Turning A Dream Into A Nightmare

To make money takes money, right? Or so many of
us have heard and believed for years. Thus, when
an individual seeks to open his own home business,
he first seeks a way to obtain that money that he
needs to make the money that he wants. The majority
of those in this very situation will take the
quickest route possible: straight to the bank. They
will borrow the money they need and in the process
risk items paramount to their ability to live, namely,
their homes. Across the country individuals risk those
things that they need the most, to establish a home
business. However, the successful home business owner,
the ones that end in the black every time, shun the
idea of borrowing money. Instead of drinking the
kool-aid of debt, they have discovered a way to pay
their way to success.

First and foremost, these individuals do not, under any
circumstance, borrow money. They understand that the
borrower is a slave to the lender, and thus in order to stay
free, they run far away from the shackles that bind so
many of their contemporaries. How do they do this? They
have a vivid imagination. They imagine the foreclosure
notice coming to their door via the postman, and they
imagine their family selling nearly everything they have to
keep the home they live in simply because they put their home
up as collateral against a loan so they could open their
own business. This image alone motivates them not to borrow
against their home or anything else important to them.

Instead of borrowing, these successful home business owners
establish their business slowly by growing only as far as they
can afford it. They pay for their business items with cash,
including inventory and supplies. When they pay in cash, they
purchase inventory and supplies much more carefully, because
they are using money that they have already worked hard for.
Thus they select their investments wisely. They also understand
that when they grow a business slowly, the business has time to
establish roots and thus longevity. They have the time to manage
it because it does not grow out of control.

Finally, if the dreaming-of-a-home-business individual cannot
afford to open his own home business with the cash he has on hand,
he keeps his dream but does not sacrifice his home to get it.
Instead, he transforms that dream into a goal, and he works all
that much harder at his present job to make the dream a reality.
Once he has saved enough money, then he begins investing in the
dream, the home business. At that point, the home business no longer
is a dream that may turn into a nightmare, but it's the beginning
of an end, with the end being the goal and the beginning being the
dream. The home business owner then has a reason to celebrate: he has
just opened his own business without any debt.

Home business owners across the country are sadly declaring bankruptcy
and moving their families to smaller homes or apartments because of
foreclosures. The home business does not have to be that same nightmare
for every home business owner. Let your home business turn into a dream
by paying off your debt and then paying for what you need with cash only.
Doing so will lead you to a much more successful and peaceful end.