Why Rent When You Can Own Your Job & Your Future
- Author Al Fialkovich
- Published November 22, 2017
- Word count 425
Why Rent When You Can Own Your Job & Your Future
As Coloradans, we are all too familiar with the insanity that can be renting a home or an apartment. Renters pay a premium to live in almost every area of Colorado, and along with those premiums, is a less than premium lifestyle. Often times renters find themselves dealing with absentee landlords, maintenance issues that lay in wait for months, crumbling infrastructure and slow Internet! So when given a choice between renting and buying, why is it that so many professionals are okay with "renting" their jobs?
The world of corporate jobs may feel safe, with their 9-5 hours and management completing all the decision making, but is there really security in working for a large company? One day your compensation structure can change (without your input) or boss number three can decide to do away with holiday bonuses. I mean have you seen the calamity that Clark Griswold stumbles through in the movie Christmas Vacation?
Working for someone else is the equivalent of renting a house for your entire life. Not to mention you never know when the day will come and the landlord decides to redevelop and you’re gone! As a business owner, you are the one that decides who is in charge, how the day will go and you’re building your own equity (not someone else’s) at the same time. We have a client that bought a business two years ago for $1.5 million and he has now doubled his profitability, which in turn has doubled the business’s value and increased his net worth by the same amount along with his great take-home salary. Another client of ours bought a company one year ago and has already increased its profitability by half, putting it on the same track as the company above.
All that being said, it is important to highlight that the real key to financial freedom is running your own company. There is no perceived "earnings cap," the big decisions lie solely with you and you get to enjoy a much more flexible lifestyle than your corporate counterparts. This means less missing out on your own life while making someone else’s better and a lot more living the dream!
Buying a business is a great way to take control of your financial and lifestyle goals and is a lot more attainable than many buyers think - you can always start small and scale over time! For more information on purchasing a business please visit the Transworld website.
Al Fialkovich is the Managing Director at Transworld Business Advisors of Colorado. He oversees a team of brokers and the sale of an average of 25-30 small to medium size businesses each year. His focus has always been on running seamless transactions, fostering constant and honest communication and maintaining strong relationships with his clients. For more information please visit the Transworld website (http://www.tworlddenver.com).
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- Cost-Effective Strategies for Business Owners in 2024: Maintaining Efficiency Without Reducing Staff
- Navigating Compliance for Personal and Professional Contributions
- Smart Savings: The Benefits of Buying Out of Season
- Youtube To MP3 Converter -- Free
- The Benefits of Outdoor Training
- A Fashionable, Artistic, and Modern Adventure: Three Days in Paris
- Why buy stock footage on mediaCastpro? Here are the benefits.
- GoPDF An Online PDF Editor Releases Mobiles Apps Compatible with iOS & Android: A Faster Solution for PDF Editing
- The Best AI Logo Generators in 2024
- How to prepare for a house clearance, a few tips from experts
- Adapting to Rising Parcel Rates in 2024 with Business Central and Order Ship Express
- Not All LED Lights Are Created Equal
- Zoviz Launches New Solutions Day by Day to Users as An AI Logo Maker
- Campervan Maintenance: All You Need to Know
- Fighting the Silent Epidemic: Safeguard Your Child's Future with Vitamin D Screening at KinderCure | Dr. Garima Mengi
- 5 Inspiring Stories of Women Who Achieved Gorgeous Lashes with Careprost Eye Drops
- Is Your Finance Strategy Ready for ERP Software?
- A Beginner's Guide to Starting a Career in Web3
- The Vital Role Of The Courier Industry: Connecting People, Businesses, And Communities
- Learning From Successes And Setbacks: The Importance Of Post-Bid Analysis In Professional Bid Writing
- Music And Identity: Exploring The Role Of Music In Shaping Culture And Identity
- Demystifying Dental Myths: Separating Fact From Fiction
- Expert and Little Known Tips for Limestone Floor Maintenance
- Explanation of how to improve the quality of low-resolution videos
- Do Compelling Marketing Pictures Unlock Sales Potential?
- Combining Science and Aesthetics: The Practical Benefits of Veneers
- These are my thoughts about the audience, topics, and purpose of my writing.
- Enhancing Child Health with Mindfulness: Insights from KinderCure’s Dr. Garima Mengi
- Blast Off into Adventure: 15 Must-Read Science Fiction Books!
- The Journey to Self-Love: Embracing Your Inner Worth