Indeed there are @bobfx111111 but we are not so concerned with the definiton as much as we are for making money
even if your system is as simple as....... I PUT THIS HERE
and it works time and time again, it's then a proven system
you don't have to over define something, you just have to find something THAT YOU UNDERSTAND
this is completely incorrect, for two reasons
- saying things like "GOOD" or "BETTER" is useless
how do you define "GOOD"
what is a GOOD income, I would say a good income is $5,000 a week
however i remember when i was younger and i thought a GOOD income was $1,000 a week.
i know people these days who say $700 a week is a GOOD income and i know other people who say $400 a week is a good income
that's a big spread... $400 - $5000
CONCLUSION - you can't define it because it keeps changing, which is why you'll never achieve it over time, because it's a variable, not a constant
so.. instead of saying GOOD INCOME, why don't you write down a number per week
- Mate, the most successful people in the world have SEVERAL INCOME STREAMS, Having 1 is a formula for failure
and HINT HINT.. why do you think that the average person has only 1 job, and ends up broke most of the time
and by comparison.... what about the average person that has 2 jobs
a) they are better off than the first person, but still end up broke after a while
b) BUT THE MAIN THING IS THIS... Why do they even try to find a second job. ANSWER: BECAUSE IT 'S BETTER Meaning, you are wrong
but even then, a person that finds a second job will find the same TYPE OF JOB, example.
An Electrician will find another electricians job, a Hairdresser will have 2 hairdressing jobs, a checkout chick will work at Woolworths and Big W
it's more functional and practical to have different skills
now.. take me, my business started as building computer. then I.T. and onsite troubleshooting of computers, Then TV Antennas and Satellites, Then Website Design and SEO and SEM, then Electronics Repair, Intercom Systems, Alarm Systems, Trading, Selling things that i come across to sell
can you see the Variety in industries
Example... When computer work is slow, the others won't be
Everything offsetts everything else
if was to pick ANY ONE of these on it's own,it would inevitably have slow periods and peak periods.
Point is.... HAVE MULTIPLE WAYS TO EARN INCOME, not 1
now re this...
No. i can't
GREED IS GREED, don't overcomplicate it
people lose when they get greedy because they want to much too quickly.... simple
the issues i see with what you said are this
- clearly you already know, so why are you asking ?
- secondly , what is TOO MUCH capital
I notice that you don't define things
if you don't define things you will never achieve goals, Practice defining things