How to Build Your Wealth By Building Your Home-Based Business Online





How to Build Your Wealth By Building Your Home-Based Business Online

How to Build Your Wealth By Building Your Home-Based Business Online
By Allie Mendoza

Building your home-based business online can be a powerful way to build your wealth. But, many entrepreneurs get stuck on a get-rich-quick mindset; so, they end up sabotaging their own success. Read on to learn how you can avoid undermining your own business success...

Do you think you can retire early and wealthy?

The future is grim for a lot of people. Many are in danger of retiring dead broke. Why?

Many people make the mistake of thinking that if they work hard enough, their jobs can make them wealthy. The reality is that few people become wealthy from their jobs. Most jobs do not pay enough to allow employees to set money aside for retirement. What makes matters worse is that many jobs don't even pay enough to make ends meet for most people.

Too many people have out-of-control debt dragging them down. Without any additional source of income, people who are living paycheck to paycheck are not getting out of debt. Instead, they are just falling further and further into debt.

This doesn't have to happen to you.

Building a successful business is one of the most powerful ways to build your wealth. Of the 5% Americans that are wealthy at the age of 65, 74% are BUSINESS OWNERS!

Sadly, most people can't retire early and wealthy. Of all Americans at the age of 65:

* 5% are wealthy -- In this group, 74% are business owners! 16% are doctors and lawyers; 9% are entertainers and athletes; and 1% are inventors.

* 5% are still working -- they do NOT have the money to retire.

* 54% are retiring DEAD BROKE.

* 36% are dead.

By building your own business, you can have a powerful way to build your wealth.

But, wait... there's a catch.

You have to change your mindset about wealth-building. You can sabotage your own success if you're stuck on a get-rich-quick mindset. Of course, it would be great to become wealthy sooner rather than later. But, would you really consider yourself a failure if you're not financially successful in a few months?

Wouldn't you also be successful if you're able to retire early and wealthy?

Yes, it can happen. You can earn a massive income quickly and you can quit your job right away. But, if you just start earning more and more from your business... that can also make a big difference in your current lifestyle.

Having a small business can help you build your wealth. If you have an online or home-based business, you can even build your wealth in the comfort of your own home. You may not get rich quickly, but getting rich slowly can be just as rewarding.

There are so many things you can do with your extra income. Wouldn't it be great to have extra money to get what you want? What would you do?

* Would you pay off some bills?

* Would you pay for your children's education?

* Would you buy a new home?

* Would you buy a luxury car or a boat?

* Would you take a trip around the world?

A HUGE BENEFIT of having extra income from your business is that you can put more money aside for retirement. The more money you can set aside, the faster you can retire.

How much money do you need to set aside each month to accumulate $1 million by age 65? To find out how you can "Retire a Millionaire," click this link or cut and paste it on your browser: http://www.kiplinger.com/features/archives/2007/01/savings.html

Paying off your debt and saving for retirement can be a whole lot simpler when you have extra income coming from your business. Even if you don't get rich quickly, having extra income from your business can help you retire early and wealthy.

To set up an automatic system for using your extra income to retire early and wealthy, check out "The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich" by David Bach.

Yes, you can build your wealth by building your business. This can make a big difference in your current lifestyle. You may not get rich quickly, but getting rich slowly can be just as rewarding!

Allie Mendoza specializes in shortcuts for 20% of marketing strategies that can generate 80% of results. To learn money-making shortcuts using less time, money and effort, visit: NewIdeasToMakeMoney.com [http://newideastomakemoney.com]

Article Source: http://EzineArticles.com/?expert=Allie_Mendoza


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