In network marketing, substantial wealth is created only after you have achieved momentum. This momentum can be thought as very similar to the doubling effect of compound interest.
Compound interest is “Interest which is calculated not only on the initial principal but also the accumulated interest of prior periods.” In the case of your network marketing efforts your initial principal is your initial effort. Your accumulated interest is that of your sponsors, who, with your proper coaching, carry on your efforts to effectively set your momentum in motion.
Your sponsors follow your lead by growing your downline and finding new sponsors who in turn do the same. This has surprising and remarkable results. This creates a doubling effect that once in place grows your business at a phenomenal rate. No longer can your efforts possibly keep pace with the actions of so many who all contribute to your own downline.
The momentum all starts by putting it in motion with your actions. Unfortunately, try asking up to 90% of the people who attempt network marketing how they are doing. You are more then likely to hear some negative replies. The reason is simple...
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