Invest in yourself. Your career is the engine of your wealth.

Learn as much as you can about your proposed business. Ask questions. Join industry associations. Study successful competitors carefully.

Don't go into business with the sole objective of making lot of money. If you put service, quality, and customer satisfaction first-the money will follow.

A successful business is a good way to create significant wealth, but not every business will grow into a News Corporation or a McDonalds.

Be prepared for disappointment and frustration. Be persistent and bounce back even more determined to succeed.

Study the business you think you might like. Satisfy yourself that they will suit your needs. There are so many alternatives available - don't be too quick to choose. Just about any business can fail and any can succeed.

Personally, I tend to worry about what I save, not what I spend.