The Power of Passive Income: Don’t Work For Money, Make Money Work For You...

PASSIVE INCOME is the secret to building wealth in today’s world — the ultimate key to true financial freedom and independence. Now, discover dozens of EASY, LOW-COST and even NO-COST ways to get your own 24/7 wealth engine up, running, and putting money into your pockets immediately, with little to NO effort on your part!

Passive income is money that is generated automatically and regularly, from a source or multiple sources other than your 9-to-5 job. Building wealth through passive income is exciting because it doesn’t require you to change careers or work two jobs … it minimizes your taxes and keeps more cash in your pocket … and it releases you from job dependence and makes you truly financially free.

My dear friends,

“No pain, no gain.”

“The harder you work, the more successful you’ll be.”

Those sayings make me think of the early twentieth century. When men marched each morning to a steel mill, or a coalmine, or a farm. Back then those sayings spoke the truth. The harder those men worked, the longer the hours, the more sweat they endured, the more money they brought home to their families.

Times have changed. The hard truth today is that there is often very little correlation between working harder and becoming wealthier. If that weren’t the case, teachers, outdoor laborers and social workers would be among the highest paid occupations that existed.

The reality is, they’re far from it. Discover the REAL Secret to Building a Never-Ending Stream of WealthYou depend on your paycheck. In fact, if you’re like many, you may even live paycheck to paycheck. Now imagine your paycheck no longer mattered — sure, you would still get your hard-earned money, but now you no longer have to DEPEND on it. Because now your paycheck is only a fraction of the total money that continuously flows to you every week and every month.

The fact is, with the right tools, your current paycheck will just be one small part of your total wealth.It’s the ultimate secret of all wealthy people, from well-known CEOs and entrepreneurs to all those millionaires next door. It’s the reason why they have so much more money and security than other people who are just as smart and who work just as hard (or even harder).

The difference is, the money they earn from their work makes up only a part — and often a very small part — of the money that comes into their lives. The rest and most important portion of their wealth comes from what is known as passive income.

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- Mutual funds vs. individual stocks: why one might be better than the other for you right now, and how that can change.

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- The purest passive income vehicle out there, and how to tell if it’s right for you.

- Why Warren Buffett may NOT be the best investing model to follow

- 2 questions to ask yourself, which, if you can answer yes to them, will virtually guarantee your real estate business will run itself.

- Why investing in real estate is SO MUCH EASIER, CHEAPER, and LESS TIME-CONSUMING than you might believe.

- The only thing you need to be extremely successful in real estate

You’ll also discover:

- Things you can do now to prepare your business to be franchised down the road.

- Solid investing opportunities you might not otherwise spot.

- 3 criteria you can use to determine whether your idea or business is a good candidate for franchising.

- The $500 low-tech investment that yielded a massive return.

- How to enjoy some of the excitement and action of stock market investing while still generating passive income.

- 5 hands-on ideas that should be on your mind at all times as a real estate investor.

- Surprising sources of intellectual property income.

- Play-it-safe investing options and more exciting ones.

- An ugly truth that you must accept if you’re going to make money in real estate.

- The “golden rule” of stock market investing. (Follow it, and day-to-day fluctuations won’t faze you.)

- Emotional considerations that must factor into your investing decisions.

- The common mistake investors make when looking for dividend-yielding stocks.

- The unvarnished truth about direct selling.

- The phone call you must make before you begin showing a rental property

AND SO MUCH MORE, including steps you can take to create a passive income legacy that will keep your money growing and helping people far into the future … how to avoid the negative effects of wealth … and many other tips, techniques, and strategies aimed at empowering you to create reliable, sustainable income streams that will free you to live life on your terms, without dependence on external entities or fear of financial ruin.

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Discover The Lies Of Network Marketing - Lie#2

Lie #2 – This really isn’t sales. We just share products with people.

“It’s not selling. It’s sharing!”

Doesn’t that just give you warm fuzzies inside?

This untruth also has a distant cousin which often takes the form of gibberish like this:
“Your family and friends should buy from you just because you’re you. I mean, why would they give their business to some large corporation when they could give it to a close friend or relative. It’s called keeping your money in close circles. People a hundred years ago used to do it.”

More about this in a minute.

First, let’s talk about the severe ramifications this whole idea of “sharing” has for people who are just getting started.

Here are the two major side effects of this lie:

Side Effect #1. There’s a huge deficiency of proper sales training because if it’s not sales, then there’s no need for sales skills. As a result, people are thrown to the wolves totally unprepared to retail their products and their opportunity.

