Comments on: How the Rich Got Rich http://www.moneymythos.com/2007/05/14/how-the-rich-got-rich/ A narrative financial and investment column Sun, 11 Jul 2010 21:53:14 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Jon http://www.moneymythos.com/2007/05/14/how-the-rich-got-rich/comment-page-1/#comment-17 Jon Tue, 15 May 2007 02:18:25 +0000 http://www.moneymythos.com/2007/05/14/how-the-rich-got-rich/#comment-17 That's a very good point, and something which I neglected to mention. Unfortunately, a lot of people are not rewarded whatsoever for the contributions they make to a company. I am lucky enough to work at a company where my bonuses come from profit sharing. If I do something that gets us another 1000 orders, I see the direct results from that. I also am lucky to have bosses who notice, and encourage, innovation. The people that I was referencing from this article did, however, make it to where they are today by going above and beyond, whether it was through becoming an entrepreneur or joining a company to take it to new levels. And hey, who knows, maybe one day your blog can become your career! That’s a very good point, and something which I neglected to mention. Unfortunately, a lot of people are not rewarded whatsoever for the contributions they make to a company.

I am lucky enough to work at a company where my bonuses come from profit sharing. If I do something that gets us another 1000 orders, I see the direct results from that. I also am lucky to have bosses who notice, and encourage, innovation.

The people that I was referencing from this article did, however, make it to where they are today by going above and beyond, whether it was through becoming an entrepreneur or joining a company to take it to new levels.

And hey, who knows, maybe one day your blog can become your career!

]]> By: Lazy Man and Money http://www.moneymythos.com/2007/05/14/how-the-rich-got-rich/comment-page-1/#comment-15 Lazy Man and Money Tue, 15 May 2007 01:14:02 +0000 http://www.moneymythos.com/2007/05/14/how-the-rich-got-rich/#comment-15 "But the people who go on to even higher levels of success..." It seems like you went to a dangerous place of equating money with success. I could work a billion times harder at my career, but I've become disenchanted with the payroll system. At almost every company, you are not paid significantly more for performance. I make a lot more slacking around now than I ever did busting my butt to get superlatives for review time. My current preference (and this may change) is to work harder at things that I can directly profit from. Right now, it's my blogs. In a couple of years, maybe it's something else. I'm not optimistic that thing will be my career. I will focus my definition of success, not around finances, but in terms of overall happiness (of which finances plays a part). “But the people who go on to even higher levels of success…” It seems like you went to a dangerous place of equating money with success. I could work a billion times harder at my career, but I’ve become disenchanted with the payroll system. At almost every company, you are not paid significantly more for performance. I make a lot more slacking around now than I ever did busting my butt to get superlatives for review time. My current preference (and this may change) is to work harder at things that I can directly profit from. Right now, it’s my blogs. In a couple of years, maybe it’s something else. I’m not optimistic that thing will be my career.

I will focus my definition of success, not around finances, but in terms of overall happiness (of which finances plays a part).

]]>