Steps to Become Rich - Grow Your Income While Working Full Time for an Employer

By David Singh

This e-book attempts to provide most aspiring people with information and ideas to progress in their personal and financial life. Thinking of earning more money, everyone does exactly that, thinking, dreaming and wanting that rich lifestyle. For many, their thinking and dreaming never materialises although they have all the right talents, knowledge, skills and experience. Even if you lack of these qualities, nothing should stop you from progressing in your personal and financial life and enjoying economic prosperities.

 

You need well researched and properly defined path together with refined plan of action for execution. The path to success is all around you. If you change your mind-set, reconfigure the way you think, act and spend your time based on your refined plan, you will come to realise that success is not something far off but within your very means to reach.

 

Working full-time 8 hours per day, 5 work days a week gives you less time on hand to work on improving your financial position. This e-book provides you with some ideas on how you can, possibly earn extra income while you are still employed by your current employer. You may surely need to be prepared to start to think, act and behaviour in a manner that is well outside your comfort zone. You need to see a newer version of you within you, a part of you that is much smarter and productive than your previous evident achievements.

 

The day you decided that you wanted to drive a super car and live in a mansion, nothing in your way will ever stop you from dreaming high and achieving the sky. We all have equal 24 hours given to us as a new day everyday. It is up to us as to how we will spend the most precious and scarce resources, that is our time. Most of our time is spend in our head and less time in actions.

 

So if you are planning to become the richest person in your family, amongst your friends and colleagues or the richest person in your community, country or even the world, there is no external hindrance other than you yourself. If you have the determination, will and the courage to walk alone along the path of your deepest desires, you will achieve the success in as little time.

 

This e-book provides you with information to reconfigure your thinking and conduct detailed research and proper planning before you take any physical investment and action. You must be fully satisfied after reviewing all relevant information from reliable sources that your actions will materialise into success and you will continue to achieve ongoing success.

 

You will have to exercise care and caution and act smarter in your approach as you start to think along the lines of exploring possibilities and opportunities. Get out of "I wish I was" and get into "I am", the shift in your thinking pattern, thought processes and how you value time will all change as you embark on an exciting journey of making yourself bigger and better than what you are in this present moment.

 

When you work for an employer, you are contributing towards his net worth. Now, you will look deeper into working for yourself and creating net worth for yourself. You want to be the mega star of your time and your time is now. Therefore if you are seriously think of changing your economic conditions for the better, than act now and I mean act now.

 

There was no tomorrow. There is no tomorrow. There will be no tomorrow. Act now and let the rays of your success shine around your world.

• Language: English
• Publisher: David Singh
• Release date: Oct 12, 2021
• ISBN: 9798201444273

David Singh

Mr Singh is a global research economist, He holds degrees in Economics and Commerce,  He has provided research and advisory services to clients in global business environment.

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Steps to Become Rich - Grow Your Income While Working Full Time for an Employer

About The Book

This e-book explores the hidden visions and potential available opportunities to many aspiring future entrepreneurs’. The book attempts to discuss ideas and steps that brings about necessary changes to your thought process and physical actions leading to widening the scopes for you to start a small manageable business. Starting a small yet manageable business helps to increase your daily income while you continue to work for your current employer and maintain your job and income security.

Money forms an important part of our material life. It is a common denomination in trade and commerce activities. Money is the medium of universally accepted means of exchange when converted to local market currency. The world we live in today is more materialistic in nature than the traditional lifestyle of the past generations. The basic act of sleeping in a comfortable environment today requires money, whereby a person needs to buy items such as beds and have a reasonable house to live. You cannot merely walk around with your family and carry your household items; this is impractical and not a standard living condition in today’s society.

However, for many aspiring future entrepreneurs, their dream of becoming a successful business owner remains to be a dream. For some brave personalities amongst many prospective entrepreneurs, their business venture may start well but unfortunately the outcome would be an expected loss of capital and business failure in a relative short period of time from the date of the commencement of business.

For many people, working in a full time role provides them with a level of comfort in terms of income and job security. In actual fact, there is no such thing as a certainty or guarantee for the continuity of job for employees in any part of the world today. In simple terms, no employee can proclaim that their jobs and income will remain secure in the future. This uncertainty of income and jobs has been much evident during the pandemic crisis. For many employees that are in stable and secured roles today, losing a job unexpectedly tomorrow can cause problems in other aspects of their personal and family life. More so, for some of those unemployed people, finding a comparable job with the similar level of salary and working conditions may not be possible. Additionally, just relying on limited savings may not be a sensible and feasible approach especially where the prospect of finding comparable jobs is significantly low due to various uncontrollable external factors. Any industry which is negatively affected by technological advancement or have a higher number of people looking for jobs, in such industry, a large number of people will find that they are being unemployed for a longer period of time and it is even harder to land into a secured permanent role.

Hence as a mitigating factor in life, it is always important to create a possible second stream of income while you are still employed in a secured permanent role. To add a certain level of financial security and freedom, it becomes increasingly imperative for aspiring future entrepreneurs to take a sensibly bold step forward and be prepared to put additional hours towards work. This additional work hours on top of standard work hours committed to your employer, may dramatically reduce your leisure time for some weeks or months, but it will surely be worth to move into such positive and progressive direction. At the end of the day, if working smarter leads to an increase in inflow of daily cash flow, this action on your part will surely be worth pursuing immediately.

