What is money? A child might say that it is something rich people have, and poor people do not. An engineer might go into a detailed and lengthy explanation, but we all know that money is what really “makes the world go around.”
In the world of business, money is the definition of success or failure. That’s why it’s vitally important that every entrepreneur has a good understanding of money, even if their business is still struggling to get off the ground.
Have you ever noticed that people who have a lot of money are magnets for more money? I have listened to the gripes and accusations of onlookers who accuse them of being born with a silver spoon in their mouth among other things, but it is more than that. The secret is that they understand money.
Financially successful people can spot opportunities to create more money. They understand money and how it works. They know the magic of creating money. They have experience under their belt.
Understanding money is a key ingredient to becoming someone who has money, and fortunately it is getting easier instead of harder to do just that. Think about it. A checking and savings account used to be the only options within realistic reach of the “average Joe”. If you have been paying attention, you know that there is an amazing menu of options available at any bank or savings and loan company you walk into.
What does that mean? It is time to get busy and become students of money. If you want to have a lot of money, you need to understand how to invest and manage it.
3 Important Steps To Becoming A Millionaire:
1.Think Like A Millionaire
I know that is tough to do, when you are struggling just to pay for your overhead, but attitude is half of the battle. If you think like a successful business owner, you will soon find out that money really is attracted to the “rich”.
2. Become Financially Literate
There are virtually endless books, blogs, reports, about personal finance, business and investments. Find reputable sources that deliver information about money and finance, and read and learn all that you can from them.
3. Make Informed Decisions
Once you know the ins and outs of the money world and have studied the successes and failures of others, it is time to put your knowledge to work. When the opportunity knocks, you will be ready to open the door and greet it with a confident smile.
Your new knowledge and attitude will help to make you a force to be reckoned with. You will have the tools to use every opportunity to create more success.
“Important note- It is completely ok to make your big plans and dream big if you don’t have any money right now. Because someday you will, and when the right opportunity comes along, you’ll be ready.” Michael “MJ The Terrible” Johnson – Founder & Owner – Masters of Money, LLC.
Money! Money! Money! This Post Is All About Money! – https://www.mjtheterrible.com/moneymoneymoneythispostisallaboutmoney/