KEY TO FINANCIAL FREEDOM By Kulin & Mina Desai
Summary
TLDRMr. Colleen Desai, a successful business owner, discusses financial freedom, emphasizing money, time, and security. He highlights the need for money to afford desired lifestyle choices and stresses the importance of having time to enjoy one's earnings. Desai introduces the concept of 'private franchising' as a path to financial independence, illustrating how leveraging time through duplication can lead to multiple income streams without the constraints of traditional employment.
Takeaways
- 🎓 Colleen Desai has a B.Pharm degree and MBA degrees in Marketing and Finance, with professional experience at Citibank USA and as a successful independent business owner.
- 💰 The concept of financial freedom is introduced, emphasizing the importance of having enough money to make choices freely, not just to afford necessities.
- 🚗 Desai uses the example of car preferences to illustrate the financial constraints people face and how wealth would influence those choices.
- 🏠 The script discusses the idea that many people do not live in their dream homes due to financial limitations, suggesting that achieving financial freedom would enable living in a home of one's choice.
- 👗 It highlights how financial limitations affect smaller decisions, like choosing between a liked and an affordable dress, to illustrate the impact of money on daily life.
- 🍽 The script uses the restaurant scenario to point out how people's choices are influenced by their financial situation, indicating the need for financial freedom.
- ⏰ Time is highlighted as a critical factor in financial freedom, with the suggestion that one should have enough time to enjoy the fruits of their labor.
- 🔄 Desai shares his personal experience with the work-life balance, emphasizing that financial freedom is not just about money but also about having the time to enjoy life.
- 🔐 The script introduces the concept of income security as a component of financial freedom, suggesting that one's income should not solely depend on their own labor.
- 🌐 Desai explains that diversification and duplication of income sources can lead to financial freedom, using the franchise model as an example of how to multiply one's income potential.
- 🔑 The importance of leveraging time and money through duplication and diversification is emphasized as a strategy to achieve financial freedom without the need for significant capital investment.
- 📈 The script concludes by encouraging listeners to consider their current financial situation and whether they need to change their approach to achieve financial freedom.
Q & A
What educational background does Mr. Colleen Desai have?
-Mr. Colleen Desai has a B Pharm degree from L.M. College of Pharmacy in Amdabot and MBA degrees in marketing and finance from Long Island University in New York.
What was Mr. Desai's role at Citibank USA?
-Mr. Desai worked at Citibank USA as a Vice President in charge of the computer department.
What is the definition of financial freedom according to Mr. Desai?
-Financial freedom, as defined by Mr. Desai, is having enough money to meet one's needs and desires without being constrained by financial limitations.
How does Mr. Desai suggest determining if you have enough money?
-Mr. Desai suggests evaluating if you can afford the things you desire, such as the type of car you drive or the house you live in, to determine if you have enough money.
What is the importance of time in achieving financial freedom as explained by Mr. Desai?
-Mr. Desai emphasizes that having time to enjoy the money one makes is crucial for financial freedom. If one is constantly working without time to enjoy life, they haven't achieved true financial freedom.
What is the difference between job security and income security as discussed by Mr. Desai?
-Job security refers to the stability of one's job, whereas income security refers to the ability to continue earning income without being solely dependent on one's own labor or a single job.
How does Mr. Desai relate the story of Sam Walton to financial freedom?
-Mr. Desai uses the story of Sam Walton, who drove a pickup truck not because he couldn't afford a luxury car but because he preferred it, to illustrate that financial freedom is about having the choice to do what you want with your money.
What does Mr. Desai suggest as a way to achieve income security?
-Mr. Desai suggests achieving income security through diversification or duplication, meaning having multiple sources of income that do not rely solely on one's own time and effort.
What is the concept of 'private franchising' mentioned by Mr. Desai?
-The concept of 'private franchising' is a business model where individuals can leverage the success of others by duplicating and diversifying their income streams without the need for significant capital investment.
