Do you know how to build financial freedom? Do you know what financial freedom is?

Financial freedom is the ability to go about your life, doing what you want to do, without having to worry about money. Sounds cool and maybe too good to be true, right?

Well, it is true because I know a few people who have it. I have blogged a lot about Loral Langemeier and I believe she has financial freedom. Some other people I follow that you may have heard of, like Mike Dillard, Bob Proctor, and Joe Vitale, also have financial freedom. Closer to what I’m doing, Reid Nelson and Dave Johnson are high-ranking Nikken distributors who have achieved it.

I think that you and I should also be on that list, don’t you?

I quit my job 3 weeks ago today, totally voluntary, so that I could focus on building my own businesses. My primary business is with Nikken, a research company originally from Japan, that offers very unique technologies to help people feel better without having to rely so heavily on drugs and surgery. My goal is to build a team that cares enough about other people to want to offer alternatives for staying healthy,  building income, and establish their own financial independence.

I had some one-on-one time recently with Reid Nelson, one of the people I mentioned above, about what he sees as our real business. He doesn’t see Nikken and network marketing as selling. Instead he describes it as building distribution networks for some amazing products and our income is earned by moving product through those networks. I have to agree with him. I can’t remember the last time that I sold any product and I still get a check every month. I have a website that sells product for me and I get rebates from the product that I buy for my own use. The people on my team buy product for themselves and I make some income from that as well. It’s really a very useful way to look at it.

If this sounds interesting to you, please leave me a comment or contact me through my contact page. I can also be reached through my product site at www.getmywellness.com where you can also see those amazing Nikken wellness products I mentioned.

Wayne Woodworth
Building financial independence through distribution networks

April 15th has come and gone and tax season is over for another year.  Were you happy with how much money you gave the government or would you like to decrease it?  Now is the time to look at that and prepare for next year.

I don’t mind paying my taxes every year but I definitely don’t want to pay more than I have to.  The best way to reduce your taxes is to be in business for yourself.  If you have a regular job then you know that you pay taxes on the amount of money you make then you pay your expenses with what’s left.  Did you know that businesses do it differently?  They pay their expenses from the money they make then pay taxes on what’s left.

In case you didn’t get that, let’s say you are an employee who makes $3,000 each month.  The government taxes you at 25%, so they take $750 and leave you $2,250 for the month out of which you make a $500 car payment.  You have $1,750 left.  Now let’s say you are a  business that makes the same $3,000 each month.  As a business, your $500 car payment is a business expense leaving you $2,500 in income.  That amount is taxed at 15% (you dropped to a lower tax bracket) for $375 and leaves you $2,125 to get through the rest of the month.  You have an extra $375 each month just because you are a business.

Starting a business sounds good now, doesn’t it?  But what are you going to do?  It has to be a legitimate business.  How about network marketing?  It is easy to start, has very low cost, and you can do it from home (which saves you even more money because your home office is a business expense).  I can offer you two good choices of network marketing companies to look at. One in wellness and the other in greeting cards.

Wayne Woodworth
Network Marketer
Saving me a fortune.

One more thing, I am not a financial advisor.  I strongly encourage you to talk to one about your situation so that you know everything you need to know for your area and what you want to accomplish.

The company that I currently work for has an upside down pyramid for their corporate structure.  The customers are at the top because a company cannot exist without customers.  The next layer down has the regular employees who support the customers by taking orders, providing technical support, and handling accounting issues.  The next level are the team leads whose job is to support the regular employees.  They provide the employees with everything they need to get their jobs done.  Below them are a handful of team captains who support the team leads.  Then at the bottom is the company captain.  As you can probably guess by now, his job is to support the team captains.  The company is doing well even in this recession because they have very loyal customers and extremely low turnover in the workforce.  The company exists to provide good service to the customers and give the employees a great place to work.

Imagine what the world would be like if all companies were like this.  Every where you went you would see smiling faces offering excellent customer service.

This inverted pyramid is also how the successful groups in network marketing work.  They don’t describe this structure exactly but this is the way Nikken, the network marketing company I joined, encourages the teams to work.  For my upline to be successful they need to support their downline, me, and I need to support my downline.  For me to make a lot of money with Nikken I need to support a lot of partners who can make a lot of money.

So maybe instead of calling my sponsor an “upline” I should call him my “downline”.

Wayne Woodworth
You future network marketing downline?

Network Marketing, especially Wellness Network Marketing, is a great way to build a supplemental income, and eventually a primary income.

