You may have heard the expression- if you FAIL to PLAN, you PLAN to FAIL.
Do you have a plan for an almost guaranteed upcoming financial crisis that involves our new normal of Hyperinflation? I cover the majority of the eye popping numbers in a couple earlier posts on this site. To put it bluntly when I crunch the numbers – if you do not embrace right now the idea you have to figure out a way to make money while you are sleeping, you will be working right up until the day of your funeral. I wish I was joking.
Saving won’t cut it. Investing will but you need money to invest. You likely want a way to –
- Pay DOWN and pay OFF all debt – and pay off your mortgage.
- Find a way to earn money to invest. And avoid putting your money in the FIAT system. FIAT is money backed by nothing but thin air and the promises of the government. That is our all mighty dollar in a nutshell.
- Commit to learning a legit sound way to earn passive income – AND my recommendation is in this post for what I call getting a FRANCHISE at your FINGERTIPS.
Inflation is not going to go away. It’s not something that can be fixed from an election at this point. They passed the point of no return here. It’s like if your child squeezed 1/2 the toothpaste out of the tube to paint the bathroom wall- there’s no fixing what is already done. That tube is now performing at 50% no matter how hard you squeeze it.
40% of all BILLS printed by the US TREASURY were printed during the Pandemic. FORTY PERCENT. Four- tee-per-cent. We are at 8% annual rate of inflation which means $1000 today will be worth less than $500 in 9 years.
Is your job going to pay you double by then? If you are a pharmacist like I am, you are lucky if your salary hasn’t gone down while you are doing double the work you did 10 years ago. If it gets any worse, they may cancel those Corporate Pharmacy Pizza Parties they like to give instead of raises.
Will you even have a job?
Will you be able to afford retirement? Can you really count on social security to still be there?
Will you be able to cut your expenses in 1/2 by then?
These are hard questions and harsh realities. Many will wait to figure it out.
My financial advice – find a way to make residual income while you sleep. God may be trying to get our attention so at this point, we may need spiritual advice here soon, but for now let’s stay on topic. I don’t know where the plans of the New World Order global leaders fit in- an essay written by World Economic Forum (WEF) Young Global Leader and Danish MP Ida Auken that was published inn Forbes in 2016 is titled, “Welcome To 2030: I Own Nothing, Have No Privacy And Life Has Never Been Better.” If you are for Capitalism, that does not sound good. That sounds like the empty promises – and enslavement- of a communistic system. Is that inevitable? I don’t know- but why just passively let it take over our land?
The only thing that should be passive is our income. If we don’t ACTIVELY step up, we set ourselves up for a passive take over of everything our forefathers- and our GRANDFATHERS – stood for.
My recommendation is to go and take the next few years to build a passive monthly income to cover your bills month after month, and learning the process will help you continue to build if you start to lose the race with inflation. And guess what? You NOW have financial freedom.
If you don’t have a hit record up your sleeve or a bestselling novel to write or $100,000 to get a franchise going, or something that will wow Mark Cuban and company Shark Tank – then maybe it’s time to find a FRANCHISE at your FINGERTIPS, which I think is best represented by joining any network marketing business if you can run it from an app on your phone.
Really, the most affordable option has a STIGMA. Ask 100 employees what they think of Network Marketing and they will give you a negative opinion. Yet most of them play the lottery for their retirement plan and complain all week how they hate their job. Ask 100 millionaires their opinion or 100 business owners instead. If it puts money back in their pockets and saves on their overhead, they don’t care if misinformed people are going to look down at a business model. If a business that happens to have a network marketing option just saved them $30,000 with an energy audit, that is going to speak a whole lot louder than someone who says network marketing doesn’t work that has never saved anyone anything.
I just signed up a President of a company in my side business while a broke family member won’t touch it. And after applying Network Marketing training I have learned in having my own business, you know what? Pharmacy is actually enjoyable too. It is a LIFE CHANGING business and it helps you catch an entrepreneurial spirit instead of the negative can’t do it employee attitude. Americans used to have that Pioneer Spirit, that spirit of resolve, that spirit of charity and hope. Corporate America kills that but the entrepreneurial culture will create a spark and put a fresh perspective on every related part of your life. I never got one ounce of that in pharmacy school. I got trained how to repeat mantras and learn the information on the test and you learn to be a good employee just conform to everyone else and follow the crowd, even if everyone is miserable and they are headed off a cliff. Being an entrepreneur is instead climbing this mountain and you may climb some of it alone but the view on top of the mountain is much better than looking down off the edge of a cliff watching others fall right off to their doom.
