Wealth

Showing you how to BUILD WEALTH by covering most, if not all, areas that make up personal finance (making it, saving it, spending it)!

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Recommended Books

I’ve completely changed my life over the last few years through podcasts and books.

For this reason, I’m keeping a running list of the best books I recommend and that have been recommended to me.

I’ve broken down my book list into categories below.

Get A Free AudioBook

Do you want to get one of the books below for free on audio format? Get 1 audiobook a month, good for any title.

Just go to nefeoguntoye.com/freebook and sign up. The folks at Audible will allow you to pick an audiobook for free. It is then £7.99/month after 30 days. Cancel anytime.

Money Management

  1. Broke Millennial: Stop Scraping By and Get Your Financial Life Together by Erin Lowry
  2. Dave Ramsey’s Complete Guide to Money: The Handbook of Financial Peace University by Dave Ramsey
  3. Rich Bitch: A Simple 12-Step Plan for Getting Your Financial Life Together…Finally by Nicole Lapin
  4. The Money Book for the Young, Fabulous and Broke by Suze Orman
  5. The Total Money Makeover: A Proven Plan for Financial Fitness by Dave Ramsey

Make Money

  1. Side Hustle: From Idea to Income in 27 Days by Chris Guillebeau
  2. When She Makes More: 10 Rules for Breadwinning Women by Farnoosh Torabi
  3. You Are A Badass At Making Money: Master the Mindset of Wealth by Jen Sincero

Investing

  1. A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing by Burton G. Malkiel
  2. I Will Teach You to Be Rich by Ramit Sethi
  3. The Little Book That Still Beats the Market by Joel Greenblatt
  4. Unshakeable: Your Financial Freedom Playbook by Tony Robbins

Money Mindset

  1. Overcoming Underearning: A Simple Guide to a Richer Life by Barbara Stanny
  2. Rich Dad Poor Dad: What The Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert T. Kiyosaki
  3. Secrets of the Millionaire Mind: Mastering the Inner Game of Wealth by T. Harv Eker
  4. Think and Grow Rich by Napoleon Hill
  5. You Are A Badass At Making Money: Master the Mindset of Wealth by Jen Sincero

Personal Growth

  1. A New Earth: Awakening to Your Life’s Purpose by Eckart Tolle
  2. As A Man Thinketh by James Allen
  3. Attached: The New Science of Adult Attachment and How It Can Help You Find – and Keep – Love by Amir Levine and Rachel Heller
  4. Awaken The Giant Within: How to Take Control of Your Mental, Emotional, Physical and Financial Destiny by Tony Robbins
  5. Blink: The Power of Thinking Without Thinking by Malcolm Gladwell
  6. Boundaries: When to Say Yes, How to Say No to Take Control of Your Life by Henry Cloud
  7. Breaking the Habit of Being Yourself by Dr. Joe Dispenza
    Chasing Slow: Courage to Journey Off the Beaten Path by Erin Loechner
  8. Daring Greatly: How the Courage to Be Vulnerable Transforms the Way We Live, Love, Parent, and Lead by Brene Brown
  9. Essentialism: The Disciplined Pursuit of Less by Greg McKeown
  10. Flow: The Psychology of Optimal Experience by Mihaly Csikszentmihalyi
  11. How Good People Make Tough Choices by Rushworth Kidder
  12. Just Listen: Discover the Secret to Getting Through to Absolutely Anyone by Mark Goulston
  13. Necessary Endings by Henry Cloud
  14. On Writing Well: The Classic Guide to Writing Nonfiction by William Zinsser
  15. The 15 Invaluable Laws of Growth: Live Them and Reach Your Potential by John Maxwell
  16. The Life-Changing Magic Of Tidying Up by Marie Kondo
  17. The Power of Now: A Guide to Spiritual Enlightenment by Eckhart Tolle
  18. The Universe Has Your Back: Transform Fear to Faith by Gabrielle Bernstein
  19. Today Matters: 12 Daily Practices to Guarantee Tomorrow’s Success by John Maxwell
  20. Way Of The Peaceful Warrior: A Book That Changes Lives by Dan Millman

Success

  1. Be Obsessed Or Be Average by Grant Cardone
  2. Crush It: Why NOW Is the Time to Cash In on Your Passion by Gary Vaynerchuk
  3. Grit: The Power of Passion and Perseverance by Angela Duckworth
  4. How To Win Friends and Influence People by Dale Carnegie
  5. Living the 80/20 Way: Work Less, Worry Less, Succeed More, Enjoy More by Richard Koch
  6. Mindset: The New Psychology of Success by Carol Dweck
  7. Outliers: The Story of Success by Malcolm Gladwell
  8. REWORK by Jason Fried
  9. Secrets of Dynamic Communication: Prepare with Focus, Deliver with Clarity, Speak with Power by Ken Davis
  10. The 10X Rule: The Only Difference Between Success and Failure by Grant Cardone
  11. The Dip: A Little Book That Teaches You When to Quit (and When to Stick) by Seth Godin
  12. The Path To Prosperity by James Allen
  13. The Slight Edge: Turning Simple Disciplines into Massive Success and Happiness by Jeff Olsen
  14. The Success Principles: How to Get from Where You Are to Where You Want to Be by Jack Canfield
  15. Willpower Doesn’t Work: Discover the Hidden Keys to Success by Benjamin Hardy
  16. How Successful People Think by John C Maxwell 

Designing Your Dream Life

  1. Designing Your Life: How to Build a Well-Lived, Joyful Life by Bill Burnett & Dave Evans
  2. The 4-Hour Work Week: Escape 9-5, Live Anywhere, and Join the New Rich by Timothy Ferriss
  3. The Power Of Now by Eckhart Tolle
  4. The School of Greatness: A Real-World Guide to Living Bigger, Loving Deeper, and Leaving a Legacy by Lewis Howes
  5. You Are a Badass: How to Stop Doubting Your Greatness and Start Living an Awesome Life by Jen Sincero

