In todays economy its almost mandatory for a person and/or family to have multiple sources of income just to say afloat. I encountered a person recently of whom works a full-time job, drives for Uber and something else on the weekends, that totally blew my mind. But to be honest, its not all that shocking.
This is why I think its so important that we examine the idea of jumping into entrepreneurship. Maybe not full-time, but at least on a part-time basis.
Let me share with you 3 of those reasons:
- Extra Income
As I mentioned above, in todays economy we could all use a little extra income coming in on top of our daytime jobs. For those with families, the expenses of braces, sports, class photos, projects etc, totally can add up each year to the equivalent of a full or part time job. The only way to try to give your family some of these additional benefits is to have some sort of extra income coming in that is not calculated with your monthly expenses.
2. Additional Time Freedom
DISCLAIMER: Time freedom won’t be available for a while, but it will come.
One of the best things I ever did for my life was starting a business while working a full-time job. Granted, I had ZERO time freedom for a few years, but once I was able to get my business to a certain place, my seemed to free up a little more. Now I still work really hard and can’t just go and Eat Pray Love across the world, but if I need to I can take a break and hang by the pool or go visit a friend, because I created a business where I only need my laptop.
3. Long Term Financial Goals
This one is actually my favorite. Many times we focus on today but neglect to think about when we turn 50, 65 or 80; what type of life do we want to live when we are no longer able to work like we did in our 20s and 30s. Personally, I want to set myself, my family and generations up for wealth and legacy building. Unfortunately, the person that hires us for a job has created their business for their financial goals, now we have to create the same for ourselves. I love the United States of America and am so grateful for the freedoms we are given, but we have to be honest, the USA is not set up so that when we can no longer work that we can have $100,000 a year coming into our homes to take care of us. Heck, I do not think any country is set up that way, BUT we can start a business NOW and make sure that that takes place.
We just have to THINK about then vs today.
Its totally been a joy learning about business, wealth creation and then teaching it to each, but today I want YOU to focus on YOU! Are you setting yourself for more money, time freedom and wealth?
If not, its ok you are here reading this.. YOU CAN START TODAY!
My new digital school of entrepreneurship launches THIS FRIDAY called Define It Declare It Brand It, where for 6 weeks I walk hand in hand with you and 100 other students, strategically helping you come up with Creative Ideas for your business, actually BUILDING a legal business, choosing your products, branding and marketing your business.
You see, I have worked with HUNDREDS of entrepreneurs with great business IDEAS but absolutely ZERO structure to actually build their business, and so we create this school with YOU in mind.
Join the list ASAP – and get ready for Launch Day June 29th!!! See you inside the school.