0121 31 45 374
Qoute Icon

Getting rich -is it as hard as it was?

Tim

Stacey and I were enjoying our last meal in Croatia last night when the subject of where we "go" next came up. I've never hidden the fact that I want to be wealthy, in fact I would imagine many who know me would go as far as it's what drives me. This is true in a sense however you will notice I used the word "wealthy" rather than "rich" or "loaded".

What many people seem to do is confuse what I mean when I say I want to get wealthy (or sometimes rich), I don't mean I want to have stacks of cash sitting in the bank or a huge number of shares under my belt, what I in fact mean is I want to enjoy myself, ok I need cash to do that but it's more important that I -and those around me- are happy.

Anyhow, I digress. As I was saying, Stacey and I were talking about how we were going to get our incomes to a level that would support the somewhat luxurious lifestyle we have imagined for ourselves when she said "The people with stacks of money have inherited it". This -in many cases- is true, people such as Paris Hilton for example haven't "done" anything to get the money, it has been -or will be- inherited.

That got me thinking, does that run true in today's society? Of course there are people who have inherited serious sums of cash but there are also a large number of self-made -and young- millionaires cropping up all over the place. A few that sprung to mind almost immediately are Bill Gates, Larry Page and Sergy Brin (the Google Guys), Richard Branson1, Sir Alan Sugar, The Bechams, Duncan Bannatyne, Peter Jones2 and more recently the plethora of web 2.0 start-ups that are getting sold off for millions.

1 Ok, I know many say that he was given a pretty good start by his father but you still have to have something to make it work

2 IIRC Peter Jones (from BBC's "Dragon Den"/ITV's "Tycoon") was also bankrupt a few years ago

So it got me wondering -disregarding those who were able to make a serious amount of money through "lucky breaks"3 in technology and successful "celebrities"- has the birth of the Internet made making large amounts money a whole lot more reachable?

3 Personally, I think it takes more than just being in the right place at the right time (which undoubtedly helps), I think you also need to be able to spot the opportunity and have what it takes to grasp that opportunity.

Liked this post? Got a suggestion? Leave a comment