Wednesday, June 26, 2013

THE SELF-SUFFICIENT CULTURE

The Self-Sufficient Culture

The periods of the recent past has witnessed the emergence of critical changes in the global perspectives. The cases leading to the establishment of global financial crisis that adversely affected the operations of the global economies has resulted in the establishment of critical change in the mind sets. In this regard, various individuals have taken the initiative of adopting the onsets of development and investment with the aim of reducing the prevalence of economic disparities. Further developments in the global regime have resulted in the development of the internet that interconnects all the global economies (Welters, 2008). Ideally, the establishment of internet has been identified as the ideal investment opportunities for the leading population of the masses.

The development of internet and other technological advancement has expanded the market scope by creating a wider customer base for the organizations. Furthermore, internet has revolutionized the physical market by championing the introduction of the virtual market where various goods and services are available (Bell & Loane, 2010). Apart from the establishment of the revolutionary market place, the internet has also generated massive job opportunities for the individuals to work comfortable in their homes. These opportunities have been on the rise and the generation Y has generally preferred the set of work at home jobs than the mediocre jobs that are viewed and cumbersome and less rewarding (Welters, 2008). The invention of internet has radically changed the investment portfolio and has also necessitated the advents of increased development and certainly this has represented increasing investment opportunities for development.

The changes in the global perspective has radically transformed the prevailing the mindset that existed in the traditional perspective. According the past sentiments, the people within the age bracket were expected to find steady jobs and establish families as quickly as possible. Despite this belief and sentiment, the global regime has witnessed the emergence of critical economic, technological and changes in other perspectives (Bell & Loane, 2010). The rising attributes of change sin the economy has helped in the development of the quest to establish new investment opportunities with the aim of increasing the scope of development. Certainly, online opportunities have been adopted as the incentive and capacity for enacting critical development and challenges for development. Procrastination has been cited as the leading cause of reduced development opportunities and has also resulted in the reduction of the rate of investment opportunities.

The aspect of attaining self sufficiency in investments has been accorded critical significance because of the high amount of benefits associated with the attribute. Another important aspect that this population within the targeted bracket should consider is the attribute of taking advantage of the mobility (Anders, 1981). Taking advantage of the mobility will help in the illustration of various opportunities that are witnessed in the course of development and further results in the establishment of ideal judgment of various complex situations regarding the investments. Finally, it is important for the young people to make their money work for them and also for them to pay their debts in time. Accrual of debts is extremely detrimental because they deprive the investor of the future earnings. Even though the consideration of loans reveals that the loans are essential for development, they also harm the attributes of future earning because they deprive the investor of the future interests that would have otherwise been received.

The attribute of making prompt investment should be adopted as the ideal investment culture because it leads to the increase in the aspects of earning and further necessitates development of future earning. It is essential for the younger generation to secure critical attributes of future economic dependence as this has the impact of resulting in increased development incentive. Generally, there are benefits attributed to the development of earnings and these benefits generally result in the establishment of increased opportunities in the long run (Anders, 1981). In this regard, timing of the investments is an ideal indicator of future economic independence and further for the attiannace of self sufficiency.

The attributes of information derived from the economies have illustrated the rate of economic growth has continued to advance while the wage rates have continued to stagnate. In fact, the ideal depiction of the concept is base don the fact that the economic growth rate is given by 20% while the stagnation rate of the wage rates is given 10% (Adner, & Kapoor, 2010). This realization is ideal and sentimental ad further propels the age group within generation Y to overcome the attributes to mediocre jobs with stagnating wage rates and to adopt the online jobs with flexible wage rates. The establishment of flexible wage rates is one of the reasons that have ensured increase in the dominance of the online jobs.

There is higher concern for the establishment of self sufficiency due to the rising cases of disparities and atrocities associated with attributes of development. Investors must seek to understand the attributes of changing investment paradigm and the onsets of various factors in the economy. The realization of increased development opportunities has resulted from the realization of increased chances of development. The attainment of self sufficiency has been achieved from increased civic education to enable realization of increased development. Global labor statistics has noted that the global growth rates have risen by a margin of 80% while the wage rates have continued to stagnate (Adner, & Kapoor, 2010). Therefore, the benefits accrued form employment opportunities have reduced the significance of engaging in the employment opportunities and further necessitated the concern for the establishment of self sufficiency. Self sufficiency is achieved from enhanced corporation and actual engagement in investment factors.
Credit unions and online banks

The global market has witnessed the rise in the emergence of credit unions and online banks. Generally, the aspect of attaining self sufficiency is highly ideal and satisfying and this factor is influenced by the instances of availability of online banks and the credit unions. The growth in the number of the credit unions has helped in the increase of evaluation investment opportunities because these banks and unions avail the capital necessary for the establishment of investment opportunities (McDade & Spring, 2005). Credit unions are generally owned by members and they are democratically operated by the members. These services offered by the credit unions have continued to gain millage because they offer credit to the member sat extremely competitive rates and this is one of the reasons that has helped these originations to attain increased registration of membership.

