How to Become Wealthy: Low Risk Strategies to Start a Business and Build Wealth (Read PDF)

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ISBN 9781329785311

Edition second edition

published February 27, 2016

language English

file size 427,74 KB

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Category: Business Economics
Author: Charles G. Spender
English
Format: EPUB
Size: 427.74 KB
Pages:
Date: February 27, 2016

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This book explains why the only way to get rich, to get lucky. Self-employment also requires luck. For example, a moderate and limited there is a correlation between IQ and income, but there is no correlation between IQ and net worth (or self-employment). These data suggest that wealth is either the result of chance, or has to do with mental abilities, are not related to IQ (for example, entrepreneurial talent). The latter explanation also includes luck, because one can neither learn, nor earn talent. The correlation between hard work and income is weak and limited. Higher net asset value correlates with fewer hours worked per year. Thus, it is a good idea to pay for advice on how to become rich or how to start a business. In addition, the book discusses some approaches with a low level of risk to start a business and create wealth, but this information does not guarantee anything because of Lady Luck.

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