Why Profits Are Better Than Wages

Why Profits Are Better Than Wages by Jim Rohn

jim-rohnI love this brief but inspiring message from Jim Rohn and thought I would post it to inspire parents to share with their kids.

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My mentor, when I was 25 years old, dropped a phrase on me that changed my life forever. He said, “Profits are better than wages. Wages will make you a living—profits can make you a fortune.” You know it is a bit difficult to get rich on wages, but anybody can get rich on profits. Profits change your whole attitude, even if you start part-time.

It can be a landscape business in the summer or hanging Christmas lights in the winter. It can be training, consulting or tutoring. It can be your hobby of painting, writing, crafts, woodworking, computers or cooking. But once you start investing even part-time effort into your own business, you will find how much more exciting it is to get up in the morning and go to work on your fortune, even if you’re only spending a few hours a week doing it.

How empowering it is to be able to go to work on your fortune every day rather than going to work solely to pay the rent. When you parcel out part of your time to make your fortune, your whole attitude changes—your spirit changes.

It is in your voice. It is in your face. It is in your gestures. And then you can say, “I am now working full-time on my job and part-time on my fortune because I found a way to make profits.” Wow!