This is another great book about finances with a WEALTH of good information. There was one quote I particularly liked. Back in 1926 Mr. Clason wrote Arkad, the Richest Man in Babylon saying, “In my mind rests a belief that some day wise-thinking men will devise a plan to insure against death whereby many men pay in but a trifling sum regularly, the aggregate making a handsome sum for the family of each member who passeth to the beyond. This do I see as something desirable and which I could highly recommend. But today it is not possible . . . some day do I feel that such a plan shall come to pass and be a great blessing to many men, because even the first small payment will make available a snug fortune for the family of a member should he pass on.” (pg. 38)
Could he have been envisioning network marketing? It sure sounds like it to me. I absolutely LOVE that last sentence because it is soooo true! Looking at my own situation– based on my efforts with Bookwise over the past 4 months my monthly residual income (from my own organization and matching commissions) is only at about $175/month so far, which isn’t that much– BUT, that $175 per month is for the rest of my life (and beyond). If I live for another 30 years that’s $63,000 I made in the past 4 months. If I live another 50 years (which I plan to do!) that’s over $100,000. And, of course, now I have 120 people out there working with me to build OUR Bookwise business, so that’s not even a true picture of the value of the work I’ve put in during the past 4 months. [UPDATE: After 6 months the monthly is just under $400/month and there are more than 225 people on my team. We are set to absolutely EXPLODE!!]
So truly — “even the first small payment (of $35) will make (has made) available a snug fortune for the (my) family . . . (whether I remain alive or) should (I) pass on.”
Gotta love Bookwise– and can’t help thinking that George Clason knew what he was talking about!!