View Full Version : Don't retire - carrying on working is good
MikeMusic
22-05-2013, 10:45
http://www.iea.org.uk/publications/research/work-longer-live-healthier-the-relationship-between-economic-activity-health-a
walpurgis
22-05-2013, 11:00
I packed up working three and a half years ago and in some ways I think I'd be just as happy still working, but more stressed maybe. I'd definitely be more active though.
Rare Bird
22-05-2013, 12:08
I intend working as long as i physically can..
MikeMusic
22-05-2013, 12:09
I packed up working three and a half years ago and in some ways I think I'd be just as happy still working, but more stressed maybe. I'd definitely be more active though.
I'd heard this of old. Interesting to see it as part of a study
I reckon the lack of stress would even it out against downsides to retiring
and as long as I had the cashflow in retirement I don't see me being bored, lonely, or less active
Gordon Steadman
22-05-2013, 16:51
I retired officially some time ago. Haven't sat down since.
Apart from the fact I now have time to do work on the house, I still need the income that woodturning provides, so I keep busy.
I can't imagine (actually I can) how boring life would be, behaving like some of my co ex-pats out here carry on. Basically, sat in front of the TV with a bottle of wine. I like the wine idea but not to the extent they take it. When I see them resting their arms on the huge shelf that has developed above their trousers, I'm glad I keep active.
Plus there is all the playing music and hi-fi and food and more wine and ...............
Eagle owl
22-05-2013, 20:46
I retired at Easter 2005 aged fifty eight and a half, I've never been happier and am rarely bored. :cool:
MikeMusic
23-05-2013, 07:49
I intend working as long as i physically can..
I'd like to carry on working with less days. 6 is too much :(
MikeMusic
23-05-2013, 07:51
I reckon the lack of stress would even it out against downsides to retiring
and as long as I had the cashflow in retirement I don't see me being bored, lonely, or less active
I wonder if I might lose something if I retired.
Perhaps this is part of the reason punters die off
MikeMusic
23-05-2013, 07:54
I retired officially some time ago. Haven't sat down since.
Apart from the fact I now have time to do work on the house, I still need the income that woodturning provides, so I keep busy.
I can't imagine (actually I can) how boring life would be, behaving like some of my co ex-pats out here carry on. Basically, sat in front of the TV with a bottle of wine. I like the wine idea but not to the extent they take it. When I see them resting their arms on the huge shelf that has developed above their trousers, I'm glad I keep active.
Plus there is all the playing music and hi-fi and food and more wine and ...............
Looking around the house and the garden I could be busy for a long time. Plus there's the odd bit of music, full time where possible as I have at work.
I can understand the vegging out in front of the TV if you drop into that mindset.
Few years ago I had a virus for a week and the most I could do was sit in front of the TV, falling asleep a lot. I got to know some of the regular programmes on daytime TV
MikeMusic
23-05-2013, 07:56
I retired at Easter 2005 aged fifty eight and a half, I've never been happier and am rarely bored. :cool:
Think a lot of it must be state of mind and I have heard of people forced to retire who didn't know what do to
Reason a lot of them take part time jobs - money of course could be a factor
There is ample acutarial/biometrical evidence to show the earlier you retire, the longer you live.
I intend working as long as i physically can..
Me too.
My job entails me being on my feet 35 hrs/week. I have absolutely no intention of carrying on past retirement age.
With community assistance organizations and charities I see no need to sit at home going to pot when there is so much volunteer work available - I'm sure I'll be doing some of that when I retire.
Hal55
Me too.
Out of curiosity, Martin, why? As you know, I'm of the complete opposite mindset, in that respect, being semi-retired now at the age of 47 (I've been semi-retired since I was 43, and to all intents and purposes I could quite easily fully retire now), so I'd be interested in your take on matters :)
Marco.
I simply don't see me putting my feet up, watching TV and vegetating, Marco. I want to remain active and, even if I give up my main job, will run some kind of business in order to keep my brain sharp and my body (fairly) trim.
Slumming it in the south of Spain with ex-pats is far from my vision of my retirement years. More culture and some travelling most certainly are.
