So,What is the best vehicle to get on the pathway to real wealth yet making immediate income? One that you could use with a full-time job or not and still make it happen.
You might already have 5% of your portfolio in gold and 5% of your portfolio in bitcoin, stocks and maybe a little real estate. See the chart below on the best place to put your time and money.
Investment Type | Pros | Cons | Leverage Potential | Initial Investment | Risk Level |
Stocks & Bonds | – Relatively liquid – Can be diversified | – Limited leverage – Average returns – Vulnerable to market volatility | Low | Low to Medium | Medium |
Cryptocurrency | – Potential for high returns | – Extremely volatile – High risk – Limited established leveraging models | Low | Low to Medium | High |
Real Estate | – Leverage is possible – Potential for appreciation & rental income | – High initial investment – Iiquid – Requires significant time & effort | High | High | Medium |
Brick & Mortar | – Leverage is possible – Potential for stable income | – High overhead – Significant risk – Requires extensive management | High | High | Medium to High |
Online Business | – Lower initial investment – Potential for scalability – Diverse business models | – Requires digital skills – Competition is fierce – Success is not guaranteed | Medium to High | Low to Medium | Medium |
From the above chart you could see that an online business is a Strong Contender:
Let’s further break down the requirements:
- A vehicle with the highest possibility of return so you have equity to leverage with the least risk (see the chart below) with income: This is the holy grail of investing, but it’s important to understand that higher returns generally come with higher risk.
- The vehicle must have the ability to leverage equity: This is crucial for maximizing returns.
- The vehicle must have a minimum investment: You want to start with as little capital as possible.
- The vehicle must be a proven business model: You’re looking for something that’s already working yet custom to you.
- A vehicle that is progressive but not a fad: You want something sustainable, not a short-lived trend.
- A vehicle that aligns with your passion: You need to genuinely enjoy what you’re doing.
- A vehicle with minimal time: You need to work on the business not in it.
Based on the above criteria, an online businesses seems to still offer the most potential. And don’t forget the income coming in.
It affords you with:
Minimum Investment: Many online businesses can be started with minimal upfront costs of $500 or less.
Leveraging: While traditional financial leverage might be an option, you can leverage your time, skills, and digital assets to grow your business plus equity once it gets going. You can also reinvest profits to grow your business.
Proven Business Models: There are numerous established online business models, including:
- E-commerce: Selling physical or digital products online.
- Content creation: Building an audience through blogs, videos, or podcasts and monetizing it through advertising or sponsorships.
- Online services: Offering freelance services, consulting, or online courses.
So, what online business do you want? What is the best business model for your particular situation?
Finding the Right Online Business
To find the right online business, consider the following:
- Your skills and interests: What are you good at? What do you enjoy doing?
- Market demand: Is there a demand for the products or services you want to offer?
- Competition: How competitive is the market?
- Monetization strategy: How will you generate income?
- Here are a few other questions.
- Do you have a flexible schedule? ( 5 hrs a week minimum)
- Are you passionate about your business model?
- Do you have the skills to build a business? If not are you open to one-on-one assistance and training?
If you have answered the above questions and feel you are a super Candidate for our proven system for starting a side-gig and would also like to begin leveraging equity in the next 3 to 6 months then set an online complimentary review of your particular situation at this link. Or get the book, “10 Immutable Laws of Business Ideation” to begin the path on your own.
Leveraging business equity is the fastest path to wealth. You could have a million dollar enterprise in 3 to 5 yrs, with the right moves. We have the numbers to show you. Plus, the book with a proven system that gives you 10 gates to pass through before the launch.