Anyone Can Become A Multimillionaire In The Next 20yrs If...
20 years from now is 2041.
I can imagine you thinking, "wow! That's a lot of years from now!". Believe me, it isn't.
About 20 years ago, we just entered a new millennium; year 2000. Some people experience that glorious event. Many were yet to be born.
The retirement age for government workers, in Nigeria, is 60 years. So, if you're currently less than 40 years old, you may as well become a millionaire even before you retire. And enjoy your old age being a multimillionaire.
If you're 20 plus, it means that before you clock 50 years, you would've become a millionaire. And live your life thereafter as a multimillionaire.
What's the plan?
There is a very misunderstood and underrated business model that is certain to make anyone who would give it the necessary attention a millionaire in less than 20 years.
It is no coincidence that this business model is one of the cheapest to start and run with minimal overhead.
This wonderful business is no other than Network Marketing Business.
Network Marketing (also called Multi-Level Marketing, MLM) is one of the fastest growing business in our world today. Though it is the most misunderstood business model, it is also the surest path to true wealth for those that will take their time to learn it.
There are several companies that support this business model, and which ever you love to try out with is just fine.
But note that to make your adventure in the profession of network marketing easier you should look out for four key factors.
1. The Company's History,
2. The Products,
3. The Compensation Plan, and
4. The Support System.
I strongly recommend one company whose products have very good reviews and basically checks all four boxes. That is, Longrich Bioscience International Limited, Jiangsu, China. But like I said earlier, it doesn't need to be Longrich; any company you like is okay.
With a Network Marketing Company, your first purchase is normally the requirement for your registration. After your first purchase, in some companies, it is not compulsory to purchase another item. You can if you want, but if not, you will still be paid.
What is needed to succeed in your network marketing business is a vibrant network.
Creating a vibrant network is the biggest challenge for most newbies in the business.
With this post I will be showing you a practical way that makes it easy for you to be successful in your network marketing business.
Let's assume you join a network marketing company today (for instance, Longrich)
And you give yourself a target of sponsoring (that is introducing) one person (downline) into your business in one year. That is, you give yourself a target that in one year, you must be able to recruit one partner into your business.
Let us analyse it this way:
Year 1: You and Your new partner.
Year 2: You teach your new partner, and he adopts your style of getting one partner (downline) in a year. You become 4 in number, as a team.
Year 3: each 4 partners get new partners of their own. You become 8 in the team.
Year 4: 8 partners recruit one each, becoming 16 members,
Year 5: 32 members,
Year 6: 64 members,
Year 7: 128 members,
Year 8: 256 members,
Year 9: 512 members,
Year 10: 1024 members,
Year 11: 2048 members,
Year 12: 4096 members,
Year 13: 8192 members,
Year 14: 16384 members,
Year 15: 32768 members,
Year 16: 65536 members,
Year 17: 131072 members,
Year 18: 262144 members,
Year 19: 524288 members,
Year 20: 1048576 members.
By the end of your twentieth year in your business, you would had a team of over 1,048,576 members.
If only 1% of your business team recruits or decides to make a purchase in a week, you will have 10,485 transactions happening in your network. That is a minimum of 10,485PVs generated for that week (assuming they make a transaction of 1PV each).
Using the standard in Longrich, 1PV is equivalent to $1 (you can find out about other companies). And $1 is ₦300 (300 naira).
That will be about $10,485 = ₦3,145,500 in a week!
Take note that I have deliberately chosen to make this illustration using the minimum standards possible as follows:
A. Even the worst introvert should be able to recruit one person in a year (356 days).
B. 1% of team members is fair enough for a team with low morale.
C. 1PV* is fair enough as minimum an underperforming distributor would do.
With these I can comfortably say that ANYONE can become a millionaire in less than 20 years.
*PV means Point Value or Product Value. For more details, contact the author of the post.
About the Author:
David Osimheoaghwe Danila (DODTheory) is an engineer, personal coach and network based entrepreneur.
His deep passion and understanding has propelled him to build a network of a large number of distributors, who he has personally trained and mentored into becoming the best in the industry.
Follow him on Twitter at @dod-theorist and on Instagram @dodtheory
Or contact him on +2348186926234 or WhatsApp


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