Method of Distribution

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“The man who comes up with a means for doing or producing almost anything better, faster or more economically has his future and his fortune at his fingertips.” J. Paul Getty By Bryan Long - Author of Failing Successfully Method of Distribution

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The seven business professionals in this story have all created or used a method of distribution that has allowed them to achieve a level of financial success that most people “only wish” they could have. The difference between us and them is “the Method”. People say 'I want to be rich'. The question is, 'Are you willing to do what it takes?' The doing what it takes is “the Method”.

Transcript of Method of Distribution

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“The man who comes up with a means for doing or producing almost anything better, faster or more economically has his future and his fortune at his fingertips.” J. Paul Getty

By Bryan Long - Author of Failing Successfully

Method of Distribution

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Lead In“Financial freedom is available to those who learn about it and work for it.” Robert Kiyosaki

The seven business professionals in this story have all created or used a method of distribution that has allowed them to achieve a level of financial success that most people “only wish” they could have.

The difference between us and them is “the Method”. People say 'I want to be rich'. The question is, 'Are you willing to do what it takes?' The doing what it takes is “the Method”.

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One. They took the risks and took the blame for their failures. “In the world of money and investing, you must learn to control your emotions”. Robert Kiyosaki

Two. They had a mentor or mentors. “Confidence comes from discipline and training”. Robert Kiyosaki

Three. They persisted until they succeeded. “The size of your success is measured by the strength of your desire; the size of your dream; and how you handle disappointment along the way”. Robert Kiyosaki

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M.O.D. is dedicated to those who have decided to climb out of the well.

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#1. Henry Ford

One of America's foremost industrialists, Henry Ford revolutionized assembly-line modes of production for the automobile. The automobile market began to demand change and choices and soon the Model T that had been so popular was put aside by Ford's Model A. Henry Ford created the Ford Model T car in 1908 and went on to develop the assembly line mode of production, which revolutionized the industry. As a result, Ford sold millions of cars and became a world-famous company head. The company lost its market dominance but had a lasting impact on other technological development and U.S. infrastructure.

“If money is your hope for independence you will never have it.

The only real security that a man will have in this world is a reserve of knowledge, experience, and ability.” Henry Ford

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When Ford was 13 years old, his father gifted him a pocket watch, which the young boy promptly took apart and reassembled. Friends and neighbors were impressed, and requested that he fix their timepieces too.

Unsatisfied with farm work, Ford left home the following year, at the age of 16, to take an apprenticeship as a machinist in Detroit. In the years that followed, he would learn to skillfully operate and service steam engines, and would also study bookkeeping.

In 1888, Ford married Clara Ala Bryant and briefly returned to farming to support his wife and son, Edsel. But three years later, he was hired as an engineer for the Edison Illuminating Company. In 1893, his natural talents earned him a promotion to chief engineer.

“If everyone is moving forward together, then success takes care of itself.” Henry Ford

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All the while, Ford developed his plans for a horseless carriage, and in 1896, he constructed his first model, the Ford Quadri-cycle. Within the same year, he attended a meeting with Edison executives and found himself presenting his automobile plans to Thomas Edison. The lighting genius encouraged Ford to build a second, better model.

After a few trials building cars and companies, in 1903, Henry Ford established the Ford Motor Company. Ford introduced the Model T in October of 1908, and for several years, the company posted 100 percent gains.

However, more than for his profits, Ford became renowned for his revolutionary vision: the manufacture of an inexpensive automobile made by skilled workers who earn steady wages.

“You can't build a reputation on what you are going to do.”Henry Ford

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#2. Warren Buffett

Warren Buffett said, “It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.”

Businessman and investor Warren Buffett was investing by age 11, Buffett was running a small business at 13. Buffett later started the firm Buffett Partnership in Omaha, with huge success.

Buffett demonstrated a knack for financial and business matters early on in his childhood. Friends and acquaintances have said the young boy was a mathematical prodigy, and was able to add large columns of numbers in his head-a talent he still occasionally shows off to friends and business associates.

