Six ways to Fund your “New Economy” Business

Entrepreneurs are Kind of the New Economy.

Many People would like to Ditch the 9-5 and live a life with more Purpose.

It is often said if you are working for someone you are Building there Dreams.

Entrepreneurs think outside the box and are willing to work hard and do things others won’t for the opportunity to live life on their terms.

According to the Motley Fool:

It’s Official: Most Americans Are Currently in Debt

And they need to do something about it before the problem gets worse.

Feb 15, 2018 at 7:32AM
It’s no secret that America is a nation that runs on debt, but it may surprise you to learn that the overwhelming majority of U.S. adults owe money in some way, shape, or form. According to new data from Comet, here’s how many Americans have debt at present:

  • 80.9% of baby boomers
  • 79.9% of Gen Xers
  • 81.5% of millennials

While many Americans owe more in mortgage and student debt than any other type, they also carry credit card, auto, and medical debt, the latter of which is the No. 1 cause of personal bankruptcy filings in the country.

You Can read the Full Article here!

Is it any wonder more and more couples have two incomes plus second jobs.

It is more evident the Entrepreneurs are on the Right Track looking to start a Side business and Plan Grow that business into a Full-time income and a Freedom Lifestyle.

When looking for Funds it sometimes Becomes quite Tricky.

Here a 6 Ways to you may find helpful to Fund your Business

One:  Bootstrapping also know as Self Funding: This means using savings or Leveraging Assets such as your House to get the business running. When you believe in your project your passion can push you through the hard times and show potential investors you are worth investing in.Two: Family and Friends may be willing to invest some money into your Vision. People who are close to you may often believe in your Vision and know you have a strong work ethic and ability to have Success with the ProjectThree: Angel Investors: Invest in the Entrepreneur rather than a Proven Business Model. Keeping the Angel investors focus on the support of the Entrepreneur timing and leverage contacts is the key to finding Angel investors.Four: Small Business Loans: Banks are looking for a Good Business plan with solid Projections. They are also looking for you to have some skin in the game so don’t expect 100% financing. You may want to seek out the help of companies who specialize in helping Small Businesses. Although pursuing loans may take time it is a way of keeping your business whole without without giving a percentage away to an investor who may not always have your passion and Vision.Five: Using Credit cards responsibly and building a large Credit line you can use for company assets or business capital to help keep your company running smoothly. Building a good strong personal credit can help when looking for future lines of Business Credit.Six: Crowd Funding is an Option you should seriously Consider.  When launching your campaign to ask for your funding you are also starting to validate your Project in the process.Crowd Funding has brought a new way for an Entrepreneur to get funds while giving the project exposure to the market.

CROWD FUNDING

Exploring Communities of people with Entrepreneurial Spirit can help Propel your business idea into a meaningful project.
Check out this site it may be the very thing that will help with Funds needed.
Click Here

 

 

Capitalism is good! Learn Wealth Principles of the Rich.

Wealth Principles of the Rich and Why everyone should own their own Business.

Why are most people Struggling with debt?

The real difference between the affluent and non-affluent is Education.

The cost of living goes up all the time. Yearly raises still can’t keep up with inflation.

Taxes are another killer for the average person trying to get ahead.

We do need taxes but it is important to not overpay your taxes.

The Wealth Builders pay themselves first and Invest their money to have work for them.

Taxes Come right off the top of your wages and you have mounting debt.

Taxes and debt take so much of your money and there is no money to invest.

Your money is going to make someone wealthy will it be you.

If you are doing all the work why are you getting so little of the money.

You must start Paying yourself First.

How can you find a way to increase your financial situations.

You need to learn a strategy on how to generate Positive Cash Flow.

 

If you can make 45K a year but your bills 4K a month your gonna have some debt created.

You made 45K but it cost 48K a year live even without more inflation your going to rack up some debt.

Now if you can increase you money to 60K and keep your bills the same you would then have money to invest.

You need to educate yourself on setting up a home Business.

This will help with finding a Strategy on how to increase your income.

Increasing your incoming money will allow you to pay down debt and have the ability to accumulate assets.

It is ok to have a job. You should be grateful for your job.

But you should be looking to move from the Highest Tax Bracket which is W2, to a middle bracket which is Owning a Business to the Lowest Tax Bracket Capital Gains.

Again I believe there is nothing wrong with having a Jobs but your Job should help Fund your Dreams.

If you would like more information on Wealth Strategies and how to be Debt Free 

Click here

 

Quick and Easy Turkey Chili

Turkey Chili

My Husband and I love a good hearty soup.

This is my go-to Chili recipe.  It is quick and Easy and oh so Tasty.

