Warren Buffett Recently Named Wealthiest Person in the World

I came across an article recently naming Warren Buffett the wealthiest person on the planet. Why is this important? Well, Warren Buffett happens to be a great supporter of the Direct Selling/Network Marketing Industry. Some background: Warren Buffet is arguably the greatest investor EVER. When he moves his money, everyone on Wall Street stops and watches. So when he bought three Direct Selling companies, one of them being Pampered Chef, he more than turned heads. He’s even been quoted as saying, “they’ve been some of my best investments ever.” When it comes to business, it's good to have someone like Warren in your corner.

And he’s not the only one.

Robert Kiyosaki, financial guru and creator of the Rich Dad, Poor Dad series of books, also loves Network Marketing stating that, “If I had to do it all over again, rather than build an old style type of business, I would have started building a Network Marketing business.”

Another billionaire on the list of Network Marketing fans is Donald Trump. In the book Why We Want You To Be Rich, which he co-wrote with Robert Kiyosaki, the Donald said, “Network marketing has proven itself to be a viable and rewarding source of income.”

Do these guys know something about making money? I would say so. It would behoove us then to listen very closely when they give financial advice. So, if someone approaches you with a Network Marketing opportunity, give it some serious consideration because you can be certain that that’s what the wealthiest man alive would do.

Click Here to visit my website and learn how you can start generating income with your own Network Marketing business.

Know a Scam When You See One

About a year ago, a young gentleman approached me about a new business he'd recently started and like a good networker I told him I'd take a look at it and also asked him if he'd take a look at my business. Well I got to his website and it turns he was promoting some sort of "cash gifting" program. Immediately, I felt like there was something terribly wrong with what I was looking at. However, my in my inexperience I didn't have the knowledge base nor the MLM vocabulary to really express why.

Instinct served me well that day because as it happens these cash gifting deals are highly illegal. Basically, it's like this - if there's no goods or services being exchanged, then there's no business. Cash gifting is among the worst type of pyramid scams out there. It hearkens back to the chain letter days, the "send me a dollar and then mail this letter to 5 people" days.

It's these types of pyramid scams that tarnish the good name of Network Marketing. So, if you're approached by someone that tells you about a new business venture he's gotten into and then he shows you a video of people opening FedEx packages stuffed with 20's, run like the wind and don't look back.

And, as much pleasure as it would give me to expose each one these programs for the scams they truly are, know that you are better served by doing your own due diligence. Do as much research as you can about any business before getting started and if you're gut tells you there's something wrong, then chances are there is.

If you're looking, there are plenty of great companies to work with out there. Just do your research and it'll only be a matter of time before you find the right one for you. And it just so happens that I'm working with a great company, so contact me if your interested... :)


*For some great tips on how to distinguish between a legitimate MLM and a scam, Click here.