I really admire people who build businesses, but the risks and uncertainty can be overwhelming. Do you think owning a business gives the best chance of building long-term wealth, or are there smarter and safer paths like investments?
Most of the richest people in the world are those who took out time to start certain businesses. While it can be rewarding, it is necessary that one understands how important running those businesses is and why it is necessary that one understands that being an entrepreneur can be a pathway to building wealth, but it is never easy.
Businesses can be a headache but if you know what you are doing they are very rewarding. It's personally not for me though.
On Jul 20, 2026, Prospector49 said:
Businesses can be a headache but if you know what you are doing they are very rewarding. It's personally not for me though.
Facts. It's not everyone that's built to start and run a business. Some people will keep working for others who are the business owners and that's how it's going to be for them forever. Most entrepreneurs don't have peace of mind because they are constantly thinking about how to improve their business.
Monetary Literacy & Mastery Foundation