There is nothing wrong with the direction you are going, if you like where you are headed. One way or another you’re going to get somewhere. For those with direction, goals and a purpose, have a better chance of ending at a place more desirable than those who don’t.
There have been maybe five books I have read which have made a major impact on my life. All have been self improvement type books with two of them being the most popular books in the World. I won’t be talking about those today, but the one I am talking about can touch people spiritually, physically and financially.
In my opinion “debt” can destroy people, lives, marriages and many times can create unhappiness. Sometimes some debt cannot be avoided, but getting out of debt as soon as possible, not using credit cards and paying cash for items is the smart move.
One of my top five books would be “Total Money Make Over” by Dave Ramsey. This book can change your life if you read and then practice what is taught. In my opinion, everyone should read this book before they get married. It can save a lot of heartache that doesn’t need to be there.
What does this have to do with entrepreneurism? Simply put, if you can’t afford it then you shouldn’t do it. Starting a business should be done in baby steps and a person should NOT put all their eggs in one basket. Walk before you run. Start small and test the market before taking the big leap. Prove the business can work before wasting your money.
Knowing where you want to go financially in your own home or in your own business is very important. What are your goals? How are you going to get there? Know where you are headed, otherwise you might end up in a place you don’t want to be.
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