Did you know that making lots of money is not enough to make you rich? You may have heard of companies that seemed to be doing well that later collapsed and filled for bankruptcy.
Just like how a company can make a profit and still fail. That’s because profit is not necessarily better than cash flow. You might make a profit but it may cost you too much to make that profit.
On a personal level there a celebrities that made lots of money fro their careers but became bankrupt after they retired. It does not matter how much money you make but rather how you spend your money. Even better, how you invest your money.
Here Brendan Mace talks about the different types of income and how you can get rich from certain types of income and not others.
Check out the video and let me know what you think in the comments section below.
Did you know that the effort it takes to make lots of money is almost the same as the effort it takes to make smaller amounts of money? So it makes sense to spend your effort making the big bucks.
Here Brendan Mace talks about how he makes money on-line but without working as much as he used to.
Check out the video and let me know what you think. You’ll find some of the strategies can be implemented even if you’re new to making money on-line.