How To Build
YOUR Own Online
Part 3 of 3
Financial Freedom Formula
1. Earn more than you spend.
a. Document your current exact living cost (burn rate)
b. Document your dream lifestyle living cost (burn rate)
2. Create ONE solid income source that...
a. Provides FAST money
b. Residual (monthly recurring) income
c. Multiple streams of income from DIFFERENT companies
d. Scalable money (meaning you can build it over time)
e. Enjoyable money (if you don't enjoy it you won't do it)
f. Long term money (ideally lifetime)
Your solid income source NEEDS to earn you more than you can spend on your dream lifestyle so that you can invest in...
3. Asset Allocation (financial freedom)
Building Your Money Machine...
A few rules for the game...
Making money is easy managing it is hard.
Money is the scorecard your objective is to become a better servant to your market. As you develop yourself so the money will follow.
Get clear about your number.
Don't allow your subconscious mind to destroy your efforts (here's how training here).
Affiliate Marketing is the easiest lowest risk real business model that can deliver the results we want.
People need to have AWARENESS, a PROVEN BLUEPRINT and to take ACTION. Most people fail because they take action following a poor blueprint without the awareness to realize.
Never be dependant on any ONE company product or service for your income.
Skilling up is a MUST...
The zero to $10k phase 1 is the hardest. Requiring ALL of the following...
- Activate Your Inner Success Mechanism
- Strategic Product Selection
- Unique Positioning In The Marketplace
- Core Skill Sets In Marketing
- Multi Channel Prospect Acquisition
- Customer Acquisition
- Creating Multiple Streams Of Income
- Development Of Your Central Hub
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