Click Here for the July 3 & 4 Entrepreneur Event Manila and Davao
As in all life, as in being an entrepreneur and independent business owner, there is risk in anything and everything. There is also reward and great rewards on a exponential scale for those that learn and act on new skills and persist doing it. One key to success in small or large business is to learn and act on managing risk for a higher rate of reward or return on the investment of your time energy and money. It's easier than you think to become and stay successfully wealthy from your own small or large business.
We all know now that a job will not make your dreams comes true. It will only make the company owner and stock shareholders rich. Start your own business and don't look back if you want real freedom and a very comfortable lifestyle.
Entrepreneurs are those who take risks and earn rewards to produce distribute goods and services to people who consume products that people use everyday. There's a new age new way to earn money from your own consumption and other people consumption.
Entrepreneurship Independent Business Owner
What do you want? When do you want it? There is a way to get it.
Positive Cashflow: The Path To Real Wealth of Time and Money Freedom
Wealthy people make money a different way than the poor and middle class.
Career: Employees and self-employed people work for money.
Linear Income: X amount of hours a day worked and the amount of Pesos per hour.
Linear Income Example: 10 + 10 = 20. Self-employed people have to buy X amount of products then sell them. You have to do it to get it. “Trading Your Time for Money”
Lifestyle: Business Owners and Investors have their investments of time energy and money working for them from business and investment assets.
Exponential Income: Income of creating assets over time, that work for them 24 hours a day, 7 days a week, whether they are still working at it or not once the assets are built.
Exponential Income Example: 10 x 10 = 100. Having Your Time Energy and Money Working for You from income producing assets such as this business model. Creating pipelines to carry the water for you, instead of you carrying the buckets of water on your back all your life. “Trading Your Time Now for Total Financial Freedom in 2 to 5 Years”
The Business of Goods and Services of Tomorrow Are People Making Different Choices Today
"Want to know why 9 out of 10 Filipinos are poor? Because they buy and refer products to their friends that they consume everyday from other stores they do not earn money from." Quote from a Filipino entrepreneur in a business where people now consume products at 30% discount to the regular price and encourages others to do the same.
Lets compare the industrial age old style business model of yesterday versus today's new information age business model. In the industrial age past, the business of product distribution passes through the flowchart below. That is still happening today, and you don’t earn from it at all.
Consumption You Don’t Earn From: Manufacturer 40% > Wholesaler 30% > Retailer 30% > Advertising > Consumer 100% Cost of the Product
Today into the future the business of product distribution passes through the flowchart below. This has been happening for the last 50 years and longer, and when you do it, you earn from it forever.
Consumption You Earn From: Manufacturer > Entrepreneur or Independent Business Owner > Consumer
Being an Entrepreneur or Independent Business Owner, you are the product wholesaler retailer and advertising capturing 60% of the profit stream from products that you and other people consume everyday.
Entrepreneurship Four Different Income Streams
1. 30% Wholesale Pricing for Licensed Independent Business Owners. 30% Retail Profit.
2. Additional monthly cash rebate income based on the total volume of products moving through your distribution channels each month. Total monthly income from this is anywhere from P30,000 to P80,000 plus depending upon the volume going through your distribution channels.
3. Royalty Income based on the total monthly volume of each of your distribution channels. About P15,000 plus a month, paid to you for the rest of your life, passable to your heirs.
4. End of year Bonus Income of P250,000 for each distribution channel you have in your business, paid to you for the rest of your life, passable to your heirs.
Build as many distribution channels as you like. Those who do build multiple distribution channels receive P100,000 and more per month. Other bonuses include all expense paid international vacations for two people.
Competition Brings Out The Best in Entrepreneurs
To succeed in a competitive market, many of the very best qualities of the individual are demanded. At a minimum, a successful entrepreneur requires courage, both to begin in the first place, and then to persist against the endless problems and disappointments. An entrepreneur requires honesty and integrity to win the support of customers, suppliers, and partners.
Action Exercise
Click here to learn more about an entrepreneurship business and how to earn P30,000 to P80,000 per month in 1 to 2 years, and P3M per year in 2 to 5 years.
Good day investing in your financial freedom future!
