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III LIGA
Dołączył: 17 Lis 2010
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Wysłany: Wto 11:13, 22 Lut 2011 |
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one of his best selling books, Robert Kiyosaki writes about the “Wealth Ratio” and what it truly means to be wealthy. Here’s the basic wealth formula… First, wealth is measured in TIME not money.
Ask yourself this…
How much free time do you have that you don’t have to work?
This will be determined by your “Wealth Ratio” which is determined by how much money you have in the bank right now, and how long you could live off that money? If your expenses are $3,000 per month and you have $6 [link widoczny dla zalogowanych],000 in the bank, then you could live your current lifestyle for only 2 months not working, right?
CALCULATING YOUR WEALTH RATIO
Your wealth ratio is calculated by dividing your total monthly earnings by your overall monthly expenses. If your wealth ratio is 1:1 it means your monthly income is equal to your living expenses. However if this income is not passive it still means that you have to work a just to live through every month.
So the ultimate goal would be to map out how to generate “multiple passive income streams” that exceed your living expenses [link widoczny dla zalogowanych], so that you are not dependent on your This is how I chose to designed my life, because this is true wealth.
HERE’S HOW YOU CAN ACHIEVE THE SAME
Figure out what your monthly expenses are, then write down the amount of passive income you now bring in. If not any yet, that’s ok. Do this assignment anyway… it’ll help you achieve clarity.
Example: Using the $3,000 in monthly expenses from the above as an illustration, you would need to bring in $3,000 passive income per month (income from a non traditional job) to have a wealth ratio of 1:1. If you earned twofold your monthly expenses from passive income, your wealth ratio would be 2:1 or 2. Now you will need to determine how much you need to earn PER DAY. If you need $3,000 per month that equals approximately $100 per day.
O.K so now that you know what your daily expenses are, you now need to determine what you need to do to earn that amount per day. So how many leads do you need to generate to make $100 per day in sales? Let’s say for every 20 leads you generate, you get one new downline associate which earns you $35 in commissions. Based on that scenario you would need to generate 60 leads per day to make $100 for each day ( minus advertising costs, if any. )
It is just a matter of looking at your own situation and doing your own calculations. You’ll now have a clear plan on how many leads it takes to hit your daily goal.
WHY IS THIS of the essence?
If you are looking for real financial independence, this assignment will give you the capability to design your lifestyle of option, don’t skip it. If you do this exercise everything will become so clear for you because you will have a very clear plan of what is needed to achieve your goal, and all in simple numbers you can work towards.
It’s does not help just saying that “I want to be rich!” Well what does “RICH” mean to you? What does it look like for you?
Instantly grab your favorite beverage, take out a pen, paper and calculator and do this assignment now [link widoczny dla zalogowanych], and start to design your ultimate lifestyle. From here you just need the proper business model, and the proper training on how to generate leads and income to meet up your daily goal.
This is the exact exercise I did over 5 years and now I have a wealth ratio of 2 and live an awesome life because of it. I was coached by the top mentors to acquire the right business vehicle, and then to drive traffic to my business, which converts into customers and distributors every day. I get to spend time with my kids and watch them grow up.
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