Tip#4 Be Your Own Boss Profits are always better than wages!

Tips#4 Be your own boss!

If we truly desire to create wealth and escape the rat race then we must have our own business.

Why?

Well, just as Jim Rohn, the business authority, says "Profits are always better than wages!"

It's a simple principle based on the cold hard fact that few people become wealthy working for someone else. If we work for someone else the business owners are simply buying our talents, skills and experience at wholesale and selling us at retail while the business owners keep all of the profits.

We must have our own business if we want a true chance of gaining massive leverage through the efforts of a large number of people.

A word of caution is: not all businesses provide the same level or opportunity to escape the rat race. Do you know that there are many people who mortgage their house, scrape together all of their savings to go and buy a fast food franchise (or any other franchise). They then work ridiculous hours, manage difficult employees, pay massive overheads, and only to take home a meagre wage.

Sounds like they would be better off to stay in the rat race ya...

They are certainly no closer to escaping the rat race.

It is vital that we look for a business opportunity that we can start and run whilst keeping our current jobs. We want a business that involves little investment or risk, can be run part time in hours that suit us and provide an unlimited stream of income as a result of its leverage creation opportunity.

Look for an opportunity that we can channel our TV time or 8 to 10 hours per week for the next two to four years. With the right opportunity we will be able to create financial freedom and escape from rat race for good.

We must start our own business to escape the rat race and become fabulously wealthy and it must be a business that is highly leveraged!