Traditional business does not allow us to create whats known as Royalty Income. Royalty Income does not depend on you trading time for money. It is created by the synergistic effort of many people working for a common cause. When the time runs out in the corporate structure, so does the money.
To build a team that flows down the river to Royalty Income, you want to find a few people of character to work with, and duplicate the process. People who have hunger, and who are moving in the directions of their dreams. You need to find out what their hunger level is, the distance between where they are now, and where they are going to achieve their dreams.
Look at your your prospects dream list together. Get the imagination flowing. What they would do if they won the the Lotto Jackpot. You need a list of everything they feel important about to be prosperous and successful. If being debt free isn’t high on the list for them, you may want to re examine that.
You may talk about cars, toys, travel and trips, but spend some real time on the importance of compounding their assets verses compounding debt through interest paid to credit card companies and the banks. You want income building while you sleep, not ever increasing debt. To be sure, you want to go over the idea of having a five thousand dollar monthly residual income is like having a million dollars earning interest in the bank!
You can gauge the desire and hunger in a person by listening to them intently. If their dreams are focused on things that may not support true prosperity, you may want to recommend they study personal growth strategies awhile, so they can grow into someone who is capable to attract the best life has to offer, to Own their Life!
Paul W. Murphy
Coach and Mentor, Online Marketer