America was built by entrepreneurs, and they remain an essential part of the nation's financial health.
Using figures from the U.S. Small Business Administration, Forbes contributor Jason Nazar put the spotlight on just how important entrepreneurs are to the marketplace.
He outlined how there are nearly 28 million small businesses in the U.S., with more than half the employed population working at one.¹
"There are almost 28 million small businesses in the U.S. and over 22 million are self employed with no additional payroll or employees (these are called nonemployers)," Nazar said.
But going into business for yourself doesn't have to mean buying a brick-and-mortar location and hiring employees. In fact, by using proven investment strategies, you can generate significant income quickly and easily all on your own.
Sound too good to be true? It's not. The advantages of peer-to-peer lending can turn your entrepreneurial dreams into a reality.
Cutting through the complex
Starting your own business, or turning to traditional investments, such as the stock market, comes with a host of hurdles to clear.
High barriers to entry, a need for in-depth knowledge and experience, the hassle of obtaining funding from a bank – there are plenty of roadblocks to contend with as an entrepreneur.
But what if you were able to cut through the complications by becoming the bank yourself?
Private lending gives you the chance to earn high returns in a short amount of time and without prior expertise. Peer-to-peer lending can triple the returns you might see from traditional investments, and with many Americans, including other entrepreneurs in search of funding, the opportunities in this market are ripe for the picking.
Put yourself in the power seat
As George Antone says in The Banker's Code, it's banking professionals who have created the rules of the game.² Isn't it time you put yourself in the position of power by following their example?
For many entrepreneurs, securing a loan from a bank is often the first order of business. By becoming a private money lender, you essentially turn yourself into a bank, and are then able to reap the rewards bankers have been enjoying for generations.
Traditional entrepreneurs and investors are on the outside looking in. However, bankers are masters of not only understanding risk, but shifting it away from themselves. They know how to make money while taking on less risk, and use other people's money to generate high returns of their own.
The path of least resistance
Besides the chance to earn high returns from borrowers willing to a pay a premium for short-term capital, peer-to-peer lending also gives you the opportunity to go into business for yourself without spending exorbitant amounts of time, energy and money.
The simple truth is, starting a business isn't for the faint of heart. From securing premises to purchasing inventory to hiring workers – the list of costs and responsibilities goes on and on. Even worse, many businesses actually lose money for a long time before they begin to turn a profit.
On the flip side, private lending provides a simple, straightforward way to create steady cash flow with a minimal amount of time-commitment and responsibility. And better yet, the private lending strategies championed by George Antone and others have been proven to generate positive results.
Take control of your financial future
Entrepreneurs are the backbone of the American economy, but not all bright ideas are destined for success. In order to see the self-made wealth you're searching for, you need a proven game plan.
Now is the time to sign up for a free strategy session with one of our certified wealth strategy experts to learn more about how private lending can push your entrepreneurship into high gear.
1. "16 Surprising Statistics About Small Businesses," Jason Nazar, 2013, Forbes.
2. "The Banker's Code," George Antone, 2012, WealthClassesPublishing.