If you've been looking for a way to make some extra money, or even replace your current income, you've probably looked into some MLM opportunities. There are many reasons why you would want to consider MLM opportunities as your vehicle to financial independence. In this article, I will discuss some of the many benefits of MLM and why this is one of the best ways to become financially free.
Leverage:
MLM opportunities can literally explode your income based on the concept of leverage. By building a downline of distributors or reps, you can leverage on the work of others to help increase your income via your chosen business.
Income Potential:
The potential to make large amounts of money through network marketing makes this an extremely favorable business format. Where else can you make a 5 or 6 figure income, without having to slave away at a job. Don't be mistaken. MLM businesses do require hard work and dedication. But, the rewards more than make up for it.
Your Own Schedule:
One thing that really makes MLM an attractive business, is the ability to make your own schedule. People are tired of working a job where their boss tells them what to do and when to be at work. MLM opportunities eliminate this. Of course, you should schedule yourself to work your business on a regular basis. But this scheduling is completely up to you.
Builds Character and Confidence:
Other than the financial benefits of MLM, another benefit is the confidence and character building that comes with working in this industry. In order to be successful, it is important to convey a professional image, friendly personality, and be able to talk to people with poise and confidence. Network marketing will help you develop these traits.
In closing, I would like to say that MLM opportunities are responsible in great part for helping me develop into a better human being. Other than the financial benefits, It has helped me develop into a more confident and caring person. MLM opportunities can do the same for you.
Article Source: http://EzineArticles.com/?expert=Kurt_A_Tasche
Sunday, November 30, 2008
Wednesday, September 17, 2008
It is not enough just to visualize for a few times, and then wait for miracles to happen.
- You need to have a strong desire and motivation, and the commitment to do whatever is necessary to achieve your goal.
- You need persistence, concentration, the ability to visualize, and at least some degree of self-discipline.
- You need to learn to recognize opportunity when it appears, and to be willing and ready to take and use this opportunity.
- You need to be willing to act and take the required steps whenever needed, and not just wait for your desires to materialize from thin air or suddenly drop on you from the sky.
In order to take full advantage of the law of attraction you need to know certain rules and follow them. It is true, some people achieve great success, without knowing much or anything about the law of attraction, but they intuitively use it correctly.
The law of attraction is not a method for getting rich quickly, without doing anything. It requires mental work, focus and visualization, and also the willingness to follow the mental work with any required actions on the physical plan.
The law of attraction can manifest your desires in many ways, sometimes obviously and directly, and sometimes in an indirect way, through various steps. Sometimes you might attain your goal in a sudden or miraculous way, and at other times slowly or indirectly, one thing leading to another. People might offer you help, a new job might open, an idea might pop up in your mind, or you your intuition might tell you to follow a certain course of action. These are just a few of the many ways, through which this law can help you manifest your desires.
By Remez Sasson
- You need persistence, concentration, the ability to visualize, and at least some degree of self-discipline.
- You need to learn to recognize opportunity when it appears, and to be willing and ready to take and use this opportunity.
- You need to be willing to act and take the required steps whenever needed, and not just wait for your desires to materialize from thin air or suddenly drop on you from the sky.
In order to take full advantage of the law of attraction you need to know certain rules and follow them. It is true, some people achieve great success, without knowing much or anything about the law of attraction, but they intuitively use it correctly.
The law of attraction is not a method for getting rich quickly, without doing anything. It requires mental work, focus and visualization, and also the willingness to follow the mental work with any required actions on the physical plan.
The law of attraction can manifest your desires in many ways, sometimes obviously and directly, and sometimes in an indirect way, through various steps. Sometimes you might attain your goal in a sudden or miraculous way, and at other times slowly or indirectly, one thing leading to another. People might offer you help, a new job might open, an idea might pop up in your mind, or you your intuition might tell you to follow a certain course of action. These are just a few of the many ways, through which this law can help you manifest your desires.
By Remez Sasson
Making The Law of Attraction Work For You
The law of attraction is not a new idea. It has always been here from ancient times, and people have always used it. Hunters, who painted scenes of hunting on the walls of caves thousands of years ago, used the law of attraction. Businessmen, who visualize and plan what they wish to accomplish also use it. You use it too, whenever you think, make plans or daydream.
