Sunday, January 3, 2016

Investing in Your Own Business


Previously, I urged you to resolve to increase your family income by between 10% and 25% in the new year. The way you are going to do that is by developing a financially valuable skill — selling, marketing, or profit producing. That resolution, by the way, applies even if you are employed by your own company. Having your own business is a good thing — but unless you make yourself more valuable to it each year, there will come a time when your business will outgrow you.
So, whether you work for yourself or someone else, you are going to make more money this year by helping that business become more profitable. Today, we are going to make an entirely separate resolution. Today, we are going to focus on the business’s income, not your own.
Today, you are going to promise to do one of two things: Increase the profits of the business you own. Start a business and make it profitable. Having your own business is not the only way to get rich, but it is — far and away — the most reliable way. And it’s also the way that most wealthy people got that way. Many people I know are hoping to make up for all the money they’ve lost in the stock market by investing in speculative stocks, commodity futures, options, etc. On the other end, just as many are paralyzed by fear, not knowing what to do next.
Starting your own little business and learning how it operates from the bottom up is a surer way. Every year, millions of people all over the world strike out with little ventures of their own — and that some of those people, hundreds of thousands of them, are successful. I am bold enough to think that I understand a good deal about starting small businesses. And I will continue to tell you in regular messages everything I know about being successful in little entrepreneurial ventures.$

[Do you know how Facebook and Google became the most powerful companies in the world?

It’s NOT helping you share pics of last night’s dinner...
It’s NOT searching for drunken cat videos…
And it’s DEFINITELY NOT about free Gmail accounts.
 
The simple truth is Facebook and Google SELL TRAFFIC.

They SELL TRAFFIC to business owners, and that advertising revenue alone has turned them into billion dollar companies.
 
Traffic is the most valuable commodity on the Internet, and that will never change.
 
This is why using the Traffic Authority business system is the ultimate way to make extra income in your business…


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