Thank you for visiting Mommy Lynn Blog. My name is Will and I am from Kuala Lumpur, Malaysia.
The above is a picture of me and my wife taken when we went to Taiwan.
My wife and I have been building our network marketing business using the BE International business opportunity since March 2018.
We did quite well in the business.
Our trip to Taiwan was fully sponsored by BE International when we qualified for the BE Lifestyle Travel campaign.
BE Lifestyle Travel campaign is a sales campaign held twice a year where the qualifier can get to travel overseas free of charge.
This is one of the many benefits building the BE business.
Not too long ago, I wrote an article explaining how a man above the age of 40 can generate passive income by building a network marketing business.
A man in his 40s still have around 20 years for him to save up for his retirement.
He still have time to grow his EPF account before he has to stop working when he turns 60 years old.
However, for a man in his 50s, he only has about 10 years to work and save up for his retirement.
The fact is, most Malaysian do not have enough money saved up for retirement.
According to www.nst.com.my:
“Will Malaysia soon face a retirement crisis, given that almost 40 per cent of its citizens do not have a retirement plan?
Only 4.0 per cent of Malaysians could afford retirement, according to the Employees Provident Fund (EPF) calculations from the previous year.
Increased expense of living in today’s world and withdrawals of substantial portion of their savings from the EPF during the pandemic had caused some members to experience poverty even before they can retire, a market insider said.”
Time is running short!
When you are in your fifties, probably you are in a senior position in your workplace and it is unlikely you can claim overtime.
Even if you were to work extra hours or on the weekends, probably you won’t be paid extra due to your seniority in your office.
If you were to start a part time home based business, probably you won’t have enough time to focus on it because you are busy with your office work.
This article is not meant to be sexist because women in their 50s are also facing the same issue of having to retire in the next 10 years.
What option do you have?
How can you build a passive income stream when you have limited time?
The solution is to use leverage.
You have to use leverage to increase the time you have to build passive income.
You can use the power of leverage in building a network marketing business.
You may be saying, “Direct selling, MLM or network marketing business is not your cup of tea”.
But now that you are in your 50s, what other low risk business option where you can use leverage to create passive income do you have?
As far as I know, network marketing can give you that option.
Robert Kiyosaki actually wrote about the power of a network marketing business to generate passive income in his book The Business School, For People Who Like Helping People (Rich Dad’s – The Eight Hidden Values of a Network Marketing Business, Other Than Making Money).
If you didn’t know our story, my wife and I was looking for a business opportunity back in 2017.
My wife saw a comment on Facebook on how a stay at home mom can make an extra RM1000.00 per month at home through a new business opportunity.
When my wife told me that she found a great business opportunity, I had a feeling that it was direct selling.
I really didn’t want to do MLM business because I have tried it twice and failed when I was in my late twenties.
Reluctantly, I had to do the BE business because my wife needed help to build the business.
We were in our early 40s back then and luckily things turned out good for us.
Back then we weren’t thinking of earning passive income because we just wanted to earn a few hundred Ringgit extra per month.
But as we kept building our BE business, we kept sponsoring more and more people as our customers into our team.
Most of them are just product users and a few became business builders.
After 2 years of building our network marketing business with BE, I noticed that the commission and bonus generated from all the product users in our team was quite substantial.
However, the income is not pure passive income because we still have to provide customer service to them.
It is a semi-passive income!
This was as close to passive income as we could get.
Nonetheless, we are very grateful for what we’ve achieved so far.
How would your lifestyle be different if you have RM2000.00 passive income coming into your bank account every month?
This is not something unachievable because my wife and I did it.
If you have limited time to build a passive income stream before you have to retire, you can do so by building a network marketing business by partnering with BE International.
If you are above the age of 50 in Malaysia, the opportunity is still available for you to earn passive income with BE.
Now that you know it is possible, what are you waiting for?
You’ve reached the end of this article.
Before you leave, please take some time to read the disclaimer page on this blog.
The content above are for information and educational purposes only.
If you want to explore the network marketing business by partnering with BE International, click the link below to contact me on WhatsApp and I will assist you.