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Fire Your Boss Now!

Honey I Fired The Boss!




A True Business Entrepreneur Vs. An Ordinary Employee


Article by

Dinar P. Wiria-Tmadja

http://www.financialfreedomawaits.com

To many people are trying to start their home businesses with an ordinary employee's way of thinking. This has become a common reason why not long after sitting down and giving it a fair look into even the most lucrative business opportunity they bump into, they put it away and decide not to take any chances.

What has happened here is that the most lucrative business opportunity has been looked into by an ordinary 9-to-5-worker, who appears NOT to be business-minded.

If you are like most people, you have probably considered starting your own business yourself. But above all, you have to understand that to make into a successful Business Entrepreneur, one has to change their way of thinking first.

1. If you expect fast cash, you think like a 9-to-5-worker
Working as an employee is the only way to get 'fast' cash... 'fast' as in 'in-25-working-days'. This kind of cash is always certain to come in as long as you work from 9 to 5 for your boss. But as you probably already know it, as soon as you stop, the money stops. (See http://www.financialfreedomawaits.com).

True business-minded people know that it takes time to develop an 'attack plan' for their businesses. It takes time to build a strong and solid business, which delivers ongoing income through many years.

True Business Entrepreneurs hold on to this truth, "We reap what we sow, but the harvest is never in the same season as the planting."

Change your way of thinking: DO NOT EXPECT FAST CASH!

2. Do you prefer job-security or financial-security?
Employees would rather have job-security. Why? Simple: the income is secure. As long as you loyally work from 9 to 5, you will for certain get your cash! The problem with a typical job is that when you stop, the money stops.

The stark fact is: some day you might get sick and won't be able to go back to work. Sooner or later you will retire. Companies get broke and have to release their employees. No matter what the situation, as soon as you stop working, the money will stop coming.

So much for secure income...!

A true Business Entrepreneur prefers to have financial-security. No, he won't have fast cash. And no, he won't have any secure income yet - at least not in the beginning. And often, he won't have any income at all from his new business for the first few months.

Business-minded people think of the big picture. What they do is building assets from which his money will come in month after month, year after year from work he is doing now! The money will not come now. It might not even come for the next few months. But as soon as his business is up and running, it will keep generating income for him, even when he chooses to stop working!
And that is financial security!

Change your way of thinking:


Think Of The Big Picture: Aim For Financial Security!


3. Generate residual and leveraged income
The rich of the world have known for decades that if you want financial security, you must tap into (1) Residual Income, and (2) Leveraged Income.

(1) Residual Income is income that keeps coming in month after month, year after year, from work you do just ONCE! It's like a royalty. An example would be writing a book or recording a song and getting paid forever on it. The problem is only 1% of the people in the world have actually the talent and chance to become a writer or a musician and get paid this way. The rest of us would have to stay with our typical paycheck.

(2) Leveraged Income is earning money through other people's efforts. There are only 24 hours in a day. Hence, there's only so much you can earn through your own efforts. To create leveraged income, you need to have your own business where other people work to generate income for you. Any business, whether it is a traditional business, franchise, small business, internet based or home based.

Employees work to generate secure income. Business Entrepreneurs work to build assets with income streams which generate for him ongoing passive income. In other words Business Entrepreneurs work to build himself -what I would call - a 'money-machine' which is designed to generate ongoing income.

Whereas the Employee can not stop working because otherwise he will lose his income, the Business Entrepreneur will have money coming in constantly, even when he chooses not to work, simply because it is his assets that generate residual and leverage income for him.

Change your way of thinking: Tap Into Passive Income By Generating Residual & Leveraged Income!

4. Investments
It is common for people who seek job security to hesitate to invest. The reason is understandable: for some of us the risks of investing in a business are just too much to handle.

A true Business Entrepreneur understands that in order to build a 'money-machine', investments are necessary. There is just no such thing as businesses without investments. He knows that it takes time and effort to develop a successful business. But he also knows that investing money is just as important!

Sometimes it takes the Business Entrepreneur a year or two before he can finally reap the big success. Sometimes even a bit more. It takes a couple of years of investing time, effort and money. But this is not too hard for him to handle. A true Entrepreneur thinks long term. He knows that in the end, his work and money investment will finally pay off!

A Home Based Business Entrepreneur would only have to invest just 5-10 hours a week for a couple of years and he would only have to make low budget investments into his home business. And at the end of the time of working and investing, our Entrepreneur would have turned it into a $3000 - $10,000 residual monthly income stream!

I'm talking about money that keeps coming in month after month, year after year... money that keeps coming in whether you work ten hours a day or two. A commission check waiting for you in your mailbox when you return from yet another vacation... money that when you've left this planet continues to provide for your spouse, children, or grandchildren.  (Read: Overnight Successes, Years in the Making, http://www.financialfreedomawaits.com/articles_overnight_success.htm)

By then you would think that all your valuable time and money you have spent would be worth it.

Commonly an ordinary employee, who fears too much to invest, works hard to receive his pay check every month. Most likely he even retires broke. The United States Social Security Board reports that 85 out of 100 Americans reaching age 65 don't possess as much as $250. And only 2% are self-sustaining (the rest dependent on family, church or government).  Before he knows it, he leaves the planet with nothing to leave for his family.

A true Business Entrepreneur is prepared to invest. He knows by investing in his business he is building assets that would generate passive and residual income for him throughout his years on this planet and the years of his grandchildren.

Change your way of thinking: Think Long Term: Start Investing!

More information can be found here at http://www.FinancialFreedomAwaits.com


Dinar P. Wiria-Atmadja is the owner of
http://www.financialfreedomawaits.com