share the secrets to our success.
I've come accross networkers who are boasting a sign up of 100's or even thousands a month and yet they couldn't meet this challenge I'm bringing up...maybe they really don't have those numbers of downlines in their network...they just want to believe that they do...
Me, I don't have thousands or even hundreds at this point...so I don't have anything to bragged about...but I have a no BS business proposition, it's up to you to step up to the plate, but you've got to prove to me that what you claim is what you really have...Bring in your network team and I'll give you this extremely lucrative deal.
Let us separate the dreamers from the achievers here...I'm tired of all the talking...let's get to work...and I want to meet with you all heavy hitters and trust me...I ain't talking BS here.
Dreamers keep dreamin...Doer's and achievers talk to me...
Here is the company’s site http://www.teamsmg.com and my ID number is A1016.
We need serious networkers who have active downlines to join our team, we do the loan officer/originator training for your team, we process and closed your leads...that's what we are good about...
You just continue hiring/recruiting and keep building your own business while we do the hands on process and literally run the business for you.
Experienced loan officers are welcome to join and get a preferred package offer. So if your pipeline is dry and your still busting your chaps with cold calling...it's time to put a stop on that silly marketing strategy...we'll teach you how to fill your pipeline with endless leads...
If you think you can beat my offer of rebates on apparaisal plus FREE LCD TV and some bonuses then good luck in helping your clients...
Experienced processors all also invited to join the team or get hired as part of the processing team. You'll get paid a handsome fee of 300-400 per transaction closed and get paid to structure a loan application per file.
This could potentially earn you thousands...With the numbers of originators we have at the moment and continue to add up each day...we will soon be closing hundreds of loans a month from our average 25-30 at this time.
So if you're serious about your retirement plan...then stop playing around with your time...and if you really have build a strong downline on your network then it's time to put them on higher gear and start cranking up the profits...
It's a buyers market this year...people who have Adjustable rate Mortagages are bailing out of their mature ARM program to go to fix rate and homeowners whose credit card debts that are spiralling out of control are pulling out their home equity to clean up their debts.
I don’t believe in pressure tactics, I want my partners/clients to have their choice, I don’t force my product or service to those who doesn’t want it.
If you think that you won’t benefit then think again and if you still think that you have the perfect business in your hands then good luck to you.
And I'll see you at the top.
I'm offering this opportunity to make some money and I'm extending the opportunity to parties interested to make money as well with all my support and marketing tools and strategies...
Simple as that…
Here’s my number (914) 661-6808 and my e-mail. jocfncom@gmail.com
Talk to me in person...I don't hide behind autoresponders or e-mail address...I'm a real person with a straight forward no holds barred deal...Take it or leave it...
Joel Inocencio
Serious networkers may contact me at jocfncom@gmail.com
Joel
http://www.creativefunding.us
WARNING: This is an information that could change your mind set over home base business. It'll take up perhaps 20-30 minutes of your time reading...
They said...I should not give all the information here...I should keep the 'creme of the crop' off this page...so I can stir up curiosity...thay said curiosity arouses intensity.
I don't dispute that, but for what! Give you a little bit info here and there, then waste your time to link somewhere!
I have to be fair...if you think you have no time for these then you won't have time for anything anyway...at least at this moment.
So I'm giving a fair warning because I really wanted to get your attention...right NOW!!! And if you don't have time now then you may mark this on your favorites and read it next time...
Got time? Let's begin...
Here's an eye opener...most people are on a collission course for financial disaster when it comes to their golden retirement years and most are in denial of it...Statistics revealed that 54% of Americans retire broke at the age of 65. By the way this is back in 1998 stat, but I'm aware that it's 2006 now.
Most people think that as long as they can meet their daily needs, able to pay their
minimum bills on time they should be OK when they wake up the following morning.
Because of the denial most don't even consider what's going to happen in the next 10 years or consider where they're gonna be if and when they muster the courage to retire.
Study shows that it is more expensive to sustain our financial needs when we get old and needed more assistance than we we're youger...and with all the technological breakthroughs that are discovered everyday, we are all bound to live, perhaps 10 years longer than the elders now.
Can you imagine extending your life 10 more years without sufficient funds?
The point I'm making is that whatever you're doing now, you should focus your goal in getting involved with a venture that will provide security into your retirement account...and the best and quickest way to do that is Network Marketing...the residual income...not the overnight riches!
Is the company you're involved with has a plan designed for retirement?
If it has, then do you think you will earn more than what you're earning now?
Because funding a retirement can be expensive, especially if we have the thinking that most of the thigns we want to do now, we set aside when we retire.
Like taking a cruise,( I'll do that when I retire..)
Going to different places ( I'll do that when I retire..)
And on and on...unless you want to live off the rest of your life in your house paying your bills, and calling Joe the handyman specialist to do errands, fixing and cleaning for you.
Does your company truly deliver the residual package that we so deserve to get, after spending our blood, sweat and tears?
If your retirement fund is half less than what your earning now...then you could be in trouble...imagine if you have a hard time meeting both ends now...because there's too much month at the end of your money...with the cost of inflation, your retirement income may just be enough to buy you a cone for ice cream, of course without the cold creamy stuff.
Think about it seriously...there's no time to play around with mediocre business that just spoils your time...you end up spending more money month after month without making a profit at all or if you do...a meager cents in a dollar.
Let me introduce you to a Network Marketing Business with a conpensation plan design for every level to earn an income that will not only sustain your current financial needs but could propel your retirement package in as short as 5 years or even less.
People say, Network Marketing is design on a pyramid system.
So as the other multinational companies or corporations worldwide and even the government institutions.
In a world of order and discipline, you have to have top leader running the show from the top (of the pyramid)to rule and lead the people, so that the operation runs smoothly.
I agree that some Network Marketing's compensation plan is design to make money on the lower level entry...and that, I call "ponzi" and it's illegal.
And If they say that no matter what! It's always those on the top that makes the money most.
Of course, those guys have invested their time and effort and prove that they are worth their position so now they are making more money...In what corporate world does a newbie get to the top position immediately after getting hired?
Unless your father is the CEO or President of the company, or you have years of experienced in your resum'e.
In the real world sense each newly hired will not be given the income level of a manager...that wouldn't be fair and realistic.
The Network Marketing company that I'm talking about here has a payout plan that starts on entry level but your earnings are dependent on your efforts. You don't get promoted by rubbing elbows with the Pres., you'll get promoted by your production.
And your sponsor who gets promoted whenever you are promoted will bust his/her chaps just to get you up to a higher level because he/she has vested interest on your growth.
Now don't you think that's a great support system? There is no crablike mentality here...crabs pulls their colleagues back whose trying to get out of the container...and that's a typical corporate world scenario...where promotions are littered with controversy and jealousy.
In these company You have the opportunity to start making money as you are trained and at the same time automatically funding your retirement account using geometric growth and leveraging other peoples effort.
This is On the Job Training, with no restrictions to your income potential.
You even get to build your own team immediately as you learn to navigate the ropes, without needing to hire an employee.
The company has design a compensation plan that helps you build a retirement package as your teams production grows consistently...
A network marketing that is design to attract commitment by providing affordable health benefits plan for qualified members.
Don't get fooled though by the thought that this business will make you rich while your laying on your couch...like any other network marketing business, this will require investment of skills, time and serious effort.
This is a serious business and I treat it as such. It is a great part time income to supplement your income while your building your new venture.
I started part time and now I'm confident in taking this to a higher level because my family's future is at stake on this venture.
At least I don't need to invest tons of my financial resources...
We all have skills, time, and effort to invest...so we don't need a lot of money to start working on our retirement plan.
No stocking of inventories, no autopurchase necessary, no recurring subscription or monthly fees, no franchise fees...Just one time investment.
