What I Did:
I read up a lot on how others succeed at making money online. I have learned and I continue learn how to do it from people who have succeeded. It is hard work, but to me it doesn’t really seem like work since I am doing something that I am passionate about. I love doing it. I have more than 100 blogs and web sites and that‘s how I make many online. Since I am bilingual, (English and Spanish) I have web sites in both languages. This is my top producing blog: Como Ganar Dinero Por Internet, which means How To Make Money Online.
How I Did It:
I read Robert Kiyosaki's #1 Bestseller Rich Dad, Poor Dad: What the Rich Teach Their Kids about Money That the Poor and Middle Class Do Not! And I wanted to share some pearls of wisdom I learned from this great book.
So many people are fixated on working their way up the corporate ladder. Why in the world is this so appealing? Why not own the ladder? Robert's "Rich Dad" encouraged him to always remember who you are working for...who are you making rich?
I used to work in the corporate world, I worked for a mortgage broker firm. I used to make good money. Sure, I could have continued making a good living...but I knew for a fact that I wasn’t going to become wealthy. I want to make money even when I'm not working on my business. But, if I continued on my course, I was going to seal my fate as being stuck in the rat race.
Robert talks a lot about the rat race in his book, and basically that is working for a pay check, giving a hefty portion of your money to the government in taxes (sales tax, property tax, fuel tax, income tax, capital gains tax...), then what you have left you spend most and save a little (and of course you'll be taxed on what you save). Even when you start making a little more money, you find yourself spending more money, giving more money to the government, perhaps racking up some credit card debt to pay for the high price of tuition, gas, living expenses...It's a never ending cycle. As a mortgage broker, I saw what happened to the average person who worked their whole life, and saved a little money. They leave a bunch of bills, funeral expenses, etc. and they have little to no money to give to their family.
I am fortunate to have realized over 3 years ago that I could have easily ended up in this situation if I didn't make a change in my life. I am willing to bet that this may be the situation many of you could be facing as well.
The good news is there is another option. You can get out of the rat race. Robert says "every day, with every dollar, you decide to be rich, poor, or middle class". I think this is true with every decision you make regarding how you spend your time as well.
Lessons Learned
- If you want to get out of the rat race, start building your business online like I have. The road may have some ups and downs and you will step in a puddle or two, but I can assure you, the rewards are well worth it!