Thursday, July 5, 2012

Compensable Time

Here is the equation most people live by: Compensable Time, which means Hour Worked=Hour Paid. In essence you sell your time. You work one hour and you get paid for one hour and you are done. To make more money you sell more hours of your time. Once you are paid you have to keep selling your time to continue to receive pay.

With this method you can make more money by working more hours. You can do this by having a full time job that hopefully will let you work overtime. These days it is hard to find those with all the cutbacks. You can work a full time and part time job or several part time jobs. You can prove yourself valuable enough to get timely raises. Or spend your hard earned money for training that will make your hour worth more to an employer.

The issue with this is that there are only 24 hours in a day and no one can work 24/7/365. So there are only so many hours in a day that you can sell and still have sleep and personal time. The hours you are selling are taking time from your family, personal time, hobbies and other things that bring you joy. And your worth is determined by someone making way more for their hours than they are willing to pay you.

Another option to make more money is to be the one starting the business and hiring other people and you get to determine the worth of the hours they sell to you. One problem, I have heard from many people, with the traditional business is that it can take years and many hours before it becomes profitable. In essence you buy yourself a job. And a lot of the time you are selling your own hours for free for years to get your business off the ground.

Now for a more viable option. Network Marketing. Most people have heard many scary stories about this but there are many legitimate Network Marketing opportunities out there. The key is that there needs to be an actual product or service offered in the business plan. Not just fees to be in the business and selling the business for more fees. One company I have found that fits the legitimate business formula for years now is Drink A.C.T. (Parent Company-Youngevity) and they strive to make sure people are successful.

Another thing to be leery of is outrageous guarantees. The potential of Drink A.C.T. is more than most people can dream of and there are plenty of people seeing this first hand. However, they realize that every individual is different. As with any business you WILL have to put in an effort to make it grow. Many people won't put in any effort and say that it didn't work so a good company would not guarantee you will make a fortune. The great thing about Network Marketing is there is one out there that represents almost anything you could ever want to get into. You can start for minimal costs and you don't have to leave your current job to build it.

With Drink A.C.T. you can build a global business from your kitchen and make residual income. That is money that comes in month after month off of a one time effort. Sort of like Hour Worked=Hour Paid-Hour Paid-Hour Paid on and on and on. And you can make money off the efforts of others on your team without having the headache of employees because everyone is their own individual business owner. Now wouldn't it be nice to say Hour Worked=Hour paid again and again, Hour slept=hour paid again and again, Hour Vacationing=hour paid again and again.

Seems a logical option to me. But like I said there are many Network Marketing Opportunities out there. You don't have to join ours, although I have found it to be the best one, just find one you can relate to and join it. The tax benefits of a home business alone are worth investing in it. We have over 150 products and adding all the time. So try some of our products and if you can't find at least two you love then you should find another business to be a part of. I hope to see you on my team in the future and we can help each other grow our empires.

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