Become an Everyday Millionaire

Adulting is sort of a mixed bag, isn’t it? On one hand, you can finally do what you want (make your own decisions, stay out as late as you want, and even rent a car on your own). On the other hand, you can start looking forward to the things that aren’t so fun: paying for the boring stuff like insurance, emergency root canals, and even those expensive light bulbs.

With that in mind, we have one question for you: Are you ready to be financially responsible? If you answered yes, congrats—you’re ahead of the game!

But if you answered no, don’t worry—there’s still plenty of time to set yourself up for a future of success. And we’re here to point you in the right direction.

To Become an Everyday Millionaire Complete these 5 Assignments

YOUR DEFINITE MAJOR MILLIONAIRE PURPOSE ASSIGNMENT 1.

Decide what you want. Create an exact picture of it. Decide what you are prepared to give up for it.   Write an exact description of the person you intend to become.

Write out exactly how you want others to see you.  Get emotionally involved with it.  Set your mind to do it. Get on with the work. 

Calculate When You’ll Be A Millionaire To figure out when you might be able to become a millionaire. I tracked down a millionaire calculator. Millionaire Calculator

It allows you to put in how much you’re currently saving, and how long that contribution might take to become a million dollars. Essentially you input your current assets, the amounts you save and a few other pieces of information, and it tells you the number of years it will take to get 7 figures in the bank.

Write out a script of your life’s DEFINITE MAJOR MILLIONAIRE PURPOSE in each area from the “Wheel of Life”, in present tense, 6 months from today, with all the details of exactly how your life looks and feels knowing your Definite Major Purpose.

Post a picture of the homework in the group and tag your success advisor.

Once you’re done, email a picture into the MKS Master Key System group and tag your success advisor and let them know how this experience was. Be a part of an engaged community of tens of thousands of like-minded individuals. Chat with your Success Advisor. Email: mjkkissinger@yahoo.com 100% Secure. We Never Share Your Email.

YOUR DEFINITE MAJOR MILLIONAIRE PURPOSE ASSIGNMENT 2:

Write out what you want. Write your MAJOR DEFINITE MAJOR MILLIONAIRE PURPOSE goal in the present tense, starting with “I am so happy grateful now that …” Then, repeat it to yourself while looking at yourself in the mirror for 5 minutes.

Write out your goal 50 times in the present tense starting with “I am so happy and grateful now that…” Then take a photo and post it in the group and tag your Success Advisor. Chat with your Success Advisor.

Listen to this (1) Calm Guided Meditation to Gain Abundance, Love & Happiness | Bob Proctor – YouTube Once you’re done, email a picture of your written goals into the MKS Master Key System Coaching group and tag your success advisor. Let them know how this experience was. Be a part of an engaged community of tens of thousands of like-minded individuals. Chat with your Success Advisor Email: mjkkissinger@yahoo.com 100% Secure. We Never Share Your Email.

BAD MILLIONAIRE HABITS ELINIMATION ASSIGNMENT 3:

Write out the habits that are not serving you in al areas of your life and burn them safely. Then take a picture of your burning ceremony.  Once you’re done, email a picture into the MKS Master Key group and tag your success advisor and let them know how this experience was.

Be a part of an engaged community of tens of thousands of like-minded individuals. Chat with your Success Advisor Email: mjkkissinger@yahoo.com 100% Secure. We Never Share Your Email.

MAKE DECISION ASSIGNMENT 4:

Make a decision and take action on one MILLIONAIRE decision today that you have been procrastinating on that will help you get to your DEFINITE MAJOR MILLIONAIRE PURPOSE goal.

Read the Decision Article 3 times and post your takeaways with your MKS Master Key Coaching Coach. DECISION ARTICLE PDF: https://bit.ly/Decision-BobProctor Act on one decision today that you have been procrastinating on that will help you reach your goal. Share it with your MKS Master Key Coaching Coach. 

Once you’re done, email a picture into the MKS Master Key Coaching group and tag your success advisor and let them know what your decision was and how this experience helped you.

How can the [MKS] Master Key System community provide more support to you?

What’s holding you back from Millionaire success?

What topics do you want to learn more about?

