Posts Tagged ‘Home Based Business’

Investing for the Future

• June 1st, 2007
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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. (more…)