What Is Massive Action? – Post 173

What Is Massive Action, and how can massive action change my life forever?

Here is a summary of the five steps I just laid out.

    1. Knowledge Is Power Only When It’s Coupled with Action
    2. Have a Clear Vision of Your Destination
    3. Evaluate and Fine Tune As You Go
    4. Value and Manage Your Time
    5. Begin Today

Massive Action Boost: a Secret Weapon for Immediate Change

A body in motion tends to stay in motion; conversely, a body at rest tends to stay at rest. You may have become comfortable with your present way of doing things even if it doesn’t work for you or get you where you really want to go. To get yourself out of your comfort zone and boost yourself into massive action, schedule a concrete time to begin your task and set a small window of time to work on it. For example, in my business many people have a goal to make two presentations each day. We have a slogan of two a day ten in play. By having the goal of two a day, over time we will always have ten people that are in various levels of evaluating our business. To achieve the goal of two a day we recommend setting a small amount of time each day to make contacts and stick to it. Don’t allow any other distractions during that time. Once we develop the consistent habit of doing this day in and day out it then becomes easier to transition into taking all out massive action to achieve all out massive results. Before you know it, you will take swift and regular steps in the direction of your most inspiring vision for your life.

The life you want is yours for the taking… and the making. What is massive action? It is your personalized vehicle to deliver you to the life you’ve always wanted, and you are in the driver’s seat.
“The path to success is to take massive, determined action.”–Anthony Robbins

Decision! – Post 172

I took this quote from Tony Robbins book “Awaken the Giant Within.” I found this so powerful and inspiring I wanted to share it with everyone.
 
“Decision was the source of John F. Kennedy’s power as he faced off Nikita Khrushchev during the tense Cuban Missile Crisis and averted World War III.
 
Decision was the source of Martin Luther King, Jr.’s power as he gave voice so eloquently to the frustrations and aspirations of a people who would no longer be denied, and forced the world to take notice. 
 
Decision was the source of Donald Trump’s meteoric rise to the top of the financial world, and also the source of his devastating downfall. 
 
Decision was the power that allowed Pete Rose to maximize his physical abilities to Hall of Fame potential—and then ultimately to destroy his life’s dream. 
 
Decisions act as the source of both problems and incredible joys and opportunities. This is the power that sparks the process of turning the invisible into the visible.
True decisions are the catalyst for turning our dreams into reality.”
                      – Tony Robbins “Awaken the Giant Within”

Keith Abell, RPh CIP MI

Save Money, Get Healthy, Create Wealth!

Let Me Paint a Picture for You! – Post 171

This is YOUR LIFE.  
 
I get up every morning with a smile on my face because I live a joyful and fulfilled life.  I don’t use an alarm clock.  In fact, I no longer own one.  I’m living in my dream home.  It is beyond beautiful…I had it custom built for me and my family.  As I walk out of the bedroom and into the kitchen, I see my family.  Everyone is happy.  It’s Tuesday.  I don’t feel like working today, so I won’t.  I kiss my kids and kiss my spouse.  The energy in the household is relaxed and easy.  There’s a feeling of deep satisfaction all around me.  We all eat breakfast together and when we are done, we hear a knock on our door.  It’s our driver.  He’s picking us up to take us to the airport.  No…we don’t use him every day, but I just don’t feel like driving my car to the airport and leaving it there for 10 days.  We are traveling to Europe to hang out and enjoy life in another country.  Because the flight is so long, and we can afford it, we fly Business Class both directions.  
 
The trip was AMAZING.  Upon arriving home, I check my mailbox and find several envelopes from my network marketing company containing checks which total more than I used to make in an entire year at my job.  After unpacking  and spending a day decompressing from the travel, I go back upstairs to my office and make some calls to my leaders and others on my team.  No stress.  No worries.  ALL is good.  I now work maybe 5 or 6 hours a day doing leadership calls, prospecting new business and working with my team members.  No grind.  Easy, fun and fulfilling.  This is YOUR life.  
 