Be a part of an engaged community of tens of thousands of like-minded individuals. Chat with your Success Advisor

ANALYZE, PLAN, IMPLEMENT, MONITOR YOUR MILLIONAIRE ASSIGNMENT 5:

[1]: Listen to the Magic Word audio by Earl Nightingale [(4) The Magic Word By Earl Nightingale ( Lead The Field Lesson 1 ) – YouTube and then post your biggest takeaways in the MKS Group and tag your success advisor.

[2]: Make a decision and take action on one Millionaire decision today that you have been procrastinating on that will help you get to your MILLIONAIRE goal.   Write a description of the person you intend to become. How you want others to see you. Remember: “I am not who I think I am. I am not who you think I am. But I am who I think you think I am.” 

[3]: Use the “From What, to What, by When, Why” criteria to write goal statements. This is recommended to ensure you have specifics from which to create an action plan. This criterion indicates the desired future state you want to achieve. The ultimate side hustle guide for 2021 (cnbc.com)

[4]: Once you’re done, email a picture into the MKS Master Key System Coaching group and tag your success advisor and let them know what your decision was and how this experience helped you. Be a part of an engaged community of tens of thousands of like-minded individuals. Chat with your Success Advisor. Email: mjkkissinger@yahoo.com  100% Secure. We Never Share Your Email.

CONSIDER A PENNY A DAY DOUBLED FOR A MONTH | THE MAGICAL PENNY

This is a classic quiz that just about everyone gets wrong.

You have 2 options to choose from:

  • Double a single penny every day for a month and take the ending value
  • Take $1 million dollars in 30 days

What do you choose? Most people take the million. The thinking is that $1 million is so much more than a penny a day doubled for the month. But taking the million dollars is wrong because of compound interest.

Here is proof.

After two days, your penny doubled to $0.02. After 5 days your penny doubling is now worth $0.16. Even after 10 days, you are looking at having $5.12. But then it starts to get interesting.

After 20 days you are suddenly up to $5,242.88. Just 5 days later you are at $167,772.16! And on day 28, you now have over a million dollars, $1,342,177.28 to be exact.

And on the last day of the month, you end up with $5,368,709.12.

If you chose the million dollars, you would have $4 million less than if you took the penny doubling option. Take a penny a day doubled for a year and you end up with $375,766,813,243,813 followed by 93 zeros!

A Millionaire’s Best Friend: Compound Interest

Millionaire. Sounds like a far-off dream, right? Actually, it’s more realistic than you might think. With hard work and intentional planning, you can become an everyday millionaire. One way to do that is by using a little money magic called compound interest.

Here’s a little secret: Compound interest is a millionaire’s best friend. It’s free money. Seriously. But don’t take our word for it—let us introduce you to our friends Steven and John.

When Steven turned 21, he decided to start investing $200 a month every year for nine years. At age 30, he decided to stop investing altogether. But his friend John started when Steven stopped, investing $200 a month every month starting at age 30, all the way until the ripe old age of 68.

So at age 68, who do you think had more money in their account? Let’s do the math.

At the end of nine years, Steven invested $21,600, didn’t invest another dime, and ended up with close to $2.35 million at age 68. Let’s say that again—$2.35 million! That’s the power of compound interest, friends.

And Steven’s friend John invested a whopping $91,200 over the course of 37 years. At age 68, he had built up $1.3 million, but he never caught up with Steven.

So how did Steven do it? He didn’t invest nearly as much as John did but ended up with over $1 million more. That’s the power of compound interest! It turns more than $20,000 invested in nine short years into almost $2.35 million over 37 years!

The 7 Baby Steps to Become an Everyday Millionaire

The 7 Baby Steps shows you how to save for emergencies, pay off all your debt for good, and build wealth. It’s not a fairy tale. It works every single time!

Before you start investing, you’ve got to start saving and paying off any debt you may already have—then you’ll be ready to start investing.

  1. Save $1,000 for your starter emergency fund.
  2. Pay off all debt (except the house) using the debt snowball.
  3. Save 3–6 months of expenses in a fully funded emergency fund.
  4. Invest 15% of your household income in retirement.
  5. Save for your children’s college fund.
  6. Pay off your home early.
  7. Build wealth and give.

