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Thursday, October 2, 2008

The Ten Roads to Riches by Ken Fisher


1. Start a successful business—the richest road!

2. Become the CEO of an existing firm and juice it—a very mechanical function.

3. Hitch to a successful visionary’s wagon and ride along—it’s high value-added.

4. Turn celebrity into wealth—or wealth into celebrity and then more wealth!

5. Marry well—really, really well.

6. Steal it, legally—no guns necessary!

7. Capitalize on other people’s money (OPM)—where most of the mega-rich are.

8. Invent an endless future revenue stream—even if you’re not an inventor!

9. Trump the land barons by monetizing unrealized real estate wealth!

10. Go down the Road More Travelled—save hard, invest well—forever!

All these roads aren’t for everyone, but at least one can be right for everyone who really wants to be wealthy. There are some people who went down one road successfully and switched to another, but most wealthy people travel one road their whole lives, happily.

Becoming rich usually means doing good and often living an exciting life. You’ll see this beneficent effect repeatedly in people who changed the world for the better: Doing good while getting rich and enjoying their lives.

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