You can try to build wealth via income.
Or you can try to build wealth via equity.
When I say 'equity', I mean shares / stocks / securities (whatever you want to call them) in, ideally, a promising fast-growth business.
The first option will be a long, slow slog of incremental growth-ish (and tax-drudgery).
The latter will be the fast-track to wealth.
Ideally, then rinse and repeat.
So if you're ever offered:
- a high salary OR
- a low salary + share options or direct share award
Pick the latter. Pick the equity option.
Thank me later.