The Best Simple Business In This Hard Economy
There are readers at Evan Carmichael that have asked for an article on a simple business in this hard economy. The truth is, who ever is asking for that kind of information is either disillusioned or just flat out lazy.
You see, people who understand business know that there is NO SUCH THING as an easy business. I would say that 98% of the people who can work, are employees. Therefor they have a specific mindset in which most employees have in common. This is, they need to be told what to do.
Entrepreneurs or people who are in business, figure out what to do. Do you see the difference?
Everyone is looking for that magic pill or 1% secret. The secret it YOU!
You have everything you need to become successful right inside of you, we all do. Some will hone their skills and others will waste them away or never try long enough to succeed at anything.
Sure we are in a hard economy. We are in the middle of the biggest paradigm shift of our lifetime and when the smoke clears, the middle class as we know it is going to be wiped out. Don't believe me? Take a look at gas prices and the percent of increase in the past 5 years. Then take a look at the percent of increase in your salary. Has it gone up? If not, your in big trouble.
You see these subtle changes in our economy go un-noticed by us for the most part because we as people don't tend to notice little fluctuations in food prices, gas prices and everything else that we need to live.
Ok, getting back to the point.
I would never buy or invest in a brick and mortar business. Why? The internet offers business models that are way more lucrative, way less of a hassle to run and they don't come with all of the headaches of a traditional business, i.e. rent, electric, employees (unless you want some) and payroll taxes and employee benefits.
Those are all of the things that suck the cash flow right out of a company.
The best simple business in this hard economy is an online, top tier direct sales business.