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Why You Must Be Self-Employed To Get Rich by John Muritu
Posted By Pat On 8. October 2007 @ 14:56 In Home Businesses | No Comments
Everyone says they want to make a lot of money. If you ask a hundred people on the street, “Do you want to get rich?” - they’ll all say, “sure!” And as you know, there are many different ways to get rich and there are many experts out there who claim they can help you get rich. I go to the bookstores quite a bit and see all the books on financial independence.
Most of those books are very disappointing to me because the authors idea of building wealth is all about trying to live frugally, saving your money, and investing it wisely. Some of this is great advice, but it’s NOT what you’re about to read in this article! You see, I don’t believe in “cost cutting your way to prosperity”. Living frugally and saving your money has little appeal to me… and that’s not how I made millions of dollars… nor did any of my friends!
The way we became super rich is to go into a lucrative business for ourselves and then to focus all of our time and energy on making as much money as we can. That’s what this article is all about. Saving money and living frugally has its place… After all, let’s say you save a dollar a day, put it in a shoebox and take it to the bank every month. Then every few months you take that money and put it into some kind of mutual fund that gains an average of ten percent interest…”How much money would you have?” The answer may shock you! You see, within thirty years, you’ll have over sixty seven thousand dollars!
This is the most non-risk way to make money. After all, the stock market has averaged about ten percent a year for the last 50 years. So in this example, you leave your dollar a day in some fairly conservative mutual fund for thirty years and you will have almost seventy thousand dollars! All the books on how to become financially independent by saving money and living frugally hold no real appeal to me.
The only way that I know how to teach you how to get rich is the same way that I have gotten rich, and that is through business. THIS IS THE EXCITING WAY TO GET RICH! Just focus on becoming self-employed and try to make as much money as you can in the fastest period of time. That’s it! When the smoke clears, you will have made millions of dollars! Do this for enough years and you’ll wake up one morning and realize that you are a multimillionaire!
I run into many people who want to make millions of dollars…but they are afraid of being self-employed. To them, there is really no other way for them to do it. You see, although there are corporate jobs that pay huge amounts of money (there are people who have became multi-millionaires because of all the stock options they received) as many 5 of these stocks they received with their job were basically worthless at the time but the companies gave it to them. These stocks were an added benefit they received as part of their pay… Then when the company went public, these people woke up one morning and were suddenly multi-millionaires!
Make no mistake, living frugally and saving money for many decades can definitely make you a millionaire… But if you want to make the most money in the shortest period of time, you must commit yourself to becoming self-employed!
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