At a basic level, business formation is a vehicle for personal employment, offering corporate founders the opportunity to serve as their own boss. The performance of most companies does not rise to a level that enables them to be worth materially more than they cost to put in place. Yet, the entrepreneurs who take the risk to start these enterprises can often earn a solid living, with the chance to put away sufficient savings into other investments that can eventually lead to personal wealth.
THE RECIPE
Wealth creation is different. To create wealth entails being an active business owner or investor, getting your hands dirty and devising a means of making your company worth more than the cost of its parts. Wealth creation is the purview of active business investments and can give the appearance that money is being minted from thin air.
The simple recipe