Show Them The Money
By Jim Lynn
"I never have enough money at the end of the month.
My husband and I always end up fighting; and my bills
are too complicated."
Sound familiar? It should because half (50%) of all American
households have problems making even the minimum payment
on their debts. They simply do not have enough money to
meet their obligations.
What Most Americans Are Dealing With:
The cost of one late payment can be extremely large when
you add in the penalty interest rates. If you have one credit
card with a $2,500 balance at a regular 14 percent interest
rate, and you only make the minimum 2.5 percent monthly
payment, it would take you almost 16 years to pay off the
balance and cost you an additional $1,980 in interest. If you
take the same balance and monthly payment but use a
penalty interest rate of 28 percent, it would take 101 years
to pay off the balance and cost an additional $30,165 in
interest. (Source: http://myvesta.org)
What's worse. Many creditors monitor credit reports looking
for late payments and problem accounts. So if you're late on
one account, it sends a signal to other creditors that you've
become a bigger risk so they jack up the interest rates on
your credit cards even if you've never been late with them.
Why am I telling you this?
To achieve success with your own homebased referral marketing
business you need to Show Them How:
Begin by showing them the huge tax advantage they gain
by owning their own home-based business. Show them
how they can increase their take-home pay by hundreds
of dollars a month to fund their new business and product
purchases. Show them how owning a business can mean
keeping several thousands of tax dollars they would
otherwise pay.
Offer a partnership with them and explain how by
partnering you can assure them of building life-long
residual income. Show them a no-nonsense, proven
business-building model. Trust those who know from
experience. Prospects get excited when you
"show them the money."
What is happening now in America is a tragedy.
People are trying to fix their financial troubles by
borrowing their way out of debt and creditors are
happy to let them get in deeper. You and I have
the opportunity and responsibility to show people
how they can help themselves.
Our present and future economy depends on independent
business owners who share the dream of independence
with others. Long live free enterprise.
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Jim Lynn is an entrepreneur and creator of
"Pro Marketing For People Who Network."
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