Over the past several months, I have discussed many of the disciplines that you need to embrace and put into practice in order to be successful in life.  Today, I want to take another approach that you may want to consider in determining what financial success you want out of life.  For this, you need to first determine your present "hourly rate."  If you know your hourly rate, multiply that figure by 2,000 - this is the number of hours that an entrepreneur or executive works normally each year in our society.  The math is simple: 40 hours a week multiplied by 50 weeks in a year.  Now, how much do you want to earn per year?  Take that amount and this time divide it by 2,000 and now you have the rate you must earn per hour to reach that goal.  If your goal is $100,000, then you have to earn $50 per hour for 2,000 hours to achieve this.  If you aren't making the $50 per hour, then what do you have to do to earn that amount?  Get a better education or skill?  Get into a different profession or make a career change?  Take the time to think about this, because only by giving it the necessary time will you be able to make the proper decision in order to achieve that financial amount or more.  If your goal is less, then just simply divide what you would like to earn annually to be happy and live comfortably, and divide that number by 2,000 and that will give you the amount you need to earn per hour.  What you make is up to you...how you do it is also up to you!  I use the "multiple streams of income" approach which works for me and I'll share this approach with you at a later date.  Good luck and don't make your financial goals too low...in your calculations, you need to consider your future retirement, education for your children, vacations, real estate purchases and many other things that are important or should be important for your future.

Gracias, 

John A. Flores, MBA - Author