Wednesday, March 18, 2020

Poverty Mindset to Residual Cash Flow

Many years ago I was introduced to a concept that gave me tingles of excitement and sleepless nights!

Can you guess what that concept was?

It was the concept of exponential growth resulting in residual cash flow.

Summed up in one phrase, it was my introduction to network marketing.

The whole idea was completely new to me back in the 90's and I just couldn't imagine why everyone didn't embrace this business model. It was the most logical idea I had ever heard in my 40+ years of life. Not only that, but I wondered why no one had ever taken the time to show me this business model sooner.

You must understand a little about me and my background. I grew up with an intense poverty mindset. I was very embarrassed when I was in my teens that our family was on welfare and had to go to the county seat once a month to pick up "groceries!" The only problem was that most of what we received was not the kind of food that was part of our normal diet. Peanut butter (none of us liked peanut butter sandwiches), dried beans (which my mother never did figure out how to make so that they were palatable), powdered milk (yuck!), etc. I don't even remember if there was a single desirable food item among all of those "groceries" but I assume we must have received some useful things or my dad wouldn't have continued to go and get them.



I was 2nd oldest of 8 children so everything I owned was either passed on to me from my older sister or other relatives or friends, or was made by my mother. My most outstanding memory was the yellow and black dress she made for me that was so ugly I could hardly bear it. Yellow is not my color - never has been and never will be! When I took Home Economics class in Junior High, I began to make my own clothes so I had a few things that were new - but never store bought.

Christmas was always a disappointment as there was never enough to go around and I felt like I was always slighted on the gift end. But I tried my best to help make sure my younger siblings never felt that way.

Fortunately we had a garden and I loved gardening, as did my mother. It was a great gift to me when we had enough strawberries and/or raspberries for ourselves and to sell to our neighbors. She would let me keep half the earnings from the berries in exchange for doing the backbreaking work of picking them. I also managed to earn a small amount of spending money from babysitting, but most of it I put into a savings account to use for college. I was determined to go to college from the time I was little. And, thanks to a need-based scholarship and my good grades, I was able to graduate from the University of Wisconsin with no school debt. That in itself was miraculous!



Everything was a struggle! Can you relate? The struggle sucks, doesn't it?!

I had such a poverty mindset, that I felt completely and totally inferior to everyone around me. I buried myself in books, but was careful to only read the ones that were on at least 2 of the 3 college bound recommended reading lists I had acquired from somewhere. I was the ultimate introvert.

So you can only imagine how amazing network marketing and residual cash flow sounded to me!

But it was a struggle, too. There were years of marginal success, but I always believed and knew deep down inside that it was worth doing! Slowly but surely over the years, my mindset changed. And my actions changed until last spring, my husband and I achieved a rank in our company that was worth recognition. Much of that was due to the belief and mentoring poured into us by our good friend, sponsor and mentor, Tim Darnell. Tim has written several books including 10 Secrets for Network Marketing Success, BOMBSHELL - Recruiting on Autopilot, and Facebook Ads Authority. He has been an entrepreneur all his life and has achieved great success in network marketing. His desire is to provide a system for others to achieve success as well, without all the struggle. And his insights were critical to enabling me to get rid of the poverty mindset. 

In addition, it helped immensely that we were not willing to give up - ever!



Now more than ever in these uncertain times, RESIDUAL CASH FLOW (RCF), is priceless. It is income that continues to be added to my bank account regardless of how many hours I work in a particular week, and it is the one type of income that is there even in times of distress and calamity. It does not involve trading hours for dollars, but rather involves putting in the work (and it does take work) to receive the rewards over and over and over again.

I knew there was a reason this kept me awake at night!

P.S. If you're tired of the struggle and would like more information so that you can begin to create your own Residual Cash Flow, just click on this link. It's never too late!

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