Are you considering starting your own business? I believe you should, that is why I have started Gary Sager's Official Blog, to provide you with resources, business building tips, and tools to help insure your success. Bookmark this site and come back often to build your business and wealth.
Think about the advantages of owning your own business.
1) By building your own business and investments, you have multiple streams of income to recession proof your income. Housing prices have melted down in many areas of the country, fuel prices have skyrocketed, which affects the price of many goods we buy. Airlines have raised prices and cut service. All of these factors play a role in making our economy what it is today.
2) There is no job security. The only security we have is the actions we take ourselves.
3) Many companies do not have a pension plan, and those that do, their pensions are at risk.
4) Owning your own business can increase your income and is the only predictable way to build wealth.
5) Be your own boss. In other words control your destiny. Put yourself at the helm of your own ship, instead of being at the dock to have to unload the ship. Be in charge of your own time. Do you and your family deserve more? – more time, money, vacations, education or the ability to support the causes you believe in? To get what you deserve you must be in control.
6) Business owners have advantages given to them by the state and federal tax codes. “There are two systems of taxation in our country: one for the informed and one for the uninformed,” Judge Learned Hand. If you have a J.O.B. that is just over broke, or just over bankruptcy, you can immediately increase your take home pay by claiming more dependents to have income to pay for your expenses of building your own business. See your tax advisor for more specific details.
The goal of Gary Sager's Official Blog is to help to create businesses and investments that can run independent of the owner in their day to day operations. The owner then has more time and money to build wealth and more businesses and is not just running a business as another job.
I believe you deserve more and a business is the most direct and predictable way to get financial freedom.
Monday, July 13, 2009
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