We use cookies to provide some features and experiences in QOSHE

More information  .  Close
Aa Aa Aa
- A +

The Secret to Startup Success? Focus on Building Generational Wealth.

1 22 26
23.09.2021

There's no question making money is at the core of our capitalist society. And by all traditional standards, I had achieved that financial success. By age 31, I was CEO in the Pavilion at Northwest Texas Healthcare System, making a lucrative salary. But I felt stuck and couldn't understand how certain other individuals were hitting that $100 million mark. What was their secret? Why did my success feel stunted? The answer required a shift in my mindset. Instead of working my way up the corporate ladder (which I had already done), I needed to focus on creating generational wealth.

By the time I turned 38, I had realized that healthcare was just moving too slowly for me and all my innovative juices. Plus, I realized once I retired from my hospital executive job, the job would pass to another corporate ladder climber, not my two boys. So, I started reading about businessmen like Robert F. Smith, David Steward, and David Grain, who were making billions of dollars. They weren't achieving that kind of wealth by becoming the CEOs of companies. They were creating businesses of their own and building a legacy.

The truth is, almost........

© Entrepreneur


Get it on Google Play