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The Ten Roads to Riches: The Ways the Wealthy Got There (And How You Can Too!)
book

The Ten Roads to Riches: The Ways the Wealthy Got There (And How You Can Too!)

by Ken Fisher, Lara W. Hoffmans
November 2009
Beginner to intermediate content levelBeginner to intermediate
256 pages
10h 55m
English
Wiley
Content preview from The Ten Roads to Riches: The Ways the Wealthy Got There (And How You Can Too!)
46
1The
Ten
Roads
to
Riches
Ride-alongs have the board's, the employees', the shareholders',
and the
CEO's
respect-and
are paid for it. And, they can say and
do things
CEO's
can't.
The
CEO
is too public! Too visible!
When
it's time to play good
cop-bad
cop, guess who plays bad cop? Maybe
they don't make
founder-CEO
mega-wealth,
but
great ride-alongs
get big pay, firm ownership, and big
net
worth.
WHY
RIDE
ALONG
?
Sound worse than being
Dr
. Evil's cat, Mr. Bigglesworth? No!
Don't
equate ride -alongs with "toady" or "groveling sycophant."
Toadies aren't
powerful-ride-alongs
are.
This
isn't just being a top
corporate officer
-it
is being a partner the
CEO
won't do without.
Big
Backseat
Bucks
Top ride-alongs make bucks rivaling other roads.
They
don 't quite
keep up with the Richest Road (Chapter 1) or the
OPM
Road
(Chapter 7),
but
do as well or better than
other
roads.
Munger'
s $2
billion is far from Buffett's $52 bills. But still! eBay's first employee
J effrey
Sko
ll was a J e
rry
Yang ride-along, now with a $3.6 billion
net worth.i P
eter
Che
rnin
, a R
up
e
rt
Mur
doch
ride-along since
1989 and News
Corp
COO,
collected $62 million in total 2007 pay.3
Another advantage?
There
are many more opportunities to
ride-along than to be
CEO.
A single
CEO
can have multiple ride-
alongs-big
firms can have many senior VPs, directors, and
other
senior managers. You may
not
reach Bill Gates-style wealth or even
Jeffrey Skoll-style,
but
you can get mega-wealthy here.
Make no
mistake-these
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Publisher Resources

ISBN: 9780470481554Purchase book