A Different Perspective about Employment
Well if you are financially literate, you are aware that the life of an employee is like a mouse trapped in a wheel. To keep the wheel from turning, a cheese is dangled in front of the mouse to keep the poor animal running.
Imagine that you are the mouse and the cheese is your salary. You become reliant on the salary being dangled in front of you that you forgot to look the other way. And yes, salary is a stable income but remember that the owners gain more and they are only letting you sip of the remaining. There is also cases when a time that you will be removed or retire from employment. You will no longer have a stable income and you will be burning on that savings in no time.
The Fork in the Road
All of us start as employees but what matter the most is the next step to advance. I’m not talking about promotion and living off with benefits since it is already an obvious path. What I’m referring to is to help you obtain a financial freedom and escaping the mouse trap.
Instead of wasting money replacing your gadgets with new brands every year or so, use that money in investing. You can invest in stock market, mutual funds or insurances and there lots of professionals in that can help you in such technical field. You can also invest in starting up your own personal business in which you are the boss and you can materialize your own ideas. But if you don’t have time to review the market or don’t have a great idea to sell, then you can invest in established businesses already such as franchising and multi-level marketing (MLM).
Investing in an Established businesses
It is safe to invest in companies that already have an established business model that provides means of investment by franchising and multi-level marketing. Franchising is quite expensive since you will be buying the right to sell their brand. Most of the small franchising companies include the stalls and help you find a great market location.
They also provide trained staff and invite you for a free business management seminar. As an additional attraction, they also include the equipments with ingredients so your start your business as soon as possible. For choosing which franchise you want to invest your money, decide based on the quality of the product, how well advertised the franchise and how competitive the possible profit in a certain duration.
Becoming a Distributor
Multi-level marketing is much cheaper since the product is already made by the main manufacturer. It has a great and competitive business model since its main objective is to help the members to distribute the product effectively and to increase the distribution line through recruiting. The product being sold is very reliable since it is well advertised and well-known by most of the people. So it has a credible selling point and it is also approved by the local agencies.
The priority most of those invested in such business is to create an efficient distribution line and supply the product to key areas. It is also important to establish connections to become your downline of distribution to increase your profit and at the same time, the company will also award you because of the referral program. For further more information the website of Multi Level Up or other related credible sources that can provide factual data regarding the MLM industry.
It is better start investing as early as possible even in a small amount. Since this will be your kick start to grow your own business and as it become bigger the more you will be awarded. You can lay the foundation to your financial freedom and secure another source of income instead of relying in your monthly salary only.