Definition page
ASSET: 1. An item of value, such as a person’s home, business, real estate, stocks, bonds, mutual funds, cash, certificates of deposit (CDs), bank accounts, trust funds, and other property and investments; 2. Anything owned by an individual or a business that has commercial or exchange value; 3. Property with a cash value, such as real estate, equipment, savings, and investments.
Robert T. Kiyosaki’s simple definition of an asset: that which puts money into your
pocket not that which takes money out of your pocket.
ASSOCIATE: An associate of Team Vision is an:
ASSOCIATE BUSINESS CLIENT (ABC): One who has the privilege of partaking in every area of operation provided by Team Vision including the nonprofit and for profit organizations and companies.
ASSOCIATE TEAM BUILDER (ATB): This same individual is a team builder.
BALANCE SHEET: In financial accounting, a balance sheet or statement of financial position is a summary of a person's or organization's balances. Assets, liabilities and ownership equity are listed as of a specific date, such as the end of its financial year. A balance sheet is often described as a snapshot of a company's financial condition. Of the four basic financial statements, the balance sheet is the only statement which applies to a single point in time
BEING INFORMED is a prerequisite to knowledge. Knowledge can lead to freedom, but surely lack of knowledge is a sure path towards bondage of any sort, be it financial, spiritual, social, political, or physical. Knowledge of any product/service you get involved in through Team Vision or otherwise, will take you further towards your quest to become a successful businessperson or a financially free individual. Without that knowledge base you are going to become subject to the whims of others more so now then ever before in the history of mankind because “WE ARE IN THE INFORMATION AGE”. Can it be put any simpler; we are in the information age, no information, no real progress.
Many people in power know what Team Vision discovered. Millions are being left behind right now because we are in the Information Age. Some see this as an opportunity to advance mankind into the next millennium, namely creative ideas coming from the business environment, and social environment. Others will take this opportunity to try to advance their own hidden agendas to advance their elitist ideology in the name of saving the planet or doing it for the babies, namely politicians.
Our logo is “PUTTING IT ALL TOGETHER”. Team Vision has put this system together for one reason and one reason only. To take two systems, put them together like never before and use them to bring more people into prosperity, financial freedom, and out of bondage. We know it can be done, and we will do it. In the process of doing all of this we are making sure that the people are BEING INFORMED throughout.
Why are we pointing this out to you so dramatically? The answer is easy. Team Vision has taken some of the burdens leading to a failed effort at the beginning of your Multi Level Marketing (MLM) experience and made them lighter or removed them all together (money, time, and cold calling). TV has taking only a few of the important steps out of your way, but TV cannot guarantee your continued prosperity, only you can do that. Your continued prosperity will now come through you BEING INFORMED. That is an inside job! TV strongly suggests that you take the time to study the web pages you will be sent to. This is your moment in life to make a difference or to create a legacy. Will it be boring, yes; absolutely it will but do it anyway. This is what winners do all the time. TV is asking you to help the most important person in the world right now, YOU! We can only do but so much, if you take this or anything given to you lightly and for granted you will help to cause a ripple effect of apathy throughout your family and beyond.
BUSINESS (also called a company, enterprise or firm) is a legally recognized organization designed to provide goods and/or services to consumers. Businesses are predominant in capitalist economies, most being privately owned and formed to earn profit that will increase the wealth of its owners and grow the business itself. The owners and operators of a business have as one of their main objectives the receipt or generation of a financial return in exchange for work and acceptance of risk.
CREDITOR: A creditor is a party (e.g. person, organization, company, or government) that has a claim to the services of a second party. The first party, in general, has provided some property or service to the second party under the assumption (usually enforced by contract) that the second party will return an equivalent property or service. The second party is frequently called a debtor or borrower.
COLD MARKET: are people you don’t know and who have never used the product. They may or may not have heard of the products or company before. As far as you know, they don’t have a need for the products either.
DNA: deoxyribonucleic acid, a self-replicating material present in nearly all living organisms as the main constituent of chromosomes. It is the carrier of genetic information.
the fundamental and distinctive characteristics or qualities of someone or something, especially when regarded as unchangeable.
"diversity is part of the company's DNA"
DEBT: 1. The state of owing something (especially money); "he is badly in debt"; 2. Money or goods or services owed by one person to another; 3. An obligation to pay or do something
Acronym: DEBT: Devalued Earnings = Belt Tightening
ECONOMY OF SCALE: The increase in efficiency of production as the number of goods being produced increases. Typically, a company that achieves economies of scale lowers the average cost per unit through increased production since fixed costs are shared over an increased number of goods.
There are two types of economies of scale:
-External economies - the cost per unit depends on the size of the industry, not the firm.
-Internal economies - the cost per unit depends on size of the individual firm.
Investopedia explains 'Economies Of Scale' - Economies of scale gives big companies access to a larger market by allowing them to operate with greater geographical reach. For the more traditional (small to medium) companies, however, size does have its limits. After a point, an increase in size (output) actually causes an increase in production costs. This is called "diseconomies of scale".
Related Video for 'Economies Of Scale'
ENTITIES: Something that exists as a particular and discrete unit: Persons and corporations are equivalent entities under the law.
ENTERPRISING: having or showing initiative and resourcefulness.
FOR PROFIT: or simply a business (also called a company, enterprise or firm) is a legally recognized organization designed to provide goods and/or services to consumers. Businesses are predominant in capitalist economies, most being privately owned and formed to earn profit that will increase the wealth of its owners and grow the business itself. The owners and operators of a business have as one of their main objectives the receipt or generation of a financial return in exchange for work and acceptance of risk.
GIVING AND RECEIVING: Question: How can changing the mindset from sales, or selling to giving, & receiving make a difference in the way that we see and perform business today?
First I would like to say that, you can’t make the whole world a sells force, but you can give the world a gift!
Giving and receiving is more of an exchange of value where the giver is not looking for much or any return directly or indirectly from the receiver. This process is more intrinsic (built in, basic) in nature then any material gains. The receiver on the other hand is only obligated to give back in ways in which you or I have little or no understanding of! This is of course according to each persons own value system and theirs alone. You can’t regulate it or attempt to rule over it externally through third party rule.
Giving is a voluntary activity. If a person is forced (legislated, dictatorial) to give something that is outside of their own suggestion (well power) and without recourse, that is called taking.
The best example of this is government mandates, such as taxes, etc. This is why government really never solves anything because one party is inevitably taking from another party or group. Governments only create more problems for themselves and those they are trying to work with. While on the other hand, a person who is asked to give in church, temple, or any other religion can do so willingly and in whatever amount they choose.
MICRO-LOANS are a great example of how this works. The giver is informed at the very beginning of their lending process that they may not receive the money back or that they should not give for the reason of gain. This creates a totally different value system in the giver.
