How to Achieve Financial Freedom?

TABLE OF CONTENTS PART 1 – PRINCIPLES AND CONCEPTS * Life is a choice * The Social Security Service Survey * Are You Living Just to Survive? * The Economic Trend * The Future Shock * The Problem of Education * The Paradigm Shift * 5 years Ago…Today…5 years After * The Pipeline * Where is Your Cash Flow? * You are the Best * The P500 Bill * You Worth Millions * Definition of Leverage * Work Smarter, Not Harder * The Two Sales Executive * OPPORTUNITYISNOWHERE * The Time Lever * What do these Billionaires have in common? * Dream Big Dreams * Bread or Diamond? * See Yourself as Entrepreneur * Here’s Your Chance! Why People Join Network Marketing Business? * The Return on Investment * The Marketing Channel of Distribution * Consumer’s Empowerment * The People’s Franchise * The Credibility of Network Marketing Industry * The Three Pillars of Network Marketing * The 4 versus 40 Years Plan * The Three kinds of Income * How Much is Your Net Worth? * Extra Income has More Value * The Spare Tire Principle * The M. S. I (Multiple Streams of Income) PART 2 – THE YOU FACTOR * Be an Empty Cup * Deep Down “Burning Desire” * Follow the Thomas Alva Edison Success Form * Great Talent is Not Necessary * The Frog Story * The Value of Disaster Doing the Unthinkable * Negative Capability * Failing Forward * The Strong Seed * The Persistence Test * The Rock * The Story of Harland Sanders PART 3 – THE PRINCIPLES OF PROSPECTING * The Law of Fisherman * The Law of Harvest * The Master Prospector * Where are Your Aces? * The Parable of Ham and Egg * The Restaurant Story * The 4-Steps Empowerment Principle PART 4 – GOAL SETTING AND TIME MANAGEMENT * The Yale Study on Goal Setting * Set Your Goal * Focus Your Desire, Desire Your Focus * The Test of Life and Death * The Acid Test * Your Time Bank * The Empty Jar * The 80/20 Rule * Be Here Now! PART 5 – THE CODES OF LEADERSHIP The True Leader * The True Person * The True Person’s Creed * The Network General * The Leader’s Identity * God said “No” to Network Marketer * The Acres of Diamond * Life is What We Make It You are what your deep, driving desire is. As your desire is, so is your will. As your will is, so is your deed. As your deed is, so is your destiny. -Indian Philosopher PRINCIPLES AND CONCEPTS Life is a Choice Once there were two eggs discussing what they wanted to be when they hatched. The first egg said, “I want to be an oyster when I hatch. An oyster just lay in the water and never has to make any decisions.

The currents of the ocean move it about, so it doesn’t have to plan. The ocean water passing by brings its food. Whatever the ocean provides is what the oyster receives, no more, no less. ” The first egg continued, “That’s the life for me. It may be limited, but there are no decisions and no responsibilities. There’s a secure existence controlled only by the ocean. The second egg said, “That’s not the life for me. I wish to be an eagle. An eagle is free to go where it wants and to do as it please. Of course it is responsible for hunting its own food and making survival decisions, but it is also free to fly as

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high as the mountains. “The eagle”, continued the second egg “is in control, instead of being controlled by others. I want no limits placed on me, nor do I want to be a slave of the ocean. Consequently, I am willing to expend the effort required to live the life of an eagle. I will create my own destiny. ” What role would you like to portray in life? To be an Oyster or be an Eagle? The CHOICE is yours! The Social Security Service Survey There was a study in 1995 by SSS concerning the status of an average Filipino People when they reach age 65. These are the actual facts gathered based on statistical population sampling results, At age 65 45% are dependent on Relatives 30% are dependent on Charity 23% are still working Only 2% are Financially Independent Which category would you like to belong at age 65? The 45%, the 30%, the 23% or the 2%? People don’t plan to fail, they just fail to plan. The best person to take care of you when you are older is the younger person you are now! Are You Living Just to Survive? There were group of foxes in the nearby valley discussing among them what would be their lunch for the day. Out from nowhere, they spotted a rabbit in the green side of the valley. One of the foxes proudly says, “Yummy!

This would be my menu for lunch, you bet? ” It said to the other fox. “Really? Can you bring that rabbit for your lunch? ” Reply by one of the foxes. “Yah, I promise. ” After such conversation, the chasing had begun. The fox tried it’s best to capture the rabbit but it cannot get its objective. Five hours had passed but the fox still running but it did not capture the rabbit until the fox get tired of chasing and then quit. The rabbit gone in the forest and disappeared. What do you think why the fox did not captured the rabbit? The reason is quite obvious – they have different perspective.

The fox was running only for its LUNCH but on the part of the rabbit, it was running for its LIFE. What about you my friend, are you running only just for your lunch (living) or running to have a better life? According to latest economic survey of our government, Almost 30% to 40% of average Filipino family is under poverty line. The majority of Filipinos does not only see, smell, taste, touch, and hear poverty – they breathe it every day. This is really a big concern. How can we develop a strong republic if the economic welfare of its citizenry is not healthy? Poverty is indeed one of the foremost problems we have to address and solve.

I believe that the root cause of poverty lies itself in our “internal core values”. In order to change the present economic condition of our country – we must change our view and perception on how we see the world. Each of us should empower one another. It is through proper MIND-SET and EMPOWERMENT that we can improve the quality of living in order to have a strong republic. And that CHANGE should start from every one of us. “If we want to change a situation, we first have to change ourselves. And to change ourselves effectively, we first have to change our perception. ” -Stephen R. Covey It is a useless life that is not consecrated to a great ideal. It is like a stone wasted on the field without becoming a part of any edifice. ” -Jose Rizal “In the vision that guides my administration, I see a country liberated from the grip and greed of the past. I see this happening through a revolution in a way we think and in a way we do-politics and economics. At the center of this revolution must be a commitment to reforms and to putting the people first. Our challenge is clear:Sugpuin and kahirapan- this is our duty. This is our mandate. This is our mission. ” -Pres. Gloria Macapagal Arroyo Speech on Strong Republic

The Economic Trend 7T BC–1600+A. D. Agricultural Age. Those who have the Land owns the wealth. 1740-1900+A. D. Industrial Age. Those who have the Machinery owns the wealth. 21st centuryInformation Age. Those who have the right ideas, information and network owns the wealth. This is the era of “speed of thought and network”. This is also the period of great change. The Future Shock Most of us have a fair knowledge of the past (history), the present (current events), and the afterlife (religion) but has little knowledge about the future. The followings are some of the crucial events that will transpire n our future: * The world is becoming smaller and smaller because of technology advancement. We are living now in the borderless world – instant communication (Internet and cyberspace), globalization and free enterprise. * The consolidation and merging of giant companies. Big fish versus Big fish. Competition is the key adverse – franchising, home-based business and network marketing is the best alternative business option in order to survive. * The massive unemployment and under-employment due to computer automation and robotic systems, which minimizes the manual labor functions of corporate and company personnel. The Information overload. You must know how to eliminate useless or garbage information. We are now in the era of ‘Knowledge-Based Economy’. Right information is the key. * The Power shift. If 20th century belongs to the politicians, 21st century belongs to the ‘Entrepreneurs’. “In the 21st century, we are not talking about the ‘Have or the Have-Not’ but the ‘Know and the Know-Not’. ” -Billi P. S. Lim “Massive changes are taking place at an amazing rate in every arena of life. This rapid and complex change is so dramatic that they are more accurately referred to as paradigm shifts.

