Welcome to my new and improved personal blog. My name is Alwyn Sy, a law graduate, marathoner and volunteer business coach of Create Abundance International Business Community. My passion is running and I want to be financially free to be able to run around the world. Our mission in the community is to spread financial education to the Filipino people. It is also our dream to lay the foundation for First-World Philippines and Filipinos to be world-class entrepreneurs. Aside from helping out in our family's garments business, I am also an International Executive of Nu Skin Enterprises, a company specializing in health, beauty and anti-aging. Hope you enjoy reading some of the articles (business, running and anything under the sun).

Thursday, September 1, 2011

The Value Of A Network

Robert Metcalf is one of the people credited for creating the ether-net. He also more recently founded the 3 Com Corp., which produces the popular Palm Pilot. He is also credited for defining Metcalf's Law, which is:

A Network's Economic Value = No. of Users (squared)




Stating in simpler terms, if there exists one telephone, it really has no economic value. The moment there are two telephones, according to Metcalf's Law, the economic value of the phone network is now squared. The economic value of the network would go from 0 to 4.

Applying the principle in network marketing, just joining one does not entitle you to harness the power. In order for you to do so, your job is to clone and duplicate someone just like you. The moment there are two of you, your economic value is squared. The value of your network has just gone from 0 to 4.

And this is how to harness the power of Metcalf's Law. Happy Metcalf-ing! :)

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