What's Your Financial Profile?
When I say 'breakthrough' I mean the first commission / income that MEANT something and will always be remembered. That can be any amount from $1 to $1,000.
For the purpose of this post I'll describe three (3) financial situations:
1. Managable - that means I can meet my monthly expenses and have about $50 - $100 a month for optional expenses. I also have access to about $3,500 investment capital through loans and / or sale of assets.
2. Tight - that means I have to juggle payments of my monthly expenses to keep my creditors 'happy'. I am able to squeeze between $20 - $50 a month for optional expenses. I can access about $500 investment capital through loans and / or sale of assets.
3. Desperate - that means I can meet my basic monthly expenses but not other expenses I need to survive. Some of my creditors are unhappy and have been sending me demand letters. I can sometimes manage to squeeze $20 - $50 a month for optional expenses. I have no access to investment capital through loans or sale of assets.
Of course you may not fall exactly into any one of the three categories above as there may be spillover characteristics from anyone to another. You can however, choose what may be most applicable to you when you made your 'breakthrough'
For me; my financial profile was 'managable' when I made my first $170. in about 22 days. That was the start of commissions of over $300 a month for 3 consecutive months, I'll always remember those four (4) months.
What about you? What was your financial profile when you made your breakthrough?
LB.
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MValmont -
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Kay King -
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George Schwab -
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