Warning this could happen to you!!!!
Bank Of Cyprus’ Biggest Depositors to lose 30-40% of their deposits!
(read it all the way it really is our network marketing blog- post, Promise)
Because of the decisions made by the banking industry in Europe Cyprus devised a plan to help their failing Government by taking from their own people by raiding the private bank deposits amassed by their wealthier citizens. Cyprus has deemed this branch of their society able to survive such a money grab, and a just decision for the common good in order to help bailout their entire county.
Now Cyprus does not have the protection laws we in America have for guarding private individuals money that are placed in banks here. And though the buzz that if it can happen in Europe if it can happen here, has died down a little as new stories have hit the headlines. But in fact it has already occurred here in the past and I am not talking about Bank Failures during the 1930’s Great Depression.
What I am talking about is The Savings and Loans Crisis of the 1980’s that created the greatest banking collapse since the crash of, 1929. By 1989, over half the Savings and Loans had failed, along with the FSLIC fund that was created to insure their deposits. And many people Not just the wealthy, took huge loses and some lost their entire life savings.
And many of you may not be aware of the fact that this went right on through the 90’s and up to our bailouts that was the Economic Stimulus package of 2008.
This is not a financial blog so I am not going into great details here as why I am sharing this today is not to have you pull your money from your banks and credit unions, and stash it under you mattress- but, to teach you the importance of NOT having all your eggs in one basket.
So YES there are benefits to the use of our financial institutions’ but spread your money around, do not stay bank loyal, they are not loyal to you, and also do not put money into your accounts above what the FSLIC or FDIC insures.
But that is just one of the lessons I want you to take away from this blog today and you may think well I do not have that kind of money to worry over it, but if you lay out your path wisely and follow that road map to your goal I have been teaching you here, I have every faith you will.
Now let’s get back to eggs and baskets and no pun intended on that yesterday was Easter. But will use the fact that Easter means rebirth and is a starting anew as in Spring has come and Winter is now at bay again for another year and for us Christens Jesus has risen to renew the Earth with a message to be shared throughout the world that still rings true with so many today. But my message is not religious nor political but practical. It is as practical as not keeping all your money in one bank, or more funds in each account than is protected by law. My message is simple do not do it in business either.
The old brick and motor rules do not apply in this new world we operate in, since we do not need to setup shop and build a local following for our wares as in olden times. In today’s Network Marketing industry, we have the ability to though most of us have a favorite primary company, but to partner with many companies, maybe those of people in our down lines, up lines, friends peers or just businesses we like their products and we like how they operate. This allows us to build additional revenue streams. You may think that is is a lot of extra work and money but it is not it is as simple as adding a link, a banner, a bit of text to your usual emails, newsletters web pages and blogs. This insures you that if one does not make it, you do not find yourself scrambling to build another company before you go under. I know people who put all their eggs in a few business that went belly up and went from huge monthly paychecks to ZERO, and they had no other revenue streams. It just makes sense to have your own back, as no one else is gonna do that for you and your family, not a Network Marketing company that is no more, for sure. Stability is in having many little baskets to supplement the one big basket one. And security is you put those eggs into ALL of them, a little here a little there.
In the 90’s with my kennel I did just that, there is no money in show breeding if you do it right stud fees are costly showing is costly training, health care and puppy rearing can run into the thousands per litter- so breeders like myself we setup companies to farm fellow breeders. By offering training, dog food, and me since I am a writer I also wrote books etc. That was my bread and butter over the expenses of showing and breeding the dog I still love.
However when I decided to come into the Network Marketing arena I did what a lot of people do we found one company we liked and we just did that.
I still did my writing and additional things on the side but did not pair them with our industry.
As time has went on I have found Affiliate Marketing that has meant extra revenue streams and even more so what we are into now training and getting involved with companies that offer the ability to utilize searches for content and lead generation by key/phrase/industry/tailored search word software as well as partner with companies that offer you ways in which to contact those leads to create an entire portfolio for our teams and ourselves. A sort of like we used to say in the dog world nose to tail approach in laying out a plan to the win. So we can not only show you how, to build teams in Network Marketing, but then show you how to keep them by you showing your people how to build their own teams, as if you show someone where to, and how to, and what to do with the information, that has several options to utilize, past make that dreaded list. You can motivate them and when they see the results they WILL motive others.
Now some of this journey on our part has been spendy, but you need to asses what your business budget is and be honest with yourself, to determine how fast you will create your own little empire, or however far you wish to grow. That is why I have recommend things like that cash train, as a baby step to Affiliate Marketing- it is owned by a trusted friend Brittany Johnson, and is reputable as well is an inexpensive way to start to grow additional streams to pocket money to be able to utilize the larger tools out there and play with the big boys, or if you have the desire and budget to jump right into the adults pool with a few hundred dollars in which to invest (but these programs are also additional revenue streams as well as marketing tools), I will be sharing more of what we are doing as we test out the results with our own teams.
Please let me know what you think about this, and any post. And or if you have questions or comments on the entire site. Feedback is ALWAYS appreciated!
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Take Care
Sandy Metcalf
