01 Sep A Few Principles

It doesn’t make any sense to work hard and diligently for several years or longer, sacrificing family time and living your life in anticipation of financial freedom when, in the end, you lose everything because you didn’t know at the beginning how to prepare yourself to keep what you’ve worked so hard to build, grow your wealth so it continues to provide sufficient passive income, and balance your life so you can stop running and use what you’ve worked so hard to attain … your time … to benefit your life, the lives of your loved ones, and the lives of others who would welcome your kindness and support.

You have the choice, of course, of living your entire life as an entrepreneur, but you also have the choice, as expressed in previous chapters, to dedicate your life to other rewarding interests. 

There is no question that you will be successful as an entrepreneur when you follow the principles in this book, however, you must also guard yourself against becoming a victim of your own success, or, possibly neglecting to secure your wealth so you can retain the financial freedom that was the main purpose of building your wealth in the first place.

As mentioned before, it’s not hard to find stories about very wealthy people who either weren’t paying attention or made bad investments and saw all their wealth go down the drain. Nobody thinks it will happen to them, but it does. That’s why it’s important to read these next three chapters carefully because they will provide insight into how you can protect your wealth, increase your wealth, and enjoy your wealth once you have it.

You can save yourself a lot of pain and heartache by avoiding three predictable mistakes. Being forewarned is forearmed, and this way you can begin now to think about your exit plan so when the time comes you’ll be able to step into your new life smoothly, easily, confidently, and knowledgeably with a plan about how you wish to live the rest of your days.