6) Investment
Read Time 2-3 Minutes
An investment is not money you are throwing away it is money you are leveraging to acquire more! The wealthy use their money to invest in income producing assets, and those assets pay for their stuff. Everyone else uses their money to buy stuff, and have financial struggle instead of income producing assets. Money can grow on trees but you have to be willing to buy the seed, plant it, and water it while you wait for it to grow. There is no passive & residual income without financial and time commitment.
We once hired a mentor for one year, it cost us $15,000.00. At the end of the year we had learned some good concepts but had NOT succeeded in implementing ANYTHING. Because everything was “concept” nothing was “how to!” The best thing that we gained from this was “that sucked!” and we are so thankful because it inspired us to “do it right!”
The cost for our personal mentoring is $0.00 and the mentoring is good as long as you need us. Our financial compensation comes from the company, the same way your compensation will, for helping people achieve the success they are after. Business affiliation with the company (Life Force International) is also free. There is no inventory to buy because you do not sell anything, you only market, and teach others to market. There is no starter kit to buy, or required amount to order either. In fact expenses that you find in most businesses you will not incur with your online business.
Life Force has eliminated the costs that you incur with most companies, however, there is some cost to doing business. If financial success did not take commitment and sacrifice, everyone would be a millionaire! Below is an overview of expenses that you should expect to incur as you start your online business. This is a basic list, the exact items you will need, and where to get them, are in your training manual.
Internet Marketing Tools…
There are some powerful internet marketing tools that all professional internet marketers use. You will need these to expedite your success, none of them are very expensive. You will also need hosting for your website, a domain name, etc. Your customizable website is a free gift from us.
***These expenses should be under $100 per month***
Search Engine PPC Marketing Budget…
It is a good idea to invest some money getting your website in front of people with paid internet marketing methods while you learn how to create “free organic traffic.” You can do ALL your marketing with free methods, however, this will require more of a time investment from you. It is a balance between how much “money” you want to spend verses how much “time” you want to spend.
***You can spend as little or as much as you want per month. This cost is optional, however it is best if you can do it.***
Office Set Up…
Most people already have everything they will need… Basically a reliable computer with internet access, standard computer business software, and a quality phone with head set.
***If you do not have these items you will need to purchase them. You will also need internet access which is a monthly expense, you probably already have this, so now it is a tax deductible business expense.***
Life Force Monthly Auto Ship Order For Your Personal Use…
An order of 100BV gives you the highest payout…BV stands for “business volume,” it is used as a standardized currency because Life Force does business in several countries. This keeps everything simple instead of having to keep track of multiple currencies. Every product has a price and BV attached to it, which you will see on the price sheet. Your personal Auto Ship BV is what determines the percentage level that you are paid at, 100BV accesses the highest payout for you. BV are also the figures used to calculate your total pay.
*** You do not have to order product to start your online business. You do have to order product to get your paycheck every month though…a minimum of 25 BV (about $37 plus shipping) OR 100 BV to qualify for the maximum pay out (about $155 plus shipping.) These products are life changing, you would want to have them every month – even if there were no business attached.***
Click Here To Download The >>> Life Force Product Price Sheet
All business expenses are tax deductible.
The amount of money you will need to start is up to you, however, we recommend a minimum of $200 in addition to your personal product order. The more money you start with the better, as you will see the return on your investment is higher and returned more quickly, because your marketing will be more abundant.
Time
We recommend you spend a minimum of 16 hours per week working your online business. That can seem like a lot if you already have to commute to – and work a full time job, have family obligations, and home responsibilities too! We know, we have been there – but if you will do this consistently – you should be able to replace you full time income quickly.
Then instead of working a full time job and your part time business – you only need to work your part time online business – and no more commuting! The final goal is to get your income from your online business to the point that it is completely passive and residual. Then you are completely free, freedom is good!
We do have a secret though…Your online business will be “fun!” You may schedule 2 hours one day and end up spending 3 or 4 because what you will be doing is so fun and addicting – you just get caught up in it. We have a lot of fun with the training too – because we believe life should be fun, and if your online business is a part of your life – then it NEEDS to be fun too!
