| For a long time I was reluctant to invest in a | | | | cash flow. I was convinced that I could make 4 |
| business that marketed a high ticket product or | | | | or 5 sales per month with the business I wanted |
| service because I didn't have the money to | | | | to start and would be making a minimum of |
| invest. Even though I was convinced that if I was | | | | $1,000 on each sale. But even if I only made one |
| coachable and trainable and seriously worked the | | | | sale per month I'd have a positive cash flow.I am |
| business I could generate a few thousand dollars | | | | a home owner, but if I didn't have the money to |
| in the first thirty days, I kept putting off joining | | | | buy a home, I would not live on the street. I'd |
| the business opportunity until I had the money up | | | | rent a place that I could afford. Why wait until |
| front to invest. So I kept fooling around with MLM | | | | you have the money to invest in a business that |
| opportunities that marketed great products but | | | | you are convinced will generate a serious |
| never making more than a few hundred dollars. | | | | secondary income? Why not find someone who |
| But finally the light came on for me about OPM | | | | will rent the money to you? That could be a small |
| (other people's money) and positive cash flow.If | | | | business loan, home equity line of credit, credit |
| Donald Trump wanted to buy a business that he | | | | card line of credit, or even a friend. If I hadn't had |
| knew would generate him a serious positive cash | | | | access to a line of credit, I'm sure that I could |
| flow, he wouldn't use his own money. He would | | | | have found a friend who would have loaned me |
| borrow the money from investors who were | | | | $5,000 if I had promised to pay them $50 a |
| satisfied with a guaranteed fixed rate of return | | | | month until I repaid the $5,000. That's 12% APR. |
| on their money, and Trump would keep his own | | | | Or I could have found five people who were |
| money invested. I realized that if I borrowed | | | | willing to loan me $1,000 for a return of 12% |
| $5,000 from my credit card even at 18%, it | | | | APR.Any legitimate business will have some up |
| would cost me $75 per month in interest to use | | | | front start up costs as well as regular monthly |
| that money. Actually I talked one of my credit | | | | expenses such as advertising. Why not figure the |
| card companies to give me a cash advance @ | | | | "rent" on your start up costs into your monthly |
| 4.99% for the life of the loan. So the monthly | | | | business expense budget? If you can generate |
| finance charge would be about $21. If I wasn't | | | | more than that amount each month from the |
| carrying a balance from any other purchases on | | | | business you want to start, you'll have a positive |
| that card, the minimum payment would be $100. | | | | cash flow in the first month. Go for it!Tim Henry |
| So whether I considered the monthly service | | | | is a Director with Coastal Vacations Club. Learn |
| charge or even the monthly minimum payment, all | | | | how to vacation for pennies on the dollar for life. |
| I needed to generate from my business in the | | | | And earn $1,000 or more without selling a thing. |
| first month was $101, and I would have a positive | | | | |