Many know that compound interest means that if a bank pays 3% interest on a $100 dollar savings account the interest paid will be three dollars.
When calculated again the interest of 3% will be paid on $103 dollars rather than the initial $100 dollars that was invested, and so on down the line.
This is what people mean when they say that you should have your money working for you.
Over time, this amount can increase sizably without having to do anything to help it along.
There is a business model that works basically on the same principle.
In other words, your own efforts are compounded by others who add to your income, and those efforts are compounded by still others, building an income that grows essentially by itself once you have it in place.
Business entrepreneurs like Donald Trump and Warren Buffett, well-known for their investment and real estate acumen have recently started and bought what are called network marketing companies.
Traditionally known by most to be the old soap box, door-to-door selling companies of the late 1950's and 60's, network marketing has now entered into a new technologically advanced, streamlined business that can be run from any laptop or iPhone and marketed solely online.
These companies offer free training and support, access to popular product lines, and in many cases, inventory-free start-ups with little if any investment required.
The value of these businesses is in their residual income capabilities.
No other business model works this way.
Everyone helps everyone else make money.
There are some excellent new companies out there.
Check them out online and maybe this time, your financial ship has sailed into the harbor of your future.
When calculated again the interest of 3% will be paid on $103 dollars rather than the initial $100 dollars that was invested, and so on down the line.
This is what people mean when they say that you should have your money working for you.
Over time, this amount can increase sizably without having to do anything to help it along.
There is a business model that works basically on the same principle.
In other words, your own efforts are compounded by others who add to your income, and those efforts are compounded by still others, building an income that grows essentially by itself once you have it in place.
Business entrepreneurs like Donald Trump and Warren Buffett, well-known for their investment and real estate acumen have recently started and bought what are called network marketing companies.
Traditionally known by most to be the old soap box, door-to-door selling companies of the late 1950's and 60's, network marketing has now entered into a new technologically advanced, streamlined business that can be run from any laptop or iPhone and marketed solely online.
These companies offer free training and support, access to popular product lines, and in many cases, inventory-free start-ups with little if any investment required.
The value of these businesses is in their residual income capabilities.
No other business model works this way.
Everyone helps everyone else make money.
There are some excellent new companies out there.
Check them out online and maybe this time, your financial ship has sailed into the harbor of your future.
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