Investment strategies

About 3 months ago, my Dad asked me to attend a multi-level marketing seminar involving Voice Over Internet Protocol (V.O.I.P) products. He asked me to attend the seminar in his behalf because he had another meeting and because he did not understand what the product is all about. So I reluctantly attended the seminar.

The product was very good. The well dressed and eloquent american that gave the presentation sounded very convincing. But the most interesting part of the presentation he made was when he called for people to join the multi-level marketing company.

He said that if you are an entrepreneur and you wanted to get rich a good business strategy is to find something that would be the trend of the future and start developing it. If you are an investor then one of your investment strategies is to invest in companies that does this.

He continues that a company that applies this business strategy is Microsoft, currently worth more than $ 200 Billion dollars and one of the richest and one of the most successful company in the world. Without a doubt if Microsoft would come knocking at your door, you wouldn't hesitate to invest in them.

But let's just pretend for a moment that it is the year 1978. A group of casually dress, long haired, hippie looking geeks came knocking at your door asking you to invest in their company or even work for them. They said their product is something called "computer software" and that it would change the world in the years to come. That skinny little geek at the left side wearing a blue shirt at the bottom of the picture said you would regret it if you wouldn't invest in their company. Would you be convinced with their investment strategies? Would you have invested your time or your money?

Eventually after several years, those who stayed with the company became millionaires and some of them even became billionaires. Unfortunately, those who left after several years did not enjoy the financial blessings that the company earned.

People did not expect that those casually dressed, long haired, hippie looking geeks change the world years later and would be named as among the world's riches people. However those who had the foresight and the courage to invest with them eventually reaped the benefits.

The speaker ended his presentation by asking people to have the foresight and take the chance by jumping at the opportunity to join the multi-level marketing scheme involvoing the VOIP product. Without a doubt both the the product and sales pitch were good. But sad to say, experience tells me that any multi-level marketing (MLM) based business will only be good after a certain time. Most MLM based business switch to traditional marketing after the market becomes so saturated leaving those at the bottom of the with nobody to recruit. It would have been a different story of the speaker asked people to buy shares of stocks. Certainly, I would have bought some. Investing in companies who has the foresight to know the trend in the future is always part of good investment strategies. Before I forget, the company he was referring to was Microsoft and the skinny little geek wearing the blue shirt is of course, Bill Gates.

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Would you want to know more about investment strategies ? Visit the blog of Zigfred Diaz where he blogs about several interesting topics such as investments, financial management, business, making financial online and How to invest in the Philippine stock market

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