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What a RM 10 million business taught me about network marketing
"Before you go into business, must have stable income outside. So you don't need to touch the business money. Then only it can grow."
Met a hugely successful entrepreneur last week.
Started from zero. Had many businesses.
Failed some, but now got some success la.
His latest business - details P&C - but the numbers:
Invested RM500k at start. Turned over RM10 million last year.
B2B transactions. As far from network marketing as you can imagine.
But his approach taught me some important lessons.
Despite being hugely profitable, he actually hasn't taken a sen out.
His life is paid for by his other business that is already stable.
"This one got bigger potential long term," he said.
"Every sen stays inside to grow."
Then he dropped this:
"Before you go into business, must have stable income outside. So you don't need to touch the business money. Then only it can grow."
The moment he said that, my mind immediately went back to my old car wash.
The business was actually reaching breakeven.
It was starting to feed itself.
Problem was, I had nothing left to feed ME.
This millionaire understood what I learned too late:
Any business needs gestation period. Time where owner cannot touch the profits.
Let the money compound inside.
His formula works for any business:
Keep income source → Build business → Don't touch profits → Let it grow
Problem is that this formula is becoming increasingly hard to implement in traditional business.
Rent go up, salary go up, cost of goods go up - all these eat into profits.
Contrast with network marketing.
Same rules, but no RM27k monthly overhead. No staff salaries. No rental.
Reach profitability faster. But still cannot be your instant ATM.
If you're employee wanting to start business?
Keep your job. Build on the side.
Treat your boss as your biggest client on a retainer.
Wait until business READY to replace income.
The millionaire with RM10mil revenue?
Still hasn't quit his other business.
Still letting this one grow untouched.
That's real discipline. That's real wealth building.
I'm looking for 3 people who understand this.
Who understands the principles of building a business,
And wants to do it the smarter way.
Without bleeding overheads
Fill this form: https://forms.gle/bmQquTWDQAKqfS1c9
Let's build businesses that grow because we don't need them yet.
The best time to build wealth? When you don't desperately need it.
Always cheering you on
Kon
P.S. My car wash died at breakeven because I was too broke to let it live. His RM10mil business thrives because he's too smart to touch it. Same principle, different execution. Which position you want to be in?