Inspired By CEO ·
There are three reasons for building a business more than to simply create an asset
- “To provide you with excessive cash flow” In the book How to Be Rich, J. Paul Getty states that his first rule is that you must be in business for yourself. He goes on to imply that you will never get rich working for someone else. One of the primary reasons people started so many businesses were that they had excessive cash flow from the other businesses. Normally, they also had the time because his businesses required minimal effort on the part. This allowed them to have the free time and extra money to keep investing in more and more assets tax-free.