Thursday, July 30, 2009

The Fourth Step

The Fourth Step in making money is to find a way to work for yourself. This means you must start a business. However, this does not necessarily mean that you must start a traditional company. What it does mean, is that you must find a way to earn money on your own. This can be starting a company, but it can also be to invest in something like rental real estate. If you start a traditional company or buy rental real estate, you are earning money through a source other than your job. This is important because it sets you to work on your own, which comes with enormous benefits we will take advantage of in the following steps.

Obviously, this needs to be part time; you must utilize your free time. They say the only difference between a successful person and an unsuccessful one is what he or she does in his or her free time. Eventually, however, this side business will be so time consuming (and producing enough extra income to live on) that you must quit working for your employer.

If you are self-employed, this step is already completed. Move on to the next.

No comments:

Post a Comment