Entrepreneur You

Passive income -- money you make on the side with little effort -- is the hottest way to build wealth, and for good reason: Millionaires, entrepreneurs and the average Joe all understand that passive income makes it easier to compound your overall returns even further. Generate enough passive income, and suddenly you have the chance to become truly wealthy. But, wait: nothing is ever that easy; And, there's no such thing as 100 percent passive income. Building passive income actually requires hustle and an investment of time upfront to get your money off the ground and growing while you eat, sleep and play. Maintaining that growth means making sure that you're using the right tools and strategies to automate the work for you. Here are five recommended passive income tools to help your build your wealth. 1. Streamline your systems Whether you run a business or hold investments of any type, the money, time, teams, technology and ...

7 Essentials for Making $1 Million From Scratch Making a million dollars is a big dream that many individuals have. The financial freedom that comes with being a millionaire is enough of a lure for any person, in any profession to take on this type of challenge. But how do you make a million dollars with no base to grow off of? The good news is, I have some tips that anyone can use to help them make $1 million from scratch. 1. Find a mentor who has done it. A mentor can be your greatest ally in your journey towards making a $1 million. If you have someone looking out for you who has done it before you can gain valuable insight that can truly make the difference in your success. I did not have a mentor, I was self taught, but I could see right away how much easier my journey would have been with a mentor behind me. 2. Know that you don’t need to be perfect. You don’t have to be perfect and you don’t have to do a perfect job every time, but you must be dedicat...

Most entrepreneurs are cut from the same ambitious, risk-taking cloth. Foregoing the stability of a 9-to-5 job is certainly not for everyone. If you own a business or are thinking about creating one, you’re probably curious about what sets entrepreneurs apart from everyone else. Below are five traits that typically unite entrepreneurs. 1. Your business is your dream. For many people, simply having a rewarding job is enough. Some of the most ambitious individuals, men and women intent on reaching the top of their chosen fields,  aren’t necessarily entrepreneurial-minded . There’s nothing wrong with craving the stability that comes from working for someone else. But to be an entrepreneur, the motivation needs to come from within. Creating something from scratch requires unwavering belief in yourself and your business. Your goals for your business and your dreams for your life need to be, if not one and the same, then intertwined. Otherwise, it’s hard to find the will to...