Grow rich from zero

Multi-level marketing (MLM), (also called network marketing, direct selling, and referral marketing,) is a term that describes a marketing structure used by some companies as part of their overall marketing strategy. The structure is designed to create a marketing and sales force by compensating promoters of company products not only for sales they personally generate, but also for the sales of other promoters they introduce to the company, creating a downline of distributors and a hierarchy of multiple levels of compensation.

The products and company are usually marketed directly to consumers and potential business partners by means of relationship referrals and word of mouth marketing.

MLM companies have been a frequent subject of controversy as well as the target of lawsuits. Criticism has focused on their similarity to illegal pyramid schemes, price-fixing of products, high initial start-up costs, emphasis on recruitment of lower-tiered salespeople over actual sales, encouraging if not requiring salespeople to purchase and use the company’s products, potential exploitation of personal relationships which are used as new sales and recruiting targets, complex and sometimes exaggerated compensation schemes, and cult-like techniques which some groups use to enhance their members’ enthusiasm and devotion. Not all MLM companies operate the same way, and MLM groups have persistently denied that their techniques are anything but legitimate business practices.

(Wikipedia.org)

In order to collect more real stories about the success stories of people, I build the website www.top-talk.vn

In cooperate with Mr Binh, I want to set up many “Talk-to-success-people” conversations. In these conversations (which we call “Top-talk”), I invite the real people who gain success in their life to share their experiences.

In  these top-talk, I advise people who join as a spectacular that they should make the relation ship with our guest instead of trying to learn their experiences in such a short time like this. That relationship will give they unlimited chance in their life.

With this website, I hope that I can give you more real stories in this blog.

Peacat.com

Business fable

Part 2: The piglets

Day by day, the pigs work on their land. They bear their piglets: The White Piglet, The Black Piglet and the Gold Piglet.

The White Pig teach his son: “My son, if you want to be comfortably off, you must love labor. The harder you work, the more rice you gain. And you should exchange more corn”.

The Black Pig teach his son: “My son, if you want to be comfortably off, you must love labor. The harder you work, the more corn you gain. And you should exchange more rice”.

The Gold Pig teach his son: “My son, if you want to be comfortably off, you must encourage the others to work hard. The harder they work, the more rice and corn you gain.”

The difference in thinking leads to the difference in working. The Gold Pig usually visit the other pig’s son. He praise them when they work hard. He celebrate the festival of competition. He give the piglets merits when they work hard.

The Gold Pig also open new classes for the White Piglet and Black Piglet. He the certificates. He honors the good piglets.

Conclusion:

The White Pig bear the White Piglets. The Black Pig bear the Black Piglets. The difference between the Pigs Family is not only the way to work but also the way of teaching.

The White Piglet and the Black Piglet think: “The Gold Piglet is Gold because his father is Gold. His father is Gold because of his grandfather is Gold…”

Part 1: The idea of the golden pig.

Once upon a mountain it has three little pigs: a white pig, black pig and gold pig. Each pig pit on his land. The White Pig farms rice, The Black Pig farm corn, the Golden Pig farm pea. Each pig eat only their own plant.

The land of golden pig is in the middle of the land of white and black pig.

Then one day the Gold Pig realize that the black pig and white pig are making food more than their needs. Each month, the black pigs and white pigs made 15kg food but they only use 5kg.

The Golden pig went to talk to White:

“I’ll give you 5kg corn. In return you give me 10kg rice for balances that you do not eat rice at all. ”

White pig that’s good idea, just a new dish does not have to dispose of surplus food. And white pig agree.

Back to the golden pig pig black and says:

“I’ll give you 5kg for rice. In return you give me 10 for corn surplus that you does not eat. ”

Black Pig also agree.

Since then. Each month has added golden pig have 5kg rice and 5kg corn without working. Black Pig also 5 for 5 for rice and corn, white pig, too.

The difference is that the gold pigs do not have to back  on his land again. He travel come back every month to get some food for next month.

***
Reply goals:
From being a farmers like the Black and White Pig, the Golden Pig make a new idea. That idea makes a great change for his life.

How do the golden pig was marked for a new labor mode “use the surplus value of labor of others.”

Since then, the Golden Pig call himself Trader.

(Anhtuana – http://my.opera.com/anhtuana)

Please cite sources if you use material from this blog.

