Mike Andes pushes back on the idea that billionaires get rich through loan securitization. He argues they build profitable companies, serve customers, go public, and borrow against equity later. Small business owners focus on building, not complex financial strategies.
The wealthiest people on earth get there through one thing and it's not a hundred doors or a shopify store. They become worth billions of dollars because they have companies that are worth hundreds of billions of dollars. Then they do this one thing. They take out loans on the value of their company overall. It's called loan securitization.
That is not how they become billionaires. They start businesses, they focus on their business, they focus on their customers, and they build a really profitable company that becomes so valuable that they can put on the public market and actually take loans against their equity. Most small business ownership focus on building their business, not on loan securitization and tax strategies or fancy.
