Education Past Articles Home Business Leveraged Growth - The Power of Three
| Leveraged Growth - The Power of Three |
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Have you heard of the Six degrees of separation based on experiments conducted by Stanley Milgram (Harvard University researcher in experimental social psychology)? We are only six people away from everyone on earth through social networks. Various groups, like those founded by actor Kevin Bacon, have used this concept to do charitable work.
A similar concept is Pay It Forward. In Ryan Hyde’s book and movie it is described as an obligation to do three good deeds (power of three) for others in repayment of a good deed that one receives, and that such good deeds should be things that the person cannot accomplish on their own. In this way, the need to help each other can spread exponentially through society, creating a social movement with the hopes of making the world a better place. This same concept created all of the major religions on earth and can be used in a charitable sense to help people. Believers leveraged their time through multiplication principles – teaching others to teach the message. Their word spread fast through word-of-mouth marketing (exponential growth). If you are a strong enough believer in your passion, purpose or reason for building a business, you can do the same thing by helping, teaching and training the same concept. A conventional business grows by hiring additional people and taking a percentage of their “efforts.” The objective of a Personal Franchise owner is to create income from retail sales and helping other individuals build a business using a persoanl franchise. Over time creating a critical mass a lot of people taking a little bit of profit.. There are a typically a few ways to earn income - Direct Sales: Retail Sales
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