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The Rules of Wealth, 3rd Edition by Richard Templar

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RULE 37

Understand that working for others won’t necessarily make you rich – but it might

Most of us assume that we’ll never make it to greater prosperity while we are working for someone else; that only by being entrepreneurial will we become wealthy. And for a lot of us this may well be true – there is a limit as to how much you can earn per hour in return for your labour. However, there are some who do make it good this way.

We shouldn’t overlook the fact that being employed may be the best route for us and that we don’t have to run our own business. There are whole categories of employees that are doing quite nicely thank you – for example, a friend of mine works in corporate insurance and he’s extremely wealthy thanks to large commission ...

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