Side Effect #2. People are set up for failure because they’re given false expectations about how easy this is going to be. Labeling this whole business as “sharing” makes it sound like child’s play. New distributors are given the impression they’re doing one thing, when in fact it’s something else entirely. They think this is going to be a cakewalk and when they find out it’s not they aren’t too likely to stick around.

When people are fed the idea that it’s simply a matter of sharing, they’re in for a very harsh reality check.

They go out and eagerly “share” their incredible product with all their family members, only to be sorely disappointed when they’re shot down. Then they’re baffled as to why it didn’t work for them.

One of the main reasons people tell this lie is because they don’t want to scare new prospects away.

They want people to get this nice, cozy feeling that all we’re doing is telling the rest of the world about our wonderful product and people will be so swept away by our enthusiasm that they’ll automatically buy.

After all, it’s common knowledge that most people hate sales. So uplines and sponsors will beat around the bush and basically sugar-coat this inconvenient and uncomfortable fact:
If You Are In Network Marketing, You Are In Sales.

Understand this: Anytime you’re asking another person to give you money in exchange for something, you’re talking about sales.

Selling is not sharing and sharing is not selling.

We’ve all heard it before. Word of mouth is the most powerful form of advertising there is, right?

Right!

What do you do when you see an incredible movie at the theatre? You tell your friends how awesome it was…how gripping the plot was…how engaging the actors were…blah, blah, blah, all that good stuff…and that they absolutely have to go see it. Same with eating out at a great restaurant or picking up your favorite artist’s new CD.

People will be very likely to go spend money on these things after hearing a glowing report from you, their trusted friend.

Here’s where the stick gets thrown into the spokes.

Your personal recommendation for all that stuff is so powerful because you have nothing to gain by “selling” them to your friends. As soon as you throw a financial interest into the mix, everything changes.

Both for you and for them.

For starters, you’re not as comfortable. You don’t feel as natural as you did with something you don’t make money off of. Now you’re forcing it and as a result, it just doesn’t “flow” the same.

It’s also different for them because they know you’re making money from the deal. It’s no longer an unbiased, “third party” opinion. People can smell an “incentivized” referral from a mile away. The whole dynamics of it has changed.

So the fact is, in network marketing you have now crossed over from the world of personal recommendation to the realm of direct sales. Don’t let anyone tell you they’re the same, because they’re not.

Once you get this you’ll understand that you do indeed need to learn effective sales skills.

It isn’t enough to just “recommend” your products to people you know.

Just Because Someone Is Your Friend Does Not Constitute
A Good Enough Reason For Them To Buy From You.

It’s their hard earned money we’re talking about here. And now you need to give them real, solid and compelling reasons to buy your product instead of all the similar ones out there.

There’s a story I have to tell you that illustrates this whole issue very well.

One of the upline mentors used to give people this analogy to explain to them how to retail the products.

He said that if he were to open up a McDonald’s franchise he would darn well expect all his family and friends to eat at his McDonald’s rather than any other fast food joint in town. So therefore, just the same, all your family and friends should buy your products instead of going somewhere else.

Well isn’t that nice.

What if your brother lives 40 minutes away from your McDonald’s and he’s got a Burger King that’s 3 minutes away. Is he still expected to drive all the way over to your business every time he wants a burger and fries? Or what if he doesn’t even like McDonald’s?

What if he doesn’t like fast food at all? What if your brother doesn’t even like you?

See where I’m getting with this? Just because someone is your friend/relative does not mean they will or should spend their money with you.

Yes, your warm market is an excellent way to go for retail customers…but…just as you would need to give a stranger strong enough reasons to buy your product, you need to do the same with your friends and family. You can’t expect them to buy from you.

You know, there are families who will give each other their business no matter what. No matter how inconvenient it may be, regardless of whether they even like the product or not, they support each other in all their endeavors.

If your family is like that, great. But mine sure isn’t. And the reality is, a lot of people’s families aren’t like that.

So what it comes down to is this: Learning effective sales techniques is mandatory for success. You have to understand the sales process and what really motivates people.

For starters, know that…

When It Comes To Selling (And Therefore Network Marketing),
Far Too Much Attention Is Paid To The Product And
Far Too Little Attention Is Paid To The Person Doing The Buying!

Because there is one thing and one thing only that’s on your prospect’s mind…“What’s in it for me?”

And the successful salesperson is not the one who knows their product inside and out and can talk the other person’s ear off…it’s the one who can best make the connection between their prospect’s true desires and how their product/service will fulfill those desires.

Simply getting excited and telling someone about your product is not enough to consistently bring in sales.