While I agree that oftentimes people that are wealthy had some fortunate breaks along the way, I disagree that most wealthy people are just "lucky". The people that are individually wealthy (not passed down family money) primarily had the cojones to step out on their own and try something. Rather than accepting a life of the status quo, they decided to break out on their own and take a leap of faith, and it paid off. I think that people that worked their butts off to create a new product, or new company, or new whatever really deserve their wealth. I think they do owe their country/society and should pay taxes on that so others may have the same opportunities they had, but still their work should not be dismissed as "dumb luck".
A great quote by Thomas Edison, “Opportunity is missed by most people because it is dressed in overalls and looks like work" really drives this point home. Those that had the courage to take on that opportunity and the blood, sweat and tears that come along with it are oftentimes rewarded with great wealth, and I think they deserve it.
Posted 102 days ago | Tagged As: Calculated Risk Takers