Found out how to become a billionaire
Inverse of money = value. Nobody gives you a $ unless you give them something they want that is either:
Money is a shorthand. What matters is double coincidence of wants.
To capture a huge chunk of money in one's life time to expand absolute income through normal means such as a job is impossible.
A. Productivity is tied to extent of working hour or moment
B. Highest professions such as lawyer or medical professions are capped to millions max which is a deviation from billions.
So what is the path?
To speed up results one requires:
B. The ability to compound absolute sums of cash into higher sums of cash
C. Master liquidity to liquidity cycle (cash to cash)
D. Master return on capital invested
Where is the lion's share of cash today ?
A. In a company's corporate treasury
Why do we care about owning a business or a company
A. Factors of production such as land, factory, people, marketing sales channels are stored in a company.
B. The modern day corporation is the temple of wealth. Previously one who owned land was rich but land doesn't not equate to liquidity.
So what is the game plan to start a company ? No.
Most people will fail and that is fine and the expected result.
To convert an idea to a saleable product after having it pass proof-of-concept is highly unlikely. Biotech companies go through phases of testing and even then many companies face litigation when selling a defunct product.
Not all hope is lost. If you're a talentless hack, have no Elon Musk or Larry Page abilities to invent or make a hot new product whattya do ?
You can align with sociology to get rich:
A. Factors of production are inanimate and therefore companies which control factors of production such as factories land property patents liquidable things such as products services do not care who the owner is.
B. So ultimately, you can position yourself for barter and trade and amassing factors of production by actively investing it it or spending money to buy it up.
How do you buy factors of production ?
A. The biggest temples of wealth today are listed on stock exchanges. A corporation with management, board of directors, management team and business units and factories or services . They are readily producing income.
So what is the gap ? What is the shortest line from point A to K. The line from A to K.
Buy a bank in an offshore island
Use it to wire kickbacks to bankers
Get massive leverage in the form of loans for acquisitions of companies already ready to run (launch an acquisition strategy)
Hireand workers and trim the workforce.
Use art as a kickback tool with directors in other companies to sell off divisions of your firm or excess land or property plant equipment
Raid the corporate treasury and pay yourself dividends
Hire investment bankers to do another acquisition of another firm
- Sit off , let management that came with acquisition handle day to day and put a chunk of earnings from dividends in family trust.
Rinse repeat over a lifetime and you will have a huge wad of cash at end.