Friday, December 09, 2005

There are only three ways to make money...

Did you know that?

It's true. There are really only three routes you can take to create income in your life.

Most people only use ONE of them. And, as you might guess, they use the one that is LEAST likely to make them wealthy. On the other hand, wealthy people usually make use of all three of them.

So, here they are: the three ways to make money:
  1. Man at work: personal effort that creates income
  2. Men at work: earning income from other people's efforts
  3. Money at work: earning income by having your money work for you

Of course I'm using the terms "man" and "men" generically to include both men and women. But you can see clearly that MOST people never get out of first gear. They get a job when they're 16 or 17 where they trade their time for dollars. Forty years later, they're still doing the same thing.

Wealthy people take a different route. They use a concept called "leverage" where they multiply their earning power.

For instance, look at #2. Let's say you're in a situation where you work 15 hours a week and also have 40 other people working 15 hours a week. That's a total of 615 hours that you're getting paid for EVERY WEEK! It would take you almost a MONTH to do that much work on your own. And you wouldn't have much of a life.

And, let's take it a step further. In that situation, if you took a vacation for a're STILL going to get paid on 600 hours of productivity! Even though you didn't personally do anything.

That's called "leverage". And that's what you can create with Liberty League International.

My last point is this: most people have no clue what to do with money when it DOES show up in their lives. Leaving it in a savings account to get 3% interest isn't the right answer. And, until you learn #3: how to get your money working FOR you....then you'll always have to have EFFORT (yours or someone else's).

But, wouldn't it be great if you could create a situation where you could earn a CEO's income in six to twelve months.....and then use cutting-edge financial strategies to get that money multiplying for you?

So that retirement is no longer a concern.
So that your money is working for you.
So that your interest's interest is earning interest?
So that you earn money 24 hours a day, 7 days a week, 365 days per year whether you're working the business or not?

This third step -- getting your money working for you -- is what we learned in Whistler, B.C. this week at the Beyond Freedom Summit Conference. It's a five-day, all-inclusive event that opened up a whole new world of financial understanding for thousands of people.

One of the speaker's was Jordan Goodman, "American's Money Answer Man" (pictured above). He shared strategies this week that -- worst case scenario -- was worth a couple hundred thousand dollars in tax savings and new earnings. It was phenomenal.

The next Summit Conference is going to be in June, 2005 in South Africa. Scroll down for the details. If you weren't here in Whistler this week, you definitely don't want to miss the next one!

To your success! TR

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