How to win in a penny auction site such as swoopo.com, vbid.vn?

After joining some penny auction site and reference from internet, Peacat.com find out some tips which could help you win with the minimum budget.

This article have 3 main parts:

1. Four Types of bidder
2. How to win?
3. Some notices

+++++++

1. FOUR TYPES OF BIDDER

Whole auto-bid Bidder: These bidders will wonder: “How much should I pay for this stuff? How many bids should I place?” Then he sets auto bids running and goes somewhere. If he won’t win in that auction, he can buy that stuff and get back the bids he had placed. (Some site return you your bids if you buy that stuff after 24 hours by your money).

How do you know him? – These bidders always place bid at 3rd second. (Auto save time)

You can be this type of bidder if you really want to buy that stuff.

Strategy Bidder: These bidders wait for the whole auto-bid bidder run out of his bids and start to place auto bid with a small quantity of bids.

How do you know him? – These bidders appear regularly. Sometimes they use auto bid, some time they use normal bid.

These bidders have the most change to win the auction. You should play as this type.

Opportunism Bidder: These bidder wait for the 2nd second and place bids.

They hope that other bidders are running out of bids. They wait and sometimes place a bid in 2nd second to prevent the others win the auction.

These bidder play an important role in preventing the first two type of bidder winning. You should long to see many of them in the beginning of the auction to take many bids of “the rich bidders”

Amateur Bidder: They place bid before the 3rd second.

Don’t mind about them.

2. HOW TO WIN?

You should play both as a Strategy Bidder and Opportunism Bidder to win the game.

Place auto bid when there is only you place auto bid. (Best chance)

Place auto bid when there is only you and 1 other bidder place auto bid. (Good chance)

Place auto bid when there is only you and 2 other bidders place auto bid. (Optional – You can pass if there are many Opportunism Bidders at the moment)

Do nothing when there is 3 other bidders and more place auto bid.

This is a “war of money”. So you should prepare for many bids before playing a game. If you don’t have enough money, just choose the “good time” for playing. See the 3rd section to figure more.

3. SOME NOTICES

Good time to deals: Notice the previous successful auction time. The good time are: noon, late-night.

It’s a good choice to avoid some special bidders who are pro-bidders. They have much money and time to stay there for a long time. If you meet these people in the beginning at a auction, skip that auction or come back after more than 1 hour.

LAST WORDS:

Why don’t you calculate the revenue of the owner of that website? Whatever the result is, the website owner win the most of the auction with that revenue.

Instead of wasting time  for find a way to win these auction and give money to the website owner, why don’t you make a glance at www.peacat.com and find some ways to make Passive Income for yourself? You can even get money when you are sleeping instead of stay up late and hope for wining a small money from these auctions.

Hope this article helpful for you. Don’t need to thanks, just give me some comments below to show your opinion.

Cheers,

Today I have a chance to meet Mr Binh, a good man who escaped the Rat Race few months ago.

He escape Rat Race with www.bloom.com.vn, a gift site.

When I was visiting the website www.dayconlamgiau.com, a fan-site of Kyosaki, I saw his topic about seeking for people who can cooperate with him in developing his business. He share his experience in escaping Rat Race there. Then I decided to invite him for a coffee.

Mr Binh is an open-hearted man. He told me about his 12 years in left side of Cashflow Quadrant until he read the book “Rich dad, poor dad” of Robert Kyosaki.

After the economic depression in 2008, he is downsized and moved to Ho Chi Minh city. He don’t know why he is in this situation after these effort of 12 years? One of his friend gave him the “Rich dad, poor dad” book. He read this book and decided to make a change of his live: “I will get 5.000.000 VND a month with 4 hours working a week, be free from house-work.”

One day, one of his friend like to make cake, she invited him to work with her as an employee and offer a good salary. But he denied. He just want to cooperate with her as a partner. Finally, they make a group of 3 peolple:

1. Mr Binh is responsible for making cake, flowers and managed the production
2. Ms Thanh is responsible for marketing
3. Ms Ha is responsible for managing the website www.bloom.com.vn

After 7 months, their business is on the track. He is now escaping the Rat Race with a very small amount of money from the beginning. Now he has time for his family and his another dream. Congratulation him!

Thanks Mr Binh for sharing yours experience. Wish you have a glorious future!

