One of my earliest memories from my younger years was driving around wealthy neighborhoods with my father. Together we would marvel at the beautiful estate properties and talk about how he aspired to one day own one of his own. I remember asking myself, “How does a person make this much money?”, since my neighborhood was filled with only modest family homes. When I asked my father, he simply said most of these people own their own businesses. It was there that a deep conscious seed was planted that grew in to a desire to be an entrepreneur and gain the financial status I saw on those tours with my father.
To do so has required a constant focus on personal growth. The quickest way to achieve personal growth is through reading books. If you take a trip to your local book store or library you will find hundreds of books on personal growth, self-help or business that all apply to somebody looking to improve their skills in order to create more income and wealth. In order to achieve my goals, I prided myself on focusing on the diligent study of business, successful individuals, and most importantly the wealthy inhabitants of North America. Over my last 25 years of research into North American millionaires, I’ve found all of the top earners have gained their financial status in one of five ways:
- Inheritance:
Only 10% percent of North Americans have inherited their money, a trend that is decreasing every year.
- Entering a Top Tier Profession:
Becoming a doctor or a lawyer or an architect has in the past been an open door to improve financial status. These top occupations require hard work, talent, and dedication; all part of the recipes to success in any terms. The down side to this route? Over saturation, and being just one face in a very talented crowd.
- Become Part of a Large Corporation:
You can be highly paid, you can have stock options and bonuses, and if you stay with the company long enough, various perks. Being part of corporation means being one part of (an often successful) machine.
- You Can Win It:
One percent of wealthy Americans got that way by winning their money some way or another. As a matter of fact, the odds of you winning the lottery are the equivalent of lightning striking twice in the same place. They’re a billion to one.
- Start Your Own Business :
Starting your own business has been, and always will be, the high road to becoming wealthy. Entrepreneurship in North America offers more opportunities and opens more doors than all other possibilities put together. This is why it has been said that if you have the ability to start your own business or obtain equity in the company you work for, such as the Wish Group of Companies, and you don’t do it, you’re missing out on maxing not only your personal potential – but your wealth potential. As mentioned above, what I noticed about all of those beautiful estates full of all the wealthy people is that each and every one of them had a library or study full of books.