So you want to own your own business. I think that is a wonderful idea and applaud you for taking a step towards being your own boss. But I ask you, have you weighed the different possibilities?
Traditional business models and franchises can produce a significant profit for those owning them. Unfortunately, it usually takes several years before you see any profits. If you last that long. Most new businesses only last a few years and never reach the profit stage. That is a few years of your life that you have now wasted. So what are the alternatives if you want time freedom and financial independence? Few people know of the advantages of the new internet business model.
Lets take a moment to compare the two side by side. Here is the breakdown:
Franchise and Traditional Business Models
-Investment of $100,000 to $2,500,00
-Five years until profit
-15% profit or less
-16 hour work days as owner
-$40k typical owner annual salary
-Employees – often teenagers
New Internet Business Model
-Investment of $2,500 to $25,000
-Fifteen DAYS until profit
-75% profit or more
-3 hour work days as owner
-$250k+ owner annual salary
-No employees
While these are all impressive statistics, there are also some other benefits to the new internet business model. With traditional business models and franchises you will have daily inventory, expensive rent, pricey insurance, more taxes, and less time freedom. With the new internet business model, you have no inventory, no rent, no insurance, less taxes, and more time freedom to do the things you really want to be doing.
The days of trading time for money as an owner or employee are over. With the new internet business model you can leverage your time, money, and yourself to getting the success you deserve. No more driving in rush hour traffic. No more working at a job you hate doing. No more working when someone else tells you to. It is time to make that decision to become financially independent and have the time freedom you desire. The only thing stopping your success? YOU! Make the change that will change your life.