Luck is the Key Ingredient to Wealth
The truth is, they have no clue as to what their readers are going through. They don’t understand how they think or what their problems are.
It’s absurd to think that any single solution will fit all situations.
One of these books or seminars could plant the right idea or provide the motivation someone needed at just the right time, but when it works, it’s just luck.
Getting Rich off Good Genes
Some people are talented. They are born to sing, play golf, basketball, soccer, or perform some activity at a level only the very best can achieve.
Compensation comes in the form of massive fortunes. They naturally work endlessly to perfect their art as if there was nothing else to do. Their fans quote, cherish, and idolize them in droves.
Luck was still a significant part of their success. Luck created their genes, gave them endless motivation, and made them the best and not second best. As luck would have it, there can only be one.
Generational Wealth vs. Business Savvy Billionaires
Let’s not forget the ones who got rich from generational wealth. Their fortunes were provided thanks to luck as well. Having been born into wealth certainly has nothing to do with merit.
What about the super fortunate? How did they do it — the billionaires like Bill Gates, Elon Musk, Jeff Bezos, or even Carl Icon?
There is something different about business billionaires. They, for the most part, are not talented, they did not inherit their wealth, and luck played a part — but a seemingly smaller one.
It would be hard to argue that they are not intelligent, but intelligence has little correlation to success.
What is it about the business billionaires and millionaires that allow them to acquire 10, 100, 1000 times more money than a middle-class, white-collar worker?
The answer is that the economy empowers business owners to amass wealth. The economy is driven by the debt products of the banking system. The banking system drives up the price of assets like the shares of the companies owned by the billionaires and millionaires.