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Article By: ZigfredDiaz
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Wise 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.
A very eloquent and well dressed american gave the presentation. He sounded very convincing. Without a doubt, the product was equally good as well. However, what interested me was the sales pitch he made when asked he people to join the company.
According to him, if you are an entrepreneur and you wanted to succeed in your business, a good business strategy is to find something that would be a big hit in the future. You then spend your resouces on it. For investors, one of your investment strategies is to invest in companies that does this exactly this.
He further makes his point by stating that the Microsoft, a $ 200 Billion dollars company which happens to be one of the richest and one of the most successful company in the world, is one of the companies that employs this business strategy. Surely you would invest in Microsoft if they would knock on your door and ask you to invest in their company.
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?
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 speaker closed by asking the audience if they are willing to take the chance to join in the multi-level marketing scheme of the new VOIP product. The sales pitch was good, and the product is good. But experience tells me that any multi-level marketing based business will only be good for a couple of years, after that the business has to switch to traditional since the market will be so saturated that you will have nobody to recruit. If the speaker was asking people to buy shares of stocks perhaps I might buy some. Investing in companies who has the foresight to know the trend in the future is always part of good investment strategies. Who knows? 20 years from now I might look back and say that I'm glad I invested. By the way the company he was talking about was Microsoft and the skinny little geek wearing the blue shirt was Bill Gates.
Article Source: ArticleZones.com
About the Author
Which you could know more about investment strategies ? Visit the blog of Zigfred Diaz where he writes about several interesting topics such as investments, money management, business, making money online and How to invest in the Philippine stock market
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