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Presentation on creating a side business to eventually replace income.

Presentation on creating a side business to eventually replace income.

Published in: Business, Economy & Finance

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  • 1. Imagine Your Life...
      Without financial worries or debt
  • 2. Imagine Your Life...
      where your family has freedom to do what they want, when they want to
  • 3. Imagine Your Life...
      where you feel good about what you do every day
  • 4. Some Disconcerting Facts
    • 3% of Americans make 100,000 or more per year
    • 5. 87% retire in poverty
  • 6. You Can Do Something About It
    • Working a job increases increases the wealth and income of the company owners
    • 7. Continue to work your job
    • 8. Build your own wealth on your own time
    • 9. Take action
  • 10. Ways To Improve Financial Picture
    • Get a raise (a really big one)
      • Will your boss really pay you double?
    • Get a second job
      • Who has the time for that?
    • Win the lottery
      • What's the chance of that?
  • 11. Ways To Improve Financial Picture
    • Stock market
      • Many chase this dream but few achieve it.
    • Start Your Own business
      • Possible, but how?
  • 12. Know This Financial success is not easy
  • 13. Building Your Own Business
    • High failure rate.
      • 95% of all businesses fail in first year.
    • Who will show you how?
      • In most cases there is a lot to learn
    • Investment.
      • Be ready to break out your checkbook.
    • What's the pay off?
      • Would you invest a million to earn 100,000 a year?
  • 14. What If There Was A Way
    • To increase the chances of success
    • 15. To get all the training you need
    • 16. To start a business with little investment
    • 17. To generate unlimited revenues
  • 18. Rethink how business is done
  • 19. New Way to do Business
  • 20. What we want is a way to continually increase income over time. And we are talking about more than a percent or two that is the typical annual salary raise.
  • 21. We want to set up an income stream that requires little or no attention once it is up and running
  • 22. Once one income stream is up and running, we can add more streams.
  • 23. Simple Model Assume that it takes significant effort to set up one of these but once setup requires little attention.
  • 24. Simple Model Once we set one up it continues to pay. We are free to add more income streams.
  • 25. I think you get the point
  • 26.
    • Let's say that it is really difficult to set up one of these mini income streams
    • 27. Over time, won't you get to a point where this can be a significant source of income?
  • 28. Multiplied Efforts
    • What if we could get others to add income streams for us?
    • 29. And in the process, they would earn income too?
  • 30. Residual Income We would create a residual income system that would eventually build itself
  • 31. Residual Income Hours of Work per Week Yearly Income
  • 32. Remember You do not have to quit your job.
  • 33. Keep Your Job
    • Work your job as you always have
    • 34. Spend some extra time building something for yourself
    • 35. Over time, your income will be replaced
    • 36. Think of this as plan B
  • 37. Two Things You Must Have
    • A detailed plan
    • 38. Training
  • 39. To begin takes willingness
  • 40. To change takes planning
  • 41. To overcome takes action
  • 42. To succeed takes leadership
  • 43. For More Information