Could You be a wealth generating business owner?
There are three basic types of business mentioned in Eat the Rhino.
One is a hobby business where you take your hobby and make money from it. Many artists, actors and craftsmen do this type of business. They can grow the business but it is basically a business based on the owners hobby and passion.
Another is a lifestyle business. This kind of business is often run by a professional who looks at running his or her business so that they enjoy the lifestyle they want. Many professional practices are run this way.
And the last type is a wealth generating business. In a wealth generating business you can combine both a hobby and a lifestyle business, but what you are creating is a business that goes beyond you.
A business where revenue can be earned regardless of you.
A business with a purpose and vision that encompasses more than just you.
A business that you can sell or pass on to your family.
Many think a wealth generating business requires a lot of money to open but take a look at the history of many wealth generating businesses. Colonel Sanders, Ray Croc, Steve Jobs, Brad Sugars and Bill Gates started a wealth generating business and have grown their business from the garage to multinational organisations. They got the help and support once they established the need. They had vision of what the future would be like for the world if they succeeded.
Microsoft wanted its product to be on every desktop – it currently is slipping but holds 75% of operating systems and probably the same amount of software applications.
Apple wanted to create an entirely new way of delivering computing services and now has people standing in line for hours before the launch of a new product.
Wealth generating businesses start because the owner has a big vision and is willing to hire and work with others to make it a reality. Wealth generating business can be found everywhere
Do you have a business idea? Would you like to create a wealth generating business? Get your copy of Eat the Rhino or join one of the support programs to get you into that business today.
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