Home Based Online Business Opportunity Now

Do you know anybody who got rich working in a job? I’m sure you know plenty who have a very comfortable life as a result of exchanging their time for money, but rich? I mean RICH? Of all the people I know, only one is what I would consider to be rich as a result of his job, but even he gets most of his income from bonuses (he works for an investment bank –but for how much longer?) and he has to work a lot of hours to get it. (continue reading…)

In a previous article “Plan your life – don’t just let it happen” we discussed how most people follow the traditional path of getting a good education, getting a good job, working hard, then retiring on a small fraction of what they were already struggling to survive on. Some people start their own business, but they frequently end up working even harder. But there is a better way. (continue reading…)

Aren’t parents great? They do their best to convince us that we need to work hard at school, get good grades, go to college, get a good job, work hard, get promotion, get a better job, get married, get a mortgage, get a better job, have some kids, get a better job, get a better car, get a bigger house, get a better job, work hard to send the kids to college, keep working harder to keep buying a better house, better cars, better holidays, and on and on and on. (continue reading…)

Your goals should be what you want in your life, not just in your business. Life goals influence your business goals. For example, if you want to have a lifestyle that enables you to have a Ferrari, an Aston Martin, and a Lamborghini in the garage, it’s not likely you can achieve that by exchanging your own time for money, working as an electrician or any other kind of tradesman. That would mean that you have to progress from your trade to doing something else as well, or instead, to achieve your goal. (continue reading…)

In a previous article in this series, we discussed some of the things you need to know before you make the jump from employee to running your own business. One of those was how much money you need to make. That’s actually a much deeper question than it first seems. (continue reading…)

“I hate my boss”. “My boss doesn’t know what I know”. “I could do a better job”. For a lot of small businesses, that is all the planning that goes into starting a company. (continue reading…)

The amount of information available is so mind-bogglingly huge, nobody could possibly have access to all of it. But everybody knows something. Perhaps you know more about some specific topic than do most people, because you have gathered information over time, through research and experience. If that’s the case, and it is something that a number of other people would like to know about, then you have both a potential product (the information) and a potential market (the other people who would like to know about it). If you can put together a means to promote and deliver the product to the market, then you have the potential to generate an income. (continue reading…)

If you recommend a product or service to a friend, and the friend goes ahead and buys the product or service, then you have done the job of the salesman. Generally, salesmen get paid a commission for making sales. So if your recommendation ends in a sale, it’s reasonable for you to get a commission. (continue reading…)

In a previous article – “Long Term Assets – Stocks And Shares” – we discussed the idea of using ‘options’ in trading on the stock market, as one possible active strategy to use in preference to buy-and-hold. We covered the buying of options and the fact that option prices are much more volatile than share prices. You can buy and sell options without ever having to buy the shares themselves. (continue reading…)

A portfolio of stocks and shares is a standard investment strategy that exactly fits the bill in our search for a source of passive income, which is generated from the annual earnings payout from the shares. I am not a professional advisor, so this is just a personal opinion, but I do not think that a buy-and-hold portfolio is a safe strategy for your hard-earned cash right now. (continue reading…)