Retire Before 25

If you’re like most young entrepreneurs, if you’re like me, you’ve chased some people around before. You like what you have to offer and you believe in working for yourself, so naturally you want others, especially family and friends to feel the same way.

Well, stop.

Amateurs “sell”, Pros “sort”. Amateurs try and convince people of why they ought to purchase their products, invest in their company or start up with them, while professionals walk right by.

Why do pros sort? Sorting is much easier than selling. I don’t have to convince anyone of anything. I simply share the information with them if they’re “open for more information”. Practice that phrase, “Are you open for more information?” If they are, give them some, not too much but just enough to satisfy them. If they aren’t interested, Rejoice! You’re one person closer to someone who is interested. Move on and stop bugging the same people time and time again.

Some of you know exactly what I’m talking about, you’ve stalked people around like Godzilla, you’re the person they pretend not to be home for! Knock it off! Most of the people you’re trying to convince to do something wouldn’t be any good as an entrepreneur (or they wouldn’t enjoy your product) anyway. So leave them alone and start looking for people who are interested.

The reality is, out there, somewhere, there is someone who is looking for exactly what you have to offer. Your job is to find them and give them more information. That is, if they are open for more information.

Marketing is a numbers game. Expose as many people as possible to your business and sooner or later someone will be interested – it’s the law of averages and it works, every time. It’s all a matter of “sooner or later”. Just keep going, keep working, keep promoting and keep believing.

Everyone has a number. This is not a magic number but a very practical number. You see, everyone has an exact number of people that they need to talk to in order to reach their income goals. For you it may be 1,000 people, for some it may be 1,000,000. It all depends on how big you dream and… chance. Yep, dumb luck. No one knows what their number is until after the fact. So keep count and let me know what your number is once you’ve achieved your dreams.

Looking for a network of young entrepreneurs to link up with? You can start your very own company for just $99. So shoot me an email if you’re… open for more information. cody@retirebefore25.com

Cheers,
Cody

Part 1: Basic Principles

What is Residual Income? Residual Income is income that continues to come in month after month, year after year, even decade after decade in certain circumstances, whether you work or not.

How is it possible? Residual Income works in business models where the customer “subscribes” to or “enrolls” in a product or program on a weekly, monthly or annual basis. (Example: Cable TV, Magazines, Lawn Service, Health Insurance, Electricity, Cell Phone Service, etc.) The customer enjoys these services on a “subscription” basis and someone is getting paid for it.

How Can I Get Some? You can get a type of residual income any number of different ways. The key is that you need some sort of service or product to offer the consumer. This product or service needs to be something that the consumer truly “needs” or greatly desires every single month / year. It needs to be of value to the consumer and it needs to be priced competitively.

The best way (in my opinion) to get started on your way to residual income is to find an established company with necessary and/or otherwise useful products for you to market. This way you don’t need to maintain anything, you’ll simply take your “cut” for having marketed the product. The third party vendors are the ones who will be responsible for rendering services / sending products to the consumer, etc. This is what is known as a residual commission. You do the work one time and the corporation or company will pay you residually. (Read: Indefinitely, until the customer cancels the service / subscription.)

Part 2: Leverage

Now that you understand the basics let’s get into some of the deeper concepts regarding the power of Residual Commissions.

I was working on my car the other day, I needed to change some brake pads. To do this I had to remove my wheels, which meant unscrewing the lug nuts. The thing about lug nuts is – they’re on there pretty tight. (And for good reason, these are the things that keep your wheels from just falling off while you drive!)

This would have been a tough task with a standard ratchet – as a matter of fact I attempted it with a regular old ratchet and it hardly worked. So, I went out to Autozone and grabbed myself what’s known as a “breaker bar”. A breaker bar is nothing fancy; it is a long bar with a tip like that of a ratchet on the end. You can attach whatever socket you need and simply go to work.

With the breaker bar I was able to remove the wheels in no time. It took minimal effort on my part and after everything was done I was able to safely and efficiently tighten everything back up. (So my wheels won’t fall as I drive away – as mentioned earlier.)

Please do not miss this point – leverage makes things easier. Network Marketing employs leverage within its business structure. How many products do you think you can market every month? 1? 3? 10? With Network Marketing you don’t need to market hundreds of products personally to see results. You market a few and then you find other people to market a few and they find a few to market a few and soon enough the few become the many and soon enough you have a substantial residual income flowing into your bank account every single week, month and year.

