Devoted to small businesses and those who run them

Wanna get rich?  I mean, isn't that why you're in business for yourself?

Okay, so maybe you actually started your business because you wanted to be your own boss, help others, fill a niche no one else has, or just because you love what you do.

But some extra cash for it would be a nice littler reward, too. 

I think the folks I know who are in business for themselves are split about 50/50 for why they are in business.  About half of them are doing what they love, and love that they are going it alone.  They thrive on being their own bosses, being able to make the rules and affect change in ways that large companies don't see.  Others I know are in business by themselves because they believe they can make a profit, take a bunch of deductions, build a business sky-high, and make a bunch of greenbacks.  Their plan, ultimately, is to get rich.  They assume that those on the other side, that don't have their money-focus and go-go-go attitude for building a fortune "just don't want it enough" and must live paycheck to paycheck.

Not so, says Money magazine.  They've pulled together a list of five myths about how the rich get rich, and stay rich, and it's got a lot more to do with love and smart spending than it does with throwing it all out there and getting in people's "faces" on a business level.

Here are their myths:

1)  You've got to have incredible charisma.  (Pish-tosh.  It's about evaluating people, they say; it's about making sure your staff is top-notch so you can work well together and build that biz.)

2)  You must be able to see into the future.  (Educated guesses are just that: guesses.  However, you do need to be able to see what's around you, what the trends are, what the weaknesses are in your area or company, and make changes...or keep what works best!)

3)  You've got to stick to your guns, no matter what.  (Forget that.  If there's a weakness and change is necessary, making those changes can possibly save your company -- and your fortune in the making.)

4)  You need to take big risks.  (Nope, sorry.  You need to take calculated risks.  You need to make wise investments.  And you need to know when to cut out what doesn't produce so that it doesn't drag you down, along with your profits.)

5)  You need a burning desire to get rich.  (Since when does a burning desire to have millions in the bank equal a good, strong work ethic or a passion for creating something of use to someone else?  I desire to win the lottery, folks.  But I also desire to keep the money I do have and watch it grow.  Which will earn me more: investing in a high interest savings account or spending the same amount on lottery tickets?  Hmmm...calculated risk.  Which are you willing to take?)