Quote:
Originally posted by Dawgy
thats definitely a good book, and while i agree with the authors almost 100%, its interesting to note #7:
"7. They chose the right occupations."
that kindof negates a lot of everything else the book says. of course if you choose the right occupation you can become a millionaire. it doesnt matter how you live your life, how frugal you are or how flashy you are, etc... its a lot easier to become a millionaire as a doctor than it is as a teacher, for example.
i think most of the time, those who consciously chose an occupation because of its wealth generating potential are more likely to become wealthy. no one goes into teaching with the aim of living frugal and retiring a millionaire. they go into teaching because they love teaching.
just my and observations
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That's just what I was going to say...
You can ignore 1-5, but if you've got
6. They are proficient in targeting market opportunities.
and
7. They chose the right occupations.
You don't really need anything else.