I simply don't see me putting my feet up, watching TV and vegetating, Marco. I want to remain active and, even if I give up my main job, will run some kind of business in order to keep my brain sharp and my body (fairly) trim.
Lol... I totally agree, but it doesn't have to be that way! Don't you have any hobbies to keep you occupied?
I love spending time with Del, and also my parents, not to mention my friends. We plan to travel all over the world and see and experience new things, one of which will be a fly/drive holiday to the States, for two months, where we can tour some of the remote (but very interesting) parts of America. We also plan to do a similar thing in Australia, India and China. Del also wants to go to Lapland and stay at the Ice Hotel and take trips on the Orient Express.
That lot will certainly take up some time, and you can only do that type of thing while you're still relatively young and fit! ;)
We also have loads of plans for the house here in Wales (not to mention our property in Tuscany), in terms of building an extension, getting a new bespoke (hand-built) kitchen, not to mention various projects for the garden, including installing a wood oven to make our own pizzas and other interesting things... There are so many things we want to do, that I can assure you we'll not be bored or lying around vegetating!! :nono:
Most of all though, it's about having TIME to do what YOU want, not what your BOSS wants you to do, and the feeling of freedom that this brings, and spending time with your loved ones, not being deprived of that time because of work commitments. For me, those are the most precious, treasured and invaluable joys in life...
Nope, as far as I'm concerned, you can stick working up yer arse... Roll on the golden days of fun and (stimulating) relaxation!! :exactly:
Marco.
MikeMusic
05-06-2013, 07:51
I simply don't see me putting my feet up, watching TV and vegetating, Marco. I want to remain active and, even if I give up my main job, will run some kind of business in order to keep my brain sharp and my body (fairly) trim.
Slumming it in the south of Spain with ex-pats is far from my vision of my retirement years. More culture and some travelling most certainly are.
How about the long hours and heavy work load you have now ?
I ask as I have a similar situation with nowhere near enough time outside work
I'd like to back off to 5 days a week for sure. I could probably cope with 4 :)
How about the long hours and heavy work load you have now ?
Exactly, Mike. Surely, Martin, you wouldn't want to continue that lifestyle into your dotage?
For me, there *has* to be more to life than work. If there wasn't, I'd top myself! :acid:
Marco.
Guys, maybe when I said "even if I give up my main job" I should have used the word "when" since most employers won't let you go past retirement age anyway. Mike - yes of course I couldn't continue working the hours that I do as it would be unsustainable by the time I'm 65 or whatever. What I'm saying is that I want to keep occupied by running my own small business as well as do small projects and a little travelling.
When I was a high flyer earning over twice what I earn now, I hated my job, the pressure and the business travelling. I can honestly say that I enjoy my job now and get a real kick out of it. It more than rewards the lower income. Isn't that what it's all about?
MikeMusic
05-06-2013, 13:28
Guys, maybe when I said "even if I give up my main job" I should have used the word "when" since most employers won't let you go past retirement age anyway. Mike - yes of course I couldn't continue working the hours that I do as it would be unsustainable by the time I'm 65 or whatever. What I'm saying is that I want to keep occupied by running my own small business as well as do small projects and a little travelling.
When I was a high flyer earning over twice what I earn now, I hated my job, the pressure and the business travelling. I can honestly say that I enjoy my job now and get a real kick out of it. It more than rewards the lower income. Isn't that what it's all about?
A major plus doing what you enjoy - but - you are doing bonkers hours from what I have gleaned and for not a lot.
That doesn't properly add up to me
I had a moment yesterday early evening as I wandered around the garden "why am I not here more often - this is just so nice !"
Running my own business leaves most of the driving seat stuff to me and there always seems to be something that has to be done. Priorities interrupting other priorities, urgent stuff popping up out of the ground.
I imagine it's me rather than the 'job' as it has been this way for about 20 years.
I'd like to find a way to keep print rolling in but work just the 5 days a week.
Don't you also want to work more sensible hours and enjoy the job ?
Don't you also want to work more sensible hours and enjoy the job ?
Of course! Show me an IT job that allows that and I'll take it ;)
When I was a high flyer earning over twice what I earn now, I hated my job, the pressure and the business travelling. I can honestly say that I enjoy my job now and get a real kick out of it. It more than rewards the lower income. Isn't that what it's all about?
