Business Secret of the Rich - Cash Flow is King

In our last lesson we shared these KEYS in considering any ho.me business. These KEYS are critical in making a decision for any business you start. For review, here are the 5 keys...

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#1: Secrets of the Rich - TAX DEDUCTIONS
#2: Short Term CASH FLOW
#3: Long Term CASH FLOW - Automating Your Business!
#4: Warranty of Service - A Guarantee!
#5: FOCUS on a Primary Income and then Diversify
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Todays focus is to concentrate on Principle #2 Short Term CASH FLOW...

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#2 Short Term CASH FLOW:

When starting a business it's important to start creatingSHORT TERM cash flow right away. Unforunately most businesses take a lot of time to develop. Entrepreneur Magazine shows that the average businesstakes up to 3 years before it starts to profit.

THIS IS A HUGE PROBLEM for most people who want to startup their own business, isn't it?
Many businesses have HUGE START UP COSTS and most of thosestart up costs DON'T give you the opportunity to make money!

There is a SOLUTION to the PROBLEM!

What is it...
It's realizing this. CASH FLOW is king. For example, if you look at your everyday job and incomeas your PRIMARY FUNDING SOURCE or as your PRIMARY SOURCE of INC.COME, this can be a great place to build from.

Let's say we were talking about real estate. In your situation right now, you may have some cash set aside, maybe some credit,or at least access to some money.

Before I go to far. One of the greatest lies in business today is : It takes MONEY to ma.ke money.

NO!

It takes CREATIVITY and the right MINDSET to m.ake money.

Back to our real estate example. Let's say for sake of exampleyou wanted to purchase a property for $150,000. Let's say the bank required you to put up 5% or $7,500 for the property. However,you looked at the area and figured the property would be worth$200,000 within 3 years.

So maybe you didn't have the cash. Maybe you sold a few thingson eBay, or at a garage sale or whatever. Maybe you even had a fewhundred bucks set aside. Maybe you found a partner. Or did someextra work to make enough money to come up with the $7,500 upfront.

OK. Here's the key. Let's say you found a way that within 3 yearsyour property went up to $200,000. You had been making a mortgage payment on it for about $1400. Maybe you had renters in the propertypaying for your mortgage. Maybe you lived in the property and renteda room to offset some of the mort.gage...

After 1 year you would have paid $16,800 for the property. Mostof the $16,800 would be written off as a deduction in interest. (Remember Key #1 - Secrets of the Rich - TAX DEDUCTIONS? You would likely have about $13-15K in tax deductions from this example forthe year- not including any other deductions you might have).

In this theoretical example, after 3 years, you would havepaid about $50,400 for the mortgage, gained incedible taxdeductions, and now have a property worth $200,000 with some equity wouldn't you?

Let's say you wanted to sell it for the $200,000. You put up $7500 initially. You paid approximately $50,400 for the mort.gage.Gained approximately $45,000 in deductions for the 3 years andprobably about $10,000 in equity in it. Can you see all thebenefits of this example?

So, let's say you sell it for $200K. You pay off the initialmort.gage which has approximately $137,000 owed on it. So, you pay off the $137,000. You sell it for $200,000. That's$67,000.
Now, originally you had put up the $7500. You either had a renter pay or you paid $50,400. In this example after 3 years,you'd have a net profit of about $6 to 7,000.

And people get excited about this way of ma.king money!?

It's amazing! We believe there's a simpler way...

What if you could take the same idea on a smaller scale and start a business for a few hundred bucks, gain many of the same type of benefits and have the chance to make mo.ney within 30,60, 90 or 180 days?

Using round numbers, lets say you started a business for $1,000. Lets say you didn't use your own money, you used a concept called other people's money. Whether it's a credit card or loan froma friend, secured loan, money from a garage sale, whatever...

Let's say you used a credit card or small loan - even from a Fast Cash Loan company. Let's say the $1,000 had to be paid back within 12 months. Simple math says that's under $100 per month right?

Now, if you're real expense (because of this technique) was only equivalent to about $89 per month; if you actually made$90 per month you'd be CASH FLOWING your business.

Now of course the key is to find a business that gives youthe opportunity to do that in a BIGGER WAY. If you're like most people, if you're only making $1, or $10 extra per month in your business, it gets frustrating.

Of course you're going to be more excited to really build something if your CASH FLOW is 10, 15, 20, even up to50 or 100 times what your expense is...

Opportunites are out there to give you a chance to do it.

In fact, we've created a program for where we GUARANTEE you'll make MONEY in 6 months or less.

Feel free to visit our website at http://www.globalcashflownetwork.com
or contact our office right away and get your FREEConsultation: 1-800-719-8268.

Cash Flow is KING! Isn't it time to start building yours?

You've read stories. Heard stories; even seen the stories.

It's time you CREATE YOUR STORY!

Get the details about our RISK FREE PROGRAM: 1-800-719-8268.

We look forward to helping your reach your goals!

Success and Greatness,


The Global Cash Flow Network Team
http://www.globalcashflownetwork.com
1-800-719-8268