Louw and Sons Co.

01/08/2020

30/07/2020

Wages make you a living which is fine, Profits make you a fortune which is super fine.

29/07/2020

"Profits are better than wages" ~ Jim Rohn

28/07/2020

Network Marketing is BETTER

The best way I know to not only survive, but to thrive in the New Economy, is Network Marketing. There are important products and services in the world today that need to be promoted to the people who need them. Consumers still need
to be educated.

Companies have choices. They can dive into the everfragmented world of advertising to get the word out, they can hire a large and expensive sales force to sell their products or services, or they can utilize Network Marketing to tell their story to the world.

More and more companies will choose to use Network Marketing because it fits the New Economy. They can provide all the corporate support and pay distributors on a purely performance basis to promote their products. It’s extremely efficient because in the New Economy, word-of-mouth advertising continues to work better than any other form of promotion. The company can just take the money they would have spent on advertising and promotion and pay it to their distributors to spread the word.

What that means for you as an entrepreneur is that you can receive all the benefits of traditional business ownership without the typical risks. And there will be no cap on your income, because Network Marketing companies WANT you to make as much as possible. If you’re going to be paid for performance anyway, why live with the cap?

28/07/2020

Why is this happening?
One, it’s a better model for the
company. They’ll get better results with less expense. Two, the New Economy needs fewer people, so the company has more people competing for fewer and fewer jobs.Let me explain why the New Economy needs fewer people. The exponential rise of technology has changed everything. Over 100 years ago, 90% of the population worked in agriculture. Today, because of dramatic efficiencies, it’s less than 1%, and the farming jobs are gone.
Remember customer service call centers where you talked to people? Today, you talk to a machine and those jobs are gone. Remember when companies had a massive amount of salespeople? Now people order online and those sales jobs are gone. Remember Blockbuster video and all of its employees?
Now people watch movies on their handheld or tablet devices, and those jobs are gone.
I love books, but go to your local bookstore while you can. They will be history soon, and so will the jobs provided by those stores.

I could go on and on through virtually every work category in the world. Technology and efficiency are eliminating jobs every single day, and there is nothing we can do to stop it. In fact, it’s only going to accelerate. If you are sitting there waiting for the economy to bounce back and for jobs to return, don’t. They aren’t coming back.

Just like the children of farmers saw the handwriting on the wall and left farming for new vocations, the same thing is happening for people working in Old Economy jobs.

To survive, they’ll need to open their eyes to this reality and find
something new.

28/07/2020

The NEW Economy

The world as you know it has changed. For the people who
don’t recognize that fact, it will be the worst of times. For the
people who do, it will be the best of times.
Over the last 100 years, an interesting phenomenon occurred. The rise of the corporation became the standard in
society. The safe and respected place for people to exist in the
workplace was as an employee.

Step one: Go to school to learn how to be an employee.

Step two: Find a company that will employ you.

Step three: Work for that company for 40 years.

Step four: Retire.

In recent decades, the promise of being rewarded by the
company for your loyalty and hard work has been exposed as
a myth. People began to realize the loyalty they were giving to
their company was not being given in return. So a different
process evolved.

Step one: Go to school to learn to be an employee.

Step two: Find a company that will employ you.

Step three: Switch companies for various political and
economic reasons every three to five years over the course of
your career.

Step four: Find that you can’t retire comfortably after 40
years, so you keep working.

And now we are going through the biggest shift in any of our lifetimes. For a century, companies have paid people by the hour, by the week, or by the year. That’s changing on a
global level.
The world is moving toward a performance economy.
And it’s already happening. Here’s what that means: In the future, you’re only going to be paid for performance. You won’t
be paid for your time anymore. Servers in the food industry already live in this model. They get a very low hourly wage required by law and they make their living through tips, based
on their performance.If you can imagine the same model being applied to virtually every job in the world, you will see what is coming.
The person cleaning the rooms in a hotel won’t be paid by the
hour anymore. They’ll be paid per room.

For office workers, here’s an example. A person has a R400,000 annual salary.

Step one: The company will lower that salary to something like R200,000 because with today’s marketplace there are other people to take the job for a lower amount.

Step two: They will reduce their “base” salary to some-thing like R100,000 a year.