Job satisfaction is very important, but then so is achieving a healthy work > life balance ;)
I guess we're all different. For me, any job I've had has always been simply 'a means to an end' - that end being retirement at the earliest possible age, so that I can enjoy the rest of my life, free from the burden of having to commit my time and efforts to a stranger. I worked my ass off to achieve that, for years, sometimes working 14-hour days, for weeks on end, building up my business, so I'm very much enjoying reaping the rewards of that now!
I don't need to work to feel fulfilled in life. I've got plenty of things to occupy my time. Too many of my relatives, who owned typical Italian businesses (restaurants, cafes, chip shops, etc) died having worked all of their lives, with nothing to show for it but a fat bank balance and some other pointless material possessions. That most certainly WON'T be me!!! :nono:
My motto: you may not have a long time in life, so make damn sure that you have a good time!
Marco.
MikeMusic
05-06-2013, 15:24
Of course! Show me an IT job that allows that and I'll take it ;)
IT must be one of the most frustrating jobs in the world ever.
That would be torture for me
anyway.....
There must be IT jobs where you either work sensible hours for reasonable money or they pay supreme amounts of dough for the silly hours.
IT is just too important
I've seen before where someone, like you, does a fabulous job and when they leave 2-3 people take over and the attitude is the usual "take it or leave it mate".
I constantly look for ways to make myself more efficient as the payback is obvious
There could be a bit you could make better but IT is a nightmare with landmines
:lol: Actually, the real Nirvana in IT is reached when you finally understand that what you do is important but no-one ever notices until it all goes horribly wrong. Then EVERYONE is on your back. You learn to praise or criticise your own performance and steer yourself as appropriate.
Marco - I take pride in my work and sometimes that is satisfaction enough. I understand the work/life balance thing and don't have it right yet, but it's much better than it was. I simply don't have the luxury of early retirement as my mortgage is too large. It doesn't matter, I enjoy my evenings and weekends very much and I don't begrudge anything. With a little luck, I'll live a few years after retirement to enjoy life even more. If I don't, it matters not as I make sure to get something positive from every day. That's been my motto for a few years now and it's a much better way to live.
MikeMusic
05-06-2013, 17:14
:lol: Actually, the real Nirvana in IT is reached when you finally understand that what you do is important but no-one ever notices until it all goes horribly wrong. Then EVERYONE is on your back. You learn to praise or criticise your own performance and steer yourself as appropriate.
Marco - I take pride in my work and sometimes that is satisfaction enough. I understand the work/life balance thing and don't have it right yet, but it's much better than it was. I simply don't have the luxury of early retirement as my mortgage is too large. It doesn't matter, I enjoy my evenings and weekends very much and I don't begrudge anything. With a little luck, I'll live a few years after retirement to enjoy life even more. If I don't, it matters not as I make sure to get something positive from every day. That's been my motto for a few years now and it's a much better way to live.
As with so much it's the set up. The really good, anal setup stops a massive amount of horrors.
No one notices the care put into the setup, unless to complain that you are taking too long !
Surely you don't have many hours in the evening ?
Waking at 4.30am I'm past it by 9pm and have to go to bed
I'd love to have 2 day weekends, but Saturday is just wonderful as there is no one else around
Haselsh1
05-06-2013, 17:24
Retire...? I never really got started.
;)
I retired a few months back. Not bored yet, but then I always have been a lazy fecker.
MikeMusic
05-06-2013, 20:07
Retire...? I never really got started.
;)
:lol:
Fabulous
MikeMusic
05-06-2013, 20:08
I retired a few months back. Not bored yet, but then I always have been a lazy fecker.
Keep us posted !
Marco - I take pride in my work and sometimes that is satisfaction enough. I understand the work/life balance thing and don't have it right yet, but it's much better than it was. I simply don't have the luxury of early retirement as my mortgage is too large. It doesn't matter, I enjoy my evenings and weekends very much and I don't begrudge anything. With a little luck, I'll live a few years after retirement to enjoy life even more. If I don't, it matters not as I make sure to get something positive from every day. That's been my motto for a few years now and it's a much better way to live.
