How,Make,More,Part-Time,For,Yo business, insurance How To Make More Part-Time For Your Fortune Than You Make Fu
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You can make more part-time building your fortune than you will be able to save from working full time at your job.Most people already do what a good part-time business is, but they just dont get paid for it. Most people recommend and promote things that they like everyday, they just dont get paid for it.Think about your favorite movie or restaurant. How many times have you recommended that friends experience those things? They probably agreed with you and had a great time. Now think about how many times those friends must have recommended to their friends that they experience the same movie or restaurant. The theater owner and the restaurant owner probably sold a lot of tickets and/or food and drinks solely because of those recommendations. Did you like the referral commission check you got from the theater and the restaurant? Oh, you did not get a check? See, you recommended and promoted a thing you liked, but just did not get paid for it.Thats network marketing. So lets talk to you about how you get paid for it. You already are fully trained (except on how to get paid for it, of course).You like a manufacturers product. Why wouldnt you recommend and promote that product to other people?Insurance agents do something similar. Whenever they recommend and promote an insurance policy, the insurance company pays them a commission. Their boss, the broker, who recommended they become insurance agents, receives a commission also. Their business is based on the same business model as network marketing, we just dont ever think of it that way.In network marketing, the manufacturer rewards the people who recommend and promote their product.How do you make more than your full time job? If the manufacturer pays a 5% commission on a sale, for every $200 in sales, the representative makes $10. The beauty of a consumable product is that you do not have to go make the sale again as the consumer probably will keep ordering unless they decide they dont like the product anymore.The manufacturer also pays the person who obtained the representative a 5% commission and that can apply through multiple representatives or layers in the business. That is how a person can get true leverage in network marketing because like an insurance broker or real estate broker, you can have an army of representatives creating sales and you can get commissions on their sales as well as on your own sales.But back to how you make more part-time. Lets say that you have sold $2,000 worth of product in a month. You probably did not talk to any of them and the company shipped directly to them. Your commission check would be 5% or $100. Whoopee, you say!Not so fast there and dont turn up your nose yet. That number repeats every month most likely for years and you will add to those sales over time.Lets figure out what $100 per month really means. To get $100 per month through savings, you would have to have $24,000 in the bank at 5% interest. $24,000 times 5% is $1,200. $1,200 divided by 12 months is $100 per month, right?Gee, you are only making $100 per month. You ought to quit right now, right? Only if you want to throw away the equivalent of $24,000!Compare that to your full time job. You are on salary right? You probably barely have enough money for a month. You have to spend 40 hours a week to get that money and if you dont show up, you likely dont get paid at all.Just how long will it take you to save $24,000 from your after tax earnings from work. Well, lets say you scrimp and save $200 per month. In 12 months, you will have $2,400. With interest, it would take less than 10 years but you get the point.You earned way more in your part-time network marketing business for your fortune than you can earn full time in your job!If your check is $1,000 per month (pay house note, at least partially), you would have to have at least $240,000 in the bank to have the same type of passive income through savings.You also get the tax advantages of having your own business so much of the network marketing income may be tax sheltered. You have to pay full tax on savings unless you put it in an IRA or something like that and then you cant touch the interest income until 59 ½!Go build your fortune with a part-time business!
How,Make,More,Part-Time,For,Yo