Thursday, September 08, 2005

Came across some interesting stats that i wanted to share with you...last year, Stanford University's tuition and room and board for one year was almost $40,000. And, the average American annual income is a bit under $36,000!!! Read that again! Mind-boggling right? In my introductory post, I asked what was wrong with showing others how to make (for starters) an extra $2,000-5,000/mth. with a part-time business in network marketing? You see, when you jump out at someone and tell them how they can make millions (or $50,000/mth.), not only is it not real to them, it actually scares the daylights out of them (there's a whole thing here about people not feeling they "deserve" that kind of success, but we are keeping this simple for now!). But....think about a family that is even 25%, or 50% above the average income.....making say $45,000-55,000 a year, with two kids....THEY CAN, AND WILL SEE, how a nwm business offers a way to KEEP THEIR JOB (security), and, with a few hours a week of consistent "work", and a modest monthly investment, make an extra $25,000-60,000 next year...how does that sound to them? How about the higher level income family who makes that "magical" $100,000/year working very hard at it, while paying an average of 35% to Uncle Sam, and still staring at that dreaded college tuition in the upcoming years? These prospects already are "theoretically" successful, and probably understand the concept of compounding, geometric progression, and/or leveraging themselves...but they still need more right? They probably already invest into mutual funds (for example) using a solid strategy called dollar cost averaging...basically investing a consistent amount every month (maybe $100) to continue to buy "shares" of the fund regardless of whether it's a bit up or down that month, and over a period of years...voila....you usually have ...a very nice result....In fact, that's EXACTLY how I explain NWM to these higher qualified, already somewhat successful prospects (we're going to discuss WHO you should be prospecting and how you market to them soon)...NWM is just like a mutual fund....invest a certain amount every month in YOUR products and business, speak to some people about this "investment" opportunity, and, in four years, you have a check coming in every month for thousands of dollars, a million dollar asset value business, and....here's the kicker...here are your options...keep that going, increase it, retire and collect for life, heir it or sell it....WOW!!! Hey, Stanford...NO PROBLEM!!!

4 Comments:

At 9/08/2005 6:54 PM, Anonymous Anonymous said...

This comment has been removed by a blog administrator.

 
At 9/08/2005 10:37 PM, Anonymous Anonymous said...

Hi Tony,

Nice job with the site!
I look forward to future posts.
Please include me in the update email list.

Paul B
www.oxyfresh.com/stressfree

 
At 9/09/2005 10:14 AM, Anonymous Anonymous said...

Dr. Stefanou,
Congratulations on your latest venture. I know that because of your experience, knowledge and enthusiasm your clients will be successful. I look forward to working with you again!

Dr. Steven Rinaldi
Andover MA

 
At 9/09/2005 10:18 AM, Anonymous Anonymous said...

Tony,
I have to echo your last post. Even though I'm earning upwards of 200K/yr, I've found the extra couple grand a month really comes in handy, and is like "fun" money. What most do not realize is that when you earn 40, 50, 100K you live to that amount, and most is the US are either house poor or in credit card debt up to thier ears, no matter what they make. That extra couple of G's can make the difference. Remember an extra $300 per month would have prevented 70% of the bancruptcies in the US, in the past few years, so there are thousands looking for this option.

 

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