Two Case Studies On Why People Cannot Save Money In The Philiipines

October 10, 2011 by  
Filed under Case Studies, The Philippines

A few days ago I sent an email out about why we need to look at earning extra income.
Here you will find two case studies to read through. Its worth the effort to read this email extract to my mailing list.
In my last email I mentioned why we may need more money. Here are some reasons:
  • Having more time for family, or
  • saving for a holiday, or
  • Paying some bill off or Saving for retirement.

Whatever the reasons you may have, I may have a solution but first I want to share with you why you are finding it so hard to get ahead in life today.

Here are two examples….

Case Study-1: Imagine you are in the work force for just 4 years!

You are earning 15,000 Php right now. After SSS and other deductions you will be left with probably 13,000 P.

Right!

So where does this money go…

  • Rent        p3000 for boarding house
  • Food        P 4000
  • Transport    p3000 for jeepmei
  • Internet/ Load    p1000
  • Water/Electricity    p1000

This totals to p 12,000p LEAVING you with just p1000 for

Toileteries, clothes, medicine, movies, presents, etc!

Is this enough!!!!! Do you get the picture why so many people go overseas now to work.

Case Study-2: ( Senior Manager Income)

Now Imagine

You are a middle manager earning p45,000 a month.

My question is are you saving p10,000 to 15,000 php a month in savings.

If you are, GOOD!

But here is the problem.

Lets see what your savings will be in TIME…

  • If you are 30 years old right now and saving p10,000
  • In 12 months it will grow to (by p10,000 by 12) p120,000 and
  • You are now 31 years old.

After 10 Years you will be 41 Years old and your savings will be

  • now p 120,000 times 10 = P 1.2 Million

Can you buy a house with this?  No No!

In another 10 years you will be 51 years old and

  • your savings will be now p 2.4 Million Pesos.

So even at 51 years old you cannot pay for your condo.

Is there a solution to this problem?

YES! There is. Our company is looking for people to help market our products in the Philippines and overseas using online and offline methods. We will teach you how.

But first,

You will need to swallow your pride and learn 21 st Century ways to earn faster.

Are you teachable!!!

PSS: Now if you are still not interested in changing your life please unsubscribe right now. You will find the link below. You will never ever get an email from me again, promise.

But if you are still reading then wait for my next email as I will send you some exciting information why change is important if you want to change the way you are living today.

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The Essential Filipino… Whats your dream?

June 27, 2011 by  
Filed under Network Marketng

learn to change your destiny

Hi

I just read a story entitled “ The Essential Filipino” Discovering Dreams.

I’ll paraphrase it for you to keep it short.

A journalist was sent to write this story on the essential Filipino. After spending 3 days walking around the city of manila he was depressed because he thought that he would need much more time. After getting an extension of just one more day he went to the market places on Singalong, while there he saw a small boy selling fish balls from a cart, his shirt was torn and he had bare feet.

There was noise and kayos all around the boy was not disturbed he was dancing like Michael Jackson and looked to very happy, the journalist walked up to him and as he got close he noticed ear phones and very loud music, the journalist screamed at the boy to get his attention, the boy pulled the earphones out of his ears and handed them to the journalist, putting them close to his ear he could hear the rock music blaring out and handed them back with a smile, the boy put them back in his ears. The journalist got his attention again, the boy pulled one of the earphones out, then said fish balls sir, want to buy?

The journalist said nice earphones, huh?

The boy handed him the MP3 player, he looked at it and said nice, where did you get this? It is first class and very expensive, they don’t match your air-conditioned shirt.

I saved my income from selling fish balls for a whole year, nice huh?

Why don’t you buy a shirt or some shoes?

No need, not important, clothes don’t make me happy, just music.

You mean to tell me you kill yourself for a year just for these?

Yes sir, why not? What would you buy? What’s your dream? Me this is my dream, but now it’s real. I don’t need shirts and shoes, just a dream of dancing. So what’s your dream?

He thought for a while, well I dream about getting this story done, no that’s not a dream, well I guess I don’t really have one the journalist said.

That’s too bad, you must be very sad, the boy said. I know buy an MP3 player.

