My mentor, when I was 25 years old, dropped a phrase on me that changed my life forever when he said;
“Profits are better than wages. Wages will make you a living, profits can make you a fortune.”
You know it is a bit difficult to get rich on wages, but anybody can get rich on profits
Profits change your whole attitude, even if you start part-time.
Whether it’s part time on your entrepreneurial business, network marketing company or service business.
It can be a landscape business in the winter or hanging Christmas lights in the summer.
It can be training, consulting or tutoring.
It can be your hobby such as painting, writing, crafts, woodworking, computers or cooking.
But once you start investing even part time effort into your own business, you will find how much more exciting it is to get up in the morning and go to work on your fortune, even if you’re only spending a few hours a week doing it.
How empowering it is to be able to go to work on your fortune every day rather than going to work to pay the rent.
Now – it is noble to go to work to pay the rent, but if you could also parcel out part of your time – go to work to make your fortune.
Your whole attitude changes; your spirit changes.
It is in your voice.
It is in your face.
It is in your gestures.
And then you can say, “I am now working full-time on my job and part-time on my fortune because I found a way to make profits.”
And I will know what you mean.
SUBSCRIBE & DON'T MISS A SINGLE EPISODE OF MICHAEL YARDNEY'S PODCAST
Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.
PREFER TO SUBSCRIBE VIA EMAIL?
Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.