That's cool, muchacho! :)
Marco.
Keep us posted !
Will do. Actually, I've just remembered that I start my MA in English Literature in September, so that'll keep me busy!
walpurgis
05-06-2013, 23:15
I retired a few months back. Not bored yet, but then I always have been a lazy fecker.
Good for you Joe. I'm lazy when it suits. I packed up working three and a half years ago. I need stuff to keep me occupied though and I've stopped my regular evening visits to the boozer, so evenings are spent on projects (for now) and annoying people here on AOS. Can't wait to reach proper retirement age (soon), just for the extra few quid.
Up until a few weeks ago looking at my life ahead of me it looked petty bleak. Working part time in a job I didn't care much for, a boss who wouldn't piss on me if I was on fire and with a long commute that ate almost 50% of my earnings - minimum wage to boot. If the government ever settles on an age to retire instead of deferring it every year, I might get a few quid as a pittance thrown at me aged 67, 69, 71 or NEVER :steam:
Right now my working day starts at 8.00am and ends a tad short of midnight, with a 3 hour break in the afternoon still doing less hours in the same part time job I didn't like before with more hours, but will be quitting that soon too hopefully. I do this in the full knowledge that my time investment now will soon be earning me an awesome amount of money for life with no need to work at all if I don't wish to in a year's time. The business I am now in is so simple it makes me wonder why I encounter so much prejudice when I discuss it with people. Crazy, but there you go, there is nowt queerer than folk.
MikeMusic
07-06-2013, 06:37
Up until a few weeks ago looking at my life ahead of me it looked petty bleak. Working part time in a job I didn't care much for, a boss who wouldn't piss on me if I was on fire and with a long commute that ate almost 50% of my earnings - minimum wage to boot. If the government ever settles on an age to retire instead of deferring it every year, I might get a few quid as a pittance thrown at me aged 67, 69, 71 or NEVER :steam:
Right now my working day starts at 8.00am and ends a tad short of midnight, with a 3 hour break in the afternoon still doing less hours in the same part time job I didn't like before with more hours, but will be quitting that soon too hopefully. I do this in the full knowledge that my time investment now will soon be earning me an awesome amount of money for life with no need to work at all if I don't wish to in a year's time. The business I am now in is so simple it makes me wonder why I encounter so much prejudice when I discuss it with people. Crazy, but there you go, there is nowt queerer than folk.
Sounds grim now with good to come
What is the job you are doing ?
Sounds grim now with good to come
What is the job you are doing ?
My new job involves giving people worthwhile and well paid jobs while at the same time giving directly to good causes. It is an extraordinarily simple concept but getting people to understand how it works is not the easiest things to do, because their own prejudices and preconceptions get in the way.
I'll deal with the "good causes" bit first. Instead of throwing money at charities, we will be finding local good causes with merit. For example, a local hospice urgently needs 5 powered wheelchairs and 5 bed hoists, or little Jimmy has incurable cancer and wants to see Disneyland before he dies. We will take the money from the accrued Good Causes Fund and BUY those 5 wheelchairs and 5 bed hoists for the hospice and pay in full for whoever else Jimmy needs to take with him to Disneyland to make that the true trip of a lifetime. The company itself does not make those decisions, it comes from our Associates who nominate the cause and submits it to the Good Causes Board which is elected by the Associates themselves. Naturally, the Fund is entirely ring-fenced from the company. Our long term goal is to prove our systems in the UK then launch worldwide in 110 countries with the aim of eradicating poverty. The only way you can do that is to give people jobs with good money so they support themselves. Oxfam has tried and tried for years simply by throwing money at them during disasters and famines, so can anyone tell me how much crippling long term poverty they have actually eradicated?
