Lazy Man Wealth Secrets
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How did I go from $2.50 to $1,400 an hour? For the most part, I used <strong>Lazy</strong> <strong>Man</strong><br />
<strong>Wealth</strong> Secret #2: Other People’s Ideas and stole an idea from a man named<br />
