Mika
VIP Contributor
Most of the billionaires you see today are first-generation billionaires and self-made billionaires. They did not have billionaire parents, they did not acquire a fortune, they created wealth on their own. So, what is the common skill all of these billionaires have that made them super rich?
Well, the answer is they knew how to compound the money they were making.
The key to becoming super rich is not how much money you are actually making, the key to building your wealth is to have the knowledge and skills to compound it.
Warren Buffet made a few bucks here and there by doing different odd jobs and then started using his earned income to invest in the companies. Elon Musk first made money by selling a video game he created, he then used the money to create another business, sold his business to build another business, and continued to compound their income.
You need to know how to compound money.
Well, the answer is they knew how to compound the money they were making.
The key to becoming super rich is not how much money you are actually making, the key to building your wealth is to have the knowledge and skills to compound it.
Warren Buffet made a few bucks here and there by doing different odd jobs and then started using his earned income to invest in the companies. Elon Musk first made money by selling a video game he created, he then used the money to create another business, sold his business to build another business, and continued to compound their income.
You need to know how to compound money.
