When we start a home based business, we should know how hard
we will have to work to achieve our goals.
Michael Dlouhy has taught us to ask The 10K Question.
"How many active distributors do I need in my business to generate
a walk away residual income of $10000 per month?"
We like the question for several reasons.
1. It leaves out products. We don't get into discussions like "My
juice is better than your medical plan!" or "My water filter is better
than your travel deals!"
2. The word 'active' avoids discussion of attrition rates and the
commitment levels of your team.
3. The phrase 'walk away' makes us investigate our policies and
procedures to make sure we can actually retire and pass our
business on to our children's children.
4. The word 'residual' makes us calculate how much money we
will make from retail or wholesale sales, not just from recruiting.
5. The figure of $10000 makes us think big. It's also fair to the
company, as most or all of the commissions and bonuses will
have kicked in by then.
If we started a job or bought a traditional business, we would
know our salary or the income projections from the previous
owner. When we start a home business, however, we rarely
ask that question, and we should!
We worked for five years in a business and discovered too late
that it was going to be almost impossible to reach our goals.
We wished we had asked the 10K question before we started.
If you do not know the answer to that question in your present
business, find out before you waste five years as we did.
If you are considering starting a business, ask the question.
If your sponsor or upline or company rep support cannot answer
you, RUN! As Michael Dlouhy says, "Run far and run fast!"
If you'd like some help to calculate the 10K answer for your
company, we will be glad to work with you. We can also help
you analyze your company's policies and procedures to see if
your business is protected for you and your family.
Start here ... http://sebok.successin10steps.com
As soon as you download the book, we'll contact you to show
you the rest of the free training system, the audio version of
Success in Ten Steps, and many archived training calls - all
free and all generic.
We look forward to helping you any way we can.
To your success,
George and Sabina Booker.
Global Domains International Distributor Forum. GSI Distributors meet here!
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