When considering a career in any field, it is important to stack up the pros and cons to find a job that suits your interests and personality. Considering we are possibly discussing the career you will have for the rest of your life, this is not something to be taken lightly. Here are some of the main things to consider then comparing online businesses to the average nine-five job:
(1) Time Flexibility: As Flexible as a Rubber Band or Solid Steel?
Ever needed time off, but the slave driver of a company looked in the system and said, “Sorry, you do not have steel bite pro any personal hours or vacation time available.”. That happened to me when I had a real emergency at home. After I hung up and glared at the phone, I decided to contract a horrible sickness. Miraculously, it only lasted two nights…
The point is things happen and most jobs do not work with you for time off. However, with an online business you are able to choose your hours. If an emergency comes up, you can always make up missed time without being punished for it. Eventually, you can build your online business up to where most of your income is generated on autopilot. This allows you more free time, and there is not as much pressure if you want or need a couple days off.
(2) Income Streams: Bet You Did Not See This One Coming
Let us get straight to the point. With the nine-five job there is generally one source of income (your hourly pay) and maybe some bonuses thrown in every now and then. With online businesses it is completely different. Here are questions you need to ask:
- What are my investments? How much is it really going to cost to meet your income goals? There are online businesses that claim to have zero down costs. Then, once you sign up there are suddenly all these programs and software you need to buy to be successful. Be careful when a business claims it will make you a lot of money while being “free” of costs.
- What are my commissions? How much do I have to sell to actually make something? Top tier (high commission) products are the way to go with online marketing. You are marketing to a large enough consumer base (millions of people online) where selling higher priced times is not that difficult. It simply requires time and effort.
- How many sources of income do I have? How many different ways are there to make money? Some online businesses even have the chance to earn residual income from teams that you build. This is excellent because it is easy money. However, it helps if you can encourage and help your team to achieve their goals. Is this necessary? No. Does it help you build a bigger team, therefore making you earn more residual income? Yes.
(3) How much effort is required? This May Be a Little Tougher to Swallow…
By now you probably understand that there is substantial more opportunity of achievement and financial success with online businesses than a regular nine-five j-o-b. However, you have to put in a lot of effort to make your business successful. There are jobs out there that you do not have to try hard to do…yet, these are the same jobs without flexibility and leave you biting your nails until you can get your next paycheck.
Making that 5-7 figure income is not as simple as working 1-2 hours a day and expecting it to happen. This is not how it works, and I want you to be fully aware of that. It takes time and patience to build your business up to that point. This is especially true if you do not have any money to spend on advertising in the beginning. However, the rewards are waiting for those who have the will, endurance, and patience to wait for them. As Fay B. Nash stated:
What a man really wants is creative challenge with sufficient skills to bring him within the reach of success, so that he may have the expanding joy of achievement.