As you probably noticed, there are some steps on there you might not be ready for yet. But don’t let that stop you from focusing on Baby Steps 1–4!

You Can Be an Everyday Millionaire

When you think of the word millionaire, you probably think of an older gentleman (or woman) sporting a fancy suit—pocket square included. Or you might think of people like Jay-Z and Beyoncé with their cool clothes and private jet.

No matter what you see, it’s probably safe to assume that more millionaires are older rather than younger. But don’t assume that just because you’re young that you can’t start working toward that goal. In fact, the National Study of Millionaires found that “if members of younger generations are diligent over time, they can become net-worth millionaires in their own right.”

Millionaires view business building and investing as the primary tool for building wealth and securing financial peace.

  • 80% of net-worth millionaires in the study said that investing in their employer-sponsored retirement plan was the main way they reached millionaire status.
  • Meanwhile, 74% mentioned investing outside the company plan, and 73% mentioned the habit of saving money regularly.2

What can you do? Start early. Start now. And if you’re not in your 20s—that’s okay. It’s never too late to start—even right now.  

Follow the Plan and Become an Everyday Millionaire

The Covid-19 pandemic has put millions of Americans out of work and many small retailers and restaurants out of business. At the same time, it has been a hotbed of innovation and new business creation.

U.S. business formations rose by nearly 42% in 2020, according to U.S. Census data. There’s opportunity aplenty for small businesses selling things people are still buying under pandemic restrictions, from food and home entertainment to office supplies — as well as products and services needed by companies operating remotely. 

As many Americans have discovered, you don’t have to quit your day job to start a business. Now is the perfect time to start a side hustle — a business you can run outside of the hours you work your full-time job. With many workers commuting less, it’s easier than it has been in years to create a side income. 

Starting a side business is one of the smartest financial moves you can make right now. With the economy shaky, no one can have too much income diversity.

Even people in seemingly secure public sector jobs have been hit with furloughs and layoffs since Covid-19 struck. That’s one reason 56% of Americans said they’d be more secure working for themselves than in a traditional job in 2020, up from 32% in 2011, according to the State of Independence Report by MBO Partners, a provider of back-office services to independent workers.

For the groups hit hardest by job loss during the pandemic — women, people of color and older workers — depending on a job as your sole source of income is downright risky right now. 

Even if you aren’t worried about job loss, a side hustle can be a great source of extra income to pay down debt, save money and invest. It can also have tax advantages. If you make purchases for the business, you may be eligible for tax deductions. Not to mention a side business can be the best way to get a taste of a future career you might want to ramp up later.

A side gig can be whatever you need it to be and you can do it at any age. You can use a side gig to generate passive income without working or you can have an active gig that produces money whenever you put the time and effort in.

Many employers don’t have any rules against running a side business as long as you pursue it on your own time and use your own equipment. To be on the safe side, review that thick sheaf of papers you signed when the company onboarded you.

Can This Make You Rich?

Yes, you can certainly make money with Amway! Amway makes more than 350 high-quality products in nutrition, beauty, personal care and home care. Amway Independent Business Owners make money by selling these products to their customers and by building a team of other Independent Business Owners who do the same. Start Your Own Business by Becoming an Amway IBO | Make Money From Home | Amway United States

There are two ways to earn Amway compensation: retail markup on product sales to customers and sales commission based on the sales of products.  Income Disclosure | Amway United States

For calendar year 2020, the average income for all U.S. registered IBOs at the Founders Platinum level and below was $628 before expenses.  

In 2020, 56% of all U.S. registered IBOs in 2020 received a payment from Amway in at least one month for sales that occurred during 2020. It is estimated that 1 out of about 240 IBOs reach the platinum level where depending on your structure, you might earn $30,000 to $50,000 annually. Again, these figures are approximate. 1 out of about 15,000 IBOs reach the level of diamond where you earn about $147,000 annually.

