January 2, 2009
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!
Here are 5 options for you to consider – helping you out of the rat race and making money to be a catalyst to your freedom
PROPERTY – It is important here to do the research. As the media portrays, they believe it is not a good time to invest. I say, why not – prices are down and, like after every economy crash, the prices go back up and higher than before. To ensure you make the right decisions for you though – it is good idea to talk to property investors, real estate agents and research. A fantastic book on it is “0 to 150 properties in 3.5 years” by Steve McKnight. It shows you many different ways to invest in property, in an easy to read format.
STOCKS – Now don’t shake your head at me and think I am completely mad. Before you jump to any conclusions read the article “Buy American, I am” by Warren Buffet. Here is a man who has survived stock crashes previously, and is one of the wealthiest men in the world, from stocks. My suggestion is do the research, if you are passionate about stocks – you will find a way to make money, especially at this time! Speak to others who are making money in stocks at this time – and learn from them.
TURN YOUR IDEAS INTO A PROFITABLE BUSINESS – Can’t find a business out there that suits you – why not start your own? Everything you can see around you, all started in someone’s imagination first. Or maybe you see a business that could run ten times better, start that. Although it may be hard at first, if you truly are passionate about your business it won’t seem like work. Another thing to consider is to actually make sure your business can run without you – therefore giving you the freedom you are striving for. The best book I know that can ensure you do this is called “The E-Myth” by Michael Gerber
FRANCHISES – A proven money making system – what better way to move forward. Research your franchise of choice, ensure it aligns with your beliefs and values, and most importantly will give you the freedom you are originally leaving the rat race for. Most franchises will need a certain outlay of your own money; however it might be easier to get a business loan for a franchise, than your own business.
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, which one? Read each of the titles again. Ask yourself – which one feels right, or sounds good to me? Pick that one to start with. You may find gold the first time, but don’t be discouraged if you don’t – I definitely didn’t and I tried practically all of them before I found my vehicle to freedom. Learn from the mistakes, and reward your successes – enjoy the journey and it won’t be long until your lifestyle of choice will be a reality.
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