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Warren often visited his father's stockbrokerage shop as a child, and chalked in the stock prices on the blackboard in the office. At 11 years old he made his first investment; he bought three shares of Cities Service Preferred at $38 per share.

The stock quickly dropped to only $27, but Buffett held on tenaciously until they reached $40. He sold his shares at a small profit, but regretted the decision when Cities Service shot up to nearly $200 a share. He later cited this experience as an early lesson in patience in investing.

By the age of 13, Buffett was running his own businesses as a paperboy and selling his own horseracing tip sheet. That same year, he filed his first tax return, claiming his bike as a $35 tax deduction.

“Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.” Warren Buffett

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“Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.”Warren Buffett

During his high school tenure, he and a friend purchased a used pinball machine for $25. They installed it in a Washington, D.C. barbershop and, within a few months, the profits of the machine allowed Buffett and his friend to buy other machines. Buffett owned three machines in three different locations before he sold the business to a War Veteran for $1,200.

His investment successes, particularly in buying undervalued companies whose stocks shortly began to rise, made him extremely rich and gained him the sobriquet, "Oracle of Omaha." Other notable career successes include helping rescue Salomon Brothers from corporate raiders (1987) and taking charge of the New York City house (1992) in the wake of an insider trading scandal.

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The majority of Buffett's considerable fortune was amassed through Berkshire Hathaway, a company for which he is the largest shareholder and CEO. Once ranked as Forbes' wealthiest man in 2008, his net worth was estimated at roughly $44 billion in 2012.

His investment successes, particularly in buying undervalued companies whose stocks shortly began to rise, made him extremely rich and gained him the sobriquet, "Oracle of Omaha."

Other notable career successes include helping rescue Salomon Brothers from corporate raiders (1987) and taking charge of the New York City house (1992) in the wake of an insider trading scandal.

“Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.” Warren Buffett

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In February 2013, Buffett purchased HJ Heinz with private equity group 3G Capital for $28 billion. 3G, a U.S.-Brazilian company, also owns Burger King and a portion of Anheuser-Busch InBev.

According to TIME magazine, Buffett has praised Heinz for making "great-tasting products" and for good management over the past several years.

“If a business does well, the stock eventually follows.” Warren Buffett

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Oprah’s career in radio and television broadcasting began in Nashville after attending Tennessee State University. In 1976, Oprah Winfrey moved to Baltimore, Maryland, where she hosted the TV chat show People Are Talking.

The show became a hit and Winfrey stayed with it for eight years, after which she was recruited by a Chicago TV station to host her own morning show, A.M. Chicago.

#3. Oprah Winfrey

“The whole point of being alive is to evolve into the complete person you were intended to be.” Oprah Winfrey

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Within several months, Winfrey's open, warm-hearted personal style had won her 100,000 more viewers than Donahue and had taken her show from last place to first in the ratings. Her success led to nationwide fame and a role in Steven Spielberg's 1985 film The Color Purple, for which she was nominated for an Academy Award for Best Supporting Actress.

Winfrey launched the Oprah Winfrey Show in 1986 as a nationally syndicated program. With its placement on 120 channels and an audience of 10 million people, the show grossed $125 million by the end of its first year, of which Winfrey received $30 million. She soon gained ownership of the program from ABC, drawing it under the control of her new production company, Harpo Productions ('Oprah' spelled backwards) and making more and more money from syndication.

“Real integrity is doing the right thing, knowing that nobody's going to know whether you did it or not.”Oprah Winfrey

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Winfrey, who became almost as well-known for her weight loss efforts as for her talk show, lost an estimated 90 pounds (dropping to her ideal weight of around 150 pounds) and competed in the Marine Corps Marathon in Washington, D.C., in 1995. In the wake of her highly publicized success, Winfrey's personal chef, Rosie Daley, and trainer, Bob Greene, both published best-selling books.

The media giant contributed immensely to the publishing world by launching her "Oprah's Book Club," as part of her talk show. The program propelled many unknown authors to the top of the bestseller lists and gave pleasure reading a new kind of popular prominence.

