You want to earn more money, get out of debt, eliminate work related stress, buy a new car or home and hopefully retire while you still have time to enjoy it? These are not unreasonable goals but you need to know the why and how to get there. Do you realize that only 1-2% of the American population are considered Financially Independent? The rest of the population works hard, is career minded but does not have the time to do those things they want to do, are living paycheck to paycheck and struggling with debt. Most people are concerned about job security and their financial future. And with the rising cost of living, you should be concerned.
Over 2 million jobs have been lost over the past 3 years to downsizing, outsourcing, and businesses folding. Most new jobs are paying an average of $7.00 to $16.00 per hour. This does not create financial security!
Are reading the article because you are looking for a new way to make more money and improve your lifestyle? You have heard the ads "make $10,000 this month," "We do all the work for you," or "This is so simple, anyone can do it." You hear the testimonials but nobody really tells you anything more than "leave your business card on the table," "send out flyer's," or "create your top 100." They really do not tell you how they generate their business, they do not work with you to help you generate your business.
In reading this article you will learn why 98% of the population never achieves financial independence and the lifestyle they desire in spite of a good education, good careers and professions, and many years of hard work.
Leading Financial Expert, Robert Kiyosaki says that the reason people struggle financially is that they learn how to work hard for money but never learned the three essential components to financial independence:
1) How to use Leverage
2) How to create residual income
3) How to make money and make money work for you
Most people exchange their time and talent for an income. They get paid on their own personal efforts alone. It does not matter if you work a $10 an hour job or you are a corporate executive earning $250,000 per year. If your time and effort is required for you to receive your income, then you are limited on the pay you can receive.
Consider this:
"If you work more to earn more, you have less free time"
Or,"You can work fewer hours, have more free time but less income"
"When you stop working, your income stops"
Everyone who works for someone else, from clerks to executives, all have the same thing in common:
They work on the clock! They watch the clock, they make decisions based on the clock. Their day is based on the clock, they stress over the clock, they go to bed and get up at the same time because of the clock.
They do this 5 - 6 days a week, 50 weeks a year, for 40 or more years. And then, 95% of them still cannot retire in comfort!
Would you like to learn how not to be a slave to the clock?
Successful people have one thing in common: LEVERAGE ~ the power to earn more and more while working less and less. Either by having people or money working for you.
Leverage is what enables businesses to grow and individuals to create wealth. Leverage allows people to earn a residual income whether they are working or not. Business owners and CEO's earn residual income from the productivity of all their employees.
Some Examples:
1) A doctor can see people 15 hours a day, 7-days a week and the most he can be paid is for 105 hours per week or 5260 hours a year with no vacation. He has no leverage.
2) An Insurance Broker who has trained 10 insurance agents, gets paid commissions on the production of each of his agents. If each agent works 8 hours a day, 5-days a week with 2-weeks for vacation, the brokers would get paid on 400 hours per week, 20,000 hours a year. The agents have no leverage and only get paid when they sell something. But the broker has Leverage.
3) If you own a company with 100 employees and each employee works 5 hours a day, you could get paid on 500 hours of work each day, 2500 hours a week, 125,000 hours a year, whether you work or not. You would earn a leverage because of the residual income from your 100 employees.
If you want to earn more money and have more free time, you need to own a business that generates leverage residual income for you. The real questions is how can you build a leverage residual income without it requiring a lot of time or excessive money or expertise?
If you look at a Fortune 500 Company, they actively practice on a Network Marketing Business Model. This is an active and robust model for introducing products or services into the marketplace while bypassing multiple layers of middlemen that adds to the cost of the product or service.
One of the first questions I hear from people about Network Marketing, "isn't this some sort of pyramid where all the money is made at the top?"
A Corporation is the best example of a pyramid because all the people at the top are making the money. The CEO always earns more than the President and other Top Executives. The Middle Manager always makes more money than those employees below them. In every corporation, it is the CEO who has all the leverage. Earning off of every employee and making the most money. Network Marketing is a business model that empowers everyone with the same kind of leverage as a Corporate CEO.
Imagine you are at work one day and the boss comes to you and says, "we have a new plan that we think will be good for the company and all the employees. We all have access to the Internet and online support systems, so you can now work from home. We want to teach our employees everything we know about the business so everyone can help each other to succeed. We are going to share the revenues with the employees who share us with good productive employees and the more your employees produce the more your earnings will be. And as a bonus for helping our company become more profitable, we will schedule you for retirement in 4-5 years and you will continue to earn a percentage of income from your network of employees for life."
How would you like to work for that company?
This is exactly how Network Marketing works except each person is a independent associate of the company instead of an employee. The company pays each associate a percentage on their production, bonuses to enroll new associates, commission on sales and the production, sales off of their marketing team. Because people can paid on team sales, the Associate who builds the largest productive team earns the most money. Each team member builds their own teams.
This means building a lifetime of security that a job cannot offer!!
If you want to become rich, you need to learn how to build a business network. Network Marketing allows you to build a million dollar business that can pay you hundreds of thousands of dollars a years in residual income year after year.
Another reason from building your own business are the tax advantages. In the US, we have two tax systems: 1) For Business Owners and 2) For the rest of the population. Owning a business qualifies you for valuable tax savings by turning spending into tax deductions. You are able to write off most or all of those business related expenses as rent, mileage and maintenance auto, health insurance premiums, entertainment, travel, office supplies, a portion of your home mortgage and other home expenses, home business space, computers, Internet service, business cards, your product and so much more.
In order to build financial independence you need to own your own business. Leverage yourself through people and pay less of your income in taxes. There are many financial experts that agree, Network Marketing is the answer. Network Marketing is the best answer to educate people about new products or services on the market today.
Robert Kiyosaki states, "that as the year 2010 approaches, more people will wake up to the realization that the industrial age is over, and the rules of the world have changed forever."
The network marketing industry offers a ready made business system to anyone wanting to take control of their financial future!
In Summary
If your income depends entirely on your time and effort, your current situation is not likely to change. To earn what you want and have free time, you need to create a leveraged residual income. The best way to create a leveraged residual income is through your own business. Network Marketing is a proven way to generate leveraged residual income. There are huge tax advantages to owning your own business.
Network marketing appears to be the best option today for starting a business part time from the comfort of your own home, without a lot of money, time, or experience. Network marketing is clearly the most powerful and professional way to create the income and the lifestyle that you want. If you continue to do what you've always done, you'll continue to get what you've always gotten.
