Success Story of Mr & Mrs Ciprian Mendoza

An interview with Mr & Mrs Ciprian Mendoza from Bolivia. 
They share their experiences in doing the DXN Business while imparting a few success and business tips.

Life Insurance Coverage 101

Know the basics on your life insurance coverage, since it is a long term investment that will protect your love once. Life insurance should be designed to fit your situation so it is not an "one size fits all." Most people, get the most coverage for the lowest cost as possible that they can afford.

There are two types of life insurance policies:

Term life insurance - this is basically a policy that gives death benefit for love once after you die. There are no other features.

Whole-life or permanent life insurance - this policy combines death benefit for love ones with a cash value that you can access while you are still alive.

Term insurance is a wise choice for younger and healthy people who are just starting out with life insurance since it is less costly. In term insurance you can keep your premiums as low as possible.

Married couple usually purchase this kind of life insurance to keep them secured financially in an event one dies. Most companies also offers this kind of insurance policy as added employee benefits. However, if you leave your company the policy will end.

Term insurance expires after a stated period of time or once you reach a specific age, so your love once is only secured during the stated term. This kind of life insurance is feasible only when you are young because they get much more expensive as you age.

Permanent life insurance has a number of kinds, that include traditional whole life, variable life, universal life or variable universal life. Just like the term insurance policy your beneficiaries will get paid when you die, the difference is that it doesn't have a stated termination date. If you have paid the adequate amount of premiums and the policy is in force, your love ones will receive the death benefit.

Premiums are higher and there are often have additional costs for permanent life insurance compared to term insurance policies. This type of life insurance also has cash value that accumulates as you pay premiums. Premium payments must be sufficient to avoid a policy lapse, but a portion of those payments accrue within the policy and can grow on a tax-free basis.

Before purchasing life insurance coverage make sure that you have assess every option there is and make sure that you have discuss your choices with a financial adviser.

When you give your everything, anything can happen

During the 2012 London Olympic Games, over 10,000 athletes gathered in London to test their stamina and skills with other contestants. Every four years, these Olympians teach the world many lessons—we see tears of joy for winning gold, and singing national anthems with pride, and tears of sadness for touching the finish line micro seconds behind the gold medalist.

Michael Phelps, an American swimmer, won 16 Olympic medals: six of them gold, and two bronze in Athens in 2004 and eight gold medals in Beijing in 2008. I was reading an interesting article as to what made him different from other swimmers and how he managed to capture so many gold medals. 

I was surprised to read that Phelps learned a trick or two from other underwater inhabitants, like dolphin, and used backstroke dolphin kick to make the big difference.

Lesson #1:
 
Learn to do things which make the difference in your life and business. Another sport I always admired is TRIATHLON where competitors have to develop skills in 3 disciplines — swimming, cycling and running, a combination which takes longer to master. Likewise if you want to be successful in NETWORK MARKETING, you have to be Triathlete and master the 3 disciplines— prospecting, team building, and leadership.

Here I would like to mention one of the greatest Olympic triathlon from Canada, Simon Whitfield. Whitfield competed in every Olympic triathlon since its games debut in 2000, where he stunned the world with his gold medal in Sydney Olympics.
At age 11, he started training himself to become triathlete and as of 2008, 1:48:24.02 stands as the fastest Olympic triathlon record. At age 37, Simon qualified for the 2012 London Olympics in Triathlon. If there is one thing Simon has proven over his athletic career, it’s that when you give your everything, anything can happen.

Lesson #2:

 
Raise your own bar to get better. Are you giving your everything to achieve the success you are looking for?

Network marketing is a unique opportunity, which can secure one’s financial future. The most amazing thing about network marketing is that it can be practiced by all. It does not discriminate between color, age, education or experience—this is why it is called “free enterprise”, a business of equal opportunity. Network marketing provides people with endless opportunities and possibilities.

Network marketing business model is simple and doable by anyone who is ready to change and willing to work hard to grow the business. It makes an ordinary person extraordinary. One can select one’s own business partners, and own time and place to do the business. The business provides you joy, adventure, and complete satisfaction.

To know more about Network marketing business, please subscribe to my weekly networking marketing blog and download the chapter on “Power of Giving” from my book ‘Map your Freedom’, also found at www.mapyourfreedom.com

AIG's Couture Insurance For Shoes and Designer Wardrobe Collections

You can now insure your expensive Louis Vuitton, Hermes, or Christian Louboutin thanks to AIG Private Client Group (a division of American International Group Inc. NYSE: AIG). The insurance company has introduced a more specialized insurance that is specifically designed for couture and designer wearable collections for its high net worth policyholders.

The new couture insurance product will give coverage not typically found in a homeowners policy and recognizes the high value placed on the fine craftsmanship of high-end designer fashions and wardrobe accessories.

It covers couture and ready-to-wear garments, shoes, handbags, and vintage and historic clothing. They will be individually itemized in the policy with the option to use blanket coverage for less expensive items. The insurance will cover damage caused by flood, mold, and moths, risks often excluded from a homeowners policy. Additionally, it covers custom, work-in-progress couture and shoes, as is reimbursement of expenses for clients who protect their couture by removing it from the home in advance of an impending threat.

Also, the insurance covers dry cleaning and wardrobe preparation expenses by a high-end garment care specialist following a covered loss. This is a common prerequisite for acceptance into a secure garment storage facility.

In developing this coverage, AIG worked with Garde Robe Online, LLC, a wardrobe storage and preservation service, to identify coverage features that would address real concerns for collectors.

