Spanish Distiller one time said, "The good life's expensive" there's another way to live that doesn't cost as much, but it isn't any good well, a lot of what he said is true, the book Think and Grow Rich, "you can have anything you want." now, you do have to understand some basic rules, you'll notice here, you see, the truth is, you can earn as much as you're presently earning in a year, how to turn your annual income into a monthly income, now that may sound like a gross exaggeration, but it is not, it's the way it happens, now here's something that is in this book, it was by Napoleon Hill, and it's called Big Money, because when this is done, how you can execute this, read carefully, Napoleon Hill said,
"When money comes in quantities, known as the big money, it flows to the one, who accumulates it as easily as water flows downhill, there exists a great stream of power which can be compared to a river, except that one side flows in one direction, carrying all who get into that side of the stream onward and upward to wealth, and the other side flows in the opposite direction carrying all who are unfortunate enough to get into that side, and not able to extricate themselves from it, downward to misery and poverty, every person who has accumulated a great fortune has recognized the existence of this stream of life, it consists of one's thinking process, the positive emotions of thought form the side of the stream which carries one to fortune, the negative emotions form the side which carries one down to poverty, this carries a thought of stupendous importance to the person who is following, what we're talking about here, with the object of accumulating a fortune, if you are on the side of the stream of power which leads to poverty, this may serve as an oar, by which you may propel yourself to the other side of the stream, it can serve you only through application and use merely reading and passing judgment on it, either one way or another, will in no way benefit you, poverty and riches often change places, poverty may, and generally does, voluntarily take the place of riches, but when riches take the place of poverty, that change is usually brought about through well-conceived, and carefully executed, plans, poverty needs no plan, It needs no-one to aid it, because it is bold and ruthless, riches are shy and timid, they have to be attracted.”
The Secret, you've got to attract it, now, this money has to be earned, and there is a law that governs this whole universe, everything operates by law, Well Emerson wrote beautifully, Ralph Waldo Emerson, on the Law of Compensation, and the Law of Compensation is exact, the Law of Compensation clearly states.
The amount of money you earn will be in exact ratio to these three points, number one, the need for what you do, number two, your ability to do it, and number three, the difficulty there will be in replacing you, now think of odds are pretty good, the need for what you do is already there, you don't have to be anything about that, number three will be taken care of if you take care of number two, you may want to think about this for a little while, I thought about it for a long while, and I realized, it's pretty true, so you see, you only have to focus on one of those three points, and that is number two: your ability to do it, whatever you're doing, you want to get better at it just keep working at getting better at what you're doing, and there isn't any competition you're the only competition you're ever going to have, master whatever you do master it, now, there are only three strategies for earning money, just three strategies, pay close attention it's M 1, M 2, and M 3, now, let's start with number one strategy M1 is used by 96% of the population, and it won't work, it never has worked, this is where you trade your time for money, you see this strategy has an inherent problem, it's called saturation, it's if you run out the time, I don't care how effective you are, I don't care how much you earn an hour, you're going to run out a time, you're trading your time for money, it doesn't work, it does not work, number two is an excellent strategy, but it's only used by 3% of the population, number two is where you invest money to earn money, now, people in the number one strategy, they hear about this, and so they squirrel a bit of what they're earning away, and they invest it, but they don't understand how to invest it, and they usually lose it, if you're going to invest money, you really got to know what you're doing, or go to somebody that has proved that they know what they're doing, number three is where you invest money to earn money, now the first two strategies are not the one you want to focus on, here's the one you want to focus on: number three it's only used by approximately one person out of a hundred, this is where this group earns almost all the money, 96% of all the money that's earned goes to a very small select group of people, they were really smart, some of them aren't very smart, stumbled on M 3 is used by 1% of the population, but they are 96% of all the money, these people multiply their time by setting up multiple sources of income, now that's the strategy how do you set up multiple sources of income? Well, some people get that mixed up with multiple jobs, that's not multiple jobs, its multiple sources of income, the truth is, you can set up sources of income where you're earning money while you're sleeping, and it's never been easier than it is today, with the internet, and with the way we're working, you can make it happen, how to turn your annual income into a monthly income, now read carefully, because this is super important, it's very important, this can be accomplished by having multiple sources of income, you check back in history, you're going to find all wealthy people have always had multiple sources of income, they didn't have one, they had all kinds of different sources of income.
Our world is changing, make no mistake about it, here's something you want to burn into your mind, if you don't teach your children how to earn money, odds are pretty good they're not going to learn, school does not teach us how to earn money, you can go all the way through school, you can go to Harvard, Oxford, Stanford, won't matter, they do not teach you how to earn it, they'll teach you how to invest it, they'll teach you how to store it, they'll teach you how to count it, but they do not teach you how to earn it, now there're three strategies, if you're gone to teach your children, you teach them number three, a book around 1970, called Future Shock, by Alvin, and he talked about the changes that were coming, well, I was working' with Earl Nightingale and Lloyd in 1970, and that was a very popular book around the Nightingale, we were all studying' it, and we were laughing at some predictions, we'll say "this could never possibly happen" well, move ahead to 40 or 50 years, Future Shock' Alvin described short, he didn't predict it big enough, now, he just passed away here a while ago, but he said something' before he died that may be you should remember, he said, "The illiterate of the 21st Century will not be the people who cannot read and write they're going to be the people who cannot learn, unlearn, and relearn most of what we've learned, up to this point, we're going to have to unlearn, and then we're going to have to learn some new rules, our world is changing, it's not getting bigger, the world is getting smaller, it is shrinking, and here's something else, this is very important, you can have business all over the world, through multiple sources of income, here's the question you want to ask, how much do you want? Because you can set up sources of income all over the place, now, network marketing, because it is probably the easiest way to set up multiple sources of income, now the fact is that most people that go into it never earn any money, is another thing, they're just not working with the right people, study the real heavy hitters they all have multiple sources of income, and they have money coming at them from all over the world, it's a beautiful thing to understand, doesn't matter where you live, you can be setting up sources of income all over the globe, you can just keep setting them up, you are capable of doing this, there are all kinds of ways, well, are all the sources of income, that you have the same size, no some are bigger, some are smaller, but they all have one thing in common, although they're big or small, they all flowing to your bank, when you have a source of income that comes into your bank, and it just keeps adding up and up and up, now Napoleon Hill was talking about the big money, what'd he say? It's a mental thing, it's all in your mind, I don't care what you've done in the past, can tell you study this kind of material.
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