Cash Flow In A Business Is The Same As Profit Business Owner Looking To Change Business? Enter The Information Age

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Business Owner Looking To Change Business? Enter The Information Age

Changing companies is very similar to a career change for a business owner. While an entrepreneur can continue to be an entrepreneur, changing businesses or industries is often difficult. With the advent of the information age, many new entrepreneurs have found an open field using the power of the Internet.

But what about business owners who started and built a traditional business sometimes over a decade or even decades. Changing businesses can be a challenging and even overwhelming task for any entrepreneur. Some companies become obsolete, these are the ones that more easily accept change as the only alternative.

But what if the company is still generating great revenue and seems healthy? Many entrepreneurs find themselves hidden or even stuck behind a robust revenue stream that barely yields a six-figure profit. Success or perceived success can create an attractive place in the local community, and many business owners find it unacceptable to give up the prestige attitude they have developed through years of hard work and strategic planning.

The information age has introduced and upgraded business models that can deliver a whole new kind of results. With much lower fixed costs and variable costs that are largely automated, information age business models with revenues as low as two or three hundred thousand can out-produce their counterparts with revenues of two to three million.

Business owners looking to make changes in 2008 and beyond will likely do so to take advantage of better cash flow and much higher profitability. The traditional brick-and-mortar business world found it acceptable to sacrifice profitability for improved cash flow, and the information age business sector clearly wants both back. If cash is king, then profitability is queen and the information age is the most sought-after realm for business owners today to make a career change in the business arena.

Using real estate as an example, we can see how the power of the Internet, the information age, and the popularity of the home business industry have completely changed the face of business and investment over the past few years. Let’s say you bought five houses for $100k each and rented them out, each earning about $600 a month. You’d make thirty-six thousand dollars a year, right? (To illustrate) In summary, you have invested half a million dollars and are making about three thousand dollars a month in passive income, right? Well, if you’ve ever rented a property, you know it’s not passive and never has been, but you still get the picture.

Say you have three or four hundred dollars worth of information. This information should save someone a lot of time or over four hundred dollars. Think about the information you have now that would add value. Now say you sold that four hundred dollar piece of information for fifty dollars. Create an eBook or have one created, then get a ten dollar domain and free hosting and start telling people your stuff. If you sell two of these books a day, you’ve sold your real estate anywhere in the world for less than two hundred dollars a month.

This is just proof of the point and hypothetically money can be made in real estate passively but the information age offers a more wealth focused approach and smart business owners see that giving them that entrepreneurial drive to change.

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