Catch this week’s episode of Mind Movers Training with Co-Founder & Founding Brand Ambassador Chad Chong. Watch the entire training HERE as Chad answers the question, “Why Network Marketing?”
Catch this week’s episode of Mind Movers Training with Co-Founder & Founding Brand Ambassador Chad Chong. Watch the entire training HERE as Chad answers the question, “Why Network Marketing?”
UPDATES
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CONGRATULATIONS!
Congratulations to Alejandro Monroy, Colombia’s FIRST President who was just featured in businessforhome.org! Check out the article on unitedbydzyne.com under News & Updates > Latest.
Congratulations to our newest President from Thailand – Amnart Limchareon!
PROMOS
PREFERRED CUSTOMER PROMO
Limited time! Pay Cycle 7 & 8: April 1 – 30, 2020
BUY ANYTHING, GET ONE FOR $19.95
Applicable country: Global
Limited time!
DIAMOND DESTINATION MEXICO
Contest period 2020 Pay Cycle 5 – 10
(Starts March 1st – Ends May 31st 2020)
EVENTS
Official ByDzyne 1 Year Anniversary Event
May 16th, 2020
Save the date: May 16th, 2020 at 5pm Pacific
Join all our Co-Founders online on May 16th for the our FIRST YEAR Anniversary!
More details coming up soon! Be sure to follow us on our official Social Media pages and join the ByDzyne Official Telegram Channel to receive event updates as soon as they’re announced.
LIVE EVENTS
BYDZYNE MONDAYS
EVENT
DATE & TIME
LOCATION
Mind Mover Updates & Training
27 April @ 7 pm Pacific
ByDzyne Official Facebook Page
FOR SPANISH & THAI TRANSLATIONS:
1) Make sure your ZOOM app is updated
2) Join http://zoom.us/j/166778278
3) At the bottom, click on the and choose your language
BYDZYNE TUESDAYS
EVENT
DATE & TIME
LOCATION
BYDZYNE WEDNESDAYS
EVENT
DATE & TIME
LOCATION
Weekly BDO in Thai
Weekly BDO in English
29 April @ 8pm Bangkok Time
29 April @ 6pm Pacific Time
MIND MOVER TRAINING
Training Topic for the day:
Why Network Marketing?
In this evolving economic climate, we believe that Network Marketing is the industry that will give entrepreneurs and anyone – looking for an income producing opportunity – the hope and stability that is now being much sought after. Once you know the reason WHY network marketing, it will be quicker for you to know HOW to be a part of this industry that has been around for decades.
1) In Network Marketing, you make the money work for YOU
In his book Rich Dad’s Cashflow Quadrant: Guide to Financial Freedom, investor, entrepreneur and best-selling author Robert T. Kiyosaki says, “The main reason people struggle financially is because they have spent years in school but learned nothing about money. The result is that people learn to work for money… but never learn to have money work for them.”
The Cash Flow Quadrant
Employee
As an employee, you work for someone else, recieiving a monthly paycheck. This is how most people are paid. Taxes are taken out automatically from each paycheck before you ever get the paycheck.
The problem is, if you don’t work, you don’t earn money. The only exception may be a two-week vacation that is paid for by your employer. As an employee, you exchange time, effort and knowledge for money.
Self-Employed
If you are self-employed, you may call yourself a proud business owner. In reality, you really own a job. In our world, you may own a veterinary practice, but it typically doesn’t run without you. You may make more money than you did as an employee, but the business depends heavily on you. You likely don’t work 40 hours per week. You may easily work 60 or 80 hours a week, including nights and weekends. You have to be present for the practice to run. When you’re not there, little to no money is made.
One advantage of being self-employed is that there are several tax benefits. For example, you are taxed after expenses are taken off your earnings. In some cases, you may be able to take advantage of depreciation on equipment you purchased. You receive an automatic tax deduction over several years because your equipment purchase helps stimulate the economy. Still, you are exchanging time, effort and knowledge for money.
Whether you are an employee or self-employed, you are an active worker.
You earn what is called active income. You work for money. Of course, there is nothing wrong with being an employee or self-employed. The economy would not function without these two categories in the workforce. The point is certainly not to imply that everybody must be in the next two categories. The point is to be aware of the difference in mentality.
Business Owner
By Kiyosaki’s definition, as a business owner you own a business, but you are no longer needed for the business to run. So you now own an asset that generates money for you, and your presence is not required anymore. If you went on a vacation for a month, the business would continue to run smoothly.
Investor
Similar to a business owner, an investor is not exchanging time for money. In addition, there are some tax advantages depending on the type of investment you make. You may now pay taxes on capital gains, or dividends, in a lower tax bracket. In some cases, you can also benefit from depreciation, which is an important tax benefit.
Whether you are a business owner or an investor, you earn what is called passive income. Your money now works for you. Clearly this is radically different from being an employee or self-employed, who are active workers.
Which Quadrant Do You Want to Be In?
Kiyosaki doesn’t mince words and strongly encourages the reader to transition from left side to the right side of the quadrant.
2) You are surrounded by like-minded people
In network marketing you are surrounded by people who will help you succeed, unlike in traditional business where everyone is trying to get ahead of the other. In network marketing, there is room for everyone to achieve. Everyone can be at the top.
The only way you will succeed is when you help others succeed. And that is how ByDzyne is built.
3) The business is flexible in many ways
1) Anyone can join
It doesn’t matter what your background is, what your qualifications are or what skill sets you have. At ByDzyne, we invite anyone and everyone to be a part of a company where possibilities are limitless. We give you all the tools, training and support you need to develop a sustainable business through hard work and dedication.
2) Low entry cost
The nature of the industry is such that you don’t need to worry about start up costs when it comes to infrastructure, materials, payroll, systems, insurance or anything you would consider when opening a traditional business. You can get in at a fraction of the cost with the latest products, an already established system and receive round the clock support from your organization and the company. The best part is that you can world from anywhere in the world including the comfort of your own home.
3) Tax benefits
Talk to your accountant about the tax benefits you can avail when in a network marketing company.
4) Flexibility
In network marketing you can work any time, anywhere and know that you will always have the support of your team and the company.
5) Leverage
Want to learn how to be successful in this industry? Learn from the best of the best. Leverage your access to your upline sponsor to learn how to be successful. Attend events and trainings to learn from some of the highest income earners in the industry about how they attained their goals.
Your success begins with your mindset.
BELIEVE in timing – you are at the right place at the right time.
BELIEVE that now is the best time to be in business.
BELIEVE that now is the right time to recruit.
BELIEVE that somebody out there deserves the same opportunity you have and give them a call today.
BELIEVE that now is your time to shine.
You are in the right industry at the right time with the right company.
You now have the ability to RISE UP or run!
Which will it be?
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Great news! All the features on the UnitedByDzyne website are now available in your ByDzyne Back Office!
In an effort to centralize and simplify our process, the UBD website will be going away soon.
Our goal is to make sure we secure our documents and provide you with safe access to all the tools you need to be successful with ByDzyne.
To access those tools, go to the MARKETING menu in the Back Office.