Achieve Financial Freedom - Start Your Own Online Business!

Aug 26
09:27

2008

Yasir Khan

Yasir Khan

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This articles elaborates on how you can achieve financial independence, regardless of what your profession is. It also includes one tried and tested way to set you on your way to financial freedom. This article is a must read!

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Most people dream of two things: Lots of money and unprecedented success. One of the most common traits of man is to yearn for something which he does not have. The sad part is,Achieve Financial Freedom - Start Your Own Online Business! Articles only a negligible percentage of people in the world can achieve either of the two dreams.

Upon close scrutiny you will find that although being rich is considerably difficult, doing so can easily pass as a science. It is a science because it can be easily duplicated using a defined set of rules. There is a high chance that if you do exactly what rich people are doing, you will starting getting rich. On the other hand, being popular and successful is more about finding what ultimately works for you and for this reason does not pass as a science. It is, in my opinion, an art, which even less amount of people can get good at.

This article is about achieving financial freedom online. I have taken the time to write this article because I feel that people have (largely) been kept in the dark as to how they can make their money work for them as opposed to the other way round. It is quite sad when I see people working for a minimum wage job, slaving away for the whole day for a meager paycheck, whereas they can start their own business and earn 10 times the current amount without much hassle. Apparently, people think a normal job, as opposed to starting a business is more secure. However, if you look at the dramatic down-sizing in recent years in virtually every industrial sector, you would see that a 9-5 job isn't so secure after all.

The main reason why people have no idea how to achieve financial freedom is because they are never taught this in school. Most schools today religiously aim at creating employees (as opposed to employers) out of their graduates. It is mostly people with lesser education who start their own businesses and achieve financial freedom. This is because they are less conditioned by our schooling system and take the risk in thinking outside the box.

Just so you know, achieving financial freedom and working a normal job do not go together. Have you ever heard an engineer or accountant say or feel that he has achieved financial freedom? I never have! The reason why working for someone is detrimental is that in doing so, you are consciously working to earn a paycheck and never come to a point where you can use your ideas to earn more. An absolute truth is: A good employee is always rewarded by more work (and a slight increase in pay)! Remember, an employer would NEVER hire you if the amount of money he spent on you was more than the benefit you were providing him. So by working a normal job, you are providing to your employer way more than what you are being compensated for.

That being said, one of the easiest ways of achieving financial freedom is to start a business online, as opposed to having a brick-and-mortar business, which has many distinct disadvantages. Brick-and-mortar businesses are a thing of the past. It is predicted that within the next 10 years, the manufacturing sector in USA and Canada will diminish to a small amount, as a result of the intense competition from cheap output from Asian countries. This point once re-iterates the fact that you should concentrate on building your business online. The coming years are the ones where service and finance industries will boom, so look for the service sector for lucrative opportunities.

So how can you achieve financial freedom online? Is there a secret formula which can instantly make you a millionaire? Browse the web for that secret formula and I can assure you that you will find millions of websites promising you INSTANT riches. The secret is: There is no secret. Nothing worthwhile is ever achieved without hard word and dedication. On the other hand, all hope is not lost. If you try to copy people who have already achieved financial success, you have essentially completed half the journey! Go ahead, read the success stories of major internet marketers such as Stone Evans, Ewen Chia and Brad Callen. Understand why what they did worked and you will have great ideas on how to start your own business.

Another opportunity which has made millions for its members and has been proven to work time and time again is the Plug-In-Profit website. This website is created free for you and presents 6 passive income opportunities. You can find out more about this service by visiting my website.

However, to give you a brief idea on how people should proceed to start their own internet business, take a look at the points listed below:

1. Research and choose your niche which you are going to promote

2. Build an online presence via article marketing, social bookmarking, email marketing etc.

3. Drive traffic to our website by purchasing PPC advertising, getting high search engine rankings etc.

4. Make sales once your website gets an adequate amount of visitors

5. Grow your monthly income to an extent where you can leave your job.

6. Do not stop here. As soon as you start earning a consistent amount per month, you should consider branching out into other niches.

Now, I know this is a horrible over-simplification, but it makes the whole process easier to understand. I can never put the whole idea of achieving financial independence in one article but you can get more info by visiting my website.

Remember, the key to achieving financial freedom online is to consciously work towards your goal, pace yourself and be fully committed to the cause.

I hope this article was able to increase your knowledge in this subject area.