One of the key attributes of the wealthy is how they are legally structured. This is most evident around this time of year: Tax Season. Here are three legal entities that give entrepreneurs the ability to keep more of their hard-earned money and protect themselves from liability.
It’s Safer To Start A Business Than Stay In A Job
By far, the top fear holding people back from diving into the entrepreneurial world is the financial risk. They don’t feel safe not knowing that their income is guaranteed or that they’ll be able to make a steady paycheck. I’d venture to say that the vast majority of you reading this fear going out and having to support yourselves.
Is Your Day In Revenue Mode Or Reaction Mode?
One of the questions I’m asked most often is how I start my day. Those who’ve seen me speak or been around me for more than 2 minutes know I’m a fireball. My mind runs 100 miles per hour, my mouth moves just as fast as my mind thinks, and I’m always thinking 15 steps ahead. What can I say – it’s my entrepreneurial spirit 😉
What’s The Fastest Way To Make Money?
Two of the most popular questions I get on my monthly #AskLoral webinars (I’m hosting my next #AskLoral on August 2) are: “How do I get started with no money?” and “What’s the fastest way to make money?”
Don’t Be Afraid To Ask For The Cash
One of the absolute biggest mistakes entrepreneurs make is starting to work before they are paid. Maybe this is you. Maybe you’ve started a project before being paid or even laying out your clear payment expectations.
25 Reasons You Should Quit Your Job Today
Your boss might hate me for this… #FinancialFreedomFriday
The Money Under Your Mattress Is Going To Waste
The sad truth is, some of you still put ‘money under your bed’. Not literally, of course, but you keep your money under your bank’s mattress – you stow away your cash in your bank for years on end…
When I Hear ‘Solopreneur’, I Cringe…
When I hear ‘solopreneur’, I cringe. Why would you want to do EVERYTHING? You can’t run a proper business on your own.
What Bob Proctor Told Me In My 20’s That Changed My Life…
When I was in my 20’s, the legendary Bob Proctor asked me to go to his house in Toronto so we could work on our “Expression of Your Power” program together. I asked, “Why?” He said, “Because you need to see what rich people live like.”