Tuesday, April 17, 2007

The Hard Core Reality Of Earning Money

The first thing you must fully understand is no individual can print unauthorized currency or mint coins in any industrialized country without going to prison. In some countries, you would be executed if caught and convicted of counterfeiting. Therefore, earning more money by this means is eliminated as a viable option for the vast majority.

Other options can be eliminated as well. You can't steal it, because someone must have it before you can steal it from them. Before you can earn interest payments, you must have money to invest.
You can't borrow it, because you must be receiving it consistently before you can borrow it.

You can't just receive it, because someone must have it before they can give it to you. You can't get it by allocation or appropriation. Only government can do that. Therefore, the only way the vast majority will ever get any money is by earning it.

It is unfortunate, but that's the way it is. Earning money always, directly or indirectly, involves some type of selling. There are only 3 classifications of things that can be bought or sold - Information, Products or Services.

The question now becomes, what precisely do you have to sell? Before you became an IMG.Ws Associate, all you were probably selling was your time. Your talents and skills are the services you are providing, while you are being paid for your time. The level of your talent or skill determines how much you are paid.

You receive no pay for what you might do or what you are capable of doing. What precisely is your time worth? For many, it's minimum wage. Is your time worth $10.00 an hour? $50.00 an hour? $100.00 an hour? or... thousands of dollars an hour? Since you can not create more hours in a day, only 4 possibilities exist if you sincerely desire to earn more money.

  1. Increase the value of your time by getting more education or increasing your skills.
  2. Take advantage of investment opportunities such as real estate, stocks, bonds, mutual funds, and other investment instruments.
  3. Take advantage of income opportunities that allow you become a member of a group or team or build a networking organization.
  4. Work 2 or 3 jobs.

Combining numbers 2 and 3 is the absolute best alternative. Even if you got more education or increased your skill/s, and even if you could work 2 or 3 jobs, you would still have to find an employer who is willing to pay you. And.., You would still be working by yourself.

Taking advantage of investment opportunities requires discretionary income over and above what you need to maintain your lifestyle. You can earn far more discretionary income by joining others in an income opportunity than you could ever earn by working alone.

Don't go around telling people what you won't do, because what you are really saying is; "I am limiting the number of employers to whom I am willing to sell my time". There are some legitimate reasons why you should not or might not sell your time to some employers; such as, individuals involved in criminal or nefarious activities. Otherwise, be very careful or you will end up limiting yourself, your desires and your aspirations.

The minute you start down the road of limitation, you become a limited being with a limited mentality. Your options become limited and, as a result, you become a closed-minded or narrow-minded person. The personal services you are offering for sale are totally dependent on the marketplace. Buyers must be in the marketplace actively seeking sellers. These buyers are your potential employers.

Buyers tell you what they are willing to pay for your time, while you are providing your service/s. The amount you are paid is totally based on the demand for your services, and the difficulty of finding another individual with the same or comparable level of skill, knowledge, or talent.

The hard core reality of earning money is this:
It is never going to be easy. It will always take some intelligence, time, effort, persistent and determination on the Internet or off. You must prepare yourself for this challenge mentally, emotionally, psychologically, physically, and even spiritually. Amassing great income is not for the weak or the weak-minded. You must be tough and tough minded in order to survive and succeed.