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      "body": "![7 (4)-min.png](https://cdn.steemitimages.com/DQmdnBZzurzz6MmnkK5esAtiN25Yhqpr26VPGp86nBCn9wY/7%20(4)-min.png)\n\nIt can be hard to know where to start as an entrepreneur if you are someone still young enough to be denied entry into a club or bar.\nHowever, I am going to list four things young aspiring entrepreneurs can do now to get started on their journey on becoming a successful entrepreneur. \n  \n1: Find the right people to hang around\n \nI'm not saying dump all your friends and go but I am saying seek out people who want the same as you or even better, are already there or at least ahead of you. This forces you to 'level up', it will push you to do what you already want to do so badly and do it well.\n \nHonestly, this is one of the best things you will do for yourself. To quote Jim Rohn \"You are the average of the five people you spend the most time with\". This means if you spend all your time with lazy people will you be drained of motivation and become the same way. The reverse is true, and this is what we are getting at.\n \nUse the connections you have already to network, join a group of like-minded individuals or even start one yourself and the people you are after will soon come to you. I personally am in about three of these groups right now and it has honestly pushed me forward so much. You don’t need to do everything alone. Reach out!\n \n2: Find a mentor/s\n \nThis is something I see most if not all successful entrepreneurs old and young doing. You do not need to be rubbing shoulders with the richest and most successful men and women in the world or even your respective country (although I have seen young people do this, break a leg!). But finding someone who has been successful as an entrepreneur or even businessman is a really great thing.\n \nThis allows you to be inspired and learn from them. If you asked Elon Musk, he would tell you, you shouldn't need inspiration if are to be successful but no one is saying you don't need to learn. This goes hand in hand with #1, so definitely do your best to leverage opportunities to work with mentors.\n \n3: Have a plan\n \nYou need some sort of direction. You don't want to be one of those people who wish they had a business and endless wealth but lack any vision on how they are going to get there. We call these people wantrepreneurs. Don’t be a wantreprenur.\n \nYou don't need to have some master plan with every detail. As the saying goes, keep the vision forget the details. All one needs to start is a rough plan they can follow. This begins with what you want, your goals, write these down (e.g. start your own clothing brand). Followed by the big part we are getting at here, how you plan on getting to them (e.g. getting in contact with someone who has done it before you) and then in how long? give yourself a rough time-frame.\n \nI think time is particularly important here. As Bill Gates said, \"people tend to overestimate what they can do in a year and underestimate what they can do in ten\". Do not freak out if you can’t always stick to your deadlines but at least have them there.\n \n4: Believe you can\n \nGenerally speaking, unless you have some faith in your ability to achieve your goals you will be a lot less likely to succeed in whatever you are striving for. You need to find a way to truly believe in yourself, some of us are born with this confidence but many are not, we are filled with doubt and worries.\n \nMan in a suit, how to become an entrepreneur, get rich australia, how to start as an entrepreneur, young entrepreneur, teen entrepreneurMan in a suit, how to become an entrepreneur, get rich australia, how to start as an entrepreneur, young entrepreneur, teen entrepreneur\nMyself in a suit before a meeting\n \nTo do this first make sure you do the first few steps, surround yourself with positive people who may have done or be doing what you aspire to, find a mentor, give yourself a fighting chance by making a realistic plan with a vision and you will be well on your way to giving yourself the best chance and hence to believe you can do what you want to so badly.\n \n If you have any questions or would like more articles like this feel free to comment below!  \n \nI write about the importance of mentors here: https://www.aussiemoneyman.com.au/home/why-you-need-a-mentor \n \nSummary:\n \n-Associate with the right people\n-Find someone who can guide you\n-Have a game plan\n-Have confidence you will be successful  \n \n \nCheck us out on Youtube: https://www.youtube.com/channel/UCFjdDTZcTHWsBKYw0z5H_6g?disable_polymer=true",
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      "author": "ngm2219",
      "body": "![7 (1)-min.jpg](https://cdn.steemitimages.com/DQmSXDNFRrST9VZnKTFVYp2dchzL21hfQUrxDL7G9G11tyx/7%20(1)-min.jpg)\n\nThere are some things I have learnt from my mentors and think you just need to be aware of if you plan on being wealthy in this lifetime. While doing these things alone won't put you on the Forbes top 100 tonight, they will certainly help you on your path there. \n \n1: You will need to start now\n \nLife is short, you hear this all the time and yet somehow more time is spent hearing it than taking action on it. Doing anything later or even right now will not assure success but the goal is to give yourself the best chances. Starting now will increase your chances of success, granting you the time you need to reach your end goal.\n \nIn other words; that book you want to read, read it. That podcast you want to record, record it. That skill you want to learn, learn it. That blog you want to write, write it.