How does Mr. Desai link the idea of 'leverage' with financial freedom?
-Mr. Desai links 'leverage' with financial freedom by explaining that leveraging one's time or money through business models like private franchising can lead to increased income without being limited by the number of hours in a day.
What are the three qualities Mr. Desai believes are necessary for someone to be ambitious and achieve financial freedom?
-The three qualities Mr. Desai believes are necessary for ambition and financial freedom are recognizing one's needs, being willing to listen and learn, and being open to making changes.
Outlines
💼 Introduction to Mr. Colleen Desai and Financial Freedom
Mr. Colleen Desai is introduced as a successful entrepreneur with a background in pharmacy and business administration. He discusses the concept of financial freedom, emphasizing the need for money to achieve it. He uses examples such as car ownership and housing to illustrate the point that many people's choices are limited by financial constraints. He also touches on the importance of having the time to enjoy one's money, suggesting that financial freedom involves both adequate money and time.
🕒 The Importance of Time and Work-Life Balance
Mr. Desai shares his personal experience working in a bank, where he had to sacrifice time with his family to earn money. He reflects on the irony of working to provide for one's family but in the process losing time with them. He introduces the idea that financial freedom is not just about money but also about having the time to enjoy the fruits of one's labor. He also discusses the concept of income security, which is different from job security, and how losing one's ability to work can result in a loss of income.
💹 Creating Income Security Through Diversification
The speaker explains that income security comes from not relying solely on one's own labor for income. He suggests that diversifying income sources can provide security. He contrasts the traditional job model, where time is directly traded for money, with business models that allow for the multiplication of working hours through hiring others or franchising. He argues that the limitation of earning potential in a job is time, and to increase income, one must find ways to multiply the effective working hours.
🚀 Leveraging Time and Capital for Wealth Creation
Mr. Desai discusses the concept of wealth creation and how most people are limited by the amount of time they have to work. He suggests that to increase income, one must either increase the hourly wage or the number of hours worked. He then introduces the idea of franchising as a model that can multiply working hours without requiring additional capital. He explains how a franchisor like Ray Kroc of McDonald's can leverage the work of many franchisees to create significant income.
🌟 The Private Franchise Model and Its Benefits
The speaker introduces the concept of private franchising as a way to achieve financial freedom without the need for significant capital investment. He suggests that this model allows individuals to become franchisors themselves, thereby duplicating successful business models and increasing their income without directly working for it. He emphasizes that this model can provide the financial freedom that includes money, time, and security.
🚗 Choosing the Right Vehicle for Financial Freedom
In the final paragraph, Mr. Desai uses the analogy of choosing the right vehicle for one's destination to emphasize the importance of selecting the right path to achieve financial freedom. He challenges the audience to evaluate whether their current jobs or businesses are the right vehicles to reach their financial goals. He encourages those who are not satisfied with their current situation to seek out new opportunities, like private franchising, to achieve their desired destination of financial freedom.
🔄 Embracing Change for Financial Independence
Mr. Desai concludes by stressing the necessity of change to achieve financial freedom. He argues that without change, one is likely to remain in a state of poverty. He encourages the audience to leverage their time through the concept of duplication and to embrace the private franchising model as a way to achieve financial independence. He ends with an invitation for the audience to join him and learn more about this concept.
Mindmap
Keywords
💡Financial Freedom
💡Income Security
💡Duplication
💡Diversification
💡Private Franchise
💡Time Leverage
💡Wealth Creation
💡Ambition
💡Teachable
💡Change
Highlights
Introduction of Mr. Colleen Desai, a successful business owner with a background in pharmacy and MBA in marketing and finance.
Definition of financial freedom and its importance in life.
The necessity of having money to achieve financial freedom.
The correlation between financial freedom and the ability to afford desired material possessions like cars.
The example of Sam Walton's choice of driving a pickup truck despite his wealth, illustrating personal preferences over financial capabilities.
