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How You Could Take The First Step To Become Financially Free
Posted by randy on: 2005-11-12 17:16:18
How You Could Take The First Step To Become Financially Free
Sung-Liang Woon
Short description
The author explains what "truly wealthy" means. Various possible
routes to achieve this through earning passive income are
suggested but Internet Business is recommended because it is by
far the most exciting, rewarding and the best home based
business. Tips are given that are for professional business
working from home.
Like the majority, I have been working very hard each day
believing that the harder I work, the more money I would get. I
would bust my proverbial butt out working year after year
slaving away for BOSSES who show little sign of appreciation, to
earn a paycheck that could hardly pay my bills.
After some trying and tiring years, I realized to my
disappointment that I was not getting anywhere. I tried many
other alternatives but none could work to my satisfaction and I
began to resign to the fact that I've to forget about my DREAMS
and continue to live life of the majority i.e. get up in the
morning...get into the traffic jam...go to work... come back
from work...have dinner...watch TV... go to bed...kind of life!
Still, deep down in my heart, there was a burning urge to
continue my search. I attended seminars after seminars to seek
out a suitable direction that I can follow.
At long last, in one of these seminars, I chanced upon an
interesting finding - most of the very wealthy people do not
actually work hard at all! I'm talking about people who live
life on their own terms.
They're people who have all the money they need, yet they seem
to have a choice to work when they want to...where they want
to... for whom they want to. Best of all, they have all the free
time in the world to travel...to spend with their kids... do
gardening... lower their golf scores... to learn a new recipe in
the kitchen... and to really, really enjoy life.
I also learnt the word,"LEVERAGE"which these multimillionaires
used to create wealth by doing the minimum while harvesting the
maximum. The true meaning of"wealth"suddenly dawned on me.
"TRUE WEALTH"means the ability to do what you want, however you
want it and whenever you want it. This is "FINANCIAL FREEDOM"
many of us are and should be yearning for.
Also, the time when you're due to retire has nothing to do with
your age. You can retire any time you want once you've achieved
financial freedom.
This can happen when you reach the age of 30, 35 or 40, not
necessarily 55 or 60 as we're all brought up to believe.
There're people who're in their 60's or 70's but could not
afford to retire because they need their jobs to continue paying
their bills!
I was advised to stop"THINKING JOB". We, for many generations,
our parents, their parents and their parents'parents had been
brought up to have only one major objective in life -- JOB. We
work hard in schools so that we could get good grades to advance
to colleges and universities where we worked even harder so that
we could get a good and secured JOB. Once we've got the jobs we
want we continue to work very hard in order to maintain them and
to climb the so-called organizational ladder of success.
As a result, we all have fallen into the trap of the RAT RACE.
Although some of us could be drawing quite a handsome income,
we're not truly"wealthy"because we're not free to do what we
want and when we want.
I've heard of many sad stories of rich EMPLOYEES not being able
to spent badly needed valuable time with members of their
families who're sick in hospitals because they could not afford
to be away from their place of work for too long as their
services are urgently required by their employers.
Doctors could not really relax and enjoy a long vacation for
fear of the loss of income or patients while their clinics
remain closed.
The bottom line is - we all have our JOBS to look after! We have
no time to think of becoming TRULY WEALTHY and FREE.
I therefore suggest that you stop THINKING JOB effective from
today. You should now realize that a job would not make you
rich. If you have a job, you're being paid a salary for your
EFFORT. Is it possible to get paid for putting zero or very
little effort ? If your answer is "No", you're dead wrong!
Because you're still thinking job!
What I'm about to propose to you is this - copy what the truly
wealthy people are doing (or rather not doing). They earn their
income through various LEVERAGE STRATEGIES which allow them to
make money while they're sleeping, meddling with hobbies, or
having vacation in far away places such as the beautiful beaches
in Hawaii or Malaysia.
The first step we need to take is not to have a job working for
others. You should start having your own business and work for
yourself. Don't get me wrong! I'm not suggesting for a moment
that you start investing heavily in building a store, shops or
even factory, getting employees, build up inventory, getting
permits and licenses etc, etc. If you did this, you'd end up
putting a lot of EFFORT and still having a "JOB" to look after
this TRADITIONAL physical business!
There're many routes the rich and wealthy are taking but not all
of these would be suitable for you. You have to screen them
carefully before deciding on the right one to copy.
Here are some of the more popular CONVENTIONAL routes:
1) FRANCHISING This sounds like a good idea. You could tie up
with big reputable organizations who could help you set up your
business real fast. But you need to invest quite a huge sum of
money and eventually you still end up having to look after the
business physically. You still have a "JOB". Is this what you
want? No, I don't think so.
2) STOCK, COMMODITY AND OPTION TRADING On paper this is a very
exciting proposal. Many make their money from the trading.
Despite the fact that there're many tempting and seemingly
attractive strategies put forward by hundreds of trading gurus,
statistics still show that 90% or more of the traders would end
up getting their fingers burnt in the long run. Is this what you
want? No, I don't think so.
3) LONG TERM INVESTMENT You could consider this possibility.
Many had tried this and attained success in their lives. We need
to invest considerable amount of money at the outset and reap
the profit only after 5, 10 or even 20 years. Warren Buffett had
the initial capital and enough resources to wait for 10 to 20
years. But can you wait that long? No, I don't think so. We want
more immediate results.
I'm talking about getting a system that allows you to "recruit"
thousands if not millions of "salesmen" who are willing to work
for you 24 hours a day and 7 days a week. The best part is the
fact that they're willing to do so for nothing!
I'm talking about a system that allows you to switch your
business to "Autopilot" mode so that you could continue to earn
money whether you're awake, asleep or holidaying in Bangkok or
Penang.
I'm talking about a system which allows you to work from home or
some places 10,000 km or more away from home.
I'm talking about a system by which you could make money even if
you do not have large capital or any products of your own.
I'm talking about a system that allows people who hate selling
to perform excellent sales job to a level which is beyond their
WILDEST IMANGINATION.
Yes, I'm talking about
Internet-home-based-working-in-pajamas-online business. And I
would seriously recommend that you pick the "Affiliate Programs"
to start off.
The easiest way to get into business on-line is through
affiliate programs which allow you to sign up as an affiliate
member. You're set to go within one to two weeks with your own
websites all created for you...very often free of charge! You
earn a referral commission from selling the program owners'
products.
These products are usually information products such as
electronic books (eBook) and software that can be delivered as a
file that is then downloaded directly to your customers'
computers.
They could be reproduced, downloaded and sold repeatedly at no
cost. There's no packing, shipping and delivery cost. Owing to
this, affiliate program owners usually pay their affiliates high
commissions (50% or more).
I look forward to seeing you in the Web. Get ready and start
working tonight in your pajamas to take the first step in your
exciting journey to becoming TRULY WEALTHY and FINANCIALLY FREE!
About the author:
Woon Sung-Liang(John Woon) is a Rubber and Latex Consultant with
about 25 years of experience. Check this fantastic website to
find out how he started his online Internet business:
http://www.PlugInProfitSite.com/main-9747 Visit his website
http://www.johnwoon.com. Get to know him better at his Blog:
http://www.blogwithjohnwoon.blogspot.com
Open community website
http://www.business-business.biz
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