Thursday, August 4, 2011

Learning Something New

Someone once said you learn something new every day.  I went to a networking event recently and learned something I wished I had learned years ago especially before I got laid-off.  I was talking to a young lady who had recently finished her MBA, she said wanted to share with me the most important thing she had learned as a MBA student.


Her profound moment came when a professor was lecturing and made the statement the most important thing you can do to protect yourself financially is to have multiple streams of income.  She was a single mom raising a teenage daughter and the message really struck a chord with her.  She made a decision to start her own business.  Her primary focus was still her corporate career, but she was investing a little time each week in her own business.

I thought in awe, I wish someone had told me this years ago and I would have been smart enough to listen.  How much better would I be financially, if instead of focusing myself 110% in my corporate career, I had invested that extra 10% in my own business.

Fast forward a couple of weeks, I get a text message from a great friend -FYI I am seriously considering becoming a 31 consultant.  Follow up by are you surprised?  My answer - Yes and No.  No you love the product and I think you would be awesome.  Yes, you are so busy I am really surprised that you want to take on anything else.  I really want to know your why.

After having lunch and discussing the opportunity, it came down to being at least partially in control of her own financial destiny. The conversation from a few weeks earlier came back, the best way to protect yourself financially is to have multiple streams of income.


Wow, I am truly blessed to have an avenue that I can help her do just that for a minimal investment.  If she choose to pursue 31, she can work a few hours a week and do a party a month to build a customer base or she can invest a lot more.  It is hard to put in words the ability to be able to share with others the opportunity to start that extra stream of income for themselves.

From now on when I do parties, I am going to plant that recruiting seed to help others think about starting that second stream on income or maybe it is a primary - it is for me.  ~Sylvia   

 

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