It is quite clear that before you attempt to work at home on your own you should consider a job until the lessons of working for someone is learned. It is expected that you be worth much more than you are paid because you must earn money for your boss. If your boss cannot make a profit from you it won’t take long and you will be history. When you reach that point then you should consider taking off that job garment and security blanket and realize that the only security you have with that job is you and your performance. If you can regulate your self to work for someone then why in the world don’t you work for yourself? You should consider that move immediately and begin to work from home and keep focused on your goals of becoming independent of a job. Your beginning to work from home should be about 1 hour a day to lay out your plan carefully and then begin to develop It. It could be from simple to the very complex. On the way expect to be confronted with problems that you will have to solve and continue, keeping always focused on your goal.
Even before you leave your job you should be allocating at a minimum of 10 percent of your net income after taxes to the use of developing your enterprise. As a rule use that 10 percent that you pay yourself to add to your business assets by acquiring assets, and an asset is a thing that will add to the increase of your income. Never live above your means, even the very wealthy don’t live above their means. Keep that clearly in mind. You should teach your children as soon as they want to have some spending money, then they won’t have to go through what you have to learn it. This is a simple law of success and without it you will not succeed. This is the one flaw that keeps most people broke: that old lie of live within your means. No-No-No live below your means. Burn that into your mind and make it a very part of you. If you do, then in a year or so you will be able to begin living above your present standards. Never commit yourself above your means. Aim 10 percent below it. Adjust your living standard accordingly either by lowering your expenses or increase your income. There isn‘t any magic to doing that, it‘s discipline. You may think that you will never get there but consider what’s packed into the little acorn. It will be nice for you when all of a sudden you want something, just a quick look at your budget will tell you yes or no. Don’t cheat, because you are the one that will be hurt. The time will come that you won’t have to consult your budget for some incidental expenses. Don’t let the banksters ruin it for you by borrowing. That can be a sink hole, don’t get caught in it. Only in rare emergency exceptions, then pay it off ASAP.
At this time it would be wise for you to set up a budget. At first this budget can be combined with your personal and household budget, but it would be wise to establish a budget just for your work at home business, but keep it simple. Easily accomplished by keeping records of your expenses and go back over the last years expenses by category and see what you can and will cut in order to bring your spending to below the 10 percent mark of your income. I can’t stress strong enough that this is vital to your success. To continue with the budget add up the total costs and spending for the entire year. Break that total down into increments of a weekly figures. For example, $20,000.would break down to $384.62. This is the weekly figure that you would have to accumulate every week in order to have the money for your spending. This will work very well if you keep your budget adjusted to increased cost of living or additional expenses that you didn’t include. Don’t even try to fudge on this kind of budget, you will only head for disaster if you do. The only person being fudged will be you. For example if you wanted to have a Christmas expense set up so that you could have say $500. to use at Christmas time you would need to save $9.62 each week for a year. A good analysis for you to make would be to have a complete list made up with the yearly figures and total them when ever you need to adjust, this will tell you immediately if you can handle it. It will prevent you from making bad decisions. .
In your adventure gather good books and friends about you. If you are searching for wealth then associate with wealthy people. Read books about what wealthy people did to become wealthy. Being in the right place at the right time is more than just luck, knowing when to seize an opportunity is also a key to success. Being prepared and educated is also key to success. Purchase the two volume set of The Law Of Success In Sixteen Lessons by Napoleon Hill. It can be purchased from the Wilshire Book Company for about $30. Considering the information that’s in it, it isn’t a bad price. Keeping that book handy will be like having an intelligent wealthy friend and mentor hanging around eager and waiting to tell you things. When this book was first published in 1928 the very elite and wealthy at that time had it banned from circulation because they were afraid of it. They didn’t want their secrets shared with anybody. If you have a hobby, you could possibly already be in business if you can sell any of the products or make any money with your services. It would be to your advantage to declare yourself in business and take the liberal tax advantages and let Uncle pay for your hobby now known as your work at home business.
Brad Vigansky
Skype: bradley.vigansky
Free Internet Education
Buy Customer's Not Leads
No comments:
Post a Comment