Happiness

  1. Authentic Happiness: Using the New Positive Psychology to Realize Your Potential for Lasting Fulfillment by Martin E. P. Seligman
  2. The Big Leap: Conquer Your Hidden Fear and Take Life to the Next Level by Gay Hendricks
  3. The Happiness Advantage: The Seven Principles of Positive Psychology That Fuel Success and Performance at Work by Shawn Achor
  4. The Happiness Project by Gretchen Rubin
  5. 10% Happier: How I Tamed the Voice in My Head, Reduced Stress Without Losing My Edge, and Found Self-Help That Actually Works by Dan Harris
  6. The Art Of Happiness by Dr. Howard Cutler
  7. Solve For Happy: Engineer Your Path to Joy by Mo Gawdat
  8. The Subtle Art of Not Giving A F*ck: A Counterintuitive Approach to Living a Good Life by Mark Manson
  9. Habits of A Happy Brain by Loretta Graziano Breuning
  10. The Conquest of Happiness by Bertrand Russell

Entrepreneurship

  1. People Over Profit: Break the System, Live with Purpose, Be More Successful by Dale Patridge
  2. Platform: Get Noticed in a Noisy World by Michael Hyatt
  3. Stand Out: How to Find Your Breakthrough Idea and Build a Following Around It by Dori Clark
  4. The Accounting Game: Basic Accounting Fresh from the Lemonade Stand by Judith Orloff
  5. The E Myth: Why Most Small Businesses Don’t Work and What to Do About It by Michael Gerber
  6. The Ultimate Sales Machine: Turbocharge Your Business with Relentless Focus on 12 Key Strategies by Chet Holmes
  7. The War of Art: Break Through the Blocks and Win Your Inner Creative Battles by Steven Pressfield
  8. To Sell Is Human: The Surprising Truth About Moving Others by Daniel H. Pink
  9. Zero to One: Notes on Startups, or How to Build the Future by Peter Thiel

Online Business + Blogging

  1. Ask: The counterintuitive online formula to discover exactly what your customers want to buy…create a mass of raving fans…and take any business to the next level by Ryan Levesque
  2. Dot Com Secrets: The Underground Playbook for Growing Your Company Online by Russell Brunson
  3. Expert Secrets: The Underground Playbook for Creating a Mass Movement of People Who Will Pay for Your Advice by Russell Brunson
  4. Hacking Marketing: Agile Practices to Make Marketing Smarter, Faster, and More Innovative by Scott Brinker
  5. Hooked: How To Build Habit-Forming Products by Nir Eyal
  6. Influence: The Psychology of Persuasion by Robert Cialdini
  7. Pre-Suasion: A Revolutionary Way to Influence and Persuade by Robert Cialdini
  8. ProBlogger: Secrets for Blogging Your Way to a Six-Figure Income by Darren Rowse
  9. Strategies Worth Sharing by Brittany Ann

Self Love

  1. How to Love Yourself (and Sometimes Other People): Spiritual Advice for Modern Relationships by Meggan Watterson and Lodro Rinzler
  2. Madly in Love with ME: The Daring Adventure of Becoming Your Own Best Friend by Christine Arylo
  3. Mastering Your Mean Girl: The No-BS Guide to Silencing Your Inner Critic and Becoming Wildly Wealthy, Fabulously Healthy, and
  4. Bursting with Love by Melissa Ambrosini
  5. The Gifts of Imperfection: Let Go of Who You Think You’re Supposed to Be and Embrace Who You Are by Brené Brown
  6. Radical Self-Love: A Guide to Loving Yourself and Living Your Dream by Gala Darling

Time Management + Productivity

  1. The One Thing by Gary Keller, Gary Keller
  2. Time Warrior: How to defeat procrastination, people-pleasing, self-doubt, over-commitment, broken promises and chaos by Steve Chandler
  3. To-Do List Formula: A Stress-Free Guide To Creating To-Do Lists That Work! Kindle Edition by Damon Zahariades
  4. When: The Scientific Secrets of Perfect Timing by Daniel Pink

Habits

  1. High Performance Habits: How Extraordinary People Become That Way by Brendon Burchard
  2. The 7 Habits of Highly Effective People by Stephen R. Covey
  3. The Achievement Habit: Stop Wishing, Start Doing, and Take Command of Your Life By Bernard Roth
  4. The Power of Habit: Why We Do What We Do in Life and Business by Charles Duhigg
  5. The Slight Edge: Turning Simple Disciplines into Massive Success and Happiness by Jeff Olson
  6. Atomic Habits by James Clear

Leadership

  1. Lean In: Women, Work, and the Will to Lead by Sheryl Sandberg
  2. Start With Why by Simon Sinek
  3. Find Your Why by Simon Sinek
  4. The 21 Irrefutable Laws of Leadership by John Maxwell
  5. 5 levels of leadership by John C Maxwell 

NetWork Marketing

  1. Making the Shift: How to Live Your True Divine Purpose by Wayne W. Dyer
  2. Business of the 21st century by Robert T. Kiyosaki 
  3. The Secret by Rhonda Byrne
  4. The Power by Rhonda Byrne
  5. The Magic by Rhonda Byrne
  6. Go Pro by Eric Worre
  7. The Miracle Morning: The 6 Habits That Will Transform Your Life Before 8AM by Hal Elrod
  8. The Miracle Morning for Network Marketers: Grow Yourself FIRST to Grow Your Business Fast by Hal Elrod
  9. The Miracle Morning for Network Marketers 90-Day Action Planner by Hal Elrod
  10. Dare to Dream and Work to Win by Thomas J Barrett Phd
  11. The Compound Effect by Darren Hardy
  12. The One Thing by Gary Keller 
  13. Leading the Life You want by Stewart D Friedman 
  14. Instant Confidence by Paul Mckenna 
  15. Counseling for Toads by Robert D Board 
  16. Inner Game of Selling by Ron Willingham 
  17. Personality Plus by Florence Littauer 
  18. I Can Make You Rich by Paul McKenna 
  19. Cash Flow Quadrant by Robert Kiyosaki 
  20. It’s Not About You by John David Mann and Bob Burg 
  21. Real Leadership Real Time by Dr Tom Barratt 
  22. The Tools by Phil Stutz 
  23. A Guide to Stress Free Living by Amit Sood 
  24. You Were Born Rich by Bob Proctor 
  25. Ask and It Is Given by Ester and Jerry Hicks 
  26. Beach Money by Jordan Adler
  27. Better Than Beach Money by Jordan Adler
  28. Make Today Count by John C Maxwell 
  29. Eat That Frog!: Get More Of The Important Things Done Today by Brain Tracey 
  30. Drop The Pink Elephant by Bill Mcfarlan 
  31. Stand and Deliver by Dale Carnegie 
  32. Feel The Fear and Do It Anyway by Susan Jeffers 
  33. Your Erroneous Zones: Escape Negative Thinking and Take Control of Your Life by Dr Wayne Dyer 

