Using your time to get ahead...
Did you know that 92% of Americans are W-2 employees?
But what does W-2 mean?
It means there is some agreement to trade time for money.
Day in, day out.
Clock in, clock out.
Weekly or Bi-Weekly Paycheck.
While a W-2 position provides much perceived stability, it's not how wealth is built.
So what about the remaining 8%?
How do they earn their income if not as a W-2 employee?
You may have heard of 1099 income.
It's the first step to taking control of your future.
While the 1099 income doesn't provide the perceived stability of the W-2 income, as an independent contractor, the 1099 income has unlimited potential.
Real estate professionals are typically 1099 independent contractors.
While you do have to register your license with a broker, you are your own business.
If you are ready to start thinking like a business, watch this episode about investing your time rather than spending your time for money.