Why should I start a business if I want to be rich? | MASTER INVESTOR | FINANCIAL EDUCATION

Why should I start a business if I want to be rich?

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If we want to be rich, it’s imperative that we move from being an employee or self-employed to the right side of the cash flow circle or quadrant as a business owner and inside investor. Why should I start a business if I want to be rich?

Simply put, until we can make money without working, we will never scale. There are only so many hours you can work in a day. And working too many hours is a quick trip to the grave at worst, or a miserable existence at best.

There is a difference in the quality of money made on the left and right side of the cashflow quadrants as well. Money made as an employee or self-employed is referred to as earned income. It is, unfortunately, the highest taxed income. Money made as a business owner or an investor is referred to as passive income. It is the lowest taxed income.

Finally, while a person can make good money as an employee or self-employed person, the employees are never truly rich.

If we want to be wealthy and rich, we have to move to the right side of the cashflow circle or quadrant. Do this simple exercise. Grab a piece of paper and put a line down the middle from top to bottom. List your income on the left side and your expenses on the right. Now cover your income column. If we didn’t work, how would we pay for our expenses? For most people, this causes an uptick in heart rate!

Business owners and investors don’t have this problem. They create assets that give them cash flow (passive income) month in and month out. When they do it to the point where it covers their expenses, they never have to work a day in their life again. That is truly rich.

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As we say here, “Money is just an idea.”

An asset puts money in your pocket. A liability takes money out of your pocket.

The simple definition of a fake asset is one that promises to make us richer but in actuality robs us blind. We need three things:

1- Capture Page (https://www.masterinvestor.education/pages/affiliate)
2- Email Auto Responder (https://www.masterinvestor.education/pages/affiliate)
3- Hot leads (https://www.masterinvestor.education/pages/affiliate)

Then, we need to offer something of value in exchange for their email and name. Then, after we obtained the visitors of our capture page's information and email address. Then, we can deliver the free gift and also give them the product/solution of their problem.

Where to get products to sell that are already made for us? We do not need to create the products or sales pages, we can have use leverage by using other people's products that are already made for us. All we need to find the products we are passionate about marketing and bring new clients to the sales pages of those products.

Where can find these products that are already made?

Go to our website and find out where are the platforms to choose from hundreds of already made products that are paying high commissions and passive income for you to bring new clients to them - you will find products in any type of niche you can think about: Here: (https://www.masterinvestor.education/pages/affiliate)

Read entire blog here: https://www.masterinvestor.education/pages/blog?p=why-should-i-start-a-business-if-i-want-to-be-rich

Reasons to start a business

Our company loves to speaking about starting and building businesses. It’s encouraging to see that the spirit of entrepreneurism is growing among people today. But we don’t believe that starting a business is just for the young.

I believe that we are never too old and we are never too young to build a business. It’s true that Bill Gates was very young when he started Microsoft, but Colonel Sanders was 66 when he started Kentucky Fried Chicken!

Regardless of whether we are old or young, however, it’s important to understand why we should build a business. There are three reasons for building a business rather than simply creating an asset.

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