Posts

Decent, Honorable People

As a business owner, I want to attract decent, honorable people.  This is important on a number of levels, not the least of which are the implications of attracting the opposite. In my "day job", I manage a group of 72 people.  When I first introduce myself to any group I talk about having two extra eyes.  I then go on to explain that I really mean they need to have to extra "i's".  These two i's are initiative and integrity.  Decent, honorable people, for the most part, have these two i's. Let me tell you how I define them.  Integrity means that you are doing what you are supposed to be doing when no one is watching.  Initiative means that you do things on your own, without having to be told. In our business, you need to engage in productive daily activity.  Your sense of integrity needs to drive doing what you are supposed to be doing.  Discipline is absolutely essential.  And this rolls right into initiative because th...

A Community Approach to Income

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Let me be clear.  Earning vehicles come and go and should not be the ultimate determining factor in your decision to get involved with something. Here's the point:  the value in what we do is relationship-based.  It is not about this deal or that opportunity, it is about the community that supports the concept of income generation.  This is the asset.  The network of positive, lasting relationships you build is directly proportional to the success you will have. As such, the business is secondary (essentially).  If you land on a good one, and it has "market permanence"... is well respected... all the better.  This is not to advocate that we should all be looking for the next shiny object, but it does not negate the fact that when people are tied into the pulse of "what is working now", mass migrations can and should take place to capitalize on the next-big-thing. This does not discount your core program or programs.  I strongly believe that ...

Money Alliance

This is what we do.  This is who we are.  We are an alliance of people who pool our knowledge and resources to make money.  It is really not complicated.  We share a common goal and are "allied" in achieving it. The rest is just details.  We market a subscription and need about 20-30 people participating (in a group) to replace most middle-class incomes.  We collectively  build to this point progressively and work with people to ramp up to profitability.  There are no secret formulas or inside strategies... but just common sense and practical steps to understand and implement. We reject the notions of simple and easy.  The fact is that if simple and easy defined what we do, everyone would be doing it and be successful.  We all know that this is not the case. Our job is to find people who will take the time to understand what we do.  Informed people with whom we develop a level of trust, choose to join us.  Again, it...

A Time and Place

Sounds like a movie title... actually it is the name of a song by Mike and the Mechanics.  But a time and place in this context has everything to do with things you choose. During the time you choose to "work", you will inherently be somewhere.  But where?  Do you (will you) have a place that is free of distraction?  Are you willing to turn off the television and focus? Can you find a space in your home to go to and close the door?  The obvious implication here is that you will enhance your chances of success if you do. If you work a day job, the obvious thing is that you will need to focus on your business during the evening.  If you work second shift, the reverse is true.  Understanding "time" is more important to your success than just about any other factor.  You will need to consciously choose to alter the way you have lived your life.  This means choosing to invest hours of your day(s) in different ways. This change and sacrifice ...

Tax Form 1099

A 1099 is a tax form that is required to report Independent Contractor earnings.  This is something you register for with the company you are working with.  An initial "litmus test" of whether a business is legitimate (or is flying the seat of their pants) is if they are requiring you to fill out and submit 1099 paperwork as a part of their enrollment process. Statements like, "Your taxes are your responsibility and it is assumed you will do the right thing" are a red flag and simply indicates that the "deal" you are considering does not have the administrative sophistication to track and then report your earnings to you (and the government). Therefore, if you are at the stage of trying to discriminate between "this one and that one" in terms of money-making opportunities, ask (or find out) if they provide you with a 1099.  If they do not, it is reasonable cause for concern and you should be asking if you want to hitch your wagon to their ...

What Is There to Lose?

This is standard rhetoric, right?  It's twin is, "hey, give it a chance... what have you got to lose"?  So, let's talk about it. I recently wrote a post about risk aversion and people having the fear of losing their money.  OK.  So this is on the table.  If things don't work out for you, you stand to lose some money.  I get it.  No judgment here.  Many need to choose the safe route and consider it the mature and responsible thing to do, especially if living month to month and hand-to-mouth.  If this is you, God bless you. But for those willing to take the next step, what else is there to lose?  Time invested?  Personal credibility, especially if you are not successful?  Failed aspirations and not achieving a goal?  Suffice it to say that there are may things "riding" on success or failure.  This is the reality.  This is life.  You can probably add items and create your own list of how you stand...

Fear of Pulling the Trigger

Most people understand that it takes money to make money... in most cases.  The amount of money varies and the amount invested is typically correlated to the size of the return that can be expected. Serious propositions, however, do not always require "serious" investments.  Our business is typical of this.  The upside potential compared to the initial investment required is significantly in favor of the upside potential. But, here's the kicker:  people are risk averse.  Or, they have a fear of pulling the trigger and parting with the money to get started.  This is why you need to learn all you can.  Cross the t's and dot the i's. Ask questions and analyze.  At the end of the day, you will be smarter and better off for doing so. However, at the end of this process, you need to decide.  The key in the ignition of our income vehicle is the initial investment.  It is the trigger that releases the firing pin th...