“What God intended for you goes far beyond anything you can imagine.”Oprah Winfrey

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With the debut in 1999 of Oxygen Media, a company she co-founded that is dedicated to producing cable and Internet programming for women, Winfrey ensured her place in the forefront of the media industry and as one of the most powerful and wealthy people in show business. In 2002, she concluded a deal with the network to air a prime-time complement to her syndicated talk show. Her highly successful monthly, O: The Oprah Magazine debuted in 2000, and in 2004, she signed a new contract to continue The Oprah Winfrey Show through the 2010-11 season.

After The Oprah Winfrey Show ended on September 9, 2011, Oprah has remained in the rapidly shifting and converging media field through The Oprah Winfrey Network (OWN), which launched on January 1, 2011.

“Turn your wounds into wisdom.” Oprah Winfrey

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“If you work just for money, you'll never make it, but if you love what you're doing and you always put the customer first, success will be yours.” Ray Kroc

#4. Ray KrocRay Kroc is Famous for making the fast food franchise McDonalds one of the largest and most popular chain of fast food restaurants in the United States and around the world, nicknamed the Hamburger King. Kroc also owned the Major League baseball team the San Diego Padres.

At the age of four, Kroc's father took him to phrenologist, a person who determines fate based on the shape of someone's skull. The Phrenologist told young Ray Kroc that he would someday work in food service.

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“The two most important requirements for major success are: first, being in the right place at the right time, and second, doing something about it.” Ray Kroc

During the late 1950s, Kroc tried his hand at selling paper cups and even worked as a pianist for a short period of time before settling into a position as a milkshake machine salesman. He traveled around the country and sold milkshake machines to various different cafes and restaurants, all the while observing the layout and management of the industry.

Kroc was convinced that many restaurants suffered from poor management and were not living up to their potential. It was during this time that he ran across a small hamburger restaurant in San Bernardino, California named McDonald's.

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“If you're not a risk taker, you should get the hell out of business.” Ray Kroc

The restaurant, owned by the McDonald brothers, Richard and Maurice, ran eight of the same milkshake machines sold by the fifty-two year old Kroc. Since each machine could spin five milkshakes at once, Kroc was intrigued by the idea of a restaurant that needed the ability to make forty milkshakes at a time. He traveled to California and, upon seeing the orderly, efficient restaurant that served a huge community, Ray Kroc was convinced he could sell the machines to every McDonald store that opened.

In order to capitalize on the venture, Kroc approached the brothers with a business plan and they eventually settled on a deal. As a result of the partnership, however, Kroc would receive only 1.4% of the franchisees' profit, giving 0.5% to the brothers. It didn't take very long for Kroc to realize that his profit would be minimal. So, in order to gain access to more of his investment, Ray Kroc convinced the brothers to sell him the rights to the McDonald's name.

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“All money means to me is a pride in accomplishment.”Ray Kroc

Kroc envisioned a restaurant that ran like a factory and produced hot food, fast service, and with consistent quality no matter where he opened a restaurant. He saw food preparation as a process and broke it down into steps that could be duplicated in any of his restaurants.

This way he could keep the product the same no matter where the McDonald's was located. Low franchise fees made it easy to open new stores but cut into any potential profits for Kroc.

As a result, Kroc decided to purchase the land on which McDonald's would open and ultimately serve as a landlord. He set up the Franchise Realty Corporation in 1956 and was able to purchase tracts of land in order to help him produce a profit for his company. By 1960 there were over 200 McDonald's around the United States.

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#5. Andrew CarnegieIndustrialist and philanthropist Andrew Carnegie was born on November 25, 1835, in Dunfermline, Fife, Scotland. Although he had little formal education, Carnegie grew up in a family that believed in the importance of books and learning. The son of a handloom weaver, Carnegie grew up to become one of the wealthiest businessmen in America.

At the age of 13, in 1848, Carnegie came to the United States with his family. They settled in Allegheny, Pennsylvania, and Carnegie went to work in a factory, earning $1.20 a week. The next year he found a job as a telegraph messenger. Hoping to advance his career, he moved up to a telegraph operator position in 1851.

