Query on reselling hosting: Everyone says that in order to become super rich, you should quit your job and start your own business (like buying and reselling websites for profit or starting a web hosting company). However, starting your own business involves a lot of risk and could ruin your life if you make a mistake. Also, unless you create something new or improve on something by lowering prices ( which is hard since most industries already have top companies leading the industry), you will be lucky to even make k a year.
People say you can’t get rich from your job, but I think that is bs. At first, I agree, that you work a lot and don’t get much pay, but if you work hard and learn from your job, you can join a new company as a senior position and climb the corporate ladder and make multi millions (1 mil to 500 mil) a year. I don’t see how you are not rich if you are in that position. Also, you have a huge and stable and established company behind you. There is no risk.
All of my parents rich friends all made there money from being the best in their industry. They were good doctors, lawyers, and businessmen that climbed to corporate ladder to CEO of a fortune 500. Only 1 of my parents friends made their money by starting their own business. Sure, after they retired, they had small businesses on the side, but I don’t get why people say you can’t make money in your job.
I have job offers at huge management consulting firms. At first, you make six figures, and when you make it to partner, your making multi millions. Then you can take your skills to a fortune 500 and apply for a senior position. Then worm your way up to CEO and your rich.
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