1. Your own business
Only one person can take care of you and your loved ones the way you want them to...and that is you! It is time to step up to the plate and swing. Your employers are doing the best that they can for you and your families so that they can take care of theirs but the latter is their priority and this is rightly so.
Our countries are also doing their best to take care of us but it is a complex situation and their responsibilities are to the majority not to the individual. The path to recovery is long and there is no reason to wait upon them. Crisis has been said to be opportunity riding on a dangerous wind. Money is not disappearing off our planet, money is not being "lost".
Lots of people know exactly where it is going, who it is going to and how to put their hand in the huge funnel of money that is simply moving around from who had to who is going to have it at the end of the day. In your own business when you take charge in proven, informed ways you can stick your hand into the funnel of channeled wealth and grab a significant share for you and your loved ones.
Get educated find the tools to take advantage of this opportunity. More millionaires were made in a shorter time with greater wealth than any other time in history straight after the Great Depression. Working in your job is great. A job is an important tangible asset in these times of uncertainty.
But who is in charge? Who is ultimately taking care of you and how long can that be relied upon. Getting into your own business has never in our history been easier than it is today. I am obviously not talking about traditional business. Technology, the internet in particular is offering fast widespread transition of knowledge.
Knowledge = Power = Opportunity = Choice. So there is no ceiling on the amount of internet money that can be made. Millions of people are looking for knowledge, the edge the path to security. A select few already have that knowledge and a lot of their knowledge can be obtained off of the internet. Not only can this knowledge be obtained, but these entrepreneurs make money when you make money applying what they teach in your own internet money/online business.
It doesn't mean quitting your job or huge investments of time or money in risky ventures that put you more at risk, but if you are reading this than you already have everything you need to create your own additional income streams in your own business. Additional income, from your own home, in your control, with proven strategies in a global marketplace = your own business and security and future in your own hands.
So what is your own business? What can it be? Anything that can be transferred (knowledge, skill, product, services, money itself) from one entity to another and money changing hands as a result.
2. Think Global
Local markets are going up and down. International markets are going up and down. Stocks and shares are going up and down. Every time there is a shift in these directions there is money to be made. There are literally thousands of people; the huge majority of current share holders are completely unaware of their own opportunities. Can you imagine that? While the biggest markets in the world have been crashing, the vast majority of people who own shares in it didn't know they could make just as much money as if the market was rising.
Oil rose 1000% then dropped 75% all money markets are halved nearly all commodities also 50% down, it doesn't actually matter the direction fro some those % were % of profit. $500 Trillion dollars changed hands in 2008 alone. The money went somewhere, where were you?
Share trading, options trading, forex trading can be your own business. Is it risky like you've heard? Not as risky as traditional business or being a sitting duck. There are some scams out there that propose guaranteed trading dollars; there are no guarantees in the stock market just clear probabilities in the face of particular information. There are solid reputable world wide businesses that can teach you to be a very acute trader. You can't afford to leave your money in the hands of fund managers in this market; many are under performing the market.But you can take better care of your own money than anyone else. Find traders that will not just manage your funds but educate you on how to take care of your own. Knowledge is power and the opportunities to apply that knowledge are huge in this massive time of wealth changing hands. Every time the U.S. dollar changes against any other currency massive % of cash can be made, and that's happening a lot in this crisis.
The global market can put money in your pocket whichever way it turns. The opportunity to be had in becoming your own Trading business, with knowledge of strategy can create an income stream that can add to your financial security. Do the research; find the people the opportunities are real and can make the difference to you security if your hand is in the funnel.
3. Multiple Income Streams.
How many arrows do you have in your quiver? How many legs under your security table?
If we are hunting the Beast of Opportunity and we are not certain of what we are looking for or when it will pop up how many tools and weapons and traps do you think would be useful to have in your utility belt? Yes! The more the merrier!
When so much information is a couple of clicks away and giant businesses can be forged, why would you stop at just share trading? Internet money is available in many forms. As stated elsewhere internet products can be shipped as text, audio and video.
What do you know that could be useful to others? What is the passion that you enjoy that may be shared by others? Creating a simple e-book or article could easily create a whole new Global income stream. Do you think that in the millions upon millions of people that surf the net that their might be another 100 or even 1000 or maybe 10,000 that could be interested in your angle in what you have to offer?
What light are you hiding under your bushel? It doesn't have to be earth shattering or changing, even a small percentage of the internet market can add an arrow to your quiver that could mean added security. People have made money off of "dog food recipes", or "how to get a nail out" large or small the idea you have something to contribute to the world and contribution of knowledge can lead to cash in the bank.
You can even just market other peoples stuff from your computer and still make money if you think you have nothing to contribute personally. There is a lot of internet money to be made again just through affiliate programs and applying butterfly marketing.
Real estate is in a major slump or are good properties going at bargain prices? Will people ever want to live in these houses? Where do you think the smart money is going? This doesn't mean I want you to become a real estate agent. What if you traded in the right directions from your trading business, what if your ideas or e-book was worth a lot of ongoing cash, what if you marketed good quality products and affiliate programs?
Would you stick the new revenue straight into the collapsing banks? Or just maybe you'd go bargain hunting... Once you've bought property or maybe you already own, could money be drawn down and put back into your other businesses to make them generate more profit which could mean buying more property which would mean more money in the businesses.....just a thought.
This is called getting leverage. A lot of people draw money at of their houses to buy cars or boats but don't stop to think that this could lead to any kind of investing. People do essentially the same with their shares like buying an investment property but not renting it out. Shares can be rented it's called covered call writing.
By having multiple businesses and multiple income streams not only can they support you but they can support each other. If one is not performing so well; the others can buck it up. This will take a lot of stress out of the whole game for you.
When you've only got one stream how much do you have to worry about what happens, when you've multiple opportunities would that alleviate some stress? It may sound big or small to you but what it certainly isn't is hard nor is it brain surgery or rocket science.
It's only information you need to be a multiple business owner, not huge amounts of cash or extra time. If you're reading this and I know you are, then you probably have all the resources and skills you need right now at your finger tips to be financially free in this "credit crisis"
No comments:
Post a Comment