You can’t change the person but by changing the environment for the exchange of value for value, we can change the outcome. If the whole environment is built around giving and receiving rather then sells, then more people automatically will be able to get involved in the exchange process itself. Modestly put, everyone can get involved. No selling required only sharing the gift of giving and receiving.
Here is another thought; the producer of the product does not care much on how to move the product through the market, as long as it moves through the marketplace in the fastest, and most efficient way possible. So, if you and I are both the customer/partner sharing in the consumption and movement of those same products and services thru the Home Based Business/MLM industry, how much faster would those same products and services move along if you brought more people into the giving and receiving process and stop this trying to turn the world into some kind of sells force, where only a limited amount of people can succeed based on sells performance outcome and not that of giving and receiving.
GOVERNMENT-owned corporation, state-owned enterprise, or government business enterprise is a legal entity created by a government to undertake commercial activities on behalf of an owner government, and are usually considered to be an element or part of the state.
INCOME STATEMENT: An Income Statement, also called a Profit and Loss Statement (P&L), is a financial statement for companies that indicates how Revenue (money received from the sale of products and services before expenses are taken out, also known as the "top line") is transformed into net income (the result after all revenues and expenses have been accounted for, also known as the "bottom line"). The purpose of the income statement is to show managers and investors whether the company made or lost money during the period being reported. The important thing to remember about an income statement is that it represents a period of time. This contrasts the balance sheet, which represents a single moment in time.
JUXTAPOSING INCONGRUENT INDUSTRIES: Placing side-by-side in a working model two different industries that seemingly have nothing in common or seemingly appear to be diabolically opposed to each other - in our case to create a new industry model with a single purpose in mind and that is to create a system that is offering a greater amount of prosperity to exist in and therefore helping to shrink the GAP between the rich and poor.
A prime example of a working model is Vanguard group. Currently and as of the placement of this writing (January 2016), the largest money management system in the world today. John C. Bogle (the funds founder) saw this vision years ago and utilized the resources of the nonprofit industry to create the only system on Wall Street at one time (and maybe still today) that removed the conflict of competing interest between its customers/clients money and the companies money making interest as was/is present in the money market industry causing the constant development of money market schemes
designed to place more and more of its customers/clients money into the hands of its managers and CEO's.
Vanguard Group removed the need to develop these improprieties simply by changing the face of the market via its non profit endeavors. It is not accidental as to why Vanguard group is the number one firm on Wall Street today. They removed the conflict between the customers interest and theirs by creating the non profit firm. This action also removed the need to come up with creative offerings that oft lead to scandals, and eventually the firm's loss in productivities or eventual demise.
LIABILITY: 1. The state of being legally obliged and responsible; 2. Indebtedness: an obligation to pay money to another party; 3. The quality of being something that holds you back; 4. In the most general sense, a liability is anything that is a hindrance or puts individuals at a disadvantage.
LITE – Leaders In Training Enter first: These are the first people who will enter The Team, both as volunteers, and as the test group.
LOVE: There are three known definitions for love commonly used throughout the world, which help us to understand its applications to life.
1. Agape - unconditional love (also known as godly love). Agape love is above philos love and eros love in both affect and pure potential. It is a love that is totally selfless, where a person gives out love to another person even if this act does not benefit her/him in any way. Whether the love given is returned or not, the person continues to love (even without any self-benefit). However, the highest type of agape love is not human at all, but divine - God's unconditional love for us, His creation.
2. Philos love - a love based on friendship between two people. It is true that two lovers that start out by being friends first before becoming partners usually are the relationships that last the longest.
Friendship is the foundation of a successful relationship. This is true whether it is marriage, or boyfriend-girlfriend, relationship between family members, relationship with co-workers, employer, etc.
3. Eros love - known as "erotic love". It is based on strong feelings toward another. It usually occurs in the first stages of a man-woman "romantic" relationship. It is love that is untested by hardships, and therefore may or may not last in the long-term. It may or may not develop into a higher form of love - philos love. Eros love can only succeed in the long-term if it progresses into a higher form of love. Otherwise, it will not last.
4. Acronym: LOVE – Leveraging the Opportunity for Victory in Eternity. Another way to spell LOVE is TIME.
MICRO-LOANS: One of the unknown great attributes of Micro-credit is this: many of the lenders of micro-credit are your everyday variety people who are reaching out to help someone. Not through just giving to the needy itself, but also by giving small amounts of money (anywhere from $25 - $500) to needy entrepreneurs around the world looking to grow a small enterprise. When that money is paid back the giver is able to repeat the process for as long as they like. Micro-credit is a new way for people who are looking at ways of helping the working poor and poor people around the world obtain the money and/or resources to help them in ways other traditional non-profit organizations have not or cannot. Micro-credit is the extension of very small loans (micro loans) to those in poverty designed to spur entrepreneurship. These individuals lack collateral, steady employment and a verifiable credit history and therefore cannot meet even the most minimal qualifications to gain access to traditional credit. Micro-credit is a part of micro-finance, which is the provision of a wider range of financial services to the very poor.
Micro-credit is a financial innovation that is generally considered to have originated with the Grameen Bank in Bangladesh.
In that country, it has successfully enabled extremely impoverished people to engage in self-employment projects that allow them to generate an income and, in many cases, begin to build
wealth and exit poverty. Due to the success of micro-credit, many in the traditional banking industry have begun to realize that these micro-credit borrowers should more correctly be categorized as pre-bankable; thus, micro-credit is increasingly gaining credibility in the mainstream finance industry, and many traditional large finance organizations are contemplating micro-credit projects as a source of future growth, even though almost everyone in larger development organizations discounted the likelihood of success of micro-credit when it was begun. The United Nations declared 2005 the International Year of micro credit.
MIDDLE CLASS: The middle class, in colloquial usage, consists of those who have some economic independence but not a great deal of social influence or power. The term often encompasses merchants and professionals, academics, bureaucrats, and some farmers and skilled workers. Social hierarchies and their definitions vary. There are many factors that can define the middle class in a society, such as money, behavior and heredity. In many countries, it is predominantly the amount of money that determines an individual's position in the social hierarchy. In other countries, social factors may have as strong an influence. These factors include education, professional or employment status, home ownership, or culture.
MINING: The process or business of extracting ore or minerals from the ground. See also – special TV’s definition of mining
MONEY: Something generally accepted as a medium of exchange, a measure of value, or a means of payment: as an officially coined or stamped metal
NEEDS vs WANTS: see wants below
NOISE: 1. (a) Sound or a sound that is loud, disagreeable, or unwanted. (b) Sound or a sound of any kind; 2. A loud clamor or commotion; 3. Physics. A usu. Random and persistent disturbance that obscures or reduces the clarity or quality of a signal; 4. Computer Sci. Irrelevant or meaningless data generated by a computer along with desired data; 5. Informal. (a) protest or complaint. (b) rumor:
NON-PROFIT ORGANIZATION (abbreviated NPO, also not-for-profit) is an organization that does not distribute its surplus funds to owners or shareholders, but instead uses them to help pursue its goals.
