.
01) Be an Employee -
Some people love being employees. Because they are hard workers and they can work for hours and hours for their Company. Not only this but they want a safety and regular income. So they prefer to receive a paycheck every month.
02) Be a Self-Employee -
Some people are very skilled in certain skills such as doctors, lawyers, accountants, web designers, writers, tattoo designers, swimmers, mountain trackers…etc… So they prefer to work for them self. They prefer to sell their professional services to the Economy rather than working for someone else as an Employee….
03) Own a Company & Run it -
Some people hate jobs. They just hate working form someone else. They love to see their people working for them. So they own a Company, their own Company in which employees work for them. Of course owning your own Business is a risky but they don’t want to compromise for a growth for a fixed salary. They lover to run their own Business Empire.
04) Just Own a Company but do not Run it -
Some people love owning Companies but do not want to run them. They simply acquire already established Companies or troubled Businesses at low cost and higher a professional management team to run it. And make that company grow and profitable And after they Sell it for a huge profit and go for another Venture
05) Be an Investor -
Some people like Warren Buffet don’t want to run a Company nor they want to do management of it. So they Invest in a part of the Company (Shares) at down market conditions. Whenever you buy a stock, it means that you buy a part of that Business. It means that you are a that much portion’s owner of that Company. All you have to do here is sit back and watch your Wealth Grow….!!!!! But again to become a successful in this you require a higher level of Financial & Investment Knowledge.
Not the all of the above ways are good or bad. All of them have its own Advantages, Disadvantages and Limitations. You have to chose any of the following broad way of generating Income according to your dreams, Financial Skills and goals…….!!!!!
