Monday, April 13, 2009

Setting up a Business: The Road to Financial Freedom

By Mara Hernandez-Capili

Almost all people wanted to experience financial freedom in their lives. We can see them doing everything it takes to someday be financially free. Financial experts advise us that the best and quickest way to gain financial freedom is to have a sound financial intelligence. This can be gained through continuous immersion of financial related books, seminars and classes.

One of the things being described in these seminars and talks is that an employee should start having an employer or investor mindset. This involves the radical change in ones mindset since we are programmed to be employees. They often tell that schools do not teach us how to be business owners but merely how to study well so we can gain great jobs in the future. According to them, a person to be financially free should have money work for him and not him working for the money.

Experts in these fields say that a person should learn the basics of owning a business as a first step to gaining financial intelligence. Accounting and simple financial methods that people learn in handling business are the key to learning more about money and thus, having money work for you. Employees follow this advice by retaining their daytime jobs while doing business on the side, until such time that their business is standalone and can support them should they decide to quit their jobs.

Talented and creative people use their inner core talents at their expense. They make crafts and then sell them to their peers, friends, colleagues, relatives, etc. They are people who are able to transform their hobby into a money making opportunity. They are small entrepreneurs who will soon learn to unlock the secrets of money and financial intelligence that will lead them to financial freedom.

Now that we know the simple steps in gaining financial intelligence and later on, financial wisdom we should try to emulate them and be diligent and committed in our goal to be financially free!

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