Spiritual

  1. Untethered Soul: The Journey Beyond Yourself by Michael Singer 
  2. A Return To Love by Marianne Williamson 
  3. The Breakthrough Experience: A Revolutionary New Approach to Personal Transformation by Dr John F Demartini 
  4. The Alchemist: A Fable About Following Your Dream by Paulo Coelho
  5. Synchrodestiny: Harnessing the Infinite Power of Coincidence to Create Miracles by Deepak Chopra 
  6. Seven Spiritual Laws of Success by Deepak Chopra 
  7. The Power of Intention by Wayne Dyer
  8. I Declare: 31 Promises to Speak Over Your Life by Joel Osteen
  9. You Can, You Will: 8 Undeniable Qualities of a Winner by Joel Osteen
  10. Destiny: Step into Your Purpose by T.D Jakes
  11. Believe That You Can by Jentzen Franklin

Hope you enjoy these books as much as I do!

Cheers!

– Nefe

Wealth

Is Network Marketing Better Than A Job?

Network marketing or social marketing is a good career for a select few. It will be a waste for most others. As with any business, a successful multi-level marketing (MLM) venture will require a significant investment of time and effort. Done correctly, it’s a great way to build wealth. But there’s no room for people who think they can make a quick buck with it.

What is network marketing?

Network marketing is a referral-based sales business. A company will offer a product or a service and recruit others to sell it for them. Sales reps, who are independent contractors and not employees, are paid commissions for what they sell. If they recruit other reps, then they’ll also earn a portion of their sales, too.

As a basic example, let’s imagine that a company uses an MLM model to sell laptops. You might join because for each one you sell, you’ll earn a 10% commission. If you recruit me into the business, you’d also earn a 2% commission on each laptop I sell. And if I recruit someone else, you’d earn 0.5% on each one they sell, and so on.

What are the advantages of network marketing?

Yes there are some and you should be aware of them before proceeding.

🌱 Ready Made Product

The greatest advantage of social marketing is that you can build a thriving business without having to develop a product or a brand. The company provides it for you; all you need to do is sell. A well-managed firm will have systems and marketing material available to bolster your chances of success.

🌱 It’s Scalable

You can develop your business into a vast enterprise with numerous layers of recruits. If you’re willing to invest the time, eventually you can have enough sales reps on your team to walk away from it altogether. A network marketing venture can thus be an effective income producing asset. There are plenty of MLM entrepreneurs who earn six and seven-figure incomes passively.

🌱 Develop Skills

Network marketing is a great way to develop sales, public speaking, leadership and management skills. I often suggest it to aspiring entrepreneurs who haven’t yet decided what they want to pursue. Network marketing may not make you rich overnight, but it can teach much of what you need to know to have a successful business. You can use it as a training ground.

🌱 Be Part of a Community

A lot of people find value from the mentorship and personal develop components involved in network marketing. If you participate in MLM, you’ll join a community of like-minded others. Your peers will want to reach financial freedom, they’ll stand by their product, they’ll believe in their mission and they want to expand their skill set. That’s valuable in and of itself.

What are the disadvantages of network marketing?

Yes there are some and you should be aware of them before proceeding.

🌱 Scams

The MLM world is a hotbed for scams and shady characters. Companies like Business in Motion were found to be Ponzi schemes. Karatbars international, OneCoin, MMM and several others have all had run-ins with the authorities. In December 2016, Vemma paid a $238 million settlement to the US Federal Trade Commission (FTC) for non-compliance issues. I’d suggest reading sites like BehindMLM.com and ThompsonBurton.com to keep abreast of current events.

🌱 Changing regulatory framework

Trade and securities regulators have pushed network marketing companies to base their compensation models on sales commissions, rather than on recruitment. They take issue with firms who pay people to simply find others to join instead of actually selling the product (Vemma, for instance). It’s likely that regulators will continue to scrutinize the MLM industry.

🌱 Your asset can disappear

If the company folds or terminates its relationship with you, that will destroy the asset you spent years building. MLM participants are reliant on the good standing of the company. One way to hedge against that risk to is to maintain close relationships with those in your downline. They would then be more likely to come with you if you choose to switch businesses.

🌱 Costs

Most network marketing businesses come with some sort of fee to join. It will usually be in the form of a minimum monthly product purchase, a start-up fee or an annual membership expense. Moreover, there are often incentives to pay more in order to upgrade or qualify for higher bonuses.

You could also look at it from a different perspective, though. Most small businesses come with start-up costs. Paying a few hundred or a few thousand dollars to participate is cheaper than a lot of other ventures.

Is Network Marketing a good career?

Network marketing can be a great career, contingent on a few factors. They include:

🌱 The effort you make

Most people become disillusioned with network marketing because they expect to make money quickly. After a few months of dismal results, they either quit or become inactive. Even worse, they often write off the experience as a scam. To be clear: MLM is a small business. Just like any other entrepreneur, you’ve got to work hard for years before you’ll see results. If that’s not an option, then network marketing (and business in general) is not right for you.

🌱 Your tolerance for volatility

Income in any business is never stable, nor is it guaranteed. As an early MLM entrepreneur, you may experience months of decent earnings followed by droughts. The business won’t produce reliable passive income for at least a few years. Such volatility can be stressful and emotionally draining, especially for those with high expenses. You should be prepared for earnings swings and manage the money you do make carefully.

