Men of Words

Is network marketing a scam?

Rich Dad’s The Business School by Robert Kiyosaki provided me an interesting perspective of network marketing business. While he was great in extolling the benefits of joining network marketing, I am not too convinced.

Robert Kiyosaki sees network marketing business as an opportunity, with a low barrier of entry, for someone to learn about business. Moreover, a traditional business requires much more capital than what it takes for someone to own his very own network marketing business. There’s higher risk too.

True enough. I can’t disagree with that. I’m maintaining my objectivity in this discussion. However, what you learn in network marketing does not necessarily apply for traditional businesses.

Unfortunately, I guess that the majority of people who want to join or are already in network marketing aren’t concerned about that. Their motivation is not to learn about business. The true motivation, more than ever, is getting rich, fast.

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Tags: get rich, multi level marketing, network marketing, network marketing scam

Network Marketing Business Provides True Equal Opportunities? Rich Dad’s the Business School Review (Part Two)

Network Marketing Business Provides True Equal Opportunity.

That’s the first value of a network marketing business.

As Robert Kiyosaki continues, he acknowledged that he was initially closed to the idea of starting a network marketing business, but on the pretext of being too busy with starting out his first worldwide business.

He also recognizes the pros and cons with network marketing, which is similar to any other business. There are always good and bad people around. The problem lies with network marketing companies having an open door policy.

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Tags: financial freedom, get rich, network marketing, rich dad poor dad, robert kiyosaki, the business school

Rich Dad’s the Business School - For People Who Like Helping People (Part One)

Robert Kiyosaki shares his take on network marketing, which he hails as today’s revolutionary business system. If you have read the first few books of the Rich Dad Poor Dad series, he mentions network marketing as a possible system to help one achieve financial freedom. He attempts to explain the reason for his recommendation and also cautions that network marketing is not suitable for everyone.

There is no doubt on the huge amount of attention networking marketing has received over the recent years, garnering both positive and negative response. While I am not in a network marketing business myself, I do find the reasons which he brought out ‘acceptable’.

What makes the rich, rich?

That is the question which Robert Kiyosaki addresses at the start. He points to one having to be a business owner and investor, and he states this,

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Tags: financial freedom, get rich, network marketing, networking, rich dad poor dad, robert kiyosaki, the business school

Rich Dad, Poor Dad Video

I’m not sure whether you have read any of his books, but Robert T. Kiyosaki has an interesting take on becoming wealthy. The video is a short, but extremely informative sample of what his original book, “Rich Dad, Poor Dad” is about.

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Tags: business, education, finance, financial IQ, get rich, investing, investment, rich dad poor dad, robert kiyosaki, self improvement