For more specifics I’d encourage you to contact me directly via email or phone. I would love to spend some time with you discussing these principles.

Cheers,
Cody Miller
214-682-5331
cody@retirebefore25.com

As you may know, my (soon-to-be) wife and I are Christians. We also feel called to full-time ministry, possibly working overseas teaching English or maybe even translating the Bible into some obscure language. We don’t really know. But what we do know is that we are called to GO and we need to start fundraising now so that we can be a part of whatever God wants us to do in the future.

This is one of the biggest reasons why I’m working a full-time job at the church and working my personal business as an entrepreneur an additional 20 hours a week on the side.

While owning your own business isn’t right for everyone, it can be a powerful fundraising tool. The type of income you will generate with our company will continue to pay you every single month, even if you’re overseas somewhere in a tiny hut or jungle.

There is no required cost to stay in business, either, which is another thing we like about being in business for ourselves. We have some monthly expenses now that are related to our business (like websites) but as soon as we find ourselves overseas we can eliminate those expenses and simply enjoy God’s work without being financially stressed.

Lastly, (this is seriously one of my favorite things) we have one product in particular (electricity service) that is FREE to sign-up for and saves people money. So if our friends and family can’t afford a “donation” every month to support our efforts we can ask them to see how much they’re paying for electricity. If our service is cheaper (which it usually is) they may be willing to switch to our company and support us in this way. They save and we get funded! Does it get any better than that?

If you’re interested in fundraising for Christian missions work then give us a c all at: 214.682.5331 or ask how you can support our work by switching your electricity service to us. It is 100% FREE and will usually save you quite abit of money. (We don’t want you to switch to us if it ends up costing you more.)

Cheers,
Cody Miller
214.682.5331
cody@retirebefore25.com

Contrary to popular belief, success is not measured in dollars signs. As far as I am concerned you can be making more money than Bill Gates and still remain unsuccessful as an entrepreneur. What am I talking about? I’m glad you asked. You see, some people are so interested in money, money, money that they miss the entire point. The point of success as an entrepreneur is freedom. Period.

If you’re trying to become an entrepreneur to show the world how “successful” you can be, then I am sorry friend but you’ll never be truly successful in life. In the words of John Candy from the movie “Cool Runnings”, “the thing about an Olympic gold medal is… if you’re not enough without it, then you’ll never be enough with it.”

Money doesn’t make people successful – successful people make money. Success is a mind-set, a worldview, an outlook on life. Success is that part of you that always wants to believe that the glass is, indeed, half-full. It is belief in yourself and others.

So, What are the Qualities of a Young Successful Entrepreneur?

• Determination – Never quit but be willing to readjust to changing circumstances.
• Vision – Maintain long-term goals and dreams for you and your family.
• Perseverance – When the going gets tough, the tough get going.
• Humility – Develop the attitude of a servant.
• Activity – “Faith without works is dead.” Put some action behind your ambitions.

For continued reading I highly recommend the book, “The Seven Habits of Highly Successful People” by Stephen Covey. For more information on me and my business you may contact me using the information below.

Cody Miller
214-682-5331
cody@retirebefore25.com

For anyone wanting to get involved in any type of investing I highly recommend Dave Ramsey’s book, “The Total Money Makeover”. Though he says that this book is by no means an intensive guide on investing, it does give you a great outlook on money and investments altogether.

I think entrepreneurship is one of the greatest investments you will ever make for you and your family and that’s exactly what it is – an investment. Being an entrepreneur means you are building something, usually from the ground up. It will involve great sacrifice in the beginning, yet it will yield unheard of returns in the years to come.

When you become an entrepreneur you allow your money to move with you. For most people their money is tied up at their job. If they ever get sick, move away or get tired of coming in every day, they will have to forfeit that money.

When you are self-employed you award your family unheard of flexibility and freedom.

So why isn’t everyone self-employed? Being an entrepreneur is great but it isn’t right for everyone. It takes a certain “drive” and “desire” that not everyone possesses. Some people are happy where they are, or maybe they’re unhappy but still unwilling to do anything about it. For these people being an employee is OK. For others, like myself, being an employee is not wretched or awful, but it isn’t what I want for the rest of my life.

Are you ready to make an investment in your future? It doesn’t matter how old you are, now is the time to get started. Call or email me today.

Cody Miller
214-682-5331
cody@retirebefore25.com