The NEW American Dream

Archive for the ‘Tax Advantages’ Category

Business is indeed booming for Direct Sales and Network Marketing around the globe— and for some very impressive reasons.

Please watch this short (07:25) video.

Network Marketing isn’t the only way.
We just don’t know a better one.

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Please, let us know what value you got from this post and leave your Comments below.

Thanks.
We appreciate you.
The NEW American Dream Team

Redo, reiterate, renew, repeat, replay, replicate, reprise, rebroadcast, rerun, recycle. All to say that until the business beginning of January (the 3rd) will be reposting some of our best to date. Hope you enjoy our vacation <smile>.

Excerpted from Robert Kiyosaki’s terrific book, The Business of the 21st Century.

Tax Advantages— and the Lesson They Teach
People who are brand-new to Network Marketing are often quite surprised to learn about the significant tax advantages from having your own home-based business.

Most people have at least a vague idea that the rich enjoy all sorts of tax advantages that they themselves do not, but since they have lived their entire lives in the E [Employee] quadrant, they typically have no concept of what those advantages are or how they actually work. Therefore, people are often shocked to realize that they, too, can enjoy those very same tax advantages and put significant amounts of money in their pockets from the very first day of their new business.

With recent changes in tax policies and more insurance programs tailored for small businesses and the self-employed, it’s easier than ever before to create your own benefits package that rivals and even surpasses anything the standard big corporations could offer.

By starting a Network Marketing business in your spare time and keeping your regular job, you begin to get the tax advantages of the rich.

A person with a part-time [home] business can take can take more tax deductions than employees do.

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And those deductions Robert is speaking about are not a few dollars here & there. They ARE significant. For most home-based business owners— even working part-time, they amount to a number of thousands of dollars (think $5000 or more). And that’s immediate money, not something you have to wait for.

There has never been a more important time to learn about and be open to the possibilities of Direct Sales MLM Network Marketing. It is The NEW American Dream.
______________________________

Please, let us know what value you got from this post and leave your Comments below.

Thanks.
We appreciate you.
The NEW American Dream Team

“(MLM) is the best-kept secret in the business world.”
— Fortune magazine

“Dollar for dollar, (MLM) is the best investment I’ve ever made.”
— Warren Buffet

It’s a grim economic picture these days. Businesses are downsizing, going virtual or going offshore and taking our jobs with them. That’s bad news. Making matters worse, the recession that is gripping our economy — while showing some signs of recovery — has hit many of us hard. The unemployment rate is hovering around 10 percent, a 26-year high. And there is a widening gap between the richest and poorest Americans as these rippling job layoffs ravage household budgets.

Not everybody is struggling. Many of us who have pursued Network Marketing have gone from relying on an employer to pay us and take care of our security, to us “getting it” that we are our only security.

What was once considered risky— starting your own business— is rapidly becoming known as the smartest way to reduce taxes, increase your income, build net worth and create free time.

So just how promising is Network Marketing? Could it be the answer to the financial security you’re looking for? And just as important, is this industry tested and proven?

To answer these questions, I’ve included a link to an educational and eye-opening video I recently recorded called The Four Year Career. It takes a good, hard look at this 60-year-old industry from an insider’s perspective as I explain the proven merits of the Network Marketing and how it can truly offer a viable solution to a lifetime of financial security.

I encourage you to take a few minutes and watch The Four Year Career because the truth is, for most of us, the traditional business approach is out of reach.

Why? Hundreds of thousands in start-up capital— all at risk and far more than a full-time effort with competitors around every corner. There are no solid mentors and no life beyond the business.

Network Marketing provides an alternative for those serious about their net worth and their freedom.

In his best-selling book, The Automatic Millionaire, David Bach says, “the beauty of this industry is that it’s all done for you. The only thing you need to do is find a reputable company — one that you trust, that offers a product or service you believe in and can get passionate about.”

Robert Kiyosaki, author of Rich Dad, Poor Dad says, “you’re actually building an income-generating asset. Direct selling gives people the opportunity, with very low risk and very low financial commitment, to build their own income-generating asset and acquire great wealth.”

And what once may have been looked down upon as a peddler’s opportunity is now seen far differently by those that should know. In the past few years alone, Network Marketing has been showcased in Forbes, Fortune, USA Today, US News and World Report and the Wall Street Journal.

“The best-kept secret of the business world.” That’s how an article in Fortune magazine described Network Marketing in August 2004.

In 2002, Warren Buffet got many people’s attention when Berkshire Hathaway purchased a major Direct Sales company.

Buffet now owns three Direct Sales companies and has said, “dollar for dollar, it’s the best investment I’ve ever made.”

