In Vancouver, real estate is over valued, or at least it is to my belief. I am not saying that it is going to go down next year, it could very likely continue going up for years but what I am saying is the opportunity is limited there in my opinion. If you look hard enough of course, you will find opportunity though so don't let that stop you! The cost of real estate also drags up the rent price. This makes it hard for small business to get ahead, since a lot more of their products cost more and their rent prices cost more, unless they get their products from somewhere else in the country, or world. If your going to have a small business, this may get you ahead but set a goal of creating a big business. This is how you will get ahead big time, and will lead to financial success if that is what you truly want.
In my opinion, the best ways to get ahead in Vancouver is to start a network marketing company, be in some sort of sales, business, or to be an investor of course. Network marketing is a great way to start a business, for little to no money, and there is no limit. Some people look down on this type of business but in the end, its just as hard as starting your own restaurant, or being a door to door sales men, or any other business or sales job. Next, In Vancouver, we know real estate is very expensive. This is a downfall for looking for an investment property, but to be a realtor and collect a percentage of a sale that is that huge is incredible! Once you build your image up, you can be flipping houses like crazy! Anything that is a higher value that includes a sales job that pays commission Is an opportunity in Vancouver, keep that in mind when you say that service, asset, or business is to expensive. business is another great way to get ahead, you can make a decent amount of money by starting a business but remember with a shrinking middle class, your goal is to create a big business! If you don't grow, a company that is doing what your doing will buy your company in a downturn! Don't be the one selling your company is a down turn, be the one buying your competition. Perhaps consider a online business, as they are growing rapidly in our current economy! Cheap to start, and run, with the potential to make just as much as any other business! Last but not least, investing is a great way to get ahead. We still have access to the stock market, which means you can invest all around the world from your house! Even real estate around the world, you are capable of investing in. America has a lot of opportunities and is very close depending what part you are looking to invest in. we can buy and start companies world wide, from our computer. Of course you might have to take some flights yearly or monthly but don't take that out of the options. Some places have better tax rules, better price to earnings and other things like that which can benefit you starting a business there.
Anyways, this is it for todays blog, hope this opened your mind a bit more to how to get ahead in Vancouver, where the cost of real estate is over valued causing higher poverty, making it harder for the average worker to get ahead and for smaller business's to get ahead. I will be having blogs further more into these subjects in the near future! Have a good day everyone.
UPDATED BLOG:How to get ahead in vancouver 2 MUST READ
Check out our new and improved blog on how to get ahead. better than this, it has tips about paying less tax! Make more money by starting to keep more money in your pocket.
The face to the name
No comments:
Post a Comment