Cash Flow Potentials

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Our Life Changing Transition

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Not Network Marketing?!? - Yes, Network Marketing

Cash Flow Potentials was founded by a group of seasoned entrepreneurs who left the corporate world to pursue lifestyle changes that would result in enhanced quality of life. Transitioning from the traditional "job in industry to home business owner, they quickly realized that there was no turning back and that their path to success was established.

The direction they originally took was a road that none of them wanted to travel. After research of trends along with their business goals, they came to the same conclusion again and again - Network Marketing. This was not something they were happy about.

Why weren't they happy about this? Because their parents were network marketers at some point and didn't like it. The 3 gentlemen, they didn't like what was going on in the corporate world either. In the corporate world, integrity and trust were diminishing and back stabbing and greed was rising.

So, with reservations, each of them started a home based business using Network Marketing opportunities as their first step. Each had their own journey and believed in the "business plans"! When it came to running their businesses, their mentors were focused on certain goals that didn't correspond with theirs and the methods they used were not the best. Quit! That was their first thought. Then came a second throught - just because their mentors ran their businesses that way didn't mean that they had to. So they spent their time understanding the business so they could do it differently.

 

Use Sound Business Concepts to Develop Home Based Businesses

They used all the experience they had used in the corporate environment and brought it to the home based business world.

Why not ask all the questions we would use to evaluate any other business relationship? Why are we not using the same evaluation process we used for a traditional business? Then all kinds of light bulbs went on. Even though each followed parallel projects to keep multiple forms of cash flow coming in, they chose to purchase a personal franchise, continue to work their way up the corporate ladder and continue with entrepreneur projects and real estate.

What kept them going?

Well, for one it would cost a lot of capital invested in real estate to make $200-$300 in monthly income and it came with a lot of risk. A home based business only costs $150-$500 to get started with a monthly cost of about $100 a month and brought in much more income than the real estate!

They learned a lot about running a business from home; like what entities to set up, how to be efficient, how to work with people and more. They also found that integrity, honesty and team work were not in many of the home based businesses.

They learned that the best place for most people to start is in a small home based business - usually either a party plan or personal franchise (network marketing) opportunity. It had a low entry cost with limited risk and you could learn a great deal with the right team!

Why would they spend $10,000 to $20,000 learning from some of the larger wealth coaches or educational systems when they didn't have the basics! Even though each had worked at high level positions in the corporate world.

Why did some people make it in network marketing, while others didn't? Just as in the real estate world there is a model that works - passion, passion, passion. They saw people who never made a dime in one business make lots of money when they found a business that matched their passion. Sure there was the personality that siad "I'm going to do this no matter what", but they were far and few between. Once someone found their passion, a team of people and mentor would show up and they had a much better chance of success. And many were successful!

Was there a pattern of success? Yes!

  • They would find their passion
  • They would gather with a great team
  • Monitor their expense and leverage
  • Skill mesh
  • Educate themselves
  • Build an entity to protect themselves and educate themselves on why

 

Five years, hundreds of thousands of dollars and a great deal of time, brought them to the following conclustions if they were to do it all again -

  • Keep their day job while building their new businesses
  • Start a home based business that matched their passion
  • Start my business as a partnership - Build a team based on skill messhing - Start a business with others that had skills that one didn't (meeting people) and the other did (organization).
  • Leverage the opportunity to make a good cash flow, reduce tax liabilities and learn as much as I could about running a business
  • Build a cash machine using one business and find others that could be leveraged along side it to make them even stronger

 

An example they used was selling wines, send cards and a pre-paid legal system - all are forms of home based businesses.

Having learned enough and have enough cash flow, they then started courses at the larger wealth building people such as Robert Kiosaki, Loral Leingmeir and Robert Allen. At that point they would have met many people along the way to listen to what they had done and worked for them giving us a better chane to find our second passion. Along the way, they did meet people who spent $12,000 for a stock training system to find out they hated it!

Why not learn from their mistakes and follow in their steps so you don't need to go through what they did!

Wanting to share their success and help others make the same transition, Cash Flow Potentials was formed. Cash Flow Potentials is dedicated to providing the tools, resources and partners to assist individuals and families in finding a home business that best supports their goals, strenghts, values and passion.

Read more about each of us

 

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