The importance of owning the car you like versus what you can afford as an indicator of financial freedom.
The concept of living in a house of your choice as a measure of financial freedom.
The role of financial freedom in the ability to travel to desired locations.
The impact of money on everyday decisions, such as choosing between two dresses.
The metaphor of reading a restaurant menu to determine financial status.
The balance between earning money and having time to enjoy it.
Mr. Desai's personal experience of working long hours and missing out on family time.
The realization that working for someone else may not lead to financial freedom.
The concept of income security as a component of financial freedom.
The idea that financial freedom is not just about money, but also about time and security.
The importance of diversifying income sources for financial freedom.
The concept of duplicating or diversifying income through business ownership.
The role of time as money and how to increase the effective hours in a day to make more money.
The concept of franchising as a way to multiply effective working hours without additional investment.
The opportunity of private franchising as a path to financial freedom.
The need for financial freedom and the willingness to listen to and implement new ideas.
The importance of change and adapting to achieve financial freedom.
The concept of leveraging time as a means to achieve financial freedom.
The final call to action to learn more about private franchising and take steps towards financial freedom.
Transcripts
it is my pleasure to introduce mr
colleen desai
mr desai has a b farm degree
from lm college of pharmacy in amdabot
he has also received mba degrees in
marketing and finance from long island
university in new york mr desai has
worked in citibank usa as a vice
president in charge of computer
department before starting his own
independent international business
currently mr desai is a very successful
independent business owner and who's who
in the private franchise business
so please help me welcome mr colleen
desai
[Applause]
[Music]
what i'm going to talk to you today
is
how to achieve called financial freedom
i'm going to give you a key to a
financial freedom
okay now what is financial freedom
number one
because most people have no clue
okay
and i had no clue even though i'm a
finance major
okay
and
so let me define that for you what's
financial freedom is all about okay
number one would you agree that you must
have at least some money
right how many of you believe you need
some money
right
now my question to you
is are you making all the money that you
need
that is a question right
now sometimes very hard question you if
you're not sure let me give you some of
the clue
let's say for example car
number one do you have a car right
and if you do then what kind
do you have the car you like or do you
have the car you can afford
see that's a question if you if money
was no challenge would you drive
mercedes
right would you buy bmw
right all those kind of cars right why
not the only only reason you don't have
that car is because you don't have that
money
right so that tells you you need money
now you don't have to be in cars
because i i can tell you a story about
late sam walton you know owner of
walmart and sam's clubs and you know
he's a big tycoon in the states back
then he used to drive what we call
pickup truck
which is the cheapest vehicle you can
buy actually okay and that's only when
he drove why because he he liked driving
that pickup truck
now he could have driven any car he
wanted he had that money but he drove
because he liked that car now i want to
ask you a question and be honest about
that that the car you driving is because
you like it or that's only one you can
afford
now car is a big thing second thing we
can talk about is a house
are you living in the house of your
choice
right probably no right
why
again money
if money was no object can you picture
yourself living in a house you really
like
right
now some of you may not be in a house
say i don't care because i love
traveling so you know i really don't
care about house because i'm always out
and now if that's the case are you
traveling to the places you really like
see these are the questions will tell
you do you really have enough money or
not but these are the big things let me
tell the small things which can tell you
let's say for ladies um for example you
went out to buy some
dress let me tell you exactly what
happened
you saw two dress
one you liked and one you came home with
right you know what i mean
right
because those things stops you from
money is a object here which stops you
from getting what you want okay
even simpler thing that that you know
when you go to restaurant
that's the ultimate taste whether you
need money or not okay when you go to
restaurant how do you read the menu
left to right or right to left
that tells you whether you need money or
not
okay so again that's the question do you
really need money now a lot of people
would go out and tell you that oh you
know all you guys talk about is money
money money you know money is not
everything you know and um
they are pretty pretty much right in
that case you know uh there are bigger
things in your life than money you know