A Paradigm can be defined as the way we perceive the world, a shared set of assumptions or belief systems. As we face 21st century, we find ourselves in rapidly shifting paradigms, which seem very destabilizing and chaotic. At the same time, we are creating new paradigms in the form of innovative products and technologies, New Business and Industries”. Allan C. Walter Power Leadership Int’l The Problem of Education Pre-school (preparatory % kindergarten)……………….. 2 years Elementary………………………………………………………………………6 years High School…………………………………………………………………….. 4 years College (average)……………………………………………………………. years Post-College (MBA, Doctorate)………………………………….. 3 years Total average years in school 20 years The economic life span (ability to earn) of every individual is averaging from 30 to 40 years only. He may become stable at age 25 in his present job or profession then work and work until he reached age 65 then seek retirement. Observe, he almost spent 1/3 of his life learning from remaining 2/3 of his life just to enrich other people. Financial struggle is often the result of people working all their life for someone else. Many people will have nothing at the end of their working days.

Dear friend, Mind Your Own Business. You have the bright-right to enrich yourself and explore your hidden potential. I am not against education – I highly advocate it, but we have to put its system in the right perspective. “The main reason why people struggle financially is because they have spent years in school but learned nothing about money. The result is that people learn to work for money . . . but never learn to have money work for them. ” -Robert Kiyosaki The word “Education” came from the Latin word “Educere” which means “to lead out bring it out. In other terms, to bring out the talent and the intelligence that we are born with. “Non schola sed vita discimus”, a Latin word which means: We don’t learn for school but for life. The problem with education is the concept of “Literacy. ” We learned everything about professionalism and career course on how to have a secured job in a business owned by others but failed to learn valuable wisdom about wealth creation or “Financial Literacy” to secure our own life. The root cause of our financial struggle is ‘financial illiteracy’. The majority of population is professionally literate but financially illiterate.

They work for money instead of money work for them. Thomas Stanley, author of the breakthrough book The Millionaire Mind, who made a close studies, interviews and observation to almost 1300+ Self-Made Millionaire in America said, “You need guts, not good grades to become rich. Grades don’t measure tenacity, courage or leadership. The statistics demonstrate that most millionaires didn’t achieve high test scores or grades or even go to top schools. What I found, consistently, is that of all the factors involved in financial success, hard work was first, and graduating at the top of the class ranked last . . IQ is no indicator of success. Millionaires build empire on creativity and common sense. They focus on a goal, take calculated risk and then work harder than most people. ” Most of the rich guys interviewed by Stanley were actually start from scratched and get D’s grades in school-or worse. Some drop out. Others had learning disabilities or were humiliated by parents and teachers because they weren’t as “smart” or “gifted” as their classmates. Many successful people have left school without receiving a college degree. People such as Henry Ford, founder of Ford Motor Co. Thomas Edison, founder of General Electric; Ted Turner, founder of CNN; Ralph Lauren, founder of Polo; and Bill Gates, founder of Microsoft. A college education is important for traditional professionals, but not for how these people found great wealth. They developed their own business empire and make is successful. According to study, virtually everyone starts with nothing. More than 90 percent of all financially successful people today started off broke or nearly broke. The average self-made millionaire has been bankrupt or nearly bankrupt 3. 2 times.

Most wealthy people failed many times before they finally found the right opportunity that they were able to leverage into financial success. When Larry Ellison, the CEO of Oracle Corporation and the 2nd richest man in the planet was invited to make a commencement address to Class of 2000 in Yale University, he was straight forward in his thought and belief about the education system. The following was the transcript of his speech: “Graduates of Yale University, I apologize if you have endured this type of prologue before, but I want you to do something for me.

Please take a good look around you. Look at the classmate on your left. Look at the classmate on your right. Now, consider this: 5 years from now, 10 years from now, even thirty years from now, odds are the person on your left is going to be a loser. And you, in the middle? What can you expect? Loser. Loser hood, loser cum laude. In fact, as I look out before me today, I don’t see a thousand hopes for a bright tomorrow. I see a thousand future leaders in a thousand industries. I see a thousand losers. You’re upset. That’s understandable.

After all, how can I, Lawrence ‘Larry’ Ellison, a college dropout, have the audacity to spout such heresy to the graduating class of one of the nation’s most prestigious institutions? I’ll tell you why. Because I, Lawrence ‘Larry’ Ellison, second richest man on the plant, am a college dropout, and you are not. Because Bill Gates, the richest man on the planet — for now, anyway – is a college dropout, and you did not. Because Paul Allen, the third richest man on the planet, drop out of college and you did not. And for good measure, because Michael Dell, No. on the list and moving up fast, is a college dropout, and you yet again are not. Hmmm… You’re very upset. That’s understandable. So let me stroke your egos for the moment by pointing out, quite sincerely, that your diplomas were not attained in vain. Most of you, I imagine, have spent four to five years here, and in many ways what you’ve learned and endured will serve you well in the years ahead. You’ve established good work habits. You’ve established a network of people that will help you down the road. And you’ve established what will be lifelong relationships with the word ‘therapy’.

All that of course is good. For in truth, you will need that network. You will need those strong work habits. You will need that therapy. You will need them because you didn’t drop out, and so you will never be among the richest people in the world. Oh sure, you may, perhaps, work your way to No. 10 or No. 11, like Steve Ballmer. But then, I don’t have to tell you who he really works for, do I? And for the record, he dropped out of grad school. Bit of late bloomer. Finally, I realize that many of you, and hopefully by now most of you, are wondering, ‘Is there anything I can do? Is there any hope for me at all? ’ actually, no. It’s too late. You’ve absorbed too much, think you know too much. You’re not 19 anymore. You have a built-in cap, and I’m not referring to the mortar boards on your heads. Hmmm… you’re really very upset. That’s understandable. So perhaps this would be a good time to bring up the silver linings. Not for you, Class of 2000. You are a write-off, so I’ll let you slink off to your pathetic jobs, where you’re checks will be signed by your former classmates who dropped out two years ago. Instead, I want to give hope to any underclassmen here today.