This story is a real story about a person who escape the rat race. It’s recorded by peacat.com. Give us feedback below for sharing your opinion.

Motorbike Taxi – This is a common transportation in my country.

In my home town – Cantho city, there are many poor people who need a motorbike to earn money as a Motorbike Taxi Driver. But they don’t have enough money to buy one.

Mr Tien, my uncle decided to buy 20 motorbikes and let these people rent them.

A motorbike cost 7,000,000 VND. He get 20.000 VND per day from that motorbike. So after 1 year, he get back the invested money.

From 2nd year and later, he get 12.000.000VND a month (more than the value of a motorbike). Is this a good deal?

This is an story of a person who earn money by Rent From Property. Maybe it’s suitable for you.

Any question for this way of making passive income, please leave comment below.

Cashflow 101 is an educational tool in board game format designed by Robert Kiyosaki (author of Rich Dad, Poor Dad), which aims to teach the players concepts of investing by having their money work for them in a risk free setting (play money) while simultaneously increasing their financial literacy and stressing the imperative nature of accountability.

There are two stages to the game. In the first, “the rat race“, the player aims to raise his or her character’s passive income level to where it exceeds the character’s expenses. The winner is determined in the second stage, “the fast track“. To win, a player must get his or her character to buy their “dream” or accumulate an additional $50,000 in monthly cash flow.

In place of “score cards”, there are financial statements. The game requires the players to fill out their own financial statements so that they can see more clearly what is happening with their money. It generally shows how assets generate income and demonstrates that liabilities and ‘doodads’ are expenses.

Robert Kiyosaki also designed two other Cashflow games: a children’s version called Cashflow for Kids, and a follow-up game to Cashflow 101 for more advanced players, which he released as Cashflow 202.

Kiyosaki also designed electronic versions of Cashflow 101 and Cashflow 202 called “Cashflow The E-Game” for Microsoft Windows and Macintosh operating systems. Currently, these games are compatible with Mac OS X Snow Leopard.

(wikipedia.org)

When you get out of Rat Race, you are almost in Fast Track.

Referring to the first and second tracks of the CASHFLOW game namely Rat Race and Fast Track, Kiyosaki says that 95% of the people are trapped in the Rat Race and the Fast track represents the investments of the rich. There are two worlds of investing, one for the rich and one for the masses trapped in the Rat Race of life. Very few people have the opportunity to invest as the rich do that is investing in the investments found only in the Fast Track. The way most ultra-rich get to the Fast Track is through building a business. Very few people of the ‘Employee or self-employed’ group will ever enter the real Fast Track of life. The power of a ‘Business owner’ category is the business which has virtually no earning limitations and no international boundaries and which only can afford the investments of the rich.

(http://kiyosakibooksummary.blogspot.com/)

A rat race is a term used for an endless, self-defeating or pointless pursuit. It conjures up the image of the futile efforts of a lab rat trying to escape while running around a maze or in a wheel. In an analogy to the modern city, many rats in a single maze expend a lot of effort running around, but ultimately achieve nothing (meaningful) either collectively or individually.

The rat race is a term often used to describe work, particularly excessive work; in general terms, if one works too much, one is in the rat race. This terminology contains implications that many people see work as a seemingly endless pursuit with little reward or purpose. Not all workers feel like that. It is the perceived Conventional Wisdom, for example, that those who work for themselves are generally happier at work.

The increased image of work as a “rat race” in modern times has led many to question their own attitudes to work and seek a better alternative; a more harmonious Work-life balance. Many believe that long work hours, unpaid overtime, stressful jobs, time spent commuting, less time for family life and/or friends life, has led to a generally unhappier workforce/population unable to enjoy the benefits of increased economic prosperity and a higher standard of living.

Escaping the rat race can have a number of different meanings:

• A description of the movement, of either the Home or Work Location, of previously City Dwellers or Workers to more rural locations, possibly beyond the “urban growth boundary”.
• Retirement in general or no longer needing / having to work.
• Moving from a high pressure job to a less intense role either at a different company or within the same company at an alternative location or department.
• Changing to a different job that does not involve working 9 to 6 and a long commute.
• Working from home.
• Becoming financially independent from an employer.

A rat race is a fierce competition to maintain or improve one’s position in the workplace or social life. This term presumably alludes to the rat’s desperate struggle for survival.

(Wikipedia.org)