New home sales In the US is Up by 5.7% in August 7-year high

Newly built homes being sold has posted the highest level since early 2008 in August, that's more than 7 years. This shows that the demand in housing is strengthening. New single-family homes sales were up by 5.7% to a seasonally adjusted annual rate of 552,000 according to the Commerce Department. The increase in sales is a result of steady job gains and low mortgage rates.  The real estate market hast been really hit hard by the Great Recession and recovered slowly even after the downturn ended in 2009. New-home sales have soared nearly 22% in the past year.

Strong sales in newly built home and construction could help the economy by generating construction jobs, demand for more building materials and more spending on landscaping and other services.

Home builders raised new-home prices aggressively last year, likely weighing on sales, which totaled just 414,000 in 2014. That was little changed from sales in 2013. But builders have reined in price increases this year, fueling more buyer traffic and purchases.

Federal Reserve Chair Janet Yellen said last week that she expects the housing market to keep improving as more people find jobs and younger Americans increasingly move out on their own.

You Are What You Think

I am sure you must have heard the cliché before that you are what you think, you are what you say, you are what you do, and finally you are what you attract and become. 

Let’s start a normal day--you get up in the morning with positive thoughts and say to yourself before you put your feet on the floor, “it’s going to be a wonderful day!” and your positive thoughts with affirmation will make your day wonderful. On the other hand, if you get up with negative thoughts, chances are that you will have a bad day. The big dilemma is how to think and remain positive. 

 

It is not easy to always think positively and do positive things when the news we hear or read and the people who surround us are negative—these factors continuously affect us. If you want to be positive, you have to work hard, very hard. In my opinion, your positive thoughts and actions are directly connected with people and environment. 
 
You do have control over people, for example your friends. If you see they affect you negatively, stay away from them. The challenge rather is to find new positive minded friends and they are not easy to find! These people look at life with enthusiasm and happiness, are grateful for what God has given them, they live in the present, they are fun loving and enjoy life, and to them hearing no is not a rejection, but next opportunity. It is your task to make efforts to find such people. Your environment includes your job, and the city you live in. It is difficult to change these two overnight. But if your job gives you negative vibes, it is time to move and look for a new job. 

In my case, my last job had both negative people as well as negative surroundings. I used to drag myself every morning to work, but I promised myself that I will find a way to get out of my depressing situation. Thank God, it took me almost 4 years to find my new life and my personal freedom through DXN Network Marketing system.

 

Now, I love both the people I work with and the highly positive environment I am immersed in. Before I had a corporate job involving the regular 40 hours per week, and the hours felt like never ending hours. Today, I work more than 50 hours per week and I still feel I should give more and that is what I call labor of love. The best part of my work is that I am not only working for myself, but for others too. I am trying my best to make a difference in the lives of others, seeing them come out of their health and financial issues, and above all, I enjoy the smile of pure happiness. It is a business where you help many get what they want, you automatically get what you want. It is a win-win formula.
 

After being involved in this wonderful network marketing industry for over a decade, I have found that if you are positive and work with positive people in a positive environment, you are bound to be happy and successful. Bottom line, life is what you make of it and it is purely in your hand—it is up to you how you choose your thoughts and plan your actions. If you want happiness in your life, you need to work on your thoughts. Only you and you alone can set these high standards for yourself. Be positive and create positivity around you!

Importance of Coaching and Mentoring

Importance of Coaching and Mentoring 

in Network Marketing

Having coached thousands of networkers globally, I firmly believe that without proper guidance in this wonderful business, it is difficult to succeed. Why? Unlike traditional business, which offers BBA and MBA program, in network marketing there are no degree programs or diplomas.

 

Trained as an aerospace engineer, I was clueless about building a network marketing business. I quickly realized that in order to succeed I had to educate myself. I was fortunate to come across Networking Times and started attending their live webinars in January 2004. I listened to top leaders like Tom Schreiter, Mark Yarnell, and Randy Gage. I was fortunate that Dr. Josephine and Chris Gross connected me to a few of these MLM gurus. Tom Schreiter, among several others, became my mentor as well as a good friend. 

It does not matter which profession you belong to, you must reflect on your practice. As a flying instructor, I regularly encouraged my students to find two areas in which they were doing well and two areas that still needed improvement. As a network marketing coach, I have noticed that this kind of reflection helps you become more committed to your goals. Consistent feedback and exchange with your mentor will grow faster than you can imagine.

Mentors are highly successful leaders who have enough knowledge and experience to guide and support others. A mentor is like a lighthouse—easy to spot. 

Salient features of mentors include: 

• Excellent teaching skills. 
• Positive and fun-loving attitude.  
• Honesty and trustworthiness.  
• Generosity and selflessness.  
• Straight-forwardness, open to talk about weaknesses and mistakes.  
• Strong role model and motivator.  
• Parent-like figure who wants mentees to surpass their success and is not envious of others’ achievements.

Employees have a boss they are accountable to for their daily and monthly tasks. In network marketing, no one has a boss to report to, which is one of the reasons why most people fail. Those who have mentors are most likely to thrive. Mentors make sure to show their mentee where they are making mistakes or why they are plateauing in their business. 

Network marketing revolves around leaders who work on duplication and multiplication. This can only be achieved if enough leaders are created in an organization. In order to create one leader, hard work is required, including proper coaching and mentoring.

Once you become successful, your job is to help others become successful. After achieving your dream life in network marketing, start giving to others who need your education and guidance. If more successful networkers teach and coach, our profession will be much stronger. Only through proper education and mentorship can we raise the flag of network marketing high.

Note: 
The above article was published in the Sep/Oct 2015 issue of Networking Times Magazine.  
Check it out :
http://www.networkingtimes.com/