Are You Paid You What You’re Truly Worth? If NOT, What?

Do You Know What You Are Worth? For $250,000+/- Annually Will You Build this Proven, High Profit, Low Overhead-Low Start Up, Risk Free, Guaranteed, Unlimited Income, Side Business?

How Much Money Do You Want to Earn?

It’s no wonder why life’s biggest decisions feel so exhausting. Questions like, “What do I want from life or financially,” ”Who do I want to be,” and “Where should I live” demand a significant amount of mental energy. You must have a  Richness Of Mind

If you’re not intentional about figuring out what you want in life or financially, it’s easy to fall into survival mode. You become lost, focusing only on what’s in front of you, which leads to frustration and disillusionment. 

Often, if you don’t know what you want, you can become bored and restless with what you’re doing — even if you used to love it. Over time this can increase stress, depression, anxiety and can make you feel like you don’t have control over your life.

Figuring out what you want in life or your finances is important because it gives you purpose, can influence your financial future, and makes life worth living. We’re here to help you decide what you want in life and who you want to be.

How Much Money Americans say, They Need to Make to Feel Rich

Step into a Completely Different World…

Answer Just 7 Questions

[1]: What Makes You Unstoppable? [Health, Happiness, Good Family Relationships, Love, Friends, Harmony, Pleasure, leaving a Legacy, Hope, Peace of Mind, Fulfillment, Meaningful Work, More Time, Wealth, Security, and Freedom]

[2]: If not UNSTOPPABLE, what will?

[3]: What will you give for it?

[4]: When do you want it?

[5]: What is your plan?

[6]: Do you read it daily? We are committed to creating a life or business you love with a satisfaction guarantee.

[7]: Want One or all of the following do you want Now?

  • Feel Rich: In order to feel rich, the majority of Americans said at least $200,000: Yes:___ No: ____
  • Income Security: Yes:___ No: ____
  • Financial Freedom: Yes:___ No: ____
  • Financial Independence: Yes:___ No: ____
  • Royalty Income: Yes:___ No: ____
  • Income diversification: Yes:___ No: ____
  • Helping others: Yes:___ No: ____
  • Name, Fame, Recognition: Yes:___ No: ____
  • Life of Significance: Yes:___ No: ____
  • Peace of Mind: Yes:___ No: ____
  • Foreign Trips: Yes:___ No: ____
  • Extra Income: Yes:___ No: ____
  • Quality Time [Financial Freedom]: Yes:___ No: ____

Tell us what you want and we’ll show you how to get it.

When asked how much money they’d need to earn annually in order to feel rich, the majority of Americans said at least $200,000, according to the recent CNBC Make It: Your Money survey, conducted in partnership with Momentive. Many set their sights even higher.

We helps people get in touch with themselves, their financial futures—who they are, what they’re capable of and what they want in life.

We offer events, programs and products—all based on decades of research, study and proven application—to elevate people’s thoughts and bring their genius to the surface so they improve all areas in their life or business.

We are dedicated to waking the world up so more people can reach their true financial potential and live the way they truly want to live.

  • If you want to earn at lest $250,000 annually or something that’s beyond your reach, dream, dare, and do it with a Reitenbach-Kissinger Institute mentor.
  • If you want something extraordinary like living the life of the rich and famous or—something you have no idea how to do—dream, dare, and do it with an extraordinary Reitenbach-Kissinger Institute mentor.
  • If you want more than incremental improvements in your life each year—if you want a lasting transformation, it’s important to have someone by your side who can take you to places in yourself that you haven’t been able to go by yourself.
  • If you want to Start and Run a Thriving Business that earns at lease $250,000+/- annually…Even If You’ve NEVER Owned a Business or Coached Anyone Before do it with an extraordinary Reitenbach-Kissinger Institute coach or mentor.
  • Review the following to Discover You Can Build this Business for $250,000+/- Annually. The Millionaire Maker Lecture – How To Get Everything You Want Out Of Life

Get a Simple Plan to Earn $250,000+/- Annually

The Andrew Carnegie Success Formula
by Napoleon Hill
Will Help You Get What You Want

The method by which DESIRE for riches can be transmuted into its financial equivalent, consists of six definite, practical steps, viz:

Andrew Carnegie Success Formula

… If you truly DESIRE money so keenly that your desire is an obsession, you will have no difficulty in convincing yourself that you will acquire it.

  1. First. Fix in your mind the exact amount of money you desire. It is not sufficient merely to say “I want plenty of money.”Be definite as to the amount. (There is a psychological reason for definiteness which will be described in a subsequent chapter).
  2. Second. Determine exactly what you intend to give in return for the money you desire. (There is no such reality as “something for nothing.)
  3. Third. Establish a definite date when you intend to possess the money you desire.
  4. Fourth. Create a definite plan for carrying out your desire, and begin at once, whether you are ready or not, to put this plan into action.
  5. Fifth. Write out a clear, concise statement of the amount of money you intend to acquire, name the time limit for its acquisition, state what you intend to give in return for the money, and describe clearly the plan through which you intend to accumulate it.
  6. Sixth. Read your written statement aloud, twice daily, once just before retiring at night, and once after arising in the morning.

AS YOU READ-SEE AND FEEL AND BELIEVE YOURSELF ALREADY IN POSSESSION OF THE MONEY. It is important that you follow the instructions described in these six steps. It is especially important that you observe, and follow the instructions in the sixth paragraph. You may complain that it is impossible for you to “see yourself in possession of money” before you actually have it.

Here is where a BURNING DESIRE will come to your aid. If you truly DESIRE money so keenly that your desire is an obsession, you will have no difficulty in convincing yourself that you will acquire it.

The object is to want money, and to become so determined to have it that you CONVINCE yourself you will have it.

To the uninitiated, who has not been schooled in the working principles of the human mind, these instructions may appear impractical. It may be helpful, to all who fail to recognize the soundness of the six steps, to know that the information they convey, was received from Andrew Carnegie, who began as an ordinary laborer in the steel mills, but managed, despite his humble beginning, to make these principles yield him a fortune of considerably more than one hundred million dollars. Napoleon Hill

The 27 Multi-Millionaires Who Have Made More than $250,000 Annually Building this Business

Today, we want to share our list of the top 27 Diamonds of all time, as we see it. This list will cover both current and former Amway Diamonds, U.S. and foreign, and living and deceased Diamonds covering the 50+ year history of the company.

We have to tell you that putting this list together was lots of fun. It took about 24-hours to research, write and edit this post. We are big fans of Amway.

# 27: Robert and Lois Stonelake

The Stonelake’s helped put Amway on the map. For that reason alone, they made our list. They built a huge organization within Amway and then sold their business in 1985, thinking that Amway was on the downswing. Their (former) downline now has millions of people in it, with leaders such as Jim and Nancy Dornan and Kaoru Nakajima, both successful distributors on this list have earnings of millions of dollars annually.

# 26: Fred and Bernice Hansen

Fred was a successful distributor in Nutrilite with Rich and Jay and helped them launch Amway. Fred and Bernice achieved Crown in 1975. Sadly, Fred died in 1968 and Bernice passed away in 2012. Their business is now managed by their children.

# 25: Donald and Ruth Storms

Don Storms is an Executive Diamond with Amway. He is also an ex-minister, who spent 13 years traveling the country with a gospel quartet, before teaming up with Jim Bakker and becoming a senior vice president at the PTL Club. In 1979, he and wife Ruth started their Amway business. Today, Storms is a real estate developer, in addition to his Amway business, according to MLM Survior.com on July 13, 1999.  Source

# 24: Kenny and Donna Stewart

Kenny Stewart is a former Crown in Amway.  His business had a monster organization with lots of diamonds in it.

# 23: Brig and Lita Hart

If you’ve been in MLM even one day, you’ve heard of Brig Hart.

# 22: Dan and Bunny Williams

Dan and Bunny Williams founded their business in 1966 on the simple strategy of helping others reach whatever goals they wanted to reach.

This strategy, combined with hard work, set the pace for strong growth from the onset. Within three months, their business was earning a profit. The Williamses achieved Diamond in two years, Triple Diamond in five years, and Crown in just 13 years. In 1979 they reached the highest award (at that time) of Crown Ambassador.

