40-40-40 Plan (Rut)

40 minutes going to and from work 40 hours of work per week 40 years of life spent working slaving away for someone else?

When things get unfairly tough at work, do you still dream about your own home business – what you would do, how you would run your own home business, how you would treat your employees, what kind of money you would make, what product you would sell? Then when you decide to make a change in your life, do you look for another 40-40-40 job, putting your dream of your own home business on back burner again for more of same?

Do you know end results of 40-40-40 plan? 1% are wealthy enough to retire in comfort 3% are barely able to survive 27% are dead 69% are dead broke

Do you want to be in top 1% that is willing to do something about it now, before it is too late? Being a former Human Resource Manager, I knew these statistics all too well, and I decided to take preventative measures.

Since you are still reading this article, I am going to assume you are looking for a change, moreover, a change as quickly as possible. So, let me share some of wisdom I have gleaned from looking for a home business opportunity.

The two major focal points when looking for a home business opportunity are ones that will:

·optimize your efforts and time ·produce optimal financial rewards

Below are seven simple criteria to consider when looking for a home business opportunity:

1.Look for a business opportunity that offers a product or service that is, or will be, used daily by every household and/or business…

Think about products or services in your house that probably everyone around globe uses on a daily basis. For example, services such as utilities, communication, appliances, etc., or products such as shoes, clothing, soap, etc.

Now think bigger – a product or service used on a daily basis AND that would represent a paradigm shift. For example, a paradigm shift was created in global communication when Alexander Graham Bell invented telephone. Before 1885, no one had a telephone, nor had they ever heard word “telephone”. Today, how many people do you know that do not have a telephone or cell phone?

Another paradigm shift was created when first flight was made by Wright Brothers in 1903. Today, man has already stood on moon. Make yourself a list of products or services in your house that you can research to consider for a business opportunity.

2.Search for a home business opportunity that offers a product or service that has a global market…

It’s a small world. Plain old common sense would tell you that a home business opportunity with a product or service that has a global market would produce warp speed revenue when compared to one that is only within a local, regional, or national area. For example, revenue produced from Microsoft with a global market is light years greater than that of a local shoe repair shop.

In addition, as you research this global home business opportunity, you will want to make sure that you are not required to stock products. It is time consuming to order products, receive and send out products, manage backlogs, etc., not to mention additional costs out of your pocket for shipping and mailing. You also encounter product changes or upgrades that makes your stock obsolete. So, avoid these types of home business opportunities like plague.

3.An absolute must! Find a home business opportunity that incorporates leverage in its pay plan…

A business opportunity that incorporates leverage in its pay plan provides best of both worlds. Leverage is a relatively simple concept. The best example is probably Ray Kroc and McDonald’s. Ray Kroc set up franchises for McDonald’s that agreed to pay him 3% of their profits.

In essence, McDonald’s sits back and collects 3% of profits resulting from others exerting their time and their efforts. Let’s say, just for discussion purposes, that Ray Kroc sold 100 franchises and each produced profits of $50,000 that year. 3% would have produced $150,000 for Ray Kroc, yet he personally exerted no effort or time himself. What he did do though was brilliant, as he applied leverage by selling franchises, and became quite a wealthy man as a result.

Leveraging your home business will minimize your time and effort while maximizing your financial rewards. In a relatively short period of time, your home business will take on a life of its own, and you will be on fast track to healthy wealth.

Ultimately you too, for that involvement and intimacy with your business, be it small or large, will make difference between failure and success.

Here's why...

It's been a pretty good domestic weekend around place - not done a lot, but I have done what I've wanted to do - and that makes difference.

I changed my role when I first left employed world. Having been a manager for over 25 years. I became a true employee with a manager breathing down my neck. It was most difficult thing to accept. It wasn't because I could do it better (although, then again...!), more it was that I had just no control at all. And I realised that most people who have jobs are total employees and have little say in what they do or how they do it. They are 'done to' rather than deciding for themselves and getting creative and involved.