Creating Financial Freedom

In years gone by people were naive and believed that financial freedom was nothing more then a dream, a life that was only achieved by the well-educated or those lucky enough to be born into it. Today it’s a different story. We now know that almost anyone has the potential to live a luxurious lifestyle. So why should you be the one to miss out?

More often then not, those seeking financial freedom are ultimately seeking freedom from debt. However, we personally believe that it’s more then being debt free and financially secure, it’s about being able to enjoy life without having to worry about the cost. For some this might mean living an extravagant life fullfilling their materialistic dreams, while for others it might simply refer to living comfortably without having worry about bills. Regardless of the context of your financial desires, to achieve financial success you must have a clear understanding of what you want to accomplish and be able to set yourself a smart goal that you can actively work towards achieving.

How Do We Achieve Financial Freedom?

A smart business-person knows that there are many ways to make money. Some choose to work hard, others prefer to work smart. One thing is for sure, you do not achieve financial freedom by working a 9 to 5 job waiting for it to happen! Essentially there are only 2 ways to achieve financial freedom. The first is to have your money work for you; the other is to have something or somebody else work for you. Let’s explore this more.

Investments
Stocks and bonds, real estate, venture capital, and other investments are methods that allow your money to work for you. These are endorsed by many wealth creation leaders as proven methods to becoming financially free. Unfortunately this option requires substantial up-front capital. In order for your money to earn money, you must have a large amount to start with. This is great if you do, but for the vast majority this is not a viable option.

Although investments can be very rewarding there is also an element of risk involved as you have little control over the outcome, so it makes sense to do your homework. After finishing this page if you decide that your money is best invested in stocks and share, we personally have found Home Trader to be a good introduction to the stock market.

Operate a Traditional Business
In this option you choose to start your own business and sell or resell goods or services earning a profit on each item sold. Initially many people consider this option, but soon learn that this method usually requires a major financial investment, which many do not have. Additionally, there is the need to have a good understanding of cash flow, marketing and management skills. If the thought of being your own boss within this traditional structure is appealing to you, be aware that in reality every customer becomes your boss.

Again, although owning a traditional business can be rewarding, this risky venture usually requires a huge commitment of both time and money, and can make you become a slave to your business. This is not to deter people from looking at this option, with the right approach it can definitely be financially rewarding. Research does suggest however that the odds are against success, especially if you begin without substantial funding. About 80% of small businesses fail within their first year. A further 15% will fail within 5 years. Out of the 5% left, very few achieve their financial dreams.

Both investments and operating a traditional business can potentially help you to achieve financial freedom, but they also have a huge element of risk. So how else can we achieve a better financial future? The key is to find a passive form of income that continues to grow without having to do additional work. Leverage the efforts of others

Our best advice in regards to achieving financial freedom is in the concept of leverage. Learning to leverage the time and efforts of others is the most cost and time effective way towards creating financial freedom. You not only want to earn a leveraged income, but also one that continues to grow without any additional work.

An Easy Solution
So how can we leverage the time and efforts of others to create a lifetime of wealth? Well, there are actually a number of solutions. You could choose to operate a traditional business as mentioned above, but more importantly choose to employ others as this allows you to leverage off someone else’s work. You could create something of value that allows you to earn royalties - such as a song or a movie, or you could choose to start a network marketing business, which by design is programmed to earn both a residual and leveraged income that continues to grow exponentially. In fact, the earning potential of most network marketing companies is unlimited.

“To have what you have never had, you must do what you have never done”

The network marketing industry is growing at an alarming rate, with current estimates of over 50 million people working in the industry worldwide and 150,000 people starting a network marketing business each week. Despite the fact that in the past several years some network marketing companies gave the industry a bad reputation, the tides have now changed. Network marketing has come of age and since taking advantage of growing marketing trends and the internet revolution, network marketing is now the preferred choice for people looking to achieve financial freedom.

The network marketing industry is now recognised as a reputable way to create wealth. It is endorsed by a number of well known successful business people who have discussed the many benefits to network marketing in their publications, some of whom include:

Donald Trump
American business executive, entrepreneur, TV personality and author. Donald Trump is the CEO of Trump Organization and is well known for his successes in real estate and is a respected leader in wealth creation.

Robert Allen
Author of 5 books on how to achieve financial success including “Nothing Down”, “Creating Wealth” and “Multiple Streams of Income” which are the largest selling financial books of all time.

Robert Kiyosaki
Author of 18 books including #1 Best Seller “Rich Dad Poor Dad”. Robert is a reputable business man, investor and highly sort after self-help author and motivational speaker.

Dr Dennis Waitley
The most listened to voice on personal and career achievement in history, Author of 15 books and a trainer to leaders in every field, from Super Bowl and Olympic athletes to Apollo astronauts’ and Fortune 500 executives.

Paul Zane Pilzer
Best-selling author, entrepreneur, economic advisor to two presidential administrations, former commentator on national public radio and CNN, educator at NYU, and trend forecaster.

Network marketing is respected by business leaders as a wealth creation tool that uses the power of leverage to create a residual income which continues to pay you over and over again. It allows you to work smarter, not harder to earn you money. Naturally the benefits of financial freedom only come to those who are prepared to work for it, but with recent advancements in technology and the internet, the network marketing industry has never been so easy and the timing so right.

“Poverty is when large efforts produce small results. Wealth is when small efforts produce large results”
- David George, M

Why is Network Marketing a Smart Option?

Of all the possible investments such as the stock market or real estate, network marketing is by far the safest. Not only does it offer a high income potential in return for a low financial risk, but more importantly it allows you to have complete control over your financial success. For the enthusiastic person with the drive and determination to do something about their financial security, network marketing could be your answer.

Regardless of what vehicle you choose to create your financial freedom (even if you do not decide that network marketing is for you) you can learn a lot from the successful businessmen featured above. In particular, we advocate the concept that to achieve financial freedom you need to understand 2 basic principles: the power of leverage and residual income. Learn more in our free creating wealth chapter.

How do I get started?
Given that there are so many different business opportunities available in the network marketing industry it can quite often be a daunting task to try and identify the best opportunity that suits your needs. Due to popular demand and to assist you in identifying a good network marketing opportunity, one that can help you capitalise on the growing economic trends, we have dedicated a whole chapter of this website to summarise what to look for when choosing a network marketing company.

Learn everything you need to know about Network Marketing.

Visit our FREE chapter on creating wealth and learn what you need to get started.

Learn more about leverage and why it is the secret to financial freedom.

Learn other benefits of operating a home-based business.