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How much do you earn?
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I don't like discussing that with other people, but it's enough to keep me squishy.
What I would like to hear about is with all of the money that you're making, what are you doing with it to create some positive changes that help others that are not so fortunate. In your, city/town, State/Provence, or country?
How are you as an individual contributing to making a positive and meaningful difference in this world?
Just curious....
Good idea - take the bull by the horns and start another thread. This one's about how much money people earn.
But if someone contributes allot of money so that it helps the community in the way of charities and and such and then tells about it, isn't that plain out bragging?What I would like to hear about is with all of the money that you're making, what are you doing with it to create some positive changes that help others that are not so fortunate. In your, city/town, State/Provence, or country?
How are you as an individual contributing to making a positive and meaningful difference in this world?
Just curious....
This whole thread gives people the chance to brag about their earnings.
I'm 15, I make diddly squat. But I am starting my own app business, right after I finish learning Objective-C and Cocoa, then actually finish coding the apps. Not expecting it to make me a millionaire, but I hear you can make a living off of it, so by 15 year old standards I'll be rich
I do plan to be a multimillionaire in the future though.
I do plan to be a multimillionaire in the future though.
No you cannot. Only he will be a millionaire, he called it. It's like calling shotgun for the front seat of the car.
Plus, what fun would it be if we all made a million dollars?
Many think of it, but few actually do any sufficient work to accomplish it.
Most people think "I wish I was rich, I could buy this and do that..." but then just go on with their lives as normal.
But you'll find that if you actually do something to get rich, i.e. start a business, you're a lot more likely to actually accomplish it.
i work at subway. nuff said, but im only 17 too. and im happy i atleast have a job in todays times
SO SO TRUE!
I think a lot of people know, from seeing others, the media, or relatives, that truly getting ahead is to be self employed and have a successful recession proof business. The big story of success often relates to passive income, like owning rental property, having people buy a franchise product from you that is so well known it does not need local advertising, or having people work for you.
Instead of being a doctor (our family doctor lost everything with a large clinic in this recession), the people who really get ahead from what I have seen may own a boring franchise, have a well distributed t-shirt company, or something that usually sounds mundane.
There are too many doctors, MBAs, or lawyers from top tier schools, if not paid well enough to cover their gigantic student loans or the expensive equipment/furniture/clothing/image and staff if are really cash strapped most of their adult lives.
It's the guy who owns a 7-11 dispensing gas, cigs, and booze or the guy who makes pet food cans that ends up ahead in the world most of the time. They didn't have to work their butt off to get into Harvard and don't have to wear suits that cost thousands or drive a Bentley.
But sometimes there are businesses that defy common sense and still do well in these times like a small very high end women's shoes and sweater shop that has outlasted its big neighbors, I. Magnin, Saks, and other high end retailers who couldn't make it in the mall. One boutique bookstore, which only charged full retail, and then only got very expensive obscure books which most people would not want to buy (not me or anybody I know at least) did so well they bought a neighboring restaurant in the mall, and eventually now own all the land the 100+ businesses in the mall rent from.
There is no 100% percent guarantee of who makes it to becoming financially independent, but they have almost always been self employed business owners and rarely, possibly never, from a person who worked for somebody else. We all hear about that big AIG exec who got a golden parachute, but do you know any? You could count these people on your hands and toes, maybe.
But in every town, there is somebody with a mundane business who is a millionaire several times over. In my town, the richest person I know of sells hay and feed, and he didn't have to follow in his poorer father's footsteps as an M.D. He wears a cowboy hat, donned a southern accent (even though we are up north), and doesn't have to act like some yuppie who has an image but little cash in the bank.
If I look at my family, extended family, and close friends, it's the ones who didn't go to college, but started a business (in my family's/close friend's cases a toner/ink jet entrepreneur, house fixer upper person who owns a satellite tv business on the side having only himself as employee, slum lord (what do you call them in a nice manner?), the tin can maker, a person who sells one of kind watches from his home, a person who sells smelly old American vintage guitars from his home, and an angry plumber who got tired of working for dad's plumbing empire). These people could quit working today and have enough money for themselves, their kids, and their grandkids and none of them would ever have to work a day in their lives. It's not the millionaire category they are in but then 10-100s of millions category they are in. Basically Paris Hilton money, but with a low profile.
