Quote:
Originally Posted by Tony
It's becoming a necessity to have your own business/stream(s) of income on the side these days (at least in the US.)
I sometimes read the discussions on the big job boards and I consistantly see people with many years of experience (20+) that are out of work for months or even years. ..edited... Age discrimination is alive and well in the States!
One NEEDS to take responsiblity for their own financial matters/future and needs to learn the skills necessary to survive and not become a "fallout" and run the risk of loosing it all.
I really believe it's become a necessity to build income streams, aside from a job, in today's business climate. I just can't see any other way, but if someone can show a different way, be my guest.
Tony
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I agree with you Tony. I saw my options change drastically 23 years ago when my boss and another senior person were let go, with only a pittance of compensation compared to the long years they had put in. I made up my mind then that I didn't want to ever worry about a pink slip, pay cut, or other loss of a job due to some boss or supervisor wanting to give my position to someone else.
I looked at the local job market for sales, knew I didn't want to sell cars or insurance, and opted to expand on my part-time work in my home-based business, in order to be able to quit my job and go full-time.
In 1987, I gave notice to Boeing, and went full-time self employed. If I hadn't made that choice back then, I wouldn't be where I am today, with sales volume in the Top 2% of all sales people with the company I sell for. My contract is as an Independent Agent, so I have more control over my work, hours, and income, than I ever could as an employee.
I also don't face a mandatory retirement age, so I can continue in my business until my 97th birthday if I choose (and live that long).
I now spend at least part of my time, helping others start their own home-based dealership, giving them the possibility of quitting their job in the future, or at least having a back-up if their job drops them instead.
Dennis Bevers
BASSCO, Inc.