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Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Wednesday, March 2, 2011

Network Marketing—A to Z #7 In a Series of Fun Facts, Figures & Tips by Janet Callaway | The Natural Networker



Network Marketing--A to Z is an encyclopedia of fun facts, figures and tips for success in this amazing industry.

Let's continue on with the next 2 letters in the alphabet, each of which help you to understand another reason why building a network marketing business makes sense.

The business and leadership skills you develop in network marketing will enrich your life in many areas.

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Saturday, January 8, 2011

Time—Friend or Foe? By Janet Callaway | The Natural Networker


Most of us have a love/hate relationship with time. Sometimes we feel it is on our side and other times we feel it is working against us.

In The Wealth Formula I talked about the importance of knowing the correct answer to the question “how many hours are there in a week?” The gentleman who taught my mentor about The Wealth Formula became an enormously successful and wealthy man because he learned the value of time from other wealthy individuals.

Below are some of my favorite quotes which help me appreciate, respect and best utilize my time.

Please do share a few of your favorite time quotes below.

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Tuesday, January 4, 2011

Network Marketing—The Best of All Worlds by Janet Callaway | The Natural Networker


What Worlds? The worlds of generating an income. Let's face it, unless you marry money or inherit money, you are going to need to do something to make money. Let's explore the possibilities.

Well, you could be like most people and “get a job.” What that means is you check in some place every day, do certain tasks and then you receive a set wage for your actions. Having a job means someone other than you determines how much money you can make, when and for how long you can take a vacation, whether or not you can attend your child's recital, ballgame, scout event, you name it.

The plus side of having a job is, assuming the company does not go out of business or layoff employees, is that you will receive a paycheck every so many weeks. To put it simply, you trade your time for dollars. Many say the true definition of a “job” is Just Over Broke.

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Wednesday, December 8, 2010

How to Save on your Taxes with a Home Based Business By Janet Callaway



Did you know that your Uncle Sam will actually pay you to start a home based business? That's right, Congress has approved over 100 tax benefits that are available ONLY to home based business owners. These deductions, found in the Federal Tax Code, are 100% legal and 100% audit proof.

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Tuesday, November 23, 2010

The Wealth Formula by Janet Callaway


 
Though I am writing this article on The Wealth Formula, it did not originate with me. My mentor, Cindy Samuelson, gave this precious gift to me which was given to her by her beloved mentor G. A. “Curly” Smith. 


Now G. A. Curly Smith did create The Wealth Formula and his success is a testament to its efficacy. Born in 1922, a sharecropper's son raised in depression racked Oklahoma, Curly went on to sell airplanes to multi-millionaires. He consistently asked those wealthy individuals how much time they'd invested in building their wealth. When he died at age 78, having followed their advice, he left a legacy to support three generations.

Curly believed that people failed, not because of their pasts or circumstances, rather they failed because of their indifference to time. In teaching people about time, Curly would ask a simple question. Take a minute to think about your answer before you continue reading after the question. Here it is:

How many hours are there in a week?” That's it.

Now, what did you answer? Most people answer 24 hours x 7 days a week while other people answer 40 hours! Neither is correct for purposes of The Wealth Formula. Let's do the simple math; you will be astounded.

The Wealth Formula
168 hours in a week
  • 56 hours for sleep (7 nights/8 hours)
  • 40 hours for work (5 days/8 hours)
  • 42 hours for living (7 days/6 hours)
         30 hours remaining

It's what you do with these 30 hours that makes the difference. Unfortunately, most people spend those 30 hours watching television or playing games on computers. Wealth is built in everything over 40 hours. What was the consistent answer of the multi-millionaires who bought planes from Curly? On the average they worked 70 hours a week; their wealth came from the 30 hours beyond the standard 40.

How you spend those 30 hours is up to you. Your decision will determine if you live the life you design or if you live a life designed by someone else. You can choose to have control over your life or to let someone else have it. Which do you choose? Will you invest those 30 hours wisely?

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Tuesday, November 2, 2010

When is the right time? By Janet Callaway


People ask that question all the time. 



What's the answer?


Both Never and NOW!

It's never the right time because something is always happening or about to happen or we think will happen. Have you ever thought it would be the “right” time when . . .

Everything is perfect

The kids leave home

You have more time

You have more money

The economy improves

You feel more comfortable

You have more knowledge

You feel more ready

More friends agree with you

You get the idea; there is always one more reason not to take action yet because there is just one more piece that has to be in place. Quit “saddling up;” get on that horse and ride. Your future is waiting for you!

The time to launch your new business, your new project, your new idea is NOW.

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Monday, November 1, 2010

Is what you're doing really working?


Recently we spoke about too many options and too many distractions and how they cause us to lose focus. The topic of FOCUS, or lack thereof, struck a responsive chord with many. In the following post, Chris Brogan tells you how to use Time Management to maintain your FOCUS and complete your priorities. In his usual style, Chris is clear, concise and just plain makes sense. Janet


Have Faith (But Not In Yourself)


The most powerful thing you can do for yourself is to develop a frame to work in.


Your life works best when priorities are decided for you and by you– not today, but in advance. Last week, when I saw Pay Yourself First I was reminded that you need a decision tree that helps you structure your day, or you won’t feel good about it. If today’s a waste, the feeling it gives you will carry into tomorrow, squandering its potential.



I work best with an empty inbox. Everything that needs to be done is either done right at the moment I read the email or it is deferred to GoodToDo, which I consider the perfect task management system (read Bit Literacy to understand why). Once my inbox is empty, Goodtodo tells me what my tasks are.



The most important thing is that I do not decide. The calendar is sacrosanct– if it’s in the calendar, I do it, and if there’s nothing in the calendar, I go to the list. This makes the decision process very simple, which means that even stupid-me can do it.



In other words, belief in my inability to make good decisions actually leads to making better decisions.



The smart money is on bad decision making and trust in the process.



You can make your system whatever you want it to be, but I’d urge you to consider the following (thanks to Robb Wolf’s book for this important question):



Is what you’re doing really working?



If yes, carry on. If not, consider trying something else for 30 days.



(Photo by JPhilipson.)



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