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Old 01-08-2013
yotano211 yotano211 is offline
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Quote:
Originally Posted by Roscoe View Post
It's not a stupid comment. One of the primary reasons people flock to the Internet is to work less hours, make good money, and have a better lifestyle.

Most people dont have the stomach to start anything online, they dream and dream and nothing comes out. They just complain and move on with their lives. I have worked with tons of these types.

Of course some work longer, harder hours. Isn't that true in any business?

I didn't ask how much money you make, I simply stated "I hope your making good money for all the hours you put in."
You posted "making good money" on your post, so it counts as asking how much you make in my eyes.

The problem with jobs is that you need to actually put in hours to make money. You're exchanging your Time for Money. That's not good. That's what Employees do.

A real business makes you money regardless of whether you put in zero hours or 80 hours per week. A lot of people "think" they own a business, yet in reality, they may only have a High Paying JOB."

If you became sick, disabled, etc... in most cases your income stops. I own businesses that provide me income whether I work 0 or 80 hours per week.

I prefer to own a business that brings in Passive Income, not a so-called business that requires my 100% attention every day.

That's why people need to outsource as much work as possible.

I am a business consultant, I can't tell you how many times I hear business owners tell me they own a business. When in fact they don't. The minute they get sick, disable, sidetracked, etc... their business goes to hell.

If you're exchanging Time for Money then you don't own a business. Bill Gates owns a business, a Dentist does not in most cases. A Dentist only makes money when a patient is sitting in his chair.

An associate of mine used to debate me on this, he was a dentist. He kept telling me how great his business was doing. One day while cooking, he slit his hand with a knife. His dental career was OVER.

He was only 30 something and had to start all over again. Fortunately he had a Disability policy and agreed to a one-time lump settlement. He invested that money into a real business that does NOT require his input to make money.

That is how a real business operates.
I am making more money than my old real job, my reason for quitting. My stress level went from sky high to "downunder", but my stomach went from flat to more rounder. hahaha

When I tell people that I "have" a business, I really tell them "have". I dont "own" nothing but a 2010 Prius sitting in my parking lot fully paid (I'm proud).

I am working on my major business plan to someday just hand over my properties to a management company and have them manage apartments that I buy. But I first need to pay off lots of student loans that was able to let me work and travel with some very good Wall Street banks.

I still miss the time and people that I have worked over the years but I moved on to better things and happier things.
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