To create wealth does one need talent, skills or a good education?

To be honest I don’t really know. If you look at the world there are many people who are wealthy, and they did not obtain thought the traditional mean.

As I was driving to work today, I heard that Madonna has made over $200 millions dollars in concert sales. Wow!! $200 millions dollars. I remember watching her musical videos in the late 80s, and reading one of her biography. Was she ever driven?

This has made me think. My father was craftsman. In Vietnam he was a tailor. Now tailor are a dying breed in America. Everyone buys off the rack.

If fact if you are a craftsman in America, or in any industrial nation you will not create wealth, unless you have an acute understanding of the wealth creation process, and an acumen for business.

The problem with being a craftsman is that there is no multiplicity process. The quickest way to create wealth is to multiple the processes or create multi-revenue stream from that one piece of work.

Some the best designer in the world can’t do the actual craft work themselves. They relay on the skills of other to carry out their vision. But their are savvy enough to leverage the craftsmanship of others to create great wealth for themselves.

My father at 73 is still working – which is not a good thing. I feel there is time for him to retire. My parent was not able to save money, due to bad financial management and lack of resources to create wealth. It upset me that it can happen to any of us. I gave up a lucrative career in Toronto to be with my wife in Clyde, NY. And now I feel I might never be able to create a great amount of wealth to support my family and to retire at a young age.