14 Oct How I evaluted money-making opportunities
Posted at 15:38h in Blog Post 0 Comments
When I first realized that I had to find a better way to make a living, I didn’t rule out anything. I looked at real estate investing, stock market investing, and any conceivable method of making money. After each one, I evaluated each opportunity based on the following four criteria:
- Can the opportunity make a great deal of money? (By design, certain niches, and ways to make money can only make a small amount of money and are not easily able to scale up from that.)
- Can it create passive income? (Passive income is where money comes in over longer periods of time without me actively having to do anything.)
- Can I do this remotely? (Remember that I had to travel for my job from Sunday to Friday each week, and I never knew where I would be three weeks into the future).
- Can it be done part-time? (For residency reasons, I could not yet quit my job).
Use similar guidelines for evaluating any money-making opportunity that you are presented with to see if it will be worth your while and if it will get you closer to where you want to be.
Here's what some students have to say about Jack's Training Programs...
JOIN JACK'S FREE TRAINING CLASS TO LEARN MORE