a lot of people say there's so many
bigger things in your life than money
and they are right you know what we call
them bills
bills are bigger than the money you have
right
so again that's a question now the
second element to financial freedom
is that you should have a time to enjoy
the money you make
otherwise what good is the money if you
don't have time to enjoy it
okay see if you are let me tell you if
you are putting too much time
to earn the money that means you have
less time to enjoy the life would you
agree right
or if you have too much time to enjoy
for yourself you don't have too much
money
right so you you need a balance
you know one without other has no value
okay i'll tell you my um
you know personal um experience in this
field you know when i used to work in a
bank
i used to wake up five o'clock in the
morning to go to work
and i'll be lucky if i come home by nine
or ten
is that anybody here feel the same way
and i'm sure so many few are in that
field okay
when i'm going to work in the morning
children's are sleeping when i come home
they are sleeping
okay i don't even get to see them
during the whole week
so i used to tell my wife mina that you
know make sure they see my picture you
know
otherwise on sunday they might call me
uncle you know
so
i was asking myself what am i doing
what am i doing
that you know i'm making see the thing
was and i'm sure most of you probably
gonna start thinking about this thing uh
if you are listening to this one ask
yourself
and think about this thing you know i
said you know what i was doing was my
family right i was going to work
for my family right that's why most of
you do that right
you going out to work to earn the money
because you want to take care of family
you want to give the finest thing to
your family you want to make sure your
family is ok your children have the
things they want they can get a better
education all of those things we want
them
good things for our family right and
that's the reason we go out to work but
the same thing
was keeping me away from my family
and i said this is something wrong here
okay so my my thing here is that
the financial freedom does not only
include money money alone will not make
you free
see some of you
own business of your own
i have a question for you no
do you own the business or business owns
you
that's a question
okay i have some friends who owns
business i have a friend of mine
who has a business in state and they had
a wedding of their son but their
business is such that either husband or
wife can attend would you believe that
and that's what they had to do the
mother could not come to the wedding of
their own son
because of that business okay because
if you are that's nothing but a slavery
to me
okay
and that's what had happened to me when
i went to united states you know i
became slave of a dollar bill
over there and
i had to go and work and there was no
option to it
and the third element to financial
freedom
is security
now i'm not talking about job security
or business security because that's not
important
because if you lose one job you can
always find another one
okay you may take a couple of days
couple of months you may have to move to
another place but you can always find
something else
but what i'm talking about is something
called income security
which is quite different than job
security okay
see the income security lies in you
specifically your ability to produce
the day you lose your ability to produce
what's your income
zero let's say if you are a number one
surgeon
you lose your arm now what's your income
you know you know everything about
surgery but you cannot perform well
you lost your ability to perform i'll
tell you my father passed away when i
was five years old
he was a government officer here and
everything was given by government we
had servants and house and you name it
but the day he was gone everything went
with him
okay
he had a heart attack and all of a
sudden without any prior notice he was
just gone
and next day we were poor and those of
you ever heard my story you know that
you know i grew up my entire childhood
in poverty
okay
and
so
the reason was because my father had no
income security
now income security can only only one
way to establish income security is when
your income does not depend on you
if you are the hundred percent
responsible for your income you have
absorbed zero security
now this was just you know my father
case was you know
um
god's hand nothing you can do about but
there are you could be alive and lose
your uh income security your ability to
produce income
for example how many of you are in uh it
profession right now right
um one new language comes from new
technology comes what happens to your
ability to perform
you have to retrain yourself and if you
don't retrain yourself you lost your
ability to perform
sometime whole industry can go away
you look at in a
automobile you know there's something
called carburetor
okay carburetor is being replaced with
something called fuel injection
right as soon as the fuel injection
technology come everyone who was
associated with carburetor
they lost their ability to perform
okay so
you without any of your fault you can
lose it
sometime new invention can do that okay
there is a