I say to you, and I can’t stress this enough: Leave. Pack your things and your ideas and don’t come back. Drop out, Start Up. For I can tell you that a cap and gown will keep you down just are surely as these security guards dragging me off this stage are keeping me down…” – End of speech – Former Education Secretary Andrew Gonzales said, “The country’s (Philippines) drop-out rate in elementary, secondary and college education is very high. Of the 100 students enter Grade 1, only about 68 finish Grade 6. Off the 68 high school students, only 48 graduate. Of this number, only 6 enroll for college, and only 16 earn a degree”. He said that the above phenomenon is not necessarily bad, that many drop-outs did good and even better than college graduates. The learned and graduated from UHK (University of Hard Knocks). Their wise and great teacher is the LIFE EXPERIENCE. It is unique because it gives you first the Test before it teaches you the Lesson. And the lessons that you may learn from it will help you in becoming an effective and strong-willed person. He suggested that “Entrepreneurship” through Non-Formal Education among the students can be an alternative to college education.

As long as you are hardworking, persistent and in the -> RIGHT DIRECTION, life’s financial success in not difficult to achieve. So don’t lose hope even you are a drop out, YOU Can Start Up! The Paradigm Shift There is a naval story about one battleship assigned to the training squadron had been at sea on maneuvers in heavy weather for several days. One of the crew was serving on the battleship and was on watch on the bridge as night fell. The visibility was poor with patchy fog, so the captain remained on the bridge keeping an eye on all activities.

Shortly after dark, the lookout on the wing of the bridge reported, “Light, bearing on the starboard bow. ” “Is it steady or moving? ” the captain called out. The lookout replied, “Steady, captain,” which meant we were on a dangerous collision course with that ship. The captain then called to the signalman, “Signal that ship: We are on a collision course, advise you change course 20 degrees. ” Back came a signal, “Advisable for you to change course 20 degrees. ” The captain said, “Send, I’m a captain, change course 20 degrees. ” “I’m a seaman second class,” came the reply. You had better change course 20 degrees. ” By the time, the captain was furious. He demanded out, “Send, I’m a battleship. Change your course 20 degrees. ” Back came the flashing light, “I’m a LIGHTHOUSE. ” Immediately, the battleship change course. Most of the time, it’s very hard for us to change something about our view or perception in things or ideas because of the mind setting of our past belief, but we must ‘Change’ because we have no choice-it’s the way of life. Be like water – adaptable and flexible to any change or any form.

We have to change our paradigm or belief system for the better course of our life. “Change is the law of life and those who look only to the past or present are certain to miss the future. ” -John F. Kennedy “Be formless, shapeless, like water… You put water into a cup, it becomes the cup; you put water into a bottle, it becomes the bottle; you put it in a teapot, it becomes the teapot… Now the water can flow, or it can crash, be water my friend. ” -Bruce Lee “The greatest discovery of our generation is that a human being can alter his LIFE by altering his ATTITUDES. -William James Psychologist “In a globalize environment where talent is mobile, all Singaporeans need to change their mindset. And the first mindset I have to change is MINE. ” -Lee Kuan Yew 5 years Ago… Today… 5 years After You must decide where your life is going. If you will always do what you had always done, you will always get what you had always got. If your problem 5 YEARS AGO is money, and TODAY – you don’t have the right attitude and system on how to handle money matters properly, certainly, you will still have the same money problem 5 YEARS AFTER.

Progress is impossible without change, and those who cannot change their minds cannot change anything. If you want to improve something, you have to know where you stand and where you want to go, or else it isn’t going to happen. You have to decide in the present moment if you want to achieve a significant change and improvement in your life. Be Here Now! Your future starts today. “It is in your moments of DECISION that your destiny is shaped” -Anthony Robbins The Pipeline Once upon a time there was a far distant town in one of the provinces of Philippines. It was a great place to live except for one problem.

The town had no water unless it rained. To solve this problem once and for all, the town elders decided to put out to bid the contract to have water delivered to the town on a daily basis. Two young people volunteered to take on the task and the elders awarded the contract to both of them. They felt that a little competition would keep prices low and insure a back up supply of water. Pedro Mangunahan, The first two people who won the contract immediately operated his business, bought two galvanized steel buckets and began running back and forth along the trail to the lake which was a kilometer away.

He immediately began making money as he labored morning to dusk hauling water from the lake with his two buckets. He would empty them into the large concrete holding tank the town had built. Each morning he had to get up before the rest of the town mates awoke to make sure there was enough water for the village when it wanted it. It was hard work, but he was happy to be making money and for having one of the two exclusive contractors of his business. Meanwhile, the second winning contractor, Juan Dela Cruz, had left his town for a while.

He was not seen for months, which made Pedro very happy since he had no competition. Pedro was making all the money and monopolized the water supply even the quality of service was below standard. Instead of buying two buckets to compete with Pedro, Juan had written a business plan, created a corporation, found five investors, employed a president to do the work, and return six months later with a construction crew. Within a year, his team had built a large volume stainless steel pipeline which connected the village to the lake.

At the grand opening celebration of his water service, Juan announced that his water was cleaner than Pedro water. Juan knew that there had been complaints about dirt in Pedro’s water supply. Juan also announced that he could supply the town water twenty-hours a day, seven days a week. Pedro could only deliver water on the weekdays; he did not work on weekends. Then Juan announced also that he would charge 50% less than Pedro did for this higher quality and more reliable supply of water. The town’s people cheered and ran immediately for the faucet at the end of Juan’s pipeline.

In order to compete, Pedro immediately lowered his rates by 50%, bought two more buckets, added covers to his buckets and began hauling four buckets each trip. In order to provide better service, he hired his two sons to give him a hand for the night shift and on weekends. When his boys went off to college, he said to them, “Hurry back because someday this business will belong to you. ” For some reasons, after college, his two sons never returned. Eventually Pedro had employees and union problems. The union was demanding higher wages, better benefits, and wanted its members to only haul one bucket at a time.

Juan on the other hand, realized that if this town needed water than other towns and provinces must need water too. He rewrote his plan and went off to sell his high speed, high volume, low cost, clean water delivery system and continuously provides more and better service to nearby towns and provinces throughout the country. He only makes a penny per bucket of water delivered, but he delivers millions of buckets of water every day. Regardless if he works or not, millions of people consume millions of buckets of water, and all that money pours into his bank account.

