Everybody wants to make money. Everybody wants to make a good living. What does one need to do in order to grab that goal? Could it come from a fulfilling career or could it come from starting your own business?
There are apparently lots of ways to accomplish financial security and career fulfillment or even a business without becoming a lawyer, physician or some high paid profession. According to Entrepreneur, the median salary of the high paying jobs in the United States amounted to $138,000.
So, how does the average Joe make lots of money? By doing it your way. According to the book titled "The Millionaire Next Door," two-thirds of America's millionaires are self-employed or are small business owners. Half of them call themselves entrepreneurs. In the whole group, only 20% are professionals with careers as doctors, attorneys, etc. And the rest? A whopping 62% either did not graduate college or only have a bachelor's degree. The secret to their success? Hard work. It sounds cliche but these millionaires work their own hours - but long hours. They often work 45 to 55 hours a week. They live below their means and are focused on their goals.
From these millionaires, they have become financially secure by doing these:
1. Take individual studies with as much salt as you like. Cast a wide net. The process is to acquire knowledge and test what works best.
2. Starting a small business can be a great way to financial success but it is not the only way. You can climb the corporate ladder, join the exploding tech industry or become a professional.
3. Lastly, there's no shortcut to financial security. It takes hard work, perseverance and fiscal responsibility. And that's the best argument I know for doing what you love for a living. If you don't, you are going to have a hard time.