🌱 How you spend your earnings

It’s common to spend your network marketing earnings on upgrades and training packages. The company will often encourage you to do so, justifying it as an “investment in yourself.” While there’s truth to that, people often go overboard. They’ll dump most of what they make right back into the firm, leaving little for themselves. Doing that too often can dry you out.

As a rule of thumb, you should try to invest in activities that will directly produce revenue. For example, if you spend £200 at a hotel to host a recruitment seminar, you might make £1,000 from it. That’s opposed to spending £200 on sales training and justifying it by saying, “Well, the skills I develop will be worth it.” Continually purchasing programs and activities that have indirect potential can be a dangerous trap.

🌱 Finding the right company

There are a lot of MLM junkies; people who hop from one network marketing firm to the next. They abandon the former each time a shiny new business opportunity arises. Frequently jumping ship will preclude you from spending enough time on your venture. You’ve got to find the right firm and stick with it. As part of your due diligence, you should consider:

🌱 Whether the company’s product/service is good

🌱 What systems the company has in place to promote your success

🌱 The quality of the firm’s marketing

🌱 Any hidden costs

🌱 The compensation plan (is it lucrative? Is it sales-based or recruitment-based?)

🌱 Legal or compliance issues

While researching prospective companies, you’ll probably find websites that call them scams. I’ve never seen an MLM business without bad press online. There will always be someone who says they were ripped off. In my opinion, you should base your conclusions on evidence. Sometimes, where there’s smoke there’s fire. Other times, however, people are either disgruntled or they’re trying to drive traffic to their own network marketing venture. Don’t ignore what you read online, but strive to understand the context in which it was written.

Is Network Marketing Better Than A Job?

What’s my experience been like Network Marketing with Arbonne?

I registered as an Independent Arbonne Consultant in January 2014. At the time I was disillusioned and I thought I could promote to the top of the company in 3 months and be making some ‘Gangsta Money’. Luckily my sponsor sat me down and explained the compensation plan to me and told be about the average time it takes people to promote.

With arbonne the there have been people that got to the top of the company in 6 months, and others that took 13 years! I am have been with this company for 5 years now and I’m not were I thought I would be by this time but I am making steady progress each day. Having been a traditional business owner, having worked in the corporate world for years, and now being a part time network marketer, I agree 100% with the video above!!

A Final Thought

Network marketing can be a good career to pursue. You can do quite well if you build a team of hard-working individuals. The passive income that can be produced is vast. It is certainly a vehicle to reach financial independence.

But MLM has pitfalls. Perhaps the main one is people being convinced that it will lead to easy money and then discovering the truth afterwards. If you make an informed decision and work hard towards success, then I’d encourage it. If you can’t commit to that, though, look elsewhere for opportunities.

Wealth

Five Years Into a Lifetime of Learning

Lessons Learned

When I started my online retail business I remember feeling overwhelmed, small and challenged… like I have a lot to do. On the 27th January 2019, I celebrated my 5th anniversary with Arbonne International and NOW feels like a perfect time to reflect.

When I first started, I was determined to become known in my new business so I had to get to work in my biz but also work on myself. Hearing that my thoughts become things I decided to take a good hard look at my mindset, to monitor what happens inside my mind, it was creating my reality, and I had the power to change those neural pathways if I wanted to.

The learning and personal growth I have experienced over the past five years has been phenomenal – I have much greater awareness of who I am, my strengths and flaws, and am working to uncover and clear some of my deep-seated fears and unconscious beliefs to free up how I see the world and what I am able to create in my short but impactful time on earth.

I’m doing this work to help myself and others, and have embarked on a deeply satisfying and challenging certification to become an intuitive coach – something I’ve yearned to do for years, and also a huge investment in myself.

While I’ve been busy at work on myself and on my business – here are some reflections what happens when you get outside of your comfort zone.

 CHALLENGE YOURSELF: I’ve cultivated a new love of challenging myself – whether physically to do things I firmly believe I cannot be or do (like run a marathon!) and in business too.

 SET SMART GOALS: It’s a vital skill to learn goal setting, and goal reaching too. It’s a practice I’m actually quite naturally averse to, but it really does yield life-changing impacts. This is simply a title and my belief is that we never “arrive”, we have never “made it”, that there is always more to do. And once we make it to the top of the company, that’s when our training wheels come off! This is simply part of my apprenticeship and my goal is to bring 100 people to the top of this company with me!

 APPRECIATE LIFE: I used to be intensely fearful of death, of becoming nothing, of ceasing to exist. But now I know in my core that we are so privileged to experience life, and I have an intense appreciation for the present. I would not have reached this milestone and deep knowing in my development without my business journey. And for that I am so grateful.

 FIND YOUR SOUL SISTERS: We have cultivated a collection of the most incredible leaders in our team – I have gratitude for their growth and commitment, their spirit and energy. An extraordinary group of normal people from all walks of life who can see the beauty and simplicity of our business, are keen for a better way to work, and want to help others achieve time and financial freedom. We arrange leadership academies, team wellness weekends, training and events, we present at our conferences, we walk the stage to be recognized and are receiving top achiever awards for all of the UK. We know that what we do works.

 CULTIVATE NETWORKS: We have become closely connected to many other leaders in other teams and creating a hugely supportive business network within our company, not competitive but loving and collaborative, with true friendships with some of the best and kindest people I know. This includes our head office team who are humble, hard working, talented and committed and exceptional humans.

 LEAN IN: As we know, the journey of a thousand miles begins with a single step. We all begin where we begin, and that’s OK. But don’t delay the journey just because you can’t see where you’re going, or where it leads. All I can promise you is that if you can lean into YOUR journey, it will be the most spectacular adventure you can imagine.

A Final Thought

In short, this business has to be the best (and most challenging) thing I’ve done for myself in five years. But ultimately our culture lifts people up, because we believe that the world would be a better place if it had more enlightened millionaires in it.

If you are looking for something more, I would love to hear from you. I want to understand what drives you, what is present and missing in your life, and find out the pathways you can take to discover and live out your own sacred purpose in this world.