Juan built a pipeline to deliver money to himself as well as water to the towns and provinces. Juan Dela Cruz live happily and wealthy ever after and Pedro Mangunahan worked hard for the rest of his life and had financial problems forever after. The end. Now ask yourself: Am I building a pipeline of wealth or hauling buckets of poverty? Let this story serve you as guidance in your journey towards the path of FINANCIAL AND TIME FREEDOM. “You won’t Harvest Big unless you Plant Well”. -Josiah Go The Marketing Mentor “Money is plentiful for those who understand the simple laws which govern its acquisition. -Arkad The richest man in Babylon Where is Your Cash Flow? E B S I Diagram 1 4 1 3 2 Employment – You have a Job (Employee, laborer) Self-employed – You own a Job (Doctor, lawyer, etc. ) Business- You own a system (Entrepreneur) Investment- Money works for you (Investor) Every person generates its cash or income in at least one of the four quadrants of the CASHFLOW Quadrant (see table above). Many of us have a firsthand paradigm of looking for a safe, secured JOB (Quadrant 4) in a company after we earned our degree in college, am I right? Why?

Because that is what our parents and our society taught us to seek, both at home and in school. We work for money term as “Salary” but this kind of income is the most unsecured source of living nowadays. Salary will never give you financial freedom, and working for other people is like sowing seeds in other people fields. Similarly, there are group of people called the “I do-it-myself” or “Self-employed” (Quadrant 3). They are hardcore perfectionist in their field of work or profession that most of the time they attached too much to the system of their job, and most likely become the system.

They seldom delegate their work or job to others because they believed that nobody can do the job better than themselves. So when it comes to money, independence and recognition comes first. The problem with Quadrant 3 and 4 groups of people are their lack of ability to delegate time and effort to others. They both practice the ‘power of singleness’ which most often becomes a burden to their earning capacity because they rely too much on themselves. The higher the bracket to earn money comes a higher responsibility and a great hard work.

They belong to the category of “No Work, No Pay” individually. Both of these quadrants are motivated by SECURITY. On the other hand, group of individuals in quadrant 1 and 2 – Business and Investment respectively, have a different emotional and psychological temperament or ‘internal control values’. They are highly motivated by FREEDOM. In the Business Quadrant, the players are full blooded Entrepreneurs. This is their playground. A true businessman owns the system and people work for them. He loves to delegate time, effort and responsibility throughout his organization.

In this quadrant comes the THREE Business Systems namely: Traditional Company or Corporation – where you can develop your own system; Franchises – where you can buy an existing system; and MLM or Network Marketing – where you can buy a system and become part of that existing system. If any of this system is properly operated and managed, this will provide a steady and long term stream of income without much physical effort on the part of the owner. Out of the three business systems, the most easily to start-operation and handle is Multi Level or Network Marketing. It has ‘minimal capital outlay’ having a big source of income potential.

Your Time and Effort is the crucial key in managing this type of business organization. Accordingly, Investment Quadrant is next level after Business Quadrant. This is the playground of the Rich. If you already have a steady source of residual income from your business, you may now start to engage in this category. In this quadrant comes the compounded interest and compounded growth that are generating from your asset base. In this quadrant, money works for you. If you will learn and understand the necessary knowledge and skills, you may involve in both the business and investment quadrants.

These are the best vehicles towards the path of FINANCIAL FREEDOM. How about you? Which quadrant would you like to belong? “Money is not the KEY to happiness. But the more money you have, the easier it is to get the KEY made”. -Angelo D’ Amico You are the Best Remember the time when you are not yet born in this world. When you are in the period of great creation, you are just one among those millions of sperms or eggs waiting for divine pairing. Imagine that among the millions of sperm and egg participants that joined the race, you are the first pair that interacts to each other that brought about “YOU”, amazing move!

You had won that race. God gave you His spiritual thumb mark of existence as a symbol of fulfilling your life purpose and mission in abundant service to others for. His glory. In reality, we are divinity in disguise, and the gods and goddesses in embryo that are contained within us seek to be fully materialized. Our future is one of pure spirit, and abundance is our natural state. We are not human beings having a spiritual experience; we are spiritual beings having a human experience. True success is therefore the experience of the miraculous. It is the unfolding of the divinity within us.

It is the perception and the expression of divinity wherever we go, in whatever we perceive not occasionally, but all the time. Every person is a miracle! Hidden deep within his bosom is something special waiting to surface and grow into a great work. Honor the person for what is hidden within, for once discovered, that he will become. You might not be aware about it but the truth is, even before you are born and become a person… You are already the best! “What lies behind us and what lies before us are tiny matters compared to what lies within us. ” -Ralph Waldo Emerson The P500 Bill

A well known speaker started off his seminar by holding up a P500 bill. In the room of 100 people, he asked “Who would like this P500 bill? ” Hands started going up. He said, “I am going to give this P500 to one of you but first let me do this. ” He proceeded to crumple the Five Hundred bills up. He then asked, “Who still wants it? ” Still the hands were up in the air. “Well,” he replied, “What if I do this? ” And he dropped it on the ground and started to grind it into the floor with his shoe. He picked it up, now crumpled and dirty. “Now who still wants it? ” Still hands went into the air. My friends, you have all learned a very valuable lesson. No matter what I did to the money, you still wanted it because it did not decrease in value. It was still worth P500. “Many times in our lives, we are dropped, crumpled, and ground into the dirt by the decisions we make and the circumstances that come our way. We feel as though we are worthless. But no matter what has happened or what will happen to us – We will never lose our TRUE VALUE. “The true value of a human being can be found in the degree to which he has attained liberation from the self. ” -Albert Einstein You Worth Millions

Supposing I’m the richest man in my town having a variety of profitable business and the luxuries of life. It so happened that you’re one of my employees in one of my companies. One time during my travel, I involved in a serious vehicular accident resulting in a severe damage of my two eyes that may result to permanent blindness. My only chance of seeing to witness again the beauty of this world is to find somebody who has the same eye physiology as mine. I found out in your medical records through my agents that you’re the person I needed that matched my eyes. Now, this is my offer – will you donate to me your eyes in exchange for P1M? If not, I may increase it by P2M – If that offer is still not okay with you, what about an offer of P5M just to have your precious vision? Will you now sell your eyes to me? Are your considering my offer, let me guess? – Probably you might decline the offer no matter how big it is – Am I right? Why? Because you have realized deep within your intrinsic identity that your real worth is just more that any millions of pesos or gold, you are priceless! And if you believed that you are ‘worth millions’, then why are you staying for a job or work paying your for P5, 000, P10, 000 or P20, 000 only?

