Reg: Just Think About it-What makes more sense- A JOB or A BIG BUSINESS

[mohan kumar]

Dear friends,

Please read it and think it,Start follow the  MMK's passage.

A) JOB OR BUSINESS

Being in a Job is like staying in a RENTED HOUSE

-does it belong to YOU -No

-can you sell it - No

-can you transfer it to your children or pass it on as a LEGACY -No

-does it have Capital Appreciation!!! -No

the rent will increase, and so will your expenses and Liabilities

What happens when the landlord of the house (your boss/company) asks you to vacate

You find another Rented House (Job)!!!

Being in a BIG Business is like staying in a OWN HOUSE

-does it belong to YOU -Yes

-can you sell it -Yes

-can you transfer it to your children or pass it on as a LEGACY --Yes

-does it have Capital Appreciation!!! --Yes

-can you give it on rent and generate PASSIVE INCOME!!! --Yes

THEN WHY WOULD YOU WANT TO STAY IN A RENTED HOUSE FOR 40 YEARS!!!

Why don't you consider BUILDING A OWN HOUSE while in the comforts of staying

in a rented house!!! It is possible, can be done in Parallel.

B) JOB OR BUSINESS

The Tax laws around the world favor the Businessmen than the Jobbies!

Lets take an example:

Income=INR 30 lakhs, Expense=

 

INR 20 lakhs, Tax rate=30%, S=Savings

for a Jobbie

Income- Tax= Net Income

Net Income-Expense=

 

Savings= Zero

for a Businessman

Income- Expenses= Net Income

Net Income-Tax=

 

Savings

Doing the Maths, for the same parameters

for a Jobbie the Savings is Zero

for a Businessman the Savings is 

 

INR 7 lakhs

C) JOB OR BUSINESS

Statistically the growth of Income in a JOB is always LESS than the growth in expense and liabilities

for several reasons:

-getting paid for your time, effort, skills and knowledge- which by its nature is limited at an individual level

-inflation is growing faster than the growth in income

-cost escalation with passage of time is a reality across the world

-context of life increases your 

 

expense and liabilities eg: when you are single you have a bike, get

married and buy a car, when the kid comes pay for school fees, so and so forth

-you get your salary/Net Income after tax deduction but you always pay for things after tax addition (restaurant bill+ service tax)

This phenomenon of Income trailing behind your expense and liabilities is termed as "RAT RACE".  That is why

senior executive will continue to serve in a job till they retire, in most cases.

Statistically the growth of Income in a BIG BUSINESS is always MORE than the growth in expense and liabilities

for several reasons:

-getting paid for OTHER'S time, effort, skills and knowledge- which by its nature is Unlimited

-inflation is growing SLOWER than the growth in BUSINESS income

-you get your net INCOME before tax deduction, AND most of your expense can be expensed out as business expense!!!!

QUESTIONS TO ASK ARE:

-DOES IT MAKE SENSE TO STAY IN A RENTED HOUSE OR BUILD YOUR OWN HOUSE?

-DO YOU WANT TO BE IN A JOB FORVER OR EVENTUALLY MOVE INTO A BIG BUSINESS?

-DO IT REALLY MAKE SENSE TO BE IN THE RAT-RACE?

--
 
*With Regards*,
 
*M.MOHANKUMAR,*
*(8147573435,9886202288).*

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[suresh....@gmail.com]

Hi lions , IM suresh i dont have a degree and im working in a small bpo i was a leo now im trying to become a lion, i read ur mail sir, its good but a poor guy like me how can we start a business , first is thr any possible to get a job from u?

----------
Suresh M 9962271862

------Original message------
From: mohan kumar <mmkl...@gmail.com>
To: "mmkmba2009" <mmkmb...@googlegroups.com>,"teccse2005" <teccs...@googlegroups.com>,"Hi ,Hw R U" <indhut...@gmail.com>,"Sabaresh Something Spl" <asaba...@gmail.com>,"Ragu Ram" <rragu...@gmail.com>,"amruthm3" <amru...@gmail.com>
Date: Monday, May 7, 2012 7:58:25 PM GMT+0530
Subject: Reg: Just Think About it-What makes more sense- A JOB or A BIG BUSINESS

Dear friends,

Please read it and think it,Start follow the MMK's passage.

*A) JOB OR BUSINESS*
*
*
*Being in a Job is like staying in a RENTED HOUSE*

-does it belong to YOU -No
-can you sell it - No
-can you transfer it to your children or pass it on as a LEGACY -No
-does it have Capital Appreciation!!! -No

*the rent will increase, and so will your expenses and Liabilities*
*
*
*What happens when the landlord of the house (your boss/company) asks you
to vacate*
*
*

You find another Rented House (Job)!!!

*Being in a BIG Business is like staying in a OWN HOUSE*

-does it belong to YOU -Yes
-can you sell it -Yes
-can you transfer it to your children or pass it on as a LEGACY --Yes
-does it have Capital Appreciation!!! --Yes
-can you give it on rent and generate PASSIVE INCOME!!! --Yes

*THEN WHY WOULD YOU WANT TO STAY IN A RENTED HOUSE FOR 40 YEARS!!!*

*Why don't you consider BUILDING A OWN HOUSE while in the comforts of
staying*
*in a rented house!!! It is possible, can be done in Parallel.*


*B) JOB OR BUSINESS*
*
*

The Tax laws around the world favor the Businessmen than the Jobbies!

Lets take an example:
Income=INR 30 lakhs, Expense=

INR 20 lakhs, Tax rate=30%, S=Savings

for a Jobbie
Income- Tax= Net Income
Net Income-Expense=

Savings= Zero

for a Businessman
Income- Expenses= Net Income
Net Income-Tax=

Savings

Doing the Maths, for the same parameters
for a Jobbie the Savings is Zero
for a Businessman the Savings is

INR 7 lakhs

*
*
*

*