21st Entrepreneur
Which
Business is best for me?
Can
I cope with borrowing money to start up?
Can
I pull through with the high mortality rate of most small scale businesses?
Who
are my biggest competitors?
How
will I get startup capital?
There
are a multitude of them. Questions we ask ourselves when we want to make a
vital decision about business. We can’t help but appreciate the extra cash one can get when you run a lucrative
business part time or full time.
The
reasons one engage in businesses may be:
We are done with paid employment. There is a point a business
oriented employee gets to and he /she knows that there is more to life
than employment and pensions
FREEDOM: The time freedom to do ventures that directly influence
your income.
SATISFACTION: This is the likely satisfaction an entrepreneur gets
from adding value to the society and being paid for it.
4 EMPLOYMENT: You don’t have
a job; you need a source of income.
PASSION: You are
passionate about meeting a particular need and getting
paid for
it.
Most
Businesses require a capital in the range of hundreds of thousands to millions
for startup. Banks don’t give out loans to business startups easily for the
simple reason that it’s a gamble. They need to see you in operation before they
aid you. You don’t walk into a bank with a million dollar business idea with an
empty savings account.
To start
businesses on a small scale is common, but most small scale business cannot
grow into hundreds of thousands in profit monthly except there is a loan
facility involved. The bigger your business grows, the higher the number of
competent staff needed, and overall business expense.
So let’s say you begin a
service oriented company of fixing laptops. The higher the number of clients
you have, the higher the number of capable staff you need, Because of the basic
reason that you can singlehandedly fix 500 laptops weekly.
Why not try out the 21st century
business and be a millionaire in less time, with far less risk and less
capital? In fact this business module is so good that it can be done easily part
time while working for a Boss. Most people will never be aware of this old
business module till they die hence they will forever live less than potential.
Let’s say you really had a choice to choose between two fantastic business
models.
There are
the Traditional and the 21st century business model. The
traditional business model is traditional or regular business while The 21st century
business model is Network
Marketing
.
These are a few differences between a traditional business model and a 21st century
Business model
Traditional
Business Models
|
21st Century
Models
|
Growth
needs loan facilities
|
Growth
does not require any loan facility
|
Continuous
monthly influx of Capital
|
No
continuous influx of capital, Startup cost only
|
Start
capital is relatively high because most times, Assets like land and
machineries are required
|
Comparatively
low because it’s mostly run from the comfort of your house.
|
Payment
of staff salaries
|
No
payment of salaries
|
Age
is a factor.
|
No
Age barriers
|
Practical
and Limited earnings
|
Ridiculous
and Unlimited earnings within a short period of time
|
Can
be easily crushed by competition if rival company has bigger and better
services or goods. Or cheaper and more effective service delivery
|
No
competition whatsoever, free level playing ground for all.
|
You
are likely to invest
|
Not
needed. It’s a business model based on convenience. Infact it can be run part
time till its big enough for the owner to go full time.
|
In
a small scale business, Absence or death of owner leads to death of business
|
Absence
or Death of owner does not influence business growth. It will always grow
exponentially.
|
One does
not have to be genius to see that it’s a great idea to get started in a 21st century
business model build massive income and then invest
in
any traditional business of choice. Download this short audio to have a better
picture of what this is about.



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