Having TIME Means Everything

Unless you are one of the ultra-rich, it takes more time to earn more money. But money without time to spend it is a cruel paradox of life. So it is money + time that create true options in life.

How can one be successful with wealth AND have time with family and friends? It's virtually impossible. Ask anyone making a six figure income by himself (not two spouses added together) if he has the time he wants to do what he wants....I guarantee the answer is flat no.

My cousin Marcus, for example, has a thriving mortgage refinancing lead business. I know he earns well into six figures. But, he has little or no time to really enjoy all he has and worked for. I empathize with him. It takes so much time to keep all the balls in the air.


That's why I like MLM. There is no other industry where I can purchase a business for $50 and end up multiplying that by thousands AND have time left over for family -- or whatever it is that floats your boat. That is no risk in my book.

How can this extra time work out? It is THE concept that MLMers really get excited about, and rightly so: Residual Income.

(If you haven't watched the video with Hank H. regarding this topic, check it out.)

Residual,or passive income, is a beautiful concept if you understand it. Simply, it means receiving income now for work you did in the past.

For example, if I write a book and sell it, then I receive money for writing the book and selling it! Duh. But, what about when more and more people keep buying it for months or even years? That's right, now I am receiving income for work I did in the past. That's residual income. Powerful.