Metric of wealth

• Creating wealth means a lot of expenses initially, and is a risky proposition.
• A decent number of startups go bust, with the founders going bankrupt. They would have earned more just doing consulting or freelance work, but they chose to ‘burn’ money instead, with a...

Building wealth has little to do with your income or investment returns and more to do with your savings rate. The value of wealth is relative to what you need. A high savings rate means having lower expenses than you otherwise could, and having lower expenses means your savings ...

• Do you pay reasonable salaries? If your salaries aren’t at least competitive then we’re wasting each other's time. 
• Do you treat your people well? A quality employer will be honest and highlight what steps they took to address those issues. 
• Are you fina...