Tag Archive: Business Ownership

How the Rich Make Money

The Federal Reserve recently published some new wealth data [PDF]. They looked at levels of net worth and the income associated with each. They defined net worth as total assets (including a primary residence) minus any money owed.
You need a net worth of over $8 million to make the top 1%, $2 million gets you [...]

 
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The Entrepreneurial Roller Coaster Ride

When you own your own business, you have your highs and you have your lows. And it seems like you rarely have any in-betweens.

 
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George said  … I never talked about this for years. I thought it was just me. Then I got up the nerve and mentioned it to my sister, who also owns businesses. [...]

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Find Your Fortune Through Promiscuity

 
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Don’t be alarmed – we just thought it was a catchy title. Nothing explicit here!
A lot of very successful entrepreneurs have multiple businesses. So today, we’ll look at starting the “other” business!Benefits of the other business
#1 – Your CompensationYou have one business now. So you can draw one salary. When you have two businesses, you [...]

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