Why are you working so hard for just a penny and allow other people to use your potential? My friend, re-assess yourself; re-discover your true value; plant your wealth-seed (potential) in your own field; redeem the blessed abundance of your LIFE; don’t settle for less of your real value – Earn it … because you are worth millions! “You, yourself, are the ‘MONEYMACHINE. ’ You have the ability and opportunity to earn a future during your lifetime. See yourself, in your mind’s eye, as a creation having unlimited power to build wealth. There is no other creature in existence exactly like you.

You are uniquely formed in your mother’s womb to make the very best of your GOD-given attributes, so that you may succeed abundantly in the service of others. -King Solomon THE LAW OF LEVERAGE Definition of Leverage The term LEVERAGE comes from the root word ‘Lever’ which means “to lessen the burden; to delegate; to have the economy of movement; to give a minimum input that achieves maximum results; to multiply time, efforts and money; to create or do common things that give exceptional results. ” Examples: i. If you used a 5ft long rod to move a heavy object – the rod represent as a lever.

The longer the lever, the easier it lifts and moves. ii. The water pump is a form of lever. The longer the handle, the less effort you need. iii. The pulley is a form of lever. It minimizes the use of human effort that creates economy of movement. iv. The car or bus is a form of lever. It transports you from point A to point B destination with less effort. v. The savings or time deposit in a bank is a form of lever. It gives you interest income even without extra-effort to earn it. Money works for you. vi. A good financial borrowing from the bank or individual is a form of lever.

It helps the “working and growth capital” of one’s business venture to become stable and sustainable. vii. The human character is a form of lever, it build-up trust and integrity in the business of life. viii. This book “Law of Leverage” is another form of lever. It will help your Prospecting System made easy by lending a copy and let them read and understand first the ideas and concept of MLM Industry for 2 to 3 days before sponsoring them in the business. Work Smarter, Not Harder If for example I am planning to build up an artificial fishpond and I needed to excavate a one hectare wide with one meter deep pond.

I am willing to pay you P250, 000 for a job using your shovel and you can now begin digging. At the end of one year the fishpond would be completed. For that one hectare fishpond, I would then pay you P250, 000 because you have performed a P250, 000 worth of service. On the other hand, a friend of yours could apply for a job. Your friend rents a fishpond digging machines for P50, 000 and finishes the one hectare fishpond in just one week. He has also provided P250, 000 worth of service? Who worked smart and who worked hard? This illustrates the ‘Principle of Leverage’.

The fishpond’s digging machines represent the LEVER – to have the economy of movement and to give a minimum input that achieves maximum results. Leverage creates speed that achieves maximum results. Leverage creates speed and simplicity of work or activity performance. “Give me a LEVER long enough and a fulcrum on which to place it and I shall move the entire Earth. ” -Archimedes The Two Sales Executive There was a shoe owner of big company in the U. S. looking for expansion in other territory. He wants to try if there was a possibility to market his first class shoe in this country.

To accomplish this project, he sent his first sales executive to survey the potential construction of factory in South Africa. With complete instructions, the first executive traveled to South Africa to undergo his mission. He conducted a thorough survey and feasibility study but his findings were found unsatisfactory. To his dismay, he immediately reported to his boss in the head office that there was no merit in putting up a shoe factory in Africa because no one knows how to use shoes. But the boss didn’t gave up yet, making sure, he sent his second sales executive to vouched what the first sales executive findings.

He took his direct flight to Africa and immediately started his study and survey. “Eureka! ” he exclaimed. He called his boss with urgency and reported to him, “Boss, construct immediately our big shoe factory here because I have found a mine of shoes. There is a huge market here. No one knows how to wear shoes; we’re going to teach them! ” The two sales executives had seen similar situation but have different perspective, the first one is negative but the second is positive. How about you? “Lucky breaks happen when you know how to see opportunities at the right place and at the right time” -Anonymous When the product is right, you don’t have to be a great marketer. ” -Lee Iacocca OPPORTUNITYISNOWHERE What Do You See? a. Opportunity is NO where? Or, b. Opportunity is NOW here! Supposing I am your EMPLOYER and I offer you two options wherein you can earn your compensation, which offer would you prefer to choose? OPTION # 1 I am paying you P100, 000 for 30 days of work. Or; OPTION # 2 I am paying you a . 01 centavo a day that doubles itself on each consecutive day until 30 days of work. Let’s see… Day 1= . 01 Day 2 . 01x 2= . 02 Day 3 . 02 x 2= . 04 Day 4 . 04x 2= . 08 Day 5 . 08x 2= . 16

Day 6 . 16x 2= . 32 Day 7 . 32x 2= . 64 Day 8 . 64x 2= 1. 28 Day 9 1. 28x 2= 2. 56 Day 10 2. 56x 2= 5. 12 Day 11 5. 12x 2=10. 24 Day 1210. 24x 2=20. 48 Day 1320. 48x 2=40. 96 Day 1440. 96x 2=81. 92 Day 1581. 92x 2= 163. 84 Day 16 163. 84x 2= 327. 68 Day 17 327. 68x 2= 655. 36 Day 18 655. 36x 2= 1,310. 72 Day 19 1,310. 72x 2= 2,621. 44 Day 20 2,621. 44x 2= 5,242. 88 Day 21 5,242. 88x 2= 10,485. 76 Day 22 10,485. 76x 2= 20,971. 52 Day 23 20,971. 52x 2= 41,943. 04 Day 24 41,943. 04x 2= 83,886. 08

Day 25 83,886. 08x 2= 167,772. 16 Day 26 167,772. 16x 2= 335,544. 32 Day 27 335,544. 32x 2= 671,088. 64 Day 28 671,088. 64x 2= 1,342,177. 28 Day 291,342,177. 28 x 2=2,684,354,56 Day 302,684,354. 56 x 2=5,368,709. 12 Total ………………………………. P10,737,418. 23 Amazing figure! At first glance, you may probably choose option # 1, didn’t you? Because this amount is really great income as far as you can perceive. But actually, if you just analyze deeper, option # 2 will give you the real big source of income! The secret to earn this much lies in the principle of ‘Multiplier Effect’ also known as “Law of Leverage”.

If you can learn to understand and adopt this principle in your wealth building plan, surely, this will lead you to financial and time freedom more easily. This is the main reason why most network marketers earned far beyond than traditional workers and employees. They discovered the most important secret factor to wealth building. Keep in mind this principle and learn by heart how to leverage your time, effort and money. Duplication is the name of the game. Duplicate yourself through other people and you can easily duplicate your sources of income beyond your expectation. The Time Lever Our time is very limited.

