The Value Of Your Time
ILLUSTRATION: Let's suppose you earned $35,000 per year in your network marketing business by working 20 hours a week for 50 weeks - that's 1,000 hours in one year (most people work their Networking business only 7-10 hours per week). Because you can develop ongoing income, we can compare this to money earned from an investment.
TO OBTAIN A $35,000 PER YEAR RETURN: First you would have to earn $500,000. After you paid Uncle Sam (i.e. The Government) about 30% in taxes ($150,000) you would be left with $350,000 to invest. Let's say that you are a savvy investor who knows how to safely earn 10% on your investment (today people feel fortunate to get a 5% return). Your annual income, at 10% return, from this investment would be $35,000.
HERE'S THE POINT: $500,000 from 1,000 hours of effort equals an income of $500 per hour. If it took two years (2,000 hours), instead of one, to do this it would still equal $250 per hour. At three years (3,000 hours) you would still be making $125 per hour. Few people are able to earn this type of money, especially an ongoing Passive Income that can be passed on to their heirs. Therefore, by investing your time into learning and working your Networking business, you could earn the equivalent of $125 to $500 an hour. And that's just for starters!
ANOTHER WAY TO LOOK AT THE SITUATION: It costs you at least $125-$500 per hour not to get serious and build your Networking business. You really have to enjoy the Electronic Income Reducer (TV) a great deal to pass up what this Industry has to offer.
BOTTOM LINE: This business is unique and definitely worth the time and effort it takes to build it, and it's probably the most fun you'll ever have. Where else is there such a simple way to develop a residual income that not only can give you financial freedom to enjoy life, but also give you the ability to pass on security to your family? It truly is unique. Others deserve to know what you know, and it's up to us to let them know. That's what we get paid for.
You're beginning to learn the great worth of networking. This Rhino Tip was designed to help you understand how valuable your time spent in this business really is.
The question you should ask yourself is:
How Much Are You Worth?
Until Next Time, Go, Go, Go!!!
Jerry Clark
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"Dare to be what you ought to be; dare to be what you dream to be; dare to be the finest you can be. The more you dare, the surer you will be of gaining just what you dare!" ~~ Norman Vincent Peale
"Don't play for safety. It's the most dangerous thing in the world." ~~ Hugh Walpole
"Follow the path of the unsafe, independent thinker. Expose your ideas to the dangers of controversy. Speak your mind and fear less the label of 'crackpot' than the stigma of conformity. And on issues that seem important to you, stand up and be counted at any cost." ~~ Thomas J. Watson
"You can't be a winner and be afraid to lose." ~~ Charles Lynch
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Powerful stuff!
To Your MLM Success Made Easy
Christiane
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I'm Addicted to the Concept of
Network Marketing, are you?
www.fivestarmentor.info
1 Comments:
At 1:20 PM,
RBT said…
Countdown to Serenity: Firefly, Episode 7
A disclaimer: This is one of my favorite episodes. Sharp writing, great character development and high comedy, all in one 45-minute package.
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