There is an undeniable shakeup in corporate America; downsizing
and layoffs, women hitting glass ceilings as promotions pass them by, large corporations
dumping their employee retirement plans, and the frightening "finished at forty"
syndrome.
If you are employed by a corporate company
the battle cry is loud and clear -- QUIT before you are let go.
But there's hope. The Internet is the
single most powerful force on the planet today. What took radio 38 years and television 15
years, the Internet has done in only 5, reaching 50 million users. Powerful force is an
understatement.
Stephen Covey, author of The Seven Habits
for Highly Effective People, said: "Network marketing has come of age. It's
undeniable that it has become a way to entrepreneurship and independence for millions of
people."
In the workplace, we consider "being
promoted" as earning more and working less. With the same mindset regarding the
Internet, if you want to earn more and work less, you're going to have to start creating
income streams that do not require your direct involvement: Immediate-Leveraged-Income.
Let's pause here to differentiate between
linear income and leveraged income.
Linear income is money you make through
direct sales, or by working a 40 hour week and being paid a salary. Doctors and lawyers
earn a higher linear income than say, a dressmaker or pizza chef. But it's a fact: we all
have a maximum of 24 hours a day which limits the amount of money even doctors and lawyers
can personally generate.
Linear income is trading your time for
money. Leveraged income is your money working for you. With the right business, by making
one sale you've set into motion a chain of events that adds to your income and a new
"pay line" has been generated. In the perfect scenario, this continues without
end.
For leveraged-income to work smoothly it
cannot consider a MLM type of program because of the attrition factor. These programs
necessarily require you to constantly backup and repair the "leaky-bucket"
syndrome. This cuts short a pay line, often permanently. Besides, small commissions result
in small "pay lines".
Search for companies that offer
leveraged-incomes and compensation plans that pay a minimum of $1000 per sale. If the
commission isn't jaw-dropping, why bother?
Would it be difficult to find one person a
month to join you in a program like this? Just one per month who might be interested in
learning about leveraged-income and enjoy more leisure time while controlling his/her own
paycheck?
Do you know what happens when you double a
penny every day for a month? At the 15 day mark, it's grown to $163.84. But by the 30th
day, it's mushroomed to OVER 5 MILLION dollars!
Business entrepreneurs see the big picture
and aim for financial security. Building assets from which their money will come in month
after month, year after year from work he is doing today. Think of the composer or
published author; their work is done once; they get paid forever because of that effort.
Business entrepreneurs like to call this
their "money-machines". And they understand that in order to build a
money-machine, an investment is necessary. There is just no such thing as businesses
without investments. Soon, those desirable 5-10 hour weeks become an urge that goes beyond
mere need.
© 2006 Esther Smith
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