The start of LYF's Journey

  Written by Randy Bacon on Aug 11, 2010 9:42 am

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Welcome to what will be an exciting journey. My story about how I choose LYF, the journey, its successes & hardships. I hope there will be lessons, tips for your business, encouragement, and a community of fellow readers who are all striving for the same thing. To make a difference while enjoying time and financial freedom.

My introduction to LYF started over coffee. A Real Estate Broker and myself, sitting down to discuss current events and what each other were currently working on. As often has happened with those who know I have had a love hate relationship with this industry of network marketing. The subject turned to Network Marketing and about a gentleman my friend was driving up to visit in Seattle. This 39 yr old billionaire was starting a new company. Don’t have time... was my first answer. Of course when we say we don’t have time its not really true. We all have time for success and earning a living that will allow our families a better life and lifestyle where we can give back to the community. I don’t have time really means something much more.

Well, to make the story shorter, I listened to my friend discuss the people involved in the company, the executive management team, the master distributor who was hand selected by the founder to be the face of the distributors for the company. I found the time, and drove up to have lunch with the master distributor. I knew during that lunch I was interested in doing business with Jimmy Kossert, the master distributor.  Humble, sincere, and a big heart. This not only told me about Jimmy, it said an awful lot about the founder who hand selected Jimmy.

I thought to myself, if this is the kind of people and integrity the company wants to attract. I want to learn more.  I wanted to hear more.... I spent a lot of time looking into the company and its people, products and vision. I have created a independent web site with a lot more information on the company LYF at LYF MLM & The companies main site LYF.COM

What keeps bringing me back to Network Marketing? The people, the ability to help change lives, the need to help my family and be able to give more back to my community. It’s all there in this industry and I have been part of the huge successes and part of some of the biggest company collapses. I have lived through what happens when you have a great marketing system to put the business model to work, but a management team without the abilities or morals to do the right thing.

This industry is starting to attract more and more people from traditional business. Our economy is dictating that talented business people have to look for alternative solutions. When you compare buying a franchise or starting your own sales direct marketing company. A mini franchise if you will, network marketing is very very attractive.

Lets look at the advantages of joining forces and building your own business within a network marketing company. Low capital investment. Somewhere between $300 and $1,000 dollars typically vs on average a franchise is $350,000.

No Inventory - No payroll or FICA- No Commute, work from anywhere there is computer and phone service. - No limitations on your income. - Customer service, shipping and receiving all handled by the company - No royalties or franchise fees. - Personal development and training for you and your group. - Research and development all provided for you. The list could go on...

These are interesting times and as more and more people look at this industry, try to read through all the clutter and noise that is on the Internet. You will find there is not just one company you will succeed in. There are great companies out there with fantastic products.  In saying that, there are more companies then not that don’t have all the aspects you need for long-term financial success. Products people buy for their own merits, not because there is a commission or auto ship requirement. If you do not have this stop!!! Nothing else matters. If you do have a product you would personally buy for its quality and usefulness and share with your closest friends and family and feel proud of what your are introducing, then keep examining.  Is the product consumable? HAS to be. The fact is for this business model to work long term you need a great product people will want to use every month, month after month.  If yes, keep looking, this is a little harder to examine because of the smoke and mirrors many play. The company’s finances. How solid are the owners, can they withstand the bumps and bruises of the economy, the growth, the expansion, the research to verify and back their products, the research and development of new products. Many many companies have failed due to finances and lack of management ability. Sadly, there are companies that know there run will be short, but the money they make will be significant and then they repeat the process. If you’re assured the finances are in place. Take a very hard look at the executive team. Look into their background, where they came from, why they left to come to the company your looking at. Your leadership and the vision of the company are paramount with the product. You will not have long-term success with out both.  Third is how do you align with the companies philosophy, its core values, what the company stands for. You can talk with leaders; get to as many events as possible. Every company has its own feel, its own personality. Make sure your inner instincts tell you you’re in the right place. Don’t let all the hype and circumstances of the event overshadow what your gut is telling you. Don’t want it too bad. Talk to the people; watch to see if there actions match their words. As I am sure you know, unfortunately many times they don’t.

Don’t be in a hurry, think long term. Know your company, its finances, and its products.  We will talk more about what it takes personally in latter blogs.

To learn more about the company LYF you can visit my personal web site. LYF MLM

To see an in-depth view of the company LYF visit our company site at LYF.COM

There is some great training and information on the network industry in general at the web site MLM SALES.

I value your comments and feedback.

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