If you have been a member to a Network Marketing Company, currently or previous;
At the most, you are required pay a sign up fee and a monthly membership, plus you'll have to purchase a certain amount of product to qualify for a commission, month after month.
It may just be an initial 10-30 dollars investment, but that'll add up in a year or two.
I know that it cost me 50 bucks to sign up, and initially purchase a product of 300 dollars that I don't really need plus I'm required an auto purchase of $65 dollars/month to qualify for the volume and my downline would have to do the same before I could earn a commission.
Now that takes a lot of money and commitment. In a way it makes good business sense because it'll push you to get up and work to recoup your money, but what if you don't have much money to invest and you don't have a market, not to mention any marketing skills.
Plus prospecting requires some cost for advertising, for a so, so exposure.
And if you want to really engage in heavy exposure marketing...you can forget about it. You'll be draining your savings faster than you could flush an ant off of your ...you know what I mean...'bowl'.
That's adding up really quickly, you think!
That's not a small investment, unless you're returns are enormous with little effort.
I spend that much money just to be an insider and learn how they operate as a network marketing company. So I am fully aware of what is going on with these company's...in comparison our company is completely different.
Here is a company that stand out among the crowd of perhaps over 4,000 network marketing company that are currently in operation.
Check the site... Your Easy Route to Retirement...
Our corporate headquarter is located in NJ and our branch offices are in the Tri-State area, Oregon and Florida but we are license to operate in all 49 States.
And we are actively seeking serious networkers to begin our expansion in other states.
Be the first on your state...and If your from the Tri-state area then meet with us in person so we can provide you with all the necessary tools to quickly build your team..
I'm putting a monetary challenge here for serious networkers as my public
announcement ...
I've set up my own marketing strategies and tools for my own team...I want to make it easier for all my team partners...sooo easy that each partners will feel like we're all shooting ducks in a barrel...
I have a marketing strategy that'll turn tire kickers into bulldozers in under 12 months...
I'm offering to partner with serious network marketers in the Mortgage Industry or any other network marketing industry… think about adding another business to your retirement plan...
Our company’s name is Synergy Group… we do business in all 49 states, except Rhode Island…we’ll have our license in that state soon.
This is something you can truly operate at home, I do most of the traveling because I’m a trainor in the company and I do business presentations.
You don’t need a license to do loans in most states, although some would require a solicitation form or certification.
Example NJ requires a one time fee of 100 dollars to originate loans and Connecticut has their own certification requirements, but they are pretty easy to acquire except NC where you have to go there physically and take a test mu.ch like taking a real estate agent licensing.
All this state requirements are found in the corporate website.
The fee to join the company is now being offered at $95.00 one time fee (For lifetime membership) and will increase to $ 195.00 on Aug 31st.
And the Company do not require additional purchase of Starter Kits or training materials...so don't worry your creditcard or pocket will not be stripped of any additional fees once you sign up...No BS back-end product, no training kits to be purchase...Just straight to the cut, report your sign up ID to your upline like me and I'll get you down to the nuts and bolts immediately.
After sign up, I'll provide you with the information and documents necessary to start your business.
And here’s an offer to make it easier and risk free for you.
Since I cannot offer a money back guarantee because of lifetime membership.
The incentive to my new partner is a gift of 100 dollars if he/she could sign up at least 10 more members under his/her team in the next 30 days.
Making it a zero investment. And 5 bucks profit in under 30 days.
Or if you as my new partner have an application (personal or referral, I will pay you back the sign up fee after the closing. Just to show that you're commitment is honored.)
Plus as an incentive bonus for you to attract new clients, you can offer this deal as your marketing strategy at my expense…
A 100% rebates for the appraisal fee on your personal or referral loans and additional bonus rebate for the processing fee of $ 595 ( a cost included at the closing by every lender as a service fee) or a gift of 27” LCD flat screen TV after the commission is disbursed. ( Minimum Loan amount of 300,000 to qualify for this offer, sorry I don't do HELOC's).
So if you or your client is buying a new house, you're/they’re moving in with a new TV; refinancing also gets these limited time deal.
That’s over a thousand dollars of gifts, not to mention that we have an extremely competitive rates and a variety of loan programs.
These offer is critical to give you as my new partner a good kick up start a chance to attract new clients, blow your competition away.... all at my expense, this is going to start now until the next 60 days…
I don’t know of anyone else that offers this kind of incentives for doing business with them.
So from the get go, my new partners are already benefiting from my offers for your clients, making your marketing effortless.
As my new partner in the business…the commission starts at 20% and goes up to 35% on next level, then 50% up to 85% on the executive level, plus generous bonus incentives.
So we’re talking of thousands in a single transaction, as a part time income…imagine this earning on your free time?
Think about how much money you can bring if you do it full time?
It's a simple system all you need to do is recommend the servcie to your friends and relatives or acquaintance and let them know that there is a Mortgage Company that has this deal, have them fill up a no commitment, no obligation, no string attach application and if they qualify and agree with the rates and programs we offer for them that’s the only time we start the process...then you’ll fax the application to me, I run a credit check and present the scenario to the bank, in the same day will get an approval and a commitment for the loan.
Much like recommending a movie to a friend that you're not even getting paid for advertsing the word of mouth.
Taking the application and collecting the documents only takes about 15 minutes, if your client provides the necessary documents in a timely manner, the process can only take several days.
These transactions can yield a thousand.. in an effort that probably took you 2 hours altogether...imagine getting paid 500 bucks an hour?
In an average loan amount of $ 300.000 dollars with a 2% average commission can generate as much as $6,000.00 less administrative fee, lets just round it up to
$ 5,000 and you get 20% as a new partner, you’ll get paid a thousand dollars.
I think that’s the easiest part time income… and it gets even better because if you add 3 new partners into your team you are now building a business of your own and your compensation goes up to 35%.
All the trainings necessary for your downlines is not even your concern to handle because it is my responsibility until I get you to a team coordinator level which is 50% compensation, by then you should already be an expert and you can pretty much handle the stirring wheel; but of course, you still have all my support because I have a vested interest in your team building…
You have to remember, everytime you go up one level I get promoted myself…So there is an incentive for me to support your team in this business.
At this level your average override commission should be between 500 to a thousand from each of your member that closes a loan.
Can you imagine if all your network members joins you in this venture.....you will be an instant success.
If you already have hundreds of team members with an average 500-1000 dollars override for each loan closed…they only need 1 loan a year ( that’s a pretty lousy production), you’ll have that kind of part time earnings. 50K- 100K part time!
You can now just focus on building up your teams momentum and provide tools for their marketing so they become more productive.
The more money they make, the happier they are, the healthier your bank account will be.
This is the kind of compensation plan that let’s me give up a part of my 90,000/annual job…I’m only doing part time now.
Why don’t I want to give up my job yet?
Because I have to stay in touch with my co-workers, they are my free leads and referral system.
In these kind of business, our product is a must have, we don’t beg for people to do business with us...we just lay out all the benefits before their eyes and let them pick on it.
This year is going to be a blast...it’s the buyers year...a lot of properties are dropping their prices…realtors MLS are overflowing up on the brink, those homeowners that are stuck with the ARM programs are now maturing and soon they’re rates are going to be spiralling out of control so they would want to refinance to a fixed rate.
It’s a very good timing to be in these business.
See I’m a nurse by profession and I work in the busy ER in Bronx, NY. I love what I do for the last 15 years, but I’ve got to move on, the money I’ve invested in this company is nothing compared to what I’ve learned. Even if I don't engage in the business, knowing that my membership helps me save a lot of money and wisely manage my real estate investment properties, is already a win-win-win situation.
