Entrepreneurship is the act of creating a business or businesses while building and scaling it to generate a profit. ... The more modern entrepreneurship definition is also about transforming the world by solving big problems.
As an Entrepreneur you tend to focus on reinvesting as a form of wealth creation and that is fine. However I have already written about the financial necessity of saving a portion of any income payment that you receive. This means that a percentage of every single source of income is set aside, marked, or tracked as money that you cannot spend. This task isn’t optional if you want to have some basic financial stability or start growing some serious wealth.
Saving is the
first step and it is the easiest, simplest, but the most emotionally difficult
step. I know that starting to save money is emotionally painful because
spending money is easy and pleasurable, while saving money feels difficult and
challenging. But like any behavior, it becomes easier and natural the more you
do it. Read more
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