Yes - you need to start a business. In America, starting a successful business is the surest, most controllable path available to you for making a million dollars in less than 42 years.And really, this decision to start a business gets us to a key part of our conversation. There are two mentalities at work in our economy today. Either you can be someone else’s employee, or you can be the one who hires the employees. You can work for a business, or you can own a business of your own.
Now please note that I am not saying that “being an employee” is a bad thing. There are lots of good reasons to be an employee. For example, being an employee is a great way to learn how a business works so that you can open a business of your own. You simply need to become an employee with that approach in mind.
What you do is figure out a business that you would like to open yourself. Then you go work in a business like that for a year or two and learn the ropes. Go into the job with the intention of learning everything you possibly can while someone else pays you to get your education.
Marshall is the founder of How Stuff Works.
via BizzBangBuzz.
William on July 6th, 2005 at 8:12 am
Here’s how one person made more than a million dollars in the oil industry and is now hosting an offshore wealth matrix program; helping others make millions on the internet.
Will it make a million dollars for everyone? Who knows but matrix programs are all the rage right now and this one is the best I’ve come by.
Ron Chapman Jr. on June 23rd, 2008 at 4:31 pm
While I agree that starting a business is fabulous, it is also very difficult. The statistics of keeping a business alive past 10 years aren’t encouraging. Not to mention that many people go bankrupt trying to start one. Do you believe that “everyone” should start one?