1. Taking Charge of Your Financial Destiny, But How…
Many people today know that the only way out of this economic crisis for the individual is through taking financial charge of their life. You may be tired of being a pawn of everyone else but don’t kill your passion by adding an anchor to it like having your joy be your security or enslaving your passion to make the mortgage and the bills day in day out. Running a traditional business is a skill and passion all to itself and unless balancing accounts, inspiring your staff, planning your marketing and your monthly budgets and then making sure it all actually happens is your passion and your skill set, you are just not ready to go into a traditional business. Internet businesses could be another option for you.
Owning or renting a building, paying rates and employees etc like in a traditional business is really unnecessary burden to your dreams and it involves a massive investment of time and money in a whole bunch of areas that aren’t necessarily your dreams or skills. Nearly anything can now be sold on the internet in written, video or audio form. You may be great a baking cakes, don’t open a bakery; post your recipes in any format and the entire world can become your customer and you only do the job once! This will leave the rest of your day free to bake rather than having to bake for every single customer. You could be an awesome artist or builder so ask yourself ” How could I transfer what I do into written, audio or video form that others may benefit from and package it for the internet money”.
No rent, no wages, no insurance, no employees. Labor only once and what’s the risk? No one buys your product…a) This could happen after you’ve invested tens of thousands in machinery and plant and wages anyway and b) In a world market do you think you couldn’t find 100 or 1000 people who share your interest or could use your knowledge and c) there are many proven strategies for making massive internet affiliates and businesses work faster and easier with less cost and time than traditional business. More millionaires are made everyday on line while more than 80% fail just in their first year. So what I am suggesting is the skills and risks associated with traditional business versus online business is something to consider carefully. Either option is no magic bullet to your passions and skills into profit it does take some time commitment and money, no one will do it for you but if you are willing to go into traditional business then internet money is a breeze.
2. Lifestyle of Business
We go into business with a view that it will free us from “working for the man” or from the “golden handcuff” but which style of business is most conducive to a free lifestyle? Owning your own traditional business can certainly be like running a day care centre, but for adults instead of kids and you have to pay them. Traditional business owners especially in the early stages generally work harder longer hours than anyone else on their team, not quite the Richard Branson cruising around in Learjet’s life just yet. There is no more, if not less security in running your own traditional business than in a job. 80% of new businesses don’t survive the first year and the statistics get harsher each year thereafter.
When it comes to knock off time your brain quite often doesn’t know the meaning of the word relax. You’ll find this out at midnight when you’re still trying to work out your next move and how to pay the rent and the secretary. It is harder to get loans and credit in your own business than in it is for someone who works in a grocery store with regular far less hours than yours! Owning your own traditional business is no guarantee of a free lifestyle. Preparation, business experience and planning are the key, not just your passion and skill. There is a distinction to be made here, it’s all in the type of business you own or in the team that helps you and the proven plans you follow. The World Internet Summit could offer some great alternatives to follow. Owning your own business is certainly the only way to take control of your life and live your passions and enjoy real security, just be aware that turning your passion into a job isn’t your only solution. Owning and running and earning internet money is a very different picture! You already have a computer and can use a search engine and click a mouse.
You are already spending time on the net, so you have the time and skill you need to do this. If you’ve ever convinced someone to go to a party with you or someone has watched a movie on your recommendation, you have all the sales skills/ business skills you need. Right now you have all you need to make a huge online business, do you have everything you need right now to run a traditional business? Internet can be built with spare time while still in a regular job for security, this doesn’t happen with traditional business. Right here is the biggest difference the huge gap in the time and money and skill sets and resources between opening a traditional business and that you could start an internet business today. And when your internet business is up and running it will take even less time than starting and it can be run and maintained anytime of the day for as little or long as you like and it can be run from anywhere in the world that you can take a laptop. Now that’s what I consider control and freedom of lifestyle. Some choice….
3. Following Maps for Success
Following existing plans is simply a must for business success. So which plans are easier to find and follow traditional or internet? Finding a shop, hiring an accountant, putting up some signs and getting your cousin to help with some flyers and then working your tail off or 40 years is certainly a Plan, but is it a proven plan that will give you your outcomes of freedom and security to follow your dreams as well? Is it the only choice? Spending your spare time of an evening on the internet instead of watching TV. to build up websites that will generate passive income worldwide for the rest of your life is another plan perhaps. There are many rags to riches stories of entrepreneurs but there are, percentage wise a lot more rags to rags stories. That’s why the rare few that have forged a unique path are idolized.
