The most obsolete idea is going to school, get a job, and invest in the long term in the stock market.
Why would you save money when they are printing billions of dollars? The gap between the 1% and the 99% is massive. You see its not just money. You have to step back and look at the big picture. So what do you do?
Inside us there is a poor person mindset, there is also a middle-class person mindset which want a steady pay check and there is also a rich person mind set. And they are all inside us except that it is not taught. You haven’t been taught these things in school. The moment you take a pay check you are an employee. And that’s the mindset. Now, a pay check is not bad but do you really want to be a slave to money?
So the entrepreneur is not so much about the business, the entrepreneur is really the mindset and the skill. And the biggest benefit if becoming an entrepreneur is you really find out who you are.
If you think the next 20 years will be the like the last 20 years, you will fail.
When you go to the supermarket to buy a bottle of milk you check for the expiration date right? You see most people check for the expiration brain in their mind! Example: how do I get out of debt VS how do I get into debt! The main point here is not to get out of debt but learn how to use debt and how to use money VS money use you!
The rich don’t work for money. The rich create businesses. The beauty of it is that you have more control over your income.
You see the idea of going to school, getting a job, trying to get out of debt, buying a house because you think its an investment is an outdated idea. The world has changed. A house is only an asset if is giving you money. If it is taking money away from you it’s a liability. And it can only become an asset if you make money from it by renting it out or by selling at a higher price than you bought it.
In the USA there are around 28 million entrepreneur business. 24 million are one-man businesses. Solo-preneurs. And most people don’t understand what an entrepreneur does. Most people are self-employed but not really entrepreneurs.
And is all about an enteral economy and an external economy. You cannot control the external economy but you can control the internal economy.
The internal economy is your mind set.
Your mind is a train station. And trains are thoughts. And you are the passenger. You decide which train to board on. Are you going to board a positive thinking train? Are you going to board a self-development train? Or will you continue to ride in a negative thinking train?
The choice is yours!