Steve VarsanoFounder at The Jet Business

Another great conversation with Tony about why taking risks gets you rewarded.

Name: Another great conversation with Tony about why taking risks gets you rewarded.
Uploaded: 2025-03-02T17:28:42+00:00
Duration: 14 s
Channel: Steve Varsano
Description: A billionaire generated $30 billion for investors and earned $1 billion himself, now funding nonprofits. Tony argues that taking risks is essential for…

2 Mar 2025 · 0 min

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A billionaire generated $30 billion for investors and earned $1 billion himself, now funding nonprofits. Tony argues that taking risks is essential for high-level rewards, and that many people resent success instead of celebrating those who use wealth to help others.

The guy who made $1 billion you're talking about, he had a 40% return last year. He's creating futures for all these nonprofits. He's creating money that's helping to compound so kids can go to college. He made $30 billion for people, so he got $1 billion. He's well worth $1 billion.
A lot more people don't really wish people to be successful. They actually want to make themselves feel better by pulling other people down. It's a sad, sad human trait. But to find these kind of people who really help people and not only benefit themselves but help other people, that's a unique quality. If you're not willing to take risks, you don't get rewarded at the same level.
They want to be rewarded for the time they're there, not for the results.