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Why You Must Leverage the Talents and Time of Others
Category: MLM
Looking for ways to earn extra money from home? Or maybe you are looking for a way to create a full-time income from home? Spend just one hour on the Internet and you’ll be overwhelmed with ideas. Buy a carpet cleaning franchise. Buy a women’s fitness franchise. Become a real estate agent.
The one sticking point with these ideas is the fact that the income will rely completely on your ability to do the work. Need more money? You will have to do more work. Still need more money? You may find yourself working seven days a week. And if you need a vacation…get ready to do without any income for the time you take off.
According to Robert Kiyosaki, author of The Cashflow Quadrant, employees and self-employed people are not all that different. You may have chosen to become self-employed, as a means to reduce stress. The truth is, however, your income remains limited by the amount of time you can work.
On the right side of Kiyosaki’s cash flow quadrant are business owners and investors. These types of people have incomes that do not rely on the physical exchange of time for money. They have created systems that leverage other people’s time, talents and skills.
These systems make money for them, even if they are not physically at the business location. These systems, properly implemented, literally create money for the business owner/investor 24 hours a day, regardless of time and location limitations. This is often referred to as passive income.
A foundational concept for building wealth is that money must be harnessed to work FOR the owner. A traditional method for harnessing money for income is real estate investing. There is no doubt that real estate is lucrative; however, most investors will need access to large credit lines. They will also need to have substantial liquid cash reserves, for lending requirements and day to day operations.
What if you don’t have the cash and credit lines required for large scale real estate investing? You can create substantial passive income by building a network marketing home based business.
If you are already dreading the fact that you will have to sort through friends, family and hundreds of strangers, guess again. (I don’t care for that either!) My network marketing company is Success University. This is an Internet-based, global business opportunity. There are no products to buy or store and no hotel meetings to attend.
Success University is an opportunity that is available to the average person, regardless of their current financial statement. You can begin the process of replacing your income, for a monthly investment of about $50. No previous Internet marketing experience? No previous online business experience? Success University will be the training foundation of your new venture.
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