Archive for January, 2010

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The Power Of What We Create With A Residual Income Stream Through Network Marketing

Financial Advisors use the 10 Year U.S. Treasury Bond as a benchmark
to calculate how much money you would need to invest to receive a certain
amount of income. The following schedule highlights the amount of money
you would need to have invested to earn the income stream that a NWM
Business can give you if you develop the equivalent in RESIDUAL INCOME.
Your NWM Income Annual Earnings Asset needed
$300/mo $3,600/yr $90,000
$600/mo $7,200/yr $180,000
$900/mo $10,800/yr $270,000
$1500/mo $18,000/yr $450,000
$2100/mo $25,200/yr $630,000
$1500/wk $78,000/yr $1,950,000
$2100/wk 109,000/yr $2,730,000
$3600/wk $187,200/yr $4,680,000
This is just an EXAMPLE of how Powerful Residual income and Network Marketing can be in your quest for creating real wealth and time freedom in your life.

Let me please explain ‘The Power of what we create’ and the chart above to you in greater detail:

What we create is probably one of the most remarkable assets today and a Network Marketing company allows us to do it I believe quicker than almost any other vehicle out there.

The reason that we can do that, and you really should understand this, is that when we start to create an income stream we’re actually creating an asset.  But that asset is what we would call a hypothetical asset and the good news is we can’t get to it, so it’s allowed to grow without us having access.

The power of that is even if we look at a first simple step that if we create $300 and that becomes residual, we created approximately $300 a month, $3600/year, and that equates to an asset that you would need of $90,000 invested in a 10 year treasury at approximately 4%. Now, to create that same asset and to put that $90,000 into a treasury account you would have to have earned $180,000 because the government is going to take half of that.  So if you back up and look at what you’re creating within a matter of months, you have literally created an asset with a valuation $90,000.

So, those of you in the Network Marketing industry already should look back at what your income is and if you take your annual income and you multiply it by 25, you’ve literally analyzed what you’ve created as far as an asset so far! This is the kind of thing I think we need to talk to people about and tell them what we’re doing with our businesses and to really educate them on the power of building a business like this.

So if we say we’re doing $1500/month ($18,000/year), we’ve literally created an asset of $450,000 and that’s after taxes.  So we would have had to have earned almost a million dollars (because the governmentwill take about half).  I just hope you realize how powerful this is.  What we’re doing is creating an asset with no tax implications on the creation, only on the income stream.  And the same is true, God forbid, when we pass that asset on, since most NWM companies (good ones anyway) allow you to pass your residual income stream on to your family, etc.

This is something to think about when you are looking to partner yourself up with a NWM company. More about ‘What To Look For In A NWM Company’ in the BONUS chapter of this Manifesto which you will learn more about a bit later in this report.

So, when the income stream is passed on, there’s no tax implication. With the asset we’ve created, we’re basically able to will to the next generations at full value with the same income stream that we’ve created.  I mean there’s really again nothing as powerful today.  So I kind of wanted to get that message across to you so you really understand the power of the asset you’ve created/ or are in the process of creating. In a matter of a few short years you are creating massive incomes and massive assets.

QUICK TIP:

*This is an incredible tool to talk to people about your business and attract their interest from financial planners to successful quality business people.

To learn more about how you can create a Powerful Residual Income that you are able to will to your children and create time and financial independence (Real Wealth), visit the following link and you will be taken to Youtube and learn from Industry Expert Eric Henderson on the secrets that most Network Marketers and Entrepreneurs have no idea about on how to create the Power Of Residual Income in their lives.

To Your Success,

Eric Henderson

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The Funded Proposal Concept

This concept more than anything else in the industry (besides the internet and technology) has really revolutionized the way we can now go about building our Network Marketing businesses.

A funded proposal is a marketing plan where you sell an inexpensive information product to your target market, for example: like ABC Recruiting tactics .

Another way to say it is that it is a ‘Self Perpetuating Advertising Budget.’

This serves two purposes:

1. You gather highly targeted and motivated leads that have raised their hand and said, “I’m interested in what you have!” and they have further qualified themselves by pulling out their credit card and are BUYING something from you. This is a HOT lead!

2. You make immediate income that pays for your marketing and advertising.

Hence the term, Funded Proposal, you are funding your marketing and advertising.

The leads that you want are paying for your ads to find and qualify them.

It doesn’t get any better than that.

You advertise an information product, like (XYZ Business Book) that the people in your market (network marketers) need. In this case, your target market is network marketers, and they all need help in sponsoring more people.

You lead with “Free”, like the (5 Part Email Series on How To Become A Sponsoring Expert), which will sell an inexpensive product.

If this item has VALUE, then you can often up-sell your customer to other back-end products, such as information on how to generate leads, how to develop more customers, leadership training, and so on…

You are making money to pay for your advertising on the front-end, and more money on the back-end, whether your lead joins your primary business or not. You are actually making money off of the people that tell you NO to your primary opportunity (your NWM company).

When the information products are of high quality and bring genuine value and create real and lasting results, the Funded Proposal business model works like a charm. I am going to show you how to do all this and more in the near future.

Always remember, you’re not in Network Marketing, you’re in BUSINESS.

Yours in Your Quest For Ultimate Network Marketing Success,

Eric Henderson

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