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The multiplying effect. How can you incorporate the multiplying effect into your lifestyle? How will you use it to accomplish your goals.
When you’re young, you are most likely hoping you’ll find a job that will give you a salary that’s $100,000 a year. But in the grand scope of things, would that be enough for you to survive on during your lifetime?
Let’s say you work 30 years with a salary of $100,000 a year. That’s only $3 million dollars.
Do you like that idea that you will make only $3 million dollars your entire professional career? That doesn’t even include taxes and your living expenses. What about a family?
If you could value your life in dollar signs, how much would it be worth?
When you make a defined number that you are happy to make in your professional career, that’s when you begin your research on a business opportunity that will make you that sum. That is the core concept of the multiplying effect.
Even if you decide to be a doctor or lawyer, it’s only so much wealth you can create for yourself and your family. If you’re comfortable with that, that’s fine. But if you want great wealth, you need to think outside the box.
What can you do that will not require you to be very presence in the business operations, while still making a great profit?
The answer is to create or provide something that will be used time and time again. What are things that people will never stop needing or wanting?
When you have an answer, you have the opportunity to generate great wealth. Where can you make great wealth? In a variety of business opportunities where you can receive royalty checks.
From app developers like Flappy Bird to franchises like Chipotle, there’s great wealth to be made.
If you want to live out your dreams, do the math. The entire universe is composed of mathematical equations. If you can look at every situation as a math problem to be solved, you’re ready for success.
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