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Anyone who works for the Federal or DC Government had a cliff-hanging week last week. I know, because I work as a law professor at the District’s only public law school, where I run a legal clinic that helps aspiring entrepreneurs and small businesses. We spent the day on Friday preparing contingency plans, notifying clients about the [...] Do you have what it takes to become a millionaire? Do you know the most important thoughts and habits of “the millionaire mind”? Long before the best-selling book and video The Secret, enterprising men and women have been trying to understand the success secrets of the rich and famous. In fact, the Law of Attraction draws [...] You can see yourself as an entrepreneur, setting your own hours, being your own boss, enjoying the freedom of being self employed. And you can just imagine what life will be like once you’re a big success and pulling in all that cash. But hang on. Before you run to the car showroom and test drive [...] Who’s afraid of the Big Bad Business Plan? For some reason, those two words seem to put terror into the hearts of even the biggest, meanest hard-core business people…not to mention poor little red riding hood. So today, I want to reassure you that you are already 3/4 of the way there to putting together a killer [...] Remember how we talked on Day 7 about Robert Kiyosaki’s “cash flow quadrant” model? Basically, the idea is that there are four ways to generate income: as an employee, by being self-employed, as a business owner, or as an investor. Each of these categories has its advantages and disadvantages, but Kiyosaki teaches that only business owners [...] Before you decide what form you want your business to take, we’re going to spend a little time reviewing the basics of wealth building and financial freedom. Maybe this will come as old news to some of you, but for me it was a real eye opener. Do you know the biggest [...]  |   | |
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