Especially in these times with the economy looking as it is - people are searching for that opportunity that will give them financial freedom and security in the future. There are quite a few money making options out there including property, stocks, business, home based business and many more. Before going ahead with your chosen 'vehicle', keep in mind the following 3 points:
1. Is this something you are interested in, or even better, passionate about? You may have the best money making opportunity in the world - but if you do not enjoy, or worse hate doing the actual daily activities involved, it will never last. So, make sure you research what the actual daily duties will be, ensure that your values and beliefs align with the financial vehicle that you choose and you have a genuine interest in it. If that is all there, great - if not, re-evaluate. My personal example was stocks. I hated studying the market and learning the jargon, however I persevered and ended up wasting time and money when I finally admitted it wasn't for me.
Learn to love everything about the vehicle you choose - when you do that, you will have found a vehicle you can be happy making money from forever if you had to.
2. Ensure that it is a proven system. This is very important if you want to increase your chances of success. Yes, you may be starting a business that hasn't ever been done before, but in that case make sure you have done a thorough business plan, including competition analysis, contingency plans and research with proven statistics. The more proof you have, the better the option. This goes for following a Stock Market system, Home Based Business, and Property Investing. Look for proof that it has worked in the past, and don't just take one persons advice - call another industry smart person and ask them.
Investigating that your money making business or investment actually works, will save you time, money and stress!
3. Will this vehicle help you achieve the long term goals you want to achieve? Before getting too caught up in the potential income you could receive, or the freedom it promises you - don't forget to think about actually what you want. Some people want to have the money and time so they can travel - maybe your opportunity requires you being face to face with people all - year round, so how are you going to achieve your travel goals? Other ideas might have a massive potential in income, and it is home-based, yet you have to sit in your office from 8am until 8pm and still actually can't see the kids.
Write down your long term goals of the lifestyle you want to achieve first, and then see if the money making vehicle will help you to attain that.
You are now on your way with these three check points. Once you have your lifestyle envisaged and what the opportunity needs to have for you to get that, now you can go out and find the right one, first go! Good Luck - and I hope your vision of your freedom lifestyle comes to you sooner than you expect. - 15432
1. Is this something you are interested in, or even better, passionate about? You may have the best money making opportunity in the world - but if you do not enjoy, or worse hate doing the actual daily activities involved, it will never last. So, make sure you research what the actual daily duties will be, ensure that your values and beliefs align with the financial vehicle that you choose and you have a genuine interest in it. If that is all there, great - if not, re-evaluate. My personal example was stocks. I hated studying the market and learning the jargon, however I persevered and ended up wasting time and money when I finally admitted it wasn't for me.
Learn to love everything about the vehicle you choose - when you do that, you will have found a vehicle you can be happy making money from forever if you had to.
2. Ensure that it is a proven system. This is very important if you want to increase your chances of success. Yes, you may be starting a business that hasn't ever been done before, but in that case make sure you have done a thorough business plan, including competition analysis, contingency plans and research with proven statistics. The more proof you have, the better the option. This goes for following a Stock Market system, Home Based Business, and Property Investing. Look for proof that it has worked in the past, and don't just take one persons advice - call another industry smart person and ask them.
Investigating that your money making business or investment actually works, will save you time, money and stress!
3. Will this vehicle help you achieve the long term goals you want to achieve? Before getting too caught up in the potential income you could receive, or the freedom it promises you - don't forget to think about actually what you want. Some people want to have the money and time so they can travel - maybe your opportunity requires you being face to face with people all - year round, so how are you going to achieve your travel goals? Other ideas might have a massive potential in income, and it is home-based, yet you have to sit in your office from 8am until 8pm and still actually can't see the kids.
Write down your long term goals of the lifestyle you want to achieve first, and then see if the money making vehicle will help you to attain that.
You are now on your way with these three check points. Once you have your lifestyle envisaged and what the opportunity needs to have for you to get that, now you can go out and find the right one, first go! Good Luck - and I hope your vision of your freedom lifestyle comes to you sooner than you expect. - 15432
About the Author:
Hayley Weatherburn is a Life Coach who not only coaches others to success, but also has her own home based business in self-help that actually shows everyday people how to achieve their own entrepreneurial success. Hayley only works 2-3 hours a day on her business, and lives her own lifestyle the way she pleases. Sounds good? Click here for your Entrepreneur Opportunity
