December 12, 2005
FREEDOM LIFESTYLE eZINE
Answer this simple quiz to find out if you have what
it takes to retire wealthy and be financially-free…
1. Would you be willing to work a few hours a week
on a proven system to bring you recurring streams of residual income?
2. Do you enjoy working once and making money
over and over again?
3. Are you a leader that says "I can do it" instead of wishing things would get better?
4. Do you have an open mind to listen to new
opportunities before you reject them?
If you can honestly say "yes" to these 4 questions I think you'll find this email extremely important to your future.
There are only 2 things required to achieve financial-freedom.
The right attitude… and the right opportunity.
Can I share with you the most startling moneymaking discovery I've ever found?
SECRETS OF THE WEALTHY
I've spent a lot of time looking at what the wealthy do to accumulate their wealth and have discovered several characteristics that seem to be common to almost everyone who has amassed great wealth.
- Residual Income
Residual income is income that you continue to receive month after month, year after year, after you have stopped making effort. You get paid over and over again for working only once. It's like a royalty; you write a book or record a song and get paid forever on it.
Why is residual income important?
Quite simply, residual income is what helps most rich people get rich. You can earn many more times as much money by being paid over and over again than you can make by only being paid once.
- Leveraged Income
Leveraged Income is earning money through other people's efforts. There are only 24 hours in a day. Hence, there's only so much you can earn through your own efforts. A smart business is one that allows you to "leverage" your earnings through what other people
are doing in a win/win way.
There has never been anything that even comes close to
network marketing when it comes to creating leveraged income and providing a realistic chance for a six figure income.
Consider two simple examples:
Example #1 - One year's worth of your labor is equal to
about 2000 hours (50 weeks X 40 hours a week).
If you had a small network of 200 associates working for you while they worked to develop their own organizations, and they each worked an average of only 5 hours a week, that is equivalent to 25 years of full- time work. TWENTY-FIVE YEARS!
Simple yet extraordinary power is shown in our first
example. The power comes from a business principle known as "Leverage".
This particular form of leverage is called (OPE), which
stands for "Other People's Efforts". There are several
other similar principles that provide the same exceptional power.
Let's look at just one more…..
Example #2 - Let's look at (OPM), commonly known as "Other People's Money". Let's use the same 200 associates and assume they spend an average of only $50 a month for advertising.
This would generate $120,000 in advertising each year to build your business.
There are numerous other examples of leverage that
collectively can produce an immense amount of income generating power. Hopefully these two examples have been adequate to demonstrate the possibilities.
Obviously, what a person earns depends on the individual. But, common sense tells you that a network marketing company which devotes itself to capturing the full power of all these available sources of leverage is a company that gives you an exceptional advantage in earning either $100,000 income, or in achieving more modest income goals.
- Utilizes all legal and ethical tax reduction strategies
America's #1 Tax Strategy is to own your own business and then convert your personal expenditures into allowable deductions. It's really quite simple… turn yourself into a business owner and cut your taxes.
- Multiple Income Streams
Unlike the average person who works all their life at one job with a single stream of income from that job, the wealthy person DOES NOT put all their eggs in one basket. They have created for themselves multiple income streams from various sources.
Some people might say, "Hey Vic, I've already got multiple income streams. Besides my regular day J.O.B., I've also got a part-time job in the evening and my spouse also has an excellent job. Together
we have at least 3 streams of income."
That's not the kind of multiple income streams I'm talking about. Working multiple jobs like that is not freedom.
Families used to be able to survive on one income in the 50's and 60's. Then in the 70's and 80's it became necessary for there to be 2 income earners per family just to make ends meet. Then, in the 90's with the stability of those 2 incomes in question, with corporate downsizing, re-engineering, or whatever you want to call it, people have discovered they need something more.
I'm talking multiple income streams that will free you to do the kinds of things you want to do… not just make ends meet like so many are doing today.
Any of the income streams I'll introduce you to could take you to financial-freedom, but, when you are doing several of them simultaneously, you can accelerate your prosperity curve dramatically.
What's more, the various streams of income I am suggesting are not competing with one another, rather they compliment one another. In other words, one opportunity may provide you the motivational and training materials you need to succeed, while
another provides you a steady flow of interested people to look at your business and join you in your enterprise. Yet another may give you the tools to effecively communicate with your business partners or to generate new leads for your business.
ALL BUSINESS ventures need these tools and systems to be successful. What I'm suggesting is to turn what used to be an EXPENSE into a source of INCOME.
I've been building multiple streams over the past several years that have allowed me to quit my full-time day J.O.B. and replace that income with residual income from my own home-based business.
As a bonus, I've been able to pay off the mortgage on my home, sock a little extra away in my retirement plan and go on some vacations I've only dreamed of before.
If you give me the chance, I'd like to show you how you can do the same…
The best part is it doesn't require much time, there's no high pressure selling and nearly zero risk. In fact, I'll show you how to get the IRS to pay YOU to get started. It's so simple, I believe almost anyone can do it.
Warm regards,
Vic Bilson
http://www.financialfreedomseekers.com
Filed under Home Business by Vic Bilson








