Financial Intelligence Quick Quiz
What is an asset? :) Income! Very good! If you didn't know, then engrave this in your head. If you don't, it won't matter how much money you make, you'll always stay 30 days from broke.
Assets = Income
Liabilities = Debt
Build Your Asset = Build Your Wealth
I hope my last post was helpful in showing you that being wealthy doesn't necessarily mean making lots of money. You can be wealthy and only make P20,000 per month as an example. Granted, the more assets you build the more “wealthy” you'll be, but there is a lot to be said for peace of mind. And true “wealth” is having peace of mind because you have assets bringing in enough passive income to pay your liabilities. Now THAT'S peace of mind!
Now, something else that needs to be discovered for quickening your wealth building endeavors is what I call the "Carrot Chasing Syndrome". Most people have it. It's a syndrome that people deem as just "the way things are in life" when it fact, it's part of that scam I've told you about in my other previous post.
You may have heard of how you can dangle a carrot in front of a donkey and it will follow the carrot. Well, some farmers have used this method to get the donkey to do what they want it to do. The donkey follows the carrot while pulling the wagon and getting the owner where he wants to go.
At the end, all the donkey gets is a carrot. The donkey must always pull the wagon to get the carrot. This is what working a job is. The money is the carrot. We work, we get paid. The trick to this cycle is what do you do with the carrot once you get it? The donkey eats it! Poof, it's gone.
Are you the donkey too? The trick to building your wealth is holding on to the carrot and using it to generate other carrots, passively. Soon . . . carrots are coming out your ears and you're no longer WORKING for them!
This is also called "Delayed Gratification". It's a part of controlling the desires I talked about in my last post. The luxuries of life must wait while the asset building is going on.
In the case of the business opportunity we offer, all the income from your work needs to go right back into the business in the beginning. This way, you don't run out of carrots and you can continue to make your carrots multiply.
With any business, or asset building endeavor, money output is a must. It's necessary. The old saying is true, "It takes money to make money". The good news is these days it doesn't take a lot of money to get started.
The business has a few rather unique ways you can make money that work in the area of building your assets. You can become an affiliate for only P1,800. At this level, you have one basic way to make money and that is through direct sales of the business products, earning you 30% in retail sales commissions.
Then you can invite and sponsor others into your business and earn from their wholesale volume also. This means you will have multiple ways of making money instead of just one. And the best part is, you not only earn more money but you earn residual money! And get this, when you help the other people you've sponsored into your business to become successful like you, you earn a third and fourth income of lifetime royalty and bonus income. This greatly optimizes your efforts! Again...assets.
You will be learning much of this through the business system, so I won't cover the details here. Of course if you have questions, feel free to write any time.
Becoming successful in the business is a way of putting your carrots into your business so that you can generate more carrots. Without some carrot output, your passive income will not grow.
And this leads me to another point that goes along with this. The emotion FEAR. The word "emotion" stands for "energy in motion". Use your emotions in your favor and never make a decision based on emotion. You must use your head.
Be an observer, not a reactor to your emotions. Most people do not know that their emotions are doing their thinking for them. Fear will keep you trapped . . . handle your fear and desire and you'll be successful no matter what your income level is.
When tempted with a higher pay or a "golden egg" opportunity . . . your desires will rise. Greed kicks in and this too will be an emotion thinking for you . . . not your head. The ability to delay your emotions and think is a skill worth having. It will make or break your ultimate success financially and your success at being able to handle where you are no matter how much money you make.
Using fear and greed against yourself is a sign of ignorance. Most people live their lives chasing more money, bigger paychecks, better benefits etc. Carrots! It's like the donkey pulling the cart walking for the carrot being dangled by his owner. The owner is getting where he wants but the donkey is chasing an illusion. Tomorrow it will just be another carrot.
We go to school to learn a certain profession but unfortunately school is not the beginning but the end. Instead of this bleat ending so many suffer . . . use LIFE as your school. Continue to grow in self. School never ends. Ignorance becomes less prevalent in your life and good decision making will be the long term benefit.
Summarize!
Assets = Income
Liabilities = Debt
Build Assets = Build Wealth
Control Your Desire & Fear Emotions = Smarter Decision Making
Email us to learn more about this business opportunity that we offer. With knowledge, goals, a plan, taking action, financial success can be yours! The key is to not quit, and not give up on your dreams in life!
Click the links below to review more information on income opportunities to be financially free and or a millionaire.
Business Income Opportunity Event November 13 - 14, 2010 Manila
The Perfect Business?
Wanna Be Wealthy? Build A Pipeline
The Exponential Income Business Model Opportunity
Business Building Seminars
