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.
His theory was that if you are entrepreneur and you want to be wealthy than your business strategy is to find something that would be the next hot thing in the future and spend your resources on it. If you are mainly an investor then consider investing in this company as one of your investment strategies.
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.
Let's say we have the ability to time travel and go back to the year 1978. Several casually dress, long haired, hippie looking geeks asked for a meeting with you. Their agenda was to ask you to invest in their company or even work for them. They said their product called "computer software," something unheard of during those days would eventually change the world in the near future. A skinny little geek insisted that you do invest with them because if you dont you would regret it. Do you think you would be convinced with their investment strategies? Are you sure you would have invested your time or your money?
Those who did decide to invest became millionaires and even billionaires later on. Some of those people left after several years and months while those who remained and stayed with the company for a long period of time became very rich.
For certain, nobody expected that those casually dressed, long haired, hippie looking geeks later on would be included in the list of the world's richest people aside from the fact that they shaped and changed the world that we currently live in. But one thing is certain those who invested in those casually dressed, long haired, hippie looking geeks certainly reaped the benefits.
The presentation ended with the speaker asking the audience to join the multi-level marketing scheme of the new VOIP product. No doubt, the sales pitch and the product was good. Unfortunately, experience tells me that any multi-level marketing (MLM) based business will only be good for a couple of years, after that most MLM business switch to traditional marketing because of market saturation. If they were asking people to buy shares of stocks, I might have heeded the call and purchased such. Investing in companies who has the foresight to know the trend in the future is always part of good investment strategies. Since VOIP is the next trend in the future it is certain that I will look back and say that I'm glad I invested. Oh before I forget, that skinny little geek wearing the blue shirt was Bill Gates and obviously the company that he was reffering to was Microsoft.
Article Source: http://www.search-raven.com
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Want to know more about investment strategies ? Visit the blog of Zigfred Diaz where he writes 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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by: ZigfredDiaz
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