How Elements Can Help You Achieve Your Goals
In exploring and pursuing any business venture, it is imperative to first have defined goals in mind. For example, where do you see your life in a year? In 5 or 10 years? How do you envision your retirement? Is business ownership or franchising the vehicle you need to help you achieve your goals or realize your vision?
A simple way to put these goals into perspective is with the ILWED model:
- • Income (short term)
- • Lifestyle (short term)
- • Wealth (long term)
- • Equity (long term)
- • Debt Elimination (long term)
For example, if you have a long-term goal to build up a continuing income stream, you may need to make some changes now. Or, you may have a short-term goal to have more flexibility in your schedule to attend to family needs or personal business.
Once you put some thought into your goals and the time you want to devote both today and tomorrow in achieving those goals, you can better decide how you want to approach the Elements franchise opportunity.