Dan is a second-generation Independent Business Owner. “My dad came into the business nine months before we did and went Direct soon after we got involved,” he says. “Both of us were sponsored by my sister Jan and her husband Bill, who served on the Board. Dad sponsored two Platinums in three years, allowing him to retire in Florida at the age of 65. He gave us all a legacy of belief in God, hard work, balance in our lives, and a wild sense of humor.” Bunny Williams passed away on August 13, 2006. Dan Williams passed away on August 9, 2012 in Austin, TX. Source

# 21: Joe and Helyne Victor

This classy couple was one of the early distributors with the company and they helped draft the original sales and marketing plan. They went on to become Crowns. Joe served on the Board of Directors during the early years. Their children and grandchildren are VERY successful in the business.

# 20: Jere and Elieen Dutt

Jere and Eileen Dutt were the first Diamonds within Amway, reaching that milestone in 1964. They were part of Nutrilite with Rich Devos and Jay Van Andel for several years, prior to helping them start Amway. They qualified Crown in 1979 and their business is now run by their grandchildren.

# 19: Robert (Bob) Crisp

Robert Crisp is a former Triple Diamond who built a team of more than 200,000 distributors. He eventually sold his business in 1984 and went on to become an author, speaker and consultant in the network marketing industry. His book “Raising a Giant” is an industry favorite.

# 18: Rick and Sue Setzer

Rick and Sue Lynn Setzer are frontline to Yager Family. They have many huge pins in their downline, including Double Diamonds Hal & Susan Gooch; Bill Childers; Brig Hart. Founders Crown Ambassador Tim Foley. Triple Diamond George and Ruth Halsey. Source

# 17: Robert Angkasa

Robert was an engineer & banker who worked in several companies in Sydney before he was hired by a famous private bank in Indonesia. Getting this job was a major accomplishment for him and what he always wanted. His career moved very fast. His last position before he resigned to run his Amway business full-time (1994) was AVP. He admits that sometimes he doubted his decision to build the Amway business. However, everything changed after he went to a Network 21 function. Now he has a huge business, he made his legacy but he thinks this is just a beginning. Source

When it comes to Amway Indonesia, Robert Angkasa is the ultimate success story. He is currently a Crown in Amway and participates in the Network 21 line of sponsorship.

# 16: Ron and Georgia Lee Puryear

The Puryear’s are the leaders of the World Wide Dream Builders. They went Diamond in 1976 and Founders Crown in 2004. They have more than 500 Diamonds in their downline organization. Most of those Diamonds are in Korea and are part of Leonard and Esther Kim’s organization. Sadly, Ron passed away in 2016.

# 15: Jody and Kathy Victor

This couple was second generation successes in Amway and their son is currently in the business as a Platinum. They went Crown in 1981 and have a big business throughout the world. They are the leaders of the MMP line of sponsorship and they have distributors in the US, Canada, New Zealand, and Greece.

# 14: John and Jennie Belle Crowe

This couple joined Amway in 1973 and went Diamond in 1979. They went Founder’s Crown in 2013 and are the leaders of the UR Association. For a long time they were part of Britt World Wide, but they decided to form their own Amway Motivation Organization (UR Association) in 2007.

# 13: Mark Lei and Peggy Yeh

The couple joined the business in 1983 and they have a huge organization. They are based out of Taiwan. They are Founder’s Crown Ambassador 40 FAA Points as of 2004. Their business spans China, Taiwan, Philippines and Singapore. They participate in the CRADOR line of sponsorship.

# 12: Mitch and Diedre Sala

The Sala’s started their Amway business in Australia in 1982. They went Diamond in 1990 and Founder’s Crown Ambassador in 2006. They were the first Crowns in Amway Australia and they really put Amway on the map in Australia. They struggled with their business for the first year or two, but finally figured things out and now have a team that spans the globe.

# 11: Charlie & Elsie Marsh

Charlie and Elsie Marsh joined Amway in 1964. They were the first Triple Diamonds and Crowns in Amway. Prior to joining Amway, Charlie was a police officer in upstate New York. They have more than 1,000 Diamonds in their business, including Dexter Yager. Sadly, Charlie passed away in 2010.

# 10: Tim Foley

Thomas David “Tim” Foley (born January 22, 1948) is a former American football player.

Foley starred at Loyola Academy in Wilmette, Illinois before moving on to Purdue University, where he received All-American honors as a defensive back in 1969. He then played 11 seasons (1970–1980), all of which were with the Miami Dolphins of the National Football League. He was named to the Pro Bowl in 1979.

He was an analyst for TBS College Football as well as Miami Dolphins preseason. Since 1981, Foley has been an Amway Independent Business Owner. He has achieved the prestigious level of Founders Crown Ambassador. Source Tim is the leader of efinity, an Amway Motivational Organization.

# 9: Leonard and Esther Kim

Leonard and Esther Kim joined the Amway business in 1990. In 2001, they broke more than 100 new Diamonds in their organization, in just one year. They do business in Korea and participate in the World Wide Dream Builders Korea line of sponsorship. They are Founders Crown Ambassadors with 40 FAA points.

# 8: Kaoru Nakijama

Kaoru Nakajima built Amway Japan! He is a Double Crown Ambassador with 50 FAA points. He leads the Heckel organization and his team is located mostly in Japan and the United Kingdom. He joined Amway in 1982 and was the first Double Crown Ambassador in the world. He is still very active in the business.

To put things in perspective. To qualify as a Double Crown Ambassador a qualified Platinum must have 40 legs qualify at the Silver Producer level for at least 6 months within the Amway Performance Year. Source

# 7: Peter and Eva Muller-Meerkatz

This couple has/had 28 Diamonds on their first level. That is amazing! They are currently FAA 50 Crown Ambassadors with Amway. They joined the business in 1976, hit Diamond in 1977 and Crown in 1978. As of 2012 their team has more than 500 Diamonds and 750,000 people in it. They are based out of Germany.

The Founders Achievement Awards (FAA) were developed to recognize and reward the worldwide business contributions of top IBOs. Since 1991, these annual discretionary cash awards have been presented to IBOs who demonstrate extraordinary business development and exhibit high ethical and business standards. Source

bill britt quote

# 6: Bill Britt

Bill and Peggy Britt had a huge team and Bill was extremely passionate about Amway, freedom, and entrepreneurship. He is the founder of Britt World Wide.

Bill Britt has more than 1.5 million distributors in his downline! He and Peggy were Founder’s Crown Ambassadors with 40 FAA points. Sadly, Bill Britt passed away in January 2013.

# 5: Jim and Nancy Dornan

Jim is the pioneer of Network Twentyone, a line of sponsorship within Amway. Jim and Nancy have an Amway business that spans the globe, in countries such as the U.S., Canada, China, Sweden, India, Turkey and much more. Jim and Nancy Dornan are Founder’s Crown Ambassadors with 55 FAA points. Sadly, Jim passed away in 2013, after a long battle with cancer.

Network Twentyone, is a training and support organization for distributors working with the Amway business. It was founded in 1990 by Jim and Nancy Dornan, distributors with Amway, originally to support their Amway network in the United States and Australia. 

Network Twentyone provides complete “turnkey business support solutions” for Amway Independent Business Owners from meetings and function production including education, recognition and motivation to web applications and multi-media products designed to aid you in building a profitable Amway business. Source

# 4: Max Schwarz

Max joined Amway in 1977 and rose through the ranks quickly. He hit the Crown Ambassador rank in less than five years. He is currently a Founders Crown FAA 60, making him one of the most successful distributors in the company. His downline is located in Europe, in countries such as Germany, Hungary, Austria, Italy, Russia, Poland and Czechoslovakia. He is the leader of the Schwarz Organization.