I am so grateful for you, because just by reading this you are helping me build a network of consumers who choose products without toxins, animal products or testing, fillers, endocrine disrupters. Because it starts with the products, but we are using this business to drive social change and make our world a better place.

Wealth

Understanding Network Marketing

What is Network Marketing?

Network marketing is a type of business opportunity that is very popular with people looking for part-time, flexible businesses. Some of the best-known companies in America, including Avon, Arbonne International, Mary Kay Cosmetics and Tupperware, fall under the network marketing umbrella.

It is a business in which common people can invest a small sum of money and rise to staggering levels of financial reward and personal freedom.

Each day millions of people report to work,… where your employer leverages your time to build his or her business and financial future.

In Network Marketing we help and assist others in building their business. We are also leveraging their time, with each of us is gathering customers along the way. Hence the name Network. We get paid for this because we are assisting, coaching and helping them to establish their business.

Why is Network Marketing Better?

Who Are the Top Network Marketing Companies in The UK?

🌱 Arbonne International.

🌱 Utility Warehouse

🌱 Herbalife

🌱 Amway

🌱 Forever Living

🌱 Oriflame

🌱 Simply Naturals

🌱 Tropic Skin Care

🌱 Avon & 🌱 A.C.N

The above list has been compiled from NetworkMarketingHQ.co.uk teams own independent research of over 100 of the top companies, and should not be a substitute for doing your own due diligence.

How Should You Choose a Network Marketing Opportunity?

So now you know “who” the top network marketing companies are, but how do you go about deciding which company is best to work with? Well the answer is this. There are four very important things to look for when deciding which network marketing opportunity is going to be the perfect fit for you.

🌱 People

The people you are going into business with is the most important thing to look at. Why? Think about it, you can make any of the top 10 companies work if you go into business with the right people.

You want to be sure you are going to receive the very best coaching, training and mentoring in order to ensure your business is a success. You see, the person who sponsors you into the business is going to be your mentor, and it is his or her job to help your business get off the ground in the very best way possible. Let’s be honest here, we all need help when we start out in something new.

So are you going to receive all the guidance, coaching and training you need in order to be both profitable and successful?

🌱 Product

The product is also an important thing to look at. Do they have a good range of products? Do they have a product people are going to love, and is the product consumable?

So let’s look at this in more detail. Ideally you want to choose a company whose product people are going to love. Why? Well because you are going to happily recommend products you love, and you’ll do this whether your doing network marketing or not.

Do they have a good product range? You want to choose a company that does not just focus on one or two main products, because this limits you as to what you have available to sell to your customers.

Is the product “consumable”? This is very important, and here’s why. You do not want to choose a company whose products are not being used day to day in people’s lives. You want to have a product range that is consumable, like make up, shampoo and nutrition, as these are products that your customers might still be using in say 40 years’ time. So you never have to worry about your income stream drying up.

Now this is the difference between having a business that earns £1,000 per month and having a business that earns over £10,000 per month.

🌱 Compensation Plan

The compensation plan is how you get paid. Let me start of by saying this, all the top network marketing companies compensation plans work!

However, you still need to look at this to make sure you are allowed to “go wide”. Going wide means you are not limited as to the number of people you will be allowed to bring into your business as partners.

Some network marketing companies do put a cap on this, which will limit the amount of income you can generate. The reason this is important is because difference between bringing five new people and ten new people into your business, is actually going to be thousands of people later on.

So, you want to look for a compensation plan that allows you to sponsor an unlimited number of people into your business, as this will give you unlimited earning potential and not hurt the growth of your business.

🌱 Global Option

Does the network marketing company you choose have an option to go global? Why is this important? Because you are not then limited to having a business that just caters to people in the UK alone.

You may wish to “go global” with your business and start looking for people to join your team from countries like Australia and USA.

In fact, you might even one day consider moving to a warmer climate and if the network marketing company you choose is also in the country you are moving to, then you can take your business with you, otherwise, you may have to start from scratch.

A Final Thought

So in closing I just want to say as long as you follow our guide above, you can easily find a top network marketing company that is the perfect fit for you.

I personally am an Independent Arbonne Consultant. I found that Arbonne best aligned with my personal beliefs and ethos and I loved the people I would be working with. If you want to find out more about Arbonne or working with me directly then please get in touch.

I hope you have found this informative and useful.

Thank you for reading.

Wealth

Get Rich Lucky B***** Principles

This book opened my eyes, through the “f-bombs” and the light-hearted approach, it unpicked an uncomfortable chest of money mindset baggage that I hadn’t recognised before. For thirty plus years a (familiar I’m sure) money story of a relative’s bad investment advice and financial ruin had chipped away and made me afraid of money. I had convinced myself I had a finite “pot” of money available to me, which could not and would not be replaced. I am not afraid to admit the revelation had me in tears.

Denise Duffield-Thomas is a self-described ‘money mindset mentor’ who helps women work on their attitudes to money. A lot of her work is aimed specifically at female entrepreneurs, but I think that most women can benefit from her lessons, whether you own a business or not

If you are interested in getting what you deserve in life; if you feel that you are undervaluing yourself and holding yourself back, then this is something you need to give this book a chance. You may finish with a different perspective, but these are the two things that made the biggest impact on me.

Money blocks

Get Rich, Lucky Bitch! is subtitled ‘release your money blocks and live a first class life’. The first half of the book is dedicated to identifying and clearing your money blocks.

So what is a money block? Simply put, a negative belief or attitude around money. According to Duffield-Thomas, everyone has these blocks which are holding them back from their full earning potential. It could be something you’re very aware of, or it could be something subconscious – perhaps a deep-seated childhood memory.

Everybody has blocks to some degree, but women often have more of them than men. A lot of it comes from the way girls are brought up to be ‘nice’, and how we’re used to seeing men as the highest earners and might not feel comfortable stepping into that role ourselves.

