Achieving FIRE is something many people aspire to achieve – but these goals require a lot of hard work. It can be difficult to retire early when you simply work for someone else throughout your life, so many early retirees guarantee their independence through investments and by starting their own businesses.
Small business owner
Generally speaking, wealthy people get and stay rich because they make smart decisions with their money. They create a money making machine by purchasing assets, not liabilities. An asset makes you money, a liability costs you money. Successful people buy assets like real estate, fine art, and businesses. But what if you are not good at business?