Creating Another Stream of Income.
Article # 7 is titled
A Home Based Business in Health and Wellness Industry That Gives You A Residual Income!
If you do not have a home based business, this newsletter may open up an opportunity for you that offers you the benefits that include the following:
1 Financial Freedom
It offers you another stream of income flowing into your life on an ongoing basis so that you can fulfill your desires such as having a new home or car, holidays and travel, children’s education, caring for aged parents, quality retirement, etc.
2 Time Freedom
Time to spend as you wish instead of working at a job or running a business from dawn till dusk for the best years of your life.
3 Good Health
Have vitality, good health and well-being.
If just one of the above components is missing, it will impact the quality of your life. For example, if you have plenty of time and money but poor health, you can’t enjoy life to its fullest. If you don’t have enough savings to go through your retirement, you may be prevented from being able to have and to do certain things in life.
Today’s lesson is on TRUE WEALTH.
Can Life Be Better?
What will you be doing differently today……..
if time and money are of no object?
The Wealth Crisis
According to the latest statistics, the average Australian will be in retirement for at least 25 years. Yet, only 5% will be financially independent by age 65. The remaining 95% will be deceased, still working part-time to make ends meet or broke on the pension.
Fact: You will either be among the “top 5%” or the remaining 95%.
Many people are ill-prepared for retirement. Most underestimate the amount of savings they require to live comfortably in their golden years. As life expectancies continue to improve, and costs continue to rise, there is a real concern that the superannuation nest-egg alone will not be sufficient for most, in their old age, to maintain the lifestyle they are accustomed to.
There is a saying that by the time you can have your superannuation fund, its purchasing power has been reduced by inflation to about 20% of what you can buy today.
The solution is not to save more (although that’s a good piece of advice), but to earn multiple streams of income.
There are smarter ways to make money.
Leverage Your Income:
There are many ways to earn money. You can work alone, or you can work with others as a team helping each other. Straight salary is linear income. It does not matter whether you are a doctor, dentist, lawyer, accountant, engineer, teacher, or whatever you get paid by the hour for only when you work. No work, no pay.
Worse still, nowadays, more and more high paying jobs will be performance-based. This means bonus which consists of a fair portion of the total remuneration is only payable if what you agreed to deliver has been delivered on time, not how many hours you spend on the job. As a result, long hours and stress are quite common.
Professionals and employees trade their own time and effort for money. But there is a limit to how much wealth one can accumulate this way.
The best way is to earn residual income – income that keeps flowing to you even when you are not working like copyrights created by authors, pop artists and successful network marketers.
Most multi-millionaires use leveraging in one form or another to generate wealth. They understand that the combined time and effort of many people always offer a much bigger income potential than what one can earn alone.
Create A Residual Income Stream
Workers get paid each hour, each fortnight, or each month that they provide a service.
Smart people continue to earn into the future, based in part on initial efforts. This residual value gives them not only the money, but the time freedom to enjoy it too.
Despite prejudices and misinformation, the network marketing industry has grown to over USD 100 billion in revenue. The ageing of baby boomers; X and Y Generation who place more emphasis on balanced lifestyle/family than that of their parents will lead to a boom in the health and wellness industry.
The so-called “baby boomer” generation is now in their forties to sixties. Many are at the height of their earning and spending power. They make up about one-third of the population and account for about two-thirds of spending. Thus, knowing which industries the baby boomers are supporting is a key to financial success.
Two of the most powerful economic trends of today are:
1) Health & Nutrition
Health and nutrition is one of the biggest economic trends of our time. According to Money Magazines, the nutrition industry is the mother of all trends.
“When I look forward to the year 2010, I see a clear one trillion dollar business just in the growth of the existing products and services in the wellness industry”
- Paul Zane Pilzer, World-renowned economist and trend-forecaster
Why is health & nutrition set for explosive growth?
People are more aware of the role supplementation plays in optimizing long-term health. Hence the number of people seeking quality products to maintain good health is growing rapidly.
2) Network/Relationship Marketing
Relationship marketing is growing in prominence. It is a degree level subject taught at some of the most reputable universities in the world today including Harvard University and the University of Southern California.
Two highly respected professionals, Dr Charles King and James Robinson have co-authored a book “The New Professionals – The Rise of Network Marketing as the Next Major Profession”, which provides valuable insights to this industry. Dr King is a Professor of Marketing at the University of Illinois and Mr. Robinson is former Senior Vice-President of the U.S. Chamber of Commerce.
Why is Network Marketing set for explosive growth?
