Yeah, you’ve heard the saying, “It’s not about the money.”

Well, that would depend on what context you are using it in.

If you are suddenly broke or if your objective is to make as much money as you can, then yeah, it’s all about money because that’s what you are after.

But after a while people realize that they are simply trading their time for money. They realized that in order to make money, you have to spend time to make money.

That’s why sometimes it is important to remind ourselves what we are truly after. Is it the new car that you’ve always wanted, more time with your spouse or family, the new house that you dream of, the respect and fame that money will bring for you (and all the trouble that follows)?

Make no mistake - money is a common denominator, just like time.

Money is time, and time is money. Both can be traded (people do everyday, trading their time for money), both can be leveraged (investors leverage money and time for more money and time for themselves), both can be earned (sort of) and lost.

So, having that said, how can one make more money or time for himself?

Simple, you need leverage. You need a way to generate passive income, not earned income where you trade time for money.

You need a profitable procedure that can be performed by people other than yourself. And there are only two type of activities that I know of that can produce such desirable outcome - business and investments.

Many people confuse self-employment with being in business. If you find yourself trading time for money in your business, then you are most likely self-employed. You’ve just bought yourself a job.

Alternatively, you can be in the business of investing, where your time and money is highly leveraged. The simplest, least risky investment (and thus lowest return on your money) is putting your money in a CD or a savings account, where you allow the bank to leverage your money to make more money.

It sounds easy, but it isn’t. Because leverage goes in opposite proportion with return. The more you leverage your time and money, less return is expected (just like saying high risk yields high return), so it’s a game of constant improvement of your business process.

So, rather than debating whether it is or isn’t about the money, it truly is all about keeping the money, and making more with it.

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So think about your online business - do you have a profitable business model, a profitable and sustainable business process, one that can you out of the equation and replace it with someone else? Is the business model expandable? If you place two of you in your business, will the profit double?

Think about those questions for a moment and truly evaluate all the aspects of your online business… or perhaps you are still self-employed?

Instilling a successful mindset in the beginning is the first step to your financial and personal success.