I had a negative thoughts toward network marketing, mlm business or direct marketing. This is why I dropped the offer to join the several network groups before, but that was in the past. Lately, I have understood the power of direct sales and I can very well understand the impact of the cost of delay.
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First let me share with you what Wikipedia says about Cost Of Delay.
Cost of Delay is the cost to bear as a result of delay in investment. Any delay in making an investment leads to a cost/loss. The accrued interest on the investment for the duration of the delay has a significant effect on the net returns. The cost grows with the period of the investment; longer the investment more is the cost.
In simpler words, Cost of Delay is the cost as a result of delay in investment. Now let me give you an example.
Let’s say Allan have joined the business at 10am in the morning. Brad later on decided to join at around 11am under Allan. And at the same time Chris joined as well at 11am under Allan. Now whatever Brad and Chris earns, Allan is going to benefit from those earnings.
Now this is where Cost of Delay occurs. If Brad decided to join first at 10am followed by Allan and Chris at 11am. Allan will no longer benefit from the earnings of Brad and Chris. Instead, it will now be Brad who will get benefited from Allan and Chris.
Another example to this situation was that of my girlfriend. I have joined network marketing company called My Video Talk in November without informing her. 2 weeks after I joined, I already got direct down lines or what we call business partners. And those business partners have also now people below them (that means they also got their money back). If only my girlfriend have join before as my direct down line, she could have profited now from the earnings of the people below me.
This is the reason why you need to join early to avoid cost of delay. You don’t want to waste that money that you could earn when joining early. Just like what they say “The early bird catches the worm”. If you want to be successful, you should do something immediately.
For any questions or more info, you can email me at allan@makemoneydubai.com or call me at 050 8431 777.
