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Patience as a Virtue in Direct Selling and Multilevel Marketing

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Patience as a Virtue in Direct Selling and Multilevel Marketing In the fast-paced world of direct selling and multilevel marketing (MLM), where instant results and quick successes are often celebrated, the virtue of patience stands as a quiet yet powerful force. It is the anchor that keeps individuals grounded amidst the whirlwind of challenges and opportunities that define this industry. Patience is not just a virtue; it is a necessary ingredient for long-term success in direct selling and MLM.  In this blog, we will explore why patience is so crucial in this field, how it manifests in various aspects of the business, and how it can be cultivated to ensure sustained growth and success. The Nature of Direct Selling and MLM Direct selling and MLM are unique business models that rely heavily on personal relationships, trust, and consistent effort. Unlike traditional businesses, where a significant capital investment can lead to rapid scaling, direct selling requires building a networ...

Expanding Horizons: Mastering the Art of Big Picture Thinking in Direct Selling and Network Marketing in the Philippines

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   Mastering the Art of Big Picture Thinking in Direct Selling and Network Marketing in the Philippines (Photo Credit https://images.app.goo.gl/ehqQG9SunqK3WtZM7) In the bustling archipelago of the Philippines, direct selling and network marketing have emerged as powerful avenues for entrepreneurship and economic growth. As we navigate through the data from 2020 to 2024, a pattern of resilience and innovation becomes evident, painting a picture of an industry that is as vibrant as the country itself. The Landscape of Opportunity (2020-2021) Photo Credit https://images.app.goo.gl/PRa541g1qLPu3DfZ8 The year 2020 marked a challenging period for the global economy, yet the direct selling industry in the Philippines demonstrated remarkable agility. Amidst the pandemic, direct sellers pivoted to digital platforms , leveraging social media and e-commerce to maintain connections with their customers. This digital shift not only sustained the industry but also laid the groundwork for ...

How Covid19 Pandemic Affected Small Businesses

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A write up on external forces PESTEL (identifying opportunities and threats) that may have positive and negative impacts on new business entrants (MSMEs) amid the covid19 pandemic. Do you want to receive updates - FREE to your inbox? . Subscription Link Political Threat: The political factor determines to which a national or local government influences a certain industry. The government tax policies and sanctions affect the revenue-generating structure of any MSME. The ongoing forced community lockdowns,  whether it be enhanced, general and modified lockdowns places pressure on the finances of medium to small businesses.  Unlike with the bigger and established companies that can absorb losses over a long period of pandemic lockdowns, the overhead expense of medium to small business continues to pile up in spite of government bailouts. These bailouts are very limited and impossible to cover all the costs due to long sanctions imposed by the government. In the city of Baguio ,...