Many many people confuse stock investing with gambling. “Sometimes it goes up, sometimes it goes down”.
Many people also tell me that there are only 3 ways to get rich. Be born rich, own a business or work very hard.
I have many friends that tell me they wish for the day to become business owners. They are working hard and saving up so that they one day can own and operate their own business and be their own boss.
For me, I am more practical. I know many things about many businesses. Heck, I went to business school. But I know that a truly successful business is one that requires a lot of passion and effort. If I could be a business owner, I probably wouldn’t want to be one, unless I was really passionate and knew how to run it well. With no passion or expertise, how can …