Invest In Yourself, Invest In Your Future

Commonly held wisdom tells us that it is a very good idea to save 10% of what we earn.

Many popular authors of financial self help books explain in great detail that after 20 to 30 years this 10% savings can likely help you retire from your day job. In fact, you probably know of such people that live in your neighborhood that have paid themselves first in this manner and over the years amassed considerable wealth.

If you are able to sit down today and adjust your living expenses so that you can live on 90% of your income to start saving 10% you are fortunate indeed. Especially if you happen to live in an urban area where the cost of living is continually increasing. Additionally, if you, as many people do, already give regularly to a local church or charity 10% of your present income that will only leave you with 80% to budget.

Most people think such a savings strategy to be extremely difficult if not impossible to follow. However if you read more closely to the advice given by popular authors, they are trying to tell you that you should use some of the 10% you are saving to improve your skills so you can earn more. Their message is to continually improve your earning ability in order to increase the amount you can earn.

Nobody expects NEVER to get a raise or earn more money. They may not believe that this could happen any time soon at their current job but certainly they realize that their life's ambitions are not limited by their current situation. Unfortunately when they sit down and attempt to map out a financial strategy to get ahead they usually forget a basic fundamental economic principle. Learning new skills always means the ability to earn higher wages.

Even in something as simple as weaving carpets there are lousy cheap polyester carpets and very expensive Persian wool rugs. Some created by lousy carpet weavers at minimum wage. Other's created by expert carpet weavers that have studied their craft and honed their skills in modern factories.

Most people think earning more money means that they have to have a second and third and maybe even fourth job. How depressing! What they really need is an opportunity to earn more income and then have the income grow exponentially. In financial terms this type of income is usually called residual income.

When you go to an investment advisor they always like to explain that if put X dollars in an investment and reinvest the interest then it will begin to grow exponentially. If you practice this type of investment strategy it can lead to a very large sum after 20 years. Especially if over those years you contribute monthly a small amount to cause the principle to grow.

Network Marketing is a business opportunity that can lead to exponential income growth or residual income. You begin by starting a part time home based business usually called an independent distributorship that earns income by recommending the products to others and earning commission income on those referrals.

The key to exponential growth in Network Marketing that is important to understand is simply this: You always introduce the business opportunity to others when they buy the products because you are expecting to find some people who will also be interested in the business opportunity. Those people you train to do the same as you are doing. Recommend and introduce.

By sponsoring new distributors and teaching them to do the same a downline is created. Network Marketing companies pay a percentage of the retail cost of the products back to the distributors. This percentage is divided up amongst the distributors who had a part on recommending the products up to 8 levels deep in the downline. Like the interest investment, the goal is simply to continue recommending the products to others and training those whom you sponsor as new distributors to do the same. This activity ensures that you will experience exponential growth in your organization.

Over time this simple duplicatable activity will lead to a very large group of people who are doing the same work of recommending the products every day in your organization. Over time this also can lead to very large commission cheques because of the exponential growth.

By investing in yourself a small portion of the 10% savings to learn the art of network marketing you will have a new skill. This new skill will allow you to over a few short years to establish a business owned by yourself that's income is only limited by the number of people you introduce the business to as well as train them to do the same.

Since there are considerable tax advantages to owning a home based business you should also consult a tax consultant for information for your province or state. Usually the tax savings amount to over 10% of your income so if you're careful you can create a business that breaks even in the first month.

Success is not hard. It just takes a bit of work focused on the right activities, activities that create income.

Ted Sullivan is a Tahitian Noni Independent Distributor who is helping others succeed at Network Marketing. He owns http://www.nonijuiceint.ca/ http://www.nonijuiceint.us/ and http://www.eplanetnews.biz/ and uses them to develop his business online.

---

Ethical MLM, Network Marketing Work From Home Business Opportunity

What do you do to find an honest, ethical and... Read More

Is A Good MLM Sponsor Important?

You've found your new MLM product or service, it's a... Read More

Internet Marketing Idea: Use Internet Marketing to Sell Network Marketing or MLM

Experienced Internet Marketers and beginners alike have one thing is... Read More

How To Get Free Publicity For Your Home Business

Did you know you can get free newspaper and television... Read More

Network Marketing Training - MLM Success Secrets to SCORCHING MLM Leadership

As far as your Network Marketing business, Let me ask... Read More

MLM versus Pyramid

Many people don't know the difference between MLM and pyramid,... Read More

Nightmares on MLM Street

If you haven't already read the NY Times Best selling... Read More

Opt-in MLM Leads: An Overview

In multi-level marketing (MLM), or network marketing, the MLM business... Read More

Profiles Of Three Successful MLM Companies

Looking at MLM companies, you will find some of the... Read More

MLM Products - The MLM Success Formula for HOT Selling Network Marketing Products

You must understand this next statement:The successful network marketing company... Read More

Purposeful Web Site Planning - Dont Get Started Without Goals

It seems like everyone has a web site these days.... Read More

Why One Should Chose A Network Marketing Home Based Business

There are many advantages for having one's own business but... Read More

Network Marketing and Other Business Models

Before we move on to the definition of network marketing... Read More

How To Buy MLM Leads

You may wish to buy MLM leads from a reputable... Read More

Finding The Right Business For You: The Right Product

Okay - you've decided to take the plunge and get... Read More

The Nightmare of MLM Recruiting

The reasons for failure are quite simple but many have... Read More

MLM Home Based Business - Generating The Leads You Need

The biggest challenge for most any MLM home based business... Read More

Network Marketing Advertising Draws Interested Leads

Network marketing advertising is necessary to attract quality leads to... Read More

Discover How To Attract The Help You Need To Build Your Network Marketing

Positive thinkers dare to believe that the biggest and best... Read More

MLM Leads- MLM Leads Success Training- Part 1

MLM Leads are a great way to not only create... Read More

How To Do Effective Keyword Research To Find Good Niches

It is true that with online business, the entire world... Read More

Home Based Business Prospecting: How to Get 80% Of Prospects To Call You Back

If you are a representative for a home based business... Read More

MLM Blunders

It's really strange! Too many people start an MLM business... Read More

Advice For Selecting A MLM Home Business Opportunity

Looking for a MLM home business opportunity to start your... Read More

How To Find Your Perfect MLM Sponsor In 3 Easy Steps - Without Going Completely Insane

If you've never had the experience you're very lucky....You just... Read More

How To Run A Successful Home Sale Party

Coaching the HostPlan to spend some time with your Host... Read More

Why Your Network Marketing Efforts Are Failing

About once a week, I get someone struggling to build... Read More

Keep Getting Paid Over And Over For Every Sale You Make!

If we could all have one wish granted chances are... Read More

MLM Success Secrets- MLM Success in the FAST Lane

I had an upline once tell me, who by the... Read More

MLM Success - You MUST Know What the CORE of MLM Success Is

What is a CORE?It is the VERY Heart of something.... Read More

Why 95% of MLM or Network Marketing People Fail with Their Home Based Business

Every MLM or network marketing operation offers the same promises... Read More

The Big Dream Life

It's 9:36 am when your eyes suddenly pop open. You... Read More

3 Simple Tips Of Getting Referrals Without Any Fuss!

The first thing any business organization owes itself is self-perpetuation.... Read More