The basis of the advents of the credit unions is factored by the rising needs and wants of the society. The establishment of the credit unions is to help in the sustenance of self sufficiency and the unions have strived to offer ideal loans to the members to help them acquire capital for their development. The aspect of attaining community development is essential. Community development is one of the leading attributes that further necessitates the realization of increased economic activities of the dependents and finally lead to the realization of increased self sufficiency. Generation Y has been identified as the activities generation in the economy with the motive to succeed in development and investment (McDade & Spring, 2005). To a larger extent, the credit unions have supported the investment motives by Generation Y and this has further assisted in their development and expansion. Apart from the growth of credit unions, online banks have also witnessed the critical rise in their performance and they have continued to serve the population better.
Studies have indicated that the internet is developing at a higher rate and various business opportunities are emerging. The attributes of internet investment have also advanced and this has resulted because majority of the population have realized the needs for the engagement in online banking. Specifically, the studies have reflected that a total of 95 million house holds have access to the internet at the home through the use of various internet enabled gadgets (Pagani, 2013). The recent past has witnessed the rise in the number of items that act as user interface for the internet. However, despite this higher number of households with internet enabled devices, only 72 million households utilize these activities.

The given number of people using online banks has been ascertained to conduct various activities like the purchase of various materials like commodities and software. The house holds also use online banks for the purpose of paying bills. Certainly, the internet has emerged as an economic hub where different economic activities have been initiated to increase the earnings and returns to investments. The consideration of the activities initiated by the online banks has resulted in the increase in the attributes of development (Welters, 2008). In the wake of the above illustration, the online banks have been adopted as the incentives for increasing self sufficiency. The online banks have played a major role in recuperating the investment culture amongst generation Y.

Further analysis about the segmentation of the population has stated the generation Y accounts for 40% of the entire population. This segment of the population has strongly engaged in the series of investment opportunities regarding the online banks and this has enhanced the establishment of self sufficiency because the generation have established a series of opportunities on the internet. Online banks are also environmentally friendly and they reduce the usage of pens and papers. The derivation of pen and paper is the environmental attributes and the continued usage of these attributes will result in the enhancement of environmental degradation thereby reducing the attributes of investments.

Online banks and credit unions are therefore essential for the establishment of self sufficiency because they encourage the attribute of self sufficiency and the investment culture amongst the dominant internet users. Various corporate organizations and investment firms have urged the younger generation to engage in investment opportunities on the internet because the internet has resulted in the development of critical opportunities that have immense returns (Anders, 1981). In this regard, online banks and credit unions have adopted the paradigm of increasing the onsets of development and has further resulted in the development of investment culture by promoting the work at home jobs as opposed to mediocre jobs with stagnating wage rates.
Online investment opportunities

The internet has become robust with the series of investment opportunities leading tot eh establishment of self sufficiency. Some of the examples of the opportunities for investment have been highlighted as penny stocks, large cap stocks, mutual funds and bonds. Ideally, the market is characterized by different attributes of investment and it is advisable for the participants to ensure that the ideal investment opportunity is chosen. The verification of critical investment opportunities in the internet and penny stocks have been largely adopted for the purpose of investments. Penny stocks are generally described as the common shares of small public companies that are traded at relatively lower prices (Anders, 1981). The survey in the market has shown that these stocks trade below $5 because they do not meet all the requirements of the market. The failure to meet the required policies has contributed in the classification of the penny stocks as risky investment opportunities that are not ideal for long term investment.

Another investment opportunity in the market is the shares of the large cap stocks that represent the shares of larger companies in the market. being the shares of larger companies in the market, they are generally valued above $10 and the are noted as the best investment opportunities for the investors in the market. Cap shares performance in the market largely depends on the prevailing stability and development in the economy. In addition to the above investment opportunities, other attributes of investment opportunities includes bonds and mutual funds. The mutual funds have gained wide coverage and usability because they represent the aspects of professional money management and diversification in the money market. The establishment of these investment opportunities is help in the development of the investment portfolio thereby leading to the advancement in the earnings of the business.
On the hand, bonds are the units of ownership that are issued by municipalities, government departments and corporations to raise funds for investments. The owners of the bonds accrue benefits though the increase in the interests paid on the face value of the bonds and this aspect enables bonds to provide regular income stream. Given the increase in the investment opportunities on the internet, ideal choice about the preferred investment opportunity should be derived from the attributes of the earnings from the venture (Hachtmann, 2008). In view of the above illustrations, the large caps have been identified as the most suited investment opportunities for the long term consideration and this is based on their stability and amount of income derived from the investment opportunities. Further information about investment has also identified bonds as the capacities for short term investments due to the capacities of risks and inflation attributes that reduce their value.
The invention and technological development leading to the establishment of the internet has immensely enhanced the attributes of development. The internet has resulted in the generation of massive investment opportunities and has also resulted in the consideration of developing various kinds of jobs for the generation Y. In various occasion, majority of the younger generation have confirmed that the internet has provided an ideal working experience that is better than the mediocre jobs. The traditional mediocre jobs have been replaced by the online jobs because of the flexibility and other advantages that are derived through the engagement in online jobs (Hachtmann, 2008). Work at home offices have now been established to help in the recognition of increased investment opportunities that have been realized due to both local and international development.

