Friday, May 14, 2010

Have a Job or Own a Business??

My son explained yesterday to me that he was not going to go to college after all and that he was going to go straight to work. You can only imagine what was going through my head at the time. I began thinking all these years of making sure he had a good education with private schools, etc and now he’s not going to college? Just last month, he had decided that he would go to UCSD. Hmmm. Was he trying to be funny? He tends to do that sometimes. He is sixteen. He has wanted to attend UCSD for a couple of years now. It is a beautiful campus here in San Diego.

I began thinking about this and in fact obsess over it. So this morning, I decided to do some research on highest paid careers in 2009. They all require a college degree, obviously.

According to the US Bureau of Labors Statistics many of the top 10 were in the medical field; Surgeons, Anesthesiologists, Orthodontists, etc with an average income of $195,000. The highest paid non-medical careers are Chief Executives, Lawyers, Engineering Managers, Financial Managers, and Sales Managers with an average income of $140,000. Next, the highest paid IT jobs had an average income of $100,000.

What do all these careers have in common? I know many people in almost all of these professions and they would say hard work, long hours, high stress and not enough time in the day to actually spend time with their families. There is also the fear of not having a job is always out there. However, they make a good living and provide for their families.
When I began looking for the wealthiest people, I looked at the top 3 according to Forbes. They were Carlos Slim, Bill Gates, and Warren Buffet. What do these 3 have in common? They are business owners and investors, not employees. They understand leveraging their time and money. Most business owners do.

According to Robert Kiyosaki of the famed Rich Dad, Poor Dad series, he states that his Rich Dad said to him, “The poor and middle class work hard for their money. The rich have their money work for them.” Robert Kiyosaki also says that the richest people in the world look for and build networks, everyone else looks for work.

Interesting, isn’t it? It is to me. Now, I am not endorsing being wealthy is the only way to live and we all know that money doesn’t make you happy, however, we live in a society where we trade money for our food, clothes, education, transportation, shelter, etc. Happiness comes from within and an inner peace with oneself. To have the free time to do the things that make you happy, spending time with the people you love most, and free of financial stress requires money in the bank.

Relationship marking and direct sales is the solution to all of these. Relationship marketing/network marketing is not a get rich quick business. It is a business that you must build, just like any other traditional business. The rewards and benefits to owning and building a relationship marketing business are many including leveraging time and money, owning your own business, small start up costs, personal development, and becoming financially free with residual income that continues to come in month after month. This can happen within 5 years if you choose. The start-up costs of a relationship marketing business ranges from $100 to $1000. Compare that to traditional business start-up costs.

In fact, Donald Trump also endorses the Network Marketing Industry. In a quote from a recent press release, Trump claims that the multi-billion dollar government bailout of the financial system isn’t working and that the American dream has been hijacked. He claims that those who join now have the opportunity to “opt out of the current recession.” He also states, “this program will attract people who want and need to diversify their income.”

So now I think of my sixteen year old son. He will still attend college. It is a great place to learn many skills and make amazing contacts with future business owners. In fact, this boy has been an entrepreneur since he was very little. I remember when he would try to sell his toys from the front yard. I also remember when he and his brother would “rent” our driveway out during big beach days like 4th of July. One year, they made $100 just by renting out our driveway.

He is a smart kid. I know he will do well in whatever he chooses to do. He still has time to figure that out.

Do you still have time? Do you have time to ponder what you will do when you grow up? Not likely. Network marketing and direct sales is not for everyone but it is an amazing option for those who want financial freedom. I love it. You might to. Go to to join one of the fastest growing network marketing companies around.

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