I’m not sure when it was, sometime in the last 15 years, I began to change my thinking about money. Prior to that, I worked to make money to pay bills. I had no drive for work or desire to have a career, I just wanted to be able to enjoy life and be a responsible person.
Something about MLM/network marketing/party plans was appealing to me, but I tried company after company and never found something that worked. Starting in 1985 or so, I went through over 36 companies, looking for the perfect one. THIRTY SIX + COMPANIES! If I named them, you would recognize several of the names, I’m sure. Many had excellent products. Very few had quality compensation. Several went under within a few years. A couple of them stole the customers after we worked hard to attain them. By 2014, you can imagine how burned out I was. I simply didn’t want to look at another MLM.
Some people make a living hopping from company, bringing their team with them and then moving on when the excitement wears off or when the company folds. That is not my style. I wanted a place I could call home. A REAL business. A company I could trust. A solid foundation. A reliable monthly income. I had pretty much given up all hope of finding anything like that.
Our education system teaches toward the job market. It works like this. Go to school for 13 years, graduate, go to college for 4 or more years, graduate, get a job, work 40 or more hours per week for 43 years, retire if you can. Possibly work during your retirement to make ends meet. During my college years I already knew I didn’t want to travel this road, so I attended, took a variety of classes that didn’t add up to a major and 3.5 years later, I stopped attending. I enjoyed it, I learned alot, but it wasn’t for me.
Now I’m not saying that everyone should feel the way I do, but this has been my experience.
In 2004 I began expanding my education. I listened to podcasts and read books, and watched videos about money/finances/wealth. I learned how the wealthy think. I studied. My thinking began to change. I wanted more. I wanted to be debt free, I wanted to be able to bring my husband home and spend more time as a family and I wanted to be able to give to others without blinking an eye. This was when I began looking at companies in earnest. Prior to 2004 I didn’t realize what I was looking for. I joined and worked over 30 of the 36 companies between 2004 and 2014. I gained a lot of experience. I definitely learned to understand compensation plans, and I experienced success in a few of the companies.
One thing I am very thankful for during those years, is the education I received. I consider it my Masters Degree in wealth building, putting your money to work for you, and in personal growth. It was a considerable investment of time and money, but well worth it in this regard. This education has been ongoing.
This brings me to today. In contrast to the way we are usually taught, we do not have to be a slave to a 40 hours per week job… unless we choose to. We don’t have to answer to a boss, ask permission for days off, or wait for a 2 week vacation once a year. Money doesn’t have to be traded for time. This is real freedom, learning the ways to invest our time and money so that it brings in regular income month after month. Here are some suggestions. I will go into more detail on these in future posts.
- Real estate rentals
- Cashflow assets
- First trust deeds
- Dependable repeat sales
- Paying off debt
- Affiliate income
Please comment if you have used any of these or if you have other ideas. We love to collaborate!