To qualify as a Crown Ambassador a qualified Platinum must have 20 legs (3 must be in market), each of which qualifies at the Silver Producer level for at least 6 months of the fiscal year or attain Diamond qualification for 6 months of the fiscal year (6 legs must be in market), and generate at least 27 FAA credits during the fiscal year. Source

# 3: Foo Howe Kean and Shu Chen

This couple is at the top ranks of Amway in many different markets. They have over 800 downline Diamonds and 30 Crown Ambassadors in their downline. They participate in the Crador line of sponsorship and they have a large business presence in China, Malaysia, Taiwan, Indonesia, Australia, Philippines, Korea, Vietnam, and the United States. According to some reports online, they are within the top 20 earners in the ENTIRE MLM Industry.

# 2: Dexter Yager

Dexter Yager his wife Birdie joined Amway in 1964 and built quite perhaps the largest organization within Amway. They are the leaders and founders of the InterNET line of sponsorship.

Their business spans the globe and does business primarily in the U.S., Canada, India, Colombia, Mexico and Guatemala. Dexter is pretty much the founder of the “systems” within Amway. Currently, they are Founder’s Crown Ambassadors with 65 FAA points.

Many people outside of the Amway business, including myself, consider Dexter Yager the GODFATHER of MLM. Sadly, Dexter passed away in January 2019.

When the Dream is Big Enough, the Facts Don’t Count. ~ Dexter Yager

# 1: Barry Chi and Holly Chen

This couple built a dynasty in Amway. They joined the business in 1982. They have the biggest team on this list. They have more than 2,000 Diamonds in their organization and well over one million distributors. They were the second Double Crown Ambassadors in the world.

They are leaders of the Plum Blossom line of sponsorship. Their business spans the globe and they are Founder’s Crown Ambassadors with 77 FAA points. Their two sons are also Diamonds with Amway.

Top 100 Earners Who Built this Business

Network marketing or Multi-level marketing is considered to be one of the best ways to market and popularize a product. This method is gaining popularity with its proven network marketing statistics and success stories of network marketing legends.

Here the business roots are by means of human connections and relationships – therefore the business grows as the network spreads. Many in the world have already proven this as the best strategy and earned a fortune out of their business. Epixel MLM Solutions have done the research from the available resources and come up with this list of top 100 earners in multi-level marketing and their net worth.

Earners & top network marketers on this list had amazing leadership skills, connecting people, incredible vision, and it changed their lives as well as their network. They ensured that they followed the network marketing success tips and strategies for a successful business and earned large benefits and profits.

Here is a list of top earners in direct selling business with their annual income as well as their lifetime earnings. We love sharing it for our readers and who knows someone will get inspired from the highest earner list and joins the business to find their spot in the list. Top 100 MLM Earners in Network Marketing for 2023 – Richest Network Marketers

10 Most Powerful Women Who Built this Business

Since the start of the network marketing industry, women have been involved naturally. Women in Network Marketing make up 75 % of its network worldwide. Women are driven for a variety of reasons to work for network marketing or multi-level marketing companies.

Top female network marketers are big names in the world’s list of most successful entrepreneurs. 10 Most Powerful Women in Network Marketing Business are listed herein.

Get A Mentoring-Coaching Plan With the Reitenbach-Kissinger Institute so You Earn $250,000+/- Annually in this Business

Making seemingly impossible things happen in any area of your life or business is our specialty, and we have a proven process that goes against much of what you’ve learned about manifestation and goal achievement in the past.

What if we were your mentors or coaches?
What if we were your Running Buddy?

We can be…Every week, On-Line and LIVE,
as your Mentors and Coaches!

The program includes:

  • On-Line Zoom Meeting Coaching and Mentoring
  • Zoom or Live weekly hot-seat coaching calls hosted by Michael Kissinger
  • Private and Personal Coaching and Facebook group for questions & encouragement
  • Ongoing access to your online training material

Next-Level Support System for Leaders Who Want to Grow

Leaders from ALL professions will benefit from Reitenbach-Kissinger Institute’s Monthly Mentorship Coaching Community. This online community is here to keep you focused, inspired and engaged on your IBO leadership path.

If you’ve completed one of our other programs and are wondering, “What’s next?” this is it!

What You’ll Receive Each Month

During these hot-seat coaching calls, hosted on Zoom each Monday at 5PM PST/8PM EST, we will give coaching on whatever your or your group is stuck on.

Experiencing emotional barriers? Having trouble encouraging your team? Not feeling authentic in your interactions?

We will bring the clarity you need. Raise your hand to get in the “hot seat” during the call or submit your question ahead of time. (Can’t make the LIVE call? No worries – it will be posted in the online training portal.)

Exclusive Community Training

Have you gone through one of our other programs? This program lets you keep access to your online training material so you can go back and review whenever you want. You’ll also have access to the mentorship recording library, where we’ll archive all the live calls.

Join the Monthly Mentorship Community Today

We love helping leaders get ON FIRE about their businesses and dreams. We’ve invested hundreds of thousands of dollars in our own coaching over the past 35 years, and you can tap into his treasure chest of wisdom for less than the cost of a cup of tea a day.

The Reitenbach-Kissinger Institute will share a blueprint that could take your life or your business to the next level – like moving from 6 figures to 7 – or even from 7 to 8+.

The truth is most business owners are navigating their businesses without a map to support their ultimate purpose and outcomes.

Training Areas so You to Earn $250,000+/- Annually in this Business with Us

  • Financial Development and Management – Are your financial decisions driving growth? Understanding your cash flow is key. Are you earning as much as you desire.
  • Marketing – Prospecting:  Is your marketing, contacting and presenting engaging the right audience? Fine tuning your attitude and message can result in more leads, more clients and more income..
  • Duplication-Sales–Showing the Plan: Are your sales strategies delivering the results you need? Perhaps it’s time for a new approach. Maybe you need to recruit more people, develop and keep more clients.
  • Getting Started Techniques: Have you properly started your new people or the clients you have enrolled? Perhaps it’s time for a new approach.
  • Customer Service – Retention:  Are your customers becoming repeat clients? Exceptional service turns one-time buyers into loyal patrons. Especially if you are promoting the Ditto Program.
  • Competitive Pressure – Are you staying ahead of the competition? Innovation and adaptability are your secret weapons that will bring you more new IBOS and clients.
  • Economic Environment – Are you prepared to navigate through the ebbs and flows of the economy? Staying informed of economic trends is crucial. Knowing which professions or people know what you have to offer will help you optimize your business.
  • Systems, Infrastructure & Operations – Is your IBO operational framework operating at peak efficiency? If not, it’s time to streamline, scale up and follow the Network 21 System.

Take a close look at your business in these areas. Be brutally honest. Where are you excelling, and where can you improve? Then identify one area that needs the most attention. Imagine the possibilities if you turned that weakness into strength.

That’s your mission. Taking this step will help propel your life or business forward to where you want it to go. Remember, growth isn’t a sprint – it’s a marathon. Every decision and every action matters. Let’s keep your momentum going strong!

Meet and Join Your Lead Coach Who will Help You Earn $250,000+/- Annually in this Business

Michael Kissinger

Michael has been a full-time business development expert, sales leader, coach, and company owner since 1990. He Helps and Empower CEOs, Business Owners, Entrepreneurs & US Veterans Become UNSTOPPABLE in Business or Life or Career. I am a Coach ★Strategist ★Expert ★Author ★Helping 10K+ Businesses Solve Problems.

Over 25,000,000 achievers have now used MKS Master Key Programs and Systems and Coaching. The world’s #1 systems, for personal or business improvement.  Comes with a Risk Free Guarantee.

Personal Development: NEW TO THE CHANNEL START HERE

We’re grateful for this opportunity to serve you.

Join the Reitenbach-Kissinger Institute and a “Year of MKS Master Key Mastery Coaching Programs and Systems” that help you earn $250,000+/- Annually.

  Wishing you and yours a wonderful New Year! We hope you’ll deepen your practices of journaling, tracking your habits, setting your goals, and watching inspirational classes with us this year and beyond.  Here’s to your extraordinary success. Let’s make the year extraordinary, together.

We’ll spend the first Mondays of the Week with you taking you through advanced personal growth, business growth, profitability optimization and productivity so you can win this year and every years you are in business.

These are just a few tips to look out for when considering Breaking Through Your Upper Limits.

