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Updated almost 10 years ago on . Most recent reply
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Why Do you Care about being rich?
Most people I work with are not ashamed of the fact that they love to make money. I am so grateful that I am at the point in my life where I don't have to work with people I don't like. The people who invest with us and share deals are motivated, hard working, high integrity people who love to make money. They don't love it because they are are the type of people who sit around counting their funds or checking their bank deposits every week. They love it because with the abundance of money they are able to make a real difference in the things they care about. For many newer investors, financial freedom and the ability to leave their day jobs motivates them to invest. As you grow as an investor and make more money you will find that you don't stop once you replace your income.
For me the main focus that motivates me to continue growing my portfolio is creating grants/ scholarships and opportunities for hard working entrepreneurial young people who don't come from money but need backing to be able to explore their creativity and passion and create brilliant new products and services to help improve everyone's quality of life.
So…. assuming you don't want to make money for money's sake, I am curious to know why you want to become wealthy?Most Popular Reply
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my honest reason to why I want to make and aquire real wealth, is not for the sake of having the money. Don't get me wrong it's great to have the money. My underlying reason as to why I'm on here (bp) daily and asking the questions and working hard now is because with the wealth I seek freedom more then anything else.
Time has become something I cherish more now than Id ever realize I'd cherish it. With wealth I can have my time to do those things in life sooner rather then when I wait for a pension from my job. With my time aka freedom, I'd get to attend those camp trip with my son's boys scouts. Take my daughter to her soccer events. Watch my new born grow. Wealth we can accumulate but time is lost forever.
I hear some people like my parents say things like you have a good job that has pensions, and your in the union Yada yada. The problem is my time isn't mine, it's my Companies. 8 hours work 2 hours driving equals 10 hours 8 of which are the same pay no matter how much and how hard I work.
To have the ability to wake up and look to my wife and say let's go here today or there today, without having to worry about checking our bank accounts or having to be home in time to get sleep for work, is a super motivating factor for me.
with all that being said, it would be right not to give back. I would love to help and sponsor st judes children hospital out here In NY. Knowing I have 3 kids of my own that are healthy happy and vibrant, I want these kids in the hospital to have as much enjoyment in their lives as possible. So with my free time and excess of money I can and would do more to help that hospital.
So I guess you can say I want the ability to do what I want as I please and when I please with the time that's been given to me in this Planet.