The Rich People With Corporations The People Who Work for Corporations
1。 Earn 1。 Earn
2。 Spend 2。 Pay Taxes
3。 Pay Taxes 3。 Spend
As part of your overall financial strategy； we strongly remend owning your own corporation wrapped around your assets。
CHAPTER SIX
Lesson Five：The Rich Invent Money
Last night； I took a break from writing and watched a TV program on the history of a young man named Alexander Graham Bell。 Bell had just patented his telephone； and was having growing pains because the demand for his new invention was so strong。 Needing a bigger pany； he then went to the giant at that time； Western Union； and asked them if they would buy his patent and his tiny pany。 He wanted 100；000 for the whole package。 The president of Western Union scoffed at him and turned him down； saying the price was ridiculous。 The rest is history。 A multi…billion…dollar industry emerged； and AT&T was born。
The evening news came on right after the story of Alexander Graham Bell ended。 On the news was a story of another downsizing at a local pany。 The workers were angry and plained that the pany ownership was unfair。 A terminated manager of about 45 years of age had his wife and two babies at the plant and was begging the guards to let him talk to the owners to ask if they would reconsider his termination。 He had just bought a house and was afraid of losing it。 The camera focused in on his pleading for all the world to see。 Needless to say； it held my attention。
I have been teaching professionally since 1984。 It has been a great experience and rewarding。 It is also a disturbing profession； for I have
taught thousands of individuals and I see one thing in mon in all of us； myself included。 We all h