DD253 - Profits vs. Wages
Jim Rohn said wages make a living, but profits make a fortune. The difference between owning a job and building wealth through systems and leverage.
Jim Rohn said wages make you a living, but profits make you a fortune. This is one of the most important distinctions in business. Most people build a company that pays them a wage. They are the most expensive employee in their own business. They trade their time for money, and they call it entrepreneurship. Rohn's message was clear: if you want to build real wealth, you need to get beyond wages. You need systems. You need leverage. You need products, audiences, investments, and ownership that produce profits whether you are in the room or not. Wages are capped by your hours. Profits are capped by your thinking. The question is not how much money you made this month. The question is how much money your business, your assets, and your authority made without you having to personally earn it.