Books on this subject started to be popular more than a hundred years ago, but the authors of these books did not use the term "the law of attraction". They called it the law of opulence, mental power, mental magic, the power of thoughts or creative visualization. It is the same law, the same power, only with a different name.
William Walker Atkinson, Richard Ingalese, Opheil and many others, have written books on the power of the mind to attract what one thinks about, many years ago, and these books are still popular and available nowadays at bookstores. Other known authors are Joseph Murphy, Napoleon Hill and Wallace.D.Wattle. Later, Shakti Gawain wrote a book on the subject and popularized the term "Creative Visualization".
All of these books are on what is now termed "The law of attraction". As you see, it is not a new subject, but due to the media, it became a "hot" subject today. If you look around in bookstores, the Internet, TV and the newspapers, you will find many new books and articles on this subject budding every day. It is said that there is nothing new under the sun, just a change of terms or names.
The message of all these books is that if you keep thinking upon a certain subject, you will ultimately attract it into your life. Thoughts, mental images and feelings can move the subconscious mind and the Universal Mind to act on your behalf and manifest your desires.
This is a most inspiring and elating idea, and is the reason why so many people are fascinated by what the law of attraction can do.
The fact is that inspiration and feelings of elation are not enough to make this law work. You need to know what to do and how to proceed; otherwise you will get no results. Just thinking for a little while about what you wish to achieve is not enough, and might lead to disappointment, discouragement and losing of faith in the law of attraction and the powers of the mind, if you don't get immediate results.
Reading books or articles on this subject awaken a sensation of power. The realization that you can transform your life and create success brings excitement and hope, but these feelings can change into disappointment and frustration, if you don't know what to do next.
If you are told that you can attract anything you want into your life, but are not provided with the proper guidance and practical instructions, how can you proceed?
It is not enough just to think about or visualize what you desire for a few minutes, and then let doubts and disbelief fill your mind for the rest of the day.
By Remez Sasson
Books on this subject started to be popular more than a hundred years ago, but the authors of these books did not use the term "the law of attraction". They called it the law of opulence, mental power, mental magic, the power of thoughts or creative visualization. It is the same law, the same power, only with a different name.
William Walker Atkinson, Richard Ingalese, Opheil and many others, have written books on the power of the mind to attract what one thinks about, many years ago, and these books are still popular and available nowadays at bookstores. Other known authors are Joseph Murphy, Napoleon Hill and Wallace.D.Wattle. Later, Shakti Gawain wrote a book on the subject and popularized the term "Creative Visualization".
All of these books are on what is now termed "The law of attraction". As you see, it is not a new subject, but due to the media, it became a "hot" subject today. If you look around in bookstores, the Internet, TV and the newspapers, you will find many new books and articles on this subject budding every day. It is said that there is nothing new under the sun, just a change of terms or names.
The message of all these books is that if you keep thinking upon a certain subject, you will ultimately attract it into your life. Thoughts, mental images and feelings can move the subconscious mind and the Universal Mind to act on your behalf and manifest your desires.
This is a most inspiring and elating idea, and is the reason why so many people are fascinated by what the law of attraction can do.
The fact is that inspiration and feelings of elation are not enough to make this law work. You need to know what to do and how to proceed; otherwise you will get no results. Just thinking for a little while about what you wish to achieve is not enough, and might lead to disappointment, discouragement and losing of faith in the law of attraction and the powers of the mind, if you don't get immediate results.
Reading books or articles on this subject awaken a sensation of power. The realization that you can transform your life and create success brings excitement and hope, but these feelings can change into disappointment and frustration, if you don't know what to do next.
If you are told that you can attract anything you want into your life, but are not provided with the proper guidance and practical instructions, how can you proceed?
It is not enough just to think about or visualize what you desire for a few minutes, and then let doubts and disbelief fill your mind for the rest of the day.
By Remez Sasson
Sunday, September 14, 2008
Increase Financial Literacy to increase Wealth!
Albert Einstein said Compound Interest is the 8th Wonder of the World!
When Albert Einstein discovered the Compound Interest Rule of 72, he said that compound interest is the Greatest Invention because it provides a Systematic Way of Increasing Wealth!
What exactly is the Rule of 72? Simply stated, it estimates how many years it take for your Money or Debt to double in value. All you have to do is simply divide the number 72 by the Annual Rate of Returns you get from your savings/investment.