Success is not dependent on hard work but adapting to and implementing smarter work techniques, professional ethics and best work practices. If you work for an employer, you are the means through which you employer earns his revenue. If your employer employs 10 staff members, then his revenue is multiplied according matching the number of resources he employs as there are more brains and hands available to perform different tasks simultaneously. Therefore, the difference in his earnings between employing 1 staff and 10 staff members will equate to a significant amount in revenue and the profit.

Now bring this concept to your life. You are a person with one brain and a pair of hands and therefore you can only earn so much working on your own, in your given ability and capability. It is important to note that you are working in your role for the very reason that you have employment security and also a consistency in your weekly income. However, there is nothing stopping you from being employed full time whilst creating a second secured source of generating additional income.

Limitations are what we place on ourselves and we become comfortable creatures of our habits enjoying routine tasks with minimal projected risks within our created limited boundary. When an unforeseen event strikes in our life impacting negatively on financial life, many times, people get into worrying, depressing, stressing and conflicting modes disconnecting themselves from possibilities and probabilities that may just be in front of them. The atmosphere of distress and discord leads to excessive negative thoughts clouding our mind and distracting us from taking constructive steps forward.

The author attempts to draw the attention of the readers to the possibilities that is within their reach and to achieve success, the readers will need to reconfigure the way they think and behave and project their future in a positive light. There are many risks evolving all around us, some notable events ranges from the effects of ongoing global pandemic crisis to advancing of artificial intelligence and robotic technologies in the near future.

Today we have the whole world on our figure tips. Without travelling, we can see, read and learn just about anything and everything. We have more opportunities today that we can explore from the comfort of our bedroom and potentially earn millions of dollars. The basic step required to tap into those opportunities is firstly a willingness to step out of our comfort zone.

Education and university degrees are an excellent foundation. However, what and how we make use of that knowledge from units and courses that we learned in the degree programs and apply those during the course of our life is totally another matter. Being a law, accountancy, finance, economics or business graduates equip us to land into a professional role, it may not always be an ideal role related to qualification, but it certainly provides comfort to the employer that you are a person with an excellent education background and acquire logical thinking and communication skills that may invariable add value to the employers business.

Being constraint in your profession by an ego with a mind-set centred on a certain profession only may be one reason that you fail to identify opportunity and capture some excellent moments of life changing opportunities. For a law graduate, he may well and truly be aspiring to work for the best and highly reputable city law firm. That is the perfect vision of a law graduate and you may succeed in establishing your name in certain specialised areas of law. However, after few years of practicing law, if you remain to be working for an employer and your income is dependent solely on you performing your job, that is, if you couldn’t work for 1 or 2 years due to poor health reasons, what happens to your financial life. A heart attack will not knock your door in December of 2021 to say I am on your way and possible will take you down by September of 2022; this seems to be a funny remark. However, it will not be a funny situation if such unforeseen health crisis strikes without any warnings such as chest pains.

Pandemic crisis has shown that no one can confidently say their job is safe. To some extent, availability of online platforms has allowed many professionals to keep their job. But just imagine for a moment, there was a crisis that can occur in future, which will affect the way we work remotely. In that context, pandemic was an event not known to strike and affect businesses that started in late 2019 and became a fully blown global crisis in the first half of 2020.

The world as we knew is drastically changing and the life that we once enjoyed have been disrupted dramatically. We are living in a phase and period of time that anything and everything unknown is possible. Today, vast population in advanced economies are relying on some level of government stimulus for basic survival. The paths of recovery for damages caused by pandemic crisis leading up to the 3rd quarter of 2021 will be prolonged into the future. The probability that the current pandemic crisis will continue for some few years including new highly contagious strains of virus may appear or a totally new crisis may emerge further threatening and deteriorating the very foundations and fundamentals of human survival.

Therefore, just relying on one source of income or restricting to a standard work hours may not be a smarter approach in this era and age of surprisingly new and unknown disruptions to livelihood. We hope the readers will take away some notes of value and it will change your mind set and elevate the level of your future earnings bringing about financial stability, security and freedom in long run.

About the Author

Mr Singh is a global research economist. His approach to live is that, we are not living in a static environment, rather moments of periodic changes and complete evolution due to advancement of technology, natural disasters, health crisis and economic crisis. It is for every person to fully be conscious of their thoughts and actions and plan their life in a structured way. Taking control of your life by reviewing stock of your accumulated skills and experiences and the position of your life and then configuring the life that you want to create, will allow you to device constructive plan and structured strategies and execute your planned actions.

This e-book is dedicated to my wife, mother and my son. These are sources of my energy, encouragement and motivation that provide ongoing fuel so that I continue to thrive to shine in our world.

My son has been instrumental in keeping my brain alive and active. His online schooling is an exciting daily event that makes me go back to my childhood school days experiences, the days which if everyone has an opportunity to, will go back to live.

Children are a true blessing in the lives of their parents; they have bigger wisher but smaller demands. There are also much more knowledgeable in their young age compared to the knowledge parents would have back when they were of similar age, all thanks to the availability of technology we have today at our figure tips. Today, an 8 years old boy may know more about supercars than most fathers would know. This is really interesting as they can fill their fathers busy world with their little fancy knowledge and wisdom.

The best doctor I have is my son; his cute smile is priceless and is more powerful than most medicines readily available today. They don’t understand what a worry, stress and depressions are; rather they enjoy the true beauty of peace and happiness in their way that is not taught to them through verbal or structured text books.

I would say the richest people on