Aug 03 2012

Success University

Posted by OutLoud Reviews in MLM

Success University founded by Matt Morris is a business system that allows you to make profit through residual income. The concept is that when you are an employee or self-employed you make up 80% of the population but only 20% of the wealth. So you have a job but not the wealth. On the other hand is the Business Owner. People work for them or the investor group. They make up a mere 20% of the population but have 80% of the wealth. This is what is known as the Cash Flow Quadrant by Robert Kiyosaki. 20% of the people in the world have 95% of the wealth and 80% of the people in the world have 5% of the wealth.

That 20% do not rely on their own time to make money. The 80% make money only when they use their own time to work. No work. No income. See how that works? The wealthier groups income generation is not contingent upon time or location, but is virtually limitless. Who wouldnt like to have that kind of financial and physical freedom? Matt Morris states that if you only sponsor 2 people ever six months in 5 years you will have 58,509 in your network. Your reps in turn grow from that 58,509 and you get 1/3 of that. Which in turn means a 7 figure income — sounds too simplistic and unreal, doesnt it?

Before considering this business venture, educate yourself thoroughly on network marketing. This is the key to residual income marketing success. 9 out of 10 people fail with traditional network marketing because they fail to close sales. Success University doesnt require closing sales. Anyone can be sponsored anywhere without leaving your home.

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