Options - Time is Money
Have you ever heard the saying,
'time is money?'
We all have the same 24 hours as
everyone else. So, why is it that some people make a lot more money than others if
everyone has the same 24 hours?
If
we talk about making MONEY, we must also talk about TIME and ENERGY - because of the ways most people
make money, the three cannot be separated.
There are a number of
key ways people use their time and energy to make Money. The following examples of 'Energy to make
Money' are typical but not the answer if your goal is financial success & freedom of time.
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The ordinary job – eight to faint – a lot of
energy but no time left after
commuting and rush hours, and not a lot of money.
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Work more hours or take on a
second job involving more commuting – even more energy with even less
time left and possibly only a little more money earned.
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Find a better paying job – not so easy with the current economic situation world over,
but if you did find a better paying in these recessionary times – still a lot of energy and still not much time
left over. And ‘last in, first out’ rule often applies.
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Become a one-man/woman small
business owner - do not be misled. You think FREEDOM! But at what cost? In a
normal "own" business you will need employees, insurance and security systems and accountants, and suddenly
you are working 6/7 days a week, opening the doors in the morning and locking them at night. The burden of
marketing, rent, advertising, liability, insurance, negotiating and collecting all ends up with you. You
end up slave now to your own business as opposed to someone else’s! Still a lot of energy and still no time for yourself or your
family, and often less money at the end of the month. And
statistics for new “own” businesses surviving the first 5 years, not good!
The Bottom line here is the amount of
money all the above can make still
depends on the amount of
time and energy only
ONE person has. YOU!
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Millions of people choose higher education as a means to improve
their lives every year - an admirable and noble pursuit. However it does not come cheap, nor
does it guarantee a job upon graduation. We were taught to work hard and persist in our
ambitions in order to succeed. We teach our children the same things to help them get that
"great job" with the "big income." But in reality, this has not been the passport to freedom
and a better life for many graduates as jobs become scarcer. You just have to look
around you.
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As the Information Age dawns, it is clear that jobs,
as we know them, are becoming obsolete!
Richard Poe (author of Wave 4)
Then comes Retirement – the bell tolls for us all .
Are you hoping for that pension plan to take over when you retire?
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63%
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will depend
on Pension, Family or Charity
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29%
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will be
Dead (Disease, Accident, Suicide)
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3%
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will still
be Working to maintain their lifestyle
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4%
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will be
Comfortably Off in retirement
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1%
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will be
Independently Wealthy
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-Money Market
Magazine-
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Although the above statistics may vary for some countries, it
is still unlikely that you will get to the top 5%, working for large corporation. Your efforts will
probably get them there.
In every business
there is room for only one dream…the owner's"
-Randy Gage
You see, you need the mechanics of wealth to be there. There is no point in
relentlessly pouring 100% of yourself into a business vehicle, profession or job, when the 'vehicle' does not
have the capability to give back 100%.
The fact that you are willing to put in a 100%
does not mean that you have to work full time, sacrifice your family time, or have prior experience.
You do not!
We want to share with you another alternative -
Leverage.
 
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