How do you become rich in a home-based business? Wash, rinse, and repeat. For 20 years my paychecks have been written by myself. I have had a business and a job for over 30 years. With dreams of being rich and zero money at 18, I knew this strange animal called Network Marketing had to be my ticket to financial wealth. I was right.

You may be losing money by not having a home-based business. Since I cannot and will not give you tax advice, I will say it is my experience that (see publication 583 & 587 and IRS form 8829) all us have fixed costs that portions you make monthly payments on can be deductible. We all (most) make housing payments, utilities, insurance, taxes, phone, Internet, gas, meals, home improvements, new tires, oil changes, that may qualify with your home-business for payments back to you in the form of deductions.

I still get a kick out of today's room temperature IQ person who says all networking is a "pyramid". Pyramids are flat out illegal. Network marketing is simply an alternative form of sales and marketing cutting out some of the middle distribution links that get a product to a consumer straight from the manufacturer. Pyramids do not involve products of value, they deal with the right to recruit and later receive payments. I do not endorse any gifting or pyramid scheme in any manner.

Network marketing has 67 million marketers worldwide and is generating 110 billion in annual sales. There are companies who have been in business over 35 years and are in many additional countries around the globe. Right now the baby-boomers are starting to retire. (People born from 1946-1964) Our health needs help from the food we now eat. We are requiring supplementation. The middle class is vanishing in front of us. Gold hit $1,500 an ounce and the dollar is also at its lowest value in history. This is the ideal time to start a home-based network business.

Do the math. Take one cycle period, whatever that period is, and use compounding with any set of numerical values you assign to it. Let's look at this formula this way. Do you know how much money you have when you take a penny and double it every day for 30 days? It is not very much the first 15-20 days, but turns into more than $5 million on the 30th day. Einstein suggested compound interest was one of the most powerful things in the universe. It works for or against you. (Check your credit cards balances when you make minimum payments to see how it works against you)

When you find 3 persons who are truly serious about finding 3 each like themselves, that will in turn find only people that will commit to finding 3 serious entrepreneurs, you have the beginning of a team that can generate serious product distribution and business profits. When your team "cycles" every month, you will start with 3, then next month you will have 12, then 48, and you are on your way to building a serious business with residual opportunities to live the life you would love to live. What if your cycle is two-weeks instead of a month?

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