\nWhat I am trying to say is, every day you put something off you could be pushing back your dreams, a day, a month, a year or sadly for many indefinitely. Start now, I mean it, literally, come back to this post later!\n \n2: It won't happen suddenly but gradually over time\n \nWhile we all want to wake up with a wealth of money, perhaps a business that is our baby or even a family with a baby. It just won't happen like that. Now while success is often exponential, that is it speeds up as you get closer to it, or more of it. Whether it be financial, business, marital etc. it will happen slowly at first and that may be a long period of time for many of us.\n \nSo, if you took my last advice in #1, just know things most likely won't be amazing straight away. In-fact often things start better then go downhill as problem after problem piles up. Elon Musk himself, spoke about this in an interview when asked for advice regarding starting businesses. If you are starting a business or learning the stock market, you will find hurdles you have to jump and that is part of learning. You have to embrace the challenge and know you are working an 80-hour week now, so you can work a 20-hour week later while making 10x the income.\n \n3: You'll need to invest (or find other means of passive income)\n \nYou will need to find a means of making money when you sleep (this is passive income). Besides being an amazing feeling, it is also vital to your chances of success.\nThere are a definite number of hours in a day and we have a limited amount of energy and will-power. This is why investing is so important in one's journey to financial success. Not to mention, most billionaires across the world made their fortunes through investing. While investing can be scary to many of us, as long as you really do your research into whatever investing instrument you choose it will surely be worth your time.\n \nHow exactly? Start researching all the ways you can invest, stocks, bonds, real estate, p2p lending, mutual funds, ETFs, CFDs. Do your research until you FULLY understand it. You will then be able to best mitigate risk and give yourself the best chance of earning good returns while you sleep!\n \n4: You'll likely need multiple sources of income\n \nHaving one source of income is similar to chucking all your hard-earned cash into an investment you have no idea about and failing to diversify completely. While many factors determine the exact risk of one particular source of income, you should never rely on it!\n \nHaving multiple sources of income alleviates the risk of losing money in case one was to reduce or cease completely. Moreover, often one source is not enough. If you are lucky enough to have a job that pays really well that is great, but you still have cause to create others. By having various sources of income not only do you increase your income and mitigate risk but often some or all will be passive. This is where we double in with advice in #3.\n \n5: You need to be frugal and save\n \nMost of us were taught to save as kids yet most of us simply don't save enough. The Australian Security and Investments Commission studies show while more than half of us save (2/3, leaving 1/3 living pay check to pay check) we save very little and often believe we can't save more because of our lifestyle habits. This is where being frugal comes in, that is, living simply.\n \nLook at big shot billionaires like Mark Zuckerberg and Warren Buffet, who drive a 30,000 AUD Acura TSX (23,000 USD) and a 45,000 AUD Cadillac XTS (34,500 USD) respectively. These are guys you would expect to be driving Rolls Royce and Mercs.\nBottom line is if you want the wealth these guys have, you need to have their frugal mindset as well and be able to save as much as you can in order to really take advantage of what I would call the sweetest deal in finance, compound interest (this is when you make interest in your interest).\n \n6: You need to earn more\n \nWhile there is a limit on how much you can save (you need to eat, cloth and wash yourself) there is absolutely no limit on how much you can earn. The sky's the limit, go for gold!\n \nWhile your first priority should always be to save (It is pointless earning more if you spend it meaninglessly) you should always aim to earn more. Be that through creating additional sources of income via a side business, investing or other means. This is because not only will you be able to spend more but also save more, invest more and consequently create wealth earlier.\n \nFinal remarks\n \nRemember, you are not really chasing wealth. You are chasing freedom and happiness. Keep that in mind and work to become a philanthropist as well as a billionaire. I think you will find it is a much easier and more enjoyable journey this way.\n \n*Disclaimer, these are things I have learned and noted down from some very wealthy individuals. I am very much still on my journey to financial freedom, however, plan on sharing my knowledge as I go along.\n \n \nRolls royce australia, rolls royce, how to make money australia, how to make passive income, how to get rich, make moneyRolls royce australia, rolls royce, how to make money australia, how to make passive income, how to get rich, make money\n1984 Rolls Royce Silver Spur in Richmond NSW, AU\n If you have any questions or would like more articles like this, feel free to comment below!  \n \nSummary:\n \n-Making money is largely influenced by time so it often will take a while to kick off\n-Investing can make a massive difference on your wealth down the line\n-Having more sources of income will definitely increase your chances of wealth\n-It doesn't matter how much you make if you spend it all\n-You need to find ways to earn more\n \nFind out how I make money here:\nhttps://www.aussiemoneyman.com.au/home/how-to-make-hundreds-more-per-week\n \n#wealth #money #investing #youth #entrepreneur #success",
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      "body": "![7-min.jpg](https://cdn.steemitimages.com/DQmek8vB8KaqPpA2p39V9k5nx1kdCXUJ6vfz8E8EUrNAg61/7-min.jpg)\nThere are hundreds of ways to make more money, but most are either piddly amounts or simply not achievable. Below are the actual ways I make money as an 18-year-old, though these apply to almost any age.   \n \nHaving a well-paying job:\n \nNow, wait, this may sound simple, dumb or too hard but it is (at least for now) the best way to start making more money.\n\nSure you can do extra work or go for a promotion but a high base pay sets you up well and this way you still have time for the other things I am about to get to. Finding a higher paying job can be as simple as jumping online and applying for over 50 well-paying jobs, most of which you aren’t even qualified for. This is what I did at 18 years of age and 6 months later I am was making over $2000 a week just from work. \n \nHaving investments: \n \nWhile I am a fan of the ‘fast lane’ i.e. starting a business and becoming wildly successful ASAP, I do think concepts from the slow lane can definitely be used here. This goes for investing; I personally have managed to invest a large portion of my income for 12 months now. A significant portion is in fact in P2P lending platforms (more here: https://www.nicholasgmuscat.com.au/home/p2p-lending-platforms-compared-australia), which is arguably hugely irresponsible, but I ask you consider I may infact know what I am doing. Other investments are in stocks and high-interest savings accounts. Due to the nature of compounding and simply not having a large starting balance, your income from this can start small. For me $15 a week, however, this now is about $30 and I expect it will continue to grow exponentially over time. \n \nParticipating in Market Research: \n \nThis is actually one of my biggest income sources after work. By doing 1-2 survey/study per week, which normally only takes up 3 or so hours of my time. I am able to make an average of an extra $200 a week. My favourite way to find these is to simply jump on Facebook and let them come to me via targeted ads. I find 3-5 a day that suits me just by scrolling through Facebook. It is a pretty good gig if you aren’t too concerned about the organisation breaking their privacy policy and selling your information to Russian hackers… \n \nCreating things: \n \nThis one is general but hugely important. This is where the entrepreneur within you can come out; this is writing EBooks and blogs, making YouTube videos, creating instrumentals or remixes of popular music, creating a Shopify store, Instagram influencing etc. These are just things I have done but I am certain there are 100s more that have not even occurred to me. Find a problem and solve it. Your solution is your product, all you have to do now is market it. This point also obviously extends to starting businesses. Now while I have started over 6 as of current, I can’t say I have reached a point where I am making a consistent income like I can with the previous points. However, if you are looking to move away from making within the ‘average’ ranges of a few thousand a week. You have to really consider starting your own business because statistics show your chances are much higher this way.  \n \nTeach/tutor: \n \nThis one is simple, but I have been making an extra few hundred a week by tutoring in areas I am skilled at for years and it has always been a good and easy source of income for me. If you can play in an instrument, dance, or are just particularly good at anything, you can probably get paid to teach someone to do it. \n \nBetween everything, I am able to make between 2300-2700 a week not hustling hard. What are you doing in order to make more money?\n \n If you have any questions or would like more articles like this feel free to comment below!  \n \nFind out how to save huge amounts in tax here: \nhttps://www.aussiemoneyman.com.au/home/5-ways-to-reduce-your-tax-significantly\n \nSummary:\n \n-At least for a while, having a well-paying job will be your biggest and easiest source of income\n-Investing your savings and other money is a great way to make a second source of income\n-Market Research may act as another source of income\n-Creating things yourself can reap large rewards in terms of ROI\n-If you have a skill and someone wants to learn said skill you can make money from it\n \n#wealth #passiveincome #income #Rich #money",
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      "body": "![7 (6)-min.jpg](https://cdn.steemitimages.com/DQma9PmdP7N2h8BCL5hhSMgrKzMd3858aZth8Wjg1Y7eHLy/7%20(6)-min.jpg)\n\nThe biggest issue plaguing our society when it comes to our financial stability is the huge taboo surrounding the discussion of anything money. Whether that be income, savings, debt, investments, super or absolutely anything else related to personal finance.\n \nToday I want to do something a bit different and delve into the taboo that is silence around finances and why it is such a problem.\n \nLet's begin with the biggest and most obvious issue. It leads to poverty, the inability for people to discuss their finances means more people remain without financial education and in poverty. Dr. Bruce Lipton attributes the number one reason that people are poor to their upbringing and this is not an unheard-of concept, check a great book by Robert Kiyosaki which covers this idea in depth. So how do we get around this if most people are and remain poor as a result of being brought up by equally uneducated (financially) and hence equally poor parents? The answer to this question is we talk about it. We get comfortable talking about finances, so we can learn and then consequently better our financial situation. This silence is what keeps the poor people poor and the rich people rich.