Some examples of common money blocks are:

🌱 I shouldn’t earn more than my partner/father/friends

🌱 To get rich I’ll have to work 24/7, which means my family will suffer

🌱 Rich people are greedy

🌱 People from my background just don’t get rich

🌱 My friends will be jealous and dump me if I start earning more than them

If any of these ring true, you might subconsciously be sabotaging your career or business to avoid becoming rich!

The section on money blocks was really valuable for me. I’ve been reading and writing about money for several months now, but I was amazed how much I learned about myself working through this section.

In my case, I realised I was still holding grudges against ex-boyfriends and former employers who I blamed for messing up my finances years ago! A lot of memories came back reading this section.

Thanks to Lucky Bitch, I’m working on getting a grip, and moving on to the next part… making more money!

Manifesting money

Get Rich, Lucky Bitch! is also strongly centred around the idea of ‘manifesting money’. This refers to the law of attraction: the concept of attracting what you want through positive thoughts, first introduced in Napoleon Hill’s personal finance classic Think and Grow Rich and later popularised in the 2006 book and film The Secret.

My understanding of the law of attraction was that you basically just told ‘the universe’ what you wanted, and then sat back and waited for mystical forces to happen. Clearly a load of woo-woo rubbish.

Ok, this book is still a little woo-woo in places, but it also has an emphasis on taking action yourself to manifest what you want. Duffield-Thomas explains how the most important action to take is changing your mindset, and the rest will fall into place from there.

So if you want to earn an extra £1000 each month, you don’t just announce it to the universe and then sit back and wait for the money to roll in. Rather, you set a clear goal for what you want, and repeat it morning and night. You make sure you’ve cleared any money blocks and aren’t self-sabotaging your own business. You remain completely focused on your goal and confident that you will make it happen.

Then, you start getting out there and looking for opportunities to make it happen! The more focused you are on your goal, the more receptive you’ll be to any little opportunities will come your way, and the harder you’ll be working to make your own luck.

I’m still not exactly a convert to the whole law of attraction thing. But, I do think that following some of the principles can bring results, regardless of the workings behind it.

Many experts agree that mindset, focus and motivation are the key ingredients in success. Maybe it doesn’t matter so much what you believe, as long as you’re taking positive action.

Step 1: Clearing all the possible obstacles for your biggest goal.
Steps 2&3: Getting specific & creating practical daily magic.
Step 4: Creating ripples & making it all happen… in the real world.
Step 5: Learning the “not so magic” words that bring it all together.

A Final Thought

For me, this book wasn’t a one-time read. I read over it once to get an idea of Denise’s process, but have re-read it so I refine what I do with the information.

It’s hard to find that “it” self-help book but for me, this is it. I’m a laid-back, workaholic introvert and loved the fact that this book showed me clear ways to take action with what I do have while boosting my self image (in a non-damaging way).

I’d expect this to be a great part of any self-improvement library, even if it’s not your foundation book.

You can purchase your own copy HERE

Wealth

You Are A Badass At Making Money Principles

Have you read any books about money mindset lately?

They have the power to unblock you so that you can become financially free.

I started reading these books a few years ago (Secrets of the Millionaire Mind was my cherry-pop!) because I realised that otherwise money would just keep going through my fingers, because I wasn’t paying it enough focus, attention and respect. Looking at your financial blueprint is a pretty interesting exercise, I have modeled my parents financially up until now (more mum than dad) and when you run the finances for your family, that’s a lot of bad habits to break or the knock-on effects for you and your future will be huge!

Jen Sincero

Up until a few years ago, Jen Sincero, author of “You Are a Badass at Making Money,” would have agreed that she was the last person you should go to for money advice. As a 40-year-old freelance writer living in a converted garage and barely making enough money to scrape by, she wasn’t exactly the poster child for financial success.

However, that all changed once she finally decided to get serious about her financial situation, especially the way she thought about money and the way she dealt with it on a daily basis.

Fast forward to a few years later when Sincero became a New York Times-bestselling author and there’s no doubt that the changes she made have paid off in a big way.

To that end, I decided to see what financial lessons “You Are a Badass at Making Money,” Sincero’s second book, would provide.

Though this book is mostly about mastering your money mindset, there are a few practical tips that anyone can employ, no matter where you are on your financial journey.

1. Get Clear On Your Financial Goals

If you don’t have them already, Sincero says that you have to get clear on your financial goals before you can do anything else to grow your wealth. By that, she means so much more than just picking a number that would be nice to see in your bank account.

To her, setting financial goals means getting clear on why you want the money, what you intend to spend it on, and how great it will feel once you finally have it in your possession. The more specific you can get with these details, the better — like saving up for a down payment on a house, getting out of credit card debt, or taking that bucket-list vacation.

These goals are meant to give you something concrete to work towards and an incentive to keep making changes in your life, even when those changes feel uncomfortable.

Sincero is the first to admit that changing your money mindset is not easy, but she believes that when you have a few firm goals in mind — especially ones that you want more than the comfort of your old behavior patterns — you can overcome just about any obstacle.

2. Be Willing To Change

With that in mind, her next financial lesson is that, if you want to make more money than you’re making right now, you also have to be willing to make some changes in your life, particularly changes that will push you out of your comfort zone.

Sincero believes that we play a role in creating our current financial situations by following the same patterns of behavior over and over again. This could mean working at the same job for years on end without asking for a raise or continuously spending money on shopping sprees.

But, whatever your personal patterns are, she’s clear on the fact that you need to make the conscious decision to be willing to change your habits before you can actually set about altering them.

3. Take Decisive Action

Once you’ve set your goals and have come around to the idea that some of your habits need to change, the next step is taking decisive action.

Sincero recommends starting by creating a plan for how you intend to meet your goals and then breaking that plan down into bite-sized action steps. For example, taking a second job in the field where you want to start a new career or hiring someone under you to help you handle more business.

She also notes that you don’t have to have the whole plan figured out right away. In fact, in her mind, it’s better to stay open to different possibilities rather than get too laser-focused on following one path. But the key is that you start taking steps toward meeting your goals as soon as possible.

4. Invest in things that will help you grow financially

Sincero is a big believer that you have to spend money to make money. For her, these investments looked like hiring someone to do her website for her when she was first getting her editing business off the ground and signing up for a few different coaching services in order to push herself to take her business to the next level.

