Starting A Business? Think again!

Recently, my cousin is trying to start a small business at a remote area.

During the discussion, it is noted of the business potential, as “nobody is doing it there yet!”.

The opportunities are:

• Nobody has similar item selling within the 50km radius.
• The profit margin is very high in the industry.
• Becoming your own boss provide unlimited upside earning potential and freedom of work at the time convenient to you.

The threats or challenges are:

• It involve high initial capital
• The business will take 6-12 months or even longer to be able to match current income level.
• He has high monthly commitment – household expenses, house loan, shoplot investment loan which comes to RM 5,000 every month. If the business doesn’t able to generate sufficient income for him, he will be broke!
• To start up a business, a lot of personal sacrifice on extra working hours, on late hours, public holidays and rest day are needed.

If you are an employee, the above will be the situation and thought that when through your mind when you are consider to start your own business. It’s normal!

That’s why 95% of the population is employee! Even though they knew is not what they prefer.

Being an employee has certain benefits – fixed working hour, guaranty benefits and remuneration, and freedom to choose to exit if you don’t like it!

If you are comfortable as an employee, please stop reading and leave this page as it’s not for you!

My page is dedicated to those who are determine to have a better quality of life, and do what ever it takes to own their own business, destiny and freedom. There are resources out there that can help you achieving your dream life!