WHAT ARE THE STRATEGIES FOR SUCCESS?
Do we start a business?
Buy an Investment Property?
Trade on the stock market?
There are numerous strategies for creating wealth and making money that it can become overwhelming, so I will give you my philosophy on creating financial freedom!
Here at myroadtofinancialfreedom.com my philosophy is to concentrate on creating cash flow, by utilising what I like to call an income accelerator, to eventually replace your J.O.B, (Just Over Broke) and THEN funnelling that extra money back into Growth assets such as Property or quality Shares or Stocks to create long term wealth.
But what is the best way to create this elusive cash flow?
From my experience the best way for the average, normal person is to concentrate on starting up an online business.
This can give you that extra income that can get you out of debt, improve your lifestyle, and even replace and surpass your income, creating financial freedom and removing you from the shackles of a J.O.B!
Creating and running an online business will be our main strategy focus here at myroadtofinancialfreedom.com
To learn more about starting an online business and some free training visit my getting started page
We will also look at Growth assets, in particular property, as this is my preferred vehicle for creating long-term wealth, and my view is that you need to always be looking at growing an asset base that will increase in value over time.
The goal here is to concentrate on creating passive and residual income, eventually creating multiple streams of income, pay off your bad debt, replace your J.O.B and build up your asset base.
This is what will give you BOTH time AND financial freedom!
Then you will truly be on Your OWN Road To Financial Freedom!
The initial secret of success is to focus… and we will focus our energies on the best way to create time and financial freedom.. an online business!!
If you have any questions or comments feel free to leave them in the comments section below.
To your success,
John W. Newman
Dream It…Believe It… Then Achieve It!
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