How to achieve Financial Success in 2008?
January 5, 2008 by danstorey
Filed under Finance, Personal Development, Success
Happy New Year to all readers! 2008 is now well under way and many of us have already started moving quickly towards our new success! One of your primary goals should be to reach a point where you are financially secure, thereby enabling you to not have to worry about money again. The question is; how do you do that?
Well the answer is not easy. In fact, it is not something we are ever really made aware of, causing us to stumble around in life hoping that we come across it. At school, we are taught that the answer is to get good grades and then get a good job. However, what normally happens if you follow that route is that you end up working hard all your life until around 65, and then you end up with a pension that pays you 30% of what wasn’t enough in the first place!
So what is the answer? Well, check out the page about Financial Success for some more ideas, but the main principle is to support yourself with Multiple Streams of Income! The time of having a J.O.B. (Just Over Broke!) are gone, as downsizing and streamlining have taken away the concept of a job for life. People now have to start taking responsibility for their financial futures before it becomes to late.
Multiple streams of income can include a job, but the idea is to create enough PASSIVE INCOME so that you can cover your expenses, which means that barring exceptional circumstances, you never HAVE to work again. Imagine that, calling in well to your boss!
Where can passive income be found? The truth is it is everywhere. Right now, on this very page there are links and adverts highlighting ways that you can make money while you sleep. Personally, I prefer dealing in property and network marketing, although there are far more ways that constantly appear once you know what you are looking for!
Now I know what you are saying. Isn’t there risk involved with things like this… and the answer is Yes! However, people who ask this question fail to ask 2 vital other questions:
What is the potential REWARD against the risk?
What is the risk associated with not taking action?
See, the reward associated with Passive Income is often so great that it dwarfs the potential risk involved. To be able to join a network marketing often costs less than £100 but has the potential to make you a 6-figure salary after a couple of years of part time work! Does your job give you this potential for growth? Secondly, I think the real gamble is taken by people who people who do not take control of their financial success earlier in life, instead hoping that their pension fund will not be wiped out and leave them eating cat food on crackers! That to me is a bet I can’t afford to make!
If this has got you thinking about how you can take control of your financial success, look around the site. Click on a few of the links and see if it doesn’t help you stumble upon an opportunity that interests you. And by the way, when that something appears to you, grab it and act immediately; there really is no time to waste.
For anyone interested in Success University, there is a special offer going on throughout January. If you want to see how you can have access to the Success University library and business for £1, click here now!
Want to know more about the power of Network Marketing? Right click and “save target as” to download Johnny Wimbrey’s Success University audio presentation.





