Most people that I have helped staring their own business basically just want to create their own job. To be selfemployed. Therefore the set up a business that is completely dependend on their precense. That is fine with me, since I have had the experience myself to be selfemployed. It’s a great job, the best in the world, but it is still a job. You still need to go to work every day to get an income.
However the more entrepreneurial think in a different way. They want financial freedom. They want to build op income streams, that are independent on their precense. They want to create enough of such income streams to work for them, som they can do whatever they want with their time without worrying about their income for next month.
A simple and obvious example is writing an e-book and selling it on your website. Once the book is written and ready for download, it generates income without you moving a finger as long as people still download it. It is not always that easy, but in general it is an important part of the entrepreneurial mindset, that you create something that can generate income to you without you going to work every day.
Sterling & Jay – pseudonyms for a couple of internet entrepreneurs – speak a lot about this in their podcast and blog Internet Business Mastery that I strongly recommend for it’s focus on mindset. It has completely changed the way I look at my own business, that is going through a major transformation at the moment.
Sterling & Jay are in debt to the book Rich Dad, Poor Dad that teaches you how to make money work for you in stead of you working for money.
So what do you want? To create your own job or to create financial freedom. You’ve better decide now, cause what you think is what you get.
Filed under: mindset
Jan,
Thanks for mentioning our show. I’m glad you like the emphasis on mindset. We are really into that aspect of business since it is often overlooked for “techniques” which unfortunately leaves out the very foundation of success.