Of the IBOs who received a payment from Amway in one or more months here is what they annually earned before expenses:

  • The Top 1% earned $83,032 (average) and $50,363 (median)
  • The Top 10% earned $13,734 (average) and $4,402 (median)
  • The Top 50% earned $3,149 (average) and $472 (median)

If you invested just $50,363 a month, the median Amway income you earned in the 1% of IBOS you could become a millionaire in 2 years. Millionaire Calculator

If you invested just $4,402 a month, the median Amway income you earned in the 10% of IBOS you could become a millionaire in 14 years Millionaire Calculator

If you invested just $472 a month, the median Amway income you earned in the 50% of IBOS you could become a millionaire in 44 years Millionaire Calculator

We recommend you follow the 7 Baby Steps, start an Amway side gig and follow the recommendations. It shows you how to save for emergencies, pay off all your debt for good, and build wealth. It’s not a fairy tale. It works every single time!

Before you start investing, you’ve got to start saving and paying off any debt you may already have—then you’ll be ready to start investing.

  1. Save $1,000 for your starter emergency fund.
  2. Pay off all debt (except the house) using the debt snowball.
  3. Save 3–6 months of expenses in a fully funded emergency fund.
  4. Invest 15% of your household income in retirement.
  5. Save for your children’s college fund.
  6. Pay off your home early.
  7. Build wealth and give.

As you probably noticed, there are some steps in the 7 Steps you might not be ready for yet. But don’t let that stop you from focusing on Baby Steps 1–4!

101 Benefits of Amway Business to Make You an Everyday Millionaire

There are numerous MLM corporations today, all staking their claim to be the best in the industry offering their distributors the highest residual income.

However, there is still only a few billion dollar MLM businesses and that is where the network marketing millionaires hatch from. On the top of the list is the industry mammoth Amway with a staggering revenue of $8.80 billion.

It is no wonder then that most of the millionaires in the domain are associated with the market leader or started their career with Amway.

1. You become an Individual Business Owner. 2. Amway is not merely a business but a way of life. 3. Flexibility to pick your own working hours. 4. This business teaches you to sell products without selling your soul. 5. No boss telling you what to do. 6. A risk-free enterprise. 7. No need to advertise this business. 8. Opportunity to create passive/ residual income. 9. Opportunity to achieve financial freedom. 10. Chance to an early and fruitful retirement.

11. Innovative and time tested products. 12. All products come with a money-back guarantee. 13. No cost to join this business. 14. You can build this business globally.  15. Work from home, only in your available spare time. 16. Grow your business as fast or slow as you like. 17. No need for any special skills, training, or education to start this business. 18. You don’t have to wake up to an alarm clock anymore. 19. You can give yourself a pay raise anytime you want. 20. You can utilize your entrepreneurial and leadership potential.

21. You can do this business part-time or full time. 22. You work with people you like to work with. 23. This business shapes your personality development. 24. You become a gentleman and a people person. 25. An ordinary person become an extra-ordinary person in this business. 26. More free time to enjoy with your friends, family, and hobbies. 27. Opportunity to convert your expenditure into investment. 28. Chance to make new friends and long-lasting business relationships. 29. Well defined retail income, performance income, and other bonuses. 30. Opportunity to create royalty income like singers and writers.

31. Availability of good counseling and mentorship. 32. Availability of business support material like-SOP, BoM, open meeting, mega seminars, etc.  33. Regular international trip reward to your hard work.  34. This business helps accomplish your quest for excellence. 35. The best platform to fulfill your increased dreams into reality. 36. Opportunity to achieve a stress-free lifestyle on your terms. 37. Boost your business with products that are easy to retail. 38. The assured flow of income during your retirement.39. Learn this business at your convenience through the e-learning program. 40. Its eco-friendly product makes you an environment-friendly consumer.

41. Exciting offers for new joiners. 42. You can gift this business opportunity to your next generation. 43. This business uses your wife’s/husband’s.. inherent potential. 44. Nurture your family health with proven Nutrilite health products 45. You can compound your time through this business. 46. No office, no inventory, no employee is needed. 47. No co-workers and no office politics to work with. 48. No boss, no target to work for. 49. Fulfillment of self-gratification and greater satisfaction. 50. This is absolutely a home-based business.

51. Your communication and relationship are the key tools to build this business. 52. No legal requirements like-permit, license, and fee to pay to start and build this business. 53. No barriers to joining this business-like language, social status, physical handicaps or anything else.  54. This business leads to exponential growth and income. 55. All individual distributors are nurtured like children by their growing up the line. 56. Its product has significant mass appeal…and are environment-friendly (organic). 57. This business has an educational system to train and mentor you. 58. Amway is a proven and reputable company. 59. Its product distribution system is fast and reliable.  60. A business plan is very easy to understand and duplicable.

