Wealthy people became rich thanks to their assets
By Steve Simard
Posted Saturday, December 18, 2004
What is an asset ? An asset is simply something that brings money into your pocket.
Liability is the opposite. It is something that takes money out of your pocket.
Personal loan is a liability, your credit cards debt are liabilities. Your car, your everyday expenses are also liabilities. We have so much liabilities that we have to get a job if we want to pay them...
So we go to work and try to work harder so we can earn more money to pay bigger liabilities. Then we have a house, children, a family to take care of, a dog, a cat, another car so your wife or husband can go to work and bring in a little bit more money, then comes babysitting expenses, and so on, and so on... You know what I'm talking about? Don't you?
So we hope for a pay raise because liabilities are piling up.
How can we get out of that? Get out of the rat race ?
The answer is very easy.... YOU HAVE TO OWN ASSETS. How do I get assets, you might ask ?
You have tools ? You can rent them to someone. They become an assets. You have a spare room in your appartment ? You rent it to someone, there it goes... another asset. You buy stocks from whatever companies of the futur and they rise to the roof ? You have another asset. You have capital to buy a franchise of the best coffee shop in your area ? there you go... another asset.
Most of assets comes under 3 categories.
1) REAL ESTATE
2) STOCKS, MUTUAL FUNDS, INVESTING PLANS
3) BUSINESSES
In most cases, to own some assets we need capital. Here we go again with the old adage that says ''We need money to make money''
You know what ? It is not true anymore. Especially since the Internet age. It has been easier than ever to create assets, create businesses, create money...
One of the easiest way to own an asset is through Network Marketing. It has been easier than ever to get your own business. You can have thousands of products for sale, you can own an online store without buying any inventories.
Network Marketing gives you the possibilities to own your business without the hundreds of tasks you need to accomplish when you start a traditional business.
Network Marketing gives you a business with a working and proven system already in place.
It provides you with a team of people willing to help and guide you every step you make.
It provides you with all kind of ready-to-use tools that you would have to create or pay if you started a traditional business.
It provides you with a way to start YOUR business WITHOUT THE BIG COSTS of a franchise or traditional business.
Owning a business is something possible and affordable. You can own a business for less than $100 a month. In most cases you can even test drive companies for free.
Network Marketing has terrific potential tax and inheritance benefits. Your family can work with you... allowing you tax deductions on help from your children. Plus deductions for travel, seminars, publications, phone, gas, electricity bills, internet connection, computer, etc.
You can have billions of potential customers thanks to the internet.
The Network Marketing Industry will soar in the coming years. It is the BEST time to learn more about it.
Now you have no more reason not to own an asset.... Or maybe you're too busy working for someone else...
About the Author
Steve Simard is an Online Entrepreneurs and special effect Technician in the movie Industry. He started to own his first asset with SFI Marketing group, a leading network marketing company. YOU TOO can own your first asset. Follow Steve's step and start your business for free. Steve will be coaching you at : (http://www.free-home-business-factory.com) You can watch the video presentation at: (http://www.quickinfo247.com/8191563.58/overview)
