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Three lifestyle paths: Which would you choose? (from Click Millionaires)
Traditional Start-up Approach
* Have a brilliant idea and take responsibility for starting a new company * Raise money from out-side investors * Hire people to grow the company as quickly as possible * Manage employees * Pay overhead costs for office, parking, furniture, insurance, etc. * Commute daily * Lots of meetings * Work very hard for years hoping to make yourself and investors rich by selling out via merger or IPO * Try to retire young * Wonder what to do next if you succeed * Start all over if you don't... [Okay] |
Working for a Company/Organization
* Collect paychecks with little upside potentials * Follow management's growth decisions * Commute to the office daily * Meetings * Work to meet goals set by your boss * More meetings * Support boss's dreams of getting rich * Live for the weekend * Hope to survive downsizings * Hope to save enough for retirement * Wonder if life is passing you by... [Better] |
Click Millionaires Strategy
* Build profitable projects that support your lifestyle and allow you to pursue your interests * Fiund yourself (bootstrap) * Keep control for yourself * Focus on profitability and lifestyle instead of growth * Work from home or wherever you like * No commute * Little to no office overhead costs * Few or no meetings * Freelance contractors (less expensive than staff) * Work on projects you like * Work with people you like * Build assets and recurring income for yourself * Position for long-term happiness rather than sale * Enjoy sharing your success with others * Love your work enough to never want to retire! [Best] |