Why You Need An Online Business Even If You're Employed

All the successful companies that rank high in the world today, think Dell, Microsoft, Apple - all started in garages. All during the founders free time, after work or over the weekends.

This means that they likely hustled very much in the beginning, trying their best to not waste time and focusing on their side businesses (of course they would have some social life too), and built it up during their free time.

Same for you and me.

We have the same 24 hours a day, 7 days a week and 365 days a year: what we do with our time will determine our future, rich or poor, stable or not.

We have no one else to blame but ourselves (unless something that is totally out of your control happens to you), and in the same vein, it also means that you likely have total control of your future.

So let's focus on starting and growing a profitable online business, even if you're currently employed. In fact, I highly recommend doing this because:

  1. It's super low cost. You can literally sign up for the free membership that don't even need a credit card too and learn all you need to learn to build your online business, and when you're ready, you can shell out $359 per year or $49/month for access to more premium materials.This is so affordable compared to starting a physical business or even getting involved with MLM (yuck, read my disdain for MLM here). Physical businesses will need upwards of 5 figures to start, and most MLM has starter fees and monthly product purchases in the realm of hundreds per month (yet suck big time).

  2. You have a global audience: physical businesses and MLMs tend to be very local, ie your customers are the people who live in the same town as you, and that's it. Online business? The world is your oyster: you may have clients from US, UK, Singapore, Asia - doesn't really matter.

  3. You are protecting your cashflow with multiple streams of income: being an employee usually means that you work 40 - 50+ hours per week for ONE paycheck, which usually is 100% of your income. If you lose this job, you literally have ZERO income next month.With a profitable online business, you will more common than not, have multiple customers with multiple streams of income, and you will no longer (or ever) have to dread the awful conversations with your boss that starts with "We have to talk. The company is downsizing and..."

  4. You are protecting your future: imagine your online business is bringing you streams of passive online business today, say you make a modest $500 - $1000 a month. Ask yourself what happens if you scale it up to 2x? 5x? 10? (Compared to the measly 2-4% annual increments)What would you do with that? You can build it up much bigger AND keep your job (don't have to drop either), but you HAVE the option to fire your boss/company if you so desire, to focus on your online business, to take a sabbatical, whatever.

  5. You get to learn a new skill that not only challenges you and helps you grow, but protects you for the future (see points 3 and 4 above): your online business is yours. No one else can take it away from you. And if it's profitable, and if you can build it once, you can build it again. It's a life skill that will help you for life.

What are you waiting for?

What about yourself?

If you're a student, stay at home mum (SAHM), working full time or part time, or retired: you must build an online business on the side. Please don't quit your job yet, build it on the side until it's profitable enough to replace your salary, then you have more options.

It's not a luxury but truly a necessity for your future.

I've built multiple businesses (and lost multiple too) and I can tell you frankly that building a business on the internet is the cheapest/most cost-effective way to business. There are thousands of people who do so sharing on topics that they're passionate about (like how NigelChua.com shares on passive income and online business, which is my passion…for years now).

I know I am making some money online (see my income reports), and I know my financial future is getting better and better. But it is not easy, and takes a lot of time to learn and apply but I am building my passive income internet businesses that will work for me day in, day out; serving readers and customers profitably and delivering value 24/7.

To learn how I to make money online, join my mailing list and visit my resources page to see all the tools I use actively to build money making online businesses.

join me in intuitive, loving, gentle and good success and self mastery that actually matter. no hype. no bullshit.

Hang around here for some time, you'd see that I don't well with hype or bullshit. I can smell that typically a mile a way, and I hate that shit too.

I've been working on myself and on NigelChua.com for years, since 2006, and only in late 2019 I started to focus on intuitive and loving leadership, entreprenership and personal development.

Here are some areas that I work on a consistent, ongoing basis.

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See the Tools & Resources I use to improve my life, businesses, health, build passive income and more.

The core topics I cover in NigelChua.com is:

  1. Eternal life and salvation: Jesus Christ is the Way, the Truth & the Life
  2. Fix your health: get healthier, live longer, run faster, more energy, fuck more
  3. Passive Income Lifestyle: Become financially secure by building assets that provides multiple streams of passive income that's more than your living expenses
  4. Personal Loving Relationships: Attract, build and grow relationships you love
  5. Philanthropy: give to the poor and needful
  6. Philosophy: Conscious, purposeful and positive living
  7. Productivity: How to become more efficient and productive in less time
  8. Insure yourself and your loved ones (Health insurance is important)
  9. Optional Adventures: Become rich and wealthy
  10. Optional Adventures: Build businesses that adds positive value to your society and life
  11. Success Principles

passive income lifestyle actions to take today and EVERYDAY To build streams and streams of passive income

#1 Start An Online Business For Recurring Business Passive Income

Wealthy Affiliate is my recommended for WordPress online businesses.

I've been a premium member of Wealthy Affiliate since 2015 and there are a number of pros to be with them, which you can read at my Wealthy Affiliate review here.

One of my favorite points of WA is that they have a try-before-you-buy forever-free membership which you can sign up here for free. No credit card needed.

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Become a Top Dividend Stocks Online member and get top dividend lists that highlight the best dividend stocks.

You'd get live updates to

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These are the consolidated reports that you'll need to guide and make good and sound dividend stock buying decisions, to ensure that the dividend stocks that you buy are good.

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Join the Invite-only Forum For Investors & Traders By Bill Spetrino

  • For Beginning Investors, As Well As Experienced And Professional Traders. 
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#4 Diversify, Protect & Multiply Your IRA/Cash

Billionaires are investing in precious metals and cryptocurrency such as Richard Branson, Peter Thiel, Eric Schmidt, Michael Novogratz and not to mention scores of very smart people and multi-millionaires like Tim Ferriss. I too am investing in cryptocurrency.

Ever-Green Assets: Precious Metals (Gold & Silver)

Experts agree that the financial market is now even more fragile than pre-2008. Will your current retirement portfolio weather the imminent financial crisis?

Threats are many:

Is gold really useful in times of trouble? See for yourself:

Invest into precious metals such as gold and silver here

Future (Proof) Assets / Money: Cryptocurrency

You may wonder why investors worldwide are flocking to digital currencies (also known as cryptocurrencies or cryptos)?

Take a look at this chart showing the growth of a 10K portfolio invested in just three cryptocurrencies.

This is just one of the reason. And it'd continue to grow as utilization and applications increases.

Diversify and invest into future currencies and cryptocurrency such as Bitcoin, Ethereum, Litecoin and Ripple today, find out how here

One year from today, you'll be one year older. What would you have done by then?

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