Can you really generate wealth from a home business?
It really is turning into an epidemic you know
. More and more people are adopting the misconception that it is impossible to generate money with their own business. They think that to make any kind of decent money, you either have to land a top job or you have to be dodgy or lucky. There is another option. Another, better way. There are several ways of generating money based primarily on the principles of knowledge and leverage. Knowledge (the right knowledge) is a precondition of generating money. Leverage is the precondition of generating LOTS of money. Without knowledge, no money can be generated. Without leverage, not much money can be generated. Most people who start a business (about 80% of them as it happens) borrow loads of money, have absolutely no knowledge of what theyre getting into and have no idea what leverage is. As a result, they do not last more than a couple of years (Noticed that?). They would have actually lasted far longer if they had just lived off the money they borrowed to start it! The other 20% start with little or no money, learn all they can about the business (previously conceived knowledge), apply what they learn, start to generate more than enough money to support themselves, come to their own conclusions (newly conceived knowledge), and then use these new conclusions together with leverage to generate heaps of money which grows year on year. What is really meant by Leverage? Leverage, in this sense, involves two other concepts. Profit and trade. When a profit is generated by a business person, he then trades some of that profit with others in return for products and services that make it possible for him to generate even more profit some of which he then trades with others which makes it possible for him to generate even more and so on. Thats leverage in action. Important News About The Future I have a vitally important prediction for you. Its based on the direction things are going at the moment and made certain by the reasons for this direction. My prediction is this: In the future, everything that you do not need to be there to buy will be sold on the internet. Consumer shops on the high street that sell items of this kind will completely die out and be replaced by shops that provide food/drink and/or services and/or places for people to go/meet. Its starting to happen as we speak! Theyre already starting to put eBay consoles in shopping malls where you can compare prices instantly! Its going to be a massacre! People are getting ever more busier and, as a result, do not have the time to go out and buy the things they need that together with car park fees and toll charges, speed cameras everywhere and congestion charges means that people will eventually buy nearly all of the things they need from internet shops. An internet shop does not have to pay rent, rates, fuel bills or shopkeepers wages In short, for internet shops, the overheads are hardly there at all and so the same profits can be made at a fraction of the selling price. Those are obvious facts. The upshot of those facts is that every day, more and more profits are being generated by internet business people which means more and more opportunities to provide goods and/or services that enable internet business people to generate even more profits Forget about winning the lottery (Play for fun if you like but dont let it control your destiny). And completely forget about any sort of long term nest egg working for someone else because the effects of irresponsible Government spending will ensure retirement ages keep rising and also ensure that the cost of living rises faster than wage increases. Only use a job for supporting yourself until you are 100% sure you can support yourself with a business. Forget about those things. They are like chasing rainbows! Instead, focus every last drop of your attention on generating money on-line To learn more about creating wealth from a Home Business go to www.lloydberrys.greatestbusinessideas.comCan you really generate wealth from a home business?
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