Buisessness 1 Lesson 35

1.) Three goals I am willing to settle for when I reach the age of 75 are wealthy, healthy, and retired. I would like to be wealthy by the age of 75. I do not mean riches of Bill Gates, but enough money to live comfortably and not worry about my expenses. By the time I turn 75, the world will be much different. Even today, the cost of everything is soaring, and there is no point where they will come back down. That means by the time I am in my 70’s the costs of things will be unfathomable. Therefore, being in a higher class will allow comfortable spending, and stress free shopping. When I turn 75 I would also like to be as healthy as I can. I will want a good diet, with appropriate exercise. With being healthy, will be able to go through my normal day and experience the things that I love. Self sufficiently is what I want in my old age, I do not want assistance, or to be in a home, but to keep living normally. Lastly by the time I reach my 70’s and hit 75, I would like to be retired. I would want to be retired so I could spend more time enjoying my hobbies and spending time with my family. Not retiring to wake up and do nothing all day, but to seize the day, and to use all of the day for the things that I love to do.

2.) With these three goals in mind, there is much work to be done. This work is creating my own business. Starting and running my own business will create the time and resources to reach the goals of 75. First off, creating my own business will definitely help with all 3 of the goals I have created. These are getting rich, being retired, and being healthy. Starting and running my own business will help with me getting wealthy. That is because with your own company, you brand yourself. This could be for big clients, or even for the small ones. So with your own company you can push to get bigger clients and larger paychecks. And it will help spread a positive name for the company as well. This will also help with retirement, because if the business is successful, then selling it will not be a problem and the money made will support my retirement. Lastly, with starting my own business, it will also help my health where as I work on my own schedule to take breaks. This could be for exercising or just for stress. The Business will also help give me time for other fitness activities. This also means with being my own boss, I can take sick days to rest, and to recover. Therefore my health will be much better working for myself. Starting a buisessness gives the independence and resources to achieve goals by them age of 75.

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