Look, It took me 4 years and thousands of dollars to earn my degree and start a 30K salary job until the years added up and now I’m on a higher level,(sounds familiar? much like a pyramid! wasn't it?) but I will never earn a 7 figure income doing nursing, neither I can bank on my benefits plan for my retirement years.
Or if I take a course on a mortgage class it would have taken me 1 year and thousands of dollars invested just to learn the basics, even the real estate agent class would cost you hundreds to a thousand dollars to get your certification and no offense...to all new agents and brokers, but it’s a common practice that your first year as a junior, your broker/boss will take you in as a taxi driver to drive their customer around for house viewing, as part of the training.
Look everything is pyramid, most entry level starts at the bottom.
If you know Lauren Green, she's the beautiful news lady at Fox News, she'd won the title for Miss USA before becoming a journalist and yet she took in an apprentice job before she became a regular host on that News Channel...( hmmmm...sound familiar? Much like a pyramid scheme huh!)
As new graduate, even if you came from an IVY league school, you have got to start at the bottom and work your way up to the top, and hopefully you'll get there sooner if you're smart and lucky.
If you think of starting your own business...You would likely need a high start up capital...spend more time on a marketing (that's does not guarantee any yield, even stock investment would have you on the edge, unsure about where the economy is heading for, or if you buy a franchise...
You would have to spend a huge investment for capital and invest more time hoping that returns will yield profit, who knows how long...and it would cost you recurring fees and percentage fee from whatever profit your business will generate.
Or You could spend a thousand dollars on a brick and mortar store, and be a slave to your business...You'll have to be there to open the store, until it closes, take inventories, payroll for employees and provide health benefits.
Or You could spend a buck or ten on internet marketing competing against gazillions of computer geeks and webmasters or perhaps an online network marketing, that's probably being operated by a bunch of hustlers somewhere in their comfortable mansions or tiny offices in India or Far East Asia.
I've read an article that pay-per clicks are a hot homebusiness in India for house wives trying to make a living at home clicking ads and getting paid for doing so...and the poor marketer here pays for those people that clicks on their ads ignorant of the fact that they are not getting a real traffic...This is unconfirmed findings but it's worth investigating.
I just decided to stay away from that form of ad campaign.
A buck or ten every month will eventually add up...and if your lucky you'll probably make cents in a dollar profit...if you have 100 more years before retiring then I think you can do it as slow as that...
With the business concept of Synergy Marketing Group, we revolutionize the techniques in the mortgage industry, a $ 95.00 investment is a steal, the money I’ve save from my own property surpassed my investment over 1000% plus I’m making more money now with the business.
This may sound like a hype…but it’s not. I’m not promising you overnight millions.
The potential earnings here is only limited to your own efforts, you’re gonna be paid for what you are truly worth.
You spend more time to grow your business! You’ll earn more money.
You spend less time, you’ll earn less money...
It’s pure common sense, money does not grow on trees, but even if they grow in trees you still have to climb up to pluck it.
But the marriage of the product and the marketing strategy plus compensation plan is a win–win deal.
I’ve been a member to some online network company that I’m paying a monthly fee and it’s not earning me a dime..I don’t even remember them, it’s costing me money every single month and it’s not making me any profit.
Not that they’re product sucks or their system failed, I think it’s because it does not provide a better incentives, and support systme.
If I have to spend my time that way, I'd be like trying to get a shot of the moon using a slingshot.
I'd rather work my regular job, and get paid $ 49/hr..
Why would I spend my time marketing a product that will pay me commission cents in a dollar? That’s not what I’m worth!
And I think that’s not what you’re worth either.
Enough talk...let's get into hard core no holds barred deal...
And here’s what I promise in BIG BOLD letter...
If you truly have built a network in your team then take up this challenge; sign up your 100 people or even 50...
Then I will go to whatever state you are in, I will do the Business Presentation…and bring with me key leaders of the company to personally congratulate and support you…
We may even open a branch office in your state for you.
Or you can choose to come to NY…airfare and hotel accomodation is on me (Get 50 sign ups in 30 days regular economy class, 100 sign ups in 30 days, business class), and 3 days of accommodations on a 5 Star Hotel for you to attend our business meeting here and you get to meet everyone including our founding partners (yes you’ll get to rub elbows with everyone here because we work on the same level), see our branch office and you’ll see how we work things out.
That’s a pretty bold deal……that’s how top caliber networkers suppose to be treated...
I treat you guys like prince and princess and I ain’t kidding. Who else can offer such…if there is any, let me know and I’ll join them.
If some people think that my offers are outrageous, we’ll I don’t blame them because if they cannot offer this kind of deal, then they really don’t have much to offer.
Yes I'm outrageous!!! What do you expect.
Marketers are outrageous people, but one thing that separates me is that I don't talk BS and false promises.
If you want to be heard, known or stand out in the crowd...you've got to be outrageous..but be prepared to support your claims and deals...deliver your promise.
I don't use any of those 'PSYCHO TACTICS CRAP' to lure a prospect or client! I say it as it is...that's it. They don't like it, fine. Somebody will!
After all I'm doing them a favor with the benefits that I'm offering. If they can do the same then fine let's race to the end.
All I can say is that I talk the talk, and walk the walk…and I do what I speak.
If all this things I’m talking about does make sense to you… pls. let me know otherwise...if you don’t want to add this venture into your line of business then I sure hope that we continue with our correspondence and share the secrets to our success.
I've come accross networkers who are boasting a sign up of 100's or even thousands a month and yet they couldn't meet this challenge I'm bringing up...maybe they really don't have those numbers of downlines in their network...they just want to believe that they do...
Me, I don't have thousands or even hundreds at this point...so I don't have anything to bragged about...but I have a no BS business proposition, it's up to you to step up to the plate, but you've got to prove to me that what you claim is what you really have...Bring in your network team and I'll give you this extremely lucrative deal.
Let us separate the dreamers from the achievers here...I'm tired of all the talking...let's get to work...and I want to meet with you all heavy hitters and trust me...I ain't talking BS here.
Dreamers keep dreamin...Doer's and achievers talk to me...
Here is the company’s site http://www.teamsmg.com and my ID number is A1016.
We need serious networkers who have active downlines to join our team, we do the loan officer/originator training for your team, we process and closed your leads...that's what we are good about...
You just continue hiring/recruiting and keep building your own business while we do the hands on process and literally run the business for you.
Experienced loan officers are welcome to join and get a preferred package offer. So if your pipeline is dry and your still busting your chaps with cold calling...it's time to put a stop on that silly marketing strategy...we'll teach you how to fill your pipeline with endless leads...
If you think you can beat my offer of rebates on apparaisal plus FREE LCD TV and some bonuses then good luck in helping your clients...
Experienced processors all also invited to join the team or get hired as part of the processing team. You'll get paid a handsome fee of 300-400 per transaction closed and get paid to structure a loan application per file.
This could potentially earn you thousands...With the numbers of originators we have at the moment and continue to add up each day...we will soon be closing hundreds of loans a month from our average 25-30 at this time.
So if you're serious about your retirement plan...then stop playing around with your time...and if you really have build a strong downline on your network then it's time to put them on higher gear and start cranking up the profits...
It's a buyers market this year...people who have Adjustable rate Mortagages are bailing out of their mature ARM program to go to fix rate and homeowners whose credit card debts that are spiralling out of control are pulling out their home equity to clean up their debts.
I don’t believe in pressure tactics, I want my partners/clients to have their choice, I don’t force my product or service to those who doesn’t want it.
If you think that you won’t benefit then think again and if you still think that you have the perfect business in your hands then good luck to you.
And I'll see you at the top.
I'm offering this opportunity to make some money and I'm extending the opportunity to parties interested to make money as well with all my support and marketing tools and strategies...
Simple as that…
Here’s my number (914) 661-6808 and my e-mail. jocfncom@gmail.com
Talk to me in person...I don't hide behind autoresponders or e-mail address...I'm a real person with a straight forward no holds barred deal...Take it or leave it...
Joel Inocencio
Serious networkers may contact me at jocfncom@gmail.com
Joel
http://www.creativefunding.us
Friday, July 21, 2006
I'll build your own website for $3.95/month with 10,000 MB of disk space...with all the features of FULL functioning web site raedy to face the world with your business, product, service or personal web page...Where you can advertise and link to your affilliates...Audio, Flash Photo capability, web base mail and autoresponder Free first year domain name registration...all together in one package of $ 3.95/month...All that plus a FREE set up of your landing page with a salescopy ...Check this site as one of my sample... and see if you can also help me out with my quest. This offer is only until July 28,2006 and it's gone forever. This is a real website my friend. Not one of those pathetic self replicating web site that only gives advantage to the company or hosting site...
Check it out now!!! Click here... I Want My Own Web Site!!!...
Shoot me an e-mail at jocfncom@gmail.com
Talk to you soon...
Joel
Check it out now!!! Click here... I Want My Own Web Site!!!...
Shoot me an e-mail at jocfncom@gmail.com
Talk to you soon...
Joel
Wednesday, July 19, 2006
My Fellow Bloggers;
I need your help, anybody please, please, please...check this site www.exentriks.com for more information, not much time to write, pls. visit the site...ASAP...Urgent help.....Needed
thanks a million.
Joel
I need your help, anybody please, please, please...check this site www.exentriks.com for more information, not much time to write, pls. visit the site...ASAP...Urgent help.....Needed
thanks a million.
Joel
Tuesday, May 09, 2006
“Are You Making Money Referring Clients?”
If you are, do you average a thousand dollar earning in each referral?
By: Joel Inocencio
Here in New York, we have Sam’s club, Costco, BJ’s and some other local clubs where you pay a membership each year to enjoy the privilege of shopping at a discounted rate that is close to the wholesale price.
The membership fee you pay each year offsets the money you save because of the cheaper price.
Most items are by bulk. So the bigger your expenditure especially with a large family the more savings will go into your pocket. Still for small package items, the price is relatively cheaper.
This club store membership is a huge help in terms of savings for each family.
I think most of us will agree. A family normally saves between $500-1,000 in a year. It’s like giving ourselves an automatic raise.
There are other clubs that we join and enjoy the benefits offered only to members such as sports clubs, auto clubs, golf clubs and many others.
Most memberships offer savings.
Did you ever come across a club that gives great rewards or incentives to members who invite their friends or relatives to join the club?
Maybe some may offer a small percentage of discounts on their membership renewal as a referral bonus, but really nothing sort of commission incentives.
At least in the internet marketing, there is an affiliate commission. It’s FREE but you have to set up your own site to link to the merchants that you are making referrals.
In our everyday routine activity, we tend to advertise by word of mouth recommending something without getting paid for doing the advertising.
Can you imagine if everyone gets paid to do that, then the media will loose out in the competition.
Let me share to you a company that you can capitalize on your referrals.
I think it’s time that we get paid a decent amount of money for referring somebody, don’t you think?
Back in the early 90’s, the Power Broker’s of the mortgage industry has capitalized in the real estate boom coupled with low rates and flexible financing.
Working class people who obtain mortgage through their service can only stare at the expensive cars they drive and wonder how much did it really cost them to do business with the guy on the expensive suit.
You might have asked yourself, did I just got ripp off?
Why did it cost me too much on my closing cost?
Please don’t get mad at them, because they are just doing their fine job and get paid for what they are worth, according to the industry’s standards.
Nothing’s wrong with that.
But what if you know what was going on in that transaction and you understood all the details down to the nitty gritty, not that I’m saying there was shady dealings with that transaction.
It’s just that it is well worth to understanding how things work, because those information could have save you thousands.
What if you have the opportunity to learn how to do it without having to go back to school or attend a year-long or even a month of boot camp training and begin to earn while you’re learning to navigate the ropes.
That would make a good part time income with very little of your time and effort.
If you make few hundred dollars part time, not too many would listen to you.
Many people do that, but if you make thousands in every transaction just by referral, then everybody wants to hear your story, even your boss will be interested.
Everyone will be interested to join your “part time business”.
As you become more involve in the business you will learn the nuts and bolts of the trade.
It doesn’t really take that long to learn the business.
I am a nurse by profession and it took me 4 years to get my degree. It took me 1 loan that I closed to understand the business well enough to make money, more than I make as an RN.
The more loans you refer and close the faster you become an expert.
Let me restate that.
You refer the client, but the processor follows up and closes the loan for you.
It’s like having your own secretary without collecting salary from you, nor commission.
You will soon realized that you can earn enough and you will be ready to give up the job that doesn’t really pay much, require a lot of your time and energy, fire your boss that gives you a lot of stress and avoid the grueling daily commute.
You can stop begging for the vacation time that doesn’t even coincide to the dates that you want to use, especially summer when everybody’s taking their vacation.
If you look closely, they don’t really want you to go on a vacation long enough for you to realize that there are other things that will make your life better so you quit your job.
Although, they do want you take a short vacation so that you can relieved yourself from stress, and don’t suffer from mental breakdown, create trouble and loose your job.
If you do, trust me, there will be an ordinary Joe out there who will replace you in a blink of an eye.
Your Boss don’t want you to earn more so he can stay wealthy while you slave out to do what he wants you to do. I think rich man calls that leveraging.
How would you like to do the things that you can only dream of…like taking a vacation when you want to. Sleep and wake up on your own schedule and work on your own terms.
Allow me to wake you up to reality and share you some experience to help you stop daydreaming.
Here is the chance for you to find out and stop wondering.
Keep on reading because what I’m about to reveal here should convince you that riches are not beyond your reach, that you can still be what you wish to be, recognition and happiness can be had by all who are ready and determined to have these blessings.
Synergy Marketing Group in New York/New Jersey is a direct lender and mortgage broker in the banking industry.
We are providing services and funding to hundreds of thousands of people in the US meet their American dream of owning their own house.
Most mortgage brokers and banks I know has an average closing of 5-8 weeks for refinancing. About three months for loan transaction that involved a purchase of a property.
In the mortgage business, time is the thief of profits.
Why? Because interest rates changes everyday, sometimes twice in a given day.
If the closing is fast, the checks should also come in rapidly.
Additional business fills your pipeline quickly.
Synergy Marketing Group opens it’s doors for ordinary citizens to venture into this profitable business of providing services and benefits to homeowners and homebuyers.
The playing field is leveled down and the opportunity is no longer afforded only for the trained or experienced loan officers. The opportunity is now available to those who are interested to advertise Synergy Marketing Group.
You’ll now have the chance to learn the business and train to become a loan originator at you own pace and your own time.
No license, diploma or degree required. If you know how to fill up an application form, then there is no reason for you not to learn this business.
Because web base training is provided for FREE. Plus, having me as your mentor, will take you by the hand and train you to become a power broker.
If you are LAZY like me and you just want to refer a client, I think that’s easy. Everybody’s expert on that field, even a kid can do that.
I did however spend sometime studying the industry and actually went through a rigid personal training of originating loans. Most of my colleagues now consider me an expert in different loan programs.
There are hundreds of programs available just FYI.
There will be online resources available for every member to understand the concept of the business, so you will have a better understanding of what you are dealing and talking about to the prospective client that you are referring.
I regularly send out through e-mail the basics 101 of Mortgage origination including glossary of terms and the mechanics of loan processing for the benefits of my team. 1 to 1 coaching provided for interested team members.
I want to share my expertise because I want my team to be informed, productive and confident with their business dealings. Become an efficient leader in expanding the team.
