Financial Freedom

 
I have yet to meet somebody that wouldn’t want to have financial freedom. For money to not be a stress. To not be living paycheck to paycheck.
You hear “Well, money can’t buy happiness.” I disagree. I think money is a tool.
Jen Sincero, author of You are a Badass and You are a Badass at Making Money asked (paraphrased) what makes you happy?
Would having financial freedom help you achieve those things?

Giving to a single mom shelter makes me happy. In this context money, or financial freedom, would make me happy. I would have the money to give freely.
I had the chance to go to Europe in November. That, my friends, made me happy. Traveling, meeting new people, sharing my essential oils, seeing other countries, all makes me happy. Financial freedom makes traveling possible.

As preppers, I feel financial freedom AND multiple income streams are both important. I think they are one in the same, but take time to acquire and build.

We started network marketing 10 years ago. I wanted something to do from home and it also had to fit well into my purpose here on Mama Kautz. I chose essential oils because I knew they would fit well with our emergency preparedness plan. I have not missed a check in 10 years. It is supplemental, but it is income. Even during that time that will not be named I made income.

When we first started I thought supplemental income.  Our goal is to be financially free and The Principal to not have a traditional job by January of 2029. Even if it take 5 more years we won’t be of normal retirement age.
With financial freedom comes time freedom. The Principal will be free to pursue his income producing interests and not have to punch a clock or answer to somebody else. Hence another income stream.

There may be some naysayers reading this and that’s okay. Network marketing is not for those who don’t want to work their achievements. Don’t pick just any network marketing company as they are not all the same.

Check out their Pay Structure

Are there multiple ways you can earn money?
How do you get paid?
What is the percentage of commissions?
Do you get paid more on those directly under you or those further out?

Do you need to keep stock on hand?

Is there a minimum of stock you are required to have on hand?
If so, how much is it? Will it eat all of your profits?

Do you have to deliver product?

I personally don’t like the concept of hand delivering products every month. It’s time consuming and eats into my bottom line. With our essential oils the customer has the products shipped directly to them.

Is the product consumable?

Your real residual income, (residual meaning income you don’t have to recreate every month) comes from consumable products and repeat buyers.

What is their retention rate?

This goes with the repeat buyers. Our retention rate is around 60%, meaning 60% of our customers buy at least every 3 months. If you have a product that isn’t good quality or consumable that percentage drops drastically.

But, it’s a Pyramid Scheme

Pyramid schemes are where the company sells 50% of their products to their distributors or reps. Legitimate network marketing companies 50% of their products are sold to customers.

My advice to you is do your research and do something you are passionate about. Also, it won’t be easy, but it will be worth it. If essential oils are something that resonates with you, I would be happy to share my experience with you. Shoot me an email or check out my Work with Me page.

 

https://i0.wp.com/mamakautz.com/wp-content/uploads/2016/03/IMG_0315-1.png?fit=1024%2C574&ssl=1https://i0.wp.com/mamakautz.com/wp-content/uploads/2016/03/IMG_0315-1.png?resize=150%2C150&ssl=1Mama KautzPreppingfinancial freedom,network marketingFinancial Freedom   I have yet to meet somebody that wouldn't want to have financial freedom. For money to not be a stress. To not be living paycheck to paycheck. You hear 'Well, money can't buy happiness.' I disagree. I think money is a tool. Jen Sincero, author of You are a Badass...