Think like a Entrepreneur
Robert Kiyosaki, the best selling author of several financial books says "The real reason why most people struggle financially is that they learn to work hard for money but never learn the three things that are essential to earning the income and having the freedom that they desire:"
1. How to use leverage
2. How to create residual/passive income
3. How to make money and make money work for them.
Most people exchange their time and effort for an income. If your time and effort is required to get paid, you get paid by the number of hours you can work.
You can work more to earn more but, you end up with less free time. Or you can work fewer hours and have more free time but earn less. Everyone that works for someone else (Clerk, Doctors, Teachers) have one thing in common: they are slave to the clock. They stop working, and their income stops too.
All successful people have one thing in common: LEVERAGE. Leverage is the power to earn more and more while working less and less, either by having people or money working for you. If you have 50 employees and they all work 8 hours and make $1,000 each, that's $400,000. You can therefore make money even in your sleep or on vacations. The goal is to work hard and take your business to such level.
Alot of people always ask "How can I do this"? Well, that's the work of a true entrepreneur. While others are asking "How", entrepreneurs figure out "How". If you want to be a true entrepreneur, stop asking "How" and start figuring it out.
Any questions?? Let me know in comment box.
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