OLIVE BRANCH: 1. A branch of an olive tree regarded as an emblem of peace; 2. Idioms: olive branch. A symbol of peace, an offering of good will, as in "They feuded for years, but finally the Hatfield's came over bearing an olive branch". This term is alluded to in the Bible (Genesis 8:11), where the dove comes to Noah after the flood with an olive leaf in its mouth.
POOR: 1. Having little or no wealth and few or no possessions; 2. Lacking in a specified resource or quality.
PRINTING MONEY: Printing money does not mean that you actually will print the money as is done at the “US Mint” US Department of Treasury. Here we are simply stating that a person prints money every time they create value in a thing for which another person will want to exchange for money.
Example: when a person buys a house for $100,000 and sells the house for $150,000 that person will have created a value in that house whereby they printed money for that value. In this example they will have printed $50,000. This $50,000 now is available to stimulate our society. This very simple example if learned by more of us will help to stimulate society. This is one of the reasons why our government continues to give tax incentives to businesses.
PROCESSIONARY CATERPILLARS: CREATURES OF HABITS (ALL LIVING ORGANISMS ARE, INCLUDING HUMAN-BEINGS), This requires societal justification.
“As people, we expect our activities in life to be purposeful. The birds of the air and the fish of the sea must resort to instincts deep inside their diminutive and primitive brains to conduct their activities, but we are different. We have the capacity to reason, to plan, and to adapt. This ability should make us unique among the animals of the world. Unfortunately, we often resemble unthinking, lower forms of life.
Case in point: the processionary caterpillar. The noted French naturalist, Jean Henri Fabre`, studied this unique little furry insect in great detail. What makes this caterpillar special is its instinct to follow in lock step the caterpillar in front of it. This behavior, not only gives the caterpillar its name, but a deadly characteristic also.
Fabre` demonstrated this unusual behavior with a simple experiment. He took a flowerpot and placed a number of caterpillars in single-file around the circumference of the pot’s rim. Each caterpillar's head touched the caterpillar in front of it. Fabre` then placed the caterpillars' favorite food in the middle of the circle created by the caterpil-lars’ procession around the rim of the flowerpot. Each caterpillar followed the one ahead thinking that it was heading for the food. Round and round went those silly insects--for seven days! After a week of this mindless activity, the caterpil-lars started to drop dead because of exhaustion and starvation. All that they had to do to avoid death was to stop the senseless circling of the flower pot and head directly toward the food—less than six inches away from those ever-circling crawlers. However, the processionary caterpillars were locked into this lifestyle and couldn’t extricate themselves from this mindless behavior.”
“Through force of habit, the caterpillars kept moving relentlessly around the pot at about the same pace. They were blindly following their instincts, habits, past experience, tradition, custom and precedent—the way they always had done things. In reality, they got nowhere. As the adage states, It is a form of insanity to do the same things over and over and then expect different results.
Like the caterpillars, many sales and service industry professionals mistake daily activity for accomplishment, working hard for working smart. To change your sales behavior you need a plan and a program to move to a new level of sales excellence.”
Human beings are different from caterpillars. We alone have the ability to change our direction in life. Or do we? We often confuse motion with meaning and activity with achievement. We can all too readily get into ruts, which cause us to dysfunction at work, school, or home. The ruts can become vicious circles, which don’t get us any further than the processionary caterpillar gets on the flowerpot. Then we find ourselves resembling the processionary caterpillar more than we would first think or want. If you fear that you share some of the style of the processionary caterpillar, here are three things you can do so that you can breakout of that senseless circle.
1. Drive to and from your destination by a different road the next time. As you go a different way to work, look at the sights. You will discover an entire world out there that you might not have ever seen. Blaze new trails to work, school, or shopping. After you are comfortable about changing your driving routine, dare to do other things differently.
2. Be adventuresome about your approach to life. Try an ethnic restaurant sometime. Go to a music concert or movie that isn’t your normal fare. Dare to be different. The worst that could happen is that you will learn to appreciate your tried and true choice more. The best thing that could happen would be that you would have expanded your horizons.
3. Having broken some habitual patterns of activity, look at your work, schooling, and interpersonal relationships. It is important to try your exploratory wings on things like types of music you listen to or the way you get to work before you attempt this final technique. Having practiced on the least critical areas of life, go for the truly vital ones. Take the first tentative steps to breaking away from your processionary humdrum of life. Try really living. Don’t confuse vegetating with vitality. Set professional or educational goals for the next five years. It looks safer to stay in the routinized ruts of life, but the processionary caterpillars show us that it doesn’t really get us anywhere. Movement isn’t necessarily meaningful. We are human. We possess an intelligence that enables us to be different from all the lower forms of life. Be all you can be by learning from the pitiful processionary caterpillar.
We often confuse motion with meaning and activity with achievement.”
PROSPERITY: the condition of being successful or thriving; especially economic well being. It is the state of flourishing, good fortune and / or successful social status. Prosperity often encompasses wealth but also include other factors, which are independent of wealth to varying degrees, such as happiness and health.
Special note on prosperity: prosperity is founded upon the law of mutual exchange! Anyone who contributes to the law must themselves prosper in return. It may not come from the ones you serve but it must come from somewhere, that is the law because for every action there is an opposite & equal reaction. Your success will be measured by the quality & quantity of service you render to others. If you want less all you have to do is give less.
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PERSONAL BUSINESS CENTER (P’BC): is a place where you will focus all of your training, business development, organization, and goal-setting prowess. It is a complete Information Age business center, designed to help you in your transition from the Industrial Age mindset.
The PERSONAL BUSINESS CENTER can/will usher in the nuclear family as a business unit, which worked very well in the Agrarian Age when families were able to stay together and grow their businesses at the same time. The difference today, compared to then, is this: instead of using the plow, your back, and a horse to sustain a family business, we need only the ability to communicate well with others, the correct information, and the power of the internet.
The PERSONAL BUSINESS CENTER offers you the ability to handle a large organization of people, but without the corporate structure and responsibilities of the Industrial Age. The Information Age technology makes this all possible.
This will be the simplest form of setting up, owning and operating a business conceived in the 21st Century to date. At the same time, this system provides a practical education for the masses in the free enterprise system. The PERSONAL BUSINESS CENTER is based on the principles, concepts and applications that made traditional businesses successful, without the enormous upfront costs of starting a traditional business.
PERSONAL BUSINESS CENTER (P’BC) IS WHERE YOU AND THREE OR MORE PEOPLE YOU KNOW RESIDE. YOU ARE BUILDING A COMMUNITY OF PEOPLE YOU HAVE REFERRED INTO TEAM VISION
Robert T. Kiyosaki’s simple definition of an asset: that which puts money into your
pocket not that which takes money out of your pocket.
