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How the Rich Live
How do the rich live? We see them on television playing polo and living the high
life. What are they willing to endure to live that life? Who are these people? Why do they
skip the drudgery and pain of financial struggle that most seem to endure? They pay less
in taxes and earn more with seemly no effort. What are their secrets?
A better question is not „What do they know?„, but „What do they do?„. I work
with wealthy people. As a corporate manager I have for some time. My boss is worth 20
million dollars. His boss is worth 120 million dollars. How do I change my fortune to be
more like them? Well, my sense of fear has to go. These men have very little sense of
fear. This is a base observation. You can NEVER grow rich fearing loss or risk. People
become rich by being risk takers. Unfortunately this is the same personality that becomes
addicted to gambling. Rich BUSINESSMEN are gamblers and risk takers. This
personality is a critical piece of your persona if you expect to grow rich. Unfortunately
lots of schooling and high-paying jobs put you at the opposite end of the spectrum.
Executives make their living by being educated, cultured and working for security. While
these men do quite well, they will almost certainly never become wealthy. Their whole
lifestyle is contrary to the risk-taking mentality. One of the first characteristics of wealthy
people is they have a healthy attitude concerning risk.
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The other issue that the poor don’t seem to understand is the value of assets and