Tuesday, June 5, 2012

Business Watch


Key ideas that help define your immediate net worth

How viable is your investment? Have you ever considered diversifying your business ventures? Is it worth investing with 'unreasonable' capital outlay? How can I spend my income and at the same time end up with little savings for my business take off? Do I even have an Investment in the first place?

I was astounded when I read an article by Murori Kiunga: Self-employment differs from business ownership. He argues that when one is self-employed they are technically employees but with many responsibilities and their employer is themselves. Does this add up? Well, self-employment will soon be the best paying jobs and if coupled with ever growing business establishments, then within a streamlined projected path, one will wonder why they never changed jobs long enough.

‘Its time to get back to simple basics’- many analysts argue that those are mere words. One thing stands out though from their divided opinions; they haven’t fallen on deaf ears. It does not matter any more what social status one hold but how much one is worth. This is how the modern world has changed. The times when people used to wait till they are over 30 to make investments are long gone. Many and many young people have changed the business front of yesteryear to the better with their ‘unspeakable’ varied establishments. Radar Screen-Reuters reported on how peer-to-peer job websites inspire small entrepreneurs. According to them, despite the experienced credit crunch in the world economies, increase in online market places promises to generate new employment opportunities. The question is who the beneficiaries of this employment are. Do we have to let the western world enjoy this opportunities or we will compete favorably and aim at overdoing them? It’s not a matter of saying yes but how the yes is translated into yielding enough sectored results on the subject matter.
Simple economics presents an equation that Income equals Consumption plus Savings. When either of savings or consumption component reduces, the reverse factor of income increases proportionately. What this equation does not explain however, is how to improve on savings while at the same time maintaining a stable consumption pattern. I believe we need an idea then nurture the idea to make it produce real time ideas that can make a viable investment idea. Idea? Yes! Idea. If you do not have an investment due to assorted reasons well known to yourself, make an immediate investment in an ‘IDEA’.