Eg. if you earn 3% annual returns on your savings, it would take 72 divided by 3 = 24 years for you to double your money. Eg. if you earn 3% on S$10,000, it takes 24 years for you to double the money (Grow the money) to S$20,000.
Increasing Returns can help You Retire Young, Retire Rich!
However, if you can earn 7% annual returns, it only takes about 10.28 years for you to double your money. Thus, by increasing the returns on your Money, you are actually gaining Life (well, if you think about it, Life is the years of you live). So imagine, by increasing returns from 3% to 7%, you save about 14 years of your Life to double your money. Thus, if you want to Retire Young and Retire Rich, you ought to start making your money work harder for you rather than just you working so hard for your money.
The most amazing thing about the Power of Compounding is that the Power GET Bigger and More Powerful Over Time. If you have S$20,000 and earn 3% returns, over 40 years, your money grows to S$65.2k. However, if you earn 7% returns, over 40 years, your money grows to S$299.5k, or 359% MORE!
Rule of 70 to calculate Impact of Inflation
Another not so commonly known rule is the Rule of 70, which basically measures how many years it takes for your money's buying power to halve (drop by 50%). Thus, if the inflation rate is 3.5%, using the Rule of 70, it takes about 70/3.5 = 20 years for S$1 to become S$0.50.
With Inflation in Singapore running at over 7% in April and May 2008, what it means that if inflation continues at 7%, it takes 70/7 = 10 years for S$1 to become S$0.50!
What are you doing to protect yourself against Inflation?
So how to protect yourself against Inflation? The only way other than working harder to increase your income, is to make your Money Work Harder for you. You need to aim for your money to get an annual returns of about 7% or higher to be Richer.
When Albert Einstein discovered the Compound Interest Rule of 72, he said that compound interest is the Greatest Invention because it provides a Systematic Way of Increasing Wealth!
What exactly is the Rule of 72? Simply stated, it estimates how many years it take for your Money or Debt to double in value. All you have to do is simply divide the number 72 by the Annual Rate of Returns you get from your savings/investment.
Eg. if you earn 3% annual returns on your savings, it would take 72 divided by 3 = 24 years for you to double your money. Eg. if you earn 3% on S$10,000, it takes 24 years for you to double the money (Grow the money) to S$20,000.
Increasing Returns can help You Retire Young, Retire Rich!
However, if you can earn 7% annual returns, it only takes about 10.28 years for you to double your money. Thus, by increasing the returns on your Money, you are actually gaining Life (well, if you think about it, Life is the years of you live). So imagine, by increasing returns from 3% to 7%, you save about 14 years of your Life to double your money. Thus, if you want to Retire Young and Retire Rich, you ought to start making your money work harder for you rather than just you working so hard for your money.
The most amazing thing about the Power of Compounding is that the Power GET Bigger and More Powerful Over Time. If you have S$20,000 and earn 3% returns, over 40 years, your money grows to S$65.2k. However, if you earn 7% returns, over 40 years, your money grows to S$299.5k, or 359% MORE!
Rule of 70 to calculate Impact of Inflation
Another not so commonly known rule is the Rule of 70, which basically measures how many years it takes for your money's buying power to halve (drop by 50%). Thus, if the inflation rate is 3.5%, using the Rule of 70, it takes about 70/3.5 = 20 years for S$1 to become S$0.50.
With Inflation in Singapore running at over 7% in April and May 2008, what it means that if inflation continues at 7%, it takes 70/7 = 10 years for S$1 to become S$0.50!
What are you doing to protect yourself against Inflation?
So how to protect yourself against Inflation? The only way other than working harder to increase your income, is to make your Money Work Harder for you. You need to aim for your money to get an annual returns of about 7% or higher to be Richer.
Monday, August 18, 2008
Do you want to continue working 50, 70, 100 hours a week the rest of your life?
Good! Neither do I.
Do you want to be able to take time off whenever you want to, without worrying about what's going to happen to your business?
So do I!
There's a saying in the corporate world: "Don't make yourself irreplaceable. If you can't be replaced, you can't be promoted." As an entrepreneur, this is still true in its own way. Let's think of "being promoted" as earning more and working less. You can raise your prices, but until you can remove yourself from being directly involved in doing the work that generates the income, there's always going to be a limit to how much you can earn, and it can only increase very slowly.
