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S11 E3: What the Data Says About Getting Rich (Seth Stephens-Davidowitz)

The Next Big Idea Daily

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How to Be a Successful Business Owner

The typical rich American based on tax records is the owner of a mid-sized regional business such as an auto dealer or beverage distributor. Here you can learn a great deal about a niche topic and then sell your insights widely to your contacts in that field. It'll be hard for someone else to compete with your specialized knowledge and your deep contacts. The data suggests a surprisingly large number of people are getting rich doing this.

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