Valid Reasons To Start A Business | Intrinsic Value & Biz Integrity | "Master Investor" #wealth
Valid Reasons To Start A Business | Instrinsic Value & Biz Integrity | "Master Investor" #wealth #biz #livestreaming #business #live #masterinvestor
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There is just one method we should invest if we intend to do so. The Master Investor method of investing is to make passive income.
Summary:
Working for someone else will never make us wealthy.
We must relocate to the right side of the Cash Flow Circle if we aspire to wealth.
Not everyone is cut out to launch a business; find out if this is us.
The Cash Flow Circle is one of the main models that Master Investor employs.
It's a straightforward diagram that helps explain four distinct career paths and the driving forces behind each side of the cash flow circle and its 4 different players of money in real life.
E stands for employee
Employees look for stability. For example of an “E” employee is a person who works at a job and they get pay by trading their time for earned income. If they don’t like their job, then they are in the rat race. Some people love their job and that is their purpose in life.
S stands for self-employed
When someone becomes extremely proficient at their job and is weary of working for employers they know they can outperform, they typically shift to the “S” self-employed.
B stands for Business Owner
Owners of businesses don't want to be employed. They aspire to possess a product or system that generates income even when they aren't using it.
I stands for Inside Investor
The most financially literate individuals in the cash flow circle are inside investors. We know that we may live a life free of working if we locate and acquire assets that generate steady passive income (positive cash flow).
Reasons for starting a business to become wealthy
Now that we are familiar with the Cash Flow Circle, let's discuss the benefits of launching a business.
We must shift from the left side of the cash flow circle , where we are an employee or self-employed person, to the right side of the cash flow circle, where we are a business owner or investor, if we want to be wealthy.
Finishing reading the article: https://masterinvestor.substack.com/p/valid-reasons-to-start-a-business
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As we say here, “Money is just an idea backed up by confidence.” An asset puts money in your pocket. A liability takes money out of your pocket.
The simple definition of a fake asset is one that promises to make us richer but in actuality robs us blind. We need three things:
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Then, we need to offer something of value in exchange for their email and name. Then, after we obtained the visitors of our capture page's information and email address.
The effectiveness of an online business system
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