We personally believe this is the best way forward if you are looking for a Breaking Through Your Upper Limits. This is for people who have a dream or desire to be financially independent and are willing to put in the hard work to do so.

Wishing you prosperity and success. Remember You Were Born To Win!!

Michael Kissinger and Sydney Reitenbach

Phone: 650-515-7545

LinkedIn Profile: https://www.linkedin.com/in/michael-kissinger-a66b214/

E-mail: mjkkissinger@yahoo.com

Facebook: https://www.facebook.com/michael.kissinger.35

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Are You Winning the Penny Challenge? A Proven Way to Freedom!

Would you prefer to receive $1,000,000 or a magical penny that doubles in value for 31 days? What Does it Take to Live Your Dreams On a Penny a Day Doubled?

The Penny Challenge is an challenge that has you earning, investing or save one penny a day doubled for 30 days. On day one you have one penny, then two pennies on day two, four pennies on day three, and so on.

The Penny Challenge is the basis for some of our favorite lessons when we’re coaching or teaching entrepreneurship, business or personal finance workshops to entrepreneurs, business owners, undergrads, grads, employees women, kids and people in general around the world.  We use it to explain compounding, leverage and duplication.

Let’s see if you can answer it too!

Wandering on the street one day, you notice a shiny penny on the sidewalk.  When you pick it up you learn that this isn’t an ordinary penny, but a magical one.  The power of this penny is that it doubles in value each day for a month.  In other words, when you wake up the next day, you miraculously have two pennies; on day three, four pennies; on day four eight pennies, and so forth.

We ask people to estimate how much the magical penny is worth at the end of 31 days and then poll the audience to see which option people prefer: the magical penny or a one-time payment of $1,000,000. Which would you take? 

The Deeper Meaning of Penny Challenge

This challenge is not only fun but also it has some hidden meaning and values to it. For example, this challenge teaches us that how conveniently we have forgotten the value money holds and also the quote that says “every penny counts”.

We all know for a matter of fact that we have never really concentrated on how and where our pennies go and we’ve always cared about the big amount, but once you participate in this challenge, you’ll understand the meaning that a penny holds and also the value of it.

Every penny counts, that’s the whole concept behind the penny challenge. You can start this challenge any day of any month. It may help you realize that even the smallest changes in life, career or business can add up to big rewards as shown herein.

If you were to take a penny and double it for 30 straight days, how much will you have in the end to live your dreams?

It might seem like a pretty silly and simple question, but if you don’t know the actual answer, it might surprise you.  Let’s take a look at the math and see how much a penny doubled for 30 days would turn into.

The Power of Compound Interest

This little exercise demonstrates the power of compound interest. If you have never heard of this term, let me give you a quick definition.

Compound interest is defined as the addition of interest to the principal loan or deposit over a period of time. In simple English, it simply means that if you deposit money consistently over a period of time, the money you initially put in earns interest, the money you continue to put in earns interest, and the interest earns interest.

The principle is the same as a snowball. When you roll a snowball off of a huge hill, it starts off small But as time goes on, gets bigger and bigger. That is basically what compound interest is.

Looking at the doubling a penny for 30 days analogy, every time you double a, the double pennies also get doubled. Just like a snowball, starts off slow and small, but grows exponentially.

On day one you will have $0.01, on day two you will have $0.02, and on day $0.04 on day for. On and on we go.

What happens to this penny over 30 days?

Now that you have a basic understanding of compound interest and how this is going to work, let’s figure out how much this penny turns into over 30 days.

DayAmountDayAmount
Day 1$0.01Day 16$327.68
Day 2$0.02Day 17$655.36
Day 3$0.04Day 18$1,310.72
Day 4$0.08Day 19$2,621.44
Day 5$0.16Day 20$5,242.88
Day 6$0.32Day 21$10,485.76
Day 7$0.64Day 22$20,971.52
Day 8$1.28Day 23$41,7743.04
Day 9$2.56Day 24$83,886.08
Day 10$5.12Day 25$167,772.16
Day 11$10.24Day 26$335,544.32
Day 12$20.48Day 27$671,088.64
Day 13$40.96Day 28$1,342,177.28
Day 14$81.92Day 29$2,684,354.56
Day 15$163.84Day 30$5,368,709.12
Would You Like US to Help You Double a Penny Every Day

If you simply took one penny and doubled it every day for 30 days, you will have a total of $5,368,709.12.

This here is where you will see the power of compound interest. For the first 21 days, it only totaled $10,485.76 and completely blew up on the last 9 days.

We use the penny example primarily to illustrate the power of compounding and how important the time value of entrepreneurship and money is when it comes to earning and investing in your dreams and for retirement. The beauty of the magical penny is that it offers many other lessons too.

Start Living Your Dream with a Penny Doubled For 30 Days

The Power of Business Compounding and Leverage

Networking for Business

There are many different marketing networks available to businesses. Some of the most popular networks include LinkedIn, Facebook, and Twitter. What makes these networks so powerful is their ability to connect businesses with one another. This connection allows businesses to share resources, learn from one another, and build relationships that can be valuable allies on the path to success.

Marketing networks can be used for a variety of purposes, including:

-Generating leads

-Building relationships with potential customers

-Developing new marketing strategies

-Strengthening current marketing efforts

Businesses should take the time to identify which network is best suited for their specific needs. Once a network has been selected, businesses should create a strategy for using it. This strategy should include goals, objectives, and targets. The strategy should be periodically evaluated and adjusted as needed.

The power of marketing networks is very real and can be a valuable asset for businesses of all sizes. By understanding how to use these networks and adapting the strategy as needed, businesses can achieve their goals and reach their full potential.

The Benefits of Marketing Networks

Not only are marketing networks powerful tools for businesses of all sizes, but they can be used to achieve great success. By understanding the benefits of marketing networks and how to create and leverage them, businesses can create a strong foundation for success. Marketing networks provide businesses with a number of benefits, including:

1. Increased reach: Marketing networks provide a global platform for businesses to connect with a large number of potential customers. This increased reach allows businesses to reach a wider range of potential customers, which can lead to increased sales and increased profits.

2. Increased communication and collaboration: By communicating and collaborating with other businesses in a marketing network, businesses can learn from each other and create effective marketing campaigns. This increased collaboration can lead to increased success and increased profits.

3. Increased innovation: By being part of a marketing network, businesses can benefit from the innovative ideas of other businesses. This increased innovation can lead to the development of new products and services, which can increase sales and profits.

The Benefits of Personal Networks

Personal networks are largely external, made up of discretionary links to people with whom we have something in common. As a result, what makes a personal network powerful is its referral potential.

The power of marketing networks can be a powerful tool for success. Networks can help businesses connect with potential customers and suppliers, and can provide valuable information and guidance. When used effectively, networks can help businesses achieve their goals and achieve success.

Can You Live Your Dreams with a Penny Doubled For 30 Days?

Each and every day, people are living their dreams. Millionaires are created. Families form and create tremendous relationships. Individuals get healthier day by day. Life-long learners grow intellectually and improve their lives daily. Let it be you! The fact is, living the life of your dreams is possible if you learn and apply the “Penny For 30 Days Concept”. People prove that every day.

Have You Ever Looked at Someone Who has Earned a Penny Doubled For 30 Days and Wished That It Could be You?

People think about getting wealthy all of the time, when only a small percentage actually does. But any of the masses could.

A man I knew had an MBA from Harvard and an engineering degree from MIT. Smart guy. When he retired, he started doing what he liked best: teaching college courses in economics and business planning. But when he taught economics, he also taught personal economics. This is the philosophy that he started his classes with: Decide how you want to live now, versus how long you want to work.

This means that if you spend everything you make now, you’ll have no choice but to work longer and harder. But if you start a business and then start investing in your financial future now, you’ll have many choices.

You can retire early, travel more, continue your career or start a new career later in life. Once again, it all comes down to choices. Think tomorrow today… and live better tomorrow.

  • Someone is going to start a business that makes millions.
  • Someone is going to make a great investments that earn millions. 

Why not let it be you? 