I’m not saying you want to do any of that.  Maybe you want ALL of that.  The reality is that you can have ANYTHING in your life you want, if you are simply willing to go after something.  But…the key is this.  That “something” has to be something that contains the mechanics of wealth:  LEVERAGE.  You’re likely not going to live like stated above by working for someone else and building equity in someone else’s company.  
 

Keith Abell, RPh CIP MI

Save Money, Get Healthy, Create Wealth!

Part 5 – The Power of Geometric Growth – Post 170

Creating Long Term Financial Success

Part 5 – The Power of Geometric Growth

This is actually the final post in a series of 5 blog posts to cover the topic creating long term financial success but with the New Year upon us and with improving ones financial situation being one of the biggest resolutions I think you’ll find this series very timely. In previous posts I explored the question, “Are You Involved in Marketing?” Whether we worked for a Ford assembly plant or were a pharmacist; whether we were a plumber, dentist or lawyer, we’re all in marketing, we sell our time or skill for money.

We began to explore the Network Marketing business and we started our discussion about how powerful passive residual income can be when it comes to long term financial security. Passive residual income is recurring income that continues to come to you long after the work you’ve done to produce it has ended.

We also explored the power of leveraging the efforts of others when it comes to building long term financial security.

Today I want to get into a little more detail about how powerful the three principles of passive residual income, leverage, and geometric growth can be when it comes to long term financial security and talk about the third principle, geometric growth.

GEOMETRIC GROWTH – DUPLICATION – POWER OF ONE:

The best illustration I’ve seen of geometric growth is the penny-a-day example. It’s also frequently used to illustrate the benefits of tax free compound interest and I used this when I was in the financial services industry.

If you start with one penny, and double it every day for 30 days, how much will you have at the end of 30 days?

If you haven’t heard this before or don’t remember, go ahead and take a guess. Day two you’d have 2 cents; day three you’d have 4 cents, then 8, 16, and so on. How much at the end of 30 days?

I’ve never had anyone who hadn’t heard this before come close. So don’t feel bad if you don’t, and I promise not to laugh. Ready? Did you pick a number?

Would you believe over FIVE MILLION DOLLARS?! ($5,368,708 to be exact!)

That’s right!

Most people don’t believe it until they punch it out on a calculator. And even then it’s sometimes hard to fathom. But it’s true. Isn’t that amazing?

That’s a simple illustration of how networking can work.

If I can teach you, I’ve doubled myself. If we each teach someone else, we’ve doubled again. And as this goes on and on it can produce amazing results in a relatively short period of time, just like the penny example.

The easier your program is to do and the lower the cost to get involved, the more people you can appeal to and the more potential for geometric progression to work. A program that is too complicated or expensive for ‘average’ people to do will always hinder your growth.

Great salespeople can succeed at almost anything they apply themselves to. But not many people have the talents, skills, or desire to be great salespeople. IT’S NOT DUPLICATABLE!

The Network Marking business model is about a lot of average people doing a little, not a few talented people doing a lot.

While lower cost of entry can be an advantage, many programs that are ‘free’, don’t offer any real potential for significant income, and often attract people who aren’t willing to work to build their business. So REALISTIC INCOME PRODUCING POWER is an important area to consider.

Joining a ‘down-line club’ or any other program that promises any variation of – “we’ll do everything for you” – will never produce significant LONG TERM passive residual income, because the majority of people who join are looking for a free ride or are too lazy to build anything significant. None of these programs have ever worked long term and none ever will. It’s a simple fact of life successful networkers accept early on.

The penny a day example is a great model for illustration, but in ‘real life’ it never works exactly like that. Some people never recruit anyone, and others find 10 – 20 – 30 or more. It helps to understand human nature. Despite the fact it rarely works in reality like it’s illustrated on paper, the principle of GEOMETRIC GROWTH is still one of the THREE PILLARS TO SUCCESS with the RIGHT Network Marketing Business Opportunity. With the RIGHT business and these POWERFUL PRINCIPLES, even average people who are willing to work and to learn can achieve their dreams. And above average people may exceed their greatest expectations.

