Investing for the Future

• June 1st, 2007
• No Comments

This came in my email from Unit Coach. If you like their stuff, you can visit their website and sign up for the newsletter.

“Building Passive Income”

What tasks are you doing right now in your business that will bring you an income for the rest of your life? That’s a heady thought. As you go about your day selling and recruiting, you are probably focused on the immediate benefit of finding the perfect customer or consultant.

But the payoff is much bigger than you can imagine.

Most people spend their days trading time for money. They work 8 hours and their employer pays them an hourly wage or a salary to compensate them for their time. End of story. There is no long term benefit, at least not one that will continue to pay them over and over again for each hour of work that they invested.

Your business is not a 9 - 5 job. You don’t work three hours and get compensated for three hours. Sometimes you work fifty hours without getting paid at all. And shortly after that, you may work just one hour and get paid for a hundred. If you are used to an “employee” mindset, this business of being paid for your “investment of time” instead of just for the actual time itself takes a little getting used to.

You have the opportunity, unlike most people, to create passive income. Essentially that means doing work once and getting paid for it over and over and over again. Like writing a book. Once the work is done you can move on to more income-producing projects but you will continue to receive income from the book for the rest of your life.

As you build your business, you create passive income with each new working consultant, each customer who becomes a devoted fan of a skin care system, and by having an automated system that drives people to your website. It’s not just a matter of making production this month. It’s an opportunity to set yourself up with a system that will support you for life.

Each call, each class, each facial lays a brick in the foundation of your ability to never have to work again. Don’t quit when you don’t see immediate results. Think like an entrepreneur. Nurture your relationships with your customers.

Invest your time rather than seeking to be paid for it.

You can view booking and selling and recruiting as chores or you can view them as an investment in your future. If your goal is to become independently wealthy, you may see these actions in a whole new way. For the future of your dreams, how you choose to invest your time today will make all the difference in the world.

Now go have a POWERFUL day!

Warm regards,

Ann Vertel

http://www.UnitCoach.com

“Taking You to the Top!”

I like this whole concept. It helps me better grasp the idea of treating my business like a business. No more procrastination. No more excuses.

Tags: Home Based Business, Money Management, Organization, Time Management