Do you actually know the definition of a recurring income?

A linear income  resembles bills which you pay once and they are done. Buy a dress, buy a meal, see a movie, things you do once at a time – they are linear expenses.

There are also recurring expenses:                 your utilities bills, your telephone bill, various insurances -                                                       amounts you keep paying again and again on a monthly basis.

In  most professions – teachers, doctors, lawyers, or in fact any other – you are exchanging time for money.  You teach, treat a person, set up a contract. When you stop working, your income stops – you have a "linear income".

• However, if you write a book (preferably a best seller) or make a CD which will sell well or you purchase stocks to save up for your retirement your income structure is different. For each book or CD that is being sold you earn a certain amount money – month after month and year after year.
• For a good investment you will receive dividends in much the same manner. This is a so-called "recurring" income:  you receive it for something you have done once and it goes on and on.

When you create a recurring income you can actually live the life style of the rich without having to become a millionaire first.

If you apply what you learn from Mentoring For Free in your network marketing business today you will get there.
In life, you will only ever get paid for what you DO and not for what your KNOW, but of course you have to learn: "what" to do and and "how" to do it right, before you will be paid for doing it successfully.

Would you prefer to have heart surgery done by a surgeon or by a student? No? Well why should it be different when it comes to success in network marketing?

• A recurring income solution for a teacher might be receiving a small percentage of each student’s income after they leave school and start working, and for as long as the student works.

Crunch the numbers to see how much you would have to have to save up to be able to have a recurring income of 10 000 Dollars from interests on your account. Right now this is an interesting question  – a life time of savings would not be enough!

When you start a network marketing business you will soon be having some extra income.  As your team grows also the checks will grow. If you are wise and use that extra money to pay off your debts first, you will be debt free by the time your recurring income reaches 10 000 Dollars a month and that will already do nicely for a good life style.
It is an excellent way to create wealth – you likely do not know many people who will be able to achieve that kind of income from their interests.

Provided you are coachable and you really want to KNOW you can build that kind of income in network marketing in 2 – 10 years.

To Your Recurring Success

Frieke Karlovits
A Mentor With A Servant’s Heart

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Given choice, which would you prefer – time or money?    Do you feel this is a lop-sided choice which ever way you take it? Let’s consider it for a moment:

What can you do if you have all the time in the world: You can spend time with your family and friends, enjoy  your hobbies, throw away the alarm, enjoy nature when the weather is fine – what else can you think of you’d do if time at hand was unlimited?

What can you do with plenty of money: You can travel to all the places you fancy,  buy the car of your dreams, pay for a college education for your children, have the house of your dreams, a yacht, a permanent seat at the Metropolitan Opera – what are your ideas with a constant flow of  good income?

Of course you will say – wait a minute – how can I cope with the cost of living when I have all the time at hand I want and on the other hand  how do I do and buy all I want when my time is taken by earning the big income – for me there is no choice:

If I have the time I don’t have the money and if I have the money I am short of time. A vicious circle!

There are several solutions to this problem:

1. You can have enough money in the bank to live on the interest
2. You can write a book which becomes a best seller and you live on the royalties
3. You can marry rich or have rich parents who leave you a wonderful business
4. You can build a business which gives you a recurring income

to 1: Let’s assume you need a monthly income of 2000 Dollars for all you need – let’s say you manage to invest it that it gives you 6% of interest – how much money do you need to have a monthly income of 2000 Dollars – you can work this one out!

to 2: Well I am sure you were a gifted writer already at school – how come you have not  landed your best seller yet?

to 3: Oh – I understand – you much prefer to marry the love of your life than just anyone  for the sake of money. How many people do you know personally who are “professional siblings” – hm – none?

to 4: So why not jump at number 4 – building a business to create a recurring income. You have been doing network marketing all your life – even in Kindergarten you have already promoted what you liked – a toy or a nice playground where you wanted your friends to go too. Later in life you have recommended a restaurant or a special offer to your friends and family, that way creating plenty of income for the involved business owners – however – you have never made a Dime for your efforts – why not cash on this natural talent you are having?

That’s what network marketing is all about – you recommend products or services which you love and are being paid for the service. It is as simple as that. If you want the skills you require to do it as a business we are here to help you. the wonderful mastermind group founded my Michael Dlouhy,

“Mentoring For Free”. You can take it or leave it – it is your choice…

Looking forward to helping you achieve the life of your dreams,

Frieke Karlovits

Your Mentor With A Servant’s Heart

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