G
Guest-5ty5s4
Guest
Hey all,
something has been on my mind a lot and that is the idea of multiple businesses.
You always hear about these investors and companies with portfolios of profitable companies just throwing off all this cash and making their owners rich.
My question is, how much of that is fact and how much is fiction?
If we think about owning shares of stock, obviously you can have the money system that does that to the tune of a few percent per year - maybe even 10% or so.
But I’m talking about outright business ownership with complete and total fulfillment of the Time commandment in CENTS.
Who has done it, who has seen it?
And is that exclusively reserved for the “investor” who already has millions?
Most of the time I have seen this done, it was through someone who already had a ton of wealth or liquidity from past hands-on activities or ventures. But I know there are people who do this with multiple operations somehow!
(edit: an example I know is of a 70 year old man who has owned a business most of his life and now has let it be run by his son in law. The man still collects a salary and still owns either 100% or the majority of the company but is no longer present, lives at his thousand acre ranch out of state.)
Any anecdotes or stories are welcome.
something has been on my mind a lot and that is the idea of multiple businesses.
You always hear about these investors and companies with portfolios of profitable companies just throwing off all this cash and making their owners rich.
My question is, how much of that is fact and how much is fiction?
If we think about owning shares of stock, obviously you can have the money system that does that to the tune of a few percent per year - maybe even 10% or so.
But I’m talking about outright business ownership with complete and total fulfillment of the Time commandment in CENTS.
Who has done it, who has seen it?
And is that exclusively reserved for the “investor” who already has millions?
Most of the time I have seen this done, it was through someone who already had a ton of wealth or liquidity from past hands-on activities or ventures. But I know there are people who do this with multiple operations somehow!
(edit: an example I know is of a 70 year old man who has owned a business most of his life and now has let it be run by his son in law. The man still collects a salary and still owns either 100% or the majority of the company but is no longer present, lives at his thousand acre ranch out of state.)
Any anecdotes or stories are welcome.
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