  • Someone is going to decide to improve their relationships.
  • Someone is going to enjoy love with their family.
  • Someone is going to schedule some meaningful time with their friends. Why not let it be you? 
  • Someone is going to become a life-long learner.
  • Someone is going to go back to school.
  • Someone is going to set a goal to read a book each week for the next year. Why not let it be you? 
  • Someone is going to make the decision to become healthy. Someone will run their first marathon.
  • Someone will join an aerobics class.
  • Someone will start eating better. Why not let it be you? 

You get the point. Everyday people are improving their lives. It is simply a matter of a decision being made. Let it be you! But how? By following these very simple actions:

1. Earn a Penny a Day Doubled by Committing to Work on Yourself, Your Finances, Your Career or Business

Are you going to improve or stay the same? No matter what you have achieved, you are at a certain point right now. What you have achieved in the past is fine, but it doesn’t make a difference for the future. The decision about what you will become is made each day and every day. Each day someone is making the decision to better him or herself. Let it be you.

2.    Earn a Penny a Day Doubled by Making a Plan

Once you have decided to become better, you will have to have a plan. It doesn’t have to be a long, intricate plan. It can be simple. Start a business. Save a dollar a day. Walk a mile a day. Read an article a day. That is a simple plan with achievable goals. Someone is going to develop a plan that will take them into the future of their dreams. Let it be you.

3.    Earn a Penny a Day Doubled by Your Actions

All of the great ideas, without action, become stale and useless. The key to turning dreams into reality is action. People who have great ideas are a dime a dozen. People who act on their dreams and ideas are the select few, but they are the ones who gain the wealth, health and wisdom that is available.

Someone will act today. Let it be you. Stop looking at others who live the good life, wishing that you were as well, and instead begin to commit to your improvement, develop a plan and act on it. Someone is going to. Let it be you!

4.    Earn a Penny a Day Doubled in Residual Income

Start earning residual income today!

Everyone likes the idea of making additional income, but not everyone is able to create a secondary income stream. This might be due to a lack of strategy or genuine advice. 

You’ve got a steady paycheck from your 9-to-5 job, and that’s cool. But deep down, you know you’ve always wanted more. More money. More freedom. More flexibility. And so you decide it’s finally time to increase your current income.

One of the best ways to earn more with little effort is to build a passive income stream through Network Marketing.  With residual income, you should be able to earn more income and typically do so passively.

A Network Marketing Business is easy to integrate into what you are currently doing. So you can start building wealth alongside your 9-to-5 job or another primary income source.

Active income vs. passive Income: Which is best for me?

In theory, all of your income sources carry similar weight. But when it comes to achieving financial freedom, passive income leaves active income in the dust.

You see, active income is the money generated from all those efforts you’re currently making. And you need to keep working if you want to continue making a living. If you quit, you don’t get paid. Your time literally equals money.

What is passive income?

Passive income is money you earn that doesn’t require you to do a lot of “active” work to continue making it. In essence, you can do most of the work upfront and put in some additional effort along the way to earn an income.  

Passive income that doesn’t require you to work actively. And the money continues to flow in for years and years. If you’re looking to design a dream life where you are financially free, it might be better for you to focus on passive income.

Just remember, while you might be able to build a passive income stream with a small investment, you’re not making any less of a commitment than someone investing their time. Making passive income comparable to income earned from active efforts requires a good amount of work upfront.

You’ve probably heard the expression “make money while you sleep.” That’s the biggest draw that entices people to earn passive income. 

What is the difference between residual and passive income?

If you search “residual income meaning” on Google, dozens of interpretations will pop up, with some suggesting that residual income is the same thing as passive income. And to some extent, this is true. The reason people often use “residual income” and “passive income” is because they make a residual while earning passively.

For example, a small business owners—let’s call him Michael—decides to earn passively. For this purpose, he inserts Network Marketing links in some of his posts or advertising. When visitors in his business click on those links, he generates passive income. The commission Michael earns from his affiliate company and the taxes he pays on his overall affiliate income are deducted to arrive at his residual income.

As you can see, by using this strategy, something as small and meaningless as a penny can quickly turn into something huge with time! That’s why, in the world of business building, saving and investing, it’s absolutely important that you start early, and be consistent!

How much passive income can I earn? 

You can make as much or as little passive income you want. However, it’s not a get-rich-quick scheme. You’ll need to put in some hours, effort, and capital initially to create a passive income source. The good news is that nailing these things early allows you to sit back and enjoy the financial rewards for years to come. 

You may invest as little as $100 in the beginning, then reinvest your profits until your passive income grows to a sustainable figure. With a high-recurring income, you can make enough money to live a happy, healthy life.

Which Would You Pick to Earn a Penny a Day Doubled: Network Marketing or Traditional Business?

[A]: Network Marketing Income

Passive income can really help elevate your earnings and fill in the gaps that your 9-to-5 job can’t fill on its own. If you’re looking to create an additional income stream so you can strengthen your financial future, these ideas can help you do that.

And it’s OK if you like your full-time gig too. The work that goes into earning passive income tends to be manageable when paired with a 9-to-5. You can do both.  A real-world application of this phenomenon is building a Network Marketing Business, Saving and Investing for Retirement. The earlier you start, the more you will have in your retirement.

What Is Network Marketing?

Network marketing relies on individual distributors who market and sell a product to their network of friends, relatives, and people they know or meet. The distributors make money through commissions on the products they sell. Often, they’re not employees of the company, but rather independent contractors.

Distributors in network marketing businesses typically use three strategies to succeed: lead generation, recruiting, and building and management.

Lead generation is the process of locating new customers and clients who may be interested in the product. Recruiting is the process of adding customers and business partners to your network. And building and management are the way you train, motivate, and manage your recruits.

SEE ONLINE BUSINESS PREVIEW: CAN BE VIEWED ON ANY MOBILE DEVICE When: Tue, at 5pm PT GO TO URL: https://us.n21mobile.com/Guest/NAPreview  

Earn a Penny a Day Doubled With the 13 Top Benefits of Network Marketing

#1 – Income Can Be Exponential and Residual

This is a factor that I’ve never seen in any other business. What do I mean by that? 

Residual income would be, for example, when you subscribed to an internet service, they get a residual income because you’re paying for that service every single month. 

Exponential has to do with the compounding effect of something. It is not purely multiplication. It compounds over time. Let me give you an example.  Exponential means that your internet service would get other internet services for them, or your phone would get other phone services. But phones don’t get phones, and real estate rental properties don’t get more real estate rental properties. 

Those businesses give you residual income (the phone company collects a payment from you every month for the phone use, or the landlord gets paid every month for the rental property), but those types of businesses cannot create the exponential income you can get from network marketing. 

When you combine those two together, this is what you get: I acquired 40 customers and I now I have 36,953 customers. That’s a 92,000% increase from my effort, when united with a team. I recruited 129 new representatives, and that number turned into 41,000 representatives. That is a 32,000 exponential factor. That is a really, really big deal.

#2 – Team Effort

Because I acquired 40 customers, I now know how to get customers, so I become valuable to the person that I bring into the business. That’s how my 40 customers turned into 36,000 customers. That is the team effort. 

I make myself unimportant to the generation of my income. That is one of the biggest points of how to create wealth. 

Here’s an example: In real estate, let’s say that you sell a $225,000 house, and you make a $5,000 commission. You’d have to sell ten of them to make $50,000. In the next year, you have to do it again if you want to make $50,000. If you want to make $100,000, you will have to sell 20 of them. It’s all you.

I’m not cutting real estate down in any way. I will never cut down any industry. It is just from my vantage point, after being in a lot of different businesses, that network marketing has the most opportunities for building wealth. I talk about this in another video, Side Hustles That Made Me a Millionaire.  I think team effort is a big part of that.

#3 – Reps, Not Employees

I prefer that the people I work with are not employees. I’ll just leave it at that, because with employees, I have to pay them for whatever they do during working hours, whether they produce anything or not.

#4 – Build from Anywhere

I can build my network marketing business from anywhere in the world. That is really important to me, especially right now in 2020, when it seems like America’s sliding off into the ocean. I like to be able to live where I live. I live up in the mountains, on a farm with a river. I like doing it where I want to.

