There are only five ways to make money that I know of. You can:
1. Inherit it or marry it - if you are lucky enough
2. Obtain it illegally, either by theft or fraud, both of which are risky as well as unethical
3. Invest your savings - usually profitable, so long as you have the right financial skills, good advisors and plenty of patience
4. Work - but this won't make you rich without leverage
5. Go into business - which won't make you rich either, unless you know the right rules
John Paul Getty set out the basic rule of wealth creation in his book How to Be Rich: you must be in business for yourself. He made it clear that you will never end up rich if you are an employee. People who have amassed wealth through a business have always understood this. But there is more to the point than meets the eye, and this is the entire purpose of my blog:
" Going into business won't automatically make you rich, but it is the fastest way to achieve this goal - if you get it right!!! "
No comments:
Post a Comment