Shopping trip . . . to London? Why not? Lets go! Art & Ann Jonak and Big Ben.
How many network marketers can you fit in a phone booth? Five! Mike & Tiffany from Kentucky, Calvin from Hawaii and Art & Ann from Houston.
Mike Potillo helps Arts daughter Julie realize that dreams do come true! Julies favorite show (Phantom) in her favorite city (London) and great tickets at Her Majestys Theater in Londons West End. Wow!
Ann Jonak & Tiffany Potillo love the London tube. This makes it so much easier to do even more shopping!
LONDON, ENGLAND, THURSDAY, 1:47 p.m.
All progress is based upon the universal innate desire on the part of every organism to live beyond its income. Samuel Butler
For Christmas this year I decided to take my family (along with a few close
friends) on a five-day shopping trip to London, England. While there I met up
with some fellow network marketers for some fun and training. And just like
in the United States, they asked me, when should they quit their j-o-bs and
go full-time in the business?
One of the biggest reasons people join network marketing is because they hate their jobs. Their goal is to earn enough money so they can afford to leave their present employment. Will that give them financial security? Probably not.
For example, lets say John earns $2,500 a month at his job. That $2,500 monthly check pays the expenses for John and his family. While he is building his networking business, his part-time checks of $1,000 per month represent extra income that is not required to cover his family overhead. Its unencumbered money.
That extra $1,000 a month could buy trips, nice cars or fun times, could pay off debt, be saved for retirement or be invested for financial security. Life is good with extra cash to spend as you wish.
But what happens when Johns network marketing check reaches $2,500 a month? He makes a mistake thats devastating to his network marketing career: he quits his job.
Now Johns $2,500-per-month network marketing check pays the expenses for John and his family. There is no extra cash or fun money. The budget is tight. John sweats his sales volume every month, hoping his check wont drop to $2,300.
See the difference? The successful network marketers I know keep their jobs and invest their network marketing checks. After a few years, they reach total financial independence because of their investments. Then they quit their jobs. Their investments now pay the monthly expenses while their networking checks are spent on vacations and other fun activities.
The Magic of Part-Time
In network marketing, you can start this miracle of achieving financial independence by working your business part-time.
Jim Rohn says, Profits are better than wages. Wages make you a living; profits make you a fortune.
If you apply Jim Rohns view to network marketing, it would go something like this. Lets say you devote ten to fifteen hours per week to your networking business and you start making a profit. Heres what you can say:
Im working full-time on my job and part-time on my fortunebut it wont be long before Im working full-time on my fortune. Can you imagine what my life will look like then?
Your next goal could be to earn part-time from your networking business what youre earning full-time from your job. Once you do, heres what you can now say:
I found a way to work part-time on my fortune, and Im making as much money at that as I am at my full-time job. Would you like to hear my story?
Your next goal could be to make twice as much working part-time on your fortune as you do working full-time on your job. Now look at your story.
Through this unique opportunity, Ive found a way to work on my fortuneand now Im earning twice as much money part-time as I make full-time on my job. Would you like to hear my story?
Practically all your prospects (who work full-time in their jobs) will say:
Yes! What are you doing?
Its an incredible invitation and an electrifying story you can build without quitting your job.
If you still insist on quitting your job, here is a good rule of thumb: when your part-time networking business income equals your full-time job income for three consecutive months, only then should you even begin to consider quitting your job and becoming a full-time network marketer.
My friend Keith has a good grasp on this concept. He has his employer deduct 100 percent of his full-time j-o-b paycheck towards his taxes. Why? It helps cover the taxes he owes for his growing part-time network marketing business!
Keith now tells his prospects: My part-time business is going so well, I use my entire paycheck from my full-time job just to pay my taxes! Would you like to hear my story?
ART JONAK is a Networking University faculty member,
a successful network marketing leader and widely respected trainer.