Most people feel happy in these zones, however
May never truly have personal growth.
We are all brainwashed from a young age, to do well in school, select a career, then find a:
And stay there until you retire.
I believe everyone is more than capable of achieving greatness.
Either: More Money, or Assets.
Thinking outside may be scary, but life is short.
We should take advantage of every opportunity offered to us.
Granted Comfort Zones have their advantages, however, in light of the past 2 years, everyone should be rethinking their situation.
Honestly, everyone should have Plan B, C, D, E.
Having extra income may be great.
Following applies to Australia, I advise you check your countries Tax Office Website.
If you chose to invest in a Business, I highly recommend obtaining an ABN, free if you apply via ABR, which is then linked to your TFN. Sole Trader is best to begin with. 1 Tax Return only.
Most outgoing costs associated with your investment are Tax Deductible, meaning, you may reduce your Tax Bill but increase your refund.
My advice too, is do your research, talk to the owner of the potential business.
Please never be after a quick $$$$$$$$ as they are scams, the only person/s who benefit are the scammers.
Genuine Businesses will always provide written agreements, but no genuine business will provide guarantees of success, no one can.
Investors need to be in it for a long term 2+ years.
Did You Know? If the business fails and you lose your investment, you may be able to claim that as a loss on your Tax return.
I can assure everyone, I will be totally transparent with MCC. Investors/Members will always be provided access to Financial Accounts upon written request.