Each person has only 24 hours a day to spare for our daily activities. We allocated an average of eight (8) hours working to earn a living; eight (8) hours for our rest; and eight (8) hours for leisure and entertainment. It is indicated that whatever you do, you can only allocate 8 to 12 hours (including overtime) to earn money. In Philippine setting, an average minimum wages of employees ranges from P5, 000 to P10, 000 a month. Say for example, you are earning P8, 000 a month right now; it shows that you are basically making P267 per day (P8, 000 / 30 days) or P33 per hour (P267 / 8 hours).

The question is, how can you increase your present income without interrupting or leaving your present Job? The answer is very simple that most people miss it. The real secret of increasing your present income lies in the Principle of Leverage or simply called ‘Time Compounding’. Remember, the important factor is not how much you earn per hour, per day, or per month. Making big money lies in the creation and multiplication of your TIME MAKING MONEY thru other people on your organization. It is hidden in your ‘Eight hours’ a day. ’ Hours of workRate per hourIncome per day 8 P33 P267 12 33 396 20 33 660 0 33 1,650 100 33 3, 000 500 33 16,500 1,000 33 33,000 2, 000 33 66,000 5, 000 33 165,000 10, 000 33 330,000 etc. Observe the table; the rate per hour is constant. The increase in income per day is attributed in proportion to the increase in number of TIME INPUTS. The more time inputs, the greater income outputs you generate. How can you apply this principle? In reality, the only business vehicle or system wherein you can apply this principle immediately without great risk and with minimal investment is by way of MLM or Network Marketing system.

Once you get involved in this business, you can now increase your time making money by inviting people to become your business partners or associates. He also invites partners in his organization and so on. Their time becomes your time. If you are connected to a network of 1, 000 people in your MLM organization which contributes to you just (1) one hour for each associates, you will have 1000 hours a day and can make you as much as P33,000 per day (see above table). What if they work for (2) two hours, or (4) hours a day and so on, your income will become exponential. This wealth building principle is also known as O.

P. T. or leveraging through Other People’s Time. It is not surprising if you heard somebody or ordinary people earning as much as P30T, 50T, 100T, 200T, 500T or even more than a Million per month in this industry. The secret is behind the multiplication of their TIME-MAKING MONEY. There is an article written in magazine about Bill Gates, the founder of Microsoft and the richest man in the planet (Estimated Net worth – $40. 7 billion as of 2003 by Forbes), says that assuming he worked on every business day since Microsoft was founded in 1975, for 8 hours a day, he earn around $1 million dollars per hour. His secret?

He multiplies his Time-Making Money through his thousands of employees and associates in his businesses and ideas that generates profits and passive residual income. At this moment, have you already visualized the BIG PICTURE and PRINCIPLES that incorporated in Network Marketing Business? If you do, congratulations! You have now discovered the most important secret factor of wealth building – the “Law of Leverage’. Imagine if you can just share this principle to your immediate concerns, friends and associates, the effect of geometric growth on your income will amaze you. What Do These Billionaires Have in Common? Bill GatesMicrosoft Corp.

Ray KrocMc Donalds Corp. Harland SandersKFC Henry FordFord Motors Ted TurnerCNN Network Larry EllisonOracle Corp. Michael DellDell Computers David Filo & Jerry YangYahoo. com Jeff Beroz Amazon. com John GokongweiJG Summit Phils. Henry SySM Shoe Mart Lucio TanFortune Tobacco Tony Tan CaktiongJollibee Corp. Eugenio Lopez Jr. ABS-CBN Network Tan YuFuga Int’l Group Phils. Jaime Zobel de AyalaAyala Corp. Manny VillarC & P Homes Phils. George TyMetro Bank Phils. They Mind their Own Business and practice the Law of Leverage! Dream Big Dreams The first secret of self-made millionaires is simple: Dream Big Dreams!

Allow yourself to dream and fantasize about the kind of life you would like to live. You must have a dream if you want to make a dream come true. Imagine that you have no limitations on what you can be, have, or do in life. Just for a moment, imagine that you have all the time, all the money, all the education, all the experience, all the friends, all the resources, all the contacts, good health, and everything else you need to achieve anything you want in life. If your potential were completely unlimited, what kind of life would you want to create for yourself and your family?

Practice “Back to the Future” thinking. Project yourself five years forward. Imagine that five years have passed and that your life is perfect in every aspect. What does it look like? What are you doing? Where are you working? How much money are you earning? How much do you save in the bank? What kind of lifestyle do you have? Then, look back to where you are today. What will you do to get what you dream for? What steps will you take? What opportunity would you drive for? Whatever it is, take the first step today. If you can dream it, you can do it. Man has the power to transform his thoughts into physical reality; man can dream and make his dreams come true. Cherish your visions and your dreams, as they are the children of your soul; the blueprints of your ultimate achievements. ” -Napoleon Hill “Dream Big Dreams. Only big dreams have the power to move men’s soul”. -Marcus Aurelius Bread or Diamond? The principle of Bread or Diamond states that each of us has a limited income and how we choose to spend that income is up to us. Each peso that comes in our hands has the power to make us rich or poor. We may spend our precious money on bread or diamond or a combination of both.

By bread I mean spending on consumables and things. Items like stereos, televisions, cars, personal effects and other items that depreciate and lose value over time. By diamond I mean investments in valuables things that appreciate in value over time such as shares in stock, viable business that earns you residual income (e. g. Traditional Company or Corporation, Franchising, and MLM), real estate, bond precious gems, gold and land. The more you spend on bread, the less there is available for diamonds. You can choose to invest in things that either go up or down in value.

If you invest wisely today then your diamonds will generate enough income to buy you all the bread you will ever want tomorrow. On the other hand, if you spend all of your money on bread today you won’t have much to save and invest for your diamonds tomorrow. This is the foundation of Financial Literacy – “A part of all you earn is yours ‘to keep and to invest’ to produce more of its kind. ” See Yourself as Entrepreneur Highly effective people see themselves as Entrepreneur. You must develop an Entrepreneur Mentality, the mentality of highly independent, self-responsible, self-starting individuals.

Instead of waiting for things to happen, you make things happen. See yourself as the “President and C. E. O. ” of your own life. Envision yourself as completely in charge of your physical health, your financial well being, your career, your relationship, your lifestyle, your home, your car, and every other elements of your existence. Be Pro-Active – This is the basic habit of highly effective people which defines that as human beings, we are responsible for our own lives. Our behavior is a function of our decisions, not our conditions. We have the initiative and the responsibility to make things happen. We are the architect of our destiny.

