The freedom formula Lamar Tyler – Tyler New Media [@lamartyler] 01 START MY STORY Full Time Entrepreneurship: benefits AND PITFALLS 8 step action plan
May 25, 2015
The freedom formula Lamar Tyler – Tyler New Media [@lamartyler]
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START MY STORY Full Time Entrepreneurship: benefits AND PITFALLS 8 step action plan
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MY STORY § Married w/ 4 Kids § IT Background (15 Yrs) § Lifelong Entrepreneur § BMWK Website § Films § Social Media
Ambassador § Full Time Entrepreneur
www.neutraslides.com
START MY STORY Full Time Entrepreneurship: benefits AND PITFALLS 8 step action plan
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Full Time Entrepreneurship Benefits
TIME FREEDOM
Unlimited Income Potential
Do What You Love
Build a Legacy
START MY STORY Full Time Entrepreneurship: benefits AND PITFALLS 8 step action plan
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Full Time Entrepreneurship The pitfalls
Hard work
You eat what you kill
Lack of Dependable Income
The Buck Stops with You
START MY STORY Full Time Entrepreneurship: benefits AND PITFALLS 8 step action plan
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8 Step Action plan
START MY STORY Full Time Entrepreneurship: benefits AND PITFALLS 8 step action plan
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STEP 1:
WORK TWO JOBS Remember that the rat
race was not created with your escape in mind!
START MY STORY Full Time Entrepreneurship: benefits AND PITFALLS 8 step action plan
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STEP 2:
GET OUT OF DEBT
Being debt free gives you the freedom to build from the bottom up and to take
financial risks and chances.
START MY STORY Full Time Entrepreneurship: benefits AND PITFALLS 8 step action plan
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STEP 3:
Develop a game plan
Create a vision for your business with a
strategy that lays out how you plan to
achieve your goals.
START MY STORY Full Time Entrepreneurship: benefits AND PITFALLS 8 step action plan
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STEP 4:
CREATE A LEGAL BUSINESS STRUCTURE
Create a legal business structure
to protect your assets and to take advantage of tax
benefits.
START MY STORY Full Time Entrepreneurship: benefits AND PITFALLS 8 step action plan
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STEP 5:
DEVELOP MULTIPLE STREAMS OF INCOME
Protect your incoming revenue by
having multiple streams.
START MY STORY Full Time Entrepreneurship: benefits AND PITFALLS 8 step action plan
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STEP 6:
INVEST BACK INTO YOUR BUSINESS
While you don’t fully depend on
your business financially, use the funds you generate
to reinvest and grow!
START MY STORY Full Time Entrepreneurship: benefits AND PITFALLS 8 step action plan
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STEP 7:
Build a team around you
Don’t be the bottleneck to your
business success.
START MY STORY Full Time Entrepreneurship: benefits AND PITFALLS 8 step action plan
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STEP 8:
MAKE THE SWITCH
When is the right time to make the big
jump?
START MY STORY Full Time Entrepreneurship: benefits AND PITFALLS 8 step action plan
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bonus
LIVE WELL The fun is just beginning!
START MY STORY Full Time Entrepreneurship: benefits AND PITFALLS 8 step action plan
THANKS FOR YOUR ATTENTION
START MY STORY Full Time Entrepreneurship: benefits AND PITFALLS 8 step action plan