Quit your job and escape the rat race, 5 methods of making money!
Are you sick and tired of working the 8-6 hours, never seeing the family and restricted holiday time? Life is meant to be fun - surely making our companies rich while we struggle financially and with family relations. Well here are 5 ways to step you out of the rat race you are in, and get you on your way to living the lifestyle you choose!
5 options to mull over and weigh up which will be your vehicle out of the rat race:
PROPERTY - Yes, I can hear you say - property NOW? In this economy! To be honest, yes property is a great one. Do the research, look in the papers, talk to real estate agents, and your bank. There are many ways of making money in property - a fantastic book to read is “0 to 150 properties in 3.5 years” by Steve McKnight. It shows you many different ways in an easy to read format! Follow this and you will be on your way!
STOCKS - Again, I hear another moan of resistance. This is where I will simply say - read the article (”Buy American, I am” New York Times) by Warren Buffet the man who has made the most in the world off stocks. He basically says right now he is buying stocks. He has survived two other stock market crashes and has done the same in each one, why do you think he is wealthy? As with property - the biggest thing here is to research, research and do more research.
DEVELOP YOUR OWN BUSINESS - You may be sitting on an idea that the world is craving right now! Put a comprehensive business plan together and ask people what they think. This may be hard, as it is your “baby” they are talking about - but see if there is a recurring theme in their comments, if there is, adjust it so it becomes a positive attribute. A fantastic book to read is “The E-Myth” by Michael Gerber - he writes in laymen’s terms on how to make a business work for you, not you work for the business. After all you are after freedom not working harder than you are now right?
FRANCHISES - If you feel that building your own business is too much of a risk, but still like the idea of having a business, Franchises are another great way to go! With proven systems that work and have proven profits, what more could you ask for. They often provide guidance and support through the whole way. One thing to keep in mind with franchises however is that you will need a substantial amount to invest with. Banks will probably lend you business loans for a franchise more so than an unproven business. Pick your franchise, check it aligns with your goals and also values & beliefs and you are on your way!
HOME BASED BUSINESS - now a day with the internet easily available anywhere and phone coverage is wide and cheap - a business can run from almost anywhere. These businesses are ideal for those stay at home parents. Also for those people who want to be able to travel with an income, or even just those that want to live their own lifestyle and fit the business around that. There are A LOT of home based businesses around these days, it is a good idea to find out all you can about the business, research them more on the internet, check they are legal and then once it fills your criteria of creating a lifestyle you want - then go for it!
So where to start from here? I would look within, listen for your internal voices - one of those options will feel more comfortable than the other when you imagine yourself doing it. Start with that one. If that doesn’t end up being, try the next one…and the next. It will get easier as you determine what is right for you and then you will be living the lifestyle you choose.
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