Passive income, on the other hand, is income that does not require your direct involvement. Some kinds of passive income you may be familiar with include owning rental property, royalties on an invention or creative work, and network marketing. If you want to earn more, work less, and have a decent retirement, you're going to have to start creating income streams that do not require your direct involvement. Whether you're just starting your business, or you've been running it a while, the sooner you start thinking about how you are going to shift your business model to create more passive income, the sooner you can achieve personal and financial freedom.
Do you want to be able to take time off whenever you want to, without worrying about what's going to happen to your business?
So do I!
There's a saying in the corporate world: "Don't make yourself irreplaceable. If you can't be replaced, you can't be promoted." As an entrepreneur, this is still true in its own way. Let's think of "being promoted" as earning more and working less. You can raise your prices, but until you can remove yourself from being directly involved in doing the work that generates the income, there's always going to be a limit to how much you can earn, and it can only increase very slowly.
Passive income, on the other hand, is income that does not require your direct involvement. Some kinds of passive income you may be familiar with include owning rental property, royalties on an invention or creative work, and network marketing. If you want to earn more, work less, and have a decent retirement, you're going to have to start creating income streams that do not require your direct involvement. Whether you're just starting your business, or you've been running it a while, the sooner you start thinking about how you are going to shift your business model to create more passive income, the sooner you can achieve personal and financial freedom.
Sunday, August 3, 2008
Three basic principles of network marketing
1) There are no shortcuts. As with any endeavor, if you want to succeed you must be prepared to work hard, and work smart. And that starts with mastering the skills that have been proven to work by the millions who have already built successful businesses.
2) There are no excuses. If something isn’t working for you, you have to be prepared to change. That doesn’t mean looking around for a better company, a better system, or a new idea. It means changing you. Perhaps your attitude, the way you present yourself, the way you communicate, or your understanding of how the business works. Determine where to focus your time, energy, and resources to enhance your chance of success.
3) There are no trophies for trying. Network marketing rewards results. Not everyone will make it because not everyone is prepared to do what it takes. If you are prepared, the rewards you receive will make it all worthwhile. If you decide network marketing is not for you, you will have risked nothing and lost nothing. One of the strengths of the industry is that you can even keep your regular job while you are building your business.
2) There are no excuses. If something isn’t working for you, you have to be prepared to change. That doesn’t mean looking around for a better company, a better system, or a new idea. It means changing you. Perhaps your attitude, the way you present yourself, the way you communicate, or your understanding of how the business works. Determine where to focus your time, energy, and resources to enhance your chance of success.
3) There are no trophies for trying. Network marketing rewards results. Not everyone will make it because not everyone is prepared to do what it takes. If you are prepared, the rewards you receive will make it all worthwhile. If you decide network marketing is not for you, you will have risked nothing and lost nothing. One of the strengths of the industry is that you can even keep your regular job while you are building your business.
Earning while learning
Network marketing is one of the few businesses where you can earn as you learn, right from the start. If you find yourself faltering:
1) Think of the millions who labor through years of university or college for a chance to join the ranks of the higher-income earners.
2) Think of the millions who invest their own capital in a business only to end up working horrendous hours trying to make it pay against all odds.
3) Think of those who waste their life stuck in traffic, as they commute to the office and back.
4) Think of those who miss pivotal events in their children’s lives, due to work commitments.
5) Think of those who dread going to work each day to boring, repetitive jobs, not to mention having to work with and for people they wouldn’t spend time with under any other circumstances.
6) Think how lucky you are that you are at the helm of your own low-risk, high-reward business—business where you get to decide how your time will be spent and with whom you will spend it.
1) Think of the millions who labor through years of university or college for a chance to join the ranks of the higher-income earners.
2) Think of the millions who invest their own capital in a business only to end up working horrendous hours trying to make it pay against all odds.
3) Think of those who waste their life stuck in traffic, as they commute to the office and back.
4) Think of those who miss pivotal events in their children’s lives, due to work commitments.
5) Think of those who dread going to work each day to boring, repetitive jobs, not to mention having to work with and for people they wouldn’t spend time with under any other circumstances.
6) Think how lucky you are that you are at the helm of your own low-risk, high-reward business—business where you get to decide how your time will be spent and with whom you will spend it.
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