What is your passive income? How to gain more? Let's share!
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tyty



Joined: 31 Dec 1969
Posts: 423

PostPosted: Sun Apr 12, 2009 9:00 pm    Post subject: Reply with quote
jesleong wrote:
tyty wrote:
I think it is a good idea to get someone we trust to help to look after the part time business if we are too occupied with the full time job. This not only help to release the burden but at the same time we can keep the business going..But by doing this, the profit will be lesser too..labour cost.. Laughing


Profit not necessary to be less. This is because time is money too. We employ someone to do our job and handle our business. Basically, we just need to monitor the account and the stocks. So we do less work but we still earn our profit. This is why there are so many bosses here to employ workers. Wink


Good explaination! Time is also money..Yes, the time can be utilise for other stuff too..The most important thing is to look after the business well with good management too..
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tyty



Joined: 31 Dec 1969
Posts: 423

PostPosted: Sun Apr 12, 2009 9:03 pm    Post subject: Reply with quote
Hope that more & more people will eventually join the business line & generate a good income too..from small to big business eventually..there is no harm trying..take the failure as a steeping stone.. Wink
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