Segment 1: Beware of the Pitfalls SEGMENT BEGINS AT 00:39 Over the years, investor/trading coach Jerry Robinson has encountered several pitfalls that have interfered with achieving financial success. Today he shares five of these pitfalls that may not be readily...
by Jerry Robinson | FTMDaily Editor-in-Chief
HOUSTON, May 12
Anyone who runs their own business knows that the life of an entrepreneur can be stressful. But it is also one of the most rewarding experiences that you can ever know. Since I was a kid, I have always desired to work for myself instead of working for other people. Much of this drive to be self-employed came from my father who runs his own very successful service business.
Through the years, I have found it vital to find wise financial counselors to help guide me toward where I am today. My interest in money and in the international economy led me to get my degree in economics. However, I also had an interest in theology that would just not go away, so I also studied this topic at the University level as well.
For those who want to succeed with their own business, here’s the secret. Follow your passion. I know it sounds cliche… but it is completely true.
The reason is because running your own business takes so much time and effort. And it can take years for you to succeed financially. If you are not totally 100% committed to your business, you will fail. And a great way to ensure that you will remain committed to your business is to select one that you are passionate about.
Creating Multiple Streams of Income
Today, there are many financial gurus out there that promise to show you how to be financially successful or who will show you how to easily start your own business. (My favorites are the late-night infomercials where real-estate barons enjoy their billions while sipping pina coladas on the beach every day. What a joke!) There is no short cut to financial success. However, over the years, I have learned that there are smart ways to earn money and there are “not-so-smart” ways to make money.
Ultimately, what it all boils down to is that you only have so much time on this earth. You want to spend as much time as humanly possible with those that you love and care about. You also want to be able to pursue your passions, your dreams, and even your own sense of mission. (After all, I believe that everyone on this earth is here for a specific purpose.)
One of the ways that I have been able to pursue my passions and my own sense of mission is through the cultivation of multiple streams of income. In the upcoming weeks, I will be releasing a new product that will unveil a large collection of the various streams of income that you can begin building in your own financial life. Our team is currently working very hard on it and I know that it will help you on your way to financial freedom.
Thanks for checking out our site each and every day. My own passion is to educate and empower you as an individual, particularly when it comes to your financial lives. Thank you for giving me the privilege of being a part of your life.
Jerry Robinson is an economist, published author, columnist, international conference speaker, and the editor of the financial website, FTMDaily.com. In addition, Robinson hosts a weekly radio program entitled Follow the Money Weekly, an hour long radio show dedicated to deciphering the week’s economic news.