What is money? A child might say that its something rich people have and poor people dont. An engineer might go into a detailed and lengthy explanation, but we all know that money is what really makes the world go around.
In the business world, money is the definition of success or failure. Thats why its vitally important that every entrepreneur has a good understanding of money even if their business is still struggling to get off the ground.
Have you ever noticed that people who have a lot of money are magnets for more money? Ive listened to the gripes and accusations of onlookers who accuse them of being born with a silver spoon in their mouth among other things, but its more than that. The secret is that they UNDERSTAND money.
Financially successful people can spot opportunities to create more money in a heartbeat. They understand the money system and how it works. They know the magic of creating money. They have experience under their belt.
Understanding money is a key ingredient to becoming someone who has money, and fortunately its getting easier instead of harder to do just that. Think about it. A checking and savings account...
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