If you give an employee a lemon, he may use it to throw it at his boss. IF you give an optimist a lemon, he or she will make lemonade. Give an entrepreneur a lemon and they will make lemonade, drink it, take the seeds and build a lemonade grove and create a lemonade factory.
The low cost to join and the desperate begging of people to join who don’t know what they are doing has for years given network marketing a bad reputation in the past. Many folks out there today are treating this seriously and it’s slowly gaining respect and recognition as the legit opportunity it is if it’s treated like one. So one of my passions is to bring credibility to this business because it really gives hope and help and a way out of the rat race. You can only increase the work load on the rats so much before they collapse. If you keep squeezing the rats you don’t get better numbers – you get rat guts all over the floor. BUT with sales and business you get rewarded for how hard you work- and if you learn about duplication you have a team of mice all going in the same direction instead of burned out rats.
The reality is ALL sales businesses are performance based. And sales are all a numbers thing and a matter of building the pipeline. One of the best sales experts is a billionaire named Grant Cardone. His expert sales team knows the ins and outs of closing a sale. Closing means taking someone from position 1 – not even knowing if they are open to the opportunity – to 10 where they sign up and become your client, consultant, or customer. Do you know the percent of sales that SALES EXPERTS close on the first call? 2%. Yet somehow, people doing Network Marketing think that if 100% of their family and friends aren’t 100% supportive, it must be a scam. No you just have the wrong expectation.
All I do is be a consultant – I see if people are OPEN. If they are OPEN I send them to a TOOL that gives them more information. If they like the TOOL I get them on a call, a live or recorded presentation, or give them another tool. IF they like what they see, I ask them where they are on a scale of 1 to 10. If they are not a 10 I see what questions they may have to become a comfortable 10, and I send them the link to get started, and then we plug them into our team and our tools and teach them…to see who is open. It’s DUPLICATION. Every added consultant is like cloning yourself. BUT if you try to force people to do this or bribe them, or if I say to my broke brother in law- “What’s wrong with you! I bought you a car 10 years ago and you can’t do my business?” then I am not having a duplicatable business. Now I am basically doing a job as fun as herding cats.
Nothing that produces FEE-For-PERFORMANCE is EASY or INSTANT but I think Network Marketing is far easier and far more lucrative than trying to get a Podcast going or YouTube channel or an Etsy page, or whatever. Even famous authors like John Grisham spent years writing before they found success. John Grisham wrote 10 pages a day for a year writing his first novel while he worked as a lawyer. It’s not easy to add to your plate when you have a career, but it’s even harder when you don’t have a job and all the time in the world now to worry about getting a book done. Things just happen when you are busy, and don’t have any expectations. I write and write and write, and maybe one day a blog post will make me a ton of money, but that is not why I do it. I enjoy what I do. I share my business opportunity because it genuinely helps people. When I start getting too busy to do the business and the pharmacy business, I will have options.
I really got into blogging when I learned about a couple making $114,000 a MONTH blogging so I bought their course and started my blog as I really like to write. (You would never guess that I love writing now, would you!?) BUT really the bulk of their money is from selling courses on how to make money blogging. I can get mad and say I was scammed because as you can guess, this isn’t generating $114,000 a month but instead it’s costing me $200 a year, but so what. I am giving back, I am sharing what I learn, this is doing a lot for my influence and it’s giving me ideas. If I didn’t blog, I wouldn’t have got the idea of calling my new business a Franchise at your Fingertips. That little catch phrase may make me a millionaire because maybe it will resonate with someone who owns franchises and is looking for another income stream. So to say a blog course was a scam because I didn’t make money doesn’t understand that it’s only true I didn’t make MONEY YET. I may be blogging for 10 years and in one day I am suddenly a famous blogger. In the same sense false expectations and instant riches cause people to think they have been scammed- yet they continue to fall for offers of get-rich-quick. I have a GET-RICH-SLOW plan and people just don’t want to embrace their discomfort zone.
