Find
your niche in business! Avoid being
scammed while trying.
Before
starting any business venture, one should ask this question, "What is
the greatest thing I want to do before I die?" I believe
everyone has different desires and passions. Nevertheless, in order to pursue
those desires and passions, a person must have both the time and money.
Unfortunately, this is not convenient for some. In order to understand this
more carefully, we must consider these two factors: Cost of Living and Cost of
Lifestyle.
A
good definition for Cost of Living is
that it is the cost of maintaining one’s basic needs: these are food, clothing,
and shelter. These three necessities are the basis for personal survival. Cost
Living can vary depending on location. Every city has its own price tag. A city’s
price tag is determined by the cost of food from local groceries, clothing from
retail stores, and housing (apartments, houses, living with friends or
relatives). (Forbes, Inc., 2005) In order to maintain
a cost of living, you must have a job or some source of income.
A
good definition for Cost of Lifestyle is
that it is the cost of maintaining your desires and passions in addition to maintaining
the cost of living. This means a person should be able to do the things he or
she wants; whenever there is a need and not be restricted by time or money.
Nevertheless, if your job or source of income pays the price tag of your cost
of lifestyle; then that’s good for you. However, if your job or source of
income does not pay the price tag; then you have a problem.
In
conclusion, this article I write is just my own solution to a problem faced by
many. I do not consider myself a professional expert. However, my findings are
based on trial and errors committed by myself and others in pursuit of
happiness. I believe that today, many honest hard working people are searching
for money making opportunities. Unfortunately, there are many unscrupulous
individuals and organizations that seek to capitalize on their desperation.
Evidence of their ‘get rich quick schemes’ are seen every day in the form of
spam emails, MLM opportunities, work-at-home jobs, seminars, etc. (Lanford,
2002).
In order to avoid becoming prey to these unethical practices, opportunities
seekers must take heed this capitalistic thought: If I find a gold mine, I most certainly would not tell you! The
goal of a true capitalist is to eliminate all competition. Therefore, I
recommend to anyone seeking money making opportunities to scan the market for
weaknesses and establish a ‘first mover presence’ inside those weak points. Always
remember that any business offering 'get rich quick' opportunities are
usually lying.
References
Council of Better Business Bureaus . (2011). Work-at-Home
Schemes. Retrieved from http://www.bbb.org:
http://www.bbb.org/us/article/work-at-home-schemes-408
Federal Trade Commission. (2011). Facts for
Consumers. Retrieved November 26, 2011, from http://www.ftc.gov:
http://www.ftc.gov/bcp/edu/pubs/consumer/invest/inv14.shtm
Forbes, Inc. (2005). What It Costs To Live Well In
The U.S. Retrieved from http://www.forbes.com:
http://www.forbes.com/2005/07/01/cx_sc_livingland.html
Highline Public Schools. (2011). What will your
lifestyle cost? . Retrieved November 26, 2011, from http://www.hsd401.org:
http://www.hsd401.org/studentfamily/career/lifestylecost.htm
Kenexa. (2011). Cost-of-Living Wizard.
Retrieved from http://swz.salary.com:
http://swz.salary.com/costoflivingwizard/layoutscripts/coll_start.aspx
Lanford, J. (2002). Top 10 Work At Home and Home
Based Business Scams. Retrieved from http://www.scambusters.org:
http://www.scambusters.org/work-at-home.html
Shermer, M. (2007). The Mind of the Market.
Time Books.
William G. Nickels, J. M. (2010). Understanding
Business. McGraw-Hill/Irwin.
