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Posted on November 4, 2009 by Adam Bossen | Posted under Small Business
Grab a Pencil and Paper and Pay Attention!
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I know, you'll worry about your retirement later! After all that's a long way off, right? Well, in today's economy it's really not. It's something that is VERY important to you and those that depend on you for financial support. Your healthcare as you age into those 'golden' years? Boy, is that a hot issue right now; and it should be. The medical expenses for just one major illness or long term care for you or a family member would devastate anyone's savings whether they had insurance or not. Forgive me if I'm raining on your otherwise cheerful spirits...but stay with me for awhile and let's put a few talking points on the board, OK? Grab a pencil and paper. Alright add up the column and let's take a look at it. Just for the purposes of this article let's say that it's going to require $10,000 per month to accommodate the life style you're planning,(we're not even going to talk about the affects of cost of living increases). Now...add up your savings and your company retirement. Break it down by the month. If you were planning on a part time job to fill in the time then add that to the household income. OK! How's that retirement plan look? - For a $10,000 per month retirement life style you will need about $2.4 Million savings in the bank drawing 5% compounded interest! - Maybe you could reduce your expenses to only $5,000 per month with a part time job. Fair enough. $5,000 per month will require $1.2 Million in the bank. - Maybe a part time job and selling your belongings on eBay you can reduce the amount to $2,500 per month. That's $600,000 cash in the bank! OK, you see where this is going. My point is to stop you for a moment to face the reality of income potential between now and your proposed retirement age. Network Marketing... Wait...Wait...Hold it...Network Marketing is not a last resort for losers to beg money from their friends and relatives. Income from Network Marketing makes up 23% of the US GNP. Home based businesses are the fastest growing source of family income in the WORLD! Why? How? The internet. We are now living right smack in the middle of the Digital Revolution. Every Network Marketing business (I have a great respect for the business is why I capitalize) is operated and managed via the internet...technology. In fact, technology itself; cell phones, video telephones, electronics, etc., are some of the most successful Network Marketing businesses in the world.
Go ahead; put that dream of a $10,000 lifestyle back together. It's real and YOU can do it. Is it work? Yes. Are you going to get rich quick; some leaders will tell you that, NO. Not as quickly as you would like, but you'll be surprised how soon. Network Marketing is the greatest opportunity for you and me to realize our dreams today and tomorrow. It takes time and it takes some work at the first to get your business started. The secret is getting started. In the next 5 years how much are you going to be able to put in your savings account? If you spent the next 5 years building your own home based business you wouldn't NEED a savings account. And the beauty of a home based business in our world today? Your customers are WORLD WIDE, via the internet! Do your research; ask a lot of questions, there are hundreds of Network Marketing opportunities available to you. Some provide services, some products, some both. About The Author: Adam Bossen is a veteran network marketer. Adam is a Management Consultant of the Magnetic Sponsoring program. His blog and FREE weekly newsletters are always packed with great income producing tips, business shortcuts and ideas. GO TO: http://www.mlmprofitmentors.com/?c=ac Learn how to sponsor Reps: http://www.poolsideceo.com/?c=ac |
Tags: MIKE DILLARD, HOME BUSINESS, MLM, MULTI LEVEL MARKETING, MLM MARKETING, MLM HOME BUSINESS, MLM BUSINESS, MLM COMPANIES, MLM BUSINESS OPPORTUNITY, MLM CONSULTAN











