That's right! First of all it is one of your best financial assets you can have because YOU get to control it. Even if all you were making was $200 a month, did you know that you would have had to invest $120,000 at 2% to make that kind of money? Even to make $833.33 a month, you would need a half million saved up and earn 2% on it.
Yes, you have to do a little work to earn that little money, but how much would you have to work to earn the $120,000 or the $500,000? To me, it makes more sense to invest less than $1000 to net thousands of dollars a year. The other day, Rishon Ludders , an MXI Double Diamond, was telling us a financial advisor was telling her of a great investment. Put $50,000 into this investment and it will net you $5000. She didn't say over what time it would do this, but she was thinking of her first year in MXI. She had invested roughly $800 and, part-time she had earned over $30,000. She claimed she didn't even know what she was doing.
Today, we don't know what investments are going to do, but we can count on ourselves. Robert Kiyosaki, author of the book "Rich Dad, Poor Dad", in the interview posted, recommends being an entrepreneur is the best thing to be during these turbulent economic times. You can hear the interview here.
For one thing, no matter what country you live in, owning your own business gives you more tax deductions than working for someone else. I know quite a few people who thought to get ahead was to take a second job. In every case, people told me that all the money they made with their part-time job went to the government in the form of income tax. It put them up to a higher tax bracket.
I mentioned in the title of this article that your business is willable. Isn't it comforting to know that the business you are building today can be passed down to your children or family if anything happens to you? That is the best reason for me to build a business now for my children's future and their children's.
When I first heard about this business in 2007, I was planning on retiring. I thought that if the market doubled every 6 years, I would be financially independent until I die. The next year, the market crashed. I was so grateful to have the foresight to take charge and run a business, rather than leave it up to the market to look after me.
This business is about making money! If you are satisfied with what you are making, you don't need to read any further, but if you wish to make more, here is a suggestion. Ambassador, Kerry Dean, has been teaching this to her group. Give yourself a 10% raise each week. Who gets that in this day and age?
At first, it might not seem like much, but it is something all of us can strive for. Watch and record your QV volume each week. Then take 10% of the previous week's and add it to your volume this week after the autoships have gone through. Subtract the volume you have from the volume you want to reach. That volume is what you have to account for. Divide that total by 115, the QV on a box of chocolate . That is how many boxes you need to find.
There are many ways to find those boxes, depending on how large your business is. For example, if you're just beginning, to make that $200 a month just from the Infinity Bonus, you would need 500 QV on each side each week. That is less than 1 business builder (6 boxes or 600QV) on each side or 2 associates with 2 boxes each and 1 customer. I might add that the easiest way to make $200 a month is to share the business with a friend that starts as a business builder and one that starts with 2 boxes. If your business is bigger, you may search through your group to see who is missing a few boxes to move to the next rank.
This little exercise will definitely teach you how to count boxes, how to control your own business and ultimately to control your own destiny.
