Money smart tip: Cash flow monthly in your mailbox may beat your paycheck in a recession economy
I have been following the job report numbers in this recession economy and I can’t help but think people are missing the bigger picture. Here are a few things to ponder.
What if the increasing number of unemployed is an indicator that we are shifting into a new paradigm where people seek cash flow monthly in place or in addition to a paycheck?
What if we are moving out of the industrial age and into the age dominated by entrepreneurs?
The paradigm shift is away from manufacturing and big business and to individual entrepreneurism.
The shift is from the occasional individual entrepreneur like Bill Gates or Steve Jobs to a whole age of enlightened entrepreneurism where lots of regular people like you and me say we no longer accept the limitations of trading time for money. We may continue to have those sources of income but we can also have cash flow monthly from our own businesses we create on our own time and in our own way.
The enlightened part comes from the fact that as more entrepreneurs have money, that wealth will be willingly shared with others who are less fortunate and be a force for major good things in the world. I believe when you have developed your values and character you will be a good steward and a powerful motivator of positive change.
With all the uncertainty in this recession economy, why not supplement a salary with consistent cash flow monthly from a home business?
To be solely dependant on a salary during a recession economy is hard. Costs are going up practically every minute and when did you last get a big, fat raise? You are probably still paying the same amount or more to commute as you did a year ago and more than likely you are doing your job and the one of a least one coworker who was laid off.
Now don’t get me wrong, this situation is not the fault of your employer, the economy or the government. If any of the above statements ring true for you a shift in your thinking is what is needed. Start thinking like an entrepreneur. Start thinking in terms of cash flow monthly. You don’t have to quit your job but start thinking about what you want to build in your life.
What level of income do you want and what makes you happy?
So to become an entrepreneur and create cash flow monthly you can go out and invent something, like a renewable source of clean energy, but if that seems a bit daunting then consider network marketing. A good network marketing company already has the infrastructure and systems in place to develop yourself as an entrepreneur. Cash flow monthly of $500 a month can make a huge difference for most people. Contact me or check out my gocashflownow e book when you are ready know more. Madalyn
photo credit: http://www.flickr.com/photos/joeshlabotnik/ / CC BY 2.0
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.
Money Smart Strategies for a Recession Economy
Who am I to write about money smart strategies? I am not “rich” and have no books published on this subject but I have been on a journey to enlightened wealth for over a decade. Over this period I have developed from being financially challenged to being money smart.
My focus has been to work fewer hours to make more money, keep more of the money I make and channel the money I have into activities that bring me passive, residual cash flow monthly. Over the last 10 years I have gone from working 70 to 80 hours a week to a doable 40 hour week doing only the things I love. I have learned a lot. I am still learning. I have made lots of mistakes. I have many experiences to share. Here is my story.
My parents did not understand money so I got no money smart training growing up. In 1999, I read my first book by Robert Kiyosaki that introduced the concept of increasing my cash flow monthly without working more hours. From then on my life has changed dramatically.
A business endorsed by Kiyosaki, Network marketing, allowed me to gradually increase my cash flow monthly without increasing the hours I worked. At first I struggled because I was not familiar with any concept other than trading my time for money. Now I measure my success not so much in dollars but in time freedom and quality of life.
With increased cash flow monthly I was gradually able to decrease the hours I worked and spend time with my horses. I was able to make some good real estate investments and buy my own farm.
While many financial gurus speak of living at or below your means, I found Robert Kiyosaki’s message of increasing my cash flow monthly without increasing the hours I worked more compelling. Network marketing allowed me to work from home without a huge starting investment or ongoing overhead.
I love my profession as a veterinarian but it was killing me with the long hours. I wanted to spend more time with my own animals and work from home without working more hours. As I look out my window of my farmhouse on 20 acres I see the manifestation of that dream.
I still have times when money is tight and projects have to wait for funds to accumulate from the regular cash flow I get monthly but the lessons I have learned and my money smart skills keep me moving forward to full financial freedom.
My experiences, both good and bad, are powerful reminders that you don’t have to start wealthy to make it in this great country. By sharing my experiences with you, I intend to empower you to grow your money smart skills. For those of you that feel it is a good fit I invite you to look at the power of network marketing to increase your cash flow monthly and give you the time to live your life to the fullest.
