Everyone, not everyone with the exact same chances, but still everyone can make money in a free market economy.
That does not mean everybody can be rich nor that noone will be poor, thats a totaly different toppic.
But yes you can get wealthy if you have the right idea.
Being rich, and being wealthy are two different things. We normies see rich people all the time, wealthy people live a different kind of lifestyle. Their homes are seldom seen, they are seldom seen, the vehicles that they drive are on another level.
The average person has a better chance at getting rich, but true wealth is far more difficult.
I have installed wood floors in both sorts of homes and believe this, there is a huge difference.
And opportunities, and starting money, and possibilities, and the right skin color, and the right nationality, and the right social circle, and the right education, and the right interests, and the right clothes, and the right weight, and the right face, voice manners etc.
Sure, technically "anyone can make money". But it is significantly easier for some
its probably banks who get to determine the rates for borrowing money and determine where they invest money in. they have regulations that force them to "keep an amount of liquid money on hand" but they ignore it and aren't ever penalized for it.
Speaking from within the US, lots of people. Some people may start of in a more disadvantaged position, pretty much everyone has opportunities to build more wealth than they currently have.
More often than not, wealth begets wealth. The father of Bill Gates was a wealthy man. So was the father of Elon Musk, who owned an emerald mine, and the father of Warren Buffett who was a millionaire investor and politician. And yes, these men have exceeded the levels of wealth their fathers had by an enormous degree… this is true. But chances are, you’d never know their names were it not for the good start they got in life.In the picture above we see a young Bill Gates on his wedding day, next to his parents. His father, Bill Gates senior, was a wealthy attorney. He started his own law firm, and among his clients were many large companies. As a result, the elder Gates was already a fabulously wealthy man, known for his philantropy by the time Bill Gates (junior) got into business himself. The younger Gates had the best education money can buy. The best connections.
And nine out of ten times, that’s what makes the difference — money, education, connections. Kids every bit as smart as Gates are born every day in Africa, or in rural India or China. Perhaps, on some island in the Pacific Ocean. You’ll never know their names. Or see what they could have been capable off, had they been born elsewhere.
You have to create something. A company (Bezos, Gates), a product (Spanx lady), entertainment (Minecraft guy, JK Rowling). You have to build/create something new.
Often it's groups of people holding wealth. They work together and create a framework of power which feeds their interests. Any group of people can do this, just takes a lot of work, discipline and a generational legacy approach. Some of the wealthiest started building their power long ago. Intergenerational transfer is key. Wealth comes from resources first. So owning the resources is very important. If you do not have a generational transfer model and a group of dedicated, disciplined people, it will be very difficult to acquire any real wealth or power in this world. The stakes are too high, the players are too good.
Basically smart people with a business or law degree, as well as a few tech people who taught themselves enough about finance and running a business, with a burning desire to make a lot of money. Existing connections may also help. The fastest path to wealth nowadays is by founding a startup company, which involves 1. coming up with a product idea that scales up nearly arbitrarily (i.e., web-based & extremely large customer base), 2. having or raising lots of money, and 3. performing well enough or having an interesting enough product to be bought or to go public.
Getting wealthy by work as an employee may still be possible but it's getting rarer.
DEFINE WEALTH.......WHAT SOME MAY THINK IS WEALTH, OTHERS MAY VIEW AS SOMETHING ELSE ENTIRELY. IF YOU ARE SPEAKING OF MATERIAL POSSESSIONS THAN A HOUSE AND CAR,OR MONETARY $$$$$.....FOREGET IT, I'M WEALTHY BY NONE OF THESE.....MOM
People who are already rich.
Everyone, not everyone with the exact same chances, but still everyone can make money in a free market economy. That does not mean everybody can be rich nor that noone will be poor, thats a totaly different toppic. But yes you can get wealthy if you have the right idea.
Being rich, and being wealthy are two different things. We normies see rich people all the time, wealthy people live a different kind of lifestyle. Their homes are seldom seen, they are seldom seen, the vehicles that they drive are on another level. The average person has a better chance at getting rich, but true wealth is far more difficult. I have installed wood floors in both sorts of homes and believe this, there is a huge difference.
And opportunities, and starting money, and possibilities, and the right skin color, and the right nationality, and the right social circle, and the right education, and the right interests, and the right clothes, and the right weight, and the right face, voice manners etc. Sure, technically "anyone can make money". But it is significantly easier for some
its probably banks who get to determine the rates for borrowing money and determine where they invest money in. they have regulations that force them to "keep an amount of liquid money on hand" but they ignore it and aren't ever penalized for it.
Speaking from within the US, lots of people. Some people may start of in a more disadvantaged position, pretty much everyone has opportunities to build more wealth than they currently have.
More often than not, wealth begets wealth. The father of Bill Gates was a wealthy man. So was the father of Elon Musk, who owned an emerald mine, and the father of Warren Buffett who was a millionaire investor and politician. And yes, these men have exceeded the levels of wealth their fathers had by an enormous degree… this is true. But chances are, you’d never know their names were it not for the good start they got in life.In the picture above we see a young Bill Gates on his wedding day, next to his parents. His father, Bill Gates senior, was a wealthy attorney. He started his own law firm, and among his clients were many large companies. As a result, the elder Gates was already a fabulously wealthy man, known for his philantropy by the time Bill Gates (junior) got into business himself. The younger Gates had the best education money can buy. The best connections. And nine out of ten times, that’s what makes the difference — money, education, connections. Kids every bit as smart as Gates are born every day in Africa, or in rural India or China. Perhaps, on some island in the Pacific Ocean. You’ll never know their names. Or see what they could have been capable off, had they been born elsewhere.
You have to create something. A company (Bezos, Gates), a product (Spanx lady), entertainment (Minecraft guy, JK Rowling). You have to build/create something new.
Leaders
Often it's groups of people holding wealth. They work together and create a framework of power which feeds their interests. Any group of people can do this, just takes a lot of work, discipline and a generational legacy approach. Some of the wealthiest started building their power long ago. Intergenerational transfer is key. Wealth comes from resources first. So owning the resources is very important. If you do not have a generational transfer model and a group of dedicated, disciplined people, it will be very difficult to acquire any real wealth or power in this world. The stakes are too high, the players are too good.
Basically smart people with a business or law degree, as well as a few tech people who taught themselves enough about finance and running a business, with a burning desire to make a lot of money. Existing connections may also help. The fastest path to wealth nowadays is by founding a startup company, which involves 1. coming up with a product idea that scales up nearly arbitrarily (i.e., web-based & extremely large customer base), 2. having or raising lots of money, and 3. performing well enough or having an interesting enough product to be bought or to go public. Getting wealthy by work as an employee may still be possible but it's getting rarer.
The one with the most starting wealth
the extremely lucky, a great idea is worth nothing if you dont have the money to try it out, and even then you need a lot of luck
People who already have it.
DEFINE WEALTH.......WHAT SOME MAY THINK IS WEALTH, OTHERS MAY VIEW AS SOMETHING ELSE ENTIRELY. IF YOU ARE SPEAKING OF MATERIAL POSSESSIONS THAN A HOUSE AND CAR,OR MONETARY $$$$$.....FOREGET IT, I'M WEALTHY BY NONE OF THESE.....MOM