“People who are unable to motivate themselves must be content with mediocrity, no matter how impressive their other talents.” Andrew Carnegie

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He then took a job at the Pennsylvania Railroad in 1853. He worked as the assistant and telegrapher to Thomas Scott, one of the railroad's top officials. Through this experience, he learned about the railroad industry and about business in general. Three years later, Carnegie was promoted to superintendent.

While working for the railroad, Carnegie began making investments. He made many wise choices and found that his investments, especially those in oil, brought in substantial returns. He left the railroad in 1865 to focus on his other business interests, including the Keystone Bridge Company.

By the next decade, most of Carnegie's time was dedicated to the steel industry.

“As I grow older, I pay less attention to what men say. I just watch what they do.” Andrew Carnegie

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His business, which became known as the Carnegie Steel Company, revolutionized steel production in the United States. Carnegie built plants around the country, using technology and methods that made manufacturing steel easier, faster and more productive. For every step of the process, he owned exactly what he needed: the raw materials, ships and railroads for transporting the goods, and even coal fields to fuel the steel furnaces.

This start-to-finish strategy helped Carnegie become the dominant force in the industry and an exceedingly wealthy man. It also made him known as one of America's "builders," as his business helped to fuel the economy and shape the nation into what it is today. By 1889, Carnegie Steel Corporation was the largest of its kind in the world.

“The men who have succeeded are men who have chosen one line and stuck to it.” Andrew Carnegie

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#6. John D. RockefellerJohn D. Rockefeller was an American industrialist who rose from humble beginnings. He founded the Standard Oil Company, a dominating force in the American economy that propelled its founder to become the world's richest man.Born in Richford, New York on July 8, 1839, Rockefeller moved with his family to Cleveland at the age of 16.

Unafraid of hard work, he took on a number of small business ventures as a teenager and at age 16, he landed his first real office job as an assistant bookkeeper with Hewlett & Tuttle, commission merchants and produce shippers.

“Good leadership consists of showing average people how to do the work of superior people.” John D. Rockefeller

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20, Rockefeller, who'd thrived at his job, ventured out his own with another business partner, working as commission merchants in hay, meats, grain and other goods. At the close of the company's first year in business, it had grossed $450,000.

A careful and studious businessman who refrained from taking unnecessary risks, Rockefeller sensed an opportunity in the oil business by the early 1860s, and in 1863 he opened his first refinery, just outside Cleveland.

Less than a decade later, Rockefeller, founder of the Standard Oil Company, had near-total control of the region's refineries.

“I would rather earn 1% off 100 people's efforts than 100% of my own efforts.” John D. Rockefeller

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When the oil business moved east to Pennsylvania, Rockefeller followed it. By the early 1880s, he dominated the oil business throughout the country and his company had a net worth of $55 million. Standard's dominance stemmed from its near control (and ownership) of almost every aspect the business. Under Rockefeller's leadership, the company established a system of pipelines to transport its product. It owned train cars, and scooped up thousands of acres of forest for fuel.

In 1882, Rockefeller organized the Standard Oil Trust, a business trust that would serve as a model for the creation of other kinds of monopolies. Rockefeller, of course, was appointed head of the organization.

“If you want to succeed you should strike out on new paths, rather than travel the worn paths of accepted success.” John D. Rockefeller

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But as Rockefeller's power and wealth increased, his standing with the public nose-dived. By the early 1800s states began to enact antimonopoly legislation, paving the way for the 1890 passage of the Sherman Antitrust Act.

In 1895 the 56-year-old Rockefeller retired from his day-to-day involvement of Standard Oil and turned his focus toward philanthropic endeavors.

His new direction did little to quell the attacks on Rockefeller and his business.

“Giving should be entered into in just the same way as investing. Giving is investing.” John D. Rockefeller

“If your only goal is to become rich, you will never achieve it.”John D. Rockefeller

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#7. King SolomonKing Solomon of the rule of Israel from 970 to 931 BC may be remembered as the wisest man, but wisdom wasn’t his only wealth!