If you can UNDERSTAND and BELIEVE IN those three principles, and find the RIGHT company, you will succeed in Network Marketing. If you’re willing to TEACH these THREE principles to a few others, the results might just amaze you!

The beauty of Network Marketing is that you can get started with very little investment of time or money, and no major changes in your present lifestyle. Eventually, passive residual income can give you the FREEDOM to live the lifestyle YOU CHOOSE, and pursue and enjoy your dreams – whatever they are!

I read somewhere that, “according to IRS statistics, in 1984 20% of NEW millionaires came from Network Marketing. By 1994 it was 50%. I don’t know if I really believe those statistics. But no matter what the percentages are, certainly many new millionaires are created every year in the Network Marketing industry.

Many positive CHANGES have been made in the industry, and several simultaneous MEGA-TRENDS help make this the best time ever to get involved (visit  A BETTER WAY and watch the video)! The time to start is NOW! But it’s important to pick the RIGHT company and industry!

IF YOU UNDERSTAND:

1)      The IMPORTANCE of ‘CONSUMABLE PRODUCTS’

2)      The REASONS for the popularity of the Nutritional Supplement Industry

3)      The importance of high quality, high demand, value-priced, products… and

4)      The principle of a compensation plan designed for fast start income and long term passive income … YOU’RE MUCH MORE LIKELY TO HAVE ABOVE AVERAGE SUCCESS!

Successful Network Marketing offers many benefits: Passive Residual Income – No Boss – No Commute – No Dress Code – Income Tax Reduction – More TIME for kids, family, hobbies, or whatever is important to you – Above Average Income – and much more.

If I had to sum it up in one word it would be FREEDOM! – Freedom to work as much or as little as you want, to come and go as you please, and to spend more time doing whatever is important to you. Once you experience this FREEDOM, you’ll wonder how you ever lived any other way!

There’s no free lunch though. It’s like riding a bike. If I asked, “Would you rather ride a bike uphill or downhill?” most normal people would say, “down.” But in order to coast down the hill, you first have to ride your bike up. Once you start, you may find yourself enjoying the exercise and additional benefits of improving your strength, endurance, and health. The same is true in this business. You have to ‘climb the hill’ (learn the business) before you can ‘coast’. Many people learn to enjoy the process of becoming better people, helping others, and improving much more than just the financial part of their lives.

There are many routes to the top of the hill. Some people choose to take a gradual incline and may take a little longer to get there. Others prefer the direct route, and choose to pedal directly up the steepest side. The beauty is, the choice is yours. We can show you the routes, and you decide what’s best for you. We’ll be there to encourage and guide you every inch of the way.

I mentioned back on the second blog in this series that there were three simple questions to learn to ask to help illustrate these three principles of long term financial success. I covered them during the discussions on the various posts but I am including them on my actual blog site along with this video. If you are watching the video version of this blog on YouTube or some other site then I encourage you to visit my blog http://KeithAbell.info and take a look at the summaries that go along with the video blog.

Best wishes for True Success and a HAPPY, HEALTHY, PRODUCTIVE new year!

Keith Abell, RPh CIP MI

Save Money, Get Healthy, Create Wealth!

 

 

3 Simple Questions to ask that illustrate the three principles of long term financial success:

 

1)      PASSIVE RESIDUAL INCOME: If you had the choice of doing a job earning $500 once, or getting paid $100 per month for the rest of your life, which would you choose.

2)      LEVERGE: If you had the choice to receive 100% of your own efforts, or 5% of 100 peoples efforts which would you choose.

3)      GEOMETRIC GROWTH: If you start with one penny and doubled it every day for 30 days, how much will you have at the end of 30 days?

 

If you were ever in doubt about the growth potential of the networking marketing industry consider this. The network marketing growth statistics are downright staggering and if I was looking at a business to invest in for the future….I would stick to where the growth is NOT where the growth has been. The network marketing industry is in hyper growth stage.

