Andy Albright.  Success, Leadership, Motivation

Archive for the ‘ROI’ Category

 

If you want out of the rat race, you have to create residual or passive income. What you will quickly learn about rat race income (i.e. a job), is that it’s very important to have it, and keep it, until you don’t need it.

Some people think that residual income is more important so they let their rat race, or job income go too soon. They fail to continue on their rat race or job income, then they get upside down and they realize that they are in a terrible position. Therefore, you must realize that rat race income is important.

What other kind of incomes are there? Residual income or passive income. If you’re trying to get out of the rat race income, you don’t want to go with the least effective passive income. If you’re trying to get out of the rat race income, you hope that you’re putting your money into the most aggressive, the smartest, the most residual, the highest ROI residual income that you can get into.

Some people make the mistake of trying to put money in a savings account because they realize that it’s one type of passive income that they can create. Let me tell you, it’s nothing like the passive or residual income of having an organization that produces $400,000 in premium every single month. That is true residual, that is true passive, that is the machine with wings, that is the machine that can fly. That is the residual income that not only gets to the point where you’re making 150,000 a year, 600,000 a year, but it maintains itself and can even go up given the proper motivation and stimulation that you can put into
that organization.

So, what is most important?

It depends on the timing of the situation. You need someone to help you determine the timing of putting money into residual income or putting time and effort into cash flow/rat race/job income.

Build your residual income machine with NAA: www.NAALeads.com.

Andy Albright
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Posted September 22nd, 2009 by Andy Albright
Categories: Passive Income, ROI, Residual Income
Comments: 7 Comments »

 

 

In some companies they say ‘drive depth’. They say ‘depth is security’.

Here is the more traditional comment. “You need to network with the right people”.

The deal is they are both the same comment. The key to building a business is networking or driving depth with the correct directions. For this article depth will be the term used from here on out. The depth levels you drive down in need to be done with purpose and direction. The quality of your driving will determine the effectiveness of your efforts. Just like in driving to a vacation destination, if you make all the right turns you will get there faster, safer and cheaper. You get a quicker ROI and much better ROI for your family because you arrive at the destination quicker and start to enjoy your investment of time.

Here I want to start to provide improved decision making skills & directions for more effective driving depth. As always your ability to ask questions is the key to evaluating turns you make. To learn better question skills I suggest BOOK: The Aladdin Factor, by Jack Canfield & Mark Victor Hansen. The next step is to learn to keep you antenna up and looking for opportunity and know what you are looking for. It is NEVER a mistake to look for the sharpest 3 people one contact knows. An example is if you know an attorney, the question needs to eventually be; who is the sharpest attorney you know? If he gives you someone, then you know a sharper attorney according to his or her criteria. So the key is to ask the right questions of the person you are dealing with. Another example is if you are…

Posted August 25th, 2009 by Andy Albright
Categories: Decision Making Skills, Networking, ROI, Width and Depth
Comments: 2 Comments »

 

 

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