ASSOCIATE: An associate of Team Vision is an:
ASSOCIATE BUSINESS CLIENT (ABC): One who has the privilege of partaking in every area of operation provided by Team Vision including the nonprofit and for profit organizations and companies.
ASSOCIATE TEAM BUILDER (ATB): This same individual is a team builder.
BALANCE SHEET: In financial accounting, a balance sheet or statement of financial position is a summary of a person's or organization's balances. Assets, liabilities and ownership equity are listed as of a specific date, such as the end of its financial year. A balance sheet is often described as a snapshot of a company's financial condition. Of the four basic financial statements, the balance sheet is the only statement which applies to a single point in time
BEING INFORMED is a prerequisite to knowledge. Knowledge can lead to freedom, but surely lack of knowledge is a sure path towards bondage of any sort, be it financial, spiritual, social, political, or physical. Knowledge of any product/service you get involved in through Team Vision or otherwise, will take you further towards your quest to become a successful businessperson or a financially free individual. Without that knowledge base you are going to become subject to the whims of others more so now then ever before in the history of mankind because “WE ARE IN THE INFORMATION AGE”. Can it be put any simpler; we are in the information age, no information, no real progress.
Many people in power know what Team Vision discovered. Millions are being left behind right now because we are in the Information Age. Some see this as an opportunity to advance mankind into the next millennium, namely creative ideas coming from the business environment, and social environment. Others will take this opportunity to try to advance their own hidden agendas to advance their elitist ideology in the name of saving the planet or doing it for the babies, namely politicians.
Our logo is “PUTTING IT ALL TOGETHER”. Team Vision has put this system together for one reason and one reason only. To take two systems, put them together like never before and use them to bring more people into prosperity, financial freedom, and out of bondage. We know it can be done, and we will do it. In the process of doing all of this we are making sure that the people are BEING INFORMED throughout.
Why are we pointing this out to you so dramatically? The answer is easy. Team Vision has taken some of the burdens leading to a failed effort at the beginning of your Multi Level Marketing (MLM) experience and made them lighter or removed them all together (money, time, and cold calling). TV has taking only a few of the important steps out of your way, but TV cannot guarantee your continued prosperity, only you can do that. Your continued prosperity will now come through you BEING INFORMED. That is an inside job! TV strongly suggests that you take the time to study the web pages you will be sent to. This is your moment in life to make a difference or to create a legacy. Will it be boring, yes; absolutely it will but do it anyway. This is what winners do all the time. TV is asking you to help the most important person in the world right now, YOU! We can only do but so much, if you take this or anything given to you lightly and for granted you will help to cause a ripple effect of apathy throughout your family and beyond.
BUSINESS (also called a company, enterprise or firm) is a legally recognized organization designed to provide goods and/or services to consumers. Businesses are predominant in capitalist economies, most being privately owned and formed to earn profit that will increase the wealth of its owners and grow the business itself. The owners and operators of a business have as one of their main objectives the receipt or generation of a financial return in exchange for work and acceptance of risk.
CREDITOR: A creditor is a party (e.g. person, organization, company, or government) that has a claim to the services of a second party. The first party, in general, has provided some property or service to the second party under the assumption (usually enforced by contract) that the second party will return an equivalent property or service. The second party is frequently called a debtor or borrower.
COLD MARKET: are people you don’t know and who have never used the product. They may or may not have heard of the products or company before. As far as you know, they don’t have a need for the products either.
DNA: deoxyribonucleic acid, a self-replicating material present in nearly all living organisms as the main constituent of chromosomes. It is the carrier of genetic information.
the fundamental and distinctive characteristics or qualities of someone or something, especially when regarded as unchangeable.
"diversity is part of the company's DNA"
DEBT: 1. The state of owing something (especially money); "he is badly in debt"; 2. Money or goods or services owed by one person to another; 3. An obligation to pay or do something
Acronym: DEBT: Devalued Earnings = Belt Tightening
ECONOMY OF SCALE: The increase in efficiency of production as the number of goods being produced increases. Typically, a company that achieves economies of scale lowers the average cost per unit through increased production since fixed costs are shared over an increased number of goods.
There are two types of economies of scale:
-External economies - the cost per unit depends on the size of the industry, not the firm.
-Internal economies - the cost per unit depends on size of the individual firm.
Investopedia explains 'Economies Of Scale' - Economies of scale gives big companies access to a larger market by allowing them to operate with greater geographical reach. For the more traditional (small to medium) companies, however, size does have its limits. After a point, an increase in size (output) actually causes an increase in production costs. This is called "diseconomies of scale".
Related Video for 'Economies Of Scale'
ENTITIES: Something that exists as a particular and discrete unit: Persons and corporations are equivalent entities under the law.
ENTERPRISING: having or showing initiative and resourcefulness.
FOR PROFIT: or simply a business (also called a company, enterprise or firm) is a legally recognized organization designed to provide goods and/or services to consumers. Businesses are predominant in capitalist economies, most being privately owned and formed to earn profit that will increase the wealth of its owners and grow the business itself. The owners and operators of a business have as one of their main objectives the receipt or generation of a financial return in exchange for work and acceptance of risk.
GIVING AND RECEIVING: Question: How can changing the mindset from sales, or selling to giving, & receiving make a difference in the way that we see and perform business today?
First I would like to say that, you can’t make the whole world a sells force, but you can give the world a gift!
Giving and receiving is more of an exchange of value where the giver is not looking for much or any return directly or indirectly from the receiver. This process is more intrinsic (built in, basic) in nature then any material gains. The receiver on the other hand is only obligated to give back in ways in which you or I have little or no understanding of! This is of course according to each persons own value system and theirs alone. You can’t regulate it or attempt to rule over it externally through third party rule.
Giving is a voluntary activity. If a person is forced (legislated, dictatorial) to give something that is outside of their own suggestion (well power) and without recourse, that is called taking.
The best example of this is government mandates, such as taxes, etc. This is why government really never solves anything because one party is inevitably taking from another party or group. Governments only create more problems for themselves and those they are trying to work with. While on the other hand, a person who is asked to give in church, temple, or any other religion can do so willingly and in whatever amount they choose.
MICRO-LOANS are a great example of how this works. The giver is informed at the very beginning of their lending process that they may not receive the money back or that they should not give for the reason of gain. This creates a totally different value system in the giver.
You can’t change the person but by changing the environment for the exchange of value for value, we can change the outcome. If the whole environment is built around giving and receiving rather then sells, then more people automatically will be able to get involved in the exchange process itself. Modestly put, everyone can get involved. No selling required only sharing the gift of giving and receiving.