 

Just consider some of these network marketing growth statistics according to the Directs Sellers Association:

 

  1. There are over 56 MILLION people in the world doing some type of business in the network marketing industry. That’s almost double the size of the population of Canada
  2. There was over $100 billion in sales last year which is a staggering amount
  3. The network marketing industry is doing business in over 100 countries around the world. You can be sure that if there was a problem with the industry at least one of these countries would have figured it out by now and brought the whole thing down

And this is the most staggering…

  1. The industry has grown by 90% in the last ten years.

 

Name 5 other industries that have had that type of growth GLOBALLY.

 

What’s the main reason for this growth?

 

People are getting tired of “working for the man.” They want time freedom with their families…both Quality AND Quantity. Basically the network marketing industry is an awesome option for people to begin their business career with minimal risk. And here’s the most exciting part of this. It’s only going to get better with these types of network marketing growth statistics.

Part 4 – The Power of Leverage – Post 169

Creating Long Term Financial Success

Part 4 – The Power of Leverage

Hello, Keith Abell here with another blog post. This is actually the fourth post in a series of 5 blog posts to cover the topic creating long term financial success but with the New Year upon us and with improving ones financial situation being one of the biggest resolutions I think you’ll find this series very timely. In previous posts I explored the question, “Are You Involved in Marketing?” Whether we worked for a Ford assembly plant or were a pharmacist; whether we were a plumber, dentist or lawyer, we’re all in marketing, we sell our time or skill for money.

We began to explore the Network Marketing business and we started our discussion about how powerful passive residual income can be when it comes to long term financial security. Passive residual income is recurring income that continues to come to you long after the work you’ve done to produce it has ended. Today I want to get into a little more detail about how powerful the three principles of passive residual income, leverage, and geometric growth can be when it comes to long term financial security and talk about the second principle, leverage.

Every successful person or business (in or out of Network Marketing) takes advantage of leverage. There’s only 24 hours in a day! And no matter how talented you are or how much you get paid per hour, if you don’t take advantage of leverage you’re limited by the number of hours in a day. By learning to leverage your time, you can also benefit from a percentage of other people’s efforts, and dramatically increase your income and freedom.

If you’re watching this video on the Internet, reading it on my website or someone else’s that’s one simple example of leverage. I don’t have to be physically present to teach you something. I may be sleeping, or vacationing on the other side of the world while you’re learning or sharing this information.

Unfortunately in most traditional businesses, the only ones who benefit from leverage are the owners or stockholders. The loyal, hard-working employees do most of the work. The unique and wonderful thing about the Network Marketing business model is that everyone has the same opportunity to become the ‘owner’ of their own business – with a fraction of the investment of time and money of a traditional business or franchise.

And instead of worrying about training people to become your competitors, in network marketing the people at the top have a vested interest in helping others on their team succeed.

The next question I ask is, “If you had the choice to receive 100% of one person’s efforts, or 6% of 100 peoples’, which would you choose?”

Again, if you answer 100% of your own effort either: 1) you’re not a good prospects for taking advantage of these principles or, 2) you need a remedial math class or additional education.

Many talented people would rather just depend on themselves, and have difficulty grasping the importance of this concept.

Obviously 100% of one is always only one. But 6% of 100 is six. That’s a 600% increase and that’s significant! And with synergy, sometimes it can be even more!

Not only will the total result with leverage almost always be a lot more, but your income isn’t dependent on only one person. If it is, and that person gets sick or injured, disabled, dies, quits working, or decides to go on a long vacation, your income could stop!

But if your income is produced by the activities of many, it’s much more dependable. Even if something unexpected or negative happens to one or more of those people, it only has a minor effect on the total production. For people who understand and take advantage of this it allows them to live the lifestyle they choose and get paid while on extended vacations.

It’s great to get paid while you’re on vacation or doing other things you love! That’s one of the many advantages of leveraging your time, and is just one of many reasons so many high income professionals from all walks of life are flocking to get involved in Network Marketing.