But that’s not my dream, said the journalist.

So what is your dream. There must be something that you really, really, want?

I’ve been working so hard for so long, all I do is work, work, work, I forget what I really dream of.

The boy said, I also work, work, work, you must find a dream and go for it.

The journalist realised that the essential Filipino, wasn’t about stuff and lifestyle, just a dream, a free spirit not to have to do, but just be…

So what’s your dream? How are you being in the world? Are you a free spirit or have you been caught up in life and left your dream behind?

I think the most important point to come out of this story is to go back in time to a place long ago and rediscover what our dreams really are. As I go though my days talking to people about better health, or starting their own home based business or changing other people’s lives, I find that people have forgotten the dreams that they once had just like the journalist, and it takes some, a very long time to come up with just a small dream they once had, let alone a big dream.

So the question remains… WHAT”S YOUR DREAM?

Maybe it was to have an income from home, or better health, or more free time with you family and friends, or to help others, if so talk to me I can help you with those, If not, then what?

If you don’t know what it is you’ll never get it. Bring it to mind and give it life again.

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How to build work from home opportunities successfully

 


Happy moments!

Originally uploaded by Claude Fullinfaw

Here is an overview of my trips building in overseas markets my Network Marketing Business.

These are notes I created on the topics I shared with my team in Brisbane this week.

Getting started in Manila…
I landed in Manila in Feb of 2010 and immediately found an apartment near my company’s head office in Makati. I soon get involved in social groups and immersed myself into the gym and local church with the intention of getting to know the community around me in Manila so that I could build a network of friends.

This was useful advice I had received in July of 2010 from my general manager in Sydney on how to create bigger business. She mentioned we needed to establish friendships and create networks if we wanted to succeed in what we plan to do.

At that time I could not make sense of what she was saying as I wanted to build fast and make money quick.

This is my advice, there is no easy road to success and success is no ATM machine.

Progress comes at a price and there are many toll stations along the way on the road to success. Building relationships is one such toll you must pay.

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The “Why” and “How” on how to build a home based business

May 3, 2011 by  
Filed under Business Building Tips

Today I am going to share with you some concepts that will help you in your home based business.

Here is an interesting way to explain how people look at money.

For example wealthy people, income is what is left over from their investments less tidings to God. This would be what they would con sir as expenses. Anything they spend on themselves they would classify as an expense. Simply because it does not generate income.

Now income earners look at money in a totally different light. For this major group of people money saved is basically income less expenses.

How to build a solid home base business.

In the business of network marketing, a good business should start with a sound inventory. For example a restaurant in it’s conception would have what would go into it. These would include tables, chairs, stoves,crockery and cutlery, signage, menus, etc.

Similarly in a network marketing business we should look at two separate aspects of the business, the WHY and the HOW!

We will talk about these two important aspects in a short while in another post but for now I want to emphasis the importance of Prospecting. Here a novice business owner must start off by getting their inventory done. It’s called a prospect list.

A good prospect list will have at least 100 names to start off with. From this list we will narrow down our numbers by categorizing the people and selling the ones who have the following: money, skills, belong to networks, may have a belief in the product line you are marketing, are entrepreneurs, etc.

Now to touch on the subject of why and how! Being successful in any business one must have a strong why. The “why” you are doing this business must be strong t the point it hurts. In other words if the fruits of the business is never accomplished you will regret it as long as you live.

The “why” will be based on dreams you have for your life, family and your career. These dreams must be fueled by a vision of you achieving these dreams. The vision must be precise, sharp and clear and have a time frame fixed to it. You just don’t want to be dreaming forever.

Once you have this dream harnessed to a vision you need a vehicle to take you to where you want to go. This vehicle we will call it your business, your home based business. The business you accept must be solid and profitable. We will go into that in a later article here.

Let’s talk about the “how” a bit here now. Under this section we can discuss the skill sets you need to become a success in multilevel marketing.

Do you know that success lies in only 20% skills sets. The balance 80% is what we discussed earlier on in your why. As long as you are open minded, eager to learn, are a good reader, and will attend all trainings and seminars, you can be moulded into a good business person by a seasoned mentor.

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