Can You Tolerate the Risk
I was watching a video about investing. The speaker mentioned how easy the investments he was doing were and he wondered why more people didn’t do what he did. Then he talked about the bottom falling out of the strategy that he was using. He talked about go from making really good money to being in the poor house wondering how he was going to get out of this situation.
How much risk can you tolerate? The investment strategy this speaker was talking about was something I looked into some years back. I was not interested in it because I did not feel I was very comfortable with the Financial Risk.
SHARING THE RISK
When it comes to investments, there is always the risks. The risks can often be greater than what you have on the table! I learned that the hard way during a market crash!
Many times, investors will work together on an investment. Often they may form a Partnership to do business thru a Corporate Entity. You have to be very careful with these Partnerships as well, they could be potentially more dangerous than the investment.
These Partnerships could be formed because there is one partner that will do the work and the other partner provides the “Gold”.
SPREADING THE RISK
Someone has an idea. This person doesn’t have the money necessary to fund this idea but wants to maintain ownership. He/she can seek funding from various resources. Recently, people are realizing the “Bank” is not necessarily the place to go. Spreading the risk now includes such terms as Crowd Funding to accomplish the Financial Goals to get the project into motion.
Another way to look at this is a business development model that has become popular over the last 60 years. That model is Network Marketing. When it comes to this concept, we have to be aware this can be a double edged sword.
Now, you can get into your own business for as low as well under $100. This is great! This is BAD!
Anyone can have their online business that can be worth huge amounts of money for next to nothing!
Because anyone can have their online business that can be worth huge amounts of money for next to nothing, most of them will not value it!
Can we help you see value with your online business