Immediately Lazer Focus On One Task Before You Get Lost!!!
One needs to lazer focus on one task before they get lost. Robert Kyosaki said become an expert at one investment and when you make a ton of money in that, then and only then it is time to move onto something else.
Lets say you are very successful at real estate. You bought a house at the bottom of the market for $120,000 and sold it at $240,000. You made a profit of $120,000. Then you invest $12,000 in stock and you lose it. You are still okay because you have $108,000 left..
Now lets say you instead decided to use the $120,000 and split it up between two new properties and the real estate market went down. You would not be okay because you lost money. You can not put all your eggs in one basket. Lets say you invest all your money into savings and checking and no investment. The value of your money goes down. Same thing if you put your money only into stock you could lose everything.
Robert Kyosaki meant by his definition of multiple streams of income that when you make money in the real estate investment for instance then you can invest in the stock market. Become an expert at that.
The network marketing gurus definition of multiple streams of income is to join one affiliate program after another affiliate program. That does you know good. Because you can not be married to three people at the same time, nor can you cheat someone else at the same time or else you will lose everything. Stick with one task and become an expert at it, lets say articles for instance. Become a good writer and get people interested in what you are writing about and when you have aced that task then move onto something else like videos.
Lawrence Bergfeld
Learn How To Think Critically
Lawrence Bergfeld
917-399-6207
http://lpb30.bigmlmsecrets.com/?mad=39699
About the Author: Lawrence Bergfeld
Member Since: 11/15/2008
Company: Mentoring For Free
Industry: MLM
Primary Web Site: http://lpb30.bigmlmtruths.com/?mad=41335
Twitter: LawrenceHiker
Facebook: http://www.facebook.com/lawbergfeld

