Making Money - Online Business Opportunity

If you’re into building businesses than you might have already heard the saying “It’s all in the system” meaning that the success of a business is dependent on how well developed its system is. Oftentimes, stories of Henry Ford and Ray Kroc are set as examples especially on how well they have developed a system that pretty much works on its own.

The idea of building a good system is further expanded by the idea of franchising. Most books would refer to how successful Ray Kroc is in his McDonald’s business. Through franchising, we are assured that McDonald’s hamburgers and french fries will always taste the same no matter where we buy it in the country eventhough Mr. Kroc is no longer directly involved with the production and cooking. Put simply, we can define franchising as creating an exact replica of a system thus assuring the same output from it.

One more good side of franchising is that it allows other businessmen to venture into other people’s business simply by buying a franchise. If I therefore decided to buy a McDonald’s franchise, I will be soon running the business of selling hamburgers and fries without having to go through all the trouble that Ray Kroc had to go through. McDonald’s will handle the training of the crew as well as setting up almost everything and all I need to do is pay them the amount they require to buy a franchise.

Good as it is, to the eyes of the aspiring lower and middle class, there is one weakness to franchises and that is the price. Yes, buying a franchise is expensive. Though a franchise’s proven system assures a fast ROI, most lower and middle class people would not find enough money to buy the franchise. This is where microfranchising comes to play.

The concept remains the same. An aspiring businessman purchases a system (a franchise) and the main company setups almost everything that is needed to get Mr. Businessman started. This includes finding the right location to put up the business, training the staff, setting up the store / shop, as well as providing uniforms. The main difference however is the price. A normal franchise would most probably go in the order of tens of thousands of dollars while a microfranchise would suffice for $2,000 at most. Though a microfranchise would not earn as much as the typical expensive franchise, it does get the job done by allowing lower and middle class people to start their own business almost hassle free.

So, could microfranchising pave the way to riches for most of us? Probably. In fact, it looks promising that I will be purchasing my first microfranchise this coming Friday. For a mere $1,000 I will be able to start my own little food business.

Lastly, I think that no matter how good a system / franchise is, it still boils down to the attitude of the franchisee.

I will try my best to keep you updated with whatever happens to this relatively new venture of mine so keep coming back to this blog. You may want to grab this site’s RSS feed so you can stay updated easily.

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I believe almost every adult all over the world have been asked with this question.  A question that is both irritating and challenging, the question “Why don’t you get a job?”

This small world we live in is composed of different people with different reasons for living and different goals at hand.  Some are happy being employees, some are self-employed, some are businessmen, and yet others are investors.  However, there are also those who are jobless in every sense of the word.  But do you know that most of the rich and wealthy are actually jobless?  Better yet, do you know that they became rich by being jobless?

Perplexed?  Don’t be.  Let me explain.  There are types of jobless people - the poor & jobless and the rich & jobless.  On the poor side of the jobless town, we have those who don’t have a single cent to spend and are very very very very (add 1 million more very[s] here) frustrated with their current situation.  They will definitely grab and kind of job as long as it brings food to the table.  I know this because I used to be like this and I know a handful who went beyond the limits of law just to get money.  The poor & jobless are those we see almost everyday.  I guess I don’t need to exagerrate any further.

On the other hand, we have the rich & jobless.  They are rich because they decided to be jobless.  They are rich because they no longer work.  Don’t get me wrong, they didn’t become rich by being lazy.  It’s just that they saw the better part of being jobless and that is called freedom.  Why do I see that the truly rich are jobless?  Look at them.  They spend their time at their own leisure.  They play golf and travel the world for pleasure.  And yet they are rich.  You know why?  Because somebody else or something else is working for them.  Somebody or something funnels money into their pockets and they need not to worry about it all the time.

But, isn’t being employed a good thing?  It is, especially if it’s the only choice you have at the moment.  But being an employee can also make you poor.  This brings us to another type of person - the ‘employed & poor’ kind of person.  Note that employment does not guarantee you wealth.  What it guarantees you is a job and that job may or may not make you rich.  “How can being an employee make me rich?”, you ask.  Simple, by getting in your path to richness.

If you’re a business-minded person, then you know that tasks and deadlines always eat away most of your time.  That’s what a job is all about - tasks and deadlines.  When your job eats your time then you can’t focus your energies into building that dream business of yours.  In other words, you have to look for a way to work less and earn more and that can easily be achieved by building a business.