Now for the "jobs" part. Our business model follows exactly the same one that Avon Cosmetics, Kleeneze and the Utility Warehouse do - use the power of duplication to grow the business organically. Instead of having lipsticks, mops and energy, we have the Good Causes as our product. Our Associates will pay a regular monthly contribution and recruit just two new Associates each as a minimum, who will also pay monthly contributions. When an Associate recruits three new Associates, then that pays fully for their own monthly contribution, so their business cost has reduced to zero. That is the end of their own recruitment task, whereas with other network marketing businesses they are tied to recruiting more and more ad infinitum. So, we begin with one Associate recruiting two others, who in turn recruit two each, who in turn recruit two each, etc., etc., and the astute amongst you will see we have a duplication in numbers each time i.e. 1, 2, 4, 8, 16 and so on. If that momentum is maintained then whoever is at the head of the matrix could be earning around £250,000 in their first year alone, with the following years even more. That figure is no exaggeration, trust me. Everyone will be running their own business and everyone has a 100% equal chance of easily earning those sums. All it needs is around 10 hours a week to get started and no need to give up what you are currently doing either. Let me also point out that you team of 12 downline Associate levels will consist of 8,190, your exact earnings will be more than £256,570 (excluding add on incomes) and you will have contributed £1,680,588 directly to the Good Causes Fund. This is just one matrix alone and I want to start off only four initially.
How does it work? The business is entirely self-funding with no reliance on any external source of product or income. If Avon Cosmetics or Kleeneze's factories burnt down today they would be stuffed completely, if they want to double their business output, they would need to find the money for extra production and storage facilities, more staff, more transportation costs, etc., etc., whereas with our business we don't have those to contend with.
Given that Avon Cosmetics has an annual turnover of $10.7 BILLION with 6.8 MILLION distributors worldwide in 140 countries, Kleeneze is small beer by comparison with $400 MILLION turnover and Utility Warehouse has only 44,000 Distributors and tied to the Stock Market which they needn't have done if they paid attention to details. Our aim is to have 130,000 UK Associates by this time next year.
So you see, exciting times ahead and all I need to do for now is find around four or five people who will spearhead the plan and make it happen. Once the first part of the UK plan is complete, I will be able to ease off a bit :)
If any of that above makes sense to you then you will do well in this business and you will have endless days of box-swapping joy ahead of you like me. If you can't see it, then don't give up your current career path. My experience so far is that not that many people these days have either the vision or a powerful ambition to make it happen. Sad.
MikeMusic
07-06-2013, 11:52
My new job involves giving people worthwhile and well paid jobs while at the same time giving directly to good causes. It is an extraordinarily simple concept but getting people to understand how it works is not the easiest things to do, because their own prejudices and preconceptions get in the way.
Sounds like a pyramid scheme albeit with charities getting a cut.
My preconception for sure
indeed and what I don't get is how anyone actually gets paid? where does the money come from?
Sounds like a pyramid scheme albeit with charities getting a cut.
My preconception for sure
Wrong (VERY wrong) and wrong, on both counts.
Pyramid selling is ILLEGAL, full stop. Pyramid selling would not last or work out to 110 countries because it is designed to collapse very early on, plus there is no actual product with intrinsic value. It is designed to take your money and run.
I knew someone would mention pyramid selling :rolleyes:
You don't win a coconut :ner:
indeed and what I don't get is how anyone actually gets paid? where does the money come from?
That's the difference between "seeing" and "looking". The answer is there.
You don't win a coconut either :ner:
In post #34 I wrote this:
"The business I am now in is so simple it makes me wonder why I encounter so much prejudice when I discuss it with people. Crazy, but there you go, there is nowt queerer than folk."
and the last two postings above shows how right I am. :rolleyes:
This is no pyramid scheme and anyone that says those two words without even thinking what they said is not uncommon - I see it every day. Read up about what a pyramid selling scheme actually IS before you accuse anyone of participating in one.
I did also say that our business is NO DIFFERENT to Avon or Kleeneze, so are you saying that they are pyramid selling schemes too?
Give me strength :rolleyes:
MikeMusic
07-06-2013, 12:46
Wrong (VERY wrong) and wrong, on both counts.
Pyramid selling is ILLEGAL, full stop. Pyramid selling would not last or work out to 110 countries because it is designed to collapse very early on, plus there is no actual product with intrinsic value. It is designed to take your money and run.
