Good investment strategies | VOIP

By ZigfredDiaz
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Word Count: 592

Several months ago my Dad asked me to attend a multi-level marketing seminar involving Voice Over Internet Protocol (V.O.I.P) products. He wanted to attend the seminar personally but he asked me to attend the seminar primarily for two reasons first he had another meeting to attend and secondly, he just did not understand what the product is all about. (This also goes for all other "hi-tech" products) 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.

He said that if you are an entrepreneur and you wanted to get rich a good business strategy is to find something that would be the trend of the future and start developing it. If you are an investor then one of your investment strategies is to invest in companies that does 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?

For those people who decided to invest during that time later one became millionaires and even billionaires. Those who left after several years didn't enjoy the wealth that the company brought.

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 ended his presentation by asking people to have the foresight and take the chance by jumping at the opportunity to join the multi-level marketing scheme involvoing the VOIP product. Without a doubt both the the product and sales pitch were good. But sad to say, experience tells me that any multi-level marketing (MLM) based business will only be good after a certain time. Most MLM based business switch to traditional marketing after the market becomes so saturated leaving those at the bottom of the with nobody to recruit. It would have been a different story of the speaker asked people to buy shares of stocks. Certainly, I would have bought some. Investing in companies who has the foresight to know the trend in the future is always part of good investment strategies. Before I forget, the company he was referring to was Microsoft and the skinny little geek wearing the blue shirt is of course, Bill Gates.

About the Author

Do you like to 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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