What If I Lose My Job : Maybe Even Due to The 4th Industrial Revolution?

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Life has a serious way of throwing curve balls at us. You may be feeling very secure in your job right now but are you really secure ? What if you lose your job today ? Are you prepared ?

Losing a job can cause emotional, financial and mental upheaval in our lives. One huge curve ball is learning that your job is being eliminated through something like a company downsizing or layoff, a merger or acquisition, a full-scale company closure or you are being replaced by automation. Regardless of what causes your position to terminate, getting this news can create one of the most difficult and conflicting times for employees at any level. It can prove to be a time of confusion, uncertainty, insecurity and ambiguity, and these things can often lead to higher levels of stress, mistrust, ineffective communication and organizational service deficiencies.

The following is an extract of The Impacts of the Fourth Industrial Revolution on Jobs : World Economic Forum (WEF) Report

  • 57% of jobs are currently at risk of automation 
  • Bank of England estimated that two thirds of all jobs are capable of being automated in 20 years time 
  • 85% of job losses in USA due to new technologies
  • Regardless of the specific data, an indisputable fact is that the 4th Industrial Revolution has already come, and the current workforce is already feeling the heat.

The 4th industrial revolution is a reality. Many jobs are at risk especially jobs that are “repetitive and predictable” as Martin Ford, futurist and author of Rise of the Robots: Technology and the Threat of a Jobless Future explains, because they are possible to replicate through Machine Learning algorithms.

Richard Johnston from Ulster University’s Economic Policy Centre said: “Sectors like manufacturing, logistics and retail and wholesale and some of the lower skilled occupations within are the most vulnerable to being replaced by some technology or machinery or robots.” For any business owner, the pursuit of profit maximization is the most important goal and reducing cost is an important factor to consider. No matter how low people’s wages are they’ll never be able to compete with the robots and machines, no salary, no break and no illness. Machines are better at the job: The National Institute of Standards predicts that “machine learning can improve production capacity by up to 20%” and reduce raw materials waste by 4%.

So, how secure are you really in your job ? You need to ask yourself the question what will you do if you lose your job ?

Don’t wait until you hear the news. Have a backup plan in place. Start learning about entrepreneurship and creating your own job security by starting a business even if it is initially a side-line hustle. Just have something going for you.

Where will you learn about entrepreneurship ? Luckily there are companies like Entrepreneur Training Courses LLC that provide courses to assist you to learn “How to Start a Business”, providing “Step-by-Step Guides to Business Success” and “The Profit Machine Process”. These courses are low cost and are designed to prepare you for your own business.

Think about this. Even as an employee you have your own little business. What did you do when you applied for your current job. You did marketing by marketing your skills and knowledge to the company that you are working for. You closed a sale when you landed the job. You are providing a product or service to your company. You are earning a salary. What is this other than earning revenue. You have bills to pay which is expenses. What is this other than an income statement. You buy assets with your revenue. What is this other than building a balance sheet. You have your own sole proprietorship. You have your own business whether you like it or not.

You may as well ensure that you understand the principles of business by doing the “Step-by-Step Guide to Business Success” and improve your chances of keeping your job. Rather be prepared for any eventuality that may occur whether you lose your job or not. Don’t wait until something happens. You now have a chance to do so.

Entrepreneur Training Courses LLC provides online training for prospective entrepreneurs as well as an online business opportunity to get you going if you do not have a business idea or a job. You can Earn while you Learn.

CLICK HERE TO RECEIVE A FREE DOWNLOAD OF THE PROFIT MACHINE MANIFESTO explaining how you can leverage your skills and capabilities.

Use Coupon Code : IMPACTBIZ for a 20% discount if you enroll in any of the courses

Copyright (c) 2019 Entrepreneur Training Courses LLC

10 Reasons to Invest in Real Estate

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Real Estate Investment can be very lucrative if you know what you are doing. It is not as simple as just buying a property and receiving rental income from it. As in any other business it has its challenges. Real Estate Investment is a business and should be treated as such.

Here are 10 reasons why investing in Real Estate is a good idea.

  1. It is a Tangible Asset

It is an asset that you can touch and feel. It is bricks and mortar. It is not a stock or share that is associated to a company that is written on a piece of paper. Your real estate has a value that you can use as collateral. It can be insured so if it burns down the insurance will replace your building.

  1. Earn Passive Income

You can earn passive income from your investment if you structure it correctly. Passive income is earnings derived from a rental property in which a person is not actively involved. If you do not structure it correctly you will not receive passive income and your real estate investment can become a burden.

  1. You can Leverage Your Asset

You can use the money of a financier to purchase your real estate. You can obtain a debt instrument, secured by your real estate, that you, as the borrower, is obliged to pay back with a predetermined set of payments.  You thus leverage your asset with Other People’s Money (OPM) to create wealth.

  1. Your Tenant Pays Your Mortgage

If you have the right tenants in your real estate your tenant will pay your mortgage for you. You do however have to make sure that you do have a business case for each property that you purchase.

  1. You can Make Money When You Buy

You make money when you buy property and not when you sell. This means that you need to purchase real estate below value. This is a lot more difficult than it sounds but these type of deals do exist.

  1. Increased Cash Flow Over Time

Your rent generally increases annually over time which increases your cash-flow. This is a huge advantage since you can utilise this to either supplement your current income or contribute towards your mortgage.

  1. Increased Value Over Time

Real Estate is generally an appreciating asset where your asset will be worth a lot more in the future than what it is today. Just have a look at real estate prices 20 years ago and what the rea estate is worth today. This is however not always the case and you need to ensure that you purchase correctly.

  1. Free Title Ownership

In most countries you have free title over the real estate that you own. It is yours. It is an asset and can be used as collateral.

