This article is about building a business, a financial empire. If you are looking into building a business, it is already assumed that: you have adequate emergency savings, you have adequate precautions against catastrophes such as insurance, you are saving on a regular basis, and you are self-employed or have some part-time job where you work on your own.
If you find yourself in the position described above, then you are perhaps ready to build your financial empire. Remember, you must be working on your own, whether part or full-time. While it is technically correct that you are a business owner, you should not consider yourself one; you are a job owner. If you owned a business, it would work for you; you would not be working it.
Being a job owner, however, is not a bad thing at all, but a great thing. In fact, you need to be one in order to start building a business; you cannot build a financial empire through an employer you work for.
Job-building and business-building require different mindsets. Someone who builds jobs might think, "I will do as much work as I can, because the less I spend on labor, the more money I will make. I will only hire what I lack the skills to do or lack the time to do."
The business owner, however, would be thinking, "I will do as little work as I can, because I want to hire out everything. I will need to do work at first to get the job done, but I will continually hire out the work as the business earns money. I will even use my personal money as much as I can. I will not make any money, but that is okay, because I will make a lot of money someday; and, during that someday, I will not be working."
So, try not to think about how much money you could be making if you did more of the work yourself. You should be excited to spend the earnings from the business and as much of your own personal money as possible on the business! If the business was providing you with a lot of money, it would be alarming, because it should be spent on hiring people to do the work.
As you can see, the two mindsets are very opposite of each other. One seeks work, and one gets rid of work. But, they both earn money. Which would you rather be, a money-earner who works or a money-earner who does not?
If you find yourself in the position described above, then you are perhaps ready to build your financial empire. Remember, you must be working on your own, whether part or full-time. While it is technically correct that you are a business owner, you should not consider yourself one; you are a job owner. If you owned a business, it would work for you; you would not be working it.
Being a job owner, however, is not a bad thing at all, but a great thing. In fact, you need to be one in order to start building a business; you cannot build a financial empire through an employer you work for.
Job-building and business-building require different mindsets. Someone who builds jobs might think, "I will do as much work as I can, because the less I spend on labor, the more money I will make. I will only hire what I lack the skills to do or lack the time to do."
The business owner, however, would be thinking, "I will do as little work as I can, because I want to hire out everything. I will need to do work at first to get the job done, but I will continually hire out the work as the business earns money. I will even use my personal money as much as I can. I will not make any money, but that is okay, because I will make a lot of money someday; and, during that someday, I will not be working."
So, try not to think about how much money you could be making if you did more of the work yourself. You should be excited to spend the earnings from the business and as much of your own personal money as possible on the business! If the business was providing you with a lot of money, it would be alarming, because it should be spent on hiring people to do the work.
As you can see, the two mindsets are very opposite of each other. One seeks work, and one gets rid of work. But, they both earn money. Which would you rather be, a money-earner who works or a money-earner who does not?
About the Author:
Cody Scholberg, a recognized expert on business building, writes for Rapidly Make Money, your guide to info that will get you wealthy. Check out these books about getting rich.
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