Money smart skill # 2– Increase your cash flow monthly
I started my journey to becoming money smart in 1993. Before that time I was not money smart. I was self employed, working 70 to 80 hours a week and burned out doing a profession I loved. My horse clients and patients meant everything to me but I wanted more time to spend with my own horses and I wanted to be able to afford to have my own farm and my own home.
As fate would have it, a trusted friend introduced me to network marketing. Lacking money smart skills, I did not immediately see the business model as anything different than selling products. I was game, however, and jumped into the company and built me a nice base of customers.
To this day I still use the products from my first company and maintain many of my original customers but in the beginning finding customers was very time intense and even though my income did go up my time freedom was even less. I was pretty miserable.
When I read two books by Robert Kiyosaki, Rich Dad Poor Dad and the Cashflow Quadrant, I realized I had to do something to increase my cash flow monthly that did not require me to work more hours. I set my sights on a figure that looked reasonable and would make a big enough difference to keep me motivated.
After 10 years of working with my first company I realized their business plan was not a fit for the time freedom I was seeking. I was wanting a company with a model that would not require me to personally sell lots of products. I wanted to find a team of people and build me a network of customers who would also find customers. I found what I was looking for in another company introduced to me by again by a trusted friend.
Even though I had surpassed my cash flow monthly goal with my first company I did not have the time freedom. I wanted time with the horses, my own farm and home. I joined another company in 2005 and proceeded to focus on building a network of partners into my busy schedule.
Now the majority of my partner/customers are also seeking financial and time freedom. Face it, network marketing is not for everyone and the business partner approach is only for the super committed but if it sounds like a fit for you give me a call. Madalyn
PS I now have my own farm and ride almost every day.
I’ll be up front with you, this entry is some fantastic material you’ve got here.
I am so glad you like the material. I don’t see this information in the mainstream and it has changed my life. Please pass it on to others you feel may be interested. Thanks so much for giving me my first comment. It means a lot. Madalyn
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Very helpful post man, thanks for the info.