If you are an Engineer or other technical professional you are probably earning good money but also understand that time is the most valuable resource, and that is in short supply. If you have money but no time to enjoy it what is the purpose???
TIME AND MONEY!
Ideally we need both right? Time and Money! Yes that’s it, isn’t it? As with most high paid professions it can take a lot of time investment into a career to be successful. So how can you get both time and money? You need to consider leveraging your time to get more of it. As long as we trade time for money you will eventually run out of time in the day. There’s only 24 hours day for each of us. But how can we leverage it better?
The only way to get more time in your life is to be able to buy it back. You need to stop only trading time for money. The MLM or Network Marketing Business model works off a principle of time duplication. It is based on the J. Paul Getty phrase where he said ” I would rather get paid 1% of a hundred mens efforts instead of 100% of my own efforts”
That’s what the concept of network marketing and franchising is based on. In reality each and every one of us can use this method to build an income that is ongoing by building a team of like minded people who understand the power of the numbers in this model.
Consider this: If you asked most people if they would prefer to have a penny every day doubled or a million dollars they usually say the million bucks. But lets see how this would really lay out.
Day 1: $.01
Day 2: $.02
Day 3: $.04
Day 4: $.08
Day 5: $.16
Day 6: $.32
Day 7: $.64
Day 8: $1.28
Day 9: $2.56
Day 10: $5.12
Day 11: $10.24
Day 12: $20.48
Day 13: $40.96
Day 14: $81.92
Day 15: $163.84
Day 16: $327.68
Day 17: $655.36
Day 18: $1,310.72
Day 19: $2,621.44
Day 20: $5,242.88
Day 21: $10,485.76
Day 22: $20,971.52
Day 23: $41,943.04
Day 24: $83,886.08
Day 25: $167,772.16
Day 26: $335,544.32
Day 27: $671,088.64
Day 28: $1,342,177.28
Day 29: $2,684,354.56
Day 30: $5,368,709.12
Network Marketing is like that too. You don’t need to know a ton of people because if everyone just knows a few the numbers on your team will expand greatly. Remember it starts out slow but build over time.
WHAT SHOULD ENGINEERS LOOK FOR IN A MLM COMPANY?
If you are an engineer and understand everything we have just covered then what should you look for in a network marketing company? Here is my list of must haves:
- Online Lead Generation System
- Email Auto Responder to follow up
- Online Sales Funnel Tool
- Teaching and Training System
- I growing product category that is consumable
- Ability to work with like minded people
- Excellent compensation plan with no income limits
- Ability to work in your spare time
- Little to no investment
- No home, hotel or restaurant meetings
- No need to attend rah rah functions
- Stable company financial position
- Most important Introverts can build it successfully
If you are like me and are better with computers and machines than people you can still build a second income that could allow you to work less hours and spend more time with your computer or robots. You can also invest that money into your retirement or even retire early if you wanted too. Who knows, you may even be able to buy a ticket on the first passenger space flights soon! It’s up to you and yes you can do it your way!
Thanks for reading!
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