Number 1 – Find a Profitable Low-Cost Opportunity. We recommend Savings Highway Global. It has Services that we promote that help people save, on average, over $5,000 yearly, who doesn’t want to save money.
It’s only $20 to start and…there’s nothing to sell. Tell people you’ve saved money on Groceries, Car Insurance, Dining Out, Cell Phones, Homeowners Insurance…etc. There’s a lot more but you get the idea.
Basically, it’s savings on stuff you are going to buy anyway. Tell people you’ve saved, and they will want too also. Enroll just 2 people. Show them how to enroll 2 each then build down to 10 levels and you have a $88,599 monthly residual income.
It will take a little time to get there but if you only did 10% of that you’d still have over $8,000 per month coming in. They pay every Wednesday.
Number 2 – Now that you’re in business, you’ll need to free up a bit of money for ads to place, maybe flyers to print etc. The main reason people fail with a new business is they don’t have enough money to operate it over the month or two it takes to get into profit. So…they quit.
Here's where Uncle Sam helps. Got to your 9 to 5 and change your payroll deductions. You’ll want to take less deductions so that you increase your take-home pay. Now you have extra money for the business!
This is safe to do because Uncle Sam allows you to take deductions for your business. Any business cards, flyers, mileage, holding meetings, your Internet, and lots more! There are frankly so many deductions they allow that you can significantly lower the amount of tax you pay at years end.
And, you do not have to have a profitable business to qualify for this. Uncle Sam says you just must ‘intend’ to make a profit!
Number 3 – Save at least 50% of any income or commissions you earn from your new business! Don’t go crazy and start buying a bunch of stuff. Wearing an 8lb gold chain or buying an expensive car doesn’t tell me you’re a success. All that tells me is you're being frivolous and are not planning for the future. Being able to be debt free and being able to put money to work investing tells me you’re successful and have your act together! (Just saying…)
Number 4 – Give back by teach others how to do the same thing you’ve done. People that try to earn extra income by joining you in your opportunity deserve all your help. They’ve made you the money you’re enjoying so help them continue to do that. It’s a win-win situation for everyone.
Number 5 – Finally…hedge your bets by building a 2nd opportunity. Now that you have the first opportunity, you’ll want to take your team on to even more success. Besides, what if your first business failed and you didn’t have any back up? You want to have something to fall back on. A 2nd and/or a 3rd income maker is how you protect your money and your team’s business health. For a 2nd opportunity we like CannaGlobe. The Wall Street Journal predicts this will be a $310 Billion Dollar Industry by the year 2030! Check it out at: click here
This should give you a great start in your online adventure. Lisa and I look forward to working with you.
All the best…