I knew someone would mention pyramid selling :rolleyes:
You don't win a coconut :ner:
Sounds like
One of the ways to make huge amounts of dough is to think outside box
Sounds like
One of the ways to make huge amounts of dough is to think outside box
Now you have it Mike :)
You really do have to think laterally these days to make serious money and you cannot do that unless you have an open mind.
My aim is very very simple indeed; give money to deserving causes and give people jobs, so why I meet so much ignorance and hostility is beyond any comprehension.
For the avoidance of doubt (and keeping my good name!) here is a link to define what is a pyramid scheme
http://en.wikipedia.org/wiki/Pyramid_scheme
My business has none of those attributes.
I had to stop working many years ago to take care of the wife who is very I'll....must have done a decent job as she is still with me.
long hours, no money and accused of being a parasite by many, but I just get on with my job and keep smiling through the pain.
THANK GOD FOR MUSIC is my motto.
agree with most on here, keep busy or you'll vegetate.
Covenant
12-06-2013, 20:14
I have been self-employed for 3 years but the last 8 months have not been very productive. I was getting use to pottering around but suddenly things have changed. I have been offered two jobs, both working from home (I am a chartered surveyor). The one I have accepted has a good salary, car, pension and profit share. I really thought I was too old to get a full time job again so don't get disheartened people!
Now you have it Mike :)
You really do have to think laterally these days to make serious money and you cannot do that unless you have an open mind.
My aim is very very simple indeed; give money to deserving i causes and give people jobs, so why I meet so much ignorance and hostility is beyond any comprehension.
So the job, is to recruit people? Whose job is to recruit more people, whose job is to recruit more people, e.t.c e.t.c?
So the job, is to recruit people? Whose job is to recruit more people, whose job is to recruit more people, e.t.c e.t.c?
No it isn't the job at all, only a small part of it :eyebrows: Most of the people on this forum are in a similar position already, they just don't realise what's happening around them until they stop and think about it :rolleyes:
Yes there is a small amount of recruitment involved it's true, but that is not the sole purpose of the job. It takes an open mind to see it though.
MikeMusic
13-06-2013, 06:59
I have been self-employed for 3 years but the last 8 months have not been very productive. I was getting use to pottering around but suddenly things have changed. I have been offered two jobs, both working from home (I am a chartered surveyor). The one I have accepted has a good salary, car, pension and profit share. I really thought I was too old to get a full time job again so don't get disheartened people!
Being good has it's own rewards
:)
from your original description it certainly does,
go on have another try, I'm interested
from your original description it certainly does,
go on have another try, I'm interested
I'm afraid that you, like so many others, look at everything about network marketing in microcosm, focussing on the irrelevant details.
I'll give you an analogy of how it works;
If I asked you to go out and pick up a car on your own with only a little finger, how would you do? Precisely.
Now go and ask two of your mates to help you pick up the car, all of you using just one little finger. Still no joy?
Get them to bring two friends each to help and are there enough little fingers amongst that group to lift the car?
Keep on repeating each new person joining your merry band bringing two new people each, until there are enough of you all using just your little fingers alone to pick up that car with ease.
Don't stop there; keep the process going until there are enough of you to not only pick up one car, but there are enough of you to take a double decker bus from one end of the country to the other without it ever touching the ground. That is the sheer power of duplication. Understand that you may only be one drop of water in isolation, but plenty more just like you creates an entire ocean.
When you consider that Avon Cosmetics began with just one person having a good idea, which is a $10.7 BILLION turnover a year business with over 6.8 MILLION distributors worldwide in 140 countries, which makes Google, Apple, Shell, ICI, BP etc., tiny small fry in comparison. If you started a good network marketing business TODAY, your organisation would have upwards of 100,000 members within a year, so you tell me of ANY other business that could achieve those numbers?
Open mind . . . . . . . . .
Frank,
If I was looking to give to charity, I would want all my money to go to the charity, not to support the people who are raising money for the charity. I am very careful which charities I give to for this very reason, and usually prefer to give directly to my target.
To me, the whole idea of profiting from others desire to give to good causes is abhorrent.
I have only ever made a living from either service or retail, the latter of which led to me being able to retire at just 48 in order to make the most of life with my partner and family.
