MAKING MONEY FOR YOUR EFFORTS



MAKING MONEY FOR YOUR EFFORTS

WHAT IS MOST POWERFUL?

Review the payoffs, extra work involved, and then decide what will work for you to meet your overall goals and balance in life.

|P/O[1] |EW[2] |Type of “job” |Exists[3] | |

|9 |++++ |Your business, excellent prep., planning | |Must manage risk, be expert |

|7 |++ |Work, transition well into business |x |Safe base to go from |

|6.5 |++ |Work hard for a business |x |Good p/o for time |

|6 |++ |Work, plus time for own business |x | |

|6 |++ |Franchise, good record and pay |x | |

|4 | |Work for government |x | |

|3 | |Work not so hard for a business |x | |

|1 |+ |Your business, poor prep. | |Typical of MLMs |

|1 |++ |Franchise, not well-screened |x |These can be disasters! |

Don’t fall in love with the idea of working for yourself, as it may be appropriate for one to tie in with an already existing money-making machine. Creating your own can take a lot of time and the risk goes up, especially if you don’t do it right!!!

See also the piece on having products or services in your own business.[4]

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[1] Payoff overall.

[2] Extra work involved in creating, managing, planning, or just plain working hard. Starting up a business takes from 200 to 2000 extra hours. Working harder at a job takes about 300 minimum to 600 extra hours.

[3] A pre-existing machine for making money. You tie in and figure out how you can contribute the most.

[4] See , Financial/Material, Business section

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