BUSINESS

This is a business platform; here we talk about money and how to keep it

Let look at some wonderful quotes that inspires me: A Japanese quote

“Japanese we are aware of three powers. The power of Sword, the Jewel and the Mirror

Swords – power of weapons

The Jewels – the power of money

The Mirror – the power of self - knowledge” 

A quote from the book ‘the richest man in Babylon’  “a man’s wealth is not in the purse he carries. A fat purse quickly empties if there be no golden stream to refill it.”

From the first quote, am most concern on the Jewel – the power of money, and the Mirror – the power of self – knowledge, I have discovered from Robert .T. Kiyosaki that “Money is one form of power but what is more powerful is financial education”. The power of self – knowledge even the scriptures says “man know thyself” it’s an art of Wisdom for one to study himself and improve on his knowledge but look at what George the author of the richest man in Babylon would say about it “just so it is with the sons of men. Give them a choice of gold and wisdom – what do they do? Ignore the wisdom and waste the gold. On the morrow they wail because they no more gold” just think about it.

From the second quote you will discover that the writer made it clear that it was ‘golden stream’ and not golden salary that is required refill a fat purse, this golden stream Robert.T.Kiyosaki calls it PASSIVE INCOME (the income of the rich), you can only get passive income when you get your money to work for you.

They are two most preferred ways to get a passive income

v Through Multilevel Marketing – network marketing

v Through Real Estate 

Here I will talk more on Multilevel Marketing (MLM).

WHAT IS MLM

Multilevel Marketing is a marketing strategy in which the sales force is compensation not only for sales they personally generate, but also for the other sales people that they recruit; the recruited sale force is referred to as participants “Downline” & can provide multiple levels of compensation.