The 3 Immutable Laws of Equity

For people that are in the business of making money, this term is all too familiar. For those that work the 9-5, this might be considered a highly speculative move, but rewarding one. "Sweat Equity" exists even in the workplace: you trade your body for money (sounds kind of dirty, but please bear with me), you use your body to earn money by working so many hours every two weeks. This is commonly known as collecting a paycheck. You basically work for money.

There is another type of sweat equity. One that pays nothing at first, but pays numerous times over. This is known as speculative sweat equity. In other words, you work on a commission only basis or are self-employed. People that honestly want to work for themselves take this path. Automobile salesmen also venture down this path. They eccentially network themselves and build up a marketing list for their payout. This can be very rewarding if you have the right network. The drawback to this type of equity is that it takes time and effort along with networking.

This blog is considered a form of sweat equity. I write this blog purely on a commisson basis. The only time I get paid is when people visit the site. Most of my traffic comes from directories and word of mouth. In other words, the most profitable sweat equity is the equity associated with speculative investments aka speculative sweat equity. While I will probably not quit my job over this page, if I hypothetically started earning four figures to five figures a month, there would be no need for me to work at Sam's Club anymore (but I would  probably still do so because that is an extra stream of income).

And  yet, there is another form of equity that should be addressed: speculative equity. You venture into something using your dollars and it pays off. In other words, your money works for you. This equity is the most rewarding of the three because it requires the least amount of exchanged labor. In fact, you could do either sweat equity or  sweat speculative equity so as long as you already have a sizable nest egg. The sky's the limits. Such examples include stocks, real estate, business ventures, limited partnerships.

Mastering the three forms of equity will make you rich. Even more so if you live within your means.

MLM Scams In The Crosshairs

These are definitely bleak times if you rely on just 9-5 jobs. I know there is pressure out there for many of you to become affluent and wealthy. Just remember there is no such thing as a free ride. You pay time to receive the ride. It is basic economics. No one has any incentive to give you or me a million dollars. they earned it with their blood sweat and tears.

Today I want people out there to know that there is a variety of schemes in the wake. Ponzi schemes and MLM schemes are just designed to take your money!

With that said, it should be obvious where I am going with this. There are a variety of scams just cropping up across the United States. There are people out there that are promised the world on an oyster and get fed day old tuna. Ponzi schemes, pyramid schemes, and MLM schemes are just designed to make only the people at the top rich.

Would you like to know who gets there cut of the pie? It is not the online marketers. It is not the "distributors". It is the "motivational" speakers that get the pie. they peddle their books on stage and get their cut. John C. Maxwell has replaced Robert Kiyosaki in doing this because he exposed the scheme. The rust just get crumbs. Do not quit your day job to go through with this. It is not worth it. The best thing you can do for yourself is to look up some other marketing venture.

If you have a frugal mindset, "easy money" does not exist. Period. You still have to work one way or another. You think Wal-Mart is going to give me 20K/year for just working 10-15 hours a week? Sorry, not happening.

the whole concept of an online mall is not new. It can be done. If you are willing to put in the time to learn code and study SEO, you could have the next Ebay, but that takes... effort and it also takes a committment towards saving money.

Ways to avoid a MLM scam.

1. Ask what the start up cost is. (Unless it is an investment, additional labor for working 10-15 hours should be lower than $200, the price of a World Wide Group website. This means that you can get about 3 years worth of website for that chunk of change! Totally not worth it.

2. Whenever someone promises to "take care of everything" is also a bad sign. If you are relying on someone else to build up traffic to your site that is not contracted to do SEO work, it is a major red flag.

3. When someone says they want to be your mentor without knowing you. This is another red flag. I know tons of brokers and millionaires in the United States and a few in Japan. Unless you know them first hand and on a first name basis from childhood, do not expect handouts. Do expect consultation fees.

The reason why I am writing this post is because I was approached by people from Quixtar, HerbaLife, Your Travel Business (ytb), [insert scam here] etc. etc. I am not going to fall for these schemes and I am not going to go broke over buying their products. The best thing they can do for themselves is to choose another mark.