Looking into Network Marketing, or a Secondary Source of Income?
How to select a Network Marketing Company:
Find a company that has already done a Billion Dollars. Find a company that has established earnings and growth. At a minimum you want to see at least $50million in revenues. Timing is not everything in Direct Selling as some might have you believe. If you believe in a product, the management, and the compensation plan, you want to make sure that company will be around for a lifetime. So if someone wants to get you in “now,” before you completely understand all of the basics, it’s probably not a great deal. You create your own success with these companies! Review the financials, just like you would do for a Real Estate Purchase, or when buying a Franchise. Does the company make money. Does the company have debt. Is the company Public? If it is not Public, will they show you their financials. Email or fly to the Company Headquarters and ask to meet the leaders of the Company. Research the Leaders. Check the companies History with the State Attorney General or Federal Trade Commission. There are over 1000 well-established direct selling companies, but less than 200 have applied, and been approved with the Direct Selling Association. Look up the Direct Selling Association.
Don’t quite your day job!
No matter how excited you become with a Direct Selling Company, do not leave your day job. For the first few years, Direct Selling should be a secondary stream of income. If you are consistent, motivated, and eventually build depth in your Direct Selling business, you may some day consider leaving your current job.
The state and federal governments take over 40percent of your earned income…or roughly five months of your time away from your family. If you work 40 hours per week, for 40 years, you will trade over 80,000 hours for a paycheck. Wait…add in the five to ten hours per week you are in your car coming, going, and doing things around work. That’s twenty hours minimum per month in your car, or 240 hours per year in your car, away from doing other things you enjoy!
I know people who have less than 3 hours per night with their kids, or roughly 15 hours during the week. That adds up to 60 hours per month, Monday through Friday with the family. Now, add in how tired these people are. Add in Sunday afternoon when they emotionally prepare for another work week. They literally get Friday Night, and all day Saturday where they are completely available to their families…and part of Sunday.
I am not saying that a job is bad. I am saying that everyone needs to see the job as a function of where they want to go. Your job is not who you are! Your job is not your life sentence!
Realize that the paycheck from your regular job should be a vehicle to invest, save, and create more assets. Most people save less than four weeks of pay per year. Most people have a nice home with a mortgage (liability), and a nice car with a car payment (liability).
When assets start to produce other assets, you will be in a much better position to leave your current job. You want your money to start working for you. You do not want to always be working for your money. If you can wrap your brain around that, you will create more time in life to live, and do only the things you are most passionate about.
For me, I simply want to raise my daughters full time! That is enough motivation to create a solid source of secondary income.
Paul Zane Pilzer:
Paul Zane Pilzer is a top economist who has consulted with two presidential administrations. He was one of the first economists to cite the change from Industrialized economic theory, to Knowledge Aged economics where in the financial world human beings today have unlimited resources and potential. If you look at how our manufacturing base is moving to foreign countries, and the term “job” has changed, Mr. Pilzer spotted this more than twenty years ago.
“Over the next 10 years, the U.S. Economy will create 10 million NEW millionaires…Two of the strongest emerging industries where this growth will occur are Wellness, and Network Marketing.” -Pual Zane Pilzer.
Make More Money:
With just a little more discipline, we can create small or large streams of income outside of our current job, or investment strategy.
Is there any reason that you can not grow your income by $100 to $1000 per month right now?
Let’s say you grew your income by $500 per month with a secondary stream of income. Let’s also say that you saved 100percent of that income. Let’s say you received 10percent conservatively on that $500 per month.
In 20 years you would have $379,685.
We live in a world literally of unlimited wealth. There is no ceiling to what you can, and should achieve. It’s not always easy, but it is more doable now than ever with the internet.
Donald Trump is not rich because of Real Estate!
Donald Trump is rich because he uses Real Estate to create assets that produce other assets. It’s a vehicle or tool he uses to execute on his ideas.
As long as you base your expectations on what you know or have achieved up to this point, you actually have no idea what you can really do in the future. All you know is enough to be who you are, and where you are. Think about that. Are you proud of your business card, job title, and mortgage?
Are you comfortable?
Sit down now, and write out a budget for the next year. Now eliminate your current income from this budget. What happens?
Most people don’t let their brains go to the place where Donald Trump is, convincing themselves that they “can’t do that,” or they tell themselves that they “are not lucky enough.” They will say that they “do not know how,” yet they will not pick up a book, or seek out the advice of people who do, and have.
The key is not to be like Donald Trump, or let’s say a Robert Kiyosaki. The key is to start thinking like them. The key is to have income streams that produce other assets. Your job is your first line of defense…or offense if you will.
Let’s say you don’t think your boss will give you a $10,000 per year pay raise.
What if you were to change the way you viewed your time, and were able to earn $300 per month using a network marketing company or other small business?
Now, if you are disciplined, and believe in the network marketing product, that $300 per month would eventually grow to $1000 per month without putting in any more time than when you started. You can do something similar with Ebay, but the minute you stop selling, running to the post office, packaging your own boxes…the income will stop.
Networking but not Selling:
In my network marketing company we do not sell. So many people are confused by this, so much so that they dismiss it as not being real. Wrap some genius around this my friends:
We only “Invite, Taste, Share a product and opportunity.” I send out free product from my home office to friends, and potential team members through a computerized home office. I point, click, and send. I do the same from my phone. This is a paperless business. In fact, the only inventory I keep at my home is what I use each month. I love the products! My kids love them too!
With my team, once you get to $1000 per month, your team will help you get to $3000 per month! The company, and team will not let you down. It’s no get rich quick scheme. If you are not patient…don’t message me! It does take good habits, desire, and integrity. The people above you will help you to out perform, and out earn them! So if you do not fire yourself…eventually you can create a nice secondary source of residual or steady income without trading any more time!
If you go hardcore with our company, in about one year you can easily double your current income. Still…don’t quit your job! Just make the choice, and don’t ever look back!
I would like $5000 per year EXTRA:
To earn $5000 per year in residual income…you would have to save around $500,000 in a saving account. If you cut coupons, and count your pennies, it will take you a lifetime to earn $5000 per year extra.
The very first person I signed to our company earned $1200 in her first week of payment! This person will earn over $120,000 in her first year on a conservative side and will trade no more hours for this! Eventually she will work less for this same capacity of income growth.
The truth is that most people have no idea how to conceptualize $3000 or more per week in earned income for about ten hours of work. That is the trick. You have to accept that it is very attainable, and then never look back! Sounds simple? It’s not. It is all about you though!!!
Get a 10percent raise:
The average wage earner in America takes home $17.67 per hour or $36,000 per year. $3000 per month. A 10percent raise would be $300 per month.
Your boss does not give you a raise.
So you search for a secondary source of income.
$300 per month in a tax deferred retirement account starting at the age of 35 will get you $678,147 when you are 65.
Let’s say that you could only earn $300 per month with my network marketing company…why not do this???
Now, let’s say you joined my company, and earned $30,000 your first year, but only put away $300 per month as described above. You would have $26,400 to invest in pre-tax things like a self funded 401K, stocks, or other business related expenses…before the government could tax you. In 30 years of funding a 401 K with your own business, you would have millions put away!
With network Marketing that would be millions with weekly income still coming in. The money does not stop, when you stop…if you create assets that build other assets. Your money stops when you trade time for money.
Wrap your brain around this all. Why not you?
Sincerely,
Peter D. Bouloukos integritybooking@yahoo.com to learn more about my experience or to join my team!