Sir Richard Branson, founder of Virgin Records and a host of other Virgin companies, founded Virgin Cosmetics in the UK — a Direct Sales company. The list of major MLM investors reads like a who’s who: Bertelsmann, The Body Shop, Crayola, Hallmark Cards, Jockey, Nestle, Remington Industries, Sara Lee, Unilever and Time Warner.

In his most recent book, The Next Millionaires, Paul Zane Pilzer forecasts 10 million new millionaires in the U.S. over the next 10 years, and predicts many of them will be people who are getting involved in their own Network Marketing business now.

Network Marketing has grown every year for the past 20, jumping over 91 percent in just the past 10 years. Today, more than 40 million of us enjoy annual sales of $30 billion in the U.S. and $100 billion worldwide.

Every week, an average of 175,000 new people in the U.S., and an additional 300,000 worldwide, get their starter kit, learn their products and start offering their opportunity to others. Some will persevere with a personal vision of fun, health and abundance and go on to live extraordinary lives. Others will not harness this personal power and will move on. Either way, the opportunity to be part of a great movement in our country and the world is available to all of us.

We cannot deny that we are smack-dab in the middle of the opportunity to change our lives and the lives of our families for generations to come. Not just with the wealth we can create, but with the wisdom to live lives worthy of such abundance. What we do with it today, tomorrow and every day is entirely up to us. As good ol’ Henry Ford said profoundly: “If we think we can, we will. If we think we can’t, we won’t.”

It does not take a Ph.D to figure out how things won’t work for you. Actually, any idiot can decide that fate. It takes vision, courage and creativity to figure out every day how it will work for you.

Make it happen for yourself. Do it ANYWAY!

Richard B. Brooke

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Please, let us know what value you got from this post and leave your Comments below.

Thanks.
We appreciate you.
The NEW American Dream Team

There’s a huge difference between Network Marketing and pyramid schemes. Learn the truth here.
By Michael L. Sheffield

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Question: Some friends continue to try to recruit me into Network Marketing deals that seem like some type of money game or pyramid. Other friends tell me they’re illegal and I’ll get into trouble. How do I know what’s legal and legitimate?

Answer: To help you understand what Network Marketing is, I must first explain what it isn’t.

Network Marketing isn’t a pyramid scheme.

Pyramids are programs similar to chain letters where people just invest money based on the promise that other people will put in money that will filtrate back to them and somehow, they’ll get rich. A pyramid is strictly a money game and has no basis in real commerce. Normally, there’s no product involved at all, just money changing hands. Modern-day pyramids may have a product, but it’s clearly there just to disguise the money game.

Network Marketing is a legitimate business. First, it’s based on providing people with real, legitimate products they need and want at a fair price. While some people do make a lot of money through Network Marketing, their financial benefit is always the result of their own dedicated efforts in building an organization that sells real products and services.

Pyramids are illegal and are based on taking advantage of people. For a person to actually make money in a pyramid scheme, someone else has to lose money. But in Network Marketing, each person can multiply his or her efforts, skills and talents by helping others be successful.

Network Marketing has proved itself as part of the new economy and a preferred way to do business here and around the world.

Network Marketing isn’t about taking advantage of your friends and relatives.
Only a few years ago, Network Marketing meant retailing to, and sponsoring people from, your “warm list” of prospects. Although sharing the products or services and the opportunity with people you know is still the basic foundation of the business, today we see more people using sophisticated marketing techniques such as the Internet, conference calling and other long-distance sponsoring techniques to extend their network across the country and around the world.

Network Marketing isn’t a get-rich-quick scheme.
Of course some people do make large amounts of money very quickly. Many would say those people are lucky. But success in Networking isn’t based on luck. (Unfortunately, money won’t sprout wings and fly into your bank account no matter what someone has promised you.) Success in Network Marketing is based on following some very basic yet dynamic principles.

Now, let’s discuss what network marketing is.

Network Marketing is a serious business for serious people.

It’s a proven system where the design, creation and expense the corporate team has gone through becomes a road map for your own success. Just follow the simple, proven and duplicable system that the good companies provide.

The real key is this: Network Marketing is all about leverage.

You can leverage your time and increase the number of hours of work effort on which you can be paid by sponsoring other people and earning a small income on their efforts. Andrew Cargegie, who created one of the world’s greatest fortunes, said “I would rather make 1 percent on the efforts of 100 people than 100 percent on my own efforts.” This very basic concept is the cornerstone of Network Marketing.

For example, most successful people building a Network Marketing business do so in an organized method. They work a few dedicated hours each week, with each hour of effort serving as a building block for their long-term business growth. Then they sponsor other people and teach those people how to sell the company product and sponsor others who duplicate the process.

