Escape the Rat Race in Three Easy Steps:

Step 1     Step 2     Step 3

Tuesday 12 January 2010

Escape the Rat Race by Owning Businesses

Check out the video in my previous post. It might drag on a bit but the lesson is important. As yourself now, are you carrying buckets of water or are you building a pipeline? Are you going out to work for money or are you building a money making system?

As you might have guessed, to get out the rat race you need to be building systems that bring money into your bank account. And the best money making systems in the world are… drum roll… businesses… Oh you probably knew that already. Look at the richest people in the world. They all are either incredible sportspeople or own businesses. Warren Buffet, the best investor that has ever lived owns many businesses. Businesses are the foundation of our civilisation. If you have a job the chances are you work for a business. But, when you work for a business you are working to make the owners of that business rich. Wouldn’t it be better to own a business and have other people work to make you rich? Of bloody course it would!!!

However, there are significant issues in starting your own business. First of all you need to come up with a business idea. Then you need to check out the competition and make sure that you can compete. Then you need to think about start up costs. And premises. And staff. Etc. Etc.

Despite all these hurdles that can get in the way, starting a business is the best chance of escaping the rat race, and you might be surprised at how easy it can be to start your own business.

Stay tuned for my next post on starting a part time business!

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