The recent past has witnessed the growth in the usage of internet and one of the common usages of the internet is the establishment of work at home offices. The internet has encouraged the investment culture that has resulted in the consideration of replacing the existing job market. Individuals undertaking work at home opportunities have largely benefited from the stream of opportunities that are available for them. In reality, working under the supervision of other organization supervisors can be detrimental and may result in the reduction in the motivation. The aspect of self sufficiency and investment is highly represented by the management and workers that operate their own organizations. Work at home opportunities have helped in the realization of self sufficiency coupled by the attributes of increased value orientation and increased investment opportunities. Some other emerging attributes of online investment includes the Amazon and other online stores.
Franchising

The aspect of franchising has adequately been adopted as one of the increasing investment opportunities. This practice involves using another firm’s successful model to increase the earnings of the business investment. Over the period, various organizations have engaged in the aspect of franchising and the returns have been immense as they involve the realization of critical amount of profits. The analysis of the investment opportunities has shown that the usage of franchising is essential for the establishment of the supply chains that necessitates distribution. The establishment of this factor has been adopted because it has the attribute of influencing the realization of investment and liability of the chains (McDade & Spring, 2005). The franchise also allows the usage of trademark to entice the customers and further confuse into believing that the firm has the same specification and ownership as the other franchise chains.

The realization of the self sufficiency culture has resulted in the development of various franchise opportunities even on the internet. The results of the analysis conducted on the internet have revealed that internet has become of the leading mediums of the conception of franchising because various business opportunities have emerged on the internet. The emergence of these new opportunities has created room for the aspect of franchising where similar websites with identical feature are prepared and adopted for operations (Pagani, 2013). The basis for the operation of online stores is the initiate development of the websites. This has become an essential practice because it accommodates the conduction of branding and remodeling of the website to reflect the interface of the franchising company. The basis for the development of franchisees is the motive to ensure satisfaction of the customers. The franchises serve the existing customers and further necessitate the establishment of new customers for the organization.
According to McDade & Spring (2005), online franchising has failed yield the expected benefits. Emerging investors and online entrepreneurs with the motive of attaining self sufficiency have been faced with disparities because of the failures of the online franchising in providing connection to various businesses and further through the provision of benefits that enhances the operation investments. According to the result of the studies conducted, 75% of the younger generation performs their duties in their work place for an average of 2 years before relocating to search for other opportunities. Given that this is a global phenomenon, the explanation to illustrate the circumstances leading to this behavior is lack of generational loyalty as advices by their parents. Evidence has proved that generation Y have been faced with the impacts of their childhood policies that insisted that they could achieve their goals and become successful. This factor has enabled majority of generation Y to quit their jobs and initiate the investment culture with the aim of attaining self sufficiency.
Becoming your own boss

It is always ideal that all the participants in the economy seek to become their own boss and this has necessitated the establishment and the development of the self sufficient and investment culture. The quest to be establishing various organizations has generally prompted significant number of people to become entrepreneurs and this number continues to rise in the global perspective. However, the aspect of becoming your own boss is extremely ideal and has been adopted as the essential motivating factor for the investment culture (Adner, & Kapoor, 2010). Over the period, critical analysis of the records has shown that every individual in with the age bracket of 20 to 29 has aspirations of being their own bosses. The incentive of becoming the boss is characterized by three distinct phases where the first phase denotes the preparation of these of ideal necessary for the development of the business or the non-profit organization.
The second phase for the preparation of the entrepreneurship business organization involves the conduction of consultation services form the professionals. The aspect of consulting from the professionals is essential because it increases the understanding of the factors involves and the proposed attributes for consideration during the conduction of business practice. Consultation is ideal because it helps in the establishment of knowledge, skills and confidence required for the conduction of the activity (Bell & Loane, 2010). Finally, the following stage involves the capacity of launching the business in the market and it is ideal to base the decisions made on the information from the market.
Self sufficiency and investment culture is extremely beneficial because it increases the attributes of development across the global perspective. Observation across the segments of the population has helped reveal that generation Y has fully adopted the aspect of self sufficiency by highlighting the available opportunities that enhances regional and personal developments. Interest has been adopted by this segment of the population as the ideal investment paradigm that offers a wide range of opportunities and self sufficiency attributes.
The introduction of various work home opportunities has been adopted by significant number of people in the economy because they offer ideal opportunities that are varied from the mediocre jobs where supervisors instruct the workers. The development of the global regime has reduced the capacity and the activities of the supervisors because the quest to develop entrepreneurial capacity has been adequately enhanced. On the same note, online jobs and other online investment opportunities have offered more rewards because of the business environment thereby increasing the rewards of the necessary business opportunities. In this regard, the final quest for self sufficiency has motivated the younger generation to identify the investments and the resulting investment culture has remained significant attribute of development of the entrepreneurial skills.





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