Though your investments may be different, she cautions against letting the fear of spending money hold you back from investing in something that will have a huge payoff down the road.

However, she does note that when you’re making a large investment, you need to be sure that you’re willing to do whatever it takes to make it worthwhile in the end.

5. Don't give up

Sincero’s last tip is simple: Don’t give up.

Again, she admits that the road to changing your financial situation is rarely ever simple. However, if you have the tenacity to keep trying and you stay focused on your goals, she believes that everyone has what it takes to create real and lasting change in their lives.

Some cool things about doing this work:

  • You start to understand your conscious and subconscious thoughts about money, and are able to rewire it.
  • We live in an abundant universe. You can plug in to this and see what turns up in your life!
  • We are all a work in progress. No one is every finished. At each new level there is a new devil to face.
  • Keep learning and implementing your learning each day – that is all part of the fun.
  • You get to invest in yourself and also to give back. And life is better that way!

A Final Thought

What we focus on expands, so by putting daily affirmations in, like I AM AN ABUNDANT BADASS AT MAKING MONEY, will not only make you smile when they pop up on your phone, but will also help to rewire your brain so that is the way you think, act and become.

Other things you can do include putting your financial priorities on your daily success list, journaling the bigger picture of what you’re creating in the next 3-5 years, and things will start to shift, at the same time as you continue to work on it.

If you’re resistant to talking or thinking about money, let it be a sign that you need to give it more attention and there is something you need to learn in this space.

Have you read any of these books? Have you money blocks that you’re working on? I’d love to hear about them!

Resources:

Wealth

What I Learned From The Book “The Richest Man In Babylon”


In 1926, George Samuel Clason published a series of pamphlets written in parables that was set in the ancient city of Babylon. The book became known as The Richest Man in Babylon and has become a classic in financial literature. I first encountered this little book a couple of years ago and was blown away by the simplicity of the story and by the tried-and-true lessons it presented for accumulating wealth.

The story follows the characters Bansir who was a chariot builder and Kobbi who was a musician. The two had become the best at their craft but yet had no money and were poor (Can you relates?).

They went out to seek the advice of their childhood friend Arkad who in contrast had grown very rich and amassed fortunes. The lessons that Arkad provided for his friends was the premise of the book and they are lessons of wealth building habits that I believe every rich person has followed to accumulate their wealth. Below are lessons in this book that explains how you can become financially stable and wealthy and I believe these lessons will help all of us build a firm financial foundation on our way to becoming the richest person we can become.

1. Pay yourself first – “Start thy purse to fattening.”

One of the greatest lesson the book has taught is this first lesson. When Bansir and Kobbi seeked the advice of their very wealthy friend Arkad he tells them a story. Arkad was once a poor scribe who made a deal with a rich man to find out the secret to wealth in exchange for his work on a clay inscription. The rich man gave him a very valuable advice “I found the road to wealth,” he said, “When I decided that a part of all I earned was mine to keep. And so will you.” Although this is a very subtle message it is very powerful in accumulating wealth. We cannot accumulate wealth if we do not save what we earned. We can do that by paying ourselves first and foremost before we spend any of the money we have earned.

Did you ever wonder why the U.K. government takes taxes on our wages before we can get to it? The U.K. government (HMRC) knows this law well. They pay themselves first with our money. This is why we must be vigilant to pay ourselves first with every money we earn. The book recommends that we pay ourselves 10% of all that we earn. For every pound that we earn, 10 pence should go to pay the person you see in the mirror every morning. You may call it the “Me Tax” if you like.

The difference between rich financially stable people versus poor broke people is knowing this first rule. Wealthy people pay themselves first and poor people do not. Before we start paying others or start spending the money we earn we need to pay ourselves first.

A part of all you earn is yours to keep. It should be not less than a tenth no matter how little you earn. It can be as much more as you can afford. 

2. Live below your means – “Control thy expenditures”

If we have paid ourselves first at least 10% of what we earn that leaves us with 90% or less of our income to live on. Controlling our expenditures enable us to make good use of the money we have left over after we have paid ourselves. There have been many advice on frugality over the years but I think it will not solve the problem for the majority of us until we truly define what money is to us and also define the difference of need vs. want.

The best advice to becoming wealthy is to keep expenditures down even when our earning power increases. Many of us have the habit of spending more as we earn more and it’s not unusual to see someone splurging and suddenly their expenses go up as they start earning more. For example, if we suddenly have a £2,000 – £3,000 raise it is best to maintain our current expense level as if the raise never happened. Instead we can tuck that extra money away into our savings or investment. Controlling expenditures will mean living below our means. When we live below our means we accumulate wealth faster. We can think of it in this way, our earning power is our ‘offence’ and controlling our expenditures is our greatest ‘defence’.

Budget your expenses so that you may have money to pay for your necessities, to pay for your enjoyments and to gratify your worthwhile desires without spending more than nine-tenths of your earnings.

3. Make your money work for you. (“Make thy gold multiply”)

I believe this lesson is about investing our money and letting it work for us. I personally believe that each and every one of us should think about investing only after we have built our savings and an Emergency Fund. After we have accumulated 6-8 months worth of expenses in our Emergency Fund it is only then that we should consider about investing our money on other investment vehicles. Our Emergency Fund is a security blanket especially during this time of economic downturns.

If everything else is good and gravy, making our money work for us is a great way to accumulate wealth. There are many investment vehicles we can tackle but the best thing we should all be aware of is that we should never invest in anything we do not completely understand. Investing our money will mean becoming knowledgeable about what we are investing in as well as the repercussions if the investment does not pan out as well as our potential exit strategies when we are ready to take our money out. There are many ways we can invest our money such as stock markets, real estate, businesses, and so on. We must do our diligent effort to find great investments so we ensure our money will multiply and work for us.

 …put each coin to work so that it may reproduce its kind even as the flocks of the field and help bring to you more income, a stream of wealth that will flow constantly into your purse.