Val
We won't be giving money to charities Val. The main reason is that so little of it actually filters down to the needy at the front line.
So how much money do you actually give to charities? Our organisation will be giving millions of pounds each and every year to good causes directly with no losses due to salaries, rent, rates, admin, etc.
Frank,
Then I'd love to read a clear explanation of how this works, without all the cryptic nonsense.
You stated "we have the Good Causes as our product. Our Associates will pay a regular monthly contribution and recruit just two new Associates each as a minimum, who will also pay monthly contributions. When an Associate recruits three new Associates, then that pays fully for their own monthly contribution, so their business cost has reduced to zero"
In what way is a 'Good Cause' a 'Product'?
It reads that you are asking the associates to make a monthly contribution to a good cause, and 1/3 of this payment pays the next associate's payment. Therefore only a small fraction of the total monies collected will actually reach your 'good cause'. That is, if this monthly contribution is your only income stream, which seems to be what you are saying?
Val
I must admit I'm struggling to understand how there are going to be all the people in the different levels earning money yet there are "no losses due to salaries, rent, rates, admin, etc."?
I'm afraid that you, like so many others, look at everything about network marketing in microcosm, focussing on the irrelevant details.
I'll give you an analogy of how it works;
If I asked you to go out and pick up a car on your own with only a little finger, how would you do? Precisely.
Now go and ask two of your mates to help you pick up the car, all of you using just one little finger. Still no joy?
Get them to bring two friends each to help and are there enough little fingers amongst that group to lift the car?
Keep on repeating each new person joining your merry band bringing two new people each, until there are enough of you all using just your little fingers alone to pick up that car with ease.
Don't stop there; keep the process going until there are enough of you to not only pick up one car, but there are enough of you to take a double decker bus from one end of the country to the other without it ever touching the ground. That is the sheer power of duplication. Understand that you may only be one drop of water in isolation, but plenty more just like you creates an entire ocean.
When you consider that Avon Cosmetics began with just one person having a good idea, which is a $10.7 BILLION turnover a year business with over 6.8 MILLION distributors worldwide in 140 countries, which makes Google, Apple, Shell, ICI, BP etc., tiny small fry in comparison. If you started a good network marketing business TODAY, your organisation would have upwards of 100,000 members within a year, so you tell me of ANY other business that could achieve those numbers?
Open mind . . . . . . . . .
ok but analogy aside, in the real world real scenario your discussing, other than recruiting new associates what if anything will an existing associate actually do? simple question
I am lucky I sometimes get to make a difference in a persons life
Frank,
Then I'd love to read a clear explanation of how this works, without all the cryptic nonsense.
It isn't cryptic at all Val, I cannot elaborate too much on how exactly it works because this is after an open forum and I don't want anyone to misconstrue what we do. There are enough folks doing that already :rolleyes:
You stated "we have the Good Causes as our product. Our Associates will pay a regular monthly contribution and recruit just two new Associates each as a minimum, who will also pay monthly contributions. When an Associate recruits three new Associates, then that pays fully for their own monthly contribution, so their business cost has reduced to zero"
In what way is a 'Good Cause' a 'Product'?
The physical items we will be purchasing for the good causes IS the product, using 30% of our total income. When we do that we will of course be reaping the PR benefits and making it very public.
It reads that you are asking the associates to make a monthly contribution to a good cause, and 1/3 of this payment pays the next associate's payment. Therefore only a small fraction of the total monies collected will actually reach your 'good cause'. That is, if this monthly contribution is your only income stream, which seems to be what you are saying?
Val
It is not 1/3 of the monthly contribution that pays for the NEXT associate's payment. The minimum requirement is for each associate to maintain ONLY two associates downline. Ideally they should recruit three just in case someone drops out AND it makes a faster return on their monthly investment. Once that person has recruited that two or three, there is no more actual recruiting to be done.
Andrew B
13-06-2013, 18:19
I took a break from work a year ago. I return in early December but I already know I will quit as soon as is practicable. I much prefer a life without my job and have no wish to carry on beyond the next two years max. My stress levels have gone right down, the onset of grey hairs has stopped and I'm already four stone lighter than when I left.