By helping the people you personally sponsor to sponsor others, you duplicate yourself. As this process continues, you create compound growth that can lead to hundreds or even thousands of people coming into your business. You leverage your time by helping others be successful and earn an income from all their efforts.

Network Marketing, has no big capital requirements, no geographical limitations, no minimum quotas required and no special education or skills needed.

Network Marketing is a low-overhead, home-based business that can actually offer many of the tax advantages associated with owning your own business.

Network Marketing is a people-to-people business that can significantly expand your circle of friends. It’s a business that enables you to travel and have fun as well as enjoy the lifestyle that extra income can provide.

Michael L. Sheffield is the founder of Sheffield Resource Network, a full-service multilevel marketing consulting firm in Tempe, Arizona. He is also the co-founder and chair of the Multi Level Marketing International Association (MLMIA), whose members represent companies throughout the world.

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Thanks.
We appreciate you.
The NEW American Dream Team

More & more, the issue of “Retirement” is increasing in importance for a growing number of Americans. Clearly, with the Baby Boomers in their 50′s and 60′s that’s to be expected. But in today’s unsettling economic times, retirement has a new urgency. Unlike even a major purchase of a car or a house, which can take years of planning, retirement requires a lifetime .

Here’s a piece written by business expert and Network Marketing million-dollar-income-earner, Rod Nichols. Trust it serves. (And btw, that $2 trillion figure is two years old. Imagine how much bigger that number is today…)

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Yesterday’s Headline: Retirement accounts have lost $2 trillion — So far!
by Rod Nichols
Are you relying on the 401k, retirement account, or Social Security to take care of you in your old age? Forget about it! Take control of your financial future with a Network Marketing business.

First, Network Marketing businesses are a lot more fun than just sticking money into an account.
Second, Network Marketing businesses have a much greater potential for return.
Third, Network Marketing businesses give you the opportunity to help others too.
Fourth, Network Marketing businesses provide you with much better tax benefits.
Fifth, Network Marketing businesses create opportunities for your to travel and meet new people.

There are five great reasons to utilize a Network Marketing business to secure your retirement.

Let me tell you a sad story.

A number of years ago I met a man who had worked for the same company for 30 years and socked away a large sum of money into the company retirement account. He was 2 years away from retirement when the company went bankrupt. He lost everything and was devastated. “What could I do in 2 years that would enable me to recreate my retirement fund,” he asked me and I told him there was only one thing – Network Marketing. I then helped him research the industry to find the right company for him and 2 years later he had built a business that generated far more than his retirement account would have.

Think about it this way.

If you have a Network Marketing business that generates a $100,000 a year income, you have the equivalent of $1,000,000 in an investment that yields 10%.

How long would it take you to accumulate $1,000,000 doing what you are doing now?

Whereas there are many people who work part-time and within 2 to 5 years have a Network Marketing business that generates a residual income of $100,000 or more (much more). Beyond the financial side, a successful Network Marketing business will give you free time to enjoy life, opportunities to travel and make new friends, lot’s of cool contests and awards, and amazing tax benefits.

So, if you have a Network Marketing business, get busy and secure your financial future. If you don’t, start looking today.

______________________________

Please let us know what you value most about this post by leaving your Comments.

Thanks.
We appreciate you.
The NEW American Dream Team

Excerpted from Robert Kiyosaki’s terrific book, The Business of the 21st Century.

Tax Advantages— and the Lesson They Teach
People who are brand-new to Network Marketing are often quite surprised to learn about the significant tax advantages from having your own home-based business.

Most people have at least a vague idea that the rich enjoy all sorts of tax advantages that they themselves do not, but since they have lived their entire lives in the E [Employee] quadrant, they typically have no concept of what those advantages are or how they actually work. Therefore, people are often shocked to realize that they, too, can enjoy those very same tax advantages and put significant amounts of money in their pockets from the very first day of their new business.

With recent changes in tax policies and more insurance programs tailored for small businesses and the self-employed, it’s easier than ever before to create your own benefits package that rivals and even surpasses anything the standard big corporations could offer.

By starting a Network Marketing business in your spare time and keeping your regular job, you begin to get the tax advantages of the rich.

A person with a part-time [home] business can take can take more tax deductions than employees do.

____________________

And those deductions Robert is speaking about are not a few dollars here & there. They ARE significant. For most home-based business owners— even working part-time, they amount to a number of thousands of dollars (think $5000 or more). And that’s immediate money, not something you have to wait for.

There has never been a more important time to learn about and be open to the possibilities of Direct Sales MLM Network Marketing. It is The NEW American Dream.
______________________________

Please, let us know what value you got from this post and leave your Comments below.

Thanks.
We appreciate you.
The NEW American Dream Team