How To Build Wealth When You Have NO Extra Cash or Credit Cards

by Don Keith

One of the fastest ways to start building wealth is with one of the free online business building franchises. I've mentioned before how these franchises lead you in a step by step fashion down the road to significantly increasing your online profits. You have also undoubtedly heard that, in order to become truly wealthy, you need to have a large flow of residual monthly income.

Residual income is that income which keeps flowing to you after you have quit working. It can come from investments of large amounts of cash. It can also come from a business which has grown and matured to the point that there are enough trained leaders within the organization to keep the business running and generating cash in perpetuity (forever).

The challenge (and opportunity in disguise) is when you are trying to get started building a residual income and have no cash with which to work. Although frustrating, there is a BIG silver lining there if you will see it. The silver lining comes in the fact that there are far more people looking to make money (who currently have none to spare) than there are ones who have cash or credit capacity to invest in the business. Once you have found a system that works for someone with no cash and no credit, you have an unlimited amount of future prospects. You can give hope to those who now have no hope. Become a success and bless and brighten the world because you have done so.

Following a proven system is the surest and quickest road to riches for most people. Join and start learning with one of the free online business building franchises. Even though the system and training are free, they still recommend that you invest in a number of tools and services. That is the wisest approach for anyone that can find a way to make those investments. Those paid tools and services will significantly accelerate your business building experience. For those without cash or credit, there are still ways to begin.There are lead and list building services, auto-responders (needed to keep in touch with your list), traffic exchanges and a multitude of advertising medium and other services. There are domain names and web hosting, conference and communication services, business networking communities, blogging and RSS services as well as a plethora (whole bunch) of Search Engine Optimization (SEO) techniques and services that are all helpful in building your business and accelerating your business to a profitable position.

It can seem almost overwhelming at first, and to one who has "NO CASH TO SPARE", it almost seems like an impossible task. This sense of overwhelm makes you more vulnerable to the seductive call of the many "something for nothing" scams out there. Be careful - there is no such thing as a free lunch. You've been in the world long enough to know that… so QUIT buying lotto tickets and listening to the "we'll do it all for you or for free" songs that you hear sung so often. Learn how you can earn your lunch… and your education … and your car… and your financial freedom for the rest of your life. It is very possible. There is a way - likely many ways.

Here is one roadmap for the "Cashless Entrepreneur". Step one; be realistic and understand that it is going to take more effort (and the right kind of effort) than if you had cash to invest into your business and your education. THINK. A Doctor goes into debt $100 - $200,000 or more and takes eight years of his/her life to make a good income. Those eight years are also, long years of hard work and sacrifice. A McDonald's franchise can cost close to $2,000,000, take months of negotiating and planning, many weeks of training and then usually a year or two of working 50-70 hours per week.
If you want financial freedom, do you want it enough to work and sacrifice for it? If not, go get a job flipping burgers somewhere, rent an old trailer with cable TV and see if that makes you happy. It take wealth to have an abundant life where you can do things for yourself and others almost without limit. Are willing to pay the price to get a life of quality and fulfillment?

When you're ready, here's what you can do. Now that you know you're going to have to work, the next thing is to find a good mentor or proven success system or preferably both. Find a proven process and if possible a person who cares about you and will work along side of you (not for you), showing you how to avoid the pitfalls and what to learn and do. With those two criteria met, you will be able to "learn how to fish" (as opposed to someone just feeding you a fish for a day). If you are wise, you are building for a lifetime, not just trying to pay off some bills.

OK, "But how do I do this when I have no cash and no credit?",you say. Here's your checklist.

1. Get into one of the free online business building franchises and start learning from those who have done it. Learn everything you can. Do everything they tell you to do that does not take cash and don't worry about the things that do - you will start getting them once you start a cash flow from free resources and hard work.

BIG CAUTION: One of your biggest challenges is going to be avoiding the lure of thousands (literally) of offers that are all made to sound so good. You
must choose what system / mentor you are going to follow. Once you make a choice (like marriage), then put your head down, focus and work to make that choice the best for you. I have heard from people than have spent YEARS looking at (and sometimes "trying") one "opportunity" after another. Marry your chosen "free franchise" and stay loyal to it until it proves itself "unfaithful" or until you start to see the good fruits that come from careful and well directed labor over time. Give it at least 6-12 months when you start with no cash. If you're not willing to make that commitment up front, quit kidding yourself - you are NOT ready for true wealth yet. Just go get a job.Recommendation for the best free franchise system with multi-millionaire mentors: http://PayItForward-4-Profits.com

2. Join Free Traffic exchanges and start clicking (looking at other peoples sites) and building up credits. Discipline yourself here - do not go chasing all the "great" offers you see. You are doing this to build your own advertising credits. FOCUS. If something is highly interesting to you, right click the page and save in in your favorites in a "High Priority to Review" folder. Then when you are "off the clock", you can go explore these.
Recommendations: Traffic Swarm - http://www.trafficswarm.com/go.cgi?548356
Top Surfer - http://topsurfer.com/newuser.cgi?referer=youwin

3. Join a Free Advertising Site - preferably one with a good affiliate compensation plan so that you can make money when people join and upgrade their membership. This should be a company that will pay you as an affiliate through PayPal if you choose.
Recommendation: FreeAdDepot - http://www.freeaddepot.com/?aff=22809

4. Join PayPal so you can start getting your affiliate earnings deposited there and then you will be able to use those "gross revenues" to "fund" some of the other tools. Even if you don't have a credit card to your name this will allow you to start making online purchases almost anywhere with the earnings that are deposited in your PayPal Account.
Sign up with PayPal here: https://www.paypal.com/us/mrb/pal=8JX3JFJUK3PPE

=== Those 4 steps will get you started - all for free. ====
Upgrade and "invest" once the cash starts to flow.

5. As soon as you get a little money coming in, join a good MLM that is inexpensive (like $10-$20 / month) but one that pays good "fast start" bonuses so you can start earning money. The best "by far" that I have found is GDI or Global Domains International. Log in and watch the 7 minute video http://www.website.ws/youwin

6. Once you can afford it, a good auto responder will be the first regular business expense you will want to incur. That will cost about $18 - $20 per month. From this point on, just follow the fast Start Traffic School and the Success Guide in the Member's Area at http://payitforward-4-profits.com/ .

Once you login to the Members Area of PayItForward4Profits (or PIF4P), start listening to the recorded training and following the steps. This is a well proven path that has had unprecedented success. Follow the system with focus and persistence and you will succeed.

You have no GOOD reason not to develop a very nice online income if you are willing to focus, discipline yourself to follow the proven path and work consistently. Your sponsor and / or the system will help you every step along the way. This is the time to move toward a better life for yourself. Determine your next step from wherever you are and then ACT. Take massive action again and again until you achieve an abundant RESIDUAL income - then you will have your Freedom! Get out of bondage. Start Now!