This is the perfect time to think about starting a network marketing business.  These days everyone is worried about the economy.  Banks are going under as well as other large businesses.  Thousands of people are becoming unemployed.  Network Marketing is the perfect answer to this problem.  I know people who are doing Tupperware, Shaklee, Arbonne, Juice Plus, Ambit, Ignite,  Xango, and SendOutCards.  I am with Nikken, a wellness network marketing company.  None of them are worried about losing their job.  Once they have been doing it for a while they aren’t worried about their next paycheck either.  My upline has been with Nikken for better than 15 years and is not worried at all about the economy.  They have created their own, very robust, economy.

You hear about the people during the Great Depression who struggled to put food on the table for their families.  Those stories account for something like 25% of the peole during that time.  While it is a large percentage of the population, it isn’t the larger part of the population.  Most people were doing ok while some people were prospering.  How would you like to be part of the group who will be “doing ok” regardless of what the world’s economy does in the future?  Or, better yet, how would you like to be a part of the group who is prospering to the point where they can freely give back to help the people who are struggling?  I will bet you that a large part of that prospering group will be people who started a home-based business, and in many cases who started a network marketing business.

Right now I’m in the group that is doing ok but I will soon be in the group that is prospering.  Anybody care to join me? Please leave me your comments.

Wayne Woodworth
Wellness Network Marketer
Future Giver of Prosperity

I’m going to take a break from the string of posts I have been writing to talk about something that has been bothering me lately. Over the past few months I have been reading conflicting stories on CNN about the economy, gas prices, and other things that seem to affect us on a daily basis. You hear from one expert that we are in a recession, from another one that we’re not in a recession, or even two experts arguing about what the actual qualifications are for a recession. We all probably agree with the experts who say that high gas prices are bad for the economy. Well, I read a story recently from an expert who said that falling gas prices, as they are now, are bad for the economy. It appears that they are and indicator of a coming recession.

The point that I want you to get out of this is that you can find evidence or news stories by experts to support any view of reality that you want. You can find some experts that will tell you that you need to stay away from real estate because prices are dropping due to all the foreclosures. On the other hand, other experts say that now is the perfect time to get into real estate for the very same reason, so many foreclosures make prices low. People are selling off their stocks and leaving the stock market because prices are falling. I heard from another expert that now is the perfect time to get into the stock market because every time in our history that stocks have dropped like this, the market has increased by better than 50% in the next two years.

Instead of letting other people define your reality, pick your own view and go find evidence to support it. I will give you a few examples of people or companies creating their own reality.

I had a prospect back in June join my team in my network marketing business. She had already paid the money to join and received the business kit. She was a physical therapist and had just started working at a wellness center and thought that the Nikken products would be something that she could recommend to her clients. But she said she was really busy with the end of the school year and hoped to get to the business kit in a week or two. Well, I tried unsuccessfully to reach her until finally I got her on the phone at the end of July. Consistent with her belief that she is too busy, she never got around to even opening the business kit. In addition, she has quit the wellness center because she wasn’t getting any work. She said that the economy is bad and that people are not going to wellness centers. She admitted though that she didn’t do any marketing for herself, so is the lack of work because of the economy or because nobody knows she’s there because she never marketed herself. Her belief that she is too busy and that the economy is bad has created that reality for her.

The next example is the company that I work for (yes, I still have a JOB). They are a small company that competes against monster companies like Allen Bradley and Siemens to sell PLCs and other automation products. The company president knows that the economy is in recession but also believes that a recession is the company’s time to really shine because our products are much less expensive than the competition. So even though the economy is supposed to be bad and July is generally one of their slower months, they had the highest sales in their 12 year history. I’ve heard from the day that I started that this company is the company of choice when times get tough in the automation industry. That is what they believe and that is the reality that they are currently living.

The last example is of me and my network marketing business. For the longest time I limited myself by believing that people wouldn’t buy the more expensive items that are offered through Nikken, the network marketing company I am with. Also, like the lady I mentioned in the first example, I didn’t do any marketing. And sure enough, I didn’t sell much. In the past several months I have been learning how to market on the internet and that big ticket items are actually the best products to have because when you do sell them they make you a lot of money. They have to be worth the price and deliver the benefits of course. During June I really got busy with marketing, mostly with pay-per-click advertising on Google, and in the middle of a bad economy, sold almost $2000 worth of product which netted me a check for a little over $400. Not bad for someone just starting out. I changed my reality by changing my beliefs.

So, what reality do you want to create for yourself? Do you want to believe that the economy is shot to pieces, that you are too busy to make positive changes in your life, and that you will never make enough money to do the things you want to do? Or do you believe that life is good, the economy is improving (at least your economy), and that you can have money if you chose to make some changes?