Building Wealth Skills
Making Money
Building wealth requires a means to generate income. Making
money is
the entrepreneurial side of generating income.
Are you an entrepreneur? One way to find out is to take a
personality
quiz.
Everyone needs to have the business skills necessary to create
several streams of income.
Families used to be able to survive on one income in the 50's
and 60's.
Then, in the 70's and 80's it became necessary for there to
be 2 income earners per family.
In the 90's, with the stability of
those 2 incomes in question, with corporate downsizing,
re-engineering, or whatever you want to call it, you need to take
matters into you own hands.
You must learn the skills of operating your
own business.....even if you're working for a solid corporation and plan
on retiring there. The world is just too insecure to make long term
plans with one company.
When starting
your own home
based business, remember these rules:
Rule # 1. Do what you love and
the money will follow.
Get into a business that is in alignment
with your purpose and values. Here are the purpose questions:
What are you good at? What do you like to
do? What is important to you? What is your destiny?
Answer these questions before you begin.
Rule # 2. Decide on your ideal lifestyle, then
choose a business.
Rule # 3. Become the best in your field.
Rule # 4. Ride a trend that is on the wax not
on the wane
Rule # 5. Be a copy cat. Don't be the first
in. Don't start a trend. Copy others....legally, of course.
Rule # 6. Be slow to
hire and fast to fire.
Rule # 7. Constantly economize.
Rule # 8. Avoid overhead like the HIV virus.
Rich people don't buy fancy office equipment to impress.
The Seven Secrets
of Building Wealth
Building
Wealth Skill #1. Value Your Money
Building
Wealth Skill #2. Control Your Money
Building
Wealth Skill #3. Save Your Money
Building
Wealth Skill #4. Invest Your Money
Building Wealth Skill #5. Making Money
Building
Wealth Skill #6. Shield Your Money
Building
Wealth Skill #7. Share Your Money
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