Sunday, February 14, 2016

Striving For Financial Independence

Creating wealth, earned income, passive income, financial independence. If you are a new entrepreneur, these are phrases that might be newly added to your lexicon.

Wealth and income lead to financial independence. But it can take a REALLY long time! Building wealth and increasing income takes time and, you guessed it, hard hard work.

Many people live paycheck to paycheck, or are unable to even pay their bills. It’s a common place to be. Others have no problems paying bills, have no debt, have disposable income and don’t even have to work. What’s their secret? Inherited wealth? Zero debt? Saving every little penny? Playing the stock market?

Earn more, spend less.

This is a super simple concept, really. Yet, it is so much harder to put into practice. To develop wealth, increase income and work toward true financial freedom, you have to earn more and spend less.

That is what makes direct selling such an ideal opportunity.

I am trying to reach financial freedom using the supplemental income model. Here’s my scenario: I work full time. I teach. With that full time income, I am trying to cover my household expenses, like the mortgage, bills, student loan debt, etc. It’s really hard, let me tell you!

The beauty of direct selling is that you can utilize the opportunity for full time income, or as additional income to what you already earn.

When you join Avon, it’s only a $15 investment. I like to suggest you invest a full $100. You don’t have to, and Avon only requires $15 to become an official representatives. (Other direct selling companies have varying investment and start up costs. Avon has one of the lowest, has longevity, and has a huge product catalog.) When you set aside $100 to invest, the remainder can be used for business cards, tools, supplies, or other items that will help you launch your business. Spend any more than that $100, and you start to experience investment loss.

Earn more, spend less.

Earn more with direct selling opportunities. For every sale you make, you will earn. That is how direct selling companies are designed to work. This doesn’t work if you spend for yourself. You absolutely have to rely on finding customers and making sales.

With direct selling companies like Avon, you can earn. Earnings are real, they are reachable. There is a wonderful group of very real, very hard working women who are at the top of earning with Avon. They know how to be a direct sales representative, and how! Lisa Wilber, Molly Stone-Bibb, Lisa Monoson, Emily Seagren, Theresa Paul, Milagros Garcia, Lisa Scola, Linda Montavon, Jennett Pulley… they are all leaders, all making Avon work for THEM, and all working to make Avon awesome.

There are about 300,000 Avon representatives in the United States. The ones who are ridiculously successful don't have a secret, they make their own magic, they all have extraordinarily positive attitudes, they all have very unique approaches, and they all work VERY hard to reach their goals.

Earn more, spend less.

There is gold at the end of your rainbow. 
You just need to create your rainbow!

How? How do you earn more profit and spend less? This is totally possible, and here are 3 very specific, very effective ways to do it:

Have a plan. When you launch any business, you need to create a well thought out plan. That plan includes how the business will operate, how you will market your products or services, and specific actions you will take during the first year of your business. * See my beYOUtiful business plan template * (need this file in a different format? contact me!)

Leverage social media. Your family, friends and acquaintances are on social media. Future customers you haven’t met yet are on social media, too! The more you use social media, the more networking opportunities you will have, and the more your network connections base will grow.

Run your business like a business and not as a hobby. Direct sales can effectively be used as a hobby, or as a short term funds goal (i.e. selling for 3 months to earn enough to buy holiday gifts). However, to create and maintain a successful direct sales business, you need to run it like a business and NOT like a hobby! You really need to actively being doing something productive for your business every single day.

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