Websites 4 Small Business Newsletter
15 June 2006

Income for Life Secrets
by Joshua Shafran of Coaching to Profits

Most people dream about having Income for Life but few ever 
realize that getting to that level is an exact process. 
Let me explain.

We all want and need three different types of income:

1. Income Today. We need a method that produces income right now 
(not next week, next month or next year... today) so we can 
Survive day to day. We've got to have the peace of mind of 
knowing that we've got our personal survival needs like eating 
and paying bills covered. And if we want business wealth we need 
to have an income today source big enough to provide for our 
future business survival too because when you're launching a new 
business model the key is to fund the business as much as 
possible out of cash flow of that business. That's Income Today.  

2. Income Tomorrow. Once we have our survival needs covered with 
enough Income Today money, we need an Income Tomorrow type income 
source to provide us with Security and Stability. This is where 
you start to breathe again and get your first taste of real money 
and maybe for the first time YOU'LL be firmly in control of your 
life. Here you discover total peace of mind and the confidence of 
knowing that you aren't worrying about where your next meal is 
coming from or how you will be able to cover unexpected expenses.

3. Income For Life. This is the final, ultimate level where you 
get true lifelong wealth and prosperity. Here you discover how to 
turn any business into an asset that provides wealth you can 
leave to your children. This type of income also makes you money 
no matter what you are personally doing with your time (even if 
you're on lifetime retirement/vacation, lounging around in a 
hammock and sipping exotic drinks from a coconut). Everyone 
dreams about reaching this level, but few ever do because either 
they get seduced by the second type of income (see, Income 
Tomorrow can make you rich but not truly free, wealthy and 
prosperous... there are many successful people who make great 
money but are still slaves to their business and lifestyle 
because if they stop running on that gerbil wheel, their income 
stops instantly too)... or else they never figure out how to get 
past the survival part of the process.

Pretty basic, right? But heres where I think a lot of people get 
lost in the process:

Each of the 3 phases in the process must come from the previous 
one. You can't create Income for Life without first creating an 
Income Today and then transforming that into an Income Tomorrow 
and finally Income for Life. Each type of income is literally the 
stepping stone that takes you to the next one and next one. Make 
sense?

A lot of the educational programs that I've purchased myself and 
a lot of the ones that are still being currently sold today, 
seems like only focuses on one end of the spectrum or the other. 
Either they teaching you how to make money today or show you the 
dream of creating a residual income.

But they don't show you exactly how to bridge the gap in between.

Regardless if its making money in real estate, or the Internet, 
or in Network Marketing, or flipping discounted mortgages, or 
eBay, or placing small classified ads, or water filters, or niche 
marketing for information products, or vitamins, or a house 
cleaning/blind cleaning system, or making money selling used 
cars... you name it... whatever it is that the money making 
system is geared around in the system, they're usually talking 
about one end of the spectrum or the other.

If I had to guess, its probably a fairly safe assumption that 
this is not the beginning of your search for financial freedom. 
Maybe you've spent tens of thousands of dollars and years of your 
life, just like I did, trying everything you could find with 
little or nothing to show for it either. See, heres the cold, 
harsh reality I woke up to that turned things around for me: All 
the money making deals I tried had one fatal flaw which means 
that no matter how good they are otherwise, they set you up to 
lose.

The Fatal Flaw In Every Money Making Plan I've Ever Seen (Even 
The Legit Ones) -- Yet So Cleverly Hidden You'd Never Know The 
Real Reason Its Not Working For You:

First, before you'll understand this fatal flaw, I need to let 
you in on the truth about getting rich. Ready? The truth simply 
is: Making money is just a skill.

And, just like any skill (like walking, talking or reading) that 
you have mastered, even though you do it automatically --now-- 
without giving it the slightest conscious thought, it was not 
always that way. There is a very specific process you go through 
in mastering any skill. A process is a series of actions, each 
one depending on the action before it to combine together to 
produce a specific result.

Take walking.

Today, it’s probably as natural and automatic to you as 
breathing, right? Yet, as a baby, you learned to walk through a 
very specific process. Everyone who now walks went through almost 
the exact same process. It starts with the process of first 
learning to crawl, right?

Check out any baby and you'll see it starts with a kind of 
rocking motion as she pushes her chest and head up... followed 
quickly by discovering she can pull her knees under her. Then she 
starts kind of bouncing and pushing. Then the little light bulb 
goes off in her head when some of that bouncing, rockets her 
forward. Suddenly she figures out how to coordinate her bounces 
and her crawl is born.

Now that she’s mastered crawling, she’s ready to graduate to the 
next level: the process of learning to walk is within her reach. 
And, just like crawling, there is specific process she will go 
through to go from crawling to walking (first pulling herself up 
using anything handy, then the squat stand without any help, then 
the first wobbly step and the plunk down, etc.). Now the fun 
begins (and you'd better buy yourself a new pair of track shoes 
to keep up with her as she’s off and running EVERYWHERE)!

Crawl... Walk... Run... is always the process of mastering 
anything (and each major piece of the process can always be 
broken down into smaller pieces). Each step in the process leads 
to the next step. You cannot skip crawling and go straight to 
walking or running. The crawling process comes FIRST (all success 
starts there).

In fact, the ONLY reason you are not flooded with all the money 
you can handle right this very second is because you haven't yet 
mastered the skill, the crawl/walk/run process of how. And, more 
than likely, you've been tricked by the smoke and mirrors of 
trying to walk or run without first being taught the process of 
how to crawl. Really.

So, in the Income For Life section of CoachingToProfits, I'm 
going to share with you my simple business development process 
that you can adapt and apply to ANY business or industry you say, 
want or choose that takes you in a methodical fashion from 
wherever you are right now to reach your ultimate goal of Income 
For Life in that business.

As we talked about there are three main phases of the Income For 
Life philosophy: Income Today, Income Tomorrow, and Income For 
Life --- think of them as crawling, walking and running.

__________________________________________________________________________

Coaching to Profits is dedicated to teaching entrepreneurs how 
to reach business success through a series of easy to follow 
steps and hands on support.  Learn how to crawl, walk and run in 
the on-line business world.  Find out more: www.businesssuccess101.com

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