Turkey Chili
Easy Crock Pot Turkey Chili

 

Turkey Chili with beans

1 Tablespoon olive oil

1 small Diced onion

1 small red pepper diced

1 pound Ground Turkey

2 14 oz diced Tomatoes

1 jar medium salsa

1 can of Corn

1 16oz can of Red Kidney Beans

1 tablespoon Chili powder

1 tsp crushed red pepper flakes

½ tsp of garlic powder

Salt to taste

Heat oil in cast iron pan and brown the ground Turkey

Mix Turkey and all ingredients in Crockpot.

Cover and cook 8 hours on low or 4 hours on high.

 

If you don’t like it too spicy you can cut back on the Chili powder and Red Pepper Flakes

 

Building a Freedom Lifestyle

Lifestyle design is an entirely new approach to business and life that can make you happier, freer and richer. Right now, thousands of people around the world are adopting the principles of lifestyle design and using it to travel, to spend more time with their families and to do work they love, the way they want to do it.
But lifestyle design goes beyond that. It’s also about changing our approach to our work-life-balance. It’s about embracing the promise of modern technology. It’s a movement and a cultural change and it’s very likely going to be instrumental in shaping the future.
Sound Unrealistic or Crazy? Allow me to explain exactly what lifestyle design is and why it’s so important…
Lifestyle design simply means that you are designing your lifestyle. It sounds simple and it sounds obvious but it’s something that most of us never do.
When was the last time you sat down and asked yourself what you wanted life to be life? What you wanted your daily routine to be like? And how you intended to get there?
If you’re like most people, then you will have fallen into a job (because you had no other option and that was what you were taught to do) and probably just kind of ‘survived’ until then. You’ll live within your means, you’ll work the hours you’re set and you’ll even probably have chosen where you want to live based on your work.
So right now, you have not chosen your life. You have no choice about where to live, you have no choice about how to spend the hours between 8am and 6pm (taking into account your commute) and you probably have limited choice how you spend the rest of your time due to time and budget constraints.
Adding insult to injury, you are probably also an employee, which basically means you’re doing what someone else says and exchanging your time for money. As an employee, you’ll probably be given set work to do during the week and you’ll probably be reprimanded if you don’t do it in time. This is the part that I personally find hardest to stomach: you’ll be reprimanded.
Like a child.
You’ll also be told what you can and can’t wear and how you’re allowed to decorate your desk. And a lot of the rules will be petty and arbitrary.
Oh and you also get into trouble for talking in most offices. Seriously, this couldn’t be farther from freedom. And it’s not just the hours you spend actually working that affect you either. Just as bad is the time that you lose out on at home. When you only have a few hours (and more importantly – very little energy) in order to do anything useful once you get home, it can make it very hard to spend the time you want to with your family, to spend time working out and getting into shape, to spend time outdoors. Even just to read that book or play that video game that you’ve been wanting to experience for a while now.
It’s so bad that we end up just looking forward to the time when we’re old enough to retire. You know something is wrong when we’re actively looking forward to being so old and that we can’t move around properly without being in a lot of pain…

Making a Change
But here’s the thing: it really doesn’t have to be like that anymore. These days it’s possible to communicate with anyone from around the world without leaving the comfort of your home. You can accept money transferred wirelessly, you can get any information you need and generally it’s possible to earn money from anywhere as long as you have an internet connection.
With all this in mind, why don’t more companies offer flexitime and allow their staff to work from anywhere? Or at times that suit them? Sometimes it comes down to requirements of the job: perhaps you need to be in the office in order to answer the phone. But a lot of the time it simply comes down to the fact that a lot of businesses are stuck in the past and unwilling to try new approaches.
But you don’t have to work for a company at all any more. You can provide a service freelance online and that could mean:
• Writing
• Creating websites
• Being a proof reader
• Providing consultation of some sort
• Being a personal trainer or counsellor
• Writing music
• Taking photos
• Buying and selling products
• Creating physical products to sell
• Data entry
• Running a blog
• Sports commentary
• Programming
All these jobs and many more can be performed online with no need for you to be present in person and this is something that anyone can handle on their own with no need to have a ‘boss’ of any sort.
Once you start doing that, you can then set the hours you want to work. If you want more money, you can work longer hours. If you want more time to spend with your family, you can choose to work a little less. Likewise, you can decide precisely the kind of work you want to do and you can direct your business to do things in your way – and get the pride that comes from that.
Working online also means you don’t have to commute anywhere. This means you can live anywhere in the world that you like – or even travel the globe! Likewise, it also means that you can forget about losing an hour or more every day just to travel. It means you can wear whatever you like and in general it means that you can start dictating how you want to live your life instead of having it dictated to you.
You’re now in a position to choose how and when you work and that means that you can choose to design your work to fit the lifestyle you want. It’s a subtle shift but it makes a profound difference.
But as we’re going to see in the next chapter, lifestyle design doesn’t just mean working online so that you can work outside the office. Otherwise this book would be called ‘Working Online’. Rather, this book represents an attitude shift and this can affect you in all manner of different ways.