How to Get Paid Twice For Your Work
In an ideal world, everyone is getting paid for nearly two business since … at least for their hard work, build their interest. The reason for the number of building good business decision. There are three most obvious and popular. Of these, two, that is, the less money to work more than one-third or more be reported. This post is probably the most important – the future of the market … how two times and all you are 9 you can get paid for the first three reasons, the focus I'm going to efforts to five.
Having spent time with a number of entrepreneurs and would be entrepreneurs, I have found the two reasons why most entertained the idea of starting a business were generally the prospects of higher income, greater flexibility/working less, or a combination of both. Though some mention the idea of future salability, the tone of quite a few of them suggests it is more of a fantasy than a realistic goal. It’s no secret that business owners tend to have above average incomes – according to salary.com the average salary of a small business owner is $233,600 – and they are perceived to have greater flexibility in their work load and schedule. (The perception is only true in some cases. I have found more than a few unfortunate business owners who are tied down by their enterprises to a greater extent than your average salaried employee; some by choice others by business demands. But for many, they do enjoy a level of flexibility beyond that of their employed friends.)
Besides the owner might earn more money and time to pursue with the efforts which he or she enjoys, there is a third important reason for the construction of a small business: the creation and expansion of a marketable asset.
For those who happen not to be in a position where they share options or involve some form of an equity stake in a business that is their only compensation for their work, their income. It can take several forms, such as salaries, bonuses or commissions, but whatever form it is what it is. You can get a raise, but it will not be paid twice. Their content can not be multiplied. But for the lucky people who own marketable business, they are paid, in fact, twice for her work, if at the present time, and secondly, if their company is sold. For every new customer they win, you not only get the proceeds from the sale of the current case, they now also have a larger customer base. For each sale they make, they not only reap a profit, they also increase the overall revenue and profit growth for their companies. In the end, to produce their work is not only an income, it is expanding the assessment of their business. And who would not?
In keeping with the theme, I’d like to make mention about one other scenario relating to the subject. I don’t know the stats, but it occurs to me that many existing businesses are profitable for their owners but are not structured so as to be saleable such as one-man operations, businesses heavily dependent on the skills or network of their owners and the like. I should think that most of these could benefit from being re-structured and run with intent to become saleable, at least if the owners are interested in building an asset.
Question: What business opportunities would be well suited you? What is your plan to pursue them?
www.leadingbythinking.com