A Recession Proof Business - Timing is the key
A Recession Proof Business - Timing is key
To have success with any business opportunity, timing is the key, and residual income is the vehicle. This is the best way to describe residual income. Look at the copy writing and patent industry. When a person creates something that other people can use, they copy write or patent that material so that they can get paid for it. If lots of people use it on a regular basis, they will get paid off of each use. The person that holds the copy write or patent does not have to create the same product again to get paid for it. In the music and entertainment industry this is called royalties. This is important to understand because it really illustrates the true power and importance that residual income plays to a person's financial future. Residual income is where people like Warren Buffet, Bill Gates, and Oprah Winfrey make the bulk of their fortune. Basically speaking, they made bulk of their fortune from work they did 10, 20, or even 30+ years ago. For the Super rich, Their networking platform comes in the form of copy writes, patents, and royalties. For network marketers, their platform is the work and effort that their team provides. Realtors do this all the time by hiring brokers. Some of the most well known TV sitcom actors collect residuals from the work they did in past TV shows. Simply put, residual income and royalty income is that pot of gold at the end of the rainbow. This is what makes network marketing so appealing.
Here is another good analogy. If I gave you two options to get paid in the next 30 days, a penny a day doubled each day, or $100,000 at the end of 30 days, which one would you choose? bring out your calculator and do the math OR you can see the calculation laid out at
Day 10 would be $5.12
Day 20 would be $5,242.88
Day 30 would be $5,368,709.12
So what is the point of emphasis here? The point is that people that choose to work a traditional job either don't know about the penny a day concept or they don't truly understand it. This reminds me of a parable in the bible from Mathew 25: 14-30 where Jesus talks about the servants and the talents. Talents mentioned in the parable is referred to as a monetary term. To summarize the meaning of the parable, the two servants that did something with the talents that were given to them were the ones that understood the penny doubled everyday analogy. But the other servant that was referred to as being wicked and slothful was the one that lacked the long term vision of what the lord was trying to teach him.
So how would this relate to a Recession proof business? Well to understand this, you have to understand business trends. Today people use cell phones as home phones, people use email instead of postal mail for communication. Basically we went from a world of working with patience to get paid for our efforts to a world of instant results to getting paid for our efforts. And with technology evolving and improving every year, our expectation and demand for instant results are going to be magnified.
In order to capitalize on this current trend, we have to understand the CURRENT demands of the consumer (customer). What is the best example of some of these current demands? For a consumer (customer) it would be getting their products and services faster, easier, and with more convenience. The same goes for entrepreneurs. That would be getting paid quicker, easier, and with more convenience for their products and services.
Stability is another important trend that attracts today's customer, consumer and future entrepreneur. Look at people like Warren Buffet. Stable investments are the key to his fortune. Stability is also the key to consumer confidence. Nowadays, when people think about unstable and unproven companies, the first image that comes to their mind is Bernie Madoff. His business practices were the perfect example of that phrase we hear from Matthew 12:22-28 as a house divided among itself cannot stand.
Now let's talk about timing being the key and what is being promoted with this announcement. Who do you know that doesn't have a bank debit or some kind of credit card? Do you remember when ATM's were first introduced to us almost 50 years ago? How would you feel about getting paid a percentage off of everyone's usage of an ATM machine or their credit/debit card? Think about how financially set you would be today if your family invested in the launch of the first credit card issued back in 1950 or the first ATM machine sent out in 1969. How would you feel about using the technology available today to get a second bit of that apple?
Well that type of technology is coming in the form of the revvcard. To learn more about the revvcard and how it will change the way people spend their money starting next year, go and check out my link below
If you would like a complete overview about the compensation plan behind the revvcard then click here.
Please don't hesitate to reach out to me with any questions or feedback from this business article.
Take care and have an awesome day, Robert
No comments yet