Jonathanlouis
3rd April 2009, 13:33
How often do you wish there were more than 24 hours in a day?
O.K. I am sure that some would feel that eight hours are plenty for the sort of work they do, but many small businesses, home based offices and sole traders feel that unless they are beavering away for sixteen hours or more the work flow is going to dry up.
Sweat, blood and tears are the hallmark of a survival and surviving business operations for many.
In today's climate desperation may color the efforts of any business struggling to make ends meet and to survive.
Surely there must be a way round this.
Luckily there is and the most successful businesses use this route all the time. It is the best and only way aart from a time shifting Superman, that anyone can make twenty four hours into forty eight, ninety six and multiples of.
What is this magic potion?
MSIs - Multiple Sources of Income.
However fascinatingly these are the statistics:
96% of people trade their time for money
3% of people invest money to earn money
1% of people multiply their time through the efforts of others by setting up multiple sources of income streams
It is this 1% that earn 96% of all the money that is earned.
Hmmm? Now that must make anyone stand up and think, would you not agree?
By creating numerous avenues of residual income, either on top of or that eventually replace the original job, anyone can double treble and so forth their present income stream.
One thing is for certain - the ability to bring more revenue into any business is exponential to the number of residual income streams.
Why sit and feel that creating the best widgets in the world is going to supply you a job and income for life?
Now if I produce great widgets, I have all the knowledge to be able to promote and market the bags that my widgets come in from my supplier to markets outside of my own use.
I also have my Google Adsense account that due to the traffic density on my web site receives a healthy monthly cheque from Mssrs Google for me doing nothing save planting ad blocks.
I also know of a good sports complex group that when I am with my colleagues and friends or writing articles that go online into the social network stream, my residual affiliate income from those that use my link and get signed up for their sports and health needs, allows me to take a weekend break with my wife in a lovely country house hotel or flit to Paris for the weekend.
I use a great little health product as well and it is so unusual that when I bring it out in the pub - it is only cigarette lighter sized - or at a social occasion people always ask me - what Is that? - and when they experience what it does they cannot get hold of a sample fast enough so it is lucky I carry a few samples in my jacket pocket. Wop! extra income and future business in the pocket.
Multiply this as many times as you wish across an eclectic field of products and services and before long you have a stream of large medium and tiddler income streams that satisfy anyone's need to enlarge their scope of residual earning.
This I would proffer is one major strand of the New Economy.
It breeds connectivity, community and a sense of shared economic enlargement. Competition is replaced by co-operation and as the transatlantic speak goes becomes a win-win situation.
I love the New Economy, any one else joining me?
Jonathan T
http://www.mistnetwork.com/msi/
O.K. I am sure that some would feel that eight hours are plenty for the sort of work they do, but many small businesses, home based offices and sole traders feel that unless they are beavering away for sixteen hours or more the work flow is going to dry up.
Sweat, blood and tears are the hallmark of a survival and surviving business operations for many.
In today's climate desperation may color the efforts of any business struggling to make ends meet and to survive.
Surely there must be a way round this.
Luckily there is and the most successful businesses use this route all the time. It is the best and only way aart from a time shifting Superman, that anyone can make twenty four hours into forty eight, ninety six and multiples of.
What is this magic potion?
MSIs - Multiple Sources of Income.
However fascinatingly these are the statistics:
96% of people trade their time for money
3% of people invest money to earn money
1% of people multiply their time through the efforts of others by setting up multiple sources of income streams
It is this 1% that earn 96% of all the money that is earned.
Hmmm? Now that must make anyone stand up and think, would you not agree?
By creating numerous avenues of residual income, either on top of or that eventually replace the original job, anyone can double treble and so forth their present income stream.
One thing is for certain - the ability to bring more revenue into any business is exponential to the number of residual income streams.
Why sit and feel that creating the best widgets in the world is going to supply you a job and income for life?
Now if I produce great widgets, I have all the knowledge to be able to promote and market the bags that my widgets come in from my supplier to markets outside of my own use.
I also have my Google Adsense account that due to the traffic density on my web site receives a healthy monthly cheque from Mssrs Google for me doing nothing save planting ad blocks.
I also know of a good sports complex group that when I am with my colleagues and friends or writing articles that go online into the social network stream, my residual affiliate income from those that use my link and get signed up for their sports and health needs, allows me to take a weekend break with my wife in a lovely country house hotel or flit to Paris for the weekend.
I use a great little health product as well and it is so unusual that when I bring it out in the pub - it is only cigarette lighter sized - or at a social occasion people always ask me - what Is that? - and when they experience what it does they cannot get hold of a sample fast enough so it is lucky I carry a few samples in my jacket pocket. Wop! extra income and future business in the pocket.
Multiply this as many times as you wish across an eclectic field of products and services and before long you have a stream of large medium and tiddler income streams that satisfy anyone's need to enlarge their scope of residual earning.
This I would proffer is one major strand of the New Economy.
It breeds connectivity, community and a sense of shared economic enlargement. Competition is replaced by co-operation and as the transatlantic speak goes becomes a win-win situation.
I love the New Economy, any one else joining me?
Jonathan T
http://www.mistnetwork.com/msi/