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LET'S GET AHEAD! Make Money, Save Money, Live Better!
Karma Sutra Cash ! - Use Many Positions and Make Your Cash Come! … by neil smith
Posted on 2008-Aug-20 at 03:57 - Post Comment
8/20/08
The days are over for working 35 years for one company, getting your gold watch and a retiring with a median income! That went the way of 50 cent gas and nickel Pepsi. It’s a brave new world out here and now you’re on your own more than ever before. This may be frightening for many, but I think it’s getting back to what America is all about.
If you want someone to wipe your butt and provide for you your entire life, there’s plenty of communist countries that would love to have you. Go for a visit, tell me if you want to live in any of them once you're done.
Freedom is a dangerous thing and really no different than any other investment in life (that’s right - I called freedom an INVESTMENT). With the freedom to forge your own path, you also expose yourself to a great deal of risk along the way. But as we all know, the riskiest investments are also the ones that stand to provide the greatest returns and it is the hope of these great returns that founded this awesome environment we find ourselves in full of great rewards for those who put themselves out there and really go for it - and also complete devastation for those who don’t have the will to position themselves for greatness. Positioning yourself for greatness is what I am going to write about today.
The old way of thinking was that you choose one position in life, or learn a trade and that becomes mainly who you are and what you do. With globalization coming into our lives, it is getting tougher and tougher to become wealthy and secure with just one skill and once source of income and it is becoming even more apparent in this new age that one of the best ways to have financial security and achieve wealth is to position yourself in several ways in order to have MULTIPLE STREAMS OF REVENUE.
Think of it as placing a bucket in a rainstorm. There are millions of drops of rain coming down, but if you only place one bucket out there, how much are you really going to catch? (Do I really have to explain that the raindrops represent dollars and the one bucket represents your chosen trade?). If you only have one stream of revenue coming in, you are cheating yourself and missing A LOT!
Now I’m not saying that it’s bad to have a trade. I’m not even saying that it’s bad to have a normal dayjob. All I am saying is that you should figure out creative ways to generate income doing some of the other things in life that you enjoy, build upon them and as they grow, if you so choose, your regular dayjob or trade can take a less dominating role in your life or at least you can have the great feeling of knowing that if something should happen to that trade or dayjob, you already have other streams of revenue which you can turn a greater focus to and build upon.
I guess the best way I can illustrate this is to let you know what my wife and I do. She has a normal administrative office dayjob, but she also enjoys painting and sells her work on eBay. She doesn’t sell a lot, but she sells some and generates a bit of money doing it. She also records voice over work from home on our computer for phone systems, commercials, podcasts and anyone else that needs her style of recorded speaking. Once again, she does not make a great deal of money doing it, but she makes some and enjoys it. When combined together, all these different things make up a complete financial picture for her. She also loves cooking and country music and has started her own combined blog about it at http://www.countrymusickitchens.com where she will soon have ads placed (much as the ones you see on my website) which, in time, should also generate revenue.
As for me, I am a professional guitarist and vocalist. I perform all over the Southwest with different bands as well as performing solo. I also do session recording, voice over work, freelance promotion jobs dressed as a chicken Elvis (see http://www.elvispoultry.com ) and have recently expanded from performing to my interest in personal finance to start this blog which of course has advertising on it to generate revenue. I do a great deal of outward advertising for myself and throw my business cards all over the place for all the different things I do in order to take advantage of whatever may come my way. In other words, I have placed many buckets in the rain and as a result, I am able to gather enough to pay my bills, own a home (well, I have a mortgage which I pay extra down on every month), own my car and basically live an independent life where I am my own boss.
It would be very hard for me to get into real specifics here in this forum to advise you on exactly what YOU should do, because interests and personal situations vary wildly. I instead urge you to use your own creativity to find ways to make some money doing things you love to do. It doesn’t have to be a lot of money, just some. Then once that is established and producing for you, add something else you love to do and so on and so forth and before you know it, you too will be on the receiving end of multiple streams of revenue having mastered THE MANY POSITIONS OF KARMA SUTRA CASH!
Now stop teasing and go make your CASH COME!
Please visit my website at http://www.letsgetahead.com for more great articles like this one!
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