The 5 Ways Money Is Generated
“Your income seldom exceeds your level of personal development”
Hi there Freedom Nation United:
As is my custom, I was sitting with my morning beverage today going through my morning pre-game ritual, as outlined in the post Exercise – Envision – Read – Meditate – Pray – Empower .
(Yes, I do consider every day to be a present in the game of life)
I was meditating about what messages I have received that would benefit you, the reader of this Blog Post.
What came across my desk was a piece I had saved from a really cool ‘dude’ who goes by the moniker of David Wood, one of the drivers behind the Empower Network movement. Dave’s hypothesis was this:
There are only actually a FEW WAYS of getting people to give you money! (legally, anyways – we’ll throw out gun-point robbery and drug dealing for now) All you have to do is pick one of these ways (they have different levels of pain and work depending on the method) and BAMB! You are on your way!
Method #1 (The Stupid Way): Trade your manual labor (either mental or physical) for money your boss gives you, and just expect that it will keep working. The reason this way sucks, is that you’re intimately involved in the money-getting process, meaning that you have to show up to get paid.
Method #2 (The Smarter, But Not So Smart Way): Sell stuff to people that they don’t want or need, by getting really good at selling. This method can work to make lots of cash now – but the problem is, you’re still intimately involved in the process and are trapped – just like the employee – and since people don’t really want your stupid product, you won’t have any recurring purchases and selling will eventually burn you out.
Method #3 (Getting There – But Not Quite The Greatest Money Getting Method): Find a group of people who want something, and find a way to sell your product or service to them by leveraging what THEY WANT, to sell them what YOU WANT. This method actually works quite well if you know how to sell, but the problem with it is, there’s always a limited market with this method – if you have to convince people to do something that they don’t quite want, you’ve always got to be coming up with crazy ways to sell it to them. Although this isn’t my MAIN METHOD of earning income – I still use it all the time to sell valuable products and services to people who don’t know they want them… (yet)
Method #4 (ALMOST the greatest money making method ever, but not quite): Find out a product that a lot of people already want, and find the cheapest, best way of delivering it to them. Man, this method just rocks – the reason? No real selling required, you can acquire customers and keep them cheaper and longer if you give great value – PLUS, you can also upsell them products that they didn’t know they needed yet. However, this method still, although somewhat leveraged, is a high paying job – however, it’s a relatively easy one if you manage it properly. But unfortunately, if you stop working, your income stops, which leads us to…
Method #5: The BEST Way Of Money Getting In The History Of The World! Are you ready for this? Ok, grab a pen….
“Find a people who want a product with high profit margins and repeat purchases, find the best way of selling it to them WITHOUT you being involved in the process at all…”
WOW, I thought. Why do I keep over analyzing everything?
When Andrew Carnegie taught Napoleon Hill of the importance of making decisions based on the best information available I guess I should be taking his advice.
When faced with the proliferation of business opportunities that come our way, throwing them up against these five methods seems to me like a reasonable way of filtering those of no value. After all, the purpose of getting involved in a business is to make money, right?
As Robert Kiyosaki observed, if we can’t walk away and still make money then we don’t have a business, we are self-employed.
Man, this self-improvement mission is fun!
For myself, I hope that today’s post has, in some way, encouraged you – Dear Reader – to reflect on the ways that you are making your money.
Are the ways you are choosing taking you closer to, or further away from, your ultimate goal – FREEDOM?
How about the ways that those who are near and dear to YOU have chosen?
Sometimes for things to change requires that YOU change.
As a mentor of mine once advised me – if you can’t change your friends, change your friends.
ONE TO PONDER ON…
Oh, and by the way,
If you got value from todays content please ‘like’ it and $hare it with three people who could most benefit from its message
FREEDOM, STRENGTH AND HONOR TO YOU
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