Debt & Gold Growing At All-Time Highs, Answering Fans | EP 26
Business Untitled
00:00
Importance of Equity in Building Wealth
To build wealth, one must understand the concept of equity. Equity can be obtained through hard work, savings, and having a stake in a business. It is crucial to have ownership in an enterprise to create wealth, whether through investing, starting a company, or receiving shares as part of compensation. Equity is not limited to entrepreneurship and can also be earned by employees through stock options. Ultimately, having equity in oneself or in a company is essential for gaining wealth and making informed decisions when considering investment opportunities.
Play episode from 36:20
Transcript