story about federal express
federal express was invented based on
only one
service to deliver overnight letters
just about after federal express was
getting in a business pretty good
there's a new thing got invented it's
called fax machine
now as soon as the fax machine was
invented how many people need overnight
letter delivery anymore
right all of a sudden they lost their
business
they had to re-group themselves and come
up with a parcel service actually
so what i'm saying is that you could be
doing great right now
but right now somebody somewhere
inventing something you have no idea can
take away your job without any of your
doing
so as long as your income depends on you
you have absolutely zero security
and i'm going to show you exactly how to
accomplish this
how do you get
income security
that is done through concept called
duplication
or something called diversification
you have to diversify your income
through various different sources
in other words you should have a
multiple sources of income
now in order to do that
before we understand that let me explain
you
how the wealth is created okay how many
of you heard that time is money
right because only way to make money is
time you take time convert into money
okay a job
at service what we do
we take our time and trade it for the
money right you work eight hours you get
eight hours equivalent money if you work
10 hours you get 10 hours equivalent
money if you work 12 hours you get 12
hour second night the more you work more
money you make right reason being see
there's only two things if this is the
case
this is only two solution either
you you have more money per hour
or you have more hours in a day and
that's only two so options you have
right
because once you
every profession you have a maximum
amount of money you can make
you are an accountant you are an
engineer you are a doctor you are
whatever your profession is you know
what the maximum income can you produce
per one hour
you can get more education that's what i
did after pharmacy got an mba degrees
and this and all that did was increase
my hourly rate
but it did not increase number of hours
i had in a day
now
if i don't know how many of you agree
with me or not but do you know that
every 10 years on just about average
prices doubles would you agree
you look at prices on anything
okay just about every 10 years prices
doubles but does income double every 10
year
no now what do we do then
you increase number of hours in a day
right let's say you need about two
double your income you instead of
working eight hours a day you start
working 16 can you do that
sure do you know some people doing it
sure now you need to make three times of
that money now what do you do add
another eight hours right yeah you can
do that it's 24 hours in a day who said
you need to eat and sleep and all those
nice stuff right
right you still you know it's not
practical but it's probable
if you want to really need to you can
work 24 hours right
but now if i want to increase another
one more time what i do can i add
another eight now
i ran out of time
right but if you are intelligent like i
am you know what i did i got married
another 24 hours
you know what i mean
right
but legally i couldn't do that one too
many times
right
so the question here is
what do i do then
so the problem is time
the limitation you have is the time
so what you need to learn to increase
number of hours in a day and that's why
people do business
at business what do you do
you can you can employ some people for
you right so you can increase as many
hours as you want right look at company
like coca-cola or atnt or ibm why do
they have more income because there's
more number of hours in a day because
that's actually a diversification
right but you and me as an average
person do you what are your chances you
can increase number of hours especially
if you are working for somebody your
chance are zero
the maximum you can do is 24 hours
if you have a business you can do it but
it will require what
capital you need money so money becomes
your limiting factor
so that's why there's not too many
people out there are wealthy because
they're not because they don't have
talent
see education and income has absolutely
nothing to do with it
as long as you using your education to
work for somebody else you will never be
financially free
now we know this thing so what are the
ways to do the next business concept
which came about which can accomplish
this
which can increase number of hours in
your business without putting any money
was a concept called franchise
in franchise concept what happens
someone we call franchisor which like
for example mcdonald for example you
know ray kroc is a franchisor and then
you are the one who you you buy
franchise you are called franchisee
and as a franchisee you invest the money
right and then you give percentage of
income go to franchisor
so if ray rayquak has a ten thousand
mcdonald's and everyone's giving
he get ten thousands
he's getting ten percent from every
mcdonald
that means he's making that much of more
money why because he has that many
number of hours if every mcdonald opens
10 hours in that 10 000 mcdonald you got
100 000 hours going into his business
and since you have more business going
