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Codie Sanchez argues the world's richest people didn't start from scratch. They bought existing businesses, often with other people's money, to build multiple income streams faster than working a job or launching a startup.

Codie Sanchez argues the world's richest people didn't start from scratch. They bought existing businesses, often with other people's money, to build multiple income streams faster than working a job or launching a startup.
I looked up some of the wealthiest people in the world, and if you look at how they actually put together their empire, it is largely not from starting individual things, but from buying them. Nobody taught me back in the day that it's actually easier to buy your profits than try to grow them. What if I don't have millions? Could I really buy a business if I don't have a ton of money to do it myself? And the truth of the matter is that you can use other people's money to do it. We don't own as much as we think we do. And our answer to this is not going and buying local products, it's buying buying those businesses. Now, I was always taught to work hard. I was never told you could actually buy hard work. Earning becomes linear where buying creates multiple income streams that can feed off of each other continuously. Let's do the latter, not the former.

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