I earn enough to have purchased an iPad (3G)....but I wish I earned enough to seriously bribe someone so everyone could have their 3G iPad TODAY instead of waiting until "late April"! Enough already!! Give us our iPads!!!!!!!!!!!!!!!!!!!!!!!
I think a lot of people know, from seeing others, the media, or relatives, that truly getting ahead is to be self employed and have a successful recession proof business. The big story of success often relates to passive income, like owning rental property, having people buy a franchise product from you that is so well known it does not need local advertising, or having people work for you.
Instead of being a doctor (our family doctor lost everything with a large clinic in this recession), the people who really get ahead from what I have seen may own a boring franchise, have a well distributed t-shirt company, or something that usually sounds mundane.
There are too many doctors, MBAs, or lawyers from top tier schools, if not paid well enough to cover their gigantic student loans or the expensive equipment/furniture/clothing/image and staff if they do break out on their own are really cash strapped most of their adult lives. It's the guy who owns a 7-11 dispensing gas, cigs, and booze or the guy who makes pet food cans that ends up ahead in the world most of the time. They didn't have to work their butt off to get into Harvard and don't have to wear suits that cost thousands or drive a Bentley.
But sometimes there are businesses that defy common sense and still do well in these times like a small very high end women's shoes and sweater shop that has outlasted its big neighbors, I. Magnin, Saks, and other high end retailers who couldn't make it in the mall. One boutique bookstore, which only charged full retail, and then only got very expensive obscure books which most people would not want to buy (not me or anybody I know at least) did so well they bought a neighboring restaurant in the mall, and eventually now own all the land the 100+ businesses in the mall rent from.
There is no 100% percent guarantee of who makes it to becoming financially independent, but they have almost always been self employed business owners and rarely, possibly never, from a person who worked for somebody else. We all hear about that big AIG exec who got a golden parachute, but do you know any? You could count these people on your hands and toes, maybe.
But in every town, there is somebody with a mundane business who is a millionaire several times over. In my town, the richest person I know of sells hay and feed, and he didn't have to follow in his poorer father's footsteps as an M.D. He wears a cowboy hat, donned a southern accent (even though we are up north), and doesn't have to act like some yuppie who has an image but little cash in the bank.
Well said. Sounds the same as what my father has been preaching to me since high school. "To be successful, you must be your own boss."
SO SO TRUE!
I think a lot of people know, from seeing others, the media, or relatives, that truly getting ahead is to be self employed and have a successful recession proof business. The big story of success often relates to passive income, like owning rental property, having people buy a franchise product from you that is so well known it does not need local advertising, or having people work for you.
Instead of being a doctor (our family doctor lost everything with a large clinic in this recession), the people who really get ahead from what I have seen may own a boring franchise, have a well distributed t-shirt company, or something that usually sounds mundane.
There are too many doctors, MBAs, or lawyers from top tier schools, if not paid well enough to cover their gigantic student loans or the expensive equipment/furniture/clothing/image and staff if are really cash strapped most of their adult lives.
It's the guy who owns a 7-11 dispensing gas, cigs, and booze or the guy who makes pet food cans that ends up ahead in the world most of the time. They didn't have to work their butt off to get into Harvard and don't have to wear suits that cost thousands or drive a Bentley.
But sometimes there are businesses that defy common sense and still do well in these times like a small very high end women's shoes and sweater shop that has outlasted its big neighbors, I. Magnin, Saks, and other high end retailers who couldn't make it in the mall. One boutique bookstore, which only charged full retail, and then only got very expensive obscure books which most people would not want to buy (not me or anybody I know at least) did so well they bought a neighboring restaurant in the mall, and eventually now own all the land the 100+ businesses in the mall rent from.
There is no 100% percent guarantee of who makes it to becoming financially independent, but they have almost always been self employed business owners and rarely, possibly never, from a person who worked for somebody else. We all hear about that big AIG exec who got a golden parachute, but do you know any? You could count these people on your hands and toes, maybe.
But in every town, there is somebody with a mundane business who is a millionaire several times over. In my town, the richest person I know of sells hay and feed, and he didn't have to follow in his poorer father's footsteps as an M.D. He wears a cowboy hat, donned a southern accent (even though we are up north), and doesn't have to act like some yuppie who has an image but little cash in the bank.