#5 – Low Financial Entry and Risk

Low financial entry into it is important to me. I can’t believe that at this point in time, I spent $1,500 to start my business, and now I have a $300 million business under me. That is incredible.

#6 – Own Customers

I own my own customers. When you compare network marketing to other businesses, what you’ll find is that in the other businesses you don’t own the customer.

If you’re, for example, an Amazon seller, you don’t own the customer. That means that you acquire them for somebody else. Your acquisition of customers takes the most amount of effort – the most amount of money that is ever spent is to acquire a customer. You’re acquiring customers for another business and you don’t get that upside potential of owning that customer.

#7 – 1099 Income

In a W2 (salary) income, somewhere around 30-40% of your income is taken out before you ever see it coming, because it’s taken right out of your check. The advantage with network marketing is that we have 1099 income. If I want to run ads for my business, the IRS allows me to take that deduction for the money I spent to advertise my business. In a way, it doesn’t cost me anything, because I get it back.

#8 – Geographic Diversification

As a real estate agent, I would have to be in a certain location, and be limited to this location. I like the ability I get in network marketing to make money out of Italy even though I don’t know the Italian language. I like being able to make money out of China and not know any Chinese whatsoever.

#9 – Work With People You Want

Working with people that I want was an important one for me when I first started. I remember there were people in the military who were jerks. I don’t know any other word to describe them. I didn’t like to work with them, but if they were also wherever my duty station was, I HAD to work with that person for two years.

I like to choose the people that I want to hang with.

#10 – Money and Time Freedom

Because I’ve been making a six to seven figure income for 31 years, this one is lower on the scale for me. I’ve been able to create wealth, and so have had money and time freedom for years. You can place whatever value you like on this one.

#11 – Easier Transition (Part-Time)

This was a big one for me when I started out. I didn’t know I would be transitioning into a full time effort.  I thought I was just getting money so that I could close on a house. When I first started, I had no idea that it was going to route me into creating wealth.

#12 – Marketing Is Dynamic

This one takes a little bit of an explanation. How do we do network marketing? Some people try to brand us by how we do it.

When I first came into network marketing, somebody said, “Is this one of those things where I have to go door to door?” I said, “No, I’ve never knocked on anybody’s door.”

He was trying to put it into that category. Someone else asked, “Is this something where I have to spam my friends?” I said, “No, what are you talking about?” 

It Doesn’t Matter How You Want to Build, You Can Build the Business if You Follow These 9 Steps

If I bring somebody into the business and that person owns a postcard business, how am I going to recommend that they generate leads so they can show the plan and follow the 9 steps? Postcards.

If a doctor comes into the business, how am I going to tell him to build his business so they can show the plan and follow the 9 steps? He can send a postcard or an email to his patients and have them come into the office. 

It’s dynamic and it’s constantly shifting. I had a lady who specialized in doing expos. Guess how I told her to generate leads so she can show the plan and follow the 9 steps? Go to expos.

You can never say how we do it because we are always changing and adapting to any opportunity, technology or situation following the so they can show the plan and follow the 9 steps.

When the coronavirus hit, we shifted to Zoom, just like that. How can we do big events? Let’s put them on the internet, do them on Zoom. It’s that aspect of network marketing that I love.

#13 – Availability of Training

7 Fundamental Skill To Network Marketing

If your are making less than $100,000 a year in network marketing, the key to success is mastering the 7 Fundamental Skills of our profession.  Those skills are:

  1. Finding prospects
  2. Inviting prospects
  3. Following up with prospects
  4. Closing prospects
  5. Getting new prospects started
  6. Promoting events
  7. Use a marketing system that is proven to work

That’s it.

This was number one for me when I first started, but not now, because I don’t need to be trained a whole lot anymore. I had to learn when I first came back into the industry, because back when I started, the fax machine was the blazing speed that we operated with.

But today, it’s the internet. I had to learn social media. I had to learn ads, display ads, Facebook ads and YouTube marketing. The concepts were the same, but they were just placed in different places. 

You just don’t get that availability of training everywhere.

In real estate, I think you do, because you do have to have a broker sponsor you in order to be accepted and hang your certificate up on their wall. I think there is guidance from that sponsor, but I don’t know how much marketing training there is.  I want to emphasize: I’m not putting it down or doubting it. I’m just saying that I don’t know how much there is. 

I do know that based upon my situation in network marketing, training is getting in there elbow to elbow. I really want this person to succeed. It helps me. Why wouldn’t I? 

Which of These Is #1 for You?

Tell us what you think. What is your #1 benefit of network marketing? We tried to choose one, but we ended up with 13. Looking across at them all, we see that these have been evolving in our life now for many years. 

Tell me what you think. What is your favorite? Maybe give us your top one or two. If I missed any, let us know.

Can You Earn a Penny a Day Doubled With Network Marketing? Absolutely!

Yes, you can to make money with network marketing. However, it’s not easy. To be successful typically requires a serious application of effort, time, and money. Casual salespeople will quickly find themselves losing money.

Is network marketing risky?

Yes, like starting any other business there are risks that go with network marketing. You generally risk a few hundred dollars compared to the average start up cost of $45,000 for a traditional business.

Network Marketing post-opening startup costs:

Starting a network marketing business can be cost effective especially if you choose to sell the products or services of a company and you also choose to run the business from your home, share office space with a friend or make use of virtual office.

You risk the money it takes for startup costs, inventory purchases, and training materials. You’ll also spend time and money filling out paperwork, filling and shipping orders, and recruiting new salespeople. However you do not spend money on rent, employees, inventory, etc.

Can You Make Your Money Back in Network Marketing?

Network Marketing comes with a 180 day Guarantee: To make your money back, you’ll need to sell a lot of product. And to continue to make a profit, you’ll need to continue selling more (and sometimes recruiting new salespeople for your downline). Consider whether your network truly has enough buyers to support your business’s needs, and research the network marketing company thoroughly before you get involved.

[B]: Traditional Business

Is Traditional Business Risky?

Deciding to start a business is exciting, but can also be daunting if you’re a new entrepreneur. Calculating business startup costs, worrying about long-term profitability, securing startup funding — it can all be pretty stressful.

The question of costs is critical because the initial investment can be significant. A Kauffman Foundations study shows the average cost to be around $30,000, and costs tend to increase each year.

Fortunately, certain types of businesses, such as micro-businesses and home-based companies, have lower financial entry barriers.

What is the Average Cost to Start a Traditional Business?

The cost of starting a small business depends on the type and size of the business you’re opening and your industry. For example, opening a McDonald’s franchise can cost you $1 million, while starting a social media consulting company may cost less than $10,000. The average cost will vary on a case-by-case basis.

Different types of business structures—like sole proprietorships, partnerships, and corporations—have different startup costs, so be aware of the different costs associated with your new business.

Common Traditional Business Startup Costs include

The Business Plan, Research Expenses, Borrowing Costs, Insurance, License, and Permit Fees, Technological Expenses, Equipment and Supplies, Advertising and Promotion, Employee Expenses,

It is important to note that the startup costs for a sole proprietorship differ from the startup costs for a partnership or corporation. Some additional costs a partnership might incur include the legal cost of drafting a partnership agreement and state registration fees.

Other costs that may apply more to a corporation include fees for filing articles of incorporation, bylaws, and terms of original stock certificates.

Launching a new business can be invigorating. However, getting caught up in the excitement and neglecting the details can lead to failure. Above anything else, observe and consult with others who have traveled this road before—you never know where you might learn the business advice that helps your particular business succeed.

The Major Benefits of Owning Your Own Business

Here are just a few of the biggest.

Independence and Control

Have you ever worked a job in which you felt you could do better if you had control over how the work was done? Let’s face it, jobs can be constricting and sometimes don’t allow you to maximize your knowledge and skill.

When you build your own business, you do what you want, how you want, when you want. You develop the product or service to the level you think is best. You have systems and routines that work best for you. And if you need a powernap in the late morning or afternoon to boost creativity and productivity, you can take one.

