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How would you like to be part owner (or owner) of every business with which you spend your money? As a follow-up to that question, and for purposes of this article, let's create the hypothetical scenario which puts you in an ownership position of your superstore, pharmacist, gas station, auto dealership, real estate loans agency, mortgage lender, insurance broker, and any other business at which you spend your money for products and service on a regular basis, or even once in a while. As an owner of these businesses, it would be rather silly to shop elsewhere, wouldn't it?
Now let's decide how your shopping for personal and household items is treated in your own businesses. You would probably have determined an amount you would pay for these items so that the cash flow of your businesses is not affected negatively even if you didn't pay full retail price for the products and services you consume. At the same time you would want to gauge what your return would be as a result of the money you have spent in these businesses (all your own) and compensate yourself according the business plan and payroll budget.
What would that payroll budget show for your own personal income from those businesses that you own? How much would you pay yourself from the proceeds of your businesses, how often would you pay yourself? Would your earnings be salary, commission or a percentage of the gross revenue of the businesses? How much would your employees earn?
Would you expect them to support the business which pays them? And would you give each employee the opportunity to share in the profits generated from those businesses? They would obviously be trained, but would the training be free of charge or would they have to pay for training in the operation of your businesses?
These and many more questions like them occupy the minds of would-be business owners throughout the United States and indeed, the civilized world, on an ongoing basis and the answers are not always crystal clear or available at the times the questions are being asked. For although there is the usual business plan prior to creating a logo or printing up the business cards and other stationary, the day-to-day operations of the business from opening day seldom goes according to plan;
But there is one element of your businesses that is as predictable as the sun rising in the east: Once the doors are opened, the sign goes up and the lights turned on, the bills-flow (operating expenses) would have been activated and therefore will continue for as long as you own your businesses, whether they are profitable or not.
Keeping in mind the hypothetical expenses discussed earlier, let's keep those businesses, purchase our personal and domestic products and services from them, and pay ourselves according to a pre-arranged amount (percentage of income generated), and offer a similar earnings method to others for their help in building our business while they work toward building theirs.
Let us determine the amount of time we will commit to these businesses in order to build them up to a point where the income derived from them will be sufficient enough to support our household necessities and business materials. Let's begin to operate our businesses immediately after making the decision go into business. Let's not worry about the expenses that existed while we had owned them under the hypothetical scenario above.
Let us operate our businesses without the worry of having to repay a business loan(s) which would have been necessary in the hypothetical scenario above, or pay the utility bills; or the business tax; or the corporation expenses; or the inventory (if a product); or payroll for our employees; or equipment breakdowns. Or any of the expenses (expected and unforeseen) in the hypothetical scenario. Let us make the determination right now that the only thing we need to do in order to operate our own business is to decide to operate our own business.
And if we decide to do it, then let us do it without having to pay one penny upfront or at any other time to operate those businesses, unless we wish to make a purchase for our own personal, domestic or business use. This is not hypothetical, it is real. Welcome to your own businesses minus the operating expenses! Only you will determine if it is to be a MLM business based solely on how many friends (helpers) you share it with.
Here are a few of my offices:
Main office
Gas & Food Store
Credit Report/ Credit Repair office
Home Financing office
Fund Raising Assistance business
There are many others I work with, which you will learn about once your decision is made to operate your own businesses. Part of the training is recorded on audio presentations 1 and 2. It's a good idea to listen to both of them for some perspective on how the company pays us even though we are charged nothing.
Now let's decide how your shopping for personal and household items is treated in your own businesses. You would probably have determined an amount you would pay for these items so that the cash flow of your businesses is not affected negatively even if you didn't pay full retail price for the products and services you consume. At the same time you would want to gauge what your return would be as a result of the money you have spent in these businesses (all your own) and compensate yourself according the business plan and payroll budget.
What would that payroll budget show for your own personal income from those businesses that you own? How much would you pay yourself from the proceeds of your businesses, how often would you pay yourself? Would your earnings be salary, commission or a percentage of the gross revenue of the businesses? How much would your employees earn?
Would you expect them to support the business which pays them? And would you give each employee the opportunity to share in the profits generated from those businesses? They would obviously be trained, but would the training be free of charge or would they have to pay for training in the operation of your businesses?
These and many more questions like them occupy the minds of would-be business owners throughout the United States and indeed, the civilized world, on an ongoing basis and the answers are not always crystal clear or available at the times the questions are being asked. For although there is the usual business plan prior to creating a logo or printing up the business cards and other stationary, the day-to-day operations of the business from opening day seldom goes according to plan;
But there is one element of your businesses that is as predictable as the sun rising in the east: Once the doors are opened, the sign goes up and the lights turned on, the bills-flow (operating expenses) would have been activated and therefore will continue for as long as you own your businesses, whether they are profitable or not.
Keeping in mind the hypothetical expenses discussed earlier, let's keep those businesses, purchase our personal and domestic products and services from them, and pay ourselves according to a pre-arranged amount (percentage of income generated), and offer a similar earnings method to others for their help in building our business while they work toward building theirs.
Let us determine the amount of time we will commit to these businesses in order to build them up to a point where the income derived from them will be sufficient enough to support our household necessities and business materials. Let's begin to operate our businesses immediately after making the decision go into business. Let's not worry about the expenses that existed while we had owned them under the hypothetical scenario above.
Let us operate our businesses without the worry of having to repay a business loan(s) which would have been necessary in the hypothetical scenario above, or pay the utility bills; or the business tax; or the corporation expenses; or the inventory (if a product); or payroll for our employees; or equipment breakdowns. Or any of the expenses (expected and unforeseen) in the hypothetical scenario. Let us make the determination right now that the only thing we need to do in order to operate our own business is to decide to operate our own business.
And if we decide to do it, then let us do it without having to pay one penny upfront or at any other time to operate those businesses, unless we wish to make a purchase for our own personal, domestic or business use. This is not hypothetical, it is real. Welcome to your own businesses minus the operating expenses! Only you will determine if it is to be a MLM business based solely on how many friends (helpers) you share it with.
Here are a few of my offices:
Main office
Gas & Food Store
Credit Report/ Credit Repair office
Home Financing office
Fund Raising Assistance business
There are many others I work with, which you will learn about once your decision is made to operate your own businesses. Part of the training is recorded on audio presentations 1 and 2. It's a good idea to listen to both of them for some perspective on how the company pays us even though we are charged nothing.
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