Creative Network Marketer

How to: Fast Reading

How to Read a book in 60 minutes or less

There are squillions of great business and finance books out there but reading through each one would take a lifetime. Sometimes you want to take your time to read a book well but for thoses times when you only need to gain the general gist and unique ideas in a book here's how to read faster.

1. Read the blurb on the back if you haven't already to get an overview of what the book offers

2. Check the chapter list which, if structured well, will give you a series of summary headings for the book. If you want to take notes copy the chapter headings down.

3. If there's an Introduction read it entirely. If there's a Forward just read the first and last paragraph as it's seldom relevant to the core theme of the book.

4. Option 1: Read the first paragraph of each chapter followed by the first sentence of every other paragraph and finish with the last paragraph in the chapter

4. Option 2: Only read the chapters relevant to what you need to know

5. Read the Summary or Conclusion if there is one or the last two paragraphs of the last chapter for a conclusion.

6. Scan the appendicies for any extra relevant data.

How to: Fast Reading Books
Learn more about reading faster with these great books....

Break Through Rapid Reading by Peter Kump
10 Days to Faster Reading by Abby Marks-Beale

Cracking the Millionaire Code

Book Review

Cracking the Millionaire Code: Your Key to Enlightened Wealth

Mark Victor Hansen & Robert G. Allen

From the authors of One Minute Millionaire, Cracking the Millionaire Code continues the theme of the enlightened millionaire with a book of secret codes for unlocking the formula to wealth. The book is broken into several chapters mixed with success stories, secret codes, quotes around the pages and a myriad of other distractions. I found the message was lost in all the complications of the text and codes. Like One Minute Millionaire, you really need to read this book twice; once for the story and the second time for the book.

At the heart of the book are four codes:

The Destiny Code which relates to a person's unique abilities and talents; their purpose in life

The Prism Code which relates to the means by which you will create your wealth; your products and services which come from your talents

The Angel Code which relates to the people, angels, who will help you create your wealth

The Star Code which relates to attracting customers and multiplying your wealth

While I enjoyed One Minute Millionaire I found Cracking the Millionaire Code overly complicated. The message of the book can be found in the four middle chapters and the rest overlaps with concepts found in their first book. In the meantime I look forward to the next book from Hansen and Allen, their combined experience, knowledge and achievements are inspiring.

Is your MLM firm legal?

A recent article in the Business Standard notes the difficulties officials have with determining the validity of a multi level marketing business. In September this year, top officials of the MLM company, SpeakEasy in Asia were arrested for allegedly duping its 1.2 million investors (panellists).

One of the biggest problems with MLM companies is the reliance on creating a down line for an income. Once a MLM company requires a seller to recruit new members to make any money the companies compensation scheme can slide into pyramid scheme territory. So how can you tell if your MLM company is not quite above board?

One of the simplest tests is to establish how much income is made from selling products and how much is made from signing up new recruits. If you are solely making money from sign-up fees from new recruits then you're not selling a product any more and you're moving into potentially illegal activity - after all, how are your new recruits going to make money with the business if the only income they can make is from signing up new recruits? It all gets a bit sticky. If you're unsure about a network marketing business you can check if they're registered with your local Direct Marketing Association.

Is Herbalife the Most Popular Network Marketing Company?

*Ranking based on website presence and internet popularity

10 Ways to Reduce Your Small Business Costs

From smallbusinesstips.com

1. Barter goods and services with other businesses. You should try to trade for something before you buy it.

2. Use networking to cut down on your advertising costs and build bartering relationships

3. Buy your business supplies in bulk quantities. You could get a membership at a wholesale warehouse or buy them through a mail order wholesaler. Buy the supplies you are always running out of.
4. Visit the thousands of freebie sites on the internet before buying your business supplies. You can find free software, graphics, backgrounds, online business services etc.
5. Borrow/Rent equipment you need ahich is too expensive to purchase or requires constant upgrades
6. Look for equipment at online/offline auctions; often it can be cheaper to be pre-used and near-new equipment at auction than buy it new
7. Plan ahead and make a list of business supplies or equipment you'll need in the future. Keep an eye out for stores that have big sales. Purchase the supplies when they go on sale before you need them.
8. Second-hand equipment. If your business equipment and supplies don't need to be new, buy them used. You can find used items at yard and garage sales, used stores, used stuff for sale message boards and newsgroups etc.
9. You should always try negotiate a lower price for any business equipment or supplies. It doesn't hurt to try. Pretend you are talking to a salesman at a car lot.
10. Be on the look out for new suppliers for your business supplies and equipment. Look for suppliers with lower prices and better quality.