According to the Small Business Trends Alliance survey, 55% of small business owners started their own business because they were “ready to be their own boss.

Financial Rewards

Granted, statistics on business success can seem grim. After all, roughly 50% of businesses survive to five years. With that said, there is much you can do to improve your chances of success, and in fact, depending on your goals, opening a business might be a better financial option than working for an employer.

For one, with a business, you’re more likely to earn what you’re worth, especially if you’re a woman. Instead of earning 82% of what a man earns, a woman can charge her value in a business. As the business owner, you can set prices and grow your salary with the business. When you throw in the business tax perks, you could end up making more than you would in a job.

Flexibility

Running a business can work well for many different lifestyles. For women, especially, owning your own business can give the lifestyle flexibility necessary to raise a family and still have a successful career.

Women-owned businesses have been showing up at a faster rate than new businesses in general—at 21% per year vs. 9%, respectively, from 2014–2019. According to a series of case studies by the National Women’s Business Council, flexibility was a major factor for many women who decided to pursue entrepreneurship.

Millennials and Generation Z workers are known to look for flexibility in their workplaces, and running a business can work well for many of them. Likewise, people who are close to retirement or already retired may find owning their own business gives them the chance to keep their hands busy while not demanding the same rigid schedule of a typical job.

People who want to travel or live a particular lifestyle can benefit from entrepreneurship, plus you might be able to work from home—or anywhere else you like.

Directly Helping People

Many small business owners launch their own businesses to make a positive impact in their local communities. This can happen through the products or services they provide or through the local causes they support. Small businesses also account for nearly half of the private workforce in the U.S., so launching your own business is a great way to provide jobs for many in the local community.

Opportunity for Innovation

Established organizations can—and do—create great change and innovation. Often, though, the most powerful new ideas come from small business owners that venture out on their own when they can’t get traction for their ideas in their current workplace.

Many business icons started with an idea that has changed the world. From Disney to Zuckerberg and Bezos to Gates, all of them had small ideas that turned into huge successes. Many of these entrepreneurs launched these companies from their garage.

What to Watch Out For in Traditional Business

Despite the many benefits of running your own business, it’s not right for everyone. Being your own boss comes with some major risks, including:

  • Financial risk: If half of businesses fail within five years, then you’re taking a 50% chance of losing some money on your own business. That’s why it’s critical to write a thorough, clear business plan and make sure you have a reasonable chance at success.
  • Personal liability: Beyond merely losing the money you put into the business, you could put more of your personal assets at risk—from your car to your house—if you don’t structure your business to protect them.
  • Time commitment: The feeling that you’re always on the job can be a drain for many business owners, according to a Bank of the West Bank Small Business Growth Survey. Many business owners work much more than a 40-hour workweek.
  • Stress: The West Bank survey also noted the fear of burnout as a major concern for many small business owners. This is particularly true in light of the ongoing public health and economic crisis, which saw daily stress rise significantly among small business owners.

The Bottom Line of Traditional Business

  • Owning your own business brings some great benefits, and many entrepreneurs are satisfied with their decision after they make the plunge.
  • The most common reason people launch their own business is to be their own boss.
  • Other benefits include flexibility, financial rewards, the opportunity to innovate, and a chance to impact your community.
  • Still, there are serious risks to launching your own business, and you should carefully consider and plan before you take the leap.

Can You Make Your Money Back in Traditional Business?

Traditional Business comes with Low Salary, NO Guarantee, High Failure Rate and High Start Up Costs.

Average Small Business Owner Salary in the U.S.

Many new entrepreneurs might not know that small business owners don’t get to just take money out of their business at will. Instead, they draw a salary. In addition, most of a start-up’s income goes to pay operating costs or is reinvested into the business, so funds for a salary may be extremely limited. Business owners will need to consider a variety of factors when determining what salary they should draw.

In August 2022, the salary of a small business owner in the United States ranged from about $30,000 to about $146,000 per year, according to PayScale, a compensation research company. The average business owner’s salary was $63,560 per year.

Average Small Business Owner Failure Rate in the U.S.

18.4% of private sector businesses in the U.S. fail within the first year. After five years, 49.7% have faltered, while after 10 years, 65.5% of businesses have failed. Hawaii sees the highest business failure rate within the first year.

Average Small Business Owner Start Up Costs in the U.S.

A Kauffman Foundations study shows the average Traditional Business cost to be around $30,000+, and costs tend to increase each year. 1. Equipment: $10,000 to $125,000, 2. Incorporation fees: Under $300, 3. Office space: $100 to $1,000 per employee per month, 4. Inventory: 17% to 25% of your total budget, 5. Marketing: Below 10% of your total budget (even 0%), 6. Website: Around $40 per month, 7. Office furniture and supplies: 10% of your total budget, 8. Utilities: Around $2 per square foot of office space, 9. Payroll: 25% to 50% of your total budget, 10. Professional consultants: Between $1,000 and $5,000 per year, 11. Insurance: Average of $1,200 per year, 12. Taxes: Variable, but 21% corporate tax rate, 13. Travel: Variable, 14. Shipping: Variable, etc.

Now Imagine if You Could only Doubled this Penny with Your Own Business. Which Business Would You Choose? Network Marketing or Traditional Business?

We chose Network Marketing because Compound interest, Network Marketing Leverage and Duplication works wonders if you are to Doubled Your Penny with Your Own Business. Remember you have to remain consistent, start early, and give it time. Always remember this if you want a retirement with well over $1,000,000.

If you start at age 40, in a job, career or traditional business it’s almost impossible to reach this goal.

However, if you start a Network Marketing Business, with an average knowledge and work habits, you can have well over $1,000,000 in retirement in as little as five years!

10x your Dreams – Learn What it Takes to Become a Successful Independent Business Owner

If you’re considering joining with us, then there’s no better way to kickstart your dream than by attending a FREE Discovery NO SELLING Session. This event will provide you with the knowledge, skills, and tools you need to launch your business and build a more successful life as a business owner.

Here are just a few reasons why you should join us:

  1. Learn from the best: You will learn from experienced business owners who have successfully built their businesses and are willing to share their insights and strategies with you. You will have the opportunity to learn from some of the best mentors in the industry and gain valuable insights that will help you start your business on the right foot.
  2. Develop new skills: This is an excellent opportunity to learn new business techniques and develop new skills that will help you serve your clients better. You will learn how to be a more effective communicator, active listener, and problem solver, among other essential business skills.
  3. Connect with peers: This is an excellent opportunity to connect with like-minded individuals who are passionate about entrepreneurship. You will have the opportunity to network with peers, share best practices, and learn from their experiences.
  4. Get inspired: This is a place where you can get inspired, recharge your batteries, and reconnect with your passion for entrepreneurship. You will leave the meeting feeling energized, motivated, and ready to launch your business.
  5. Special rates: As a prospective independent business owner, you can take advantage of the Early Bird special rates. This makes the Discovery Session an excellent value for the knowledge, skills, and tools you will gain.

If you’re serious about becoming an entrepreneur and want to start your business on the right foot, then this FREE Discovery Session is the place to be. Don’t miss this opportunity to learn from the best, develop new skills, and connect with like-minded individuals who share your passion for entrepreneurship.

A Wonderful Message for You to Earn a Penny a Day Doubled

If you want to improve anything, especially your personal finances, you have to measure and keep track of it every step of the way. By blindly working in a traditional job, saving and keeping your fingers crossed will not get you to your financial goal.

You need to invest in yourself, your small business, keep track of your net worth, finances, budgeting, and progress towards your financial goals. Just like this example of doubling your penny, you have to keep a close eye on it to make sure you’re on track and getting to your financial goals!

If you’re serious about reaching your financial goals, make sure to contact us and start keeping track of your education, business, finances and wealth management! There is no better way out there that does it this well. Believe me, we’ve looked 

Let’s Make Your Life Extraordinary, Together.

Join a “Year of MKS Master Key Mastery Coaching Programs and Systems”.  We’ll spend the first Mondays of the Week with you taking you through advanced personal growth, business growth, profitability optimization and productivity so you can win this year and every years you are in business.

