I love this term; it’s been borrowed from Robert Kiyosaki, whom Jamie McIntyre followed heavily as he created the 21st Century Academy wealth creation program. So what’s it all about?
What Is Your Business?
To mind your business, you first have to know what that business is. If you are like most people, you will probably tell me that your business is whatever career-field you are in; but you would be wrong. Your career is your job—it is your employer’s business, not yours. Even if you own your own business your work is not your real business, it is your work. Your business is your personal financial plan for investment—it is what you fund with the money you make at your day-job.
So maybe you are a plumber by trade using the money you make as a plumber to invest in real estate and create wealth. That makes plumbing your job and real estate your business. Most people do not understand this until they embark on wealth creation. They see their job as their business, and their real business–wealth creation via investment and asset attainment—suffers or, for many, never even gets started. To create wealth, you have to make your business your priority, This does not mean you do a poor job at your work, it just means you put everything in its place and prioritize that which will make you rich and get you out of your day job.
You understand the difference between your job and your business, and you engage in a line of business separate from your work that creates wealth (money making money, passive income). If you hope to make money and succeed at wealth creation, you first have to have a business. Create the business of you and start building wealth today!
Sean Rasmussen
Wealth Creation Blog
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