  1. Creates Wealth

Real Estate is a very good wealth creator since it increases your nett-asset value. You can however make many mistakes in real estate that can also destroy your wealth. It is of vital importance to educate yourself in Real Estate and to understand how to create wealth.

  1. Hedge against Inflation

Inflation is a reality and you need to hedge yourself against this destroyer of wealth. If your asset value remains the same and your rent remains the same for a 20 year period then you have decreased your wealth. If you purchase the right real estate that appreciates in value and where your rental increases annually then you have an asset that is a hedge against inflation.

Real Estate is a very good investment if you know what you are doing. Entrepreneur Training Courses provides educational online training courses so that you can learn how to become a profound business person and Real Estate Investor. You can learn how to start a Real Estate business, how to optimize a Real Estate business if you already have one, how to run your Real Estate business with tried and tested processes.

CLICK HERE IF YOU WANT TO KNOW MORE ON “HOW TO INVEST IN REAL ESTATE “

Copyright 2019 (c) Entrepreneur Training Courses LLC

Here’s What You Don’t Know About Business That Could Make You Fail Dismally

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OK, so you want to start a business or already have a business. You may be successful or you may not be successful. You may have a job in which you are successful or may not be so successful. Whether you want to start a business, have a business or have a job is all business and you need to know what can make you fail.

We are briefly going to touch on some of the topics that can cause you to fail in your business activities. This is a brief discussion and more detailed information can be found by CLICKING HERE on how to avoid these issues.

  1. Lack of Action on an Idea
    • How many times have you had an idea just to see somebody else taking that idea and making a success of it ? This can happen in your career, business or with a product or service that you provide. Lack of taking action is key in many career and business failures.
  2. Fear
    • Fear is one of the biggest inhibitors to success. Fear manifests itself in excuses why you cannot do something. Fear has been the cause of many business and career failures simply because you are afraid to take the next step. Fear manifests itself when you are faced with the unknown. When the perceived risks outweigh your ability to act.
  3. Self-Doubt
    • Self-doubt creeps in when things do not work out the way you think it should work out. You then feel like giving up. Self-Doubt is one of the reasons why so many prospective entrepreneurs never act and where their business idea is never launched.
  4. Business Idea Issues
    • Choosing your product or service that you will provide can at the same time be a very exciting and very fearful experience. Your product or service has to be at least good, if not great, to start out with. It has to be differentiated in some meaningful and important way from your competitors’ offering.  All else follows from this principle.
  5. Raising Funding
    • Raising funding for a startup business is not easy. It is however more difficult if you cannot provide your potential funder with a clear plan in order for them to finance you. So after developing your idea, the next challenge you are going to face when starting a business from scratch is that of raising capital.
  6. Lack of Direction
    • If your vision and goals are not defined correctly then you will be like a boat without a rudder and drift aimlessly across the waters to nowhere in particular. You have a great idea for a business. Now what ? Without some sort of direction you will be stuck where you are for the rest of your life. Direction is provided if you know exactly where you are going. If you have a business roadmap that shows you the way then you will not lack direction.
  7. Lack of Organization
    • A business can be a complicated beast which requires a whole new skill set. If you lack organization then this becomes an endless spiral where you are not able to conceptualize every moving piece of your business from operations to finances. If your organization is not defined correctly from the start then you may fall into the lack of organization trap.
  8. Poor Planning
    • Even seasoned entrepreneurs fall into this trap and will ultimately lead to failure if not properly addressed. Poor planning is probably the main cause where obstacles are faced by prospective entrepreneurs.
  9. Mentor
    • Are you familiar with the phrase ‘no man is an island?’ Sometimes to be successful in business – and life – you must rely on people to help you along the way. Business professionals today have numerous opportunities to participate in relationships that can further their personal and professional development. One such relationship is a mentoring partnership.

CLICK HERE to find out how you can mitigate and address all these issues.

Get an online mentor for yourself and your business by ENROLLING HERE into an online process that will guide with step-by-step processes or click on the image below

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FREE WEBINAR : The Secret of How to Re-position Yourself, Your Business , Your Product/Service Revealed

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CLICK HERE TO REGISTER FOR THIS AMAZING FREE WEBINAR

Do not miss out on this unique opportunity to re-position yourself to your own POWERPLAY space.

Suitable for:

  • Individuals
  • Students (From Grade 8/University)
  • Employees
  • Prospective Entrepreneurs
  • Current Entrepreneurs
  • Current Business People

You can watch this on your computer, laptop, tablet or smartphone. Watch it from anywhere.

CLICK HERE TO REGISTER FOR THIS AMAZING FREE WEBINAR

Free e-Book : The Secrets of Making Money Without A Product

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Uber is the biggest taxi company in the world yet it does not own any vehicles. AirBnB is the biggest accommodation provider in the world yet it does not own any property.

You can earn money in exactly the same way as Uber and AirBnB where you can earn an income without having any product whatsoever. This is an amazing concept. You do not have to design or construct any product yet you can earn an income from it. Best of all is that you can do it from any smart device and from anywhere whether it be the comfort of your home or some exotic destination. This is all made possible through technology.

You can become part of this disruptive innovations that are becoming available to everyone. These innovations can alleviate poverty and provide a means of living for everybody that has access to a smart device and the internet.

This free e-book will explain the concepts behind these disruptive technologies and will also expose you to mechanisms where you can earn an income without a product. It is however still recommended that you do this within a well defined business framework to gain the most from these disruptive innovations.

Entrepreneur Training Courses provides a process where such a business framework can be created with tried and tested processes. This is provided through step-by-step processes hat will guide you to business success.

CLICK HERE to get your free e-book.

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