You’ll learn why it is extremely important and profitable to build your own team as you continue to read.
Granting that you don’t have a criminal record or history of fraud, you should be able to start your first transaction in about few days.
To those who have serious criminal background, I’m sorry but you can stop reading from here.
You have to understand that there is a serious financial transaction in this business that involves hundreds of thousands to millions, and the Banking Department has a very strict regulations enforced. Sticky hands and prying eyes are off limits here.
Unfortunately, Synergy Marketing Group is not Global yet, so affiliates from other countries cannot be part of the program.
Let’s move on if you’re ready.
How do you make money in this business?
That’s probably what you have in your mind by now or perhaps your thinking what’s the catch to all this.
In Mortgage Business, the product is money. The mechanism use to deliver the product is through service. Broker gets paid by commission.
In every service, there is a fee. That's where the money is generated.
The fee comes from either 1 or 2 or 3 sources, or all of them.
Let’s not be greedy 2or 3 or a combination of just 2 sources should be enough to make the thousand for a single transaction.
First is the origination fee, which is the service itself.
Second, is a point as a service fee to obtain a certain rates, commonly known as the front commission.
Third is rebate from the bank or the back commission. In some cases, there is a fourth source, which is another rebate when the broker resells the loan to a bigger lender.
That usually generates another point.
Mortgage broker and originators have some degree of control on rates depending on the program.
In the state of New York, mortgage brokers are permitted to charge a maximum of 5 points.
Although generally, 2 points should be sufficient to cover the services, so as not to cause too much burden on the borrower.
So the earnings generates from 3-4 different sources.
For a typical amount of $ 300,000 (NY average is about $500,000) with a 2 points commission. That’s $ 6,000.00, less administrative fee, let's round it up to 5,000. As a junior loan officer which is the beginning position as a new member you get a 20% of the commission.
$1,000. Not bad for your first transaction.
If you continue to produce on that same level, your 20% stays the same even if you take a vacation for a year or two. You will not loose your position.
If you want to accelerate your position, and you decide to build your team, then you should invite at least 3 new members in your team or as many as you can, and they will be trained to duplicate your performance.
Your position now advances to loan officer with 30 % commission.
But it doesn’t stop there because the new member in your team as they close their own loan, you will collect another 10% from their proceeds.
So if three of them close their first loan on the same amount.
You will now earn another $ 1,500 (10% each = 500 x 3 = $ 1,500) not bad for a referral.
This will go on and on as your team grows. Can you imagine the exponential growth of your earnings if your team grows to a thousand members?
Assuming they are all part timers and produce only 1 loan in one year which is a very lousy production.
With a 10% override for each team you build, $ 500 per member x 1,000.
Not to mention your very own production which is by then if you have that many members, your position will be on executive level with 65-85% commission on your personal loan.
That is more than double the annual salary of a regular doctor or lawyer.
The potential earnings in this business is no joke at all.
The other very good reason is that you are not competing but rather helping each other because everyone is benefiting from the transaction.
Most business owners don’t want to teach their employees the techniques in running their business, because they don't want them to learn and eventually resign and compete against their business in the future.
In this business, you'll have the incentive to teach your team member to be as productive as you are because they will bring in the profit to your team. This is called leveraging and duplication.
You actually own your own business without keeping a payroll tab, because each of your team gets paid by their performance, not by you but by the transactions.
Are we seeing a bright future here?
Imagine all these earnings without actually buying or keeping a product on inventory?
The product is undeniably in very high demand because everybody wants to own a house.
That remains to be the fulfillment of every American’s dream.
What about those who already own a house, sometime in the future they will have to refinance.
This line of business only proves that this is a recession proof.
SMG as a bank has program that may not be appropriate with your client, but a strategic alliance with other major lending companies and banks like Chase, Bank of America, Countrywide Home Loans, just to name a few are on board with the business.
This is like having a wholesale club store, with multiple products offered at wholesale price.
The territorial boundaries are so wide because you can do business from Florida to California, without even having to go there.
That is the other beautiful side of this business because you really don’t have to be where your client is to transact the business. The whole process can be completed online, e-mail and fax.
A truly innovative marketing approached, utilizing the tools of modern technology.
Having said that… Do you think it is impossible to build a team of thousand members in a short time?
I also do not believed that cross networking is unethical here because you are not selling any tangible product that will directly compete with other common products in the Network Industry.
That means you can spread wide and deep fairly quickly because the warm market
(active networkers) will jump into this opportunity at a moments notice.
Here is how the membership and referral system operates
You apply for a membership online click here A1016...
Then you will sign up with the information required, you’ll get your own ID thereafter.
Make sure that the information provided is accurate and true. A strict compliance in the banking industry requires that a background check be perform before you can engage in the business.
You will need my ID A1016 and a one time investment of $195.00 when you sign up.
It's reduced to 95.00 until August 31st, 2006.
AHA, there’s the catch! I knew you would say that.
But really, tell me of any business venture with an earning as real as the earnings you would make in this business that does not require cash investment.
Imagine you will have your ROI (return of investment) and a profit after closing your first transaction. Your membership is lifetime, with no recurring monthly or annual membership fee.
No costly products to buy on monthly autoship, no inventories to hold.
You don’t even have to sell the products because people will be looking for you to help them. The product is virtually a magnet to attract clients.
Try setting up a News Stand as your business, the permits and rentals alone could easily cost you thousands. What is the predicted ROI? Perhaps one year if business thrives.
If you are, do you average a thousand dollar earning in each referral?
By: Joel Inocencio
Here in New York, we have Sam’s club, Costco, BJ’s and some other local clubs where you pay a membership each year to enjoy the privilege of shopping at a discounted rate that is close to the wholesale price.
The membership fee you pay each year offsets the money you save because of the cheaper price.
Most items are by bulk. So the bigger your expenditure especially with a large family the more savings will go into your pocket. Still for small package items, the price is relatively cheaper.
This club store membership is a huge help in terms of savings for each family.
I think most of us will agree. A family normally saves between $500-1,000 in a year. It’s like giving ourselves an automatic raise.
There are other clubs that we join and enjoy the benefits offered only to members such as sports clubs, auto clubs, golf clubs and many others.
Most memberships offer savings.
Did you ever come across a club that gives great rewards or incentives to members who invite their friends or relatives to join the club?
Maybe some may offer a small percentage of discounts on their membership renewal as a referral bonus, but really nothing sort of commission incentives.
At least in the internet marketing, there is an affiliate commission. It’s FREE but you have to set up your own site to link to the merchants that you are making referrals.
In our everyday routine activity, we tend to advertise by word of mouth recommending something without getting paid for doing the advertising.
Can you imagine if everyone gets paid to do that, then the media will loose out in the competition.
Let me share to you a company that you can capitalize on your referrals.
I think it’s time that we get paid a decent amount of money for referring somebody, don’t you think?
Back in the early 90’s, the Power Broker’s of the mortgage industry has capitalized in the real estate boom coupled with low rates and flexible financing.
Working class people who obtain mortgage through their service can only stare at the expensive cars they drive and wonder how much did it really cost them to do business with the guy on the expensive suit.
You might have asked yourself, did I just got ripp off?
Why did it cost me too much on my closing cost?
Please don’t get mad at them, because they are just doing their fine job and get paid for what they are worth, according to the industry’s standards.
Nothing’s wrong with that.
But what if you know what was going on in that transaction and you understood all the details down to the nitty gritty, not that I’m saying there was shady dealings with that transaction.
It’s just that it is well worth to understanding how things work, because those information could have save you thousands.
What if you have the opportunity to learn how to do it without having to go back to school or attend a year-long or even a month of boot camp training and begin to earn while you’re learning to navigate the ropes.
That would make a good part time income with very little of your time and effort.
