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Creating Wealth? Or a JOB?

Open Mind Creative WealthSkiing, moto-cross and being active brings me clarity. When I'm having fun, investing in myself and my own well-being, some of my best ideas pour out. Yesterday, as I was enjoying my run in the fresh powder, I was thinking about you - entrepreneurs - brimming with passion, willing to work hard and doing everything you can to make and keep your commitments and generate wealth. Then I thought, wait... how many entrepreneurs are out there, burning the candle at both ends, creating JOBS for themselves instead of wealth? Are you? I hope not!

What's the difference?

Wealth

  • Income that comes easily and freely, with or without your personal involvement
  • Money that works for you instead of sitting stagnant in some bank account
  • Investments that create ongoing, easy, cash flow
  • Working the tax system and making yourself an entity so you can capitalize on every opportunity to deduct
  • Has a team that does the work: spends time providing ideas, inspiration, motivation and infusing Yes! Energy throughout the organization

JOB

  • Income that only comes when you press hard for it, consumption of your valuable time for less overall return
  • Money that sits around waiting to be spent
  • Limited investments or investments that put your money in "wait and see" mode
  • 1040-EZ, no money management team and missed tax break opportunities
  • Does EVERYTHING. No team or a limited team that isn't utilized to their fullest - has to oversee EVERYTHING. (Another big waste of time...)

So what do you want in life? Wealth?  Or a Job? Some entrepreneurs have a habit of creating a job for themselves without knowing it. Are you? If you are making a job for yourself STOP. Seriously, now, do it... it's good for you.  You deserve wealth. You do!

 

 

 

Avatar of Loral Langemeier About Loral Langemeier

– Loral Langemeier, CEO/Founder of Live Out Loud, international speaker, money expert and best-selling author of the Millionaire Maker 3 book series and Put More Cash In Your Pocket.www.liveoutloud.com

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