User Power
Value/Post Ratio
62%
- Mar 18, 2011
- 857
- 532
One reason MJ, and other "knowlegable" entrepreneurs like him, are providing a great benefit for society, and we should all thank him and them for it, and yes buy their books ; is outlined in the synopsis of the article I have just read. Although, these comments do not represent all of the wealthy individuals out there, in my experience, it does reflect the opinions of most of the ones I have conversed with.
Steve Mariotti: Raising Owner-Entrepreneurs Would Solve Youth Unemployment, Spur Growth, and Rescue Low-Income Communities
"This is how fortunes (and jobs) are created -- an entrepreneur starts a business, sells some or all of its ownership, and uses the resulting capital to start and build other businesses that he or she can sell in the future, creating more capital. Workers, on the other hand, spend their lives selling only their time for hourly wages, or perhaps a salary.
Disadvantaged youth are seldom let in on this secret to wealth creation. I once asked a leading venture capitalist and philanthropist, who has donated millions to helping low-income children attend private schools, "What about teaching kids the ownership skills that made your fortune, so they can become financially independent?" He responded, only half-jokingly, "But then who would do the work?"
--So I would like to thank MJ for taking the time to pass on his knowledge and experiences; teaching people valuable lessons that can improve their lives and make an impact; because a great many legitimate wealthy people that could, won't and don't!
Steve Mariotti: Raising Owner-Entrepreneurs Would Solve Youth Unemployment, Spur Growth, and Rescue Low-Income Communities
"This is how fortunes (and jobs) are created -- an entrepreneur starts a business, sells some or all of its ownership, and uses the resulting capital to start and build other businesses that he or she can sell in the future, creating more capital. Workers, on the other hand, spend their lives selling only their time for hourly wages, or perhaps a salary.
Disadvantaged youth are seldom let in on this secret to wealth creation. I once asked a leading venture capitalist and philanthropist, who has donated millions to helping low-income children attend private schools, "What about teaching kids the ownership skills that made your fortune, so they can become financially independent?" He responded, only half-jokingly, "But then who would do the work?"
--So I would like to thank MJ for taking the time to pass on his knowledge and experiences; teaching people valuable lessons that can improve their lives and make an impact; because a great many legitimate wealthy people that could, won't and don't!
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.