If you make few hundred dollars part time, not too many would listen to you.
Many people do that, but if you make thousands in every transaction just by referral, then everybody wants to hear your story, even your boss will be interested.
Everyone will be interested to join your “part time business”.
As you become more involve in the business you will learn the nuts and bolts of the trade.
It doesn’t really take that long to learn the business.
I am a nurse by profession and it took me 4 years to get my degree. It took me 1 loan that I closed to understand the business well enough to make money, more than I make as an RN.
The more loans you refer and close the faster you become an expert.
Let me restate that.
You refer the client, but the processor follows up and closes the loan for you.
It’s like having your own secretary without collecting salary from you, nor commission.
You will soon realized that you can earn enough and you will be ready to give up the job that doesn’t really pay much, require a lot of your time and energy, fire your boss that gives you a lot of stress and avoid the grueling daily commute.
You can stop begging for the vacation time that doesn’t even coincide to the dates that you want to use, especially summer when everybody’s taking their vacation.
If you look closely, they don’t really want you to go on a vacation long enough for you to realize that there are other things that will make your life better so you quit your job.
Although, they do want you take a short vacation so that you can relieved yourself from stress, and don’t suffer from mental breakdown, create trouble and loose your job.
If you do, trust me, there will be an ordinary Joe out there who will replace you in a blink of an eye.
Your Boss don’t want you to earn more so he can stay wealthy while you slave out to do what he wants you to do. I think rich man calls that leveraging.
How would you like to do the things that you can only dream of…like taking a vacation when you want to. Sleep and wake up on your own schedule and work on your own terms.
Allow me to wake you up to reality and share you some experience to help you stop daydreaming.
Here is the chance for you to find out and stop wondering.
Keep on reading because what I’m about to reveal here should convince you that riches are not beyond your reach, that you can still be what you wish to be, recognition and happiness can be had by all who are ready and determined to have these blessings.
Synergy Marketing Group in New York/New Jersey is a direct lender and mortgage broker in the banking industry.
We are providing services and funding to hundreds of thousands of people in the US meet their American dream of owning their own house.
Most mortgage brokers and banks I know has an average closing of 5-8 weeks for refinancing. About three months for loan transaction that involved a purchase of a property.
In the mortgage business, time is the thief of profits.
Why? Because interest rates changes everyday, sometimes twice in a given day.
If the closing is fast, the checks should also come in rapidly.
Additional business fills your pipeline quickly.
Synergy Marketing Group opens it’s doors for ordinary citizens to venture into this profitable business of providing services and benefits to homeowners and homebuyers.
The playing field is leveled down and the opportunity is no longer afforded only for the trained or experienced loan officers. The opportunity is now available to those who are interested to advertise Synergy Marketing Group.
You’ll now have the chance to learn the business and train to become a loan originator at you own pace and your own time.
No license, diploma or degree required. If you know how to fill up an application form, then there is no reason for you not to learn this business.
Because web base training is provided for FREE. Plus, having me as your mentor, will take you by the hand and train you to become a power broker.
If you are LAZY like me and you just want to refer a client, I think that’s easy. Everybody’s expert on that field, even a kid can do that.
I did however spend sometime studying the industry and actually went through a rigid personal training of originating loans. Most of my colleagues now consider me an expert in different loan programs.
There are hundreds of programs available just FYI.
There will be online resources available for every member to understand the concept of the business, so you will have a better understanding of what you are dealing and talking about to the prospective client that you are referring.
I regularly send out through e-mail the basics 101 of Mortgage origination including glossary of terms and the mechanics of loan processing for the benefits of my team. 1 to 1 coaching provided for interested team members.
I want to share my expertise because I want my team to be informed, productive and confident with their business dealings. Become an efficient leader in expanding the team.
You’ll learn why it is extremely important and profitable to build your own team as you continue to read.
Granting that you don’t have a criminal record or history of fraud, you should be able to start your first transaction in about few days.
To those who have serious criminal background, I’m sorry but you can stop reading from here.
You have to understand that there is a serious financial transaction in this business that involves hundreds of thousands to millions, and the Banking Department has a very strict regulations enforced. Sticky hands and prying eyes are off limits here.
Unfortunately, Synergy Marketing Group is not Global yet, so affiliates from other countries cannot be part of the program.
Let’s move on if you’re ready.
How do you make money in this business?
That’s probably what you have in your mind by now or perhaps your thinking what’s the catch to all this.
In Mortgage Business, the product is money. The mechanism use to deliver the product is through service. Broker gets paid by commission.
In every service, there is a fee. That's where the money is generated.
The fee comes from either 1 or 2 or 3 sources, or all of them.
Let’s not be greedy 2or 3 or a combination of just 2 sources should be enough to make the thousand for a single transaction.
First is the origination fee, which is the service itself.
Second, is a point as a service fee to obtain a certain rates, commonly known as the front commission.
Third is rebate from the bank or the back commission. In some cases, there is a fourth source, which is another rebate when the broker resells the loan to a bigger lender.
That usually generates another point.
Mortgage broker and originators have some degree of control on rates depending on the program.
In the state of New York, mortgage brokers are permitted to charge a maximum of 5 points.
Although generally, 2 points should be sufficient to cover the services, so as not to cause too much burden on the borrower.
So the earnings generates from 3-4 different sources.
For a typical amount of $ 300,000 (NY average is about $500,000) with a 2 points commission. That’s $ 6,000.00, less administrative fee, let's round it up to 5,000. As a junior loan officer which is the beginning position as a new member you get a 20% of the commission.
$1,000. Not bad for your first transaction.
If you continue to produce on that same level, your 20% stays the same even if you take a vacation for a year or two. You will not loose your position.
If you want to accelerate your position, and you decide to build your team, then you should invite at least 3 new members in your team or as many as you can, and they will be trained to duplicate your performance.
Your position now advances to loan officer with 30 % commission.
But it doesn’t stop there because the new member in your team as they close their own loan, you will collect another 10% from their proceeds.
So if three of them close their first loan on the same amount.
You will now earn another $ 1,500 (10% each = 500 x 3 = $ 1,500) not bad for a referral.
This will go on and on as your team grows. Can you imagine the exponential growth of your earnings if your team grows to a thousand members?
Assuming they are all part timers and produce only 1 loan in one year which is a very lousy production.
With a 10% override for each team you build, $ 500 per member x 1,000.
Not to mention your very own production which is by then if you have that many members, your position will be on executive level with 65-85% commission on your personal loan.
That is more than double the annual salary of a regular doctor or lawyer.
The potential earnings in this business is no joke at all.
The other very good reason is that you are not competing but rather helping each other because everyone is benefiting from the transaction.
Most business owners don’t want to teach their employees the techniques in running their business, because they don't want them to learn and eventually resign and compete against their business in the future.
In this business, you'll have the incentive to teach your team member to be as productive as you are because they will bring in the profit to your team. This is called leveraging and duplication.
You actually own your own business without keeping a payroll tab, because each of your team gets paid by their performance, not by you but by the transactions.
Are we seeing a bright future here?
Imagine all these earnings without actually buying or keeping a product on inventory?
The product is undeniably in very high demand because everybody wants to own a house.
That remains to be the fulfillment of every American’s dream.
What about those who already own a house, sometime in the future they will have to refinance.
This line of business only proves that this is a recession proof.
SMG as a bank has program that may not be appropriate with your client, but a strategic alliance with other major lending companies and banks like Chase, Bank of America, Countrywide Home Loans, just to name a few are on board with the business.
This is like having a wholesale club store, with multiple products offered at wholesale price.
The territorial boundaries are so wide because you can do business from Florida to California, without even having to go there.
That is the other beautiful side of this business because you really don’t have to be where your client is to transact the business. The whole process can be completed online, e-mail and fax.
