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Monday, September 10, 2007...Why MLMers join Liberty League...Multi-level marketing (MLM) is a great... 

Many marketers have begun to realize that it takes no more time, effort or energy to earn a $1,000 profit as it does to enroll someone into an MLM and earn $20.

So, if you're going to work a business for 15-20 hours a week, it only makes sense to work one that's going to pay you what you're worth.

It all boils down to one question: what is your time worth?

In "The Age of Speed", author Vince Poscente reveals an interesting fact. Check this out:

==> Since 1955, the average American's income (after inflation) has tripled...but the life expectancy is only ten years longer.

In other words, you have THREE times as many options today as you did 50 years ago....but the time you have to enjoy them (your lifespan) is not much longer.

A simple analogy would be to picture two children at a state fair. One has $5 and the other has $20...but they both only have one hour to spend it.

The child with $5 can make a simple choice: do I want to ride the Ferris Wheel or would I rather buy some cotton candy? He can pretty much do one or the other and has plenty of time to do it.

The child with $20 has a more difficult choice: she wants some cotton candy, a turkey leg, a ride on the Ferris Wheel and a ride on the bumper cars. She's can afford it all but only has time for some of them. She can't spend too much time on one thing or she will have to give up something else she wants. A long line at the cotton candy booth might mean she can't ride the Ferris Wheel.

So, in order to do everything she wants, she has to find a way to speed up. Her need for speed is greater than the first child's.

Here's the point:

The average person today is becoming more and more aware of all the luxury and comfort that is available in a lifetime. When you're in a business where you can create your own income, you have more options.

We want to do big things. Meaningful things. Everything we dream of.

We want to learn another language.
We want to see the Pyramids.
We want to live in the Caribbean for a month.
We want to have time with family.
We want to run a marathon.
We want to go snowboarding in Whistler.
We want to write a book.
We want to give back to the community.

And how much time do we have to do it all? Eighty years? Fifty? Thirty? How much longer do you have? The clock is ticking. And you still haven't rode the Ferris Wheel.

To do all the things that we want to do, we need speed. Because, these things require freedom...and freedom requires money. And the faster you can earn the money, the faster you can start living the freedom you want.

More and more marketers are figuring this out. MLM is a great way for someone to become a hundredaire or a thousandaire.

But, if you want to create a multiple six-figure income and get that done in the next 6-12 months....well, then Liberty League is one of the few ways to create that.

And it doesn't take any more time or effort than enrolling someone into a multi-level deal to earn $5 a month on someone's order.

The life you want also wants you. It's waiting. When you get started is going to be up to you. If you want to do it sooner than later, you need speed.

Tony Rush
Executive Marketing Council
Liberty League International

Recent Statistics About Home Based Businesses...Number of Home Business - 36 million to 18 million.....

Annual Revenues of the Home Business Industry as a Whole - $427 billion

  • Entrepreneur magazine estimates that $427 billion is generated each year by home-based businesses. Pittsburgh Business Times That's bigger than General Motors, Ford, and Chrysler all put together.

Income Earned by Home Business owners - between $63,000 to over $1 million

  • Money magazine, in a 1996 survey, found that 20 percent of home-based businesses had a yearly gross income of $100,000 to $500,000. Pittsburgh Business Times
  • 89% with household incomes greater than $80,000 have a home office compared to 14% of those with incomes below $25,000 (Find/SVP).
  • A recent IDC survey indicates that the average income for income-generating home office households is $63,000 a year.
  • November 2000 report from the SBA's Office of Advocacy shows that in 2000 nearly 20,000 entrepreneurs grossed more than $1 million operating from a home-based environment.

Number of Women Owned Home Based Businesses

  • By 1992, women were running 10 million home-based businesses. (U.S. Census Bureau).
  • Today women run 70% of home-based business: nearly 17 million. (National Center for Policy Analysis)
  • According the the National Foundation of Women Business Owners (NFWBO) there are 2.1 million women business owners with children (1994)

Number of College Graduates with Home Businesses

  • 48% of home workers with an income generating home office are college graduates (IDC/LINK)
  • 51% of home office users are college graduates with incomes more than $40,000 (IDC/LINK).