Furthermore, do you know that a businessman is not really jobless?  In other words, businessmen would only fit partially into the world of the rich & jobless.  A businessman still has tasks to handle and deadlines to meet.  Though they work a lot less and earn a lot more than the average employee, they still have some jobs to do.  The true rich & jobless are the investors.  Investors are the ones who really are jobless yet rich.  How do they do it?  Simple, they let their money work for them.  They invest in businesses and through this way, their money earns more money without them having to spend a single second worrying about how the business runs.  If ever investors do work, the only part of their body that works is their brain.  They think and decide - that’s what they do.  The rest of their schedule is whatever they want it to be.

So, why don’t I get a job?  Because in my case, a job will just cast my financial freedom farther from my view.  By focusing on building plans on how I could materialize my ideas, I may at the point suffer a bit more than the employed but I do believe that I will do better than most of them in the end.  I hope to come to a point in my life when I am driving my family to vacation singing songs along the way while my peers who laughed at me and asked me “why don’t you get a job?” continue to toil and work in the offices they work in.

Finally, I’m not in any way saying that everybody should do as I do.  If you think you should do the same, I want you to think a million times before you quit your job and jump into the fast lane.

After months of waiting, I finally got an email from Text Link Ads telling me that this site (www.mikelopez.info) has been approved into their system. I waited for that long because this website didn’t meet the TLA requirements before - my PR was low, my Alexa rank was bad, etc. So I did my best to boost this website’s status and it appears that I did good enough.

So, what is Text Link Ads? The best way to define what it is is to tell you what they can do for you and what you can do with them.

1. If you need inbound links, you can Buy Links through Text Link Ads
2. If you have a website and you want to make money out of it, you can also Sell Ad Space through Text Link Ads

As you can see, Text Link Ads is a good way to Monetize Your Site either through buying or selling links. Usually, people buy links to promote their products and increase their Google Pagerank and if you’re planning to do just that, then good news because TLA is giving away $100 in FREE Links. Not bad huh?

So there you go, I’m happy and so should be you. If you’re not a TLA publisher yet, then I suggest that you sign up for a TLA account now.

Do you remember those butterflies in your stomach when you first entered school?  Or perhaps that moment in life when you wrote your first resume?  First girlfriend / boyfriend?  Well, it’s always tough to take those first steps and I am not exempted.

I’m writing this post simply because I am once more experiencing this tough moment in life, this moment when I need to take that first step into a new world which I am very unfamiliar with.  Ok, let me blurt it out.  I’m talking about making changes in my business model and though I find the ideas that I have in mind very promising and though I have made all the necessary studies about my plans and find them to be good, I still feel uncomfortable in taking that step into making changes in my business.  After all, the business has been working well without the changes, so why make the change?

I’m sure you’re getting my drift.  Thing is, I’m planning to hiring people to increase sales and productivity.  Problem is, I’m bombarded from all directions with the question, “What if doesn’t work?  What will you pay them?  Where will you get your employees’ salaries?”

I know I’m just being a coward.  I remember Robert Kiyosaki in the book Retire Young, Retire Rich driving in the idea of “don’t argue with a good idea” and I know that I have a good idea at hand so why am I feeling afraid of turning that idea into reality?  I guess, I’m just being a wimp.

Deep within me, I know that I need to take that first step into making a big change in my business.  I need to get people to work for me so I can stop working for money.  Yes, I do own a business but I’m still a slave to myself since I can’t really find enough free time for myself.  Basically, according to Cashflow Quadrant’s definition, I’m not a businessman.  I’m just self-employed and the keyword there is ‘employed’.  In other words, I’m still an employee - an employee of myself.  If I want my business to grow, then I need to increase my workforce.  I have to start learning new things such as managing people and the like.  Also, I have to make sure that I won’t be putting more load on me in the process since my goal is to have less work, more time, and more money.

Ahhh, it’s a tough decision for me to make.  I know that many people out there have made the decision and succeeded.  I know many people who failed too.  But what’s the problem in failing?  I’m already convinced that there’s wrong with failing.  The only thing that can be wrong is when I stop when I fail.  In other words, I have to move on.  Problem is, I’m afraid to move on and I haven’t even failed yet - I’m just anticipating the failure and I feel afraid already.  That I have to deal with.

Until next time…