61. Weekly open meetings drive motivation and prospecting. 62. Mega seminars enlarge your vision and enthusiasm. 63. All product training is also available on a regular interval. 64. You associate with successful, respectable and positive minded people. 65. Here you have the opportunity to learn from others’ experiences and mistakes. 66. This business transforms women from a homemaker to an entrepreneur. 67. After achieving diamond ship you are neither slaves to time nor money. 68. This business makes you a leader of your dream team and role model of your children. 69. Amway business is known as a family business because both husband and wife build it together. 70. FED function is truly a celebration of financial freedom and joy of time.

71. Amway is not a pyramid or chain scheme but purely a turnover based business. 72. You help others to change their economic map when you offer this business. 73. Your sponsor is not your boss or employer but counselor and friend.  74. Opportunity to retire in financial comfort.  75. You obtain a real businessman status. 76. You acquire real-life professional education. 77. The children learn the benefits of the network marketing business from experiencing with their parents. 78. The children learn the benefits of passive income and financial education at an early age. 79. You take many more family vacations and family business trips than you ever did. 80. This business tastes and enriches your soft skills. 

81. This business has various tax advantages over ordinary employees. 82. If you currently have a job, you can feel secure by keeping it and doing this part-time until your part-time income exceeds the income you’re currently making. 83. You are a completely independent business owner and the only person you answer to is yourself. 84. Husband and wife can create magical results in their financial life because both husband and wife are considered as one entity.  85. One can change one’s quadrant from the employee (E) to a businessman (B) with the help of this business. (refer Cashflow Quadrant) 86. Amway’s products are recognized all over the world for their high quality, value and performance..these are certified by Euromonitor/WHO. 87. This business gives you an opportunity to make money while you spend money. 88. This business provides a perfect opportunity for people by helping them to be self-employed and gain better control of their lives. 89. Amway business is an incredible way to become multi-millionaire for a low-earned person, semi-skilled person, time-poor person and especially for first-generation entrepreneurs. 90. You become an integral part of a positive, optimistic and energetic association in which people are self-motivated and go-getters. 

91. You have 100% chances to succeed if you are willing to learn and follow footsteps. 92. This business allows you to write your own paycheck and pay range. 93. You are in charge of your own destiny, instead of making your boss rich. 94. Husband- wife relationship becomes very loving and children feel more secure.  95. This business is always in your pocket. You can do your business anytime, anywhere and even while you are on vacation. 96. This business philosophy, “pay now, pay later “gives you an opportunity to invest your time now to save you from ‘time for money trap’.  97. This business provides a platform to convert your unproductive time into productive and more meaningful time.  98. Amway business minimizes your ego and anger level a lot. 99. This business saves you from the no-name syndrome. 100. You are able to leverage other people’s time and work…power of networking!

101. Amway has been helping people transform self-limiting beliefs into self-fulfilling breakthroughs to achieve their dreams.

Other Benefits of Becoming an Everyday Millionaire

When starting your own business with Amway, it isn’t just the flexibility you gain from owning your own business that you benefit from, nor is it the ability to achieve your own personal and financial goals at your very own pace. As an Amway Business Owner, you have access to a wide range of great exclusive benefits.

The key benefit of the Amway business is that you can create income through retailing of good quality products without any investment in inventory. Furthermore, you don’t need to own/operate a physical store; your home is your store. Lastly, your market is not limited to your neighborhood – Amway can deliver anywhere in North America, and they are operating in many other countries.

A small business can save you $10,000+/- on taxes?

Starting a small business can legally save you thousands of dollars in taxes on you (and your spouses) full-time job incomes. Because businesses can claim tax deductions for housing, utilities, transportation, travel, and computer equipment.

The IRS allows you to deduct up to $5,000 business startup costs and $5,000 in organizational costs totaling $10,000 BUT only if your total startup costs are $50,000 or less. Starting a Business for Tax Purposes: Save Money with Tax Write Offs (best4businesses.com)

If your startup costs are over $55,000 you are not allowed these deductions. These monies can be applied to reduce your taxes in the year before you open your business in the following year.

10 Tips on How to Reduce Taxable Income for Small Businesses (thehartford.com)

Amway Millionaire Business Owner

  • DEXTER AND BIRDIE YAGER: Dexter and Birdie’s story is one of humble beginnings, inclusiveness and family bonding. They started their journey with Amway in 1964. Their day jobs afforded them an average lifestyle in a small town.

But their hopes and dreams weren’t average. With consistency and commitment, they made Amway their full-time business earning a Silver by 1965. Today, they have been Crown Ambassadors multiple times and their estimated annual income is $15.6 million. Their business spans across 40 countries, for many of which they are Founding Diamonds.

Their three sons Jeff, Doyle and Steve are also invested in the business dedicatedly and so are their partners! Together they have established a business empire that is continuously guiding and mentoring their downlines.

  • BARRY CHI AND HOLLY CHEN: Barry Chi and Holly Chen are one of the most reputed couples in the multi-level marketing industry and have been associated with the biggest name in the business, Amway.

Natives of Taiwan, Barry and Holly grew up seeing and experiencing the harsh struggles of life. Before joining Amway, Holly used to teach the first grade. They jumped on the MLM bandwagon in 1982 when Holly started selling the Amway cosmetics to her friends and family. They moved to the U.S in 1986 through one of Holly’s students established the Chao Fao Amway Branch there, marketing to the Chinese and the Taiwanese immigrants in the state.

Their sons are also a part of their business, with their youngest son reaching the status of Diamond in Singapore in 2010. 

  • SUNNY HSU & DEBRA HSIEH: Sunny Hsu and Debra Hsieh are a power couple hailing from Taiwan and currently one of the top earners of the MLM leader Amway. At a time when everyone thought of networking marketing as a fraud business, they began their journey by door-to-door selling. This was 1985 and they were struggling to make ends meet in rural Taiwan.

Gaining success with their sales, the couple moved to China in 1995 after a decade of hard work. They then moved to India in 2012 and established their own brand. They are among the rare marketers who have achieved the 55 FAA qualification. At present, the dynamic duo has a monthly income of $350,000 and an annual earning of $4.2 million.

Steps to Join Amway Business and Becoming Amway Business Owner

To become Amway business owner you will need to signup as an Independent Business Owner (IBO), which enables you to begin earning income through our Compensation Plan. If you know an Amway IBO, you should discuss with him or her how this business can help you achieve your personal goals. If you would like to connect with an Amway IBO, we can help you find one to fit your interests and needs.

Imagine what your future could look like if you started today!

Talk to your MKS Master Key System Coach about your dream of becoming an everyday millionaire. Ask them to help you become a millionaire now.

And if you’re ready to get started, make sure you connect with a MKS Master Key System Coach—someone who can teach you all about earning, saving, investing and help you pick and choose the right investments for your portfolio.

Contact us now.

Michael Kissinger

Sydney Reitenbach

Phone: 650-515-7545

Email: mjkkissinger@yahoo.com

Disclaimer Our vision is to help you bring your biggest dream into reality. As stipulated by law, we cannot and do not make any guarantees about your ability to get results or earn any money with our ideas, information, tools, or strategies. Your results are completely up to you, your level of awareness, expertise, the action you take and the service you provide to others. Any testimonials, financial numbers mentioned in emails or referenced on any of our web pages should not be considered exact, actual or as a promise of potential earnings – all numbers are illustrative only, as I am sure you understand. That being said, we believe in you and we are here to support you in making the changes you want for your life and giving you methods, strategies, and ideas that will help move you in the direction of your dream.

Reitenbach-Kissinger Institute-MKS Master Key Coaching Systems

Phone: 650-515-7545 — Email: mjkkissinger@yahoo.com

Web: https://mksmasterkeycoaching.com

Terms of Use | Testimonials and Results Disclosure | Privacy Policy

© Copyright 2021 – Reitenbach-Kissinger Institute – All Rights Reserved

Published by Sydney Reitenbach

Helping women live better lives, create success faster, build a business and assets they love while creating unlimited incomes both part or full time. Join us. Risk Free Satisfaction Guarantee

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: