Monday, November 8, 2010
Retire Young; Retire Rich
In every group of people, a few will retire young,
rich and worry free. A Few more will work hard and
long, but finally retire in comfort. Most however,
will slog through 45 years of their life in the
rat race, only to eke out their “golden years”
on meager pension.
What separates these groups? And what are the
secrets possessed by those in the first one? How
do they get so wealthy, so fast? And what can
someone do to ensure that they end up in this
group?
I am not referring to captains of industry, the
market traders, or real estate tycoons. For while
these people have amassed great monetary wealth-
they do not retire early, and they certainly do
not appear to be worry free. They are winning the
rat race but they are still rats.
Residual Income
The group I am referring to is a new breed of
entrepreneur- the individual who has built
walk-away residual income. These people have built
multi-level money making machine. One that showers
them with rewards, whether they remain working or
not.
Time for Money Trap
Most of us are prisoners in a dysfunctional
economic system. They are hostages in the
time-for-money trap. To receive more money, they
must work harder and longer. Most are stuck in
salaried positions or jobs restricting overtime,
so one job is often not enough. As a result, they
put their wives in the rat race also. At the end
of the day no one is looking after the kids at
home. They learn their lessons from those maids
and the television.
It is a vicious cycle and a foolish one…Because
as long as you play the “trading time for
money” game-you can never reach true financial
security.
Three Prosperity Principles
To attain true economic freedom requires that you
employ three basic prosperity principles;
1. You must employ the concept of leverage to
escape the trading-time-for-money
dilemma.(Network)
2. You must have a Mentor.
3. You must look in the mirror every morning and
know you are talking to the boss.
Once you have an understanding of these three
principles-and actively apply them in your
life-your prosperity is assured. These are the
fundamental anchors of network marketing.
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