So people will call Network Marketing a scam – why? Because of how easy it is to get in, many join without any sense of commitment and the first resistance or criticism they run for the hills and then they spend the rest of their lives telling everyone it’s a scam -but ironically if they put half that effort into telling everyone about their business, they would have succeeded.
A simple fact is yes any business is DIFFICULT but certain things can make it more challenging. I find most people find product based network marketing challenging. When you pick an expensive product to get into a business and to make money in product based, you either have to get people to buy huge kits ( I have spent $300-$1800 on different kits checking out businesses from weight loss coffee to vitamins to shopping clubs to CBD) then they are expected to keep buying product and spend $100-500 a month and soon they have a garage full of STUFF and they can’t sell it and they can’t give it away, and they sold 1 kit to someone who already dropped out of the business and they sold 2 boxes of weight loss gummies and earned a commission check of $5.95 and at that point, it looks hopeless so they quit.
I was selling weight loss coffee once and lost 20 pounds the first 6 weeks so I was impressed with it- and my boss was too. To the point before I could tell him about it, he went and ordered 3 months worth of it on Amazon. The good news is I only lost out on like $20 worth of commissions.
With product based, it really takes a lot of time to even get to the point of breaking even with what you need to spend on product to stay in the business. So the most determined still spend the most of the time replacing those that quit. BUT even in product based, you can find success if you stuck with it.
However there is a way to go with Network Marketing where you aren’t beating your head up against the wall.
In my 10 years in the industry for true passive income, I recommend one where the retention rate for your customers is high. If you get paid monthly a small amount for every commission, would it not make sense that if the more people you keep paying into the business each month, the more money you would get?
Like a legit membership club where you get monthly commissions or a service industry that you can retain many of the same customers year after year. I also recommend ones where you are only putting money back into people’s pockets. This way you aren’t asking people to buy expensive products just to support your business. People may buy the more expensive products often to stay there for the business opportunity, but they likely won’t keep ordering expensive products unless they can’t find them elsewhere. And they can often find ex-distributors unloading their inventory on Ebay or Amazon. And some of these companies sell on Amazon as well as through you.
I also recommend ones with LARGE up front commissions that aren’t from having to sell someone a kit with a lifetime worth of product- With the one I am in if you help commercial businesses with audits you can earn 3-5 figures PLUS passive residual.
So pay down debt with the commissions, invest (Gold, Silver, Cryptocurrency, Real estate, etc) with some of the commissions, pay off your mortgage with the commissions.
Then build the residual to a comfortable monthly level and then just do a little bit to maintain your business.
Do that for the next 9 years instead of just hoping your 25 cent an hour annual raise will get you there.
ALL FIAT currency eventually goes back to ZERO. America could pull the plug before that. It sure looks like you can do everything you can and America still may be going DOWN –
But here at least you go down swinging for the fences.
Reach out to me if you want to learn about my recommendation and opportunity.
Or if you want, check out a survey here – It will take you less than a minute! Here is the survey: https://viv-info.com/d/bcwKWH
Bottom line do something. And if you care about what people think more than you care about being broke and homeless in 9 years, don’t do anything. And then no one will criticize. Yes, people may say negative things about network marketing. People show up at SharkTank too and get criticized. Just know your broke brother in law will mock you, but billionaires like Robert Kiyosaki and Warren Buffet praise Network Marketing.
If you want to get out of this – do something now, learn how to do it right, and stop being swayed by broke naysayers. And don’t take financial advice from broke people.
Learn the right way – treat it like you just spent $2 million on your franchise at your fingertips, and you will have inevitable success. And don’t expect instant success. IF you bought a franchise, many are told not to expect a return on investment for 2-7 years. HERE if you stick with it you will see success in 2-7 months. You can get double your money back in 30 days in my business.
A franchise at your fingertips – a fully operational business with unlimited income potential with no inventory and no employees all run from an app on your phone. Sign up, get started, and in 5 minutes your business is ready to GO.
It is NOT easy, but all the obstacles are out of your way for you to just go right to WORK.
This is WHY I love Network Marketing.
And why I don’t care one flip any more if “you” don’t.
For more info, take my quick survey – Here is the survey: https://viv-info.com/d/bcwKWH
MikethePharmacist