Brian Tracy told in one of his books that statistically, financial wealth in the United States is achieved through four main channels. Four lines that create wealth for all levels of society. First, as well as the main, is through entrepreneurship. As many as 74% of millionaires in America comes from the entrepreneur. Starting from Andrew Carnegie, Thomas Edison, or JP Morgan in the 19th century up to Bill Gates, Larry Ellison, or Sam Walton in the 20th century. They all start from scratch, from the lowest level, to achieve financial success.
The second line of the millionaire is the top executives of the company. As many as 10% of millionaires in America are the men and women who build career for many years and finally reach the highest position in the company as CEO (Chief Executive Officer) or other top positions. They get a very good salary, variety of luxurious amenities, numbers of stock option, profit-sharing schemes, as well as an enjoyable retirement planning. And as result they enjoy financial wealth. Michael Eisner of Disney Corporation is as an example. Within a year he received compensation for 126 Million Dollars. A very large number not to be identified as a millionaire.
The third line in creating wealth is the professional experts. The accountants, architects, lawyers, medical specialists, and various other professionals. They are very highly skilled in providing the service of expertise to the public, so they get paid very well too. They even receive compensation for tens of times more than those with the average abilities. As many as 10% of millionaires in America are the best professionals in their fields.
The fourth line that makes someone a millionaire in America is the top sales. They do not have any company does not even take a higher education. But they are very good sales people for a product or service with high commission or sales incentives. As many as 5% of the millionaire are the best sales from various organizations. And the remain 1% others attain wealth not through these four channels such as by copyright, lottery winners, inheritance, or by becoming celebrities and athletes.
This description of alternative pathways to achieve wealth seems not only valid for the U.S citizens but all over the world. There are no more secrets of this and the option is left now in our hands. Beyond the group of 1% of people in the statistics above, we are free to choose the way ourselves comfortable with to create financial wealth. Either by becoming successful entrepreneurs, top executives, professional experts, or even the top sales. The choice is yours right now. Decide your choice wisely, decide it eagerly, decide it happily.