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Saturday, January 10, 2009

FINANCIAL FREEDOM: Finding Financial Success in an Economic Crisis

Financial Freedom with Lynn D. Spencer

My wife and I have experienced incredible success for the past 2 years in Networking. In fact, in just two short years we have earned over $2 million dollars from Networking. The even more amazing part of our story is that, even in the past six months when the economy has tanked on so many levels, our business is steadily increasing. In fact, we are forecasting our best year ever in 2009.

How is that possible you may ask? The answer is very simple. When the economy experiences a major down-turn, millions of people are either laid off or experiencing wage reductions; an unprecedented number of people begin to realize that their future is not as secure as they thought and begin to seek renewed hope through starting their own Network Marketing business. Have you seen how many new companies are choosing now to launch their business, services, and platform? The number of opportunities out there is increasing everyday; and people are flocking to them in droves.

But that doesn’t begin to explain my wife and my success. We have experienced (and continue to experience) huge success due to some very basic principles that most people simply overlook. The principles are so basic in fact, that you’ve probably heard them a thousand times, but do you live them? Do you live these principles in your daily Networking or business lives?

If you’re struggling financially right now, pay close attention to what I’m going to share with you. Here are my success principles I live by.

S – Show up! This seemingly simple number one key principle is absolutely vital to your success, yet so many people don’t even show up to the training events, teleconferences, Webinars, Seminars, meetings, etc put on by their Mentors and Trainers. It’s pretty tough to be successful when you don’t even show up.

U – Understand the features and benefits of their respective product, business, or services for others. Unless you truly understand the features and benefits of whatever you’re selling (which typically means using it yourself), you’ll never be able to convey those features and benefits to your prospects. You have to “use” your own product, service, and business to be credible.

C – Consistent persistence. So many people stick their toe into their business venture, and then quit after their first “no”. Would you quit a new job when the first little thing went wrong? Of course not. So why would you even think of quitting or giving up so fast and so easy on your own success. Every successful entrepreneur I have ever met or known became successful through consistent persistence. Don’t ever quit!

C – Coaching. It is so important to find a successful person to be your coach and then be coachable. Doing it on your own is 100 times harder than following in the success footprints of someone who has already blazed the trail. Find a coach, a mentor, a trainer who has demonstrated that they are highly successful and ask them to coach you.

E – Everyone is your prospect. It’s amazing to me how many people pre-judge others and think they “know” whether someone would be interested or not and be successful or not. If there’s one thing I know, it’s that those who you think will do big things in your business typically don’t, and those who you think probably won’t make it often turn out to be your biggest superstars. Pre-judging anyone is a huge mistake.

S – Serve your existing clients, team members, and associates. Highly successful people approach their business with the heart of a servant. When you put others needs before your own, you will succeed more than you may have imagined possible. “No man can help another without helping himself.” Ralph Waldo Emerson

S – Set the example. The speed of the pack will always equal the speed of the leader. If you’re in the business of Networking with others or trying to build your own Networking business it is absolutely essential that you set the example. People will follow your example, and your results will equal your dedication.

Along with these key success principles, there are three more key words that you need to keep your eye on every day; passion, focus, and commitment. Ignorance on fire (passion) is far better than knowledge on ice. Get passionate about your product, business, or service and share your passion with others. Be committed. Tell yourself daily that quitting is simply not an option. And keep yourself focused. Don’t let yourself get distracted by the world around you. The more you focus on your goals, your daily activity, and achieving the results you are seeking, the more success you will have.

Here’s to your SUCCESS in 2009.

Lynn D. Spencer

www.lynndspencer.com

Futures by Design, LLC

405-237-3800


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Posted to THE NATIONAL NETWORKER. To subscribe for your free newsletter, go to www.TheNationalNetworker.com. For the complete National Networker Relationship Capital Toolkit and a free, continuous RSS feed (available either by traditional RSS or by direct email), go to: http://thenationalnetworkerweblog.blogspot.com. You are also invited to click our buttons:
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The Emergence of the Relationship Economy features TNNWC Founder, Adam J. Kovitz as a contributing author and contains some of his early work on The Laws of Relationship Capital. The book is available in hardcopy and e-book formats. With a forward written by Doc Searls (of Cluetrain Manifesto fame), it is considered a "must read" for anyone responsible for the strategic direction of their business. If you would like to purchase your own copy, please click the image above.

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