Personal Development for Smart People Forums - View Single Post

jacare · 10-10-2009, 07:52 AM

As I've mentioned here, I have a software company. It's successful, and it's been an arduous ride. In my travels, and in my business, I've made it a point to regularly consort with multimillionaires. And I've made a study of them because I intend on being one myself.

Most millionaires are very smart. And most are very generous, many donate money and other things because they know it's part of the wealth program. It simply works to increase your wealth to donate a part of it. But my point is this: In business, your job is to create advantage for yourself. Be wary of business with millionaires because they are very clever, and have paid their dues. There are win/win situations of course, and you can strive for that. But if you are not careful, you can get fleeced, as I have on at least two occasions before I wised up. Now there are many millionaires who are not active in business, but who own a portfolio of stocks, bonds, real estate, etc. and this does not necessarily apply to them. But when you are on the side of the transaction with the bulk of the cash, you are at a distinct advantage.

So, in summary, millionaires are just people like anybody else. But when it comes time for contracts, be very careful, not many people got wealthy being dumb.

10-10-2009, 07:52 AM	#47 (permalink)
jacare Senior Member Join Date: Aug 2009 Posts: 356	Wealth and Business As I've mentioned here, I have a software company. It's successful, and it's been an arduous ride. In my travels, and in my business, I've made it a point to regularly consort with multimillionaires. And I've made a study of them because I intend on being one myself. Most millionaires are very smart. And most are very generous, many donate money and other things because they know it's part of the wealth program. It simply works to increase your wealth to donate a part of it. But my point is this: In business, your job is to create advantage for yourself. Be wary of business with millionaires because they are very clever, and have paid their dues. There are win/win situations of course, and you can strive for that. But if you are not careful, you can get fleeced, as I have on at least two occasions before I wised up. Now there are many millionaires who are not active in business, but who own a portfolio of stocks, bonds, real estate, etc. and this does not necessarily apply to them. But when you are on the side of the transaction with the bulk of the cash, you are at a distinct advantage. So, in summary, millionaires are just people like anybody else. But when it comes time for contracts, be very careful, not many people got wealthy being dumb.