Today, thanks to the Internet, entrepreneurs still in their 20s or 30s are setting up home-based Internet businesses that they run in their spare time, bringing in $5,000 to $30,000 a month.
They can travel anytime they want, and they have the freedom to run their business from anywhere in the world. And best of all, their websites are making money for them, while they sleep!
In his book "Rich Dad, Poor Dad", author Robert Kiyosaki explains that to escape the 'rat race' you need to spend less than you earn and invest the difference in buying income-producing assets (e.g. shares or rental properties).
In his book "Rich Dad, Poor Dad", author Robert Kiyosaki explains that to escape the 'rat race' you need to spend less than you earn and invest the difference in buying income-producing assets (e.g. shares or rental properties).
The goal is to eventually have the income from your assets replace your earnings from your job. That's how you achieve financial freedom, he explains.
When I was starting out with my business I was $12,000 in debt, I had zero income, no job, and I was homeless. Buying income-producing assets wasn't an option. Instead, I decided to build income-producing assets. Eventually, these web businesses would grow to generate thousands of dollars a day.
By the time I reached my late twenties I had 64,000 clients in 116 countries worldwide, and 16 different income streams. I could work from home... or whilst travelling around the world... or from the luxury cabin of a cruise ship in the Caribbean... in fact I could do this from any place on the planet where I could get an Internet connection!
Furthermore, my first Internet business only cost $400 to set up, and yet was bringing in more than $10,000 a month in income! When you compare the costs of running a normal bricks-and-mortar business to those of an Internet business, the differences are striking!
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Costs of running a simple home-based Internet business
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Costs of running a simple home-based Internet business
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Internet connection $20/month
Getresponse autoresponder service $60/month
Gotowebinar webinar service $99/month
Hosting $15/month
2 Outsourcers (web design, customer service) $500/month
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Total: $694/month
Getresponse autoresponder service $60/month
Gotowebinar webinar service $99/month
Hosting $15/month
2 Outsourcers (web design, customer service) $500/month
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Total: $694/month
Imagine having a business that...
- Costs practically nothing to set up
- You don't need staff
- You don't need offices
- You don't need a shop
- You can work from home
- You can work from anywhere in the world
- Other people are selling your products for you, for FREE! (e.g. affiliates)
- Your business runs on autopilot (e.g. people buy your products from your websites automatically)
- You get to leverage incredible technologies such Email, Search Engines, Affiliate Programs, Voice-Over-IP, Online Auctions, Video streaming, Webinars, and Social Media!
- You don't need staff
- You don't need offices
- You don't need a shop
- You can work from home
- You can work from anywhere in the world
- Other people are selling your products for you, for FREE! (e.g. affiliates)
- Your business runs on autopilot (e.g. people buy your products from your websites automatically)
- You get to leverage incredible technologies such Email, Search Engines, Affiliate Programs, Voice-Over-IP, Online Auctions, Video streaming, Webinars, and Social Media!
... And all you need... is your laptop!
Other benefits of the Laptop Entrepreneur Lifestyle include:
* Total flexibility! You can work when you feel like it... You can get up as early or as late as you want... no more alarm clocks... You can take days off whenever you feel like it...
* You don't have a boss! No more taking orders from a nincompoop! You can even experience the satisfaction of 'firing' your boss! (Laptop Entrepreneurs often start their businesses in their spare time, whilst still working at a job. Eventually when their income from their Laptop Business exceeds that of their salary, they 'fire' their boss!)
* You don't have to deal with annoying coworkers anymore! No more bickering, no more office politics, no more endless pointless boring meetings...
* You can be a stay-at-home dad, or a stay-at-home mom! No need for nurseries, or a nanny... You get to see your children grow up...
* You can spend more time with your loved ones, your family, your friends... you can visit them and stay with them in different countries around the world...
* No more commuting... getting stuck in traffic every day... wasting hours every day... spending a fortune on petrol...
* You can travel any time you want, visiting different countries... you can go to seminars, take a course, learn new things, expand your horizons...
* You can live by the beach... you can 'retire to the sun' now, rather than wait until you're 65!
* You can live in a low-tax or zero-tax jurisdiction... no more spending a fortune and weeks of your time on accountants every year!
* You can give yourself a pay rise every month! (e.g. you can increase your earnings every month, simply by growing your mailing list every month!)
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A typical day in the life of a Laptop Entrepreneur
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A typical day in the life of a Laptop Entrepreneur
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My typical day looks something like this. I wake up, take a shower, and step outside to take in the fresh sea air, admire the view and play with my Golden Retriever, Leo.
I then have a breakfast of fresh 'Green Juice' (cucumber, celery, apples, spinach, avocado) with my partner, while relaxing on the loungers by our swimming pool.
I then sit at my laptop, answering some emails, to arrange a joint venture or a webinar or product launch, or to give assignments to my team of outsourcers.
I then take a break and go cycling through the mountain trails next to our house, taking Leo for a run. In the summer we usually end up on the beach in front of our house, where we love to swim.
In the afternoon I'll usually write, creating products, blog posts, content for my membership sites or my books, and emails to send to my mailing list. Or sometimes I'll study a new course, to find out new business strategies.
In the afternoon my partner and I go play tennis, or we go out with our friends for a meal, or for some relaxation at the spa on our resort. In the evening, we like to just relax by the fireplace, have a nice meal, and watch a DVD.
Once a week, on average, I do a 90-minute webinar for my clients.
We go on 6-7 trips a year, around Europe, or to more 'exotic' locations such as Thailand, The Maldives, Bermuda, The Caribbean, Senegal, Egypt, Australia, etc.
If I want to take a 4-month break or a 6-month break to write a book... then I do just that!
If you like the sound of this, welcome to the world of The Laptop Entrepreneur!
Article Source: http://EzineArticles.com/?expert=Mark_L_Anastasi
By Mark Anastasi
By Mark Anastasi
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