Unpopular Opinion: Your Work Will Never Make You Rich.
It's how you invest the fruits of your labor that will make all the difference.
You want to make a lot of money and become rich. I don't know you, but I assume that this is one of your goals in life. If I can be so affirmative, it is because a majority of people have this goal. The rise of the Internet has made this even more accessible than before.
Besides, the great successes that make people dream are exposed on the Internet in a way that was not possible before.
As a result, not a day goes by without you reading stories of people who have achieved great financial success. This naturally attracts you, because this is what you want to achieve as well. These stories are often written to show you that anything is possible for you too.
Working hard for a long period of time is essential, but it is not enough to become rich
After all, these people were just like you and me. They are ordinary people who "suddenly" experience extraordinary success.
“Suddenly" is in quotes here, because while this success may seem overnight to those who read these types of stories, it actually takes a lot of effort. In life, nothing is overnight, except for those who patiently build their success for years in advance.
So you will work hard in your field to earn a lot of money and become rich.
Unfortunately, after a few years, you will realize that your work will never make you rich. You may be able to earn enough money to live a comfortable life, but you will never have the financial wealth that you can aspire to.
This is not a popular view, but there are plenty of examples to support it.
Celebrities like Bono and Jay-Z have become immensely wealthy because of the way they have invested the fruits of their labor
You all know Bono, the leader of the band U2. His real name is Paul David Hewson, and today this music star has an estimated fortune of over $700 million. You might think it's normal for a singer whose band has sold 175 million albums around the world to be so rich.
In reality, it is not at all. Many hugely successful singers have a much smaller fortune than Bono.
If Bono has such a fortune, it is above all because he understood that it is not with his work that he would become rich. It is by investing the fruit of his work in an intelligent way that he could make it grow. So Bono created an investment company that invested early in Facebook, for example.
With this one investment in Facebook, Bono earned more money than he did with his entire successful professional career.
Bono's example is far from unique. The rapper Jay-Z has also sold millions of albums. However, more than 90% of his estimated $1 billion fortune comes from his music business. He too has become immensely wealthy by investing the fruits of his labor wisely.
It's the same with Bill Gates and many others
This is true in other areas.
Bill Gates is known for creating Microsoft. Everyone thinks that his wealth comes from the creation of this computer company whose operating system is ultra dominant in personal computing. Again, this is not the case. 17% of Bill Gates's fortune comes from his shares in Microsoft.
This is a significant figure of course, but 83% of his current fortune comes from the investments he has made throughout his career.
A great friend of Warren Buffett, one of the greatest investors in history, Bill Gates has always invested his money wisely through his personal holding company "Cascade". Today, it is these investments that allow him to post a personal fortune of nearly 130 billion dollars.
The examples I have just given you are far from unique. I could list many more, but I think you get the idea.
To become rich, investing the fruits of your labor intelligently is a necessity
It's not your job that will make you rich. Your goal should be to use the fruits of your labor to make investments that will work for you in the years to come. By making investments that make you money even while you sleep, you will maximize your chances of becoming rich as Warren Buffett once said:
"If you don't find a way to make money while you sleep, you will work until you die."
Once you've invested your money and become rich, you'll still be seen by others as the same person who works in your original field of expertise.
However, it's what you do with your money that will allow you to join the ranks of successful people like Bill Gates, Bono, and Jay-Z. Earning money is important, but the key is how you make your money grow through winning investments.
Some reading
Life Is Unfair — 5 Things You Must Accept To Succeed - #3: Luck plays an important role in any phenomenal success.
Gold Has Qualities, but Its Flaws Make It Inferior to Bitcoin as a Store of Value - Bitcoin will sooner or later overtake gold in the future.
If You Have the Courage To Forgive, Forgive Yourself - First It will change your outlook on life forever.
In the End, We Are All Mortal. How the death of my brother reminded me of this fundamental truth of life.
"Should I buy Bitcoin?" is an irrelevant question because the answer is obvious. You will understand it sooner or later.