Retirement here I come, as fast as fate will let me!
ok but analogy aside, in the real world real scenario your discussing, other than recruiting new associates what if anything will an existing associate actually do? simple question
Our entire business is self-funding with no debts or borrowings. It will be continuously cashflow positive.
All any associate needs to do is to recruit two new associates, ideally three in case one drops out AND it provides a faster return on their monthly contribution outlay. After that, there is NO MORE recruiting to be done by that associate, so it's not like other network marketing schemes where the imperative is to begin an endless conveyor belt of recruiting. Ours is by far the simplest and easiest network marketing plan and it specifically ensures that everyone has the same commission, whereas a lot of companies find themselves in a position where they MUST recruit to replace the losses, or the outgoings overtakes the income and either the associates have their commissions severely cut, or the business collapses - not uncommon at all. Because we are well aware of all the inherent pitfalls, the only reason we are going to collapse is if 1. There are no more good causes, or 2. There is a huge worldwide collapse in economies.
Another duty associates will need to perform is to find the good causes themselves and nominate them to the Good Causes Board, made up of elected associates, who decide if the nomination qualifies as one that directly benefits the most needy. Myself or the company will play no part at all in the selection process, unless it is a required intervention if a dispute arises. I will have no access at all to the Good Causes Fund and every transaction MUST have a clear audit trail for transparency.
Given that any associate needs only to recruit two people who in turn recruit two people each, who in turn find two each and so on, within 12 months if everyone that is following on continues that momentum by finding two each at a frequency of two per month, the original associate will have minimum earnings exceeding £256,570 annually for life and beyond.
Bear in mind too that within the same 12 month period of time we will have given £1,680,588 directly to good causes as a result. This is just ONE matrix of associates and only down to 12 levels.
Frank - I don't suppose you can tell us what amount an Associate contributes per month?
Frank - I don't suppose you can tell us what amount an Associate contributes per month?
I would be happy to oblige you Alex, but I'm afraid that someone has made some serious allegations via PM so I will have to withdraw from this thread until it is resolved.
OK - thanks Frank, understood.
Frank - I don't suppose you can tell us what amount an Associate contributes per month?
From the figures provided I reckon about £250. Have to say from the info provided so far it does, in some ways, resemble a Ponzi scheme, albeit one from which charitable causes will benefit. The first motivation of any associate will be to recruit 3 others so they no longer have to find the money each month. Problem with these things is that if they stutter, it will all fall over. That's not to say this will, though, it may well find its level, in which case it is the early adopters who will benefit most.
On the wider topic, I view my work as a hobby. It entertains me to an extent and it occupies my day. I'd probably struggle with complete retirement, unless I was loaded of course :)
From the figures provided I reckon about £250.
£250? :scratch:
Try £30.
I don't know of any other businesses that have such low running costs per month, that cost is paid for instantly and if you do, then kindly let me know :eyebrows:
£250? :scratch:
Try £30.
I don't know of any other businesses that have such low running costs per month, that cost is paid for instantly and if you do, then kindly let me know :eyebrows:
Really? I probably lose that much down the back of the settee each month. There's obviously something I'm missing here or that you haven't explained yet.
what I don't get is if it costs each associate £30 per month and there is no product being sold only good cause being funded how an associate who recruits 2 more can possibly get paid more than £60 per month, and since that £60 is partialy funding the good causes not even that.
it might not be a Pyramid persee but surely suffers from the same basic problem, it only works so long as there are enough interested people being added each month, otherwise the whole thing collapses
Really? I probably lose that much down the back of the settee each month. There's obviously something I'm missing here or that you haven't explained yet.
This link might also help: http://www.networkmarketingheroes.com/free-training/forced-matrix-plan/
what I don't get is if it costs each associate £30 per month and there is no product being sold only good cause being funded how an associate who recruits 2 more can possibly get paid more than £60 per month, and since that £60 is partialy funding the good causes not even that.
it might not be a Pyramid persee but surely suffers from the same basic problem, it only works so long as there are enough interested people being added each month, otherwise the whole thing collapses
You don't get it because your mind is working with the static numbers of the two recruited in isolation. It is the downlines that provide the income.
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