A truly innovative marketing approached, utilizing the tools of modern technology.
Having said that… Do you think it is impossible to build a team of thousand members in a short time?
I also do not believed that cross networking is unethical here because you are not selling any tangible product that will directly compete with other common products in the Network Industry.
That means you can spread wide and deep fairly quickly because the warm market
(active networkers) will jump into this opportunity at a moments notice.
Here is how the membership and referral system operates
You apply for a membership online click here A1016...
Then you will sign up with the information required, you’ll get your own ID thereafter.
Make sure that the information provided is accurate and true. A strict compliance in the banking industry requires that a background check be perform before you can engage in the business.
You will need my ID A1016 and a one time investment of $195.00 when you sign up.
It's reduced to 95.00 until August 31st, 2006.
AHA, there’s the catch! I knew you would say that.
But really, tell me of any business venture with an earning as real as the earnings you would make in this business that does not require cash investment.
Imagine you will have your ROI (return of investment) and a profit after closing your first transaction. Your membership is lifetime, with no recurring monthly or annual membership fee.
No costly products to buy on monthly autoship, no inventories to hold.
You don’t even have to sell the products because people will be looking for you to help them. The product is virtually a magnet to attract clients.
Try setting up a News Stand as your business, the permits and rentals alone could easily cost you thousands. What is the predicted ROI? Perhaps one year if business thrives.
Now, that kind of business only makes money when you are around. You have to physically open, run and close the store yourself. I won't call that my business, because that business owns me.
With the structure of SMG and it's system in place, your business will literally make money even while you are asleep.
Now get this! The company also offers a revolutionary 5 years vested period. Anyone who works in a company with a union should understand this.
The business that you establish is transferable. As you grow old and tired and you want to retire and enjoy your life traveling or fishing, you can transfer your network to your children or spouse.
If you stick around with the company for 5 years, not only that you get vested, you will also received a comprehensive health and dental plan coverage.
Can you imagine?
If you are not taking care of your teeth today because you are building your business, you will have a new set of teeth courtesy of your dental coverage.
That is just awesome.
This is what you will get from your investment of $195.00
The potential for residual income will just blow you away.
If you start getting busy now building your business, you could literally retire with financial security in the next 5 years.
Leaving worries about your Social Insecurity behind.
Maybe give it away to charity or let your relatives collect it for you. Because you work smarter, while they work harder.
I will have to leave the other benefits for you to find out e-mail me at jocfncom@gmail.com and I'll send you the rest of the information.
You can keep your $195.00 for now.
Or send me an e-mail if you have a prospect or client that needs the loan.
I will assist you in the process of obtaining the loan and when that loan close, I will enroll you to the program at no cost at all, I will give you a referral fee of $805.00, that is a total of thousand dollars there my friend.
All that to prove my point that I am not interested with your money.
Here is another arrangement I’m offering, to make it easier for you.
If you sign up from today till the end of Aug. 2006 and bring along with you 10 new members that will sign up under your team.
As soon as you received the receipt, and your membership is confirmed after the background check, and your ten new members qualify and memberships are confirmed.
I will send you my personal check of $200.00 just to prove my intentions of helping you start with these business.
Fair enough?
That is no cost to you my friend. I need a determined able body networker in my team.
Internet Warriors step up to the plate and take advantage of this opportunity to create major earnings online and offline. Send your e-mail to me jocfncom@gmail.com
Calling all serious entrepreneurs.
It's time we get paid in referring business.
Thursday, May 04, 2006
Network Marketing Basics
The success of your Networking Business depends upon what your knowledge of Network Marketing really is.
To help you understand what network marketing is.
I must first explain what it is not.
First, network marketing is not a pyramid scheme.
Pyramids are programs similar to chain letters where people just invest money based on the promise that other people will put in money that will filtrate back to them and somehow, they will get rich.
A pyramid is strictly a money game and has no basis in real commerce.
Normally, there is no product involved at all, just money changing hands. Modern-day pyramids may have a product, but it's clearly there just to disguise the money game.
Network marketing is a legitimate business.
First, it's based on providing people with real, legitimate products or services they need and want at a fair price.
While some people do make a lot of money through network marketing, their financial benefit is always the result of their own dedicated efforts in building an organization that sells real products and services.
Pyramids are illegal. It is designed to take advantage of people and bilked them out of their hard earn money.
For a person to actually profit in a pyramid scheme, someone else has to lose money.
In network marketing, each person can multiply his or her efforts, skills and talents by helping others become successful. Network marketing has proved itself as part of the new economy and a preferred way to do business here and around the world.
Network marketing is not about taking advantage of your friends and relatives.
Only a few years ago, network marketing meant retailing to, and sponsoring people from, your "warm list" of prospects.
Although sharing the products or services and the opportunity with people you know remains the basic foundation of the business.
Today we see more people using sophisticated marketing techniques such as the Internet, conference calling and other long-distance sponsoring techniques to extend their network across the country.
Network marketing isn't a get-rich-quick scheme. Some people who are determined and persistent with their business attitude do make large amounts of money very quickly.
Many would say those people are lucky.
Success in networking isn't based on luck. Unfortunately, money does not produce wings and fly into your bank account no matter what someone has promised you.
Success in network marketing is base on following some very basic yet dynamic principles.
Now let us discuss what network marketing is.
Network marketing is a serious business for serious people. It's a proven system where the design, creation and expense the corporate team has gone through becomes a road map for your own success.
Just follow the simple, proven and duplicable system that the good companies provide.
The real key is this:
Network marketing is all about leveraging.
You can leverage your time and increase the number of hours of work effort on which you get paid by commissions on the earnings of the people you sponsor and train in the business.
Earn profit from other people’s effort.
J. Paul Getty, who created one of the world's greatest fortunes, said. "I would rather make 1 percent on the efforts of 100 people than 100 percent on my own efforts." This very basic concept is the cornerstone of network marketing.
For example, most successful people building a network marketing business do so in an organized method. They work a few dedicated hours each week, with each hour of effort serving as a building block for their long-term business growth.
Then they sponsor other people and teach those people how to sell the company product and sponsor others who duplicate the process.
By helping the people you personally sponsor to sponsor others, you duplicate yourself. As this process continues, you create compound growth that can lead to hundreds or even thousands of people coming into your business.
You leverage your time by helping others be successful and earn an income from all their efforts.
With most network marketing, there are no big capital requirements, no geographical limitations, no minimum quotas required and no special education or skills needed.
And you can start as part time.
Network marketing is a low-overhead, home based business that can actually offer many of the tax advantages associated with owning your own business.
Network marketing is a people-to-people business that can significantly expand your circle of friends.
It is simply a sharing of information with others about a product or service you believe in and helping others to do the same.
People working together to achieve a common goal and ensure the success of everyone involved.
It’s the type of business that will enable you to travel and have fun as well as enjoy the lifestyle that extra income can provide.
Network marketing is the definition of fair compensation. It plays no favorites. It compensates everyone in exact proportion to individual efforts.
The PYRAMID scheme is evident in corporate America.
Every BIG company will have a CEO at the top of the echelon (pyramid), along with the President, Vice, COO or what have you.
Then they have the management team; the guys that usually absorbs the frustration of the higher ups when the going gets rough.
Then you have the Supervisor’s who mostly gets the blame and pass it down to the regular employees, who will remain in the lowest totem pole regardless of the profit made by the company.
Though it gets the boot when tough time comes…. You probably heard of it already, I think they call it downsizing.
When the company is expanding or I think they call it merging these days.
The lowest rank and file staff will always get the boot.
Why? I don’t know! You ask them.
If you’re not familiar with all this things, then you are probably very busy with your work and come home dead tired to miss or even understand the news unfolding in your TV screen.
