The Wealth PieMaybe you thought that the way to wealth was through the lottery, or by becoming a film star. Statistics of how the wealthy 1% of the population at age 65 became wealthy show otherwise:
It's clear from the chart how the majority of wealthy people become that way! Owning your own business doesn't mean you have to create a corporation with office blocks, a board of directors and HR department, etc. Your business could be a home-based consumer products international distribution business, with leveraged income for you and your spouse. Just as long as you aren't building someone else's dream, and you can fun growing it up to be successful. In fact, having employees with all that they entail (payroll taxes, UI, workers comp) may not be the way to go at all. It's interesting to examine the characteristics of millionaires. Want to become a millionaire? Let's start with examining your financial needs.
Robert
Kiyosaki's wealth learning game "Cashflow". |