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Profit by H.R. Hutter

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CHAPTER 10

Wealth versus Income

Entrepreneurs are in a great position to make the system work for them. But to do this you have to accept the idea of delayed gratification.

Tom Corley, an accountant and financial planner, surveyed a number of high net worth individuals. Many of them were self-made millionaires.3 He found the following facts and traits in them:

1. 21 percent reported they were A students in school.

2. 41 percent were B students.

3. 29 percent were C students.

Corley writes:

. . . success in life does not come easy. It is fraught with pitfalls, obstacles, failure, and mistakes. Success requires persistence, mental toughness and emotional toughness in overcoming these pitfalls. Its pursuit pushes you to the edge emotionally and ...

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