If there is one thing that we should all be looking forward to, it is to achieve financial independence. The importance of financial independence cannot be emphasised enough. When the world locked down due to the pandemic, people realised that just having a job and salary is enough to keep you afloat. Millions of people around the world lost their jobs or had their businesses closed down. Due to this, more and more people have become aware of the importance of financial independence and why it is more important than having a steady salary or a 9-to-5 job. Here are some of the reasons why financial independence is of utmost importance and how QNET India can help achieve financial independence.
Importance of Financial Independence
Job security is an illusion
Entrepreneurs are frequently motivated by financial insecurity. Many entrepreneurs labour absurd hours, spend their whole life savings and ignore key relationships in pursuit of a goal with no guarantee of success. Who in their right mind would accept such risks?
One thing to keep in mind is that you are in business for yourself, whether you are self-employed, a typical employee, or a business owner. The most important distinction is who your consumers are. A typical employee’s “client” is their employer. He or she is the one paying for your services. However, if you operate a business, you have a large number of clients (or bosses).
As a result, many entrepreneurs believe that having a single boss is intrinsically riskier than having several “bosses.” For example, if you operate a profitable firm where you had complete control over prices, growth, and marketing, a slew of customers would have to effectively “fire” you before you were driven out of “work.” The sustainability of a business owner is no longer defined by a single person’s viewpoint or stockholders who may not even know his or her name. This is why financial independence is so crucial to conventional employees: no amount of education or experience can ensure that even the most talented and devoted employees will not be out of work by the end of the day tomorrow. If you are an employee, you are always being interviewed.
Saves you from the “Rat race”
Nowadays, there is utter contempt for employment. We admire people who retire early. However, I’ve concluded that the prospect of quitting the “rat race” thrills me far more than the prospect of retiring. For example, there’s an inherent need to make a difference that would be difficult to fulfil if your concept of retirement was lying on the sofa every day watching The Bold and the Beautiful. According to Stephen Covey, we all desire to “live, love, learn, and leave a legacy.” Such ambitions can be realised with the correct work.
Rather than removing employment, I believe that many individuals desire to eliminate their need for provision, which clouds every choice they make, prevents them from pursuing their aspirations, and prevents them from spending time with the ones who matter most. A financially free individual has unclouded ideas and ambitions, may explore changes that are often seen as hazardous but have a high payoff, and can govern his or her time in ways that people who work nine-to-five jobs can only dream of.
You are in a better place to help others
“No one would have remembered the Good Samaritan if he had merely had good intentions,” remarked Margaret Thatcher, the Iron Lady. Some people claim that all they desire is enough for their family. It’s as though they’re disgusted with everyone who wants more. They utterly ignore how horribly selfish they sound.
If we want to live extraordinary lives, we must often go beyond our four walls to find who we might assist. Just because generosity begins at home does not imply it should end there. One reason it is critical to broadening your vision is that it will frequently be the catalyst for others to become interested in your ambition. For example, Oprah, Rachael Ray, and Dr Oz are all extremely successful because they “major” in helping others. The challenges you address for others are what open the doors to your next advancement. One of the advantages of being financially independent is that you are free to tackle some really complicated challenges!
You have more fun in life
While happiness cannot be purchased, the fun can. I don’t mind if someone wants to live in his ideal house or drive his dream car as long as he has been financially responsible. Petra Ecclestone, a rich heiress, just paid $85,000 for the ancient Aaron Spelling 57,000 square foot estate. During an interview, one reporter asked her about the numerous critics who claimed there were better uses for her family’s money. She responded that she was quite engaged and helpful to her selected organisations and had no obligation to cease enjoying her life because of what others said. One important factor to remember is that just because you can have fun with less doesn’t mean you have to.
Money is only a tool. It merely multiplies what is currently there, so if you have fun and donate with your current income and assets, think how much more fun and generous actions you may do if all of your financial resources were magnified.
Tailor your work to meet your life
Of course, individuals who are financially independent are not the only ones who can choose or create the correct sort of employment. However, the two appear to be connected. Thomas Stanley stated in The Millionaire’s Mind that millionaires are more likely to have selected employment that is particularly suited to them; the appropriate work provides a competitive edge. Being financially independent means, you have more time and resources to explore your talents and abilities, personality, interests and aspirations and determine how to effectively combine that into your career; you have more chances to do it right.
People are increasingly interested in alternative job models such as freelance work, independent contractors, consultancy, distributorships, licencing, and so on. Just because one model isn’t a good match for you doesn’t mean you can’t find or create a real fit with another. Maintain vigilance in your task. This decision may affect not only your financial freedom but also your sanity!
Financial Independence with QNET India
Direct selling companies like QNET India are hands down one of the best options for anyone looking to achieve financial independence. Millions of people around the world have joined QNET India and made their dreams a reality. Direct selling is the opportunity to start your own business without much starting investment and make profits. There are two ways by which one can make money as a QNET direct seller- retail profits and step commissions. You can read more in detail about retail profits and step commissions in this article. You can also get a better look at how QNET India works from this article.
Do you think you have what it takes to be a successful QNET direct seller? Then head to the QNET India website and start your journey towards financial independence and entrepreneurship today!
