Strangely enough, my grandparents' children, that is, my aunts and uncles, all run businesses that can make money.
Is there some kind of secret?
In China, there aren't many families with high assets; for example, there are not more than 200,000 households with 5 million without loans and investable assets.
But I estimate they have all reached that level.
I think the secret lies in having a strong desire for wealth during the process of making a living, which is key.
Living at the bottom for a long time actually exposes you to many opportunities, so skills multiplied by exposure multiplied by luck equals success.
Three variables:
1) Luck is very fair;
2) Skills are also quite fair for ordinary people; in fact, those who have struggled in society for a lifetime have skill levels that are not weaker than a PhD in an office;
3) Exposure is a completely different story. My uncles are among the most driven individuals I've seen regarding their desire for wealth; this group has done exceedingly well, and their common trait is: they are always thinking of ways to make money.
Every time I meet these people, they are always thinking of one way after another to make money; if they aren't making money, they are on the road to making money.
Is there some kind of secret?
In China, there aren't many families with high assets; for example, there are not more than 200,000 households with 5 million without loans and investable assets.
But I estimate they have all reached that level.
I think the secret lies in having a strong desire for wealth during the process of making a living, which is key.
Living at the bottom for a long time actually exposes you to many opportunities, so skills multiplied by exposure multiplied by luck equals success.
Three variables:
1) Luck is very fair;
2) Skills are also quite fair for ordinary people; in fact, those who have struggled in society for a lifetime have skill levels that are not weaker than a PhD in an office;
3) Exposure is a completely different story. My uncles are among the most driven individuals I've seen regarding their desire for wealth; this group has done exceedingly well, and their common trait is: they are always thinking of ways to make money.
Every time I meet these people, they are always thinking of one way after another to make money; if they aren't making money, they are on the road to making money.