More and more companies are now turning to network marketing as a mean of distributing their products as advertising and traditional distribution channels are getting more expensive. The more effective marketing system to retain loyal customers is through relationship marketing. However, companies can’t do this by themselves. Therefore, they need you to distribute their products through relationship network marketing.
A good network marketing company can provide ordinary people a legitimate home-based business that builds income with excellent leverage and residual value. The smart ones are joining companies in the Health and Nutrition industry, and the even smarter ones are joining the best companies in the Health and Nutrition industry – companies that have good reputation in their products and are likely to be around for a long, long time. Some companies allow you to pass the legacy of your business to your benefactors.
Why USANA?
The company has been voted as the “Number 1 Distributor’s Choice” by readers of Network Marketing Today: The MLM Insider Magazine for 10 years running.
1 An Unquestioned Devotion to Quality
USANA products are formulated and manufactured to standards that exceed many nutritional products on the market. Many doctors, health professionals and world class athletes trust their health to USANA.
2 USANA’s forward growth potential
USANA pays on sales volume generated worldwide in a single, seamless commission plan. With 14 markets in different countries opened, and others to come on-stream, it offers you to build business internationally.
3 A Global family that cares
People are drawn to USANA’s dedication to a worthy cause. Dr Myron Wentz’s passionate dream of “a world free from suffering, live life to its fullest” leads him to establish the state-of-the-art Sanoviv Medical Institute in Baja, Mexico, as well as the Wentz medical Centre for children in Gaba, Uganda.
He also has a passion to help children in need. He and USANA family have donated millions to the Children’s Hunger Fund since 2001. Through these donations, children in many poor areas of the world receive food, health and love.
4 A Pay Plan that builds real residual income
Many network marketing opportunities pay a lot to the fortunate few at the top of the hierarchy, and set high demands that the average person has little chance of attaining.
The USANA pay plan is unique in its transparency, fairness and ‘do ability’. It rewards team work and to attain stable income you help the average person in your team to do well!
If you are interested in the details of the compensation plan for the country you are residing in, please email me at jackie@resultmakemoney.com
I will provide that information.
5 An enviable record of financial strength
People choose USANA for peace of mind – knowing that the company has the resources to pay them true residual income.
Few network marketing companies show as consistent a growth, or as stable a financial position, as USANA.
® Listed on the NASDAQ, USANA is a member of the Russell 3000 Index and S&P Small Cap 600 Index.
® The company is debt-free and records consistent sales and profit growth.
® Business Week and Forbes rank USANA in the Top 10% companies among its”100 Hot Growth Companies” and ”200 Best Small Companies” respectively. No direct selling company ranks higher.
You Can’t Lose With USANA Because It Provides You With Two Opportunities For Wealth!
Opportunity 1 : Health is Wealth
The USANA nutritional products provide your body with the nutrients required for optimum health.
Health is wealth to the sick. Thus, the cost of the products is insignificant when compared to the benefits it generally provides, including the following:
ìImproved health and well-being
ìCounteracting free-radicals in your body
ìProvide possible relief from an existing problem
ìCash savings as you no longer need to consume other nutritional products
and possibility reduce medications
ìAbility to work and earn an income more efficiently due to improved health and well-being.
Opportunity 2 : Money is Wealth
USANA provides you with an opportunity to become financially secure. All you need to do is introduce others to the USANA nutritional, weight management, skin care and personal care products.
With some initiative and effort you can generate an income stream to supplement or replace your salary from full-time employment. As the alternate health industry is growing rapidly, this means more and more people are taking preventative measures to protect their health.
In summary, you can’t lose even if you are not interested in relationship marketing. At worst, you will improve your own health and that of your loved ones. At best case scenario is that you will improve your own health and that of your loved ones and generate another stream of income for yourself while spreading health and wealth to others.
In the next article, I will talk about True Health.
Dedicated To Your Success,
Jackie Khor
Your Attraction Marketing Coach
http://resultmakemoney.com/blog
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USANA wins Utah Best of State again
USANA will soon receive two of Utah’s 2008 Best of State Awards! This is USANA’s fifth award for best dietary supplements and the second in a row for best personal-care products.
The prestigious Best of State Awards were created to recognize quality and outstanding achievement in a wide variety of categories in the State of Utah. The award for best dietary supplements is particularly meaningful to USANA; according to the Utah Natural Products Alliance, Utah has more than 100 dietary supplement companies generating estimated revenues of $4.4 billion. So, you can be proud to represent the best nutritional and skin-care products that this competitive market has to offer!