Confessions Of An Elephant Eater
How do I like my Elephant?
With fried onions and ketchup of course.
I'm only joking. The real question is "How Do You Eat An
Elephant?"
One bite at a time.
I don't actually eat elephants. The elephant is a metaphor for
big goals. So "How Do You Accomplish Big Goals?"
One bite at a time.
In my last article I asked you to set goals that are big. To
reach for the stars. But I know sometimes big goals can be
overwhelming.
You need to aim for the stars and once you've got your goal in
place, your next step is to break it down.
Let's set a simple goal to start with. You're bored with the
nine to five ... you're tired of your boss ... you want to take
a year off to enjoy life.
How are we going to break this baby down?
Since our goal is to have enough profits online to take a year
off from work and really get this internet puppy going, let's
shoot for 24 hours of freedom.
If you divided your yearly expenses by 365 days, what would you
need to earn 24 hours of freedom?
Let's make it simple, you need $100 a day to survive. Some of
you may need less, I'm sure many of you will need more. The
decision is yours.
So for every $100 in profits you've earned one day of freedom
from the daily grind.
Earn $700 dollars and you've moved one week closer to the "Life
Of Reilly."
I don't know about you, but to me the idea of earning my freedom
is a goal worth fighting for. The money is just a tool to
accomplish your goal.
How would I accomplish that goal?
I would divide my efforts between two types of programs.
Program A would be an up front cash generator to keep the
business going and expand.
Program B would be a residual income generator to build my
freedom fund. Residual Income is a monthly income created from
programs that have a monthly recurring payment.
You market, expand and reward yourself for each goal you
accomplish with the money from the cash machine.
You let your residual income program build up until you've got a
guaranteed monthly income equal to your monthly expenses.
When your monthly recurring income equals your monthly expenses,
you'll be free from the nine to five. You'll never worry about
driving to work again.
What are you waiting for? Freedom is right around the corner.