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Two of my biggest business influences have been Andrew Carnegie and Warren Buffett. Buffett in particular has had an enormous impact on me.
The biggest lesson I learned from these two icons is simple. Hard work does not equal wealth.
You do not get wealthy from what you do. You get wealthy from what you own.
That idea raises an obvious question. If ownership is the goal, where do you start? For me, the answer was not ownership first, because I was too poor to buy ownership in anything.
It was cash first. Starting an agency is the jumping off point to ownership, because it created a vehicle for me to generate cash.
This is how it has worked for me, and I know it can work for you.
LFG |