When I transitioned out of my career path as a forensic accountant, I made a decision to pursue a more meaningful path. If I told you that I abandoned my dreams of generating wealth, I’d be lying to you and fooling myself.
To get rich [quick] is to take a substantial risk (mostly an investment of time, energy and ingenuity) for a commensurate reward. It is the process of creating something that is generative… that generates more of itself.
In the spirit of entrepreneurism, my aim is to be generative while pursing my dream job.
In his book, “Rich Dad, Poor Dad”, Robert Kiyosaki eloquently points out that assets like homes, cars and material objects are often liabilities… they require maintenance, are subject to theft and damage, and the worries associated with these potential losses often consume their owner’s enjoyment of such assets.
In contrast, training, expertise and professional experience are intangible assets that provide leverage without liability or risk of loss. The author’s intent is to encourage us to envision our dream job and seek out the on-the-job training needed to cultivate the necessary expertise to do it ourselves… and to eventually reap the rewards.
Here’s the kicker… that kind of potential wealth is directly related to the chance to live the dream. Regardless of whether its modest or exorbitant wealth, it is wealth generated from pursuing one’s dream vocation. And the reward for that pursuit is really beyond measure.
From my current perspective, this concept of "get rich quick" has shifted into the entrepreneur’s golden ratio… you can take something and multiply it exponentially. As I see it, I could work as an employee and make an honest wage… save my money, invest wisely and perhaps get a modest return of 5-10% on my savings… maybe 20% if I’m lucky. As I realized as a kid, that’s not the path for me.
Instead, I intend to invest in my ingenuity and multiply my investment by 20%, 200%, 2,000% or beyond… there really is no limit. And there wouldn’t be a potential reward (ROI) without a commensurate risk. It’s a risk that I not only think is worth taking, but in many ways… the risk is the reward!