Online Financial Training Series Lesson 3 (From Employee to Self Employed)

The difference between an employee and self employed.


Employee
The majority of people in work are employees. You are classed as an employee if you are working under a contract of employment. A contract need not be in writing - it exists when you and your employer agree terms and conditions of employment. It can also be implied from your actions and those of the person you are working for. Your contract will normally set out what you are expected to do. You will usually be expected to do the work yourself - ie you can't send someone else to do your work for you.




Self Employed
If you are self-employed you do not have a contract of employment with an employer. You are more likely to be contracted to provide services over a certain period of time for a fee and be in business in your own right. You will also pay your own tax.
You do not have employment rights as such if you are self-employed. You are your own boss and can therefore decide, for example, how much to charge for your work and how much holiday to give yourself. However, you do have some legal protection.



So becoming self employed means ill be rich?

Not so fast. This is just the first step to becoming wealthy. Self employment still needs you work to receive money.
But you are learning valuable, valuable lessons. The most important of all is getting out of your comfort zone.
Are you still under the belief you have a nice secure job?
It's time to start trying new things and developing new skills (which will also help you in your current employment).
You will discover advertising, selling, buying, dealing with people, money management, taxation, investing, business laws and loopholes, accounting, budgets, hiring and firing, delegating, Ownership and Decision Making, Developing a Creative Mindset & Taking Risks, Making Your Own Rules & Organizing Time, commitment to Your Goals & Deadlines for Success.
The main goal is to work as hard as you can and turn your self employment choice into a successful business.
You don't just get your 9-5 job here. You can work as much or as little as you want or need.
The hardest part is, no one makes you come to work.
If you don't turn up no one sacks you and yells at you if your late. If you want to sleep in you can. Quite honestly No one cares. If you don't work hard the only person your letting down is you. You don't just sit their and do all the work on your desk and go home. You have to actively look for more work. You don't do the minimum just not to get sacked. You have to be tough and enjoy what your doing to stay motivated.
A lot of people like the little bit of fear in their boss to get out of bed each morning. You have to find another reason to get out of bed and for most of us it is the money. Lots and lots of money.

Have i scared you off yet.

If your not running for the hills. Here is the good news
You will not be making a lot of money at the start (i know this is meant to be the "good part")
But unlike employment, the sky is the limit.
You can earn a lot of money because you can use more hours in the day to work. You can work weekends, nights or what ever you want.
As soon as you run out of time in the day. You move towards hiring another person to do the jobs you can't. And then another one and another one, until you are no longer doing the job you are now the manager.
Your job will be receiving payments off the customer and pay your employees to do the work. This is when you want to start your second business when you have more free time.
You will learn about going from self employed to business owner in a later blog.First lets not get ahead of ourselves. As you need to get the first step done.

Here is a nifty little online starter for everyone who want to learn all the processes of making the switch from employee to self employed to business owner/employer. Make all your mistakes here. Where it is full proof. And you will learn the lesson before risking money on any other online ventures you may be considering.

The first part will be the toughest. Which is to sign up. Over 80% of people won't sign up. They will have their own little excuse in their head. Such as "it's a scam, to much effort, i don't know what to do, i don't want to give any info out, they won't pay".
Well i have personally used this and i still do. I intend to introduce you to business partners of mine and new businesses and income streams. And i am not going to give you a dodgy rip off to start off with as that will be the end of my good name.
If for any reason you are not happy with anyone i recommend tell me straight away. I have a good business arrangement with all these businesses/people/websites and if someone i recommend to them has any complaints i will take it up with them.
If I'm not happy with the response i will pull everyone i have introduced out of there.

The second part will be sticking to it for at least 30days.
I have chosen this because it takes 5 minutes a day to do. And that's the point. You will feel like you want to earn more and you want to get more people to earn more money for you but you have to be patient.
As soon as you sign up you will be able to earn for most of you, your first cent on line.
The next post will show you the best strategy to build this business. And go from employee to self employed to business owner.
So what is it?
PPC
What is PPC? Pay per click (PPC) is an Internet advertising model used on websites, in which advertisers pay their host only when their ad is clicked. With search engines, advertisers typically bid on keyword phrases relevant to their target market. Content sites commonly charge a fixed price per click rather than use a bidding system.

So some websites have used this to make money. PTC Pay To Click.
They charge advertisers 5c every time they get someone like you to clicks on advertisers site. So the website post paying advertisers links on their page. So if you click on it the website gets 5c. So in return they pay you money to entice you to click on the link.

The first stage is the employee stage you will have to click on the links and earn money. As so as you sign up you can click and earn your first cent.
Keep going till next week and i will explain how you can start getting other people to click for you. And start making money every time they click.
This is leverage. It is is also practicing having employees. Remember this is just a training tool. You can walk away at anytime.
I recommend you get a new email address (msn/yahoo/google) etc something you can use and chuck away later and give that to any site you may join. Until you trust a site.
The sites you trust you can swap to an existing email and the ones you don't. You can walk away and never hear from again.
You will need a working email for most sites you join up. I will be delving into privacy and safety on the internet in later blogs.
Once in the site go to the forums and you will find hundreds of thousands of posts. This means this site is not going anywhere. It is a real community. Everyone helps each other, and everyone congratulates each other if they make $20,000 or $2.00.
It's up to you now. Here is your chance to make some money online to start learning. See if you can run a business making real money. Its FREE to use.
Practice running a successful $1.00 business. Try this before you risk any money online.
CLICK HERE TO JOIN NOW