MLM Help:
You ultimately want to get in a situation where you have enough income coming in from your investments to live comfortably.
The steps are simple:
Step 1 Get out of debt, everything but your home
Step 2 Go through a toys stage, but not for too long
Step 3 Pay off your home
Step 4 Invest in Cash flow Generating Assets
Step 5 Once you have enough cash flow coming in each month to live comfortably from your assets then you can move back into a toys or travel stage for as long as you choose and really enjoy your TRUE WEALTH
Dont fall into the trap that so many network marketers have over the years. Get mentally prepared now and make good decisions about your future and follow through with those decisions when the cash flows to you.
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Boyd on May 28th, 2007 at 6:44 am
Thank you for posting this advice! I know several network marketers that are making really good money but are spending it just as fast as it is coming in on liabilities. They are living paycheck to paycheck just like most people only on a higher level. Well this means that they could fall harder if something in there business turns sour.
It is great that they are successful within their mlm company but I think they still should prepare for the future and take all that money and invest in income producing assets. This would help ensure long term success more than anything else!