This is the mind-set of ‘Self-Made Millionaire’. “Whatever the mind can CONCEIVED and BELIEVE, it can achieve”. -Napoleon Hill Here’s Your Chance! Who makes more money? The person who owns the company or the employee who works for him? The owner, of course. My friend, you have now the opportunity to own and mind your own business in MLM industry and to decide how much money you can earn. Do you want to remain an employee and let your boss decide your earnings, or do you wish to start your own business and be the boss by becoming an independent entrepreneur NOW? Why People Join Network Marketing Business?

According to the survey and statistics of this industry, the primary reasons why people at different walks of life joined this business were accounted for one of the following motivating factors: 1. Extra or Supplementary Income 2. Financial Freedom 3. Have Own Business 4. More Spare Time 5. Helping Others 6. Early Retirement 7. Leave a Legacy 8. Personal Development 9. Meeting New People What about you? Before we go on, please give your honest response to the following 5 Important Questions: (Spend at least 10 to 15 minutes) 1. What is your number one PRIORITY? 2. Why did you CHOOSE that one? 3. Why is that IMPORTANT to you? . What are the CONSEQUENCES of not having that opportunity? 5. Why would that WORRY you? Thank you for your honest reply. Whatever would be your PRIORITY in joining this industry, I assured you one thing, YOUR ARE IN THE RIGHT DIRECTION. “Leverage Marketing is all about building relationship; it’s all about changing lives; it’s all about Free Life. ” -Rane A. Panaligan The Return On Investment Supposing you have P10,000 pesos in your possession right now and you would like to “Invest” in something with value that will earn more of its kind and you have only (3) three choices to INVEST it namely: 1.

Bank; 2. Traditional Business; or 3. MLM Business. R. O. I. 1. Bank (P10,000 x 6% per annum) = P600/yr. or P50/mo. 2. Traditional Business (P10, 000) = 10 to 20% ave. profit only. 3. MLM Business (P10,000 investment) = FREEDOM a. Financial Freedom (To have unlimited residual income) b. Personal Freedom (More quality time with family) c. Helping Other People Everywhere to do the same d. Lifetime Security and Legacy. Which option would you choose? “In 1984 20% of New Millionaires came from Network Marketing. By 1994 it was 50%.

It’s predicted that by 2004 and forward, 70 – 80% of New Millionaires will come from the booming Network Marketing Industry. ” -IRS (U. S. ) Statistics The Marketing Channel of Distribution DIAGRAM 2 Traditional Business MLM RS MM WS F C F D D D D C C C P1P1 Profits 10% – 20% 10% – 60% 10% – 20% 10% – 20% C Consumer’s Empowerment P5 P5 In Traditional Business, the movement of products starts from FACTORY -> WHOLESALER -> MIDDLEMAN -> RETAIL STORE -> CUSTOMERS. Whereby, in MLM or Network Marketing Business, the flow of products starts also in the FACTORY -> DISTRIBUTOR (YOU) -> CUSTOMERS.

Observe, if the cost of goods from the factory is P1, by the time it reaches the end users, it already cost P5. The reason of price increase here is due to various overheads (e. g. advertising, etc. ) incurred in operations plus an average profit of 10% to 20% by wholesaler, middleman, & retail store. On the other hand, MLM business creates a legitimate shortcut channel of distribution that eliminate all the unnecessary channel which gives way to distributors perform its function as a direct link between the Factory and the Customer through “word of mouth” advertising.

This system saves a lot of advertising and mass media expenses (refer to Diagram 2) which given back to distributors in the form of discounts, rebates, commissions, bonuses, royalties and other significant benefits in behalf of distributors who made the sales and service. The distributor becomes now the wholesaler, the middleman, and the retailer at the same time consolidating all the profits and benefits (from 10% to 60%) in the distribution channel of marketing.

You can also build-up and develop a chain of distributors connected under your network that earns you royalties and residual income. You and your distributors in your network becomes the Walking Factory and Stores of the MLM Company. This creates a Mutual Leverage or BAYANIHAN in your organization making you and your group much easier to earn more. Consumer’s Empowerment There are Three kinds of business models or systems namely: Traditional Business, Franchising, and MLM (Multi-Level Marketing) or Network Marketing.

Out of the 3 models, the most favorable concept to start up a business is via MLM or Network Marketing because you have a very minimal capital or ENTRY POINT and can gain you a long term source of residual income. Another major reason is the privileged of Consumer’s Empowerment”. In traditional business (e. g. Groceries, sari-sari store, convenient store, etc. ), you seldom get significant discounts. Unlike in MLM business, you don’t just get big discounts and rebates; you can also achieve your Life Dreams by creating a business of your own.

By ‘patronizing and endorsing’, you will get a continues source of residual income from the products of MLM business. In traditional business, you are just a lifetime customer but in MLM or Network Marketing business, you will become a businessman (Diagram 2). That is the great essence of this industry. The People’s Franchise McDonalds, KFC, Jollibee, Pizza Hut, Starbucks, Burger King and others are the leading Franchises here and abroad. They become bigger and bigger because of the interconnecting outlets to serve their lines of various products (from burgers, chickens, pizzas, etc. ) to their respective customers.

A Franchise is another form of Business Model or System whereby the Head Outlets sold their business concept and system to a group of qualified business operators for an affront franchise fee and royalties. On the average, the set-up capital of a well-known franchise system is ranging from P10,000,000 to P50,000,000 per store or even more depending upon to the franchisor-franchisee exclusive agreements before they grant and authorize the system and products in operation. MLM or Network Marketing is also another form of Business Model operating in the same function similar to traditional franchising on a micro-level capacity.

They greatest advantage of his business model is that you can easily set up your own outlets of franchises to your immediate concerns and potential business associates with almost the same income benefits of traditional franchising, and without incurring too much overhead and operating expense. It has a very minimal ENTRY POINT or START UP CAPITAL, normally ranges from P500 to P15,000 only, and can easily recover your initial investment (ROI) on a short period of time. And like Traditional Franchising, you can also expand your network of walking stores globally which establishes a ‘One World, One Market’ vision.

Another beauty of this system is that you can do it HOME-BASED. You are the BOSS and you can control your time activity. You can experience more TIME FREEDOM than any employees and professionals. By practicing the most important secret to wealth creation – The Law of Leverage, you can now gain ‘a maximum output from your minimum input’ by multiplying your time and effort through other people which accelerates GEOMETRIC GROWTH in your organization that could result to unlimited source of RESIDUAL INCOME. In this kind of business concept you will encounter lots of successful ordinary people earning extra-ordinary income.

