My blog yesterday spoke about a method using teaching in the science and skill of navigating the web to either make money doing that, or prepare yourself for some other web related venture.
In analyzing my choice for a second earnings stream I decided on some base criteria that the company absolutely had to have if I was to join them. That criteria included the following.
The Parent Company Needed To Be Financially Stable.
Warehousing And Distribution In Place.
Ownership By A Person Rather Than A Board.
Manufacturing In House.
Origination Of Products In House.
International Bases For Sales/Warehousing/Distribution Developed.
An American Company, Based In America.
Wealth Building Strategies need to focus in America.
Seems like a tall order, but if one is leaning toward a future connected to the sale of some product or commodity then it needs to be a sound, stable operation. Very important to me since I live in America, that it be American ideally with an owner who has guts and vision.
In creating this Wealth Building Strategy a vital piece of the puzzle is the type of product. Now when I chose the internet as a medium to operate within, the reasoning was simple. Computers and the internet are the future and although the web has been around a while from an evolution or growth viewpoint it is still an infant.
Therefore if the same rationale applies the product criteria should be the same [futuristic], a good choice is the health and wellness arena. People living in our country and other developed nations such as Japan, the UK, Germany, France etc all have what we call baby boomers. This group were born between 1946 and 1964, in the US we number [I am one] approximately eighty million. All of us retired or seriously thinking about it because we are close to that point in life [who said you have to retire anyway?].
Many are all struggling with the same issue, how to fund my retirement? We all worked hard for years because that was our upbringing. So, back to my subject of Wealth Building Strategies, continuing work is a good thing, just do it from home.
When broken down into logical steps, it becomes quite simple, follow this
Learn the required skills [previous blog/applies to any product].
Build a presence on the web [get noticed] blogging is a good way.
Use what you learn to develop your business, or sell your product.
You now have two income streams developing.
Both businesses offer good products, both businesses allow you to acquire distributiors via a team approach. Both allow you to sell if that it what you want. The point is if you operate on the web, you must have the skills to navigate and get noticed. Once you do that you must have a good product offering. People who buy generally spot when they are being ripped off.
In conclusion the entrepreneurial journey is not for everyone, but if it is then a solid plan and knowledge are vital. It is hard work for a while, but the rewards are more than equal to the effort. Make sure your Wealth Building Strategies suit you.
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