Months ago my Dad asked me to attend a multi-level marketing seminar which involves Voice Over Internet Protocol (V.O.I.P) products. He wanted to attend the seminar personally but he asked me to attend the seminar primarily for two reasons first, he just did not understand what the product is all about and second he had another meeting to attend. So I just attended the seminar in his behalf.
An American gave the presentation. He was very eloquent and convincing. The product was equally good as well. But what really intrigued me was the sales pitch he made when asked he people to join the multi-level marketing company.
He said that if you are an entrepreneur and you wanted to get rich a good business strategy is to find something that would be the trend of the future and start developing it. If you are an investor then one of your investment strategies is to invest in companies that does this.
He further makes his point by stating that the Microsoft, a $ 200 Billion dollars company which happens to be one of the richest and one of the most successful company in the world, is one of the companies that employs this business strategy. Surely you would invest in Microsoft if they would knock on your door and ask you to invest in their company.
Let's say we have the ability to time travel and go back to the year 1978. Several casually dress, long haired, hippie looking geeks asked for a meeting with you. Their agenda was to ask you to invest in their company or even work for them. They said their product called "computer software," something unheard of during those days would eventually change the world in the near future. A skinny little geek insisted that you do invest with them because if you dont you would regret it. Do you think you would be convinced with their investment strategies? Are you sure you would have invested your time or your money?
Those who did decide to invest became millionaires and even billionaires later on. Some of those people left after several years and months while those who remained and stayed with the company for a long period of time became very rich.
People did not expect that those casually dressed, long haired, hippie looking geeks change the world years later and would be named as among the world's riches people. However those who had the foresight and the courage to invest with them eventually reaped the benefits.
The presentation ended with the speaker asking the audience to join the multi-level marketing scheme of the new VOIP product. No doubt, the sales pitch and the product was good. Unfortunately, experience tells me that any multi-level marketing (MLM) based business will only be good for a couple of years, after that most MLM business switch to traditional marketing because of market saturation. If they were asking people to buy shares of stocks, I might have heeded the call and purchased such. Investing in companies who has the foresight to know the trend in the future is always part of good investment strategies. Since VOIP is the next trend in the future it is certain that I will look back and say that I'm glad I invested. Oh before I forget, that skinny little geek wearing the blue shirt was Bill Gates and obviously the company that he was reffering to was Microsoft.
An American gave the presentation. He was very eloquent and convincing. The product was equally good as well. But what really intrigued me was the sales pitch he made when asked he people to join the multi-level marketing company.
He said that if you are an entrepreneur and you wanted to get rich a good business strategy is to find something that would be the trend of the future and start developing it. If you are an investor then one of your investment strategies is to invest in companies that does this.
He further makes his point by stating that the Microsoft, a $ 200 Billion dollars company which happens to be one of the richest and one of the most successful company in the world, is one of the companies that employs this business strategy. Surely you would invest in Microsoft if they would knock on your door and ask you to invest in their company.
Let's say we have the ability to time travel and go back to the year 1978. Several casually dress, long haired, hippie looking geeks asked for a meeting with you. Their agenda was to ask you to invest in their company or even work for them. They said their product called "computer software," something unheard of during those days would eventually change the world in the near future. A skinny little geek insisted that you do invest with them because if you dont you would regret it. Do you think you would be convinced with their investment strategies? Are you sure you would have invested your time or your money?
Those who did decide to invest became millionaires and even billionaires later on. Some of those people left after several years and months while those who remained and stayed with the company for a long period of time became very rich.
People did not expect that those casually dressed, long haired, hippie looking geeks change the world years later and would be named as among the world's riches people. However those who had the foresight and the courage to invest with them eventually reaped the benefits.
The presentation ended with the speaker asking the audience to join the multi-level marketing scheme of the new VOIP product. No doubt, the sales pitch and the product was good. Unfortunately, experience tells me that any multi-level marketing (MLM) based business will only be good for a couple of years, after that most MLM business switch to traditional marketing because of market saturation. If they were asking people to buy shares of stocks, I might have heeded the call and purchased such. Investing in companies who has the foresight to know the trend in the future is always part of good investment strategies. Since VOIP is the next trend in the future it is certain that I will look back and say that I'm glad I invested. Oh before I forget, that skinny little geek wearing the blue shirt was Bill Gates and obviously the company that he was reffering to was Microsoft.
About the Author:
Would you like to know more about investment strategies ? Visit the blog of Zigfred Diaz where he writes about several interesting topics such as investments, financial management, business, making financial online and How to invest in the Philippine stock market
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