Chapter
The Corporate Ladder Myth
The idea of climbing the corporate ladder is a myth for many people, particularly for individuals who don't come from an entrepreneurial or investor background. Executives have a fiduciary duty towards shareholders and not towards employees or customers.
Clips
The belief that hoarding dollars will lead to wealth is actually keeping you poor because money loses value over time due to inflation.
22:35 - 24:35 (01:59)
Summary
The belief that hoarding dollars will lead to wealth is actually keeping you poor because money loses value over time due to inflation. Investing in assets that will appreciate in value, such as real estate and stocks, is a better strategy for building wealth.
ChapterThe Corporate Ladder Myth
Episode4 Steps To Attract Financial Abundance [MASTERCLASS] EP 1374
PodcastThe School of Greatness
Wealthy people are prioritizing ownership over climbing the corporate ladder to ensure their interests as shareholders are protected, while the fiduciary duty of executives is towards the shareholders, not toward the employees or the customers.
24:35 - 27:35 (02:59)
Summary
Wealthy people are prioritizing ownership over climbing the corporate ladder to ensure their interests as shareholders are protected, while the fiduciary duty of executives is towards the shareholders, not toward the employees or the customers.