The Entrepreneur’s Secret to How to Become Wealthy and Build a Personal Fortune - Ep. # 12
You can use your business at the core of your wealth-building strategy, but, there’s an art to developing real wealth outside the day-to-day operations of your business.
The risk of relying solely on your business, and not investing outside of your business to generate your wealth is that should something happen to your business, or should it become impacted by a black-swan event like a pandemic, for example, then you’re potentially left with nothing.
Imagine spending years building a successful business, and reinvesting all of your profits, year after year, back into your business, only to find that you open the papers one day to find that the government has shut down your operation for an indefinite period of time. And that's the unfortunate reality that many small business owners have found themselves in.
In light of that, how do you, the entrepreneur, create wealth? How do you invest? What's the difference between rich vs wealth?
I discuss all of the above in this podcast. Ultimately, my goal is to share with you the tools you need to become a millionaire, or even better, a pentamillionaire or decamillionaire entrepreneur.