Financially Free with Network Marketing?
Let's assume you've got a job or you're self-employed. That
means you have to show up for work to get paid. You can say you
exchange your time for money. As we tend to spend our money on
food, our home, car and other stuff, we have to keep exchanging
our time for money.
Although most of us have accepted this, that doesn't mean it has
to be this way. When you feel yourself resisting your 9 to 5
routine or the limited amount of income you'll be making, you're
ready to look beyond these limits.
The solution to the "exchange your time for money"-problem is to
create passive income. As the word suggests this is income that
you don't have to work for. How can that be?
There are two ways by which you can achieve this: 1. Invest in
Real Estate to get rental income 2. Own businesses that don't
require your presence
You can still create passive income in real estate today, even
without having money, but knowledge of buying houses in
preforeclosure is a must. So, if this is your thing, go for it!
If you want to own a business, here are four ways you can get
one: 1. Buy a business 2. Buy the rights for a franchise 3.
Start your own business 4. Network marketing
The first two options generally require a large investment. If
you have the money and the ability to tell a good opportunity
from a bad one, be my guest.
The third option is the most difficult. Remember, you want it to
be the kind of business that doesn't require your presence, so
you'll have to have the knowledge to set up all kinds of
business systems, hire people, get finance for the start-up
period. Also, you have to have a product.
However, once you've managed to build a successful business, it
can be very satisfying and it can make you very rich. Just read
on to find out how you can learn the right skills while growing
the capital for your start-up.
And then finally, network marketing. You don't need capital,
there is already a product and all systems (production,
communication, distribution, payments) are in place. This means
you have no risk and you can start right away.
But can this be a business that doesn't require your presence?
Well, not immediately, but you've got a great chance that it
will be in a few years! How's that? Two reasons:
1. If you focus your marketing efforts on the internet, you can
use tools like a website and an autoresponder. Once you've
set-up these tools properly with your "unable to resist"
marketing campaign and you've got traffic coming to your
website, income is automatically generated for you for a long
time after your initial efforts.
2. People can join the program under you. As you build your
"downline" and teach them well, they start generating sales,
from which you get your share. So for that part of your income
your presence is no longer required either.
Then, when your presence isn't required anymore, you can set up
another stream of passive income. With this strategy you are
well on your way to financial freedom.
Network marketing doesn't necessarily have to be your end goal.
Use network marketing to learn! Learn what it means to run a
business. Then you can either excel in network marketing or
prepare yourself to start and run your own business.
Hopefully, this article helped you make a choice if and how you
want to become financially free. Making a choice you feel
confident about helps you to keep going when things don't go as
smooth as you would like them to go.