Why Build a Business?
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.
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What Is the Price of Becoming Rich?
Inspired By CEO ·
1. You can become rich by marrying someone for his or her money.
And we all know what that price is. Some people say this like both men and women marry for money, but can you imagine spending your life with someone you don’t love? That is a very high price.” It also one very effective way to get rich.
2. You can become rich by being a crook, a cheat, or an outlaw. People say, “It is so easy to become rich legally. Why would people want to break the law and risk going to jail unless they really enjoyed the thrill of it all? To risk going to jail is much too high a price for me. I want to be rich for my freedom, so why risk going to jail? I would lose my self- respect. I could not face my family and friends if I were doing something illegal. Besides, I am a bad liar. I have a poor memory, and I could not keep track of all my lies, so it is best to just tell the truth. Read more
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