If I look at my family, extended family, and close friends, it's the ones who didn't go to college, but started a business (in my family's/close friend's cases a toner/ink jet entrepreneur, house fixer upper person who owns a satellite tv business on the side having only himself as employee, slum lord (what do you call them in a nice manner?), the tin can maker, a person who sells one of kind watches from his home, a person who sells smelly old American vintage guitars from his home, and an angry plumber who got tired of working for dad's plumbing empire). These people could quit working today and have enough money for themselves, their kids, and their grandkids and none of them would ever have to work a day in their lives. It's not the millionaire category they are in but then 10-100s of millions category they are in. Basically Paris Hilton money, but with a low profile.
Exactly right.
I read a good book about all this, called How To Get Rich, it's by Felix Dennis, who's a billionaire in US dollars as far as I know, and he basically says that to be rich, you need to be determined enough to keep starting new things if some stuff fails, and you need to make sure you learn from your mistakes during that time. He says anyone willing to take the risks and do that can get rich. It's just most people prefer to live "normal lives", and don't really care about money enough to risk what they already have. That's the only reason most people aren't rich - and it's a good thing too, else there'd be no one to work for the companies!
But schooling means diddly squat if you want to make your own fortune. You can teach business studies in a classroom, but you can't teach someone to be entrepreneurial, that's something the person has to want to do. This list is proof of that.
It doesn't mean you don't need to work hard at your business, though, it just means the conventional stuff doesn't really matter.
But, yeah, I plan to be successful that way.
SO SO TRUE!
I think a lot of people know, from seeing others, the media, or relatives, that truly getting ahead is to be self employed and have a successful recession proof business. The big story of success often relates to passive income, like owning rental property, having people buy a franchise product from you that is so well known it does not need local advertising, or having people work for you.
Instead of being a doctor (our family doctor lost everything with a large clinic in this recession), the people who really get ahead from what I have seen may own a boring franchise, have a well distributed t-shirt company, or something that usually sounds mundane.
There are too many doctors, MBAs, or lawyers from top tier schools, if not paid well enough to cover their gigantic student loans or the expensive equipment/furniture/clothing/image and staff if are really cash strapped most of their adult lives.
It's the guy who owns a 7-11 dispensing gas, cigs, and booze or the guy who makes pet food cans that ends up ahead in the world most of the time. They didn't have to work their butt off to get into Harvard and don't have to wear suits that cost thousands or drive a Bentley.
But sometimes there are businesses that defy common sense and still do well in these times like a small very high end women's shoes and sweater shop that has outlasted its big neighbors, I. Magnin, Saks, and other high end retailers who couldn't make it in the mall. One boutique bookstore, which only charged full retail, and then only got very expensive obscure books which most people would not want to buy (not me or anybody I know at least) did so well they bought a neighboring restaurant in the mall, and eventually now own all the land the 100+ businesses in the mall rent from.
There is no 100% percent guarantee of who makes it to becoming financially independent, but they have almost always been self employed business owners and rarely, possibly never, from a person who worked for somebody else. We all hear about that big AIG exec who got a golden parachute, but do you know any? You could count these people on your hands and toes, maybe.
But in every town, there is somebody with a mundane business who is a millionaire several times over. In my town, the richest person I know of sells hay and feed, and he didn't have to follow in his poorer father's footsteps as an M.D. He wears a cowboy hat, donned a southern accent (even though we are up north), and doesn't have to act like some yuppie who has an image but little cash in the bank.
If I look at my family, extended family, and close friends, it's the ones who didn't go to college, but started a business (in my family's/close friend's cases a toner/ink jet entrepreneur, house fixer upper person who owns a satellite tv business on the side having only himself as employee, slum lord (what do you call them in a nice manner?), the tin can maker, a person who sells one of kind watches from his home, a person who sells smelly old American vintage guitars from his home, and an angry plumber who got tired of working for dad's plumbing empire). These people could quit working today and have enough money for themselves, their kids, and their grandkids and none of them would ever have to work a day in their lives. It's not the millionaire category they are in but then 10-100s of millions category they are in. Basically Paris Hilton money, but with a low profile.
You obviously put a lot of thought and effort injto this. I am sorry to say that in the main your are wrong. Statistically, those with a college education are more wealthy by the time they reach retirement age than those without one. True, there are lots of wealthy business owners but there are lots of bankrupt ones too. I have known and worked with many multi-millionaires in the finance industry who were employees so its not impossible. Its all about the circles that you move in. Furthermore, having a degree does not stop you from owning your own business.