WHY IS BECOMING ULTRA WEALTHY SO DIFFICULT?
Aug
25
2018
Peter Answers
Why is becoming wealthy so difficult?
Who said it is difficult? It is “Easy as pie.”
I was just talking to my step-son today about several opportunities I had steered him into over the years. He could have become a Billionaire with very little work, and without any investment. But “shudda-wudda-cudda” counts for nothing.
One of these many deals was when he was working with a credit rating outfit rating sovereign bonds. Sukkok Arab bonds [that complied with Sharia law and did not pay “guaranteed interest”] were about to become required investments for observant Muslims. He could have hired an Imam for almost nothing and set himself up as the certifying & rating agency for these bonds getting 2% for his efforts on the first tranche of 100 Billion worth of bonds. Easy as pie In another deal I told him to do, he could have bought European Rights to Dell Computers for one dollar. But he didn’t.
In my career I made many such deals -no investment-infinite returns. I wrote about many of them in my 1000 QUORA answers and in more detail in my books… But only a small number of people are willing to step out of their comfort zone & stop complaining —but to DO SOMETHING USEFUL & PRODUCTIVE…There are a dozen deals a day like this if you Think Like A Tycoon. (one of my 2 dozen books)
Getting super rich is Easy as pie. Most people (even those who read my books with plenty of ideas) do not follow my advice. Even if it means nothing more than showing up on time somewhere. My kid was like most people. 15 years later he still has a J.O.B. = Just over broke.
Category: Peter Answers
By P.T.
August 25, 2018
Source : http://www.petertaradash.com/why-is-bec ... difficult/