Wednesday, August 29, 2007

Think Like a Network Marketing Millionaire

The most important attitude for financial success in network marketing is long-term thinking. Successful people think a long way into the future and they adjust their daily behaviors to assure they achieve their long-term goals in their network marketing business. In a longitudinal study done at Harvard University in the 50s and 60s, they studied the reasons for upward socio-economic mobility and success in business such as a network marketing business. They were looking for factors that would predict whether or not an individual or family was going to move upward and be wealthier in the future than in the present.

They studied factors like education, intelligence, being born into the right family, or having the right connections like many in network marketing. In every case, they found individuals who had been born with every blessing in life who did poorly. They also found individuals who had been born or come to this country with no advantages at all who had been extremely successful. I know of many people in network marketing who are prime examples of this. What was the distinguishing factor?

They finally determined that there was only one key attitude that mattered. They called it "Time Perspective." Time perspective in network marketing refers to the amount of time that you take into consideration when planning your day to day activities and when making important decisions in your life.

Time Perspective In Network Marketing

People in network marketing with long-time perspective invariably move up economically in the course of their lifetimes. When you spend weeks, months and years developing your network marketing skills and ability and expanding your experience in order to be successful, you have long-time perspective. The average professional person has a time perspective of 10, 15 and 20 years.

Begin to see that everything that you are doing today in your network marketing business is part of a long-time continuum, at the end of which you are going to be financially independent or financially unfortunate. People with short-time perspective think only about fun and pleasure in the short term. They have what economists call "The inability to delay gratification." They have an irresistible tendency to spend every single penny they earn and everything that they can borrow.

In your network marketing business when you develop long-time perspective, you develop the discipline to delay gratification and to save your money rather than spending it. Invest your money wisely into your business. The combination of long-time perspective and delayed gratification puts you onto the high road to financial independence in network marketing.