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ls of schooling to enhance their professional abilities。 They study to bee engineers; scientists; cooks; police officers; artists; writers and so on。 These professional skills allow them to enter the workforce and work for money。
There is a big difference between your profession and your business。 Often I ask people; 〃What is your business?〃 And they will say; 〃Oh I'm a banker。〃 Then I ask them if they own the bank? And they usually respond。 〃No; I work there。〃
In that instance; they have confused their profession with their business。 Their profession may be a banker; but they still need their own business。 Ray Kroc was clear on the difference between his profession and his business。 His profession was always the same。 Me was a salesman。 At one time he sold mixers for milkshakes; and soon thereafter he was selling hamburger franchises… But while his profession was selling hamburger franchises; his business was the accumulation of ine…producing real estate。
A problem with school is that you often bee what you study。 So if you study; say; cooking; you bee a chef。 If you study the law; you bee an attorney; and a study of auto mechanics makes you a mechanic。 The mistake in being what you study is that too many people forget to mind their own business。 They spend their lives minding someone else's business and making that person rich。
To bee financially secure; a person needs to mind their own business。 Your business revolves around your asset col
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