Many professionals, who make great incomes like I did in pharmacy, get frustrated at the ‘bottom line’ after putting in long hours just to cover overhead and miscellaneous expenses. No matter how much you earn per hour, if you don’t learn to leverage your time, your earnings will always be limited by the number of hours you can work in a day. If you want to make more money you work more hours and nobody wants to work 24 hours! But even with a small network marketing organization, you can produce equivalent results to working 24 hours a day, with a fraction of the individual effort.

Learning to leverage your time (and money) is an important step toward gaining Financial Independence and Time freedom.

On my next blog post we’ll continue with how powerful passive residual income, leverage, and geometric growth can be when it comes to long term financial security as we geometric growth. If you are watching the video version of this blog on YouTube or some other site then I encourage you to visit my blog http://KeithAbell.info and take a look at the summaries that go along with the video blog.

Keith Abell, RPh CIP MI

Save Money, Get Healthy, Create Wealth!

Part 3 – The Power of Passive Residual Income – Post 168

Creating Long Term Financial Success

Part 3 – The Power of Passive Residual Income

This is actually the third post in a series of 5 blog posts to cover the topic creating long term financial success but with the New Year upon us and with improving ones financial situation being one of the biggest resolutions I think you’ll find this series very timely. In previous posts I explored the question, “Are You Involved in Marketing?” Whether we worked for a Ford assembly plant or were a pharmacist; whether we were a plumber, dentist or lawyer, we’re all in marketing, we sell our time or skill for money.

As I concluded last time I do believe there’s a better way and that business model is Network Marketing. And we started our discussion about how powerful passive residual income, leverage, and geometric growth can be when it comes to long term financial security. Today I want to get into a little more detail about the subject and talk about the first principle, passive residual income.

Passive residual income is recurring income that continues to come to you long after the work you’ve done to produce it has ended. There’s lots of ways to produce residual income. But many people don’t understand it. Others have never thought about or been exposed to it. And unfortunately, many ways of producing it are out of reach for ‘average’ people.

Successful authors, like J K Rowling of the Harry Potter series, actors, musicians like Mick Jagger, Madonna or even the estate of Elvis, and insurance agents are some of the more familiar avocations that produce residual income. Probably the simplest and best example of passive residual income is interest earned on money in the bank or other investments. It gets paid or credited to you without you having to invest any more time to produce it.

Using the “virtual millionaire” concept I’ll explain, if you had a million dollars in the bank earning 6% interest, that would produce about $60,000 of annual income (before taxes). So if you have any source of passive residual income producing $60,000 or more a year, you are a “virtual millionaire”.

And with the right business, that can be much easier to accomplish than trying to overcome all the roadblocks to accumulating a million dollars in the bank. Instead of Uncle Sam fighting you all the way (taxing all your income), he actually becomes an active partner by giving you all kinds of tax breaks and incentives to succeed.

There are only two sources of income:

1) Income from PEOPLE AT WORK, and 2) Income from MONEY AT WORK…

THAT’S IT!

The simple goal of Retirement & Financial Planning is to make sure you accumulate enough money (or income producing assets), so that when you decide or are forced to retire, it’ll produce enough PASSIVE RESIDUAL INCOME for you to enjoy the lifestyle you choose for as long as you live.

The same concept holds true in Network Marketing. Leverage, and Duplication or Geometric Progression, can help you build it much faster.

Consider this, “If you had the choice of doing a job and earning $500 once, or getting paid $100/mo for the rest of your life, which would you choose?”

You’d be surprised at how many answer $500! These people either, 1) are not good prospects for taking advantage of these principles or, 2) need some education. Those who don’t understand that principle may never achieve their true potential.

Obviously $100/mo. will surpass a ‘one time’ $500 relatively quickly. And if it lasts for a few years, or better yet – the rest of your life – it’ll really be a blessing. Producing enough passive residual income can make you a VIRTUAL MILLIONAIRE in a relatively short time, compared to working for someone else and scrimping and saving for 30 – 40 years.