into your business you obviously make
more money because remember time is
money
but here the advantage is he didn't have
to pay for this time
[Music]
if you had a traditional business you
will paying for that time if mcdonald
was not a franchise operation he could
have still have ten thousand mcdonald
but he had to invent you invest money in
every one of those mcdonald's and you
have to hire somebody to work at every
mcdonald's and here to pay every one of
them for their work
so that is the difference now the
opportunity which we gonna talk to you
about okay the person who has given you
this tape i want you to get in contact
with this person and ask this person to
explain to you
this concept
called private franchise
in that we have eliminated some
franchisee
everyone is franchisor that means you
could be in the same seat as raymond
clark of mcdonald
that means you in turn learn from
someone to how to establish your
business and in turn you can duplicate
that business as many times as you want
in this way you'll be able to increase
number of hours in your day
let's say if you have 100 businesses set
up and every business just does one hour
worth of business you'll have 100 hours
in your business where you don't have to
pay for any one of this business
and that is the concept right now
fastest growing concept in the world
and you need to find out
how does this business work
now the question here is
you know this opportunity exists
but number one my question to you is do
you have a need
for financial freedom
because you know as i always say if
you're not hungry
does it matter how good is my food
now you won't even try it because you're
not hungry but if you are hungry you'll
try my food now it may happen that you
may not like my food and that's okay
nothing wrong with it
same way
if you are interested in this one you
need to come and check this thing out
but provided you have a need for money
you have a need for time
i know some of you listening to this one
probably have
more money than
anyone i know of but my question to you
do you have time to enjoy that money
and but the third question is if you are
not around let's say you x yourself out
of your income producing machine what's
your income
okay if let's say if you don't produce
any income for next five years
would you still own the same house would
you still own the same car
for that would you still have same wife
for that matter
okay
that means you don't have a security
okay and if that's the case what are you
doing about it
do you have any other option
see what i'm looking for here is
that if you have a need then the next
thing i'm looking for is are you willing
to listen
because i'm sure every one of you out
there knows somebody who knows
everything do you know somebody like
that
i have a friend
he knows the answer before even i asked
the question
now if somebody knows everything what
can you teach that person
nothing
no i hope you are not that kind of
person
otherwise you obviously you know
everything i know and obviously
you're not going to do anything about it
obviously you're not where you want in
your life
but that's okay because you know
everything but most
majority of people are not like that
most average people are intelligent okay
most people intelligent people know
that something you don't know you don't
know
but there are people out there who are
not so called intelligent nothing we can
do about it okay but
on average people who are ambitious
they have this quality
ambitious people
know
there's a 80 20 rule out there i know
how many of you know that or not
80 percent of the people
are not making in a life
20 people has 80 of the wealth
not fair but that's what it is reason
being these are the three qualities
ambitious people have
now if you have these three qualities
that means you are unambitious i don't
know whether somebody told you before or
not
number one you know your needs you know
exactly what i need you'll be honest
about it you won't just make things that
i don't like cars and i don't like
houses these are nothing but you know
people say oh we should feel comfortable
in whatever income we make whatever god
wants that's okay
this is nothing but
not facing the challenge
and that's the easy way out and 80
percent of the people go through life
with all their dreams along with him the
last day they go along with their life
don't be one of them
just face the challenge and say do you
know i do need money i don't have an
option right now but i do need it
okay
second quality they have is they are
willing to listen to somebody who can
help
them achieve what they're trying to
achieve
they are willing to listen they are
teachable
and the third quality they have is they
are willing to make some change
because obviously you know if you
don't have financial freedom at this
point you don't have enough money you
don't have enough time you don't have
enough security
that means
if you continue to do the same thing
what are your chances you're going to
have something different
none
see somewhere i read the definition of
insanity it says
doing the same thing and expecting
different result
it's just impossible
that means you're going to have to
change and that's the last part of this
three cry criteria i described for
