Two Completely Different Business Mentalities

By Cody Scholberg

If you want to get rich by building a financial empire, you should already be in a certain position. You should already have plenty of insurance to protect you against any unforeseen, catastrophic events. You should be saving money on a regular basis, and you should have enough money to cover yourself in any kind of emergency. And, lastly, you should be self-employed, or at least do some kind of work on your own that earns money.

If your life resembles the above, you are prepared to build a business. You absolutely must be self-employed, full or part-time. Technically, self-employed people own a business, but forget this notion. For your purposes, self-employed people do not own a business; they own a job. If they owned a business, it would work for them; they would not be working in it.

However, owning your own job is not a bad thing. Owning your own job is the start to building a business. You need to own your own job before you begin to build a business.

Building a business and building a job require different mentalities. The job-builder might think something like, "The more work I do, the more money I will make. I will do all the work I can, and I will hire out what I lack the skills or time to do."

The business owner, however, would be thinking, "I will do as little work as I can, because I want to hire out everything. I will need to do work at first to get the job done, but I will continually hire out the work as the business earns money. I will even use my personal money as much as I can. I will not make any money, but that is okay, because I will make a lot of money someday; and, during that someday, I will not be working."

So, forget about how much money you will make otherwise, spend it all on hiring out all the work. Forget about the fact that you will be working for free and will see no reward. That is precisely the point! If you were making money yourself, you should be alarmed. Why is money going to you? You should want to spend it on hiring out more help, right?

Clearly, the two frames of mind are completely different. With a job-building frame of mind, you will be seeking work, and, someday, you will end up with lots of work and money. With a business-building frame of mind, you will be avoiding work, and, someday, you will end up with no work and lots of money. Which path would you rather walk down? - 23311

About the Author:

Cody Scholberg, a business building expert, writes for Rapidly Make Money, your source of information that will get you wealthy. Check out these books about getting rich.