Rich Dad, Poor Dad by Robert T. Kiyosaki is one of the first books I had read that was not part of school texts or comics. I was in school at the time this particular book made a solid impression on me.
One of the quotes from the book that seems very apt during this time of the year is.
“Workers work hard enough to not be fired, and owners pay just enough so that workers won’t quit.”
In most companies it is the time of the year when an employee eagerly waits for his appraisal letter and looks forward for a hike in his monthly salary.
I had jumped off this bandwagon a few years ago because I had been screwed over by the bell curve more often than once or maybe it was the fact that I never really understood how the bell curve worked then. I am not complaining, rather I am grateful that this organization stood behind its employees and not a single one of us was fired during the global recession. I had a job when others were being laid off with no prospects of job in the immediate future.
It is not that I don’t care about salary hike or annual appraisals but I tend not to get to eager or enthusiastic.
According t the Towers Watson 2015-16 Asia-Pacific Salary Budget Planning Report, India will see an average salary increase of 10.8% in 2016. Sounds amazing right?
Well not if you factor in the inflation rate of 6.1% which means an effective salary increase of 4.7%
It was 4.5% last year, so something to cheer about isn’t it?
Of course it only applies if your annual appraisal has been 10.8 % or even greater.
Also the fact that the bell curve keeps getting tighter and tighter means that only a very select few will be able come under the exceed expectation and far exceeds expectation.
You could try to be more positive at work and perform even better for the next appraisal cycle the next year or as most common solution that I hear often is to switch to a different company.
But that is easier said than done, for every job openings there 100 applicants.
Also the prospects of getting a job in Mumbai are very slim compared to cities like Pune, Bangalore, Chennai or Hyderabad.
There will be discussions about quitting their full time job & getting out of the rate race and the 9 to 5 jobs. By the way you wish you were working from 9 to 5. Most companies demand at least 9 hours of work excluding commute time. Even if you don’t like it you end of committing about 60 to 70 hours a week to work including the travel time to and from office.
I don’t wish to mock or make fun of people who think about running their own business full time, but running a business is not easy. The most difficult part is letting go of your safety net i.e your monthly salary that is assured to you at the start of each month. What about the initial set up costs that you will need to spend on before you even start making a rupee eventually earning a profit before breaking even and all this without your safety net. All assuming that you have sufficient knowledge of the business that you intend to run.
If you are planning to be a free lancer offering your service instead of running a business, then the upfront cost will be marginal. But this would mean that you are basically on your own for doing everything right from creating your personal brand, finding prospective clients , getting the job done, doing your own taxes and at the same time following up with clients for payment of the invoice.
My intention is not be painting a bleak future or be discouraging. I think it is absolutely possible for anyone with the passion and the zeal to excel in anything, be is business or any other endeavor.
In fact I know a couple of people who run their own business and really work really hard but as far as I can tell, they are happy in what they are doing and wouldn’t have it any other way. There are some who manage to have a fulltime job and also run a business because they have mastered to use their time most effectively. It is difficult but not completely impossible.
What if someone told you that you could keep your job and also make some passive residual income on the side? You wouldn’t believe it would you?
What if you could work from the comfort of your home [no more travelling] or worked while you were travelling around the world like this guy and set your own working hours and worked for as long or as little as you wanted to?
Sounds Impossible right?
You would either dismiss this as another get rich quick internet scam or jump upon as a once in a life time opportunity.
But before you do either of this I need you to understand it’s neither a scam nor a get rich quickly schemes. If fact you should not read any further if your answer is NO to any of the questions below:
- Are you willing to dedicate extra time after work or over weekends to earn money legitimately?
- Are you willing to learn that which you might find difficult [new] to understand at first and would mean pushing yourself out of the comfort zone to master concepts you haven’t heard before?
- Are you willing to be consistent and dedicated in doing what you are doing over a sustained period of time and are not looking for making a fast buck?
- Are you willing to take a risk and believe in yourself that you have what it takes within you to be successful if you really wish to?
If your answer is a Yes to the questions above then:
That’s right; you get 7 days of full access to try out this amazing opportunity risk free.
You don’t even have to provide your credit card details or bank account number, a valid email address is all you need to sign up here.
Opportunity is missed by most people because it is dressed in overalls and looks like work.
– Thomas A. Edison
If you do what you’ve always done, you’ll get what you’ve always gotten.
– Tony Robbins
If you are thinking why am I being so nice and supposedly giving away this for free, I am not.I earn a small commission if you upgrade but I would rather that you give it an honest try to find out if this is something that for you is a viable source of secondary income.Read other online reviews, find out what others have to say and only then upgrade.