Categorized | Make Money Online

Residual Income From a Home Based Business is Better Than Winning the Lottery

Can you strike it rich without winning the lottery? Yes, you can. Thousands of people are doing it every day. It does not take a genius or odds of 1 in 250,000,000. All it takes is a little research and some effort.

How much money do you need in order to supplement your income? Or, do you want to replace your income and enjoy personal and financial freedom for the rest of your life? I know this sounds like a far-fetched dream, but it is not. If you COULD have personal and financial freedom, how much effort would you be willing to put forth? What if I told you that you could realize that with about 5 hours of work per week to start? First let me show you what you have to gain.

If you wanted to have $ 500 per month in extra income, in 5 years, how much would you have to have invested to accomplish that? At 6% simple interest – a little higher than a Money Market account return – you would have to have $ 100,000 invested. How long would it take you to save that amount of money? In 5 years, you would have to save $ 1667.00 per month, every month.

If you wanted to have $ 5000 per month in extra income, in 5 years, at 6% interest, you would have to have $ 1,000,000 invested, which would require you to save $ 16,667 per month for 5 years. However, you would only have to 250 people in your personal Network Marketing group.

$ 10,000 per month would require saving $ 33,334 per month for 5 years to accumulate an asset of $ 2,000,000. Or you could have 350 – 450 people in your personal Network Marketing group.

What if I told you that you could have $ 500 per month in extra income working 5 hours per week in only one year ? Yes, in Network Marketing, this can easily be achieved. You would be performing seemingly small actions, on a consistent basis.

But, how many people would you need in your group? It varies from company to company, but I know of one 5 Pillars company where you would only need about 25 people in your personal group. That is a recruitment goal of only 2 people per month. And, with others in your personal group recruiting to build their own businesses, you would not need to recruit 2 people per month. Your team members would be building their businesses, helping add to your personal group.

At a certain point in your business, you hit critical mass and your personal group grows very quickly. But to be on the conservative side, I've calculated these numbers on a 5-year plan.

All that time you spend driving to the convenience store, purchasing a lottery ticket, then driving home, could be sent on building your own business with residual income that would last your lifetime. The odds are very much in your favor to amass an excellent income with just a few small actions per day.

"If you learn to understand and apply the Slight Edge, your life will become filled with hundreds of thousands of small, seemingly insignificant actions; all of them easy to do, none of them mysterious, complex or difficult. And those actions will create your Success. That's what successful people do: simple things that are easy to do. " Jeff Olson "The Slight Edge"

By working on your Network Marketing business a little every day, you could build your own business. Those odds are far better that trying to win the lottery, and you would have what you dream about: Personal and Financial Freedom.

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