In a nutshell, STATISTICS. 60% of new businesses fail within their first five years.
My system applies the same diversification techniques used by stock investors to employment. Why specialize and bet the farm on one career? Instead you should have multiple income streams!
With my system, you are using assets, avoiding liabilities. You perform tasks that you were doing for free but now get paid for (searching, clicking links, watching videos). You are not spending tens of thousands on a college education that will be useless, obsolete, or outsourced. You combine practical entrepreneurship, with a frugal lifestyle, with a proven investment strategy!
My favorite income stream is selling covered calls. Did you know that over 75% of options expire worthless? That means I keep my option premium and can repeat the process all over again.
Unlike network marketing systems, you will earn income even if no one joins underneath you. And unlike the touts and come-ons all over the Internet, I document all my income streams.
Census data shows that the share of 16 to 24 year-olds traveling to work by car declined by 1.5 percentage points between 2006 and 2013, while the share of young people getting to work by public transportation, on foot or by bicycle, or else working from home, had increased.
Young people aged 20 to 30 are less likely to move from central cities to suburbs than at any time since at least the late 1990s.
Millennials consistently report greater attraction to less driving-intensive lifestyles — urban living, residence in “walkable” communities, and openness to the use of non-driving modes of transport — than older generations.
Fewer young people are getting their driver’s licenses than even a few years ago. The percentage of high school seniors with driver’s licenses declined from 85 percent to 73 percent between 1996 and 2010, according to the AAA Foundation for Highway Safety, with federal data suggesting that the decline has continued since then.