1. If you don’t know whether you cannot fully commit to your new business
2. If you don’t have 4Ds: desire, drive, determination, discipline and determination
3. If you don’t have knowledge
4. If you don’t get business support

I’ve quit my job. So should I find another job or should I venture into business. If business, what kind of business. To me once you quit or ask to leave, you should consider build your own empire, your own business. Have you ever learned lessons from your experience being asked to leave the company or you are the one would like to leave the company. The employer say “Thank you” to you and then bye-bye. All your effort building the company, where are they gone. It become other people assets, systems etc. You didn’t own it. But if you build the system for your own company, it become your assets, your systems.

Next is, if business – what kind of business. As many people aware there are categories of businesses as follows:

1. Conventional/traditional
2. Franchise
3. Multi-Level
4. Agency
5. Internet

Which one suits you? There is no right or wrong answer. It depends on each individual. I’ll pen down the pros and cons of the 5 categories of business on my next post.

What are Unit Trusts?

Unit Trusts are a form of collective investment that allows investors with similar investment objectives to pool their funds to be invested in a portfolio of securities or other assets.

The manager of the fund then invests the pooled money in a portfolio which may include the asset classes such as Cash, Bonds & Deposits, Shares, Property and Commodities.

Benefits Of Unit Trust

It is tough for an individual to maintain his own portfolio of investments, he needs to keep up to date with market information and sentiment.

By investing in unit trusts most of the necessary ‘know-how’ of investing are transferred to those best equipped to handle it i.e. the professional fund managers.

The advantages and benefits of investing in unit trusts are:

Diversification

A larger pool of funds allows the fund manager managing the unit trust to purchase a wider range of investments. Rather than concentrating an investment portfolio into one or two investments or shares, a portfolio of market securities can be held. The wider the spread of investments, the less volatile (i.e. variable) the investment returns will be. In simple terms, investment into unit trusts means diversification of risk: “not putting all your eggs in one basket.”

Liquidity

Most investors require that their investment be liquid. That is, they can easily buy and sell within a short period of time. Unit trusts provide this benefit, being bought and sold easily. An excellent return that cannot be “cashed-in” (i.e. sold) does not necessarily mean a good investment as poor liquidity constitutes an additional risk factor for the investor.

Professional Fund Management

The people making investment decisions for unit trust holders are professionals. Their training and background ensures that decision making is structured and according to basic investment principles. In the process, unit trust funds enjoy the depth of knowledge and experience that fund manager bring. In the long term, it is this expertise that should generate above average investment returns for unit trust investors.

Affordable and Investment Exposure

For the individual investor, it is sometimes difficult to gain exposure to a particular asset class. For instance, if an investor with USD3,000 wanted to gain exposure to the property market, global equity markets and bond market, it would be impossible to simultaneously hold a direct investment portfolio in all of these markets. With unit trust investments, it is possible to spread your money around to all of these asset classes at the same time, so that the investor can gain the investment exposure he requires.

Wholesale Investment Costs & Access to Investments

When making small investments, the investor faces costs and charges that are much higher. Unit trust funds are investing with large amounts, so that the economics of the transaction are more favorable i.e. the fees and charges/brokerage etc. per investment ringgit are likely to be less.

Also, because fund managers invest in larger amounts, they are able to get access to wholesale yields and products which are impossible for the individual investor to obtain.

Funds for All Type of People

There are many different types of funds that will suit to any level of risk to cater different type of people.

Safe and Secure

Unit Trusts only make investment and do not give out loans thus, the situation where liabilities more than assets will never arise.

More free time

Yes, we have to monitor our investment performance but since the fluctuation of the unit trust fund is not as frequent as stock market and that we have our Professional Fund Manager to look after the investment, we may keep track the fund on a weekly basis. More free time for us.

Attractive Returns

Unit Trust has proven that it is an excellence hedge against inflation. Unit Trust in some countries has shown a return of between 10% to 15%.

11:00am to 12:30pm tomorrow 24 May 2008 (Sat) at Cheras office 3rd floor, we will have our Seminar Unit Trust or BOP. This weekly event objective is to let everyone knows the opportunity for them to be FREED financially as well as their time(ly) if they become one of the unit trust agents.

2pm to 5pm tomorrow 24 May 2008 (Sat), a special class on Time Value of Money calculation using Financial Calculator by Jas will be conducted. Bring along your Financial Calculator.

Tomorrow 17-May-08 Saturday, 3pm to 430pm at level 3 Public Mutual Cheras branch, we are going to have a business opportunity for potential unit trust agents in Malaysia. You, your family and friends are cordially invited to see the huge opportunity that you have overlook. Knowledge is Power only with Action. Take action now. Call or sms Azah 013-3970588 or register at www.myunittrust.com/seminar

Where is the location? Click www.myunittrust.com/map

Why I should go?

1. you have what it takes to succeed in the business
2. you don’t like 9-to-5 job that force you to work like a donkey but earn like a monkey
3. you want to escape the corporate rat race where normally they practice rat-eat-rat mentality to succeed
4. you want to choose the people you work with
5. you want to start business with minimal investment
6. you want to travel overseas every year
7. you want to work from home
8. you want to reap the rewards of numerous tax advantage
9. you want to enjoy the opportunity for unlimited income
10. you want to have the chance to build your success while empowering others to succeed
11. you want to escape the massive traffic jam during peak hours
12. you want to take leave and you don’t want your boss says you can’t
13. you want to build empire
14. you want to send and take your kid to and from school
15. you want to start work at 10am so that you can manage/kemas your house in the morning
16. you want to say to your boss… enough … I FIRE YOU!!!
17. you have lots of friends and want to help them
18. you want to create jobs for newly-graduates to help the government and the people
19. you are underpaid
20. your skills and knowledge are under-utilised
21. your ideas always been rejected
22. …
23. etc…etc…

What do I get?

1. Opportunity to grow faster
2. Team support
3. Branded Business with minimal cost
4. Learn from others
5. Knowledge
6. Friends
7. etc …

So what’s next …

You come and we will tell you InsyaAllah.

Even though I’ve written an article about how to be a unit trust consultant in the “Be an Agent” section of this blog, I still receive many questions on the related issues as shown below:

1. How to be a Public Mutual Agent or Consultant
2. How to be a Unit Trust Consultant
3. How to be a CIMB Wealth Advisor Consultant
4. How to be an Agent of Public Mutual
5. Bagaimana menjadi Agen Unit Amanah yang berjaya
6. Bagaimana menjadi Konsultan/Perunding Unit Amanah yang berjaya
7. Bagaimana menjadi Konsultan Unit Amanah Public Mutual yang berjaya

So if you have the same questions like the above, I am glad if you could click the following link “How to be a Unit Trust Consultant“

From 10am to 7pm, 7-11 May 2008, we will be at MIHAS 2008 booth C107 & C108 Hall C. More than 600 booth open. Special talk session on retirement plan & education plan will be conducted at Hall A this Saturday 10 May 08 from 11am to 12pm. Visit us there at MIHAS exhibition near MATRADE building Jalan Duta. The consultants (with their hp no) involve are:

1. Nazri 019-2121210
2. Shahran 017-351 9501
3. Anugerah 019-386 4197
4. Zaidy 019-999 6889
5. Hazlan 019-602 9736
6. Ajumain 019-393 5464
7. Malinda 013-332 1926
8. Intan 016-662 1776
9. Norhazah 013-397 0588