How
Do You Become Wealthy?
Wouldn't
you like to be in a situation where you had an ongoing income
large enough for you to forget about basic survival, and were
able to utilise your time and excess income to follow your dream
or assist the rest of mankind?
The
first step then is to find a passion, throw yourself into it and
look for ways to convert your skills into money earning potential.
Not
everyone dislikes their job, and many people make their 9 to 5
job their passion. This is not the way to wealth. It may or may
not give them job satisfaction but it won't bring wealth. As long
as you are being paid a fixed wage, or an hourly rate, you will
probably never save enough money to join the ranks of the wealthy.
If
you are already one of these wage earners, the next question of
course is how do you find the time in amongst earning a regular
income to refocus your life and follow a passion. Those of us
who realised this at school age and were able to head down the
path of following their passion and developing the relevant skills
to the exclusion of most other things probably don't have this
problem, as they wouldn't have been caught up in the bind of working
in a 9 to 5 job that they didn't particularly like. The rest of
us need to start following on a part time basis a passion which
has the potential to become full time when it gets going. It is
important to realise that this is a step of faith, and often needs
great determination to accept that our lives need to be refocussed
and we will be much better off in the long term for taking up
this challenge. Your passion needs to be one which will provide
an income stream which is r esidual ie, the money continues to
flow in after you have stopped working. Examples of this are an
author who writes a book and receives royalties forever more,
or an inventor who does likewise. The author earns nothing while
he is writing the book, but establishes a future income stream
which continues forever more. Likewise the inventor earns nothing
while he is developing the invention, and may spend quite a bit
of his own money doing so, but has the foresight and determination
to see it through to its conclusion.
What
if we don't have these abilities'? Is there another way we can
achieve the aim of owning our own business without risking any
capital, without having to worry about employees and which provides
a residual income stream in the same way as an author or inventor?
The
answer is yes. It is the relationship marketing system which has
become known as network marketing. Unfortunately network marketing
received a bad name in many quarters as it came through its developmental
phases over the past forty years, but with our current level of
computer technology and the Internet revolution, the industry
has changed dramatically and has become a highly sophisticated
industry. It is well worth a closer look for anyone who isn't
yet an author, an inventor or a highly paid celebrity, as the
way to achieving that residual income stream discussed above.
Read
on to find out more about marketing in the 21st century.
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