Today's Broken Employment Model
A Very Practical Guide to a New Lifestyle
All over the world, many hard-working people are struggling financially. Many employees have no choice but to work two or more jobs to survive. Whilst it’s very commendable that some people have such a strong work ethic, it’s also a sad reflection of today’s broken employment model that people need multiple jobs.
You see, today’s employment model makes you dependable. It does not pay all your bills, it leads you into debt. It certainly doesn’t lead you to achieve an early retirement or enable you to live a better life.
What’s more, unemployment can devastate your finances and leave you in a perilous state, especially if you’ve taken out loans or have maxed out your credit cards. All of which are not great features. Why then would anyone want to stay in that extremely limited model? Yet billions of people do it — every day they go to work for someone else.
I recently read a statistic on the internet, the survey stated … “In the United States more than half of Americans — 56 percent, to be exact — have less than $1,000 combined in their checking and savings accounts. Nearly two-thirds of Americans do not have enough money in savings to cover the cost of a single unplanned emergency expense.” This is what the employment model is doing today.
Building Someone Else's Dream, Not Your Dream
Back in the old days, companies would take good care of their employees. Pay them just enough so they could pay all their bills. Or even pay them a little extra so they could save and build a retirement nest egg.
If it was a great company, they might even pay for your kids private education, university tuition, and even your dependents private health care.
Then, at the end of it all, they gave you a wonderful retirement plan, a gold clock or watch, 95% of final salary pension scheme, plus a big fat bonus cheque so you could sleep easy for the rest of your days.
For my parents generation this was reality and not pie in the sky — they had a better life.
But those golden days are long gone now. These kind of companies simply don’t exist anymore. Today’s companies take more care of their own bottom line and pay scant regard for yours. You are building someone else’s dream, not your dream of a better life. They don’t pay you enough to pay all your bills, but they do pay you just enough so you don’t leave. They make you dependent.
To escape from this dependency you need an alternative source of income. You need Plan B. You need to start your own side business, embrace the entrepreneur model and follow your own path to a better life.
Plan B – Investing in YOU
As you can see, it’s crazy not to have a Plan B — an exit strategy to get out of the employment model. It makes smart financial sense to take part in the entrepreneurship model by starting your own home-based side business.
Becoming an entrepreneur is one of the best investments you can make – because it means you are investing in YOU.
What’s more, anyone can start a side business, even YOU … even if you’re an introvert!
It can be run from the comfort of your home online. You don’t have to quit your 9-to-5 job right away either. In fact, you probably shouldn’t while you build your foundations for success.
Are you ready to continue with your exit plan to a better life.
Aligning yourself with the right type of model can be a big contributing factor to your financial success. It can even drastically reduce your exposure to risk.
“What is opportunity, and when does it knock? It never knocks. You can wait a whole lifetime, listening, hoping, and you will hear no knocking. None at all. You are opportunity, and you must knock on the door leading to your destiny.” —Maxwell Maltz
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