Friday, January 1, 2010

Education Duration & Wealth Accumulation

The more time you spend in school & colleges to take higher education, the less wealth you will accumulate.

Well, I am not saying this but the studies done in USA say this. According to these Wealth experts & analysts who have studied and research the wealth pattern of wealthy people, The longer anyone stays in Schools & Colleges, the longer he postpones producing an income and building wealth. And the earlier one starts investing one’s income (No matter how small it is), the greater the opportunity to accumulate wealth in the long run.

Thus, if you want to become wealthy than you have to cut down your education time period. Than and only you can become wealthy. Take the Example of Bill Gates, Dhirubhai Ambani, Subhash Chandra, Larry Ellison (Oracle), Larry Page (Google) & Mark Zuckerberg (Facebook).

All of them are High School or College Drop outs and still every one of them have managed to build Billions of dollars of wealth.

This is because after dropping out from the education system, they have spend their time behind growing their own business and within a span of decade, their businesses grown to a multi-billion dollar empires. Now, just think that if they spent a decade in college to take higher educational degrees than would they have made the fortune?

Time is very precious element.

Remember, Lost money can be recovered but the lost time can never be recovered.

The more time you spend behind taking your education, the more you postpone your Investment plans and the more you reduce your chances of becoming wealthy. It is better to start early rather than earning a lot in the later life.

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