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Not really. What is going to help you get rich is to focus on increasing your top-line income. Doubling and tripling and more of your income is going to make
by dev_jim 15y ago
Not really. What is going to help you get rich is to focus on increasing your top-line income. Doubling and tripling and more of your income is going to make whatever bottom line improvements described in this article irrelevant.
Not to mention that you should be enjoying the money you make, not constantly worrying about whether you should brown bag it or eat $5 crappy street meat.
- hammock 15y agoI don't think your idea and the OP's are at odds. Abundant wealth growth comes from reinvestment of capital- the more capital you have the more you can invest. And cost-cutting, naturally constrained by current top-line revenue, increases earnings to be reinvested. Two sides of accounting, happening at the same time- cost and revenue.
- cosmicman 15y agoI totally agree. Too many people act like they're mutually exclusive when they really aren't.