Want to Make Money and Get Rich? You’ll Need to Get This One Decision Right.

Hard work earns you money, finding the right financial professional is essential to growing your wealth. August 7, 2019 5 min read Opinions expressed by Entrepreneur contributors are their own. Entrepreneurship is the most likely way to become personally wealthy. You have the highest probability of becoming a millionaire or a multi-millionaire through your ownership in your business — which is the foundation that can potentially generate enormous wealth now and in the future. But, you guessed it, there’s a catch. Your ability to leverage your company to build significant personal wealth — as well as ensure both are legally protected as best as possible — is largely rooted in one fundamental decision you make: The financial professional you choose to work with. Related: 32 Proven Ways to Make Money Fast Let me be clear, I am not a financial advisor or wealth manager. Therefore, I’m not trying to sell you on my services or […]

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Is Your Accountant a Wimp?

Why your accountant actually wants you to pay more in taxes. August 2, 2019 5 min read Opinions expressed by Entrepreneur contributors are their own. I was a few years out of college working at a big accounting firm when I first realized just how much the industry liked to play it safe. I had just been asked to help a client that had been hit with a huge tax bill. While doing research I discovered a totally legal strategy that would’ve saved him six figures. My boss’s response? It felt too aggressive. They passed, so the client paid. In the years since, “feels too aggressive” is a refrain I’ve heard from accountants time and time again. For an occupation so rightfully focused on numbers, it’s incredible how often they make enormously consequential decisions on their client’s behalf based on their feelings. The result is that far too many people […]

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3 Reasons Entrepreneurs Should Raise Money — Even When They Don’t Need the Cash

Billionaire Bhavin Turakhia shares his belief on how an influx of outside money can take your thriving business to the next level. July 29, 2019 4 min read Opinions expressed by Entrepreneur contributors are their own. One of India’s most dynamic and successful entrepreneurs, Bhavin Turakhia, announced this week that he’s just raised a sizable investment round to grow his latest venture Zeta, which he co-founded with Ramki Gaddipatiin 2015. The investment from French facilities management company Sodexo now values Zeta at $300 million. It’s a strange thing for Bhavin to do because he doesn’t need the money and he has never raised investment for any of his previous ventures.  Bhavin, 39, has built multiple companies without raising any external investment. He started out as a teenager with just a $375 loan from his family and is now a billionaire with more than enough money to fund his own ventures. In a previous article, […]

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The Psychology of Money and Wealth with Ramit Sethi

Pat Flynn: So I like to mix things up here on the Smart Passive Income Podcast. This is a very different kind of episode, you’re going to be transported to the city of New York. I actually conducted a walking interview, through the city of New York, with a good friend of mine, Ramit Sethi. I was in New York for some interviews and to meet some people and some retailers, related to the SwitchPod. And I was there with Caleb and he said, why don’t we just try this thing? And so we did it, it’s a learning process. You’ll hear at the beginning of the episode, my mic was a little bit hot because I was holding it close to me. You’ll also probably hear how cold I was. I was losing my breath a little bit, because it was twenty-five degrees Fahrenheit. Which for me, being from […]

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Retired? Here Are 17 No-Cost Ways to Make Money on the Side.

Retired? Here Are 17 No-Cost Ways to Make Money on the Side. Retirees travel a lot, touring the world or seeing their children and friends. Those who live in big cities heavy in tourism or vacation destinations can rent out their houses, extra rooms or guest houses to travelers on Airbnb or a vacation rental site such as HomeAway. Joseph Carbone, a financial planner at Focus Planning Group based in Bayport, N.Y., said some of his retired clients “rent out their home for the whole summer. They use the rent they receive to pay their mortgage for the whole summer, if they have one, or use the income to help supplement their retirement.” You can make extra income by not only renting out your living space, but also renting out your driveway using sharing platforms such as Rover Parking, JustPark, Parklee, Panda Parking, Pavemint and CurbFlip. If you have a […]

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11 Best Websites for Freelancers to Find Jobs and Make Money

