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Home / Finance / Personal Finance
Why Immediate-Leveraged-Income?
By:Esther Smith
There is an undeniable shakeup in corporate America; downsizing and layoffs, women hitting glass ceilings as promotions pass them by, large corporations dumping their employee retirement plans, and the frightening “finished at forty” syndrome.
If you are employed by a corporate company the battle cry is loud and clear – QUIT before you are let go.
But there’s hope. The Internet is the single most powerful force on our planet today. What took radio 38 years and television 15 years, the Internet has done in only 5, reaching 50 million users. Powerful force is an understatement.
Stephen Covey, author of The Seven Habits for Highly Effective People, said: “Network marketing has come of age. It’s undeniable that it has become a way to entrepreneurship and independence for millions of people.”
In the workforce, we consider “being promoted” as earning more and working less. With the same mindset regarding the Internet, if you want to earn more and work less, you’re going to have to start creating income streams that do not require your direct involvement: Immediate-Leveraged-Income.
Let’s pause here to differentiate between linear income and leveraged income.
Linear income is money you make through direct sales, or by working a 40 hour week and being paid a salary. Doctors and lawyers earn a higher linear income than say, a dressmaker or pizza chef. But it’s a fact: we all have a maximum of 24 hours a day which limits the amount of money even doctors and lawyers can personally generate.
Linear income is trading your time for money. Leveraged income is your money working for you. With the right business, by making one sale you’ve set into motion a chain of events that adds to your income and a new “pay line” has been generated. In the perfect scenario, this continues without end.
For leveraged-income to work smoothly it cannot consider an MLM type of program because of the attrition factor. These programs necessarily require you to constantly backup and repair the “leaky-bucket” syndrome. This cuts short a pay line, often permanently. Besides, small commissions result in small “pay lines”.
Search for companies that offer leveraged-incomes and compensation plans that pay a minimum of $1,000 per sale. If the commission isn’t jaw-dropping, why bother?
Would it be difficult to find one person a month to join you in a program like this? Just one per month who might be interested in learning about leveraged-income and enjoy more leisure time while controlling his/her own paycheck?
Do you know what happens when you double a penny every day for a month? At the 15-day mark, it's grown to $163.84. But by the 30th day, it's mushroomed to OVER 5 MILLION dollars!
Business entrepreneurs see the big picture and aim for financial security. Building assets from which their money will come in month after month, year after year from work he is doing today. Think of the composer or published author; their work is done once; they get paid forever because of that effort.
Business entrepreneurs like to call this their “money-machines”. And they understand that in order to build a money-machine, an investment is necessary. There is just no such thing as businesses without investments. Soon, those desirable 5-10 hour weeks become an urge that goes beyond mere need.
2006 © Esther Smith
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Article keywords: entrepreneur, home-basedbiz, internetincome, financialfreedom, workfromhome, nonMLM
Article Source: http://www.articles2k.com
Smith publishes a weekly syndicated Newsletter and has published numerous Articles on Sales and Marketing. If you would like more information about Immediate-Leveraged-Income, visit her here: http://www.exec-lifestyle.biz or write: esmith@exec-lifestyle.biz
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