What is money? A child might say that it�s something rich people have and poor people don�t. An engineer might go into a detailed and lengthy explanation, but we all know that money is what really �makes the world go around.� In the business world, money is the definition of success or failure. That�s why it�s vitally important that every entrepreneur has a good understanding of money � even if their business is still struggling to get off the ground. Have you ever noticed that people who have a lot of money are magnets for more money? I�ve listened to the gripes and accusations of onlookers who accuse them of being born with a silver spoon in their mouth among other things, but it�s more than that. The secret is that they UNDERSTAND money. Financially successful people can spot opportunities to create more money in a heartbeat. They understand the money system and how it works. They know the magic of creating money. They have experience under their belt. Understanding money is a key ingredient to becoming someone who has money, and fortunately it�s getting easier instead of harder to do just that. Think about it. A checking and savings account used to be the only options within realistic reach of the �average Joe�. If you�ve been paying attention, you know that there�s an amazing menu of options available at any bank or savings and loan company you walk into. What does that mean? It�s time to get busy and become students of money. If we�re going to have a lot of it, we need to understand how to invest and manage it. I can already hear it� So what if you don�t have much to manage and invest at the moment! Prepare for the future Here are 3 easy steps to get started� 1. Think like a millionaire I know that�s tough to do, when you�re struggling just to pay for your overhead, but attitude is half of the battle. If you think like successful business owner, you�ll soon find out that money really is attracted to the �rich.� 2. Become Financially Literate There are a million-and-one self help books on the market for people looking for information on money investments. Learn from the best. Find a few reputable authors and read, read, read. Subscribe to money magazines and �The Wall Street Journal.� Read what the rich read. 3. Make Informed Decisions Once you know the ins and outs of the money world and have studied the successes and failures of others, it�s time to put your knowledge to work. When the opportunity knocks, you�ll be ready to open the door and greet it with a confident smile. Your new knowledge and attitude will make you a marketer to be reckoned with. No more slouching around and pointing fingers at the rich marketer down the block. You�ll be one of them. You�ll have the tools to use every opportunity to create more success.