These are just a few tips to look out for when considering Breaking Through Your Upper Limits.

We personally believe this is the best way forward if you are looking for a Breaking Through Your Upper Limits. This is for people who have a dream or desire to be financially independent and are willing to put in the hard work to do so.

Wishing you prosperity and success. Remember You Were Born To Win!!

Michael Kissinger and Sydney Reitenbach

Phone: 650-515-7545

LinkedIn Profile: https://www.linkedin.com/in/michael-kissinger-a66b214/

E-mail: mjkkissinger@yahoo.com

Facebook: https://www.facebook.com/michael.kissinger.35

CONTACT US: [LIFE SUCCESS ASSESSMENT] [READINESS ASSESSMENT] [SERVICES] [ABOUT COACHES]  [FAQs] [FEE RANGE] [COACHING AGREEMENT] [SURVEY] [PRESS RELEASE] Home

Web: https://mksmasterkeycoaching.com

Terms of Use | Testimonials and Results Disclosure | Privacy Policy

© Copyright 2023 –Reitenbach-Kissinger Success Institute – All Rights

Disclaimer

The Reitenbach-Kissinger Success Institute makes no guarantee, makes no promises regarding the outcome of using any of the information on this site or its product or service. The Reitenbach-Kissinger Success Institute is not liable for any damages arising in contract, tort or other wise from the use of or inability to use this site or any material contained in it, or from any action or decision taken as a result of using this site or the information hereon. The information on this site is informational only

The materials on this site comprise the The Reitenbach-Kissinger Success Institute views; they do not constitute legal or other professional advise or guarantee of any kind. You should consult your professional advisor for legal or other advice.

This site offers links to other sites thereby enabling you to leave this site and go directly to the linked site. The The Reitenbach-Kissinger Success Institute is not responsible for their content of any linked site or any link in a linked site. The The Reitenbach-Kissinger Success Institute is not responsible for any transmission received from any linked site. the links are provided to assist visitors to the Reitenbach-Kissinger Success Institute site and the inclusion of a link does not imply that the The Reitenbach-Kissinger Success Institute endorses or has approved the linked site

Are You Unstoppable Creating Your Greater Wealth and Success?

Unleash Your Personal Power Within to Get Greater Wealth!

* Are you a business owner seeking Transformational, Powerful, Life-changing. Rocket fuel Results?

* Have you been investing your time and effort into doing “all the right things” but not seeing the results?

If it seems that no matter what you do, your profit and income isn’t increasing and you’re spending less time doing the things you love chances are your success is being limited with a mindset block.

In this FREE coaching session we’ll share our four-step master key to wealth to guide you to abundance and continuing prosperity. By following this plan, a business owner quintupled his income, a minister funded the rebuilding of a church for a previously impoverished congregation, and many other success stories took place that will inspire and amaze you!

We’ll provide you with proven tools on how to program your subconscious mind so that you can radically improve your life, career or business.

This is one FREE coaching session you need if you want to be stronger, happier and more fearless.

  • If you want to overcome your obstacles and crush your goals…
  • If you want to be more, do more, love more and give more…
  • If you want to manifest greater financial success.

With this one FREE coaching session you’ll be on your way to achieving massive transformation and experience results beyond what you’ve ever imagined possible. You’ll overcome your mindset and bring your life or business to the next level.

Have you been investing your time and effort into doing “all the right things” but not seeing results? 

Actions such as:

* Setting goals, making resolutions, and creating vision boards?

* Reading self-help books?

* Attending webinars, seminars, and events?

* Continually trying new strategies?

* Putting in extra hours and ignoring your personal needs?

Now you can investing your time and effort into doing “all the right things” and seeing results like: 

* A Crystal Clear Vision/Goal

All success starts with defining a goal. Without one, how would you ever know if you achieved success? When a clear goal is defined, your mind will easily commit to achieving it.

* A Positive Mindset And Self-Image

Success is 95% mindset and only 5% strategy, so if you’re not manifesting the results you want, chances are you have a mindset block. Identify and release limiting beliefs, negative self-image, and fear. Watch as greater abundance begins to effortlessly flow towards you!

* Fearless Intuition

Decisions made in your business influence the direction and success you will achieve. Knowing which decisions are the correct ones is often the hardest part of running your business. The amazing part is that if you align your mindset with your goal, your intuition will always lead you in the right direction

* Greater Results… With Greater Ease

Make this the year where you fully actualize your dreams and goals (and not another year of “resolutions” and underwhelming results.

Use the Law Of Mind to tap into the flow of abundance so you can actually attract results this year and claim the life you know is yours!

If you don’t get a clear process or plan for removing the mindset blocks preventing you from manifesting greater profit and success, where do you think you and your business will be by the end of this year?

Join a Complimentary Discovery Session Where You Will Learn to Unleash the Power Within to Attract Greater Wealth

This FREE MKS Master Key Coaching Session offers you the opportunity to learn, apply and get real solutions to attracting greater wealth.

We’ll discuss:

* Setting A Crystal Clear Vision & Goal for Your Future

* Developing A Positive Mindset & Self-Image

* Setting Fearless Commitment to Your Goal

* Getting Greater Results… With Greater Ease

Who Will Benefit From this FREE Coaching?

Anyone (business owners, entrepreneurs, families, students, etc.) wanting a change, who does not want to settle for less than what they deserve and needs the power to be everything that they can be.

The strategies you will learn can be applied to every area of your life, from business to relationships to career to family. Once you create your breakthrough, there’s no limit to how much this coaching can improve your life.

Even if you’re on top of the world, there’s always room for growth.

Get The Skills, Training & Community To Thrive This Year and Beyond!

With your personal power anything is possible! Don’t miss out on this incredible opportunity to transform your business and your life.


Let’s make the year extraordinary, together.

Cheering you on, always!

Join a “Year of MKS Master Key Mastery Coaching Programs and Systems”.  We’ll spend the first Mondays of the Week with you taking you through advanced personal growth, business growth, profitability optimization and productivity so you can win this year and every years you are in business.

These are just a few tips to look out for when considering Breaking Through Your Upper Limits.

We personally believe this is the best way forward if you are looking for a Breaking Through Your Upper Limits. This is for people who have a dream or desire to be financially independent and are willing to put in the hard work to do so.

Wishing you prosperity and success. Remember You Were Born To Win!!

Michael Kissinger and Sydney Reitenbach

Phone: 650-515-7545

LinkedIn Profile: https://www.linkedin.com/in/michael-kissinger-a66b214/

E-mail: mjkkissinger@yahoo.com

Facebook: https://www.facebook.com/michael.kissinger.35

CONTACT US: [LIFE SUCCESS ASSESSMENT] [READINESS ASSESSMENT] [SERVICES] [ABOUT COACHES]  [FAQs] [FEE RANGE] [COACHING AGREEMENT] [SURVEY] [PRESS RELEASE] Home

Web: https://mksmasterkeycoaching.com

Terms of Use | Testimonials and Results Disclosure | Privacy Policy

© Copyright 2023 –Reitenbach-Kissinger Success Institute – All Rights

Disclaimer

The Reitenbach-Kissinger Success Institute makes no guarantee, makes no promises regarding the outcome of using any of the information on this site or its product or service. The Reitenbach-Kissinger Success Institute is not liable for any damages arising in contract, tort or other wise from the use of or inability to use this site or any material contained in it, or from any action or decision taken as a result of using this site or the information hereon. The information on this site is informational only

The materials on this site comprise the The Reitenbach-Kissinger Success Institute views; they do not constitute legal or other professional advise or guarantee of any kind. You should consult your professional advisor for legal or other advice.

This site offers links to other sites thereby enabling you to leave this site and go directly to the linked site. The The Reitenbach-Kissinger Success Institute is not responsible for their content of any linked site or any link in a linked site. The The Reitenbach-Kissinger Success Institute is not responsible for any transmission received from any linked site. the links are provided to assist visitors to the Reitenbach-Kissinger Success Institute site and the inclusion of a link does not imply that the The Reitenbach-Kissinger Success Institute endorses or has approved the linked site