Demographic Makeup of Home Based Business Owners

  • 48% of home workers with an income generating home office are college graduates (IDC/LINK)
  • 22% of home workers are in white-collar positions (IDC/Link).

Percent of Total Workforce that is Home Based Business Owners

  • According to recent research released by IDC, http://biz.yahoo.com/prnews/020319/netu035_1.html
    Home offices are projected to grow to 34.3 percent of the workforce by the end of 2002, a growth of .6 percent since 1999.
  • The number of U.S. households that have a home-based business currently exceeds 12 percent." - Office of Advocacy, Small Business Administration

Number of Jobs Started Daily by Home Based Businesses - 8500 jobs daily

  • According to IDC, home-based businesses create an estimated 8,500 new jobs daily.

Number of Telecommuters - 19.6 - 29 million

  • Roughly 19.6 million workers telecommuted in 1999. (The International Telework Association and Council)
  • There will be almost 29 million U.S. teleworkers by the end of 2003. (The Electronic Commerce and Telework Trends)

Number of Small Businesses that are Home Based - 53%

  • According to the Small Business Administration, today more than half (53%) of the small businesses in the U.S. are home-based. In brute numbers, that's more than 24 million.

Misc Home Based Statistics with Unknown Source

  • Every 11 seconds someone starts a home-based business.
  • Over the next five years, in the United States alone, the number of people who work out of their homes will increase from a current 30 million to an estimated 90 million by the year 2000! In other words, the number of home based businesses will triple; one out of three Americans will be working out of their home.
  • 95% survival rate
  • 85% success rate over 3 year term
  • 1500 jobs are eliminated daily in U.S.
  • Spare time turns into full-time for 50% of home based business owners.
  • Female-owned businesses are being created at about twice the rate of male-owned business.
  • There will be an estimated 10.7 million self-employed women by 2005, a 77% increase since 1983, compared to a 6% increase in the number of self-employed men.
  • Forty to 44 percent of all home-based businesses require less than $5,000 for startup

Reasons Why Dual Income Families Don't Get Ahead Financially

  • Taxes - for four months and a week, or 3 hours out of every 8-hour day, you're working for Uncle Sam - (The average American family of four with a median income of $47,012 will pay $10,250 in federal taxes and another $6,110 in state and local taxes for a total "tax liability" of $16,36
  • average childcare costs - $7000 per year
  • higher standard of living - make more/spend more - Average American spends $1.22 for every dollar they earn
  • gasoline - $1200 per year
  • spend hundreds on dry cleaning, pantyhose, and biz wardrobe
  • eating out for lunches $2000
  • auto insurance - $500
  • auto maintenance (oil, tires)
  • parking $1800 - $5 per day
  • costs of raising a child - (quarter million $ to raise child birth-17) ($17,000 for 1st yr)

If I Knew Then What I Know Now ... 15 Rules for Success In Your Home-Based Business

© 2000-2002 Elena Fawkner

Rule 4 - It can be done

Don't allow self-imposed limitations to restrict what you can and will do. You can do anything if you set your mind to it. Well, of course, it must be something that is within your power - you can't just set your mind on growing a third arm, for example.

But for anything that is within human power and capability, the saying "where there's a will is a way" is so true.

Get into the discipline of planning your life and where you want it to go. By setting goals and planning the steps that will help you reach them, you can achieve literally anything your heart desires.

Rule 5 - Be careful what you choose, you may get it

Following on from this, it should go without saying that what you set for your goals is something you truly want because if you do practice the discipline of goal setting you will surely get it.

Rule 6 - Don't let adverse facts stand in the way of a good decision

Keep your eye on the prize and don't be distracted by what's happening on the sidelines. Sure, you may not have entered the marathon had you known there were going to be 1,000 other runners but does that mean entering the marathon was a bad idea? No.

