An Entrepreneurial Journey for Life Income. Are You Ready?
Monday, March 13, 2006
One of the hardest paths to financial freedom is removing the mindset that you don’t have enough money to start your own home business. Let’s face it, the majority of
lives paycheck to paycheck and it’s become a debilitating syndrome. Our nation’s bad influence continues its own spiraling, billion dollar deficit just to stay in business. Honestly, do you believe our country will ever get out of debt doing the same thing it’s always done? Then how can you possibly think that you can, too? It’s not going to happen! Yes, you do need to invest money to make money online, but let’s say you take out a small business loan for $100 and after investing that money constructively in such a way that you were guaranteed to make $500 just after 30 days, would it be worth the risk of another “debt” to earn that $100 back and profit $400? Now, that’s not $400 you can just go blow on new “stuff”. It's $100 you have to pay back and $400 you now have of your own money you must re-invest in your business. This means you will need to keep your full-time job just a little longer. By the next month, you have $400 to put away in a business savings account and $100 to reinvest in your business. If you continue to reinvest at least $100 a month on your business, increase your monthly spending budget by $100 for the next six months, and put the remaining profits into a business savings or checking account, what you have by the end of the year is a monthly business budget of $1700 and $2700 in your business account, with the assumption that your monthly profit never increased beyond $500 a month! Would an extra $500 a month make a difference in your paycheck to paycheck lifestyle? But let’s say that with all that business promotion, you also increased your monthly profit by $500 a month, by the end of the year, you would make an additional $6000 in profit, while never having to spend more than $1700 in business expenses a month! Do you see where I’m going with this? This doesn’t even include the amount of residuals you could be making by helping others start their home businesses. The costs in getting a part-time home business up and running, earning a profit and finally having the freedom to change your lifestyle, isn’t nearly as long or costly as a JOB. America