ambitious person is where most people
lose
because they're not willing to change
because change obviously is difficult
people because this is unknown fear of
unknown involved that's why people don't
like to change and that's why they would
rather suffer
than change but ambitious people are
willing to change and let me tell you
why you need to just just say
hypothetically let's say money was no
problem right now
would you enjoy car like mercedes
right how many of you here would love to
drive mercedes
right
do i have somebody likes a bmw
i'm a bmw kind of person you know come
um currently i have a bmw 740 il what i
drive okay it's the best car i'll tell
you you know it's just a great car even
if you go into pothole you won't even
notice it
okay and it's a very
safe car the reason i drive bmw is not
because the luxury i drive because of
safety
because it's a pure steel
if you get an accident i hope it never
happened but if you are in mercedes or
bmw you're going to be safe
now i would rather put my family into
safeguards and save money here and there
okay
and that's what the what the concepts
all about
now in order to make the
now mercedes is a great car
now let's take another scenario let's
say if you have to go on a vacation
would you would you like to go to europe
for example go to you know england and
france and nice countries sure my
question to you
is can you go to european mercedes
answer is obviously no because the wrong
vehicle for the destination you want
right now let's say your destination in
your life is financial freedom let's say
next two to five years you want to
accomplish financial freedom whatever
you currently doing your your profession
your career your job your business
that's your wake up
now i want you to honestly ask yourself
a question is do i have a right vehicle
for the place i am trying to go
and obviously answer is no
and if answer is no you have two choice
either you can
say this says g no mercedes cannot take
me to the europe so
let me go to the place where mercedes
can take me
right most people give up on destination
they'll never
give up they'll never think about
changing vehicle because they don't have
option
okay
so the
key here is that if you really want to
go to europe
then you know you need to change
mercedes it's not a question it's not
whether mercedes is a good car or not
bmw is a good car or not that you're
professional we're not questioning
whether you have a good job or not
whether you're a good business or not
question is is that business or that
job you have is that gonna help you
accomplish financial freedom if that's
what you want
that is the question
okay
now if that's a question
and you are sure that you you definitely
like to reach that destination
then your option is only one and that's
to find a new vehicle and that's exactly
what we are offering to you okay but
it's for you to take a next step now
what you need to do is
get in contact with the person who has
given you this type
and
ask that person to explain to you
the concept called private franchising
and through that have you accomplished
this financial freedom which means you
have plenty of money to do just about
everything you like to do you have
plenty of time to enjoy the money you
make and you have absolute financial
freedom
but here that as i said
do you have a need for this thing
are you willing to listen to somebody
who is willing to help you accomplish
that thing and the last thing is are you
willing to make that change because it
does require
change
only one thing constant in your life let
me tell you is called change
okay if you don't like change say hello
to poverty
because that's the only way it's going
to happen okay
now my mother the last in closing what i
would like to tell you
is the way where this private
franchising concept would work is
applies this principle called leveraging
archimedes said that you know if you
give me a big enough liver i'll leave
the entire world
same way
what i'm talking about most people use
called ink money leveraging you invest
money that's what most people do because
you're leveraging your money but most
people don't have money to level just
like archimedes didn't have a big
deliver otherwise you would have lifted
the world same way if you had a lot of
money obviously you would have leveraged
it so the only thing left is money
after money only thing left is time
so what we're going to teach you is how
to leverage your time because again time
and money is same thing if you have a
time obviously you have money
because only way you have money is
having time
so we are one step ahead and then if you
have a lot of money you can obviously do
leveraging of money also that's what
currently i do because i make a lot of
money so what i do i also leverage money
now
okay so you you'll be able to do both in
that case okay but the trick is you must
know how to leverage your time and only
with that done through this concept
called duplication okay now one thing
i'll tell you this that after
listening to this talk you'll never be
able to tell somebody that i never knew
how to be financially free
so now your next step and come and join
us god bless you and we
looking forward to see you around
[Applause]
[Music]
you
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