Archive for Financial Destination Tips
Time Freedom: A Home Based Business Advantage
Posted by: | CommentsIn Network marketing you make the most important concept in life a reality, time freedom. With a proven network marketing strategy, this concept starts to take on a new form. It starts with 8-12 hours per week of working your business full-time. Part-time is about 4-6 hours a week and you can still make fortune. Time freedom is doing what you want when you want with out consulting your boss nor your bank account!! {This doesn’t include the wife}. With a few dedicated hours to the business, a true and the system leverage and time freedom are inevitable.
Network marketing doesn’t take a lot of time when you are working the plan/system that your company has given you. Leaders are just that: so be coachable and follow the system to guarantee your success. Learn the system of Invite, Expose, and Close to work your way out of work. Work with your leaders to develop your business plan then work your plan. For the time that you’ve committed to the business, time freedom does not mean that you don’t work your business. It just means that you are in control of your time and you own your own life. Network marketing does give you the leverage to develop Walk Away Income. That’s income and a system so large that you can literally step away from your business and there is more that enough money to support your lifestyle. True time freedom means that you can work you business in between life and still be very successful. Tracking your success with an activity log will allow you to take inventory and hold yourself accountable for your work and measure your results. Tracking is the difference between success and something less that that. The true work is CHOICE.
Your can chose success if you work your plan and your system, if you choose not to work you plan, then you’ll be one of the disgruntle reps on a blog somewhere complaining how network marketing doesn’t work. I love them, the blame their upline, blame the system, blame their town or their friends, but when I ask them to tell me about their day or their week, they never tell me about what they do to work their business. Network marketing is about working the business as you network, meet people and help people make money.
When you help enough people reach their goals, your goals happen automatically. One of our network marketing strategy that allows us time freedom is to work our business 24 hours a day through our website. Now with our system, meeting people has become easier than ever. We have people visiting our sites from all over and joining our company. This is true leverage. The internet has allowed us to continue to market when we are on vacation, having dinner, sleeping and still help people and build our business. Now that we are in a recession, people are looking for opportunity to make extra money, save more money, get out of debt, decrease their taxes and just learn more about money. We now say that we are doing that in our sleep. We are helping people and showing them how to do the same.
Network marketing is about a system. Every time you go McDonald’s the fries are always on the left because that’s the system. Owning a business is like owning a system but ran by people – they don’t have to be skilled, just coachable and work the system. True business is system dependent and not people dependent. That’s why high school students run McDonald’s all across the nation. Network marketing will pay better than McDonald’s, cost hundreds of thousands of dollars and pay you for a lifetime. But not just you, but also for generations to come. Contact me to discuss a plan or strategy to reach your goals. www.myfdiinfo.com
Enjoy Time Freedom And Let’s Go Sailing
Eliminate Debt: 10 -10 Principle
Posted by: | Comments10-10 Principle
The 10-10 principle is a very simple strategy to implement to increase cash flow. With the cost of gas, costs of food and the overall cost of living increasing it seems that everything is going up except people’s pay checks. Here is an opportunity for everyone to increase their monthly cash flow without getting a part-time job or even the better alternative, a part-time business. This is a small adjustment in spending that could give great results when it’s applied. One sure thing about any acquired knowledge is that is useless unless applied.
The 10-10 principle states that you find 10 expenses that you spend money on every month and reduce them each by $10. This will give you an extra $100 a month in cash flow to put into your family’s debt plan in order to bring your family closer to financial freedom. After you have successfully done this, then the next month reduce another 10 or the same 10 by another $10. This will create the necessary cash flow to help reduce the debt and expenses that you already have. This plan only works when you have a goal to secure yours and your family’s financial future. If your priorities are not in order, this plan will never work for you. If having cable TV is more important than your family’s financial future, this plan will not work for you. If Four Bucks Coffee is more important than your family’s financial future than this will not work. Some suggestions are:
1. Lunch Budget
2. Having a date night with REDBOX
3. Cable bill
4. Beer/ Wine Budget
5. Weekend Party Budget
6. Cell Phone Bill
7. Home Phone Bill
8. Useless Memberships (Gym, Clubs, and anything else unused for months)
9. Automatic Debits
10. Review Your Statement For Bank Fees (ATM, Overdrafts, etc) Challange them.
Be sure to watch for the Financial Fitness Test to determine where you are financially and what you may want to improve on to get your finances into the best shape possible. I also suggest that you get a FREE DEBT ANALYSIS HERE. This will give you a plan to get out of debt quicly without reducing any expenses.