Wednesday, June 21, 2006

The J.O.B.

Many people especially Network Marketers ridicule regular employment. They say that the J.O.B stands for Just Over Broke. And they are right! You really do need to do something else on the side.

But hang on to that Job of yours while you are building your business or your investment portfolio. That JOB of yours is great for a getting a loan or a mortgage or to qualify for joint ventures.

Even while you have other streams of Cash Flow coming in make sure you have at least 6 months and maybe even two years worth of income saved up in some safe place that you can fall back on. Then you can quit your job.

Even the world’s wealthiest man, Bill Gates follows this philosophy. Microsoft sits on a huge amount of cash, 2 years worth of salaries etc.

No comments: