Make more money and get out of the rat race

In a recent article, I talked about the rat race.  I discussed what it was, how to know if you are stuck in it and how to get out of it.  Most people end up stuck in the rat race at some point in their lives.  In order to get out of it, they go into a desperation mode of trying to save as much money as they can.  This is one strategy for getting out of the rat race but it’s not very fun.  Another strategy is to make more money.

Make more money

Like many people, you may have forgotten about the option to make more money.  You may assume that it is too difficult and that it takes up too much time.  You may be thinking  about working additional jobs to make more money, but have you thought about starting a business?

Don’t worry.  I’m not going to lie to you and tell you that it is easy to start a business.  I’m not going to tell you that it doesn’t take a lot of your time.  But if you start and grow your business right, it can have a lot more leverage to get you out of the rat race than an additional job.

Most people prefer the extra job for the guaranteed paycheck.  You work…you get paid.  With a business, you may work, but you may not get paid.  And this could go on for some time.  Jobs are about wages while a business is about profits.  In the beginning, the wages may seem like the best option.  But if you have long term vision, you can see that “profits are better than wages” (Jim Rohn).

How to make more money

How do you make more money with a business?  There are many resources to help you get started in business.  I prefer online business to brick-and-mortar when you are just getting started.  Here are some free books you can read for online business ideas…

Read as many of these books as you have time for.  They all provide valuable information to help you make more money and get out of the rat race.