In Network Marketing, you start in the lowest totem pole. Your sponsor (not your boss) is inclined to support you all the way to the top without feeling insecure because your production will bring him a profit.
CEO
President
Vice Pres.
Management
Supervisors
Employees and Other Workers
Everyone has an equal opportunity to earn as much as they want. No limits, it doesn’t matter where you are in the hierarchy.
Everyone earns the reward accordingly.
The only person who decides how big you will become is yourself.
According to "Network Marketing for Dummies" By Zig Ziglarand John P Hayes here is the full concise definition ofnetwork marketing (p. 2):
Network Marketing is a system for distributing goods andservices through networks of thousands of independentsalespeople, or distributors. The distributors earn money byselling goods and services and also recruiting andsponsoring other salespeople who become part of theirdown line or sales organizations. Distributors earn monthlycommissions or bonuses on the sales revenue generated bytheir down line.
It's the most powerful wealth creation vehicle on theplanet, the gold rush of the 21st century, powerful life changer.
It's hard and frustrating at times, but not difficult to learn.It's a roadmap to financial freedom, and a character builder in becoming a savvy businessman.
I simply sum up network marketing to be a great step up ladder towards financial independence.
Make money while having fun traveling, meeting and helping other people achieved their dreams of having the freedom to do what they want to do when they want to do it.
Ultimately you’ll have to decide for yourself if this is the kind of thing you want to do in your life.
No matter what you do in life, if you don’t have passion for doing it. You’ll never gonna like it.
My success and your success is already given to us we just have to learn how to use it.
That’s the main reason why our head is located on top of everything, it’s our command center.
That’s all for this edition folks…
Next week we will talk about power of leveraging, duplication and some bonus e-book that I’m giving away for FREE to my subscribers.
The success of your Networking Business depends upon what your knowledge of Network Marketing really is.
To help you understand what network marketing is.
I must first explain what it is not.
First, network marketing is not a pyramid scheme.
Pyramids are programs similar to chain letters where people just invest money based on the promise that other people will put in money that will filtrate back to them and somehow, they will get rich.
A pyramid is strictly a money game and has no basis in real commerce.
Normally, there is no product involved at all, just money changing hands. Modern-day pyramids may have a product, but it's clearly there just to disguise the money game.
Network marketing is a legitimate business.
First, it's based on providing people with real, legitimate products or services they need and want at a fair price.
While some people do make a lot of money through network marketing, their financial benefit is always the result of their own dedicated efforts in building an organization that sells real products and services.
Pyramids are illegal. It is designed to take advantage of people and bilked them out of their hard earn money.
For a person to actually profit in a pyramid scheme, someone else has to lose money.
In network marketing, each person can multiply his or her efforts, skills and talents by helping others become successful. Network marketing has proved itself as part of the new economy and a preferred way to do business here and around the world.
Network marketing is not about taking advantage of your friends and relatives.
Only a few years ago, network marketing meant retailing to, and sponsoring people from, your "warm list" of prospects.
Although sharing the products or services and the opportunity with people you know remains the basic foundation of the business.
Today we see more people using sophisticated marketing techniques such as the Internet, conference calling and other long-distance sponsoring techniques to extend their network across the country.
Network marketing isn't a get-rich-quick scheme. Some people who are determined and persistent with their business attitude do make large amounts of money very quickly.
Many would say those people are lucky.
Success in networking isn't based on luck. Unfortunately, money does not produce wings and fly into your bank account no matter what someone has promised you.
Success in network marketing is base on following some very basic yet dynamic principles.
Now let us discuss what network marketing is.
Network marketing is a serious business for serious people. It's a proven system where the design, creation and expense the corporate team has gone through becomes a road map for your own success.
Just follow the simple, proven and duplicable system that the good companies provide.
The real key is this:
Network marketing is all about leveraging.
You can leverage your time and increase the number of hours of work effort on which you get paid by commissions on the earnings of the people you sponsor and train in the business.
Earn profit from other people’s effort.
J. Paul Getty, who created one of the world's greatest fortunes, said. "I would rather make 1 percent on the efforts of 100 people than 100 percent on my own efforts." This very basic concept is the cornerstone of network marketing.
For example, most successful people building a network marketing business do so in an organized method. They work a few dedicated hours each week, with each hour of effort serving as a building block for their long-term business growth.
Then they sponsor other people and teach those people how to sell the company product and sponsor others who duplicate the process.
By helping the people you personally sponsor to sponsor others, you duplicate yourself. As this process continues, you create compound growth that can lead to hundreds or even thousands of people coming into your business.
You leverage your time by helping others be successful and earn an income from all their efforts.
With most network marketing, there are no big capital requirements, no geographical limitations, no minimum quotas required and no special education or skills needed.
And you can start as part time.
Network marketing is a low-overhead, home based business that can actually offer many of the tax advantages associated with owning your own business.
Network marketing is a people-to-people business that can significantly expand your circle of friends.
It is simply a sharing of information with others about a product or service you believe in and helping others to do the same.
People working together to achieve a common goal and ensure the success of everyone involved.
It’s the type of business that will enable you to travel and have fun as well as enjoy the lifestyle that extra income can provide.
Network marketing is the definition of fair compensation. It plays no favorites. It compensates everyone in exact proportion to individual efforts.
The PYRAMID scheme is evident in corporate America.
Every BIG company will have a CEO at the top of the echelon (pyramid), along with the President, Vice, COO or what have you.
Then they have the management team; the guys that usually absorbs the frustration of the higher ups when the going gets rough.
Then you have the Supervisor’s who mostly gets the blame and pass it down to the regular employees, who will remain in the lowest totem pole regardless of the profit made by the company.
Though it gets the boot when tough time comes…. You probably heard of it already, I think they call it downsizing.
When the company is expanding or I think they call it merging these days.
The lowest rank and file staff will always get the boot.
Why? I don’t know! You ask them.
If you’re not familiar with all this things, then you are probably very busy with your work and come home dead tired to miss or even understand the news unfolding in your TV screen.
In Network Marketing, you start in the lowest totem pole. Your sponsor (not your boss) is inclined to support you all the way to the top without feeling insecure because your production will bring him a profit.
CEO
President
Vice Pres.
Management
Supervisors
Employees and Other Workers
Everyone has an equal opportunity to earn as much as they want. No limits, it doesn’t matter where you are in the hierarchy.
Everyone earns the reward accordingly.
The only person who decides how big you will become is yourself.
According to "Network Marketing for Dummies" By Zig Ziglarand John P Hayes here is the full concise definition ofnetwork marketing (p. 2):
Network Marketing is a system for distributing goods andservices through networks of thousands of independentsalespeople, or distributors. The distributors earn money byselling goods and services and also recruiting andsponsoring other salespeople who become part of theirdown line or sales organizations. Distributors earn monthlycommissions or bonuses on the sales revenue generated bytheir down line.
It's the most powerful wealth creation vehicle on theplanet, the gold rush of the 21st century, powerful life changer.
It's hard and frustrating at times, but not difficult to learn.It's a roadmap to financial freedom, and a character builder in becoming a savvy businessman.
I simply sum up network marketing to be a great step up ladder towards financial independence.
Make money while having fun traveling, meeting and helping other people achieved their dreams of having the freedom to do what they want to do when they want to do it.
Ultimately you’ll have to decide for yourself if this is the kind of thing you want to do in your life.
No matter what you do in life, if you don’t have passion for doing it. You’ll never gonna like it.
My success and your success is already given to us we just have to learn how to use it.
That’s the main reason why our head is located on top of everything, it’s our command center.
That’s all for this edition folks…
Next week we will talk about power of leveraging, duplication and some bonus e-book that I’m giving away for FREE to my subscribers.
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