"If you want to be rich, solve a problem," writes Siebold. "If you want to be very wealthy, solve a bigger problem."
While "the masses solve small problems for their employers," he says, "the rich solve significant problems and get compensated accordingly."
"It's difficult to invest the necessary time and energy into a profession that bores you or has little meaning beyond money," says Siebold. "Waking up everyday with excitement for going to work is a formula for financial abundance, emotional fulfillment, and life satisfaction."
"If earning money is based on solving problems, and the number of problems is infinite, then your ability to earn money is infinite."
"Spend your time basking in entertainment, and you will struggle your entire life financially. Invest your time creating solutions to people's problems, and you'll never lose a minutes sleep worrying about how to pay the mortgage."
"Match your talents and interests with a problem people will pay you to solve and go to work until you succeed. This formula offers you the fulfillments of doing work you love while profiting from solving other people's problems."
Steve Siebold, Secrets Self-Made Millionaires Teach Their Kids
www.msn.com/en-us/money/savingandinvesting/14-money-lessons-rich-parents-teach-their-kids/ar-AAvdtbH
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