I’ve just finished my accounts for the last few months and sent them over to my accountant.
I’m not really into money for its own sake but when I took the
time to study the numbers I was pleasantly surprised to discover
That my SFM business now provides with me with enough residual income to pay our mortgage, council tax and my monthly SFM membership fees (although the last one has been covered since not long after I joined and started building the business)
(If you’re not from the UK by the way, council tax is a
local government tax)
That’s income generated on autopilot every month and it grows every month.
That’s aside from any new sales I make which have recently amounted to between $2000 - $9200 per month on top.
I have several other online and offline income streams too but those
are almost a by product of my interests and passions. Might as well monetise them when you know how!
Not bad for a guy who is by my own admission quite lazy and who is not doing a lot of paid advertising.
When I say lazy - I mean that at the age of 51 after 30 years of grafting hard for employers who in the end made me redundant, I’ve had enough of the traditional idea of
work.
I got into the online business world and particularly SFM and DEA because I wanted more time to spend taking photographs, reading books, walking in the countryside and by the coast, enjoying life with my partner.
I work now in concentrated bursts and seldom more than 2-3 hours per day, 4 days per week.
I’m about to
scale up with paid advertising, not just because with the SFM and DEA model it means I’ll be able to generate much more money - The company’s top earners are making as much as $100K per month
But because that money will enable my partner to cut her business hours from 24 per week to zero - if she wants to. She loves what she does but wants to do other, more creative things.
Most businesses run on the feast or famine principle: One month you do well but the next month or several months not so well. The feast tides you over the famine.
With an online business however, and particularly the way SFM and DEA have structured their model, you can start building a
residual income from the start.
In effect you’re building a basic salary into the business while the bigger sales come in and can be part invested in paying someone else to the things you don’t want to, or cant be bothered with.
As Robert Kiyosaki, Jim Rohn, Ray Higdon, Warren Buffet, Stuart Ross, Jay Kubassek and many others will tell you, residual income streams are
a key component of a successful business and a great lifestyle.
The SFM and DEA platform provides several residual income streams and this year are increasing those manyfold.
With consistent learning, consistent application - even just a couple of hours per day - and by working smart, the feast and famine thing becomes a thing of the
past.
Isn’t it time you started doing this?
Cheers!