I’m currently reading and am fascinated by the book The Millionaire Next Door. First published in 1996, authors Thomas Stanley and William Danko describe the counter-intuitive habits of America’s wealthy as observed through their research.
Reading this book has reassured me that building wealth is possible for anyone regardless of their income level. In fact, the amount of income you earn has very little correlation to how financially wealthy you are.
Surprised?
Most interesting to me was the fact that although self-employed people are a minority of the general population, they make up a two-thirds majority of American millionaires. And of the self-employed millionaires, three out of four consider themselves to be entrepreneurs.
In other words: The majority of millionaires in America are entrepreneurs.
Did you catch that?
As creative entrepreneurs I’m sure you didn’t embark on this path for riches as much as for independence. The independence to work how you want, when you want, where you want. And financial independence lays the foundation to give you all of these things.
Building your creative business is about investing in yourself, for the long term, on your own terms.
A friend calls it working on your own start-up.
I call it daily life.
Learn more about how to build wealth through your creative business regardless of the income you’re bringing in by reading The Millionaire Next Door.
And know that you are one of the few and fabulous.
