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5 Rules To Becoming Financially Independent In The 21st Century! - Business - Nairaland

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How To Become Financially Independent By Producing Items At Home / Escaping the Rat Race in the 21st Century!!! - Practical Solutions with Videos / 5 Rules To Get On Top Of My Game (in Business) (2) (3) (4)

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5 Rules To Becoming Financially Independent In The 21st Century! by mikael76(m): 8:44am On Sep 06, 2013
Rule #1: You Need to Have Your Own Business.

“The #1 thing people can do to create wealth is to start a part-time home based business.”
-Robert Kiyosaki-Author of Rich Dad, Poor Dad.

Self-employed people make up less than 20 percent of the workers in America, but self-employed people account for two-thirds of the millionaires in America.

Watch out for the next rule...
Re: 5 Rules To Becoming Financially Independent In The 21st Century! by segzyj(m): 8:51am On Sep 06, 2013
In America or Nigeria?
Re: 5 Rules To Becoming Financially Independent In The 21st Century! by mikael76(m): 9:01am On Sep 06, 2013
Rule #2: You Need to Be in a Business Where You Can Take Advantage of “Leverage” & “Residual Income”

Leverage & Residual Income are the 2 most powerful wealth building concepts ever created & used by world’s wealthiest people.

“Leverage” is the ability to get paid on your efforts and On the efforts of others.

If anything happens to you and you can’t work, you can still continue to earn an income on the efforts of others! In fact, your income can continue to grow, whether you’re working or not, as your “network” of those you earn an income on continues to increase in size!

“I’d rather earn 1% on the efforts of 100 people than 100% on my own efforts!”
-The late billionaire J. Paul Getty,
once the world’s wealthiest man.

“Residual Income” is the ability to get paid over and over on a one time effort.

Example: When you sell someone a product they have to repurchase on a monthly or periodic basis, you earn an income each time they re-order the product. You make the “sale” once, but get paid each time they purchase the product.

3rd rule?

Coming soon!
Re: 5 Rules To Becoming Financially Independent In The 21st Century! by mikael76(m): 9:04am On Sep 06, 2013
Using America as an example or case study.
segzyj: In America or Nigeria?
Re: 5 Rules To Becoming Financially Independent In The 21st Century! by Namiad(m): 9:18am On Sep 06, 2013
Thats cool....
Re: 5 Rules To Becoming Financially Independent In The 21st Century! by mikael76(m): 12:19pm On Sep 06, 2013
Rule #3: You Need to Be in the Right Industry:

Sales, Marketing, and Distribution is the highest paid profession in the world.The highest earners in the sales, marketing, and distribution profession are in Network Marketing. Network Marketing is simply a distribution business model where people get paid to refer a product or service to people they know and people they meet! (“Word of Mouth Advertising With a Payday.”)

Network Marketing is the fastest growing form of product distribution in the world. Network Marketing allows you to take advantage of “Leverage income” and “Residual Income,” the 2 most powerful wealth building concepts ever created.


Did You Know?


Over 15 million Americans and more than 60 million people worldwide are in direct selling/network marketing.

“Network Marketing Accounts For $30 Billion a Year in Sales in the U.S. and over $100 Billion in Sales Worldwide! It’s growing faster than any other form of retailing!”

-Neil Offen - President of the DSA (Direct Selling Association)

“The best kept secret in the business world”, Fortune Magazine.
“Dollar for dollar, it’s the best investment I ever made!”

-Warren Buffet - the World’s third Wealthiest Man.

Buffet’s company, Berkshire Hathaway, now owns 3 direct selling/network marketing companies.
Re: 5 Rules To Becoming Financially Independent In The 21st Century! by mikael76(m): 12:23pm On Sep 06, 2013
Rule #4: You Need to Target the Right Audience and be in the Right Business if You Want to Succeed!

The largest and most affluent audience in the world today is comprised of more than one billion, aging “baby boomers”, individuals born between 1946 and 1964. They have more discretionary, spendable income than any other group.

What are they interested in?

Looking younger, living longer, and leading a healthier, and more active lifestyles (You will need a solid income or financial background to maintain such lifestyle of wealth and Health/Wellness).

“More millionaires will be earned in the Affiliate/Network Marketing Industry than in the real estate boom of the 80’s or the Internet gold rush of the 90’s.”

-Paul Zane Pilzer - Economist/Best Selling Author

The last but not the least and very important rule #5 is on its way...

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