How Do People Become Wealthy? 2 Case Studies
How Do People Become Wealthy? 2 Case Studies
By Darius Foroux
How do people become wealthy? I was always interested in that question because you can learn from other people’s success. But I don’t want to look at billionaires and no one else. I’m also interested in how “normal” people build wealth. You know, people who live in your city. Why? If anyone from your city can get rich, you can too.
Here’s an idea: Find someone in your network who you want to learn from. It doesn’t necessarily have to be a wealthy person. It could be someone who’s loved in your community. Get close to them and simply observe. Look at what they do and listen to what they say. I’ve done that as well. I wrote about what I learned in an article. It’s really a good way to learn.
How Do People Become Wealthy? 2 Case Studies
How do people become wealthy? I’ve been interested in that question because you can learn from other people’s success. If you look up that question, you automatically find more information about how people like Jeff Bezos got rich.
But I’m more interested in learning from people that are not covered by the media. “Normal” wealthy people that live in your city—not the billionaires who live on Park Avenue. Why? If anyone from your city can get rich, you can too.
I know two of these wealthy people. I see them as friends and mentors. In this article, I will share their stories, as they’ve told them to me. I’ve only changed their names to protect their privacy, but the rest of the story contains their true path to becoming wealthy.
For the purpose of this article, I’m focusing on acquiring monetary wealth. Obviously, getting rich has very little to do with becoming happy. If you want to read my thoughts on happiness and money, read this article. We can have a good life without being rich. But if you’re interested in learning from people who are wealthy, read on.
Case Study 1: The Enjoyer Of Life
John is in his late sixties, has 3 grown kids, and two grandkids. He’s divorced and lives alone with his dog. He also has a girlfriend who he sees several times a week.
He has a small real estate portfolio (residential only) and spends a few hours a month managing his properties. He has outsourced most of the work, but he enjoys staying in touch with his tenants. So he visits them once a year.
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