Turn Your Passion Into Profit: Win the Money Game by Dr. Catrina

Not everybody knows this but, the game of money is rather simple. Rule Number One of the money game: It is not how much money you make, it is how much money you keep!  Rule Number Two: Keep excellent score - know how much is coming in and going out! Once you start adhering to rule number two, you will likely find that one of your biggest outflows is taxes. Many players would stop right there. There is not anything I can do about the tax man, right? Two things that are inevitable, death and taxes, right? Render unto Caesar what is Caesar’s, right? Well, the United States Tax Code does provide some relief, but not if you are an average, day-to-day, W-2 employee. But you dear reader are not day-to-day. You are not average! You are visionary! You are extraordinary! And you want to know, how do you fix this problem! The answer is relatively simple, like the game. You need a home-based business!

Business ownership opens the doors in the US Tax Code to over 475 deductions.  Business ownership starts you down the path of keeping more of the money you make. Business ownership plants the seeds of generational wealth, allowing you to leave a legacy for your children’s children and beyond. When you tell most people to start a business, you get excuses from them like, “I can’t afford it”, “I don’t know how to do anything people will pay for”, or “It’s too complicated”.  Let’s address some of those objections. 

“I can’t afford it!” It does not matter if you are talking about time or money, either way, you cannot afford not to do it! If you think time is your issue, the IRS says that you must spend at least 45 minutes per session for at least four sessions per week working in your business, for it to qualify as a business. That is around 3 hours per week. We waste more time than that keeping up with Facebook, Instagram, Snapchat, or TikTok. If you think money is the issue, we have already established you only get access to the 475+ tax deductions if you have a business. The tax code is taking more and more deductions away from the wage earner costing you more and more money. I think it is clear that you can’t afford not to do this.

“I don’t know how to do anything that people will pay for!” Everyone is passionate about something. If you are passionate about a topic, you probably know a good bit about that subject. It’s probably safe to say that you could provide people valuable advice and insights on that topic, consult with them about it. Do you think that might make you a consultant? Behold, you have just discovered what you can do that people will pay for!

“It’s too complicated!” Creating a business is as simple as 1, 2, 3! One, you need your name (you do have a name, don’t you?).  Two, you need your social security number (for tax purposes). Three, you need what you are going to do (re-read the answer to the objection above). That is all you need to start!

So hopefully, you already have a home-based business, or you have just started one. Congratulations!! The next step is to start truly living your life like a business and getting your money back. That is more than I can teach you in one article. I do have available to you all of the education you could possibly use on the subject. Go to www.buildingwealthwiththepullums.com and check out either the How to Start a Home Based Business Webinar if you need more help to get started, The Entrepreneur’s Academy if you are ready to catapult your business to the next level, or to do both check out the W.E.A.L.T.H. Ambassador Program. 

Don’t just play the money game, play to win!!

Learn about Dr. Catrina at www.pullcorp.com 

Twitter: @PullCorpMedia