We should also invest our money to ensure we have a steady and safe income while taking advantage of compounding interest we receive from our investments. Time is our biggest ally and as our investment accumulate interest and the money we get from the interest earns interest and so on this is how we can make our gold multiply.

4. Insurance protects our wealth. (“Guard they treasures from loss.”)

Have you ever had a car accident? I never have but I know people who have. One of my friends was in an intersection when a car on the left passed a red light and hit their motorbike head on. Thankfully no one got hurt. And thankfully they both had insurance!

Insurance helps safeguard our wealth by absorbing potential loss and mitigating our financial situation. There are many insurance we can buy and we should do our research on which one and how much we need. A renter’s insurance or a homeowner’s insurance helps protect our homes.

Another one is long-term insurance which become suitable to help us as we grow older and help protect us from medical expenses and long-term care.

We should all consider buying insurance now in case we need it if something happens. This is a proactive approach and one we should take and not forget. The idea is that we will never have to use the insurance but in case something does happen we are protected financially from the loss it would have caused.

5. Your home is your biggest expense. (“Make of they dwelling a profitable investment”)

Our homes are potentially the biggest expense we have to tackle. Many of us do not own a home and instead rent one. There is absolutely nothing wrong with that but I believe the lesson we can learn from this one is that we should manage our biggest expense smartly. Many of us have decided to take on a huge mortgage to buy our home and after the real estate bust many were left with homes that lost their value and in many cases were underwater. I believe the lesson we can learn from that was that we needed to ‘live below our means’ and buy or rent a home we can comfortably afford.

Since our home is our biggest expense we must play great defence in this arena to lessen that expense as much as possible.

I learned this lesson from my mentor when I asked how he bought his first home. Even though he could afford a home twice as much as the price of his current home, he was happy with what he bought. It was affordable, in a location that he liked, and had enough space for him. He does not sweat the mortgage since it is comfortably affordable for him and he is trying to pay it off faster with the extra money he earns.

I know that many think their homes are an investment but the truth is it really is not. It is an expense and a very high expense at that and one we must manage carefully.

6. Have a retirement plan. (“Insure a future income.”)

A 25 year old earning an annual salary of £40,000 with an annual raise of say 3% will have earned an estimated £3 million if they retire by age 65. That’s about 40 years of working and earning. We should have a retirement plan if we want to retire comfortably. We can do that by setting aside money to be invested for our retirement. There are many retirement investment plans out there such as ISA’s, private pensions, etc. The younger we can start putting money away for our retirement the better. When we start putting money away for retirement early we take advantage of a magical thing called ‘compounding interest‘.

Our net-worth does not equal our self-worth. We need to keep them separated.

Remember that money is of a prolific generating nature. Money can beget money, and its offspring can beget more.

Compounding interest is known as the eight wonder of the world. Benjamin Franklin knew of this knowledge. Did you know that Benjamin Franklin left 1,000 pounds (about $5,000 in today’s money) when he died to a trust. He bequeathed that trust and left it to his favourite cities Philadelphia and Boston with the provision that the money was to remain untouched for as long as 200 years. What was left in the trust after it grew was the amount of $2 million given to Philadelphia and a whooping $5 million for Boston. The lesson we can learn from this is to make time work for us when we plan for retirement by starting early. Time can be our retirement’s greatest friend.

7. Invest in yourself. (“Increase thy ability to earn.”)

The best way we can increase our earning is by investing in ourselves. We can do that by continually learning and striving to develop ourselves. We are now in a very exciting time: the Information Age where knowledge is literally within our fingertips thanks to the Internet. I really love the OpenCourseware idea where many schools including Ivy Leagues post their whole class courses for free. It’s a great way to learn on our own. Another one is Coursera which has many online courses for free from Finance to Philosophy, check it out.

Those eager to grasp opportunities for their betterment, do attract the interest of the goddess of fortune. She is ever anxious to help those who please her. And who is she pleased with? She is pleased with those who do – rather than those who merely talk and engage in wishful thinking. Action will lead you forth to the successes you desire.

There are many things we can learn on our own and should strive to make ourselves well-rounded. Whether we learn to eat more healthy, enhance our current work skills, or learn to make more money, we must take the initiative to invest in ourselves. When we become smarter and wiser our ability to earn more also increases.

The 5 Rules of Gold from the “Richest Man in Babylon”

  1. Gold comes gladly and in increasing quantity to any man who will put by not less than one-tenth of his earnings to create an estate for his future and that of his family
  2. Gold labours diligently and contentedly for the wiser owner who finds fir it profitable employment, multiplying even as the flocks of the field
  3. Gold clings to the protection of the cautious owner who invests it under the advice of men wise in its handling
  4. Gold flees the man who would force it to impossible earnings or who follows the alluring advice of tricksters and schemers or who trusts it to his own inexperience and romantic desires in investment
  5. Gold slips away from the man who invests it in business or purposes with which he is not familiar or which are not approved by those skilled in its keep

Track Your Wealth. (Know where you are and where you are going.)

In order for us to know where we stand financially we need to face the whole truth of our current situation. We can do that by tracking our current wealth or lack thereof. This is a tough exercise but we must face the truth of how we earn and spend our money in order for us to know where we are going. There is a big difference between wealthy people and those who are not, wealthy people know their net worth while the poor do not pay particular attention nor care at all about tracking their assets and liabilities.

You cannot manage what you do not measure.

Bill Hewitt (co-founder of Hewlett Packard) Tweet

We can track our wealth by creating a spreadsheet of all our months earnings and expenses and tallying the difference between the money we earn and how much we spend. When we do this work we are able to gauge how we are doing financially. We can also track our net worth by calculating our assets versus our liabilities (our debt). If you have not done this work yourself it is an eye-opening experience. In order for us to fully develop a plan to be wealthy we need to learn how to track our wealth so that we may know where we want to go and create a plan to get there.

A Final Thought

Working on your finances takes time and consistent effort. It is not an overnight affair. You will have slip ups and setbacks along the way so don’t give up on the journey.

I hope you learn and enjoy this article. Please feel free to share your advice and leave a comment for us.

Resources:

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