A VIRTUAL MILLIONAIRE is someone who has enough money coming in every month, WHETHER THEY WORK OR NOT, to support the lifestyle THEY CHOOSE, for as long as they live. It’s also nice to have something SIGNIFICANT to pass on to your heirs or favorite charity.

But like everything else in life, even residual income has a downside. The biggest one is, just like compound interest or geometric progression; it normally takes a little time for the magic to start working. The POWER and BEAUTY of residual income is on the back-end, not the front!

Many people have a hard time understanding this FACT and mistakenly chase false promises of quick or easy money. That’s why there will always be crooks and con artists in the world pitching “get rich quick and easy”. Successful people ignore them. Naive or greedy people usually get burned.

Residual income is NOT about “get rich quick”, even though with the right opportunity it’s possible to produce a small fortune in a relatively short time.

If you’re especially talented or have the time and money to invest, you may have some success in less than a year. And many people do. But without a major investment of time or money it takes most ‘typical’ people a year or two of part time work to generate a decent income, and another year or two to really hit the big time. But achieving success with 2 – 4 years of part-time effort beats the widely accepted ‘standard’ plan of slaving 20 – 40 years working for someone else to make them wealthy!

Most people who fail at network marketing either choose the wrong company or just gave up too soon and quit because they expect INSTANT results. But because the real beauty of residual income is on the back end, not the front, once you build it you have the financial security and time freedom to do anything you want the rest of your life!

The RIGHT network marketing opportunity allows anyone, with no prior experience, special skills, or large capital outlay, to build long term, passive residual income.

A critical component to building long term residual income is offering high quality, high demand, value-priced, ‘consumable’ products or services that people use and re-order month after month.

Because of this simple fact, the top industry in Network Marketing by any measurable standard is Nutritional Supplements and Personal Care products. Some people refuse to consider this industry because they don’t take supplements themselves or don’t understand the ‘Big Picture’ and successful business model of this industry.

Do you think Burger King and McDonald franchise owners invest hundreds of thousands of dollars because they like to eat fast food burgers? Not hardly! They understand human nature and trends in society. We’re a convenience oriented society, and a large part of the population would rather eat low cost convenience food, even if we know it’s not good for us.

But there’s also a booming trend toward improving your health, improving your life, and developing personal and time freedom. Many ‘opportunity seekers’ completely miss or ignore these trends in society. If your business is in front of multiple long term trends, you dramatically increase your chances for success.

I’m not saying it’s not important to believe in and use your own products, because it is! But for true success you have to recognize major trends in society, and your products or opportunity must meet ALL the highlighted criteria above – high quality, high demand, value-priced, and ‘consumable’. (And in this case, ‘consumable’ does not necessarily mean just ‘edible’. It means used and/or re-ordered on a regular basis.)

And with the right business the rewards can be much more than just financial! It’s hard to put a price tag on the goose bumps you feel or tears that come to your eyes sometimes when someone thanks you profusely for introducing them to a product that has had a major impact on their health, their life, or their financial situation.

Unfortunately some people never grasp the importance of this additional benefit. Most good people want to feel they are doing something worthwhile with their life. And it’s not just about making money, even though many narrow-minded or greedy people will try to convince you it is. It’s also about helping others. And doing both can make the right business doubly rewarding!

But your business also has to have profit potential. Some ‘price-based’ products or services have lots of competition and limited profit potential. If you choose a business like that you have to do a lot more volume and it’s hard to build loyalty, which is an important element in producing long term passive residual income.

On my next blog post we’ll continue with how powerful passive residual income, leverage, and geometric growth can be when it comes to long term financial security as we discuss leverage. If you are watching the video version blogs on YouTube or some other site then I encourage you to visit my blog http://KeithAbell.info and take a look at the summaries that go along with the video blog.

Keith Abell, RPh CIP MI

Save Money, Get Healthy, Create Wealth!