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100% life: alice dymally

12/14/11 1 Comment

I graduated college….now what?

In my own experience, after college graduation I quickly found that working for someone else for the next 45 years (45 years!!!!!) until retirement was not my idea of fun or success. Further, we live in times where relying on one source of income is as risky as flying a plane with one wing. Consider this. You live in a bathtub. Water is your wealth and cash flow. You want to fill your tub. To create wealth & stability, doesn’t it naturally make sense to turn on more than one faucet? Perhaps, as many faucets as you can properly manage? What if your sole faucet is diminished or worse yet cut off completely? What if your tub gets a leak? The issue is many people still rely on their jobs as their only faucet or source of income. For financial security we have to diversify our income sources.

Gone are the days of the ancient blueprint: earn good grades, graduate college, get a good job, and live the American dream. The American dream is filled with debt, spending more than we earn, expecting more than we work for and looking outside of ourselves for solutions to problems that only we can fix.

So what alternate sources of income are available while still maintaining my 9-5??

No matter the state of the economy, there is always income to be made from real estate. Whether the market is up or down, people still need shelter.

Multi-level or peer to peer marketing companies offer a great opportunity to run your business with minimal investment. As with anything else, do your research and consider reputable companies.

Luckily, we are in the information age which opens up countless doors. If you have good information, that people are interested in, with a little creativity, marketing, and a means of standing out from the masses, posting ‘information’ on the internet can generate revenue. Just ask Arianna Huffington or Necole Bitchie. Creating the next popular site or blog, while extremely competitive, is a viable option.

Great reading resources:

Rich Dad Poor Dad or The Cashflow Quandrant by Robert Kiyosaki

Think & Grow Rich by Napoleon Hill

Your First Year in Network Marketing by Mark Yarnell & Rene Reid Yarnell

The Art of Influence by Chris Widener

Crush It by Gary Vaynerchuck

The Slight Edge by Jeff Olson

Success Magazine, Editor Darren Hardy

anything by Jim Rohn or Brian Tracy

Atlas Shrugged by Ayn Rand (Okay this just happens to be my favorite book & probably the favorite book of anybody who’s read it. Check it out.)

Like with anything else, good results take time and effort. But the right amount of persistence and hard work can yield a big payoff! Cheers to your wealth!

Alice Dymally is a graduate of Princeton University. She is presently a credit risk analyst for OneMain Financial, an Independent Beachbody coach, and budding real estate investor.

click here for more 100% life.

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100% life from concentrate

12/14/11

i want to announce the launch of a new series on atolemdro, 100% life.  the project will consist of people doing guest posts about themselves.  the goal is to give individuals an open platform to express who they are and what they’re about.  as a by-product, i feel that we as an audience will be able to benefit from their thoughts, feelings and experiences.  be on the lookout for the first entry, which will be coming soon.

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