The point is you don’t have to reinvent the wheel when staring to go into a business. In fact that is dumb place to start. Most of us are not Branson’s and Trumps or Tom Hua’s but we can hang onto their coat-tails. Our heroes forged paths for a reason, for others to use them and make their path smoother than the heroes had it. Which path will you follow? People have been running businesses on this planet for thousands of years and getting it wrong and right! Their experiences are available to you in libraries and on the internet. You must have an experienced trust worthy mentor. Whether that mentor is in person or in a tape or a book is irrelevant. But it must be someone who has the results you are seeking, not someone who just talks the talk, like a neighbor or someone your Aunties best friend once heard of. Who’s business model will you follow? Do they have the lifestyle you desire?
Biographies are a great resource to find the “how” of running businesses and the necessary attitudes. Franchises that are turnkey operations wonderful they eliminate many of the associated risks and lay down clear paths, but they require large up front money, still require time and labor, your still exposed to investment risks every week and it is still a shop that can only service so much business in your area. They still have ceilings and limitations. But the potential and costs to get involved in online affiliate programs wipes the board and is available to anyone like you today! Internet money can be a realistic and much safer choice. There are so many resources and summits at your finger tips with the internet just get to it and find them, as your doing right now it is easy to find effective online business models because so many people are doing it. More new millionaires are made online today and every year than in nearly every other business and investment strategy.
The online world is your market which means there are no ceilings to potential to earn as opposed to a shop front space. If you’re already reading this then you’ve already bought plant and equipment and have a place to run your business from and are already covering overheads. You are over half way there already. If you have ideas, talents or knowledge to share then you are nearly there! You may need to buy extra software or purchase training tools to get hold of and be able to action proven plans. As I said there are no magic bullets or magic wands, in life you get what you pay for! There are plenty of internet get rich free opportunities, but beware, do your homework! Look for testimonials, and quick responses from the providers, do they sound desperate, how many things are the offering you to buy on one page.
Does it look professional and are the products or backers ranked highly naturally? Are they truly global? Do they have professional graphics and sales letters? In short do they present themselves the way you’d like to present yourself? Do they have what you want? Have they made real internet money themselves? Once you look around you will find many inexpensive, low risk ways to model successful online business that can win your financial freedom where the same cannot be said of traditional businesses.
4. Lifestyle is the Outcome.
What is it you really want! Both for the business and for your life. Once you know your outcome choosing which business style will be easy. When most people think about getting into business they are thinking “I’ll do what I love, I’ll have no Boss, I’ll set my own hours I’ll have other people do all the boring stuff for me and in no time I’ll also be rich because I know I’ll be better at business than my current boss and he/she is loaded!” All of this can be had, and it can be had in either style of business, so in terms of outcome let me repeat make a distinction between doing what you love as your own boss and running a business. They are not necessarily the same outcome! If you love the idea of running a traditional business then great,, that’s your outcome.
If you want to do what you love doing but working out budgets and rents and wages and being an employer is not your thing then that is a different outcome and you need a different plan. Be clear, crystal clear on what you really envisage your traditional business and your life to be like. Write down every detail you can conceive of. (One of my mentors even suggested that I know how many spare roles of toilet paper I keep on hand) Everything you can think of, from stock to furnishings to adverts to hours, licenses insurance and resources (including people, like accountants and lawyers) needed etc This is fun to daydream about and create, it helps to visualize, get a real picture of what’s needed and what’s ahead. Have a qualified accountant look at it with you.
Go over it with your mentor or local council until the picture is complete. Don’t forget hobbies and family and friends time when creating your dream time plan and when your done look in the local telephone book find someone running a business like you envisage and see if they’ll spend some time with you so you can see if your plan is real. What you may find is that it can appear a lot more involved and intimidating than you thought or you may find it boring or exciting. If it’s not the last response (exciting) than traditional business is not for you. But maybe you still want to fire your boss and live your passions unburdened. Is it time to your self or with family, time to study or contribute to your church or charity and community? Write this down, write a picture of exactly what you want that lifestyle to look like. Maybe you are still after the lifestyle and security but don’t need the hassle of traditional business.
There are plenty of phenomenal internet money opportunities available today where with very little skill or time you can set up great passive income like from affiliate programs, butterfly marketing etc that you get into cheap and enjoy a lifestyle where your passion remains your passion unencumbered by having to have it provide security as well. I found so many great mentors, books and online programs for education and business skills I wish I’d read before 16 years of knocking myself out in traditional business. Whatever your outcome, whatever your choice, I hope this article has helped shorten or smooth your road and clarify your journey to living your dreams. For more ideas about businesses, resources and financial freedom to pursue your passion check out my link for further info.