Here is another thought; the producer of the product does not care much on how to move the product through the market, as long as it moves through the marketplace in the fastest, and most efficient way possible. So, if you and I are both the customer/partner sharing in the consumption and movement of those same products and services thru the Home Based Business/MLM industry, how much faster would those same products and services move along if you brought more people into the giving and receiving process and stop this trying to turn the world into some kind of sells force, where only a limited amount of people can succeed based on sells performance outcome and not that of giving and receiving.
GOVERNMENT-owned corporation, state-owned enterprise, or government business enterprise is a legal entity created by a government to undertake commercial activities on behalf of an owner government, and are usually considered to be an element or part of the state.
INCOME STATEMENT: An Income Statement, also called a Profit and Loss Statement (P&L), is a financial statement for companies that indicates how Revenue (money received from the sale of products and services before expenses are taken out, also known as the "top line") is transformed into net income (the result after all revenues and expenses have been accounted for, also known as the "bottom line"). The purpose of the income statement is to show managers and investors whether the company made or lost money during the period being reported. The important thing to remember about an income statement is that it represents a period of time. This contrasts the balance sheet, which represents a single moment in time.
JUXTAPOSING INCONGRUENT INDUSTRIES: Placing side-by-side in a working model two different industries that seemingly have nothing in common or seemingly appear to be diabolically opposed to each other - in our case to create a new industry model with a single purpose in mind and that is to create a system that is offering a greater amount of prosperity to exist in and therefore helping to shrink the GAP between the rich and poor.
A prime example of a working model is Vanguard group. Currently and as of the placement of this writing (January 2016), the largest money management system in the world today. John C. Bogle (the funds founder) saw this vision years ago and utilized the resources of the nonprofit industry to create the only system on Wall Street at one time (and maybe still today) that removed the conflict of competing interest between its customers/clients money and the companies money making interest as was/is present in the money market industry causing the constant development of money market schemes
designed to place more and more of its customers/clients money into the hands of its managers and CEO's.
Vanguard Group removed the need to develop these improprieties simply by changing the face of the market via its non profit endeavors. It is not accidental as to why Vanguard group is the number one firm on Wall Street today. They removed the conflict between the customers interest and theirs by creating the non profit firm. This action also removed the need to come up with creative offerings that oft lead to scandals, and eventually the firm's loss in productivities or eventual demise.
LIABILITY: 1. The state of being legally obliged and responsible; 2. Indebtedness: an obligation to pay money to another party; 3. The quality of being something that holds you back; 4. In the most general sense, a liability is anything that is a hindrance or puts individuals at a disadvantage.
LITE – Leaders In Training Enter first: These are the first people who will enter The Team, both as volunteers, and as the test group.
LOVE: There are three known definitions for love commonly used throughout the world, which help us to understand its applications to life.
1. Agape - unconditional love (also known as godly love). Agape love is above philos love and eros love in both affect and pure potential. It is a love that is totally selfless, where a person gives out love to another person even if this act does not benefit her/him in any way. Whether the love given is returned or not, the person continues to love (even without any self-benefit). However, the highest type of agape love is not human at all, but divine - God's unconditional love for us, His creation.
2. Philos love - a love based on friendship between two people. It is true that two lovers that start out by being friends first before becoming partners usually are the relationships that last the longest.
Friendship is the foundation of a successful relationship. This is true whether it is marriage, or boyfriend-girlfriend, relationship between family members, relationship with co-workers, employer, etc.
3. Eros love - known as "erotic love". It is based on strong feelings toward another. It usually occurs in the first stages of a man-woman "romantic" relationship. It is love that is untested by hardships, and therefore may or may not last in the long-term. It may or may not develop into a higher form of love - philos love. Eros love can only succeed in the long-term if it progresses into a higher form of love. Otherwise, it will not last.
4. Acronym: LOVE – Leveraging the Opportunity for Victory in Eternity. Another way to spell LOVE is TIME.
MICRO-LOANS: One of the unknown great attributes of Micro-credit is this: many of the lenders of micro-credit are your everyday variety people who are reaching out to help someone. Not through just giving to the needy itself, but also by giving small amounts of money (anywhere from $25 - $500) to needy entrepreneurs around the world looking to grow a small enterprise. When that money is paid back the giver is able to repeat the process for as long as they like. Micro-credit is a new way for people who are looking at ways of helping the working poor and poor people around the world obtain the money and/or resources to help them in ways other traditional non-profit organizations have not or cannot. Micro-credit is the extension of very small loans (micro loans) to those in poverty designed to spur entrepreneurship. These individuals lack collateral, steady employment and a verifiable credit history and therefore cannot meet even the most minimal qualifications to gain access to traditional credit. Micro-credit is a part of micro-finance, which is the provision of a wider range of financial services to the very poor.
Micro-credit is a financial innovation that is generally considered to have originated with the Grameen Bank in Bangladesh.
In that country, it has successfully enabled extremely impoverished people to engage in self-employment projects that allow them to generate an income and, in many cases, begin to build
wealth and exit poverty. Due to the success of micro-credit, many in the traditional banking industry have begun to realize that these micro-credit borrowers should more correctly be categorized as pre-bankable; thus, micro-credit is increasingly gaining credibility in the mainstream finance industry, and many traditional large finance organizations are contemplating micro-credit projects as a source of future growth, even though almost everyone in larger development organizations discounted the likelihood of success of micro-credit when it was begun. The United Nations declared 2005 the International Year of micro credit.
MIDDLE CLASS: The middle class, in colloquial usage, consists of those who have some economic independence but not a great deal of social influence or power. The term often encompasses merchants and professionals, academics, bureaucrats, and some farmers and skilled workers. Social hierarchies and their definitions vary. There are many factors that can define the middle class in a society, such as money, behavior and heredity. In many countries, it is predominantly the amount of money that determines an individual's position in the social hierarchy. In other countries, social factors may have as strong an influence. These factors include education, professional or employment status, home ownership, or culture.
MINING: The process or business of extracting ore or minerals from the ground. See also – special TV’s definition of mining
MONEY: Something generally accepted as a medium of exchange, a measure of value, or a means of payment: as an officially coined or stamped metal
NEEDS vs WANTS: see wants below
NOISE: 1. (a) Sound or a sound that is loud, disagreeable, or unwanted. (b) Sound or a sound of any kind; 2. A loud clamor or commotion; 3. Physics. A usu. Random and persistent disturbance that obscures or reduces the clarity or quality of a signal; 4. Computer Sci. Irrelevant or meaningless data generated by a computer along with desired data; 5. Informal. (a) protest or complaint. (b) rumor:
NON-PROFIT ORGANIZATION (abbreviated NPO, also not-for-profit) is an organization that does not distribute its surplus funds to owners or shareholders, but instead uses them to help pursue its goals.
