There is an honest way to get rich - an example shown by Steve Jobs. He is highly respected, even by the 99 percenters. Read this:
http://tech.fortune.cnn.com/2011/11/06/the-tea-party-occupy-wall-street-and-steve-jobs/?section=money_topstories&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_topstories+%28Top+Stories%29
Another well respected man is Warren Buffett. He is the among the few multi-billionaire that stick with President Barack Obama during his difficult time as President.
http://tech.fortune.cnn.com/2011/11/06/the-tea-party-occupy-wall-street-and-steve-jobs/?section=money_topstories&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_topstories+%28Top+Stories%29
Another well respected man is Warren Buffett. He is the among the few multi-billionaire that stick with President Barack Obama during his difficult time as President.
There are useful risk-taking activities and there are not-so-useful risk-taking activities. Useful risk-taker are entrepreneurs who create new products/services that change our lives for the better while making money for themselves. No one will begrudge them for being rich. All of us respect Steve Jobs and mourn his death. None will them will accuse him of being an undeserving rich.
ReplyDeleteSad to say, not-so-useful risk-takers are the wall-street types who shift money around but get disproportionately rewarded for the value they create for society.
For Singapore to become successful, we have got to cultivate more useful risk-takers. Where are our Samsung, Foxconns? We are too reliant on MNCs. I hope Sunday Times will talk more about the rich entrepreneurs rather than rich speculators. Please inspire our young to become useful entrepreneurial risk-takers who create products/services with real value rather than speculators who move in and out of financial markets but create nothing of real value.
How many Steve Jobs or Warren Bufett are there in this world.
ReplyDelete99.99% of businessmen suscribe to the Taiwanese saying -
Bu Jian Bu Chen Shang -
literally, if you are not crafty, you can't be in business.
Remember, Ng Teng Fong changed the lease of his Greenwood Housing project from Freehold to 103 years, and not long after, he collapsed with a stroke and died. There seems to have a price to pay, if one is less than honest in doing business. No point being the richest man in the cemetery.