Make your decisions based on quality information and what's in the best interests of your business. If someone else comes along who represents competition for your business, don't be put off your game. Just run your own race. There's ALWAYS a way to distinguish yourself from your competition.

Rule 7 - You can't make someone else's choices. You shouldn't let someone else make yours

IGNORE your mother when she tells you you're crazy for chucking in your nice SAFE secure little job to start your own business. Follow your dream, no-one else's.

Rule 8 - Check small things

Like the fine print in contracts. Like the URL in that sales letter you've just put the finishing touches on. Like your spelling and punctuation. In other words, pay attention to detail.

Rule 9 - Share credit

You've heard the saying, "no man is an island". No woman is either. Remember and acknowledge the people who have helped and continue to help you get where you want to go. Acknowledge the achievements of others.

Rule 10 - Remain calm, be careful

Frenzy and recklessness are hardly the prescription for long-term success in your business. In the face of unexpected challenges, unexplained downturns in business or failure to achieve the results expected, recognize that these are just part of the thrust and parry of business life and use a calm, methodical approach to the problem.

Don't just react blindly or chuck away all your hard work and try something completely different unless a thorough, calm and careful investigation convinces you that you are completely off-beam.

Calmly analyze your situation and use your intelligence to correct the situation. Sometimes a one degree turn of the wheel is all that is required to get back on course, not a completely new rudder.

Rule 11 - Have a vision, be demanding

This rule goes hand in hand with rules 4 and 5. In order to set goals and plan ways to achieve them you must first set your vision. Think big, be brave. There is nothing you can't achieve so make sure your efforts are going to be for something truly worthwhile.

Rule 12 - Don't take counsel of your fears or naysayers

All of us have moments of self-doubt or even fear when embarking on a journey to an unknown destination. If what you have planned for yourself brings with it feelings of anxiety, nervousness, even fear, pay attention to them but don't take their counsel.

They are symptoms of grand thinking, of stretching beyond the boundaries of your comfort zone. As the book says, feel the fear and do it anyway.

Rule 13 - Perpetual optimism is a force multiplier

This rule is closely related to rule 1. Believe that things will work out, that they will look better in the morning, that everything's going to be OK. Repeat the words to yourself as a mantra if you must but instill a spirit of indomitable optimism in your outlook and you will attract success into your life.

Rule 14 - Sometimes being responsible means pissing people off

You can't please all of the people all of the time so don't waste your time or energy even trying. You have a responsibility to the ultimate success of your business and to your own personal success. If that means you occasionally have to say no to people to stay true to your objectives, do it. If it means you have to alienate some people because they don't personally agree with what you are doing, that's their problem.

In other words, stay focused on your plan. If others don't like it or agree with it, too bad.

Rule 15 - You never know what you can get away with unless you try

If you don't ask you don't get. And if you don't take you don't get. Leave nothing on the table. If an opportunity comes along, take it. It may not come again. And remember, in chaos there is opportunity. While everyone else is running around like chooks with their heads cut off, you just bring up the rear and clean up on all the opportunities that are just lying there for the taking among the chicken scratch.

 

Hindsight truly is 20/20, no doubt about it. Perhaps, like me, you're thinking that if you'd known then what you know now, you would have gone a lot further a lot faster. But as with any form of progress, it's the journey, not the destination, that provides the education and creates the experience and, through it, wisdom. And that's something no book can teach you and money can't buy.


Take Time

     Take Time to THINK...

It is the source of power.

     Take Time to PLAY...

It is the secret of perpetual youth.

     Take Time to READ...

It is the fountain of wisdom.

     Take Time to PRAY...

It is the greaest power on earth.

     Take Time to LOVE and BE LOVED...

It is a God-given privilege.

     Take Time to BE FRIENDLY...

It is the road to happines.

     Take Time to LAUGH...

It is the music of the soul.

     Take Time to WORK...

It is the price of success.

     Take Time to DO CHARITY...

It is the key to heaven.