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Author: jkhbraveheart | Total views: 3 Comments: 0
Word Count: 724 Date: Tue, 8 Jan 2008 5:45 PM

Financial Freedom: Want to Know the Only Way for Most People to Achieve It?

Is financial freedom attainable for the average person? More new millionaires are being created in the United States now through businesses than ever before. Many of them are ordinary people, some with just a high school education. Perhaps you've heard of Dani Johnson, the homeless, high school educated cocktail waitress, who made $250,000 the first year she started her business from her Hyundai and a phone booth. Monica Tubbs was actively raising eleven children and started a business that made her $60,000 while keeping her priorities as a mom. John Pitlick was working fifteen hours a day in a corporate job. He got off the hamster wheel and in twelve months created a six-figure income, paid off $50,000 in debt and acquired over a million dollars worth of property. How did they do it? Can you do it?

Do you want financial freedom, to get out of debt, enjoy travel, buy what you want, perhaps to retire early. But do you want it at the expense of having to work all the time so that you can’t enjoy your life? The only way to have your money and your life is to find a way that your income doesn’t depend on the number of hours you work. Unless you are high on the corporate ladder after many years, or a major movie star, sports star or something similar, you won’t be able to get paid enough for time freedom, and even then, you won’t always be able to pick your hours of work.

Entrepreneur Robert Kiyosaki says the real reason most people struggle financially is that they never learn how to use leverage, how to create passive income, and how to make money and make money work for you. He says that people who create leverage are business owners, who get paid on the work of their employees, and can get paid whether the owner chooses to work at a particular time or not.

But how can the average person without special skills or a large amount to invest own a business? Franchises are very expensive, and usually require a lot of hours on the part of the owner for many years. How did Dani, Monica and John do it? Presidential advisor and economist Paul Zane Pilzer says the fortunes that will be made in the new millennium will be more in intellectual distribution: Educating consumers about products and services that will improve their lives. Network marketing is clearly the best vehicle we have today to educate people about new products and services.

Robert Kiyosaki’s book "The Business School for People Who Like Helping People" explains how network marketing works and is well worth reading. However, here’s a brief explanation: Imagine you work for a company where the boss tells all the employees that they will teach them about the business, will share in the company’s revenues in proportion to the number of productive new employees they bring into the company, along with paying them for their team’s total productivity (leverage).

Not only that, but they can work from home, choose their hours, get tax write offs, and when they want to retire, they’ll continue to get revenues from the part of the company they developed for life (residual or passive income). Network marketing works like that, except you’re not an employee, but an independent associate. People who build the largest and most effective teams earn the most.

Isn’t it a pyramid scheme? A pyramid scheme works so that the people at the top make all the money and nothing of real value is provided. People at the bottom lose out. There are pyramid schemes out there masquerading as businesses, but you can recognize the difference when you know what to look for in a business. In network marketing you don’t have to have been in the longest or at the top to make big money. In fact, in most good companies, you can do better than the person who brought you in if you work better (not harder, but more focused and with more personal freedom). And how to do that is even more interesting, as you’ll see in some of my other articles on financial and personal freedom.

About the Author

Hedy Bookin-Weiner, Life Style Mentor and Successful Entrepreneur, is helping many become the next success story. Whether you're looking to create an extra few thousand dollars per month, be an ex-corporate executive, or the next millionaire Mom, Hedy can assist you to create a second stream of income and greater peace of mind. visit : Financial Freedom




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