2019 True Passive income
Revealed! What Most Business Owners Are Doing Wrong That Practically Guarantees Their Business Is a Self-Created J.O.B.
Discover How To Create Wealth In Any Business You Choose…Using T. Harv Eker’s Time-Proven Wealth Secrets
Owning a business is a tried-and-true method for creating wealth. In fact, it’s how 90% of self-made millionaires earn their fortunes.
But conventional wisdom says that it takes 3 years (and sometimes more) to generate a profit in a new business – even longer to get wealthy (if you ever do).
That’s crazy! Why should you work that hard for that long … take that much risk … and then LOSE money in the process? It’s the opposite of creating wealth.
As our founder T. Harv Eker says…
What Most Business Owners Are
If you want to make a lot of money at something, you need to learn how to do it well.
Think of any profession. The people who perform the best are the ones earning the most, right?
Yet when it comes to the business world …very few entrepreneurs know how to do business in a way that creates wealth.
If you’re like most people who start a business, you’re probably good at delivering a service or creating a product.
But being good at delivering something isn’t nearly enough if you don’t know how to “do” the business itself – if you can’t execute the basics of building wealth through business.
Imagine playing basketball without knowing the fundamentals of dribbling, passing and shooting. You wouldn’t be able to get rich playing the sport…would you?
A Warning If You Already Own a Business
Now if you’re thinking, “But I own a business. I obviously understand what to do” … let’s get something straight.
If your business is nothing more than a job that you’ve created for yourself … you’re almost as far away from creating wealth as the person still working in corporate America.
Bottom line, your business is failing you as a wealth creation vehicle if:
You’re struggling to maintain a consistent cash flow
You’re working 12, 14, or 16 hour days … yet not seeing a corresponding surge in revenue
You worry about how you’re going to pay your bills – including covering payroll
You’re irreplaceable to the business – it can’t function without you present
You don’t have a clear-cut exit plan that rewards you handsomely for your risk
You aren’t consistently and predictably generating big profits
You aren’t earning a high income that’s greater than what your counterparts earn in the corporate world
You aren’t able to set aside at least 10% of your income for your Financial Freedom Account
Robert Kiosayki, author of “Rich Dad, Poor Dad,” says if you’re in business and not earning at least $250,000 a year … there’s something you don’t know.