OLIVE BRANCH: 1. A branch of an olive tree regarded as an emblem of peace; 2. Idioms: olive branch. A symbol of peace, an offering of good will, as in "They feuded for years, but finally the Hatfield's came over bearing an olive branch". This term is alluded to in the Bible (Genesis 8:11), where the dove comes to Noah after the flood with an olive leaf in its mouth.
POOR: 1. Having little or no wealth and few or no possessions; 2. Lacking in a specified resource or quality.
PRINTING MONEY: Printing money does not mean that you actually will print the money as is done at the “US Mint” US Department of Treasury. Here we are simply stating that a person prints money every time they create value in a thing for which another person will want to exchange for money.
Example: when a person buys a house for $100,000 and sells the house for $150,000 that person will have created a value in that house whereby they printed money for that value. In this example they will have printed $50,000. This $50,000 now is available to stimulate our society. This very simple example if learned by more of us will help to stimulate society. This is one of the reasons why our government continues to give tax incentives to businesses.
PROCESSIONARY CATERPILLARS: CREATURES OF HABITS (ALL LIVING ORGANISMS ARE, INCLUDING HUMAN-BEINGS), This requires societal justification.
“As people, we expect our activities in life to be purposeful. The birds of the air and the fish of the sea must resort to instincts deep inside their diminutive and primitive brains to conduct their activities, but we are different. We have the capacity to reason, to plan, and to adapt. This ability should make us unique among the animals of the world. Unfortunately, we often resemble unthinking, lower forms of life.
Case in point: the processionary caterpillar. The noted French naturalist, Jean Henri Fabre`, studied this unique little furry insect in great detail. What makes this caterpillar special is its instinct to follow in lock step the caterpillar in front of it. This behavior, not only gives the caterpillar its name, but a deadly characteristic also.
Fabre` demonstrated this unusual behavior with a simple experiment. He took a flowerpot and placed a number of caterpillars in single-file around the circumference of the pot’s rim. Each caterpillar's head touched the caterpillar in front of it. Fabre` then placed the caterpillars' favorite food in the middle of the circle created by the caterpil-lars’ procession around the rim of the flowerpot. Each caterpillar followed the one ahead thinking that it was heading for the food. Round and round went those silly insects--for seven days! After a week of this mindless activity, the caterpil-lars started to drop dead because of exhaustion and starvation. All that they had to do to avoid death was to stop the senseless circling of the flower pot and head directly toward the food—less than six inches away from those ever-circling crawlers. However, the processionary caterpillars were locked into this lifestyle and couldn’t extricate themselves from this mindless behavior.”
“Through force of habit, the caterpillars kept moving relentlessly around the pot at about the same pace. They were blindly following their instincts, habits, past experience, tradition, custom and precedent—the way they always had done things. In reality, they got nowhere. As the adage states, It is a form of insanity to do the same things over and over and then expect different results.
Like the caterpillars, many sales and service industry professionals mistake daily activity for accomplishment, working hard for working smart. To change your sales behavior you need a plan and a program to move to a new level of sales excellence.”
Human beings are different from caterpillars. We alone have the ability to change our direction in life. Or do we? We often confuse motion with meaning and activity with achievement. We can all too readily get into ruts, which cause us to dysfunction at work, school, or home. The ruts can become vicious circles, which don’t get us any further than the processionary caterpillar gets on the flowerpot. Then we find ourselves resembling the processionary caterpillar more than we would first think or want. If you fear that you share some of the style of the processionary caterpillar, here are three things you can do so that you can breakout of that senseless circle.
1. Drive to and from your destination by a different road the next time. As you go a different way to work, look at the sights. You will discover an entire world out there that you might not have ever seen. Blaze new trails to work, school, or shopping. After you are comfortable about changing your driving routine, dare to do other things differently.
2. Be adventuresome about your approach to life. Try an ethnic restaurant sometime. Go to a music concert or movie that isn’t your normal fare. Dare to be different. The worst that could happen is that you will learn to appreciate your tried and true choice more. The best thing that could happen would be that you would have expanded your horizons.
3. Having broken some habitual patterns of activity, look at your work, schooling, and interpersonal relationships. It is important to try your exploratory wings on things like types of music you listen to or the way you get to work before you attempt this final technique. Having practiced on the least critical areas of life, go for the truly vital ones. Take the first tentative steps to breaking away from your processionary humdrum of life. Try really living. Don’t confuse vegetating with vitality. Set professional or educational goals for the next five years. It looks safer to stay in the routinized ruts of life, but the processionary caterpillars show us that it doesn’t really get us anywhere. Movement isn’t necessarily meaningful. We are human. We possess an intelligence that enables us to be different from all the lower forms of life. Be all you can be by learning from the pitiful processionary caterpillar.
We often confuse motion with meaning and activity with achievement.”
PROSPERITY: the condition of being successful or thriving; especially economic well being. It is the state of flourishing, good fortune and / or successful social status. Prosperity often encompasses wealth but also include other factors, which are independent of wealth to varying degrees, such as happiness and health.
Special note on prosperity: prosperity is founded upon the law of mutual exchange! Anyone who contributes to the law must themselves prosper in return. It may not come from the ones you serve but it must come from somewhere, that is the law because for every action there is an opposite & equal reaction. Your success will be measured by the quality & quantity of service you render to others. If you want less all you have to do is give less.
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PERSONAL BUSINESS CENTER (P’BC): is a place where you will focus all of your training, business development, organization, and goal-setting prowess. It is a complete Information Age business center, designed to help you in your transition from the Industrial Age mindset.
The PERSONAL BUSINESS CENTER can/will usher in the nuclear family as a business unit, which worked very well in the Agrarian Age when families were able to stay together and grow their businesses at the same time. The difference today, compared to then, is this: instead of using the plow, your back, and a horse to sustain a family business, we need only the ability to communicate well with others, the correct information, and the power of the internet.
The PERSONAL BUSINESS CENTER offers you the ability to handle a large organization of people, but without the corporate structure and responsibilities of the Industrial Age. The Information Age technology makes this all possible.
This will be the simplest form of setting up, owning and operating a business conceived in the 21st Century to date. At the same time, this system provides a practical education for the masses in the free enterprise system. The PERSONAL BUSINESS CENTER is based on the principles, concepts and applications that made traditional businesses successful, without the enormous upfront costs of starting a traditional business.
PERSONAL BUSINESS CENTER (P’BC) IS WHERE YOU AND THREE OR MORE PEOPLE YOU KNOW RESIDE. YOU ARE BUILDING A COMMUNITY OF PEOPLE YOU HAVE REFERRED INTO TEAM VISION
PUBLIC BUSINESS CENTER (PBC) is the first area of operation the public will become a part of as each person enters Team Vision (TV) and chooses to become an active participant. This is the power of and the central point of our system. Making community building seamless and effortless in its design. Each persons PBC will have three others plus yourself in it to get started into community building.