Step three: They will tell that person that they can get an additional R300,000 over the year if they hit certain performance benchmarks on a monthly basis. In other words, if they hit their numbers.

28/07/2020

All “jobs” that I know
of fall into one of five
categories:

• Blue-collar
• White-collar
• Sales
• Traditional business ownership
• Investing

Blue-Collar Careers
Here is the Wikipedia definition of blue-collar. “A blue-collar worker is a member of the working class who performs manual labor.” My definition is someone who labors to fix
something, make something, clean something, build something, or service something (or someone). In my life, I’ve worked many blue-collar jobs. And, for anyone who’s ever engaged in this line of work, there is a certain satisfaction in a job well done.

But here’s the big question: Can blue-collar work deliver on The Perfect Career List? The obvious answer is no.

White-Collar Careers
Here is the Wikipedia definition of white-collar.
“The term white-collar worker refers to a person who performs professional, managerial, or administrative work, in contrast with a blue-collar worker, whose job requires manual labor.
Typically white-collar work is performed in an office or cubicle.”

My definition is a person who is employed by someone else to do work other than manual labor or sales.

Many people choose a white-collar career, as it is one of the most socially acceptable of the options available. It has long been viewed as the safe and secure option. Recently that has changed. The implied contract that, if you are loyal to the
company, the company will be loyal to you, is long gone.

back to our Perfect Career List: Can a white-collar job
deliver on the list? Again, the clear answer is no—certainly
not in very many areas.

We’ve talked about blue-collar work, white-collar work, sales, traditional business ownership, and investing. And none of them can deliver on our Perfect Career List. So is the perfect career even possible?
The answer is yes, but to get there you need to understand that everything is changing. The old models of compensation are dead or dying, and we are going through the biggest economic shift in any of our lifetimes.

25/07/2020

Do you feel restless? Do you feel unsatisfied? Do you feel there must be a better way when it comes to your
work and the way you make your living? The good news: There IS a better way, but it’s different than
what you were taught in school. Let me explain.

I like to play an audience participation game. I ask people to help me create the ultimate business and to tell me specific things they’d like to have in that business and things they’d like to avoid. It always makes for a very interesting list. If we were face to face, I’d do the same with you. But you can still comment, now lets create our own what i like to call “The Perfect Career List.”

People usually start naming things they don’t want:
• No boss
• No alarm clock
• No employees
• No politics
• No compromises
• No discrimination
• No educational requirement

And then, as people start to use their imaginations in a
more positive way, they start to visualize some positive attributes:
• Great product or service
• Unlimited income
• Residual income
• Enjoy the people you work with
• Time freedom
• Low risk
• Low start-up costs
• Economy-proof
• Tax benefits
• Fun!

Now, add some attributes of your own on the comments below, but wouldn’t you agree that’s a pretty good start? Imagine being able to enjoy a career with all those attributes!

18/07/2020

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 network marketing, there are no big capital requirements, no geographical limitations, no minimum quotas required and no special education or skills needed. Network marketing is a low-overhead, homebased 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's a business that enables you to travel and have fun as well as enjoy the lifestyle that extra income can provide.

18/07/2020

Network marketing isn't 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 is still 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. Of course some people do make large amounts of money very quickly. Many would say those people are lucky. But success in networking isn't based on luck. (Unfortunately, money won't sprout wings and fly into your bank account no matter what someone has promised you.) Success in network marketing is based on following some very basic yet dynamic principles.

Now let's 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 leverage. You can leverage your time and increase the number of hours of work effort on which you can be paid by sponsoring other people and earning a small income on their efforts. 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.

To be Continued.

18/07/2020

*Q* : Some friends continue to try to recruit me into network marketing deals that seem like some type of money game or pyramid. Other friends tell me they're illegal and I'll get into trouble. How do I know what's legal and legitimate?

*A* : To help you understand what network marketing is, I must first explain what it isn't. First, network marketing isn't 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'll get rich. A pyramid is strictly a money game and has no basis in real commerce. Normally, there's 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 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 and are based on taking advantage of people. For a person to actually make money in a pyramid scheme, someone else has to lose money. But in network marketing, each person can multiply his or her efforts, skills and talents by helping others be successful. Network marketing has proved itself as part of the new economy and a preferred way to do business here and around the world.

To be continued.