In short Solomon knew everything about all trades of commerce that there was to know. He was equivalent to the modern day stock market.

King Solomon was not a millionaire, a multi-millionaire, a billionaire or a multi-billionaire, In todays economy he would be the first trillionaire recorded in history.

“What a man believes about himself, so is he.” Proverbs

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Solomon had personal interests in Gold (His gold reserves alone would be worth nearly a trillion dollars in today’s dollars), Silver, Other Precious Metals, Precious Gems, Minerals, Camel Caravans (the only means of distribution), Sheep, Oxen, Real Estate, Military, Banking, Advertising (word of mouth), Job Creation, Business Partnerships, Bookkeeping, Accounting, Engineering, Construction, Agriculture, Trading, Taxation.

Solomon received twenty-five tons of gold per year @ $1,500 per troy ounce which would be $24,000 per pound is roughly $1,200,000,000 per year in just Gold. Plus his fathers (King David) inheritance and much more!

“A good name is rather to be chosen than riches.” King Solomon

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In ClosingAll of the business professionals in this book created or used a method of Distribution whether it was radio, TV, Newspaper, the Internet or Word of Mouth Advertising through other people for their product or service.

Their individual method of distribution combined with their product or service is how they created their wealth.

Henry Ford M.O.D. came through the creation of the moving assembly line that made the mass production of the model T possible, and ran ads in the newspaper and by word of mouth advertising through individuals to promote his product which employed people.

“The man who comes up with a means for doing or producing almost anything better, faster or more economically has his future and his fortune at his fingertips.”

J. Paul Getty

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Warren Buffett’s M.O.D. focused on the stock market and people contacts to find companies to purchase or invest in to grow their value and employ people.

Oprah Winfrey’s M.O.D. specialized in relationship building and interviews on her talk show that were broadcast through TV and Internet, which employed people.

Ray Kroc’s M.O.D. was Real Estate that just happened to sell burgers and shakes under the name of McDonalds, which millions of people have seen advertised in every media there is, which employed people.

Andrew Carnegie’s M.O.D. was buying railroads, train cars and companies that made the products he sold to the end user. The products we bought were the distribution network, which employed people.

"Happy is the man who finds wisdom, and the man who gains understanding; for her proceeds are better than the profits of silver, and her gain than FINE GOLD." (Proverbs 3:13-14)

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John D. Rockefeller M.O.D. was buying Real Estate that held oil reserves and like Andrew Carnegie bought railroads and train cars to distribute his product, which employed people.

The Two Questions

What M.O.D. did each business professional create or use?Mostly word of mouth advertising and the strongest media’s of their time.

What was the key to that individuals system of success?They persisted until they succeeded, which allowed them to employ people and serve the wants and needs of many.

King Solomon’s M.O.D. was on a scale yet seen in modern days. He owned, earned and taxed every trade, where his income came primarily from gold. His business entities distributed products and services through word of mouth advertising, which employed people.

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The Main Point

The Products or Services that these business professionals created, and their Method of Distribution benefited many people in either personal value of use or employment. These benefits are the purpose of any enterprise!

It’s not about the money, it’s about the people you serve.

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What is the eCoe Method of Distribution?

The business model aspect involves three lucrative cash development systems.

You can buy into the Energy System Co-Ownership Shares and earn annual company profits.

Start a career in the Direct Sales of the energy systems and earn commissions.

Build a Referral Team for the partnership product lines that can pay you every month over the long-term.

The distribution aspect involves primarily word of mouth advertising to individuals with the marketing power of the internet for support.

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Method of Distribution

Copyrighted October 2014Bryan K. Long/The Bryan K. Long Company/Co-Ownership

Author of Failing Successfully

Thanks and ContributionsRobert Kiyosaki Henry Ford Warren Buffett Oprah WinfreyRay Kroc Andrew Carnegie John D. Rockefeller Proverbs – King SolomonJ. Paul Getty