Chain Business है क्या? | क्या जवाब दें | Objection Handling
Summary
TLDRThe video focuses on the concept of network marketing, explaining how it functions in comparison to traditional business models. The speaker emphasizes the importance of building one's own network to grow a business and achieve success. They compare the simplicity of network marketing with the challenges of traditional business setups, highlighting the potential rewards and risks involved. The speaker also touches on the importance of confidence, hard work, and the mindset needed to succeed in this field, urging viewers to consider network marketing as a viable business option.
Takeaways
- 😀 Understanding 'Chain': The script starts by explaining the concept of 'chain' as a term, used in various contexts, and connects it to the idea of business networks.
- 😀 Business Setup: To build a successful network, one must set up their own business, which serves as the foundation for connecting with others in the industry.
- 😀 Reporting Structure: The hierarchy in businesses shows that even senior positions have people reporting to them, demonstrating a layered approach to management and communication.
- 😀 Network Marketing: A significant part of the conversation revolves around building a network for success, emphasizing that starting a traditional business can be tough without proper setup.
- 😀 Avoiding Traditional Business Risks: Traditional businesses involve heavy investments and risks like loans and pressure, which can be overwhelming for entrepreneurs.
- 😀 The Ease of Network Marketing: Network marketing is presented as a simpler way to build a business with less financial risk and effort compared to opening a factory or starting a traditional business.
- 😀 The Importance of Mentorship: The speaker highlights the need for mentorship, mentioning how senior professionals may not easily share their business secrets with newcomers.
- 😀 Overcoming Challenges: Despite the potential of network marketing, there are challenges such as competing in a saturated market and ensuring consistent effort and dedication.
- 😀 Marketing Experience Builds Confidence: The more you learn about marketing, the more your business confidence and experience will grow, which is crucial for success.
- 😀 Dreaming Big vs. Hard Work: The speaker warns against the illusion of easy success, stressing that hard work is essential, and success doesn’t come overnight even in network marketing.
Q & A
What does the speaker mean by 'chain' in the context of business?
-The speaker refers to 'chain' as the network of connections and processes that allow products to move from one level to another, from manufacturers to distributors to retailers, and eventually to consumers.
How does the speaker describe the flow of products in the business world?
-The speaker explains that products move through a chain, starting from manufacturers, going through national distributors, and eventually reaching retail customers. This flow is controlled by various intermediaries at different levels.
What is the significance of having a network in business, according to the speaker?
-A network is crucial because it allows one to connect with people at different levels of the business hierarchy. To succeed, one needs to build their own network, as this helps in spreading their business and making more connections.
What is the speaker's view on starting a business?
-The speaker suggests that starting a business is essential to create an independent network. They emphasize that creating a setup allows for growth and success, and that one needs to be willing to take the necessary steps to establish a business.
What does the speaker imply about the difficulties of running a traditional business?
-The speaker highlights that traditional businesses often come with significant challenges such as high initial investment and ongoing stress. Many business owners face health issues like high blood pressure and diabetes due to the pressures of managing such ventures.
What are the risks mentioned by the speaker regarding traditional businesses?
-The risks include high financial burdens, potential losses due to unforeseen events like lockdowns, and the difficulty in maintaining cash flow, especially for covering essential expenses like salesforce compensation.
What advice does the speaker give to those considering network marketing?
-The speaker encourages people to consider network marketing as it provides an opportunity to build a business with lower investment and without facing the intense pressures typical of traditional businesses. They suggest that by working hard, individuals can succeed in network marketing.
How does the speaker describe the mindset of traditional business owners versus those in network marketing?
-Traditional business owners are described as focused on managing physical operations, which can be stressful and capital-intensive. In contrast, network marketers have the opportunity to work with a larger network without the same level of financial burden.
What does the speaker mean when they say, 'you need to build your own network'?
-The speaker means that in order to succeed, individuals must create their own circle of connections, whether in business or in network marketing. Building this network involves developing relationships and fostering trust with others to expand the business.
How does the speaker distinguish between traditional businesses and network marketing?
-The speaker suggests that traditional businesses require heavy investments and come with high risks, while network marketing allows individuals to establish a business with lower initial investment and leverage existing networks to expand their reach.
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