Those who can understand the king of lifestyle this business has to offer – and that definitely achievable – work with a whole different attitude. Once you see the potential, you’ll never quit. When you start thinking of the time you can spend at home with your loved ones, plus the leisure, travel and all that money can do, you’ll get inspired to give it your all. The Credibility of Network Marketing Industry Network marketing or Multi-Level Marketing (MLM) Business will be the wave of the 21st Century. In June 1999, it starts to incorporate as part of curriculum in Ateneo de Manila University as a full 3 unit course.

Asian Institute of Management (AIM) in Asia include special course on MLM concept, principles and training. In United States, schools like University of Illinois and University of Houston have already teaching MLM subjects as part of their curriculum. The following are statistical figures and relevant facts about Network Marketing and Direct Selling Industry: In 1998, these industry generated an $80 billion retail sales world wide, including $22 billion in United Sates, $26 billion in Japan, $4 billion in Brazil, $3. 6 billion in Germany, $2. billion in both Italy and Korea, $2 billion in Mexico, $1. 8 billion in United Kingdom, $1. 7 billion in Taiwan, $1. 6 billion in Canada, and over $1. 5 billion in Australia, France and Argentina. Statistics in global market shows that there are about 33 million network marketing and direct selling associates as of 1998, including the 9. 3 million in United States, 2. 6 million in Indonesia, 2. 5 million in Japan and Thailand, 2. 4 million in Taiwan and 1. 8 million in both Brazil and Malaysia, 1. 3 million in both Canada and Mexico.

In the Philippines, there are about 1. 2 million people are estimated to be directly or indirectly participating in this business. Based on facts and figures above, it indicated that MLM Business is a fast growing industry and worthy to be considered as an alternative vehicle in your wealth building path. The 3 Pillars of Network Marketing Unlike franchises or conventional businesses, Network Marketing is the only business model that take advantage of all THREE important, yet misunderstood principles of: LEVERAGING–GEOMETRIC GROWTH–RESIDUAL INCOME

The combination of all three of these elements is what gives Network Marketing business model its synergy and exceptional performance potential. No other business systems take advantage of all THREE of those powerful forces with minimal investment of time and money. Whether it’s a traditional business or franchising. Both require major investments of time and money and special skills if you would like to be really successful. Unfortunately, these principles are not well understood by the majority of the population. This is one of the major reasons why so many people and aspirants failed in Network Marketing.

There are lots of other reason but this one is the foremost. Because if you don’t understand or believe in these principles, it’s possible to help others fully comprehend and appreciate them. Let’s face it; our educational system trained us to be conformists. To do what others tell us to do, and to prepare for a Job, not an entrepreneurial business system. Even though many people claim they like to be their own boss or to have their own business, only small percentage of the population possess the burning desire for success to risk stepping out of their COMFORT ZONES to pursue their lifetime dreams.

Most people are afraid of failures, and for them it may be better and easier to live life in a comfort zone. Others are satisfied or even happy with their jobs, incomes, or lifestyles. But if you are one among millions who desires for more FREEDOM and CONTROL in your life, you must understand the following Three Principles to achieve true success in Network Marketing Business. 1. LEVERAGING Every successful person or business (in or out of Network Marketing) takes advantage of leverage. By learning to leverage your time, you can also benefit from the activities of other people’s efforts that can dramatically increase your income and freedom.

Unfortunately in most traditional business, the only ones who benefit from leverage are the owners or stockholders. The loyal, hardworking employees do the most of the work. The unique and wonderful thing about Network Marketing business model is that everyone has the same opportunity to become OWNER of their own business – with a fraction of the investment of time and money of a traditional business or franchise. Here’s a scenario: “If you had the choice to receive 100% of one person’s efforts, or 5% of 100 people, which would you choose? ”

Obviously, the 100% of one is always only ONE. But the 5% of 100 is FIVE. That’s a 500% increase and is significant! Many talented people would rather just depend on themselves and have the difficulty grasping the importance of this concept. The beauty of this concept is that your income is not dependent on only a single person. If that person or associates gets sick, injured, disabled, dies, quit working, or decides to go on a long vacation, your income could stop. But if your income is produced by the activities of many, it is much more dependable.

Even if something unexpected or negative happens to effect on the total production. That’s what allows people who understand and take advantage of this concept to life the lifestyle they choose or get paid while on vacations. It’s great to get paid while you’re on vacation or doing other thing you love! That’s one of many advantages of leveraging your TIME, and is just one of many reasons why many high income professionals from all walks of like are flocking to get involved in Network Marketing. In MLM industry, you will have not only the FINANCIAL FREEDOM you desire but lso the TIME FREEDOM to enjoy it. Always ask yourself: “Where is my Lever? ” “I would rather earn 1% out of the effort of 100 people than to earn 100% of my own effort”. -Andrew Carnegie The 1st American Billionaire 2. GEOMETRIC GROWTH The best illustration of geometric growth that I have seen is the “centavo-a-day” example. If you start with one centavo, and double it every day until 30 days, the result is dramatic. You may refer again to my illustrative computation discussed a while ago. That is a simple illustration of how networking system work. If I can teach you, I’ve doubled myself.

If we teach someone else, we’ve doubled again and as this activity goes on and on up to infinity, it can produce amazing results in a relatively short period of time just like the ONE CENTAVO. 3. RESIDUAL INCOME Residual income is the recurring stream of income that continues to come to you long after the work you’ve done to produce it has ended. It is just like making money while you sleep. In other words, this is the result of one time effort that produces a lifetime source and flow of income. There are lots of ways to produce residual income but many people don’t understand, never thought about, or been exposed to it.

How much percent (%) of your income is residual? Leverage your time and effort on how to increase your residual. It is the best sources of income. Successful authors, musicians, actors, insurance agents, and network marketers are some of the familiar professions that produced residual income. Probably the simplest and best example of PASSIVE RESIDUAL INCOME is the Interest earned on money in the bank, Dividend payment on investments, or rentals from real state properties. It gets paid or credited to you without you having to invest any more time to produce it.

This concept of residual income is incorporated in the Network Marketing system. The moment you actively participate in this business, you will start to enjoy the benefits of residual or lifetime income. If you UNDERSTAND and BELIEVE in those three principles and find the RIGHT company, without doubt, you can succeed in this industry. If you are willing to TEACH these three principles to a few others, the results might greatly surprise you. “Once of the most noble of all profession is network marketing because you teach other people how to achieve their dreams and help to make a difference in their life” The Enlightened Network Marketer Think POSSIBILITY … Think LEVERAGE … Think FINANCIAL FREED

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