PUBLIC BUSINESS CENTER (YOU AND THREE OTHER PEOPLE YOU MOSTLY WILL NOT KNOW)
PUBLIC BUSINESS CENTER (YOU AND THREE OTHER PEOPLE YOU MOSTLY WILL NOT KNOW)
Why do we call it a Public Business Center? Two reasons: (a) you have had nothing to do with them becoming apart of your growth. Our new system is doing all of the work for you; and (b) you will be developing your own community later on. This community will be developed personally by you, although different from any system you are currently familiar with, this system is named Personal Business Center or (P’BC). The system will still be doing your work for you but your input will be needed.
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RATE RACE: 1. Mad scramble or intense competitive struggle, such as in the business world; 2. An exhausting routine that leaves no time for relaxation; 3. A rat race is a term used for an endless, self-defeating or pointless pursuit. It conjures up the image of the futile efforts of a lab rat trying to escape whilst running around a maze or in a wheel.
Definition of the "Rat Race" - by Robert Kiyosaki
"If you look at the life of the average-educated, hard-working person, there is a similar path. The child is born and goes to school. The proud parents are excited because the child excels, gets fair to good grades, and is accepted into a college. The child graduates, maybe goes on to graduate school and then does exactly as programmed: looks for a safe, secure job or career. The child finds that job, maybe as a doctor or a lawyer, or joins the Army or works for the government. Generally, the child begins to make money, credit cards start to arrive in mass, and the shopping begins, if it already hasn't.
"Having money to burn, the child goes to places where other young people just like them hang out, and they meet people, they date, and sometimes they get married. Life is wonderful now, because today, both men and women work. Two incomes are bliss. They feel successful, their future is bright, and they decide to buy a house, a car, a television, take vacations and have children. The happy bundle arrives. The demand for cash is enormous. The happy couple decides that their careers are vitally important and begin to work harder, seeking promotions and raises. The raises come, and so does another child and the need for a bigger house.
They work harder, become better employees, even more dedicated. They go back to school to get more specialized skills so they can earn more money. Maybe they take a second job. Their incomes go up, but so does the tax bracket they're in and the real estate taxes on their new large home, and their Social Security taxes, and all the other taxes. They get their large paycheck and wonder where all the money went. They buy some mutual funds and buy groceries with their credit card. The children reach 5 or 6 years of age, and the need to save for college increases as well as the need to save for their retirement.
"That happy couple, born 35 years ago, is now trapped in the Rat Race for the rest of their working days, (here you find the "45-Year Plan" at work full force). They work for the owners of their company, for the government paying taxes, and for the bank paying off a mortgage and credit cards. "Then, they advise their own children to `study hard, get good grades, and find a safe job or career.' They learn nothing about money, except from those who profit from their naïveté, and work hard all their lives. The process repeats into another hard-working generation. This is the 'Rat Race'."
“ The Billionaire and Billionaire Teacher”
RECIPROCITY: in social psychology refers to responding to a positive action with another positive action, rewarding kind actions.
As a social construct, reciprocity means that in response to friendly actions, people are frequently much nicer and much more cooperative than predicted by the self-interest model; conversely, in response to hostile actions they are frequently much more nasty and even brutalREFERRAL: Referral marketing is a structured and systematic process that maximizes word of mouth potential. Referral marketing does this by encouraging, informing, promoting and rewarding customers and contacts to think and talk as much as possible about their supplier, their company, product and service and the value and benefit the supplier brings to them and people they know.
RICH: 1. Having extensive material wealth; 2. Having great value or worth; 3. Magnificent: luxurious; 4. a. abundantly supplied - b. abounding, esp. in natural resources.
Acronym: RICH – Residual Income Creates Happiness
SOCIAL BUSINESS:
1. A social business is a non-loss, non-dividend company designed to address a social objective. The profits are used to expand the companyʼs reach and improve the product/service.
2. A social business is an organization designed consciously around sociability and social tools, as a response to a changed world and the emergence of the social web.
SPONSORSHIP: The act of sponsoring (either officially or financially).
THE TEAM VISION: The team with a big vision.
TIME: The continuum of experience in which events pass from the future through the present to the past. In networking another way to spell time is LOVE. The way to win in networking is to spend time with the people you are attempting to grow your business with. That means to love them. If you do not believe this, then ask yourself this question, how are you doing so far without it.
VALUES:
1. Important and lasting beliefs or ideals shared by the members of a culture about what is good or bad and desirable or undesirable. Values have major influence on a person's behavior and attitude and serve as broad guidelines in all situations. Some common business values are fairness, innovation and community involvement.
2. The monetary worth of something in areas such as accounting, economics, marketing or mathematics. See also value.
VOLUNTEERISM:
Extended Definition
Volunteerism is the willingness of people to work on behalf of others without the expectation of pay or other tangible gain. Volunteers may have special training as rescuers, guides, assistants, teachers, missionaries, amateur radio operators, writers, and in other positions. But the majority work on an impromptu basis, recognizing a need and filling it, whether it be the dramatic search for a lost child or the mundane giving of directions to a lost visitor. In economics, voluntary employment is unpaid employment. It may be done for altruistic reasons, for example charity, as a hobby, community service or vocation, or for the purpose of gaining experience. Some go so far as to dedicate much of their lives to voluntary service. One way in which this is done is through the creation of a Non-Profit Franchise.
More also see special definition
WANTS vs NEEDS: When a person enters into marketing (especially Multi Level Marketing) the common wisdom is that if a person needs the money they seek after now (to take care of their immediate life style), their chances of succeeding are very slim to say the least. Why, because like any business it takes time to build a business, and that applies to all businesses, traditional and marketing alike. Knowledge is required to sustain that business over the long haul. Herein is the problem and the solution! Much discussion can be said about how people make it to the top of these organizations, but to keep it simple and to the point. When you take a closer look at the top of each of these organizations, you will find the educated (who were already taught the principles of being a student first), and those who were already self actuated before entering the MLM industry. Those such as doctors, lawyers, engineers, and other assorted professionals and business people. Yes, there are exceptions, but those exceptions are so far and few in between that it can in no way justify a discussion. Studies performed by Consumer Awareness Institute, a non-profit corp, and others like them can explain it all to you.
To further explain WANT, almost no one will become a MLM marketeer directly, mostly through solicitation. Most people only develop the passion and drive to become a top performer for other reasons not discussed here, such as becoming a millionaire, Leadership systems, and developed companionship with others in the group (newest warm market).
WARM MARKET: In sales and direct marketing your warm market is said to be people you know, which could be friends, relatives and existing customers, even referrals are said to be warm market.
