THE IDEAL BUSINESS

1. The Ideal Business sells to the world rather than a single
neighborhood or even a single city or single state. In other
words, it has an unlimited global market.

2. The Ideal Business offers a product, which enjoys an
Inelastic demand. (Inelastic refers to a product that people
need or desire almost at any price.)

3. The Ideal Business markets a product that cannot be easily
copied. This means that the product is an original or, at
least, it is something that can be copyrighted or patented.

4. The Ideal Business has minimal labor requirements. The
fewer personnel, the better.

5. The Ideal Business operates on a low overhead. It does not
need an expensive location. It does not need large amounts of
electricity, or advertising, or legal advice, or high-priced
employees, or a large inventory.

6. The Ideal Business does not require big cash outlays or
major investments in equipment or product. In other words, it
does not tie up your capital.

7. The Ideal Business enjoys cash billing. In other words, it
does not tie up your capital with lengthy or complex credit
terms.

8. The Ideal Business is relatively free of all kinds of
government regulations or strictures.

9. The Ideal Business is portable or easily moveable. This
means you can take your business and yourself anywhere you want
to.

10. The Ideal Business satisfies your intellectual needs.
There is nothing like being fascinated with what you do.

11. The Ideal Business leaves you with free time. In other
words, it doesn't require your labor and attention 12, 16, or
18 hours a day.

12. The Ideal Business is one in which your income is not
limited by your personal output. In the Ideal-Business, you can
sell to 10,000 customers as easily as you can one.

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