The following is from Jim Rohn’s Newsletter a wonderful article on the power of profits rather than wages. It demonstrates just what profits can do for people. Jim Also talks about using your talents for your own business and going from there.
Profits Are Better Than Wages by Jim Rohn
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 summer or hanging Christmas lights in the winter. 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.” Wow!
And I will know what you mean.
From Jim Rohn’s newsletter on the power of profits vs wages, it shows the reason that profits are much better than wages and that people can get rich just from such. Also Jim talks about using your natural talents to do such.
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