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X-WR-CALNAME:Your roads to building financial success- security in tod
	ay's volatile markets? in Oshawa\, Canada at Postal code l1h 4k4\, Can
	ada - Eventful
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DTSTART:20081123T190000
DTSTAMP:20081114T180524Z
SUMMARY:Your roads to building financial success- security in today's 
	volatile markets?
DESCRIPTION:  (This is after discounting things you can't control like
	 a lottery win or a big inheritance.) Start a successful business. Thi
	s is the richest road. Prime examples are Bill Gates\, Charles Schwab\
	, Sam Walton\, Larry Ellison and Michael Bloomberg. Of course\, you're
	 unlikely to do nearly as well as any of these men. But that isn't nec
	essary. With enough time and effort\, you can get plenty rich filling 
	a need for a local product or service in your hometown. (That includes
	 starting a plumbing business or putting braces on kids.) Become CEO o
	f an existing firm and juice it. This was the method for Jack Welch\, 
	Steve Balmer and others. This requires a lot of years of experience - 
	and generally a lot of loyalty to one company. But if you have the dri
	ve and ambition\, the salary and option compensation can make it well 
	worth your while. Hitch your wagon to a star. This method involves tyi
	ng your fortunes to a successful business visionary. Charlie Munger di
	d with Warren Buffett\, Jeffrey Skoll with Jerry Yang\, and Peter Cher
	nin with Rupert Murdoch. This is a tough one though. You have to recog
	nize a visionary early\, offer him something of value and stick with h
	im. Not easily done. Turn celebrity into wealth. We all know that cele
	brities are loaded. But unless you're a world-class athlete\, a terrif
	ic singer/songwriter or have Lana Turner's profile\, you should probab
	ly give this one a pass. Marry well - really\, really well. This seems
	 shallow\, I know\, but a 2007 Wall Street Journal poll found that two
	-thirds of women said they'd be "very" or "extremely willing" to marry
	. Use other people's money. This is the most common road for the ultra
	-wealthy. Invent an endless future revenue stream. In this scenario\, 
	you create something - a book\, a movie\, a Broadway play - and find a
	 way for it to create long-term royalties. Monetize unrealized real es
	tate wealth. Millions have gotten rich in real estate---concentrate on
	 good properties in desirable areas with predictable cash flows.\n
LOCATION:Postal code l1h 4k4\, Canada @ Oshawa, Ontario l1h 4k4 Canada
SEQUENCE:1226685924
UID:E0-001-017149192-5
URL:http://eventful.com/E0-001-017149192-5
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