WORKING POOR: 1. Working poor is a term used to describe individuals and families who maintain regular employment but remain in relative poverty due to low levels of pay and dependent expenses. The working poor are often distinguished from paupers, poor who are supported by government aid or charity. There are various issues to consider when studying the extent, cause and definition of "working poor" and "working poor" conditions. One such issue is the definition of poverty. Given on a global scale, the definition and requisites to be considered impoverished or in poverty may sharply contrast the conditions of any one specific country.
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RATE RACE: 1. Mad scramble or intense competitive struggle, such as in the business world; 2. An exhausting routine that leaves no time for relaxation; 3. A rat race is a term used for an endless, self-defeating or pointless pursuit. It conjures up the image of the futile efforts of a lab rat trying to escape whilst running around a maze or in a wheel.
Definition of the "Rat Race" - by Robert Kiyosaki
"If you look at the life of the average-educated, hard-working person, there is a similar path. The child is born and goes to school. The proud parents are excited because the child excels, gets fair to good grades, and is accepted into a college. The child graduates, maybe goes on to graduate school and then does exactly as programmed: looks for a safe, secure job or career. The child finds that job, maybe as a doctor or a lawyer, or joins the Army or works for the government. Generally, the child begins to make money, credit cards start to arrive in mass, and the shopping begins, if it already hasn't.
"Having money to burn, the child goes to places where other young people just like them hang out, and they meet people, they date, and sometimes they get married. Life is wonderful now, because today, both men and women work. Two incomes are bliss. They feel successful, their future is bright, and they decide to buy a house, a car, a television, take vacations and have children. The happy bundle arrives. The demand for cash is enormous. The happy couple decides that their careers are vitally important and begin to work harder, seeking promotions and raises. The raises come, and so does another child and the need for a bigger house.
They work harder, become better employees, even more dedicated. They go back to school to get more specialized skills so they can earn more money. Maybe they take a second job. Their incomes go up, but so does the tax bracket they're in and the real estate taxes on their new large home, and their Social Security taxes, and all the other taxes. They get their large paycheck and wonder where all the money went. They buy some mutual funds and buy groceries with their credit card. The children reach 5 or 6 years of age, and the need to save for college increases as well as the need to save for their retirement.
"That happy couple, born 35 years ago, is now trapped in the Rat Race for the rest of their working days, (here you find the "45-Year Plan" at work full force). They work for the owners of their company, for the government paying taxes, and for the bank paying off a mortgage and credit cards. "Then, they advise their own children to `study hard, get good grades, and find a safe job or career.' They learn nothing about money, except from those who profit from their naïveté, and work hard all their lives. The process repeats into another hard-working generation. This is the 'Rat Race'."
“ The Billionaire and Billionaire Teacher”
RECIPROCITY: in social psychology refers to responding to a positive action with another positive action, rewarding kind actions.
As a social construct, reciprocity means that in response to friendly actions, people are frequently much nicer and much more cooperative than predicted by the self-interest model; conversely, in response to hostile actions they are frequently much more nasty and even brutalREFERRAL: Referral marketing is a structured and systematic process that maximizes word of mouth potential. Referral marketing does this by encouraging, informing, promoting and rewarding customers and contacts to think and talk as much as possible about their supplier, their company, product and service and the value and benefit the supplier brings to them and people they know.
RICH: 1. Having extensive material wealth; 2. Having great value or worth; 3. Magnificent: luxurious; 4. a. abundantly supplied - b. abounding, esp. in natural resources.
Acronym: RICH – Residual Income Creates Happiness
SOCIAL BUSINESS:
1. A social business is a non-loss, non-dividend company designed to address a social objective. The profits are used to expand the companyʼs reach and improve the product/service.
2. A social business is an organization designed consciously around sociability and social tools, as a response to a changed world and the emergence of the social web.
SPONSORSHIP: The act of sponsoring (either officially or financially).
THE TEAM VISION: The team with a big vision.
TIME: The continuum of experience in which events pass from the future through the present to the past. In networking another way to spell time is LOVE. The way to win in networking is to spend time with the people you are attempting to grow your business with. That means to love them. If you do not believe this, then ask yourself this question, how are you doing so far without it.
VALUES:
1. Important and lasting beliefs or ideals shared by the members of a culture about what is good or bad and desirable or undesirable. Values have major influence on a person's behavior and attitude and serve as broad guidelines in all situations. Some common business values are fairness, innovation and community involvement.
2. The monetary worth of something in areas such as accounting, economics, marketing or mathematics. See also value.
VOLUNTEERISM:
Extended Definition
Volunteerism is the willingness of people to work on behalf of others without the expectation of pay or other tangible gain. Volunteers may have special training as rescuers, guides, assistants, teachers, missionaries, amateur radio operators, writers, and in other positions. But the majority work on an impromptu basis, recognizing a need and filling it, whether it be the dramatic search for a lost child or the mundane giving of directions to a lost visitor. In economics, voluntary employment is unpaid employment. It may be done for altruistic reasons, for example charity, as a hobby, community service or vocation, or for the purpose of gaining experience. Some go so far as to dedicate much of their lives to voluntary service. One way in which this is done is through the creation of a Non-Profit Franchise.
More also see special definition
WANTS vs NEEDS: When a person enters into marketing (especially Multi Level Marketing) the common wisdom is that if a person needs the money they seek after now (to take care of their immediate life style), their chances of succeeding are very slim to say the least. Why, because like any business it takes time to build a business, and that applies to all businesses, traditional and marketing alike. Knowledge is required to sustain that business over the long haul. Herein is the problem and the solution! Much discussion can be said about how people make it to the top of these organizations, but to keep it simple and to the point. When you take a closer look at the top of each of these organizations, you will find the educated (who were already taught the principles of being a student first), and those who were already self actuated before entering the MLM industry. Those such as doctors, lawyers, engineers, and other assorted professionals and business people. Yes, there are exceptions, but those exceptions are so far and few in between that it can in no way justify a discussion. Studies performed by Consumer Awareness Institute, a non-profit corp, and others like them can explain it all to you.
To further explain WANT, almost no one will become a MLM marketeer directly, mostly through solicitation. Most people only develop the passion and drive to become a top performer for other reasons not discussed here, such as becoming a millionaire, Leadership systems, and developed companionship with others in the group (newest warm market).
WARM MARKET: In sales and direct marketing your warm market is said to be people you know, which could be friends, relatives and existing customers, even referrals are said to be warm market.
WORKING POOR: 1. Working poor is a term used to describe individuals and families who maintain regular employment but remain in relative poverty due to low levels of pay and dependent expenses. The working poor are often distinguished from paupers, poor who are supported by government aid or charity. There are various issues to consider when studying the extent, cause and definition of "working poor" and "working poor" conditions. One such issue is the definition of poverty. Given on a global scale, the definition and requisites to be considered impoverished or in poverty may sharply contrast the conditions of any one specific country.