\n \nLet's discuss a more specific example, the workplace. Dishonest employers love it when you enforce this taboo because it opens a massive opportunity for dishonesty surrounding your salary/rate of pay. If no one is willing to discuss their pay rate the employer could easily pay each person what they think is good and tell everyone to keep quiet about it. Resulting in massive pay gaps for people potentially doing the exact same job. This is just one of what I imagine are many potential exploitations. \n \nAnother may be more simple things that can have large effects on one’s financial situation Let us look at how much we pay for things, we could go our whole life’s being totally ripped off by our internet provider and not know it because we don't want to discuss it with othes. Fortunately, the internet has made this sort of issue much easier to manage as there is copious amounts of information online about certain topics such as power bills and phone bills but there still exists many where such information is so   easily fell upon. This may include water bills, school/university tuition, interest rates, insurance, etc. \n \nReserach from Suncorp supports this information citing that openness surrounding finances greatly helps people and particularly children develop a strong finanical education they otherwise would not have.\n \nThese sorts of disadvantages have so many more dimensions depending on whether this taboo is being extended to the home or between friends. Looking at a 2016 study by The University of the Free State, South Africa that surveyed about 160 financial planning students on their behaviours surrounding the discussions of their financial situations. More than 60% did NOT talk about their financial situation despite almost 60% agreeing that it should be talked about. And while most did talk about their finances with their family most did not discuss them with people outside their family with a dip in numbers when it came to discussions in the work place. Similarly, an Australian study by ME bank showed almost 30% of Australians do not like talking about their finances with 16% not talking to anyone about them and most only opening up to partners (64%), parents (27%) and friends (23%)\n \nSo, the conclusion here is that we should try to feel more comfortable talking about money and everyone who is trying to change their financial situation must become comfortable discussing their and others financial situations if they want to change it.\n \n   \nSummary:\n-There is a taboo surrounding the discussion of money\n-This taboo has negative effects on the financial situations of many\n-We should work together to talk about our finances and  break this taboo\n \n \nWondering how you can make more money? https://www.aussiemoneyman.com.au/home/how-to-make-hundreds-more-per-week\n \n \nInformation cited:\nhttps://www.mebank.com.au/news/sex-and-money-are-our-top-taboo-subjects/?r404=1\nhttps://journals.sagepub.com/doi/abs/10.1177/0950422216670065\nhttp://www.richdad.com/\nhttps://www.suncorpgroup.com.au/news/features/money-talk-is-still-considered-taboo",
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      "body": "Bad job? No, Too far away? Nope, A better offer? Not quite\n   \nFrankly the reason lies in the value of time. Sure, I could take the role and enjoy a comfortable $2500 a week from work alone.\nDeputy Prime Minister, Michael McCormackDeputy Prime Minister, Michael McCormack\nMe with Deputy PM, Michael McCormack \n \nBut the downfall quickly becomes apparent if you are a person who desires efficiency. Let's start by pointing out the main issue, a lack of potential growth. Sure, I could work my way up over time and end up on 150k or more, but this takes, you guessed it time. I am confident I can make my time more valuable and thus taking the job is simply selling myself short. Moreover, there is a ceiling with almost all jobs regarding how much you can make and this limits your earning potential.\n\nNext, it means a lot less free time and flexibility. Working full-time results in less time being available to do things that can make you money for a long time (passive income) as well as reducing your flexibility which is important when looking for new opportunities to expand your wealth or life in general. You become locked down.\n\nThis leads me onto my next point, this and the routine of it all would simply drive me crazy. As someone with the entrepreneur mindset, I need the ability to be flexible, always grow and to decide what I do on my own terms. The idea of it alone frustrates me.\n \n If you have any questions or would like more articles like this feel free to comment below!  \n \n*This post has gained a lot of attention recently and I would like to point out, I am not saying do not work, I am simply saying a FT job may not be best for you if you can afford to work part-time or casual and work on your own projects in your free time as I do.\n \nRead how I make money other ways here: https://www.aussiemoneyman.com.au/home/how-to-make-hundreds-more-per-week\n \nSummary:\n \n-Places a limit on the value of your time \n-Lack of time to create things that will create income for years (passive income)\n-It limits your opportunitys\n-A FT job can be unhealthy for someone with the entrepreneur mindset!\n\nhttps://cdn.steemitimages.com/DQmVaFFnkPTs9KCzmVjRPiifecYcKXCusKE21y97PetbZcS/46091609_2316206825276153_8825372179337052160_n.jpg)",
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