"The more specific and measurable your goal, the more quickly you will be able to identify, locate, create, and implement the use of the necessary resources for its achievement." -Charles J. Givens
Most people that join our business have goals of financial independence. They want their passive income to exceed their living expenses so they have more free time.
Problem 1: The problem is that most people don't know the state of their financial health.
In order to set goals, we must know where we are at now. This requires a basic understanding of our financial statement.
Looking at network marketing as developing an asset, instead of a job.
"If you fail to plan, you plan to fail."
If I could give myself before I started creating passive income, is to be clear on your goals and track your progress through making a personal financial statement.
Without one, you can't tell how far or close you are to your goals. You can't tell if you have to make changes or tell if the changes you implemented are working.
It's like playing a sport. Without a scoreboard, you can't tell who's winning.
The Bible also gives us wisdom in Proverbs.
Know well the condition of your flocks,
and give attention to your herds,
for riches do not last forever;
and does a crown endure to all generations?
When the grass is gone and the new growth appears
and the vegetation of the mountains is gathered,
the lambs will provide your clothing,
and the goats the price of a field.
There will be enough goats' milk for your food,
for the food of your household
and maintenance for your girls.-Proverbs 27:23-27
