Thursday, October 8, 2020

Start your business with 20$ balance

  what I am about to tell you, I hope and pray it helps you. Next, all of the income you can and will earn is important. It can be $1.00 or $1,000. This will take some time and hard work, but you have to stay focused on whatever goal you set for yourself and your family's financial future. I use something I came up with called the Three Pillar System. The three pillars are (1) Personal Income/Expenses Pillar, (2) Personal Banking Pillar and (3) Retirement/Special Projects Pillar. I am going to tailor it to your situation and $30. Step One allocate $10 to each pillar. So, you have $10 for personal use, $10 for Your personal bank and $10 for your retirement fund. I don't know what country you are from but I would tell you to start with something you can immediately start making money from and that is online surveys. Use the surveys to prime the pump and get cash flow coming in to your pockets. Set a daily, weekly and monthly goal of how much you would like to generate in cash. Remember the surveys are only there to get some cash flow. The income from surveys you allocate to each one of your pillars, $5.00 here, $3.00 there and keep building. It will seem like you are not moving forward but you must stay consistent with your goals and plan. You will see your balances in each pillar grow and your confidence in yourself will grow as well. It is pretty clear what the Retirement Pillar is for … for your future. Let's talk about the personal banking pillar. This pillar you use as your own bank. You borrow and lend to the various money making opportunity ventures that come your way or you come with to make money. When you borrow remember this is YOUR INVESTMENT CAPITAL. You have to be diligent and focused on the money lent getting paid back. When you borrow you charge 10 - 15 percent to the venture you lent the money. So, if you lend $100, you get back $110 - $115 as the loan payback. As you can see it is a financial management system that you must be diligent with and focused like a laser. Initially focus on cash flow from the surveys (I say surveys because you can start with no money out of your pocket). But when your personal banking capital begins to grow and retirement fund grows, you can decide on where and how to invest your capital. If you do not have access to online surveys, let me know and we can brainstorm for other prime the pump alternatives

No comments:

Post a Comment

لاكي لوتشيانو lucky luciano

 كان لاكي لوتشيانو ، واسمه الحقيقي سالفاتور لوكانيا ، أحد رجال العصابات الإيطاليين الأمريكيين وأحد أكثر الشخصيات نفوذاً في الجريمة المنظمة خ...