Monday, May 12, 2008

'Children are natural entrepreneurs, because entrepreneurship is a human being’s natural state.'

Earn the income you want from work you love

Wealth is not an accident, avers Phil Laut (, author of Money Is My Friend ( ). Money exists to express your purpose and your values, he explains. “If you think that wealth will corrupt you, then you are corrupt already with little means to express this,” Phil reasons, in the course of a recent e-mail interaction with Business Line.
His definition of ‘financial freedom’ is simple. It is the result of being able to earn the income you want from work you love, says Phil. His book, which he self-published in 1979, ‘after rejections from a half dozen major publishers,’ has since sold ‘more than 4 lakh copies.’ It talks about ‘the four laws of wealth’ to describe the interaction between a person’s thinking and financial results. Specifically, the laws describe this interaction related to earning, spending, saving and investing — the complete spectrum of economic activity.


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