The Hidden Secrets Behind Wealth Building Models & Why Everyone Should Start There Own Home Business

2007-12-05T22:30:00.000-08:00

It's no secret that everyone wants to make more money, but people are generally split into two categories when it comes to acquiring wealth:

#1 - Those who bring results after they are promised wealth first.

#2 - Those who bring the results first, then are rewarded later on.

If this doesn't make sense to you right now it will in a minute so let’s explore the two groups in depth.

Those who only move their butts after being promised big fat paychecks have the employee or J.O.B. mentality.

There is no right or no wrong with this kind of thinking, but consider that you are trading your precious time for money. Instead of investing your time in an ASSET that generates money, you spend your time working on something that is short term, limited wealth, and does not give you income long after you have stopped working.

Consider also, that this kind of short term vision will only produce limited or temporary results at best. Ever seen a security guard asleep at work when the boss is not around?

Furthermore, the part where our emotions get the better of us is when we allow our lives to be run by chasing the dollar. It is evident whenever an employee is offered a higher salary, more medical benefits and longer vacations, that their heart starts pumping faster.

A higher salary doesn’t mean less financial problems. In fact, it’s the exact opposite because when your income goes up, your commitments, your tax bracket and your time spent in your company increases. The greater your salary, the weaker your position because if your boss is paying you a 5 figure income and calls for an emergency meeting, you had better rush over to the office even if you are busy doing something with your family!

I think the best definition of an employee/boss relationship can be summed up as this.

An employee will only do the bare minimum to keep the boss from firing them and a boss will only pay the bare minimum to keep an employee from leaving.

Now let’s explore the other group.

This is known as the "Entrepreneur" mentality and there are many creative people who fall into this category. It used to be that you had to be a huge risk taker and have cohona's of steel to make the jump into this category but with the invention of the Internet and the emerging home business industry there really is no excuse why someone can't at least make a part-time leap into the second group and start building long term wealth.

The first obstacle we need to overcome if we want to succeed in the second group is to keep our "Working for Money or J.O.B." mentality in check.

You must understand that everyone who has succeeded with their own home business started with next to nothing and weren't paid for their efforts in the very beginning. Thus, they brought in results first and were rewarded for their work down the road.

This seems to be the hardest thing for potential home business owners and entrepreneurs to adjust to and a huge reason why so many people fail when they don't see million dollar commission checks rolling through the door after just 2 to 3 months of starting a home based venture. In order to get past this mark you have to stop working for money!

Let me clear up that the term, ‘stop working for money’ does not mean working for free. Rather, it means work so as to gain the necessary skills you need to be a successful and lay the foundation for wealth that will pay you for years to come.

It is not that easy. Many lack the perseverance, the creative mindset, the financial capabilities and usually give up too early before any results can be seen! The fastest way to get those skills to succeed is to understand why you work hard at your home business in the beginning is because of the long term results you will see in the end.

Here is an example: When Donald Trump was selecting candidates in The Apprentice, their first task was to go to the streets and sell lemonade! Many would find it a degrading task. But to The Donald, it was very important: If you can’t even do something as simple as sell lemonade, how on earth can you handle a daunting task like running the Trump Empire?

Again, let me emphasize:

Would you trade time for short term money? (Money stops coming in when you stop)

Trade time and money for a long term asset that generates you income? (Even long after you have stopped)

It is all up to you. You may or may not see the results in the short term, but by using our brains and the resources around us, we can create true value that others are willing to pay for what we have to offer.

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2007-12-05T22:26:00.000-08:00

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2007-12-05T15:59:00.000-08:00

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Top Rated Home Business Blog

The Hidden Secrets Behind Wealth Building Models & Why Everyone Should Start There Own Home Business

New Squidoo Lens On Acquiring Wealth

Top-Rated-Home-Business.net Now Up... Check It Out!