February 1, 2019 4 min read Opinions expressed by Entrepreneur contributors are their own. Whether you’re looking for another way to pay the bills, seeking more professional development opportunities or just love the freedom that freelancing offers, there’s no question that millions of people have discovered the benefits of professional freelancing. As trends like the digital nomad lifestyle grow in popularity, the number of freelance resources out there has increased as well. Related: Everything You Need to Know About Hiring a Freelancer There are plenty of guides for striking out on your own, but as a freelancer, getting higher-paying gigs isn’t just a matter of signing up on popular platforms. You’ll have to branch out, establish a great portfolio of past work and maybe even prove yourself through tests that showcase your skills. Here’s a list of 11 great sites to find work as a freelancer. Read_more Related posts: 5 New Ways to […]

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A Young College Student’s Plan to Change His Life

You can do a thousand and one things to make money. Most of the time, people just don’t know how to start out. They’ll just “come up with an idea” and run with it. And they have no clue if their business idea will actually work. Of course, there is always some uncertainty when starting a new business. This is why a majority of startups fail. But you can mitigate that risk by doing a few wise things. Pulling a business idea out of your derriere is the last thing you want to do. It takes observation and research. I’m going to tell you about a student I recently met who plans to do just that. 1. Find a Niche Nobody Has Filled This can backfire, of course. You could have found a niche nobody has filled and no customer would ever respond to. Then you really are wasting your […]

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10 Smart Ways for STEM Majors to Make Money on the Side

Many of us have had some good ideas for mobile apps, however few possess the valuable skills and follow through to build one. If you have a good idea for an app and a knack for designing things, then this could be a good way to make money on the side. First, you need a viable idea. To generate some, ask yourself: Which apps do you enjoy using the most? Do you like playing games? Which ones? Like with any new product, you want to research the competition, and if there’s a similar app that already exists, read the customer reviews to dig up ways to make yours better. (Rule of thumb: your app needs to solve a problem, and you need to have some understanding of who the app is for.) Next, you need the practical know-how to build an app with computer languages, such as SQL and Python. […]

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3 Easy Ways to Make More Money

Making more money doesn’t have to be rocket science. April 9, 2018 2 min read Opinions expressed by Entrepreneur contributors are their own. Everybody wants more money, but just saying that you want more money is vague and unhelpful. Instead, you need to have an idea of how much money you think you should make and a road map for how you are going to get there. In this video, Entrepreneur Network partner Brittney Castro breaks down three ways you can make more money in a way that’s not as difficult as you think. Then, you can use that extra cash to save, invest or spend however you like.  Click play to learn about how you can start making more money right now. Related: 5 Financial Moves You Should Start Making Right Now Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities […]

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17 Ways for Digital Nomads to Make Money

Programming code is highly skilled work, but it doesn’t require a lot of equipment and can be done from pretty much anywhere. Coding is detail-oriented and meticulous work. If you don’t have a knack for writing computer language for software, apps and/or websites, there is an abundance of free learning resources online, such as Code Academy (which offers classes in 12 coding languages, including JavaScript and Python, as well as markup languages HTML and CSS) and Udemy, where the classes aren’t free, but extremely affordable. Classes at General Assembly tend to run pricier, and the coding school offers one-shot classes and intensive six- to 12-week training sessions online and in-class for a cost ranging from $140 to $3,500. Coding is a general term. There are many different coding languages you can learn. For instance, JavaScript and HTML are common programming languages used for website development. The upside of programming from […]

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21 Low-Cost Ways to Make Money from Home

Cost: Zero to $3,500 (depending on whether you pay for training)Equipment: Computer and internet access Programming code is highly skilled work, but it doesn’t require a lot of equipment. If you have a knack for writing computer language for software, apps and/ or website, there is an abundance of free learning resources online such as Code Academy (which offers classes in 12 coding languages, including JavaScript and Python, as well as markup languages HTML and CSS) and Udemy, where the classes aren’t free, but they’re extremely affordable. Classes at General Assembly tend to run pricier, and the coding school offers one-shot classes and intensive six to 12 week training sessions online and in-class for a cost ranging from $140 to $3,500. Coders must be detail-oriented and meticulous. There is high demand for freelance coders, and much of the work can be done from the comfort of your home. Coding is a general term. There […]

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