Creating Wealth - Starting A Business - REPOST!!

One of the most important basic steps for creating wealth other than education is to find a product the consumer needs that may not be readily available through an alternate avenue and to be able to deliver that product.  Although I mentioned education; that is not really needed in the beginning when you think of all the child entrepreneurs who have become vastly wealthy.  However, to maintain the wealth attained; further education is needed.

Let's think about this small aspect of starting on the road to wealth.  In any given neighborhood in the city, you have a stay at home mom or a grandmother who makes freeze pops or freeze cups to sell to the neighborhood children on a hot summer day.  Some even have the snow cone maker with various cup sizes and a large variety of flavors.  Now for the snow cones, you may want to check with your city's business licensing department to find out if you need any special licensing.  This is best done beforehand than to have to pay fines or have a profitable summer business halted.

But let's say you are an employee of academia America and since you do not have to work for 2 1/2 to 3 months during the summer, you want to supplement your income.  Now of couse, this is the prime time to work another job but why would you?  You have every skill set you need to be in business for yourself and provide a lucrative service to your community.  A teacher can tutor during the summer with the wherewithal to set their own fees and hours of operation.  Basically, they can manage every aspect of this type of employment. 

Since you may not get rich being just a tutor, it will allow you the opportunity to increase your income.  And then you decide to start a learning center.  With the proper business research such as start up costs, location, vendors and the demographic you intend to serve; you would definitely be on the way to becoming financially independent.