What up, people, welcome back to hindsight advice. Your prime podcast, where you get seasoned information on entrepreneurism, business, wealth, blockchain and crypto, lifestyle, relationships and much more. A home for critical thinkers, truth seekers, and people with Integrity. Let’s get into it! Today’s topic, Generating wealth: The employee versus the employer. Now, don’t get me wrong. Everybody is not meant to be a business owners. Some people shouldn’t be around owning a business at all, because quite frankly we’d all be in trouble. Money is simply an exchange of value. The be the problem you solve the more money you’re going to make. it’s real simple. I mean who works harder? The construction worker or the guy that owns the construction company writes the checks? the busboy or the restaurant owner that’s probably sitting at home enjoying dinner with his family while the busboy buses at his restaurant. Now don’t get me wrong, we all have to pay our dues and we all have to put in our work and earn our stripes. Nothing’s easy. Nothing comes for free. But.. it’s all about making smart moves not just working hard. As I’ve been saying for years, work smarter not just harder. And I know I know some people go when they say well, I mean that’s just wrong, the busboy slaving away and the guy that owns the business, he’s just collecting all the money, but who taught you guys going to think like that? I mean how hard is it to think of a business create a business? Bring that to fruition? Come up with the capital, all the legal expenses, contracts, attorneys, leases, rents, advertising, marketing, retargeting.. I mean the list goes on. Have you ever thought about what it actually takes to create and run a business? Those years of putting your feet to the ground and actually laying that Foundation to build with somebody had?
Take this into consideration. a Market research firm analyzed the state of the world’s ultra wealthy population, or those with a net worth of 30 million or more. The report, which is based on 2018 data, show that “muted growth” had surfaced in the number of ultra wealthy people that year, rising from 0.8% to 265,490 individuals. Of those folks 68% more self-made 24% had a combination of inherited and self-created wealth and only 8.5% of the global High net worth individuals were categorized as completely inheriting their wealth. In summary, they paid the cost to be the boss. This delusion that some people live under that they feel that they’re entitled to receive these exorbitant amount of monies is just because they went to the college and paid all that crazy ass amount of money for degree is just that, delusional. You’re only old what you actually go out there and earn. Everyone gets the same 24 hours a day and how you choose to use It is up to you. PRIORITIES. Your priorities determine your progress. Some people prioritize chasing the bag and going out clubbing and buy nice clothes and some people prioritize buying assets and things that appreciate, and planning for the future. Some people think short-term some people think long-term. Some people play chess some people play Checkers.
