Earn $240,000 For Your Bottom Line This Year Part-Time
By James Montgomery
$240,000 to the bottom line in a year? What kind of pipe dream can that be?
Think about it, how long would it take you to save $240,000 from your regular job or business?
To net $240,000, you would have to make more than that before taxes. For most people, it would take years to save $240,000. If you save $1,000 per month and got 10% on your investment (which you will not), it would take you about 11 years to save $240,000. So you can figure that in the real world, we are talking more like 15 years or more. The problem of course is finding that spare $1,000 per month.
If you had $240,000 in a safe investment, what would it be worth to you today? You can safely earn 5% in a longer term certificate of deposit. The interest earned for a year would be $12,000 or $1,000 per month. So it follows that if you could get an additional $1,000 per month coming in every month, you would have added the equivalent of $240,000 to your bottom line.
What would an extra $1,000 per month mean in your life? Would it pay your house note? Would it pay your utilities and taxes? Would it get you out of debt? Would it pay your car notes? Would you be able to pay for your child’s education in college? Would it make it possible for your spouse not to work and stay home with your children? Would it make it possible for you to work less and spend more time with your family? Close your eyes and picture how that $1,000 per month could change your life. How did it feel?
You can earn that $1,000 per month. Depending on your efforts to build your marketing system, it can pay you that much, part-time, within a matter of months, while you are still working full time at your job. You can even build the part-time income so that it can exceed your full time income.
The secret is in building referrals to your marketing system. By asking others to recommend and promote you and your marketing system, you can build a referral network that can build your bottom line faster than you can trading your time at the full time job. Even better, you hold the possibility of helping and teaching everyone who recommends and promotes you and your marketing system to do the same thing you are doing with the same results.
Jim Montgomery is a business owner and law firm owner in San Antonio, Texas. He helps people develop exit strategies through their own business to get what they want from life. Get his free booklet How to Create Residual Income Part-Time that Exceeds Your Full Time Job Check at http://howtostartabusinesstoday.com. His recommendation for your own business is at http://www.momcanstayhome.com
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Technorati Tags: full time job, building referrals, car notes, referral network, term certificate, s education, marketing system, time income, certificate of deposit, pipe dream, 11 years, bottom line, part time, real world
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