Professionals advise that startups should do a careful cost analysis and consider every cost including hidden ones. Double this figure and prepare for a year and a half without revenue for initial outlays . What however if you chose a wrong niche/business or even a partner ? Can you scale the business and keep it moving forward ? Will retooling, further skill development become necessary ? Battleplan and Strategy ? If everything fails ? Can you survive falling down seven times and getting up eight ? Your self-esteem is your most important resource in financial survival. With the spectre of tightening credit , declining home equity , erosion of corporate, social and other safety nets coming out of the woodwork our cash resources could be at death’s door fast . There’s a better , less risky alternative. Start BUILDING AN INCOME FIRST , plant an income tree that generates cash flow NOW and when you are in flight THEN go into or build your business afterwards . Some people in my circle of friends are living debt free having worked with just Clickbank Products and Adwords Campaigns not long ago ! Here are two doors you might want to walk through on and make them your silk road to independence. Become a gazelle for your cause. No business had been or is immune to hard times but if your ship goes down this way you haven’t lost the Titanic ! Don’t stop too long to smell the flowers ; get down to what Mark Twain , the writer – lecturer said :
“ Twenty years from now you will be more disappointed by the things you didn’t do than by the ones you did. So throw off the bowlines. Sail away from the safe harbour. Catch the trade winds in your sails. Explore. Dream . ” [ 1835 – 1910 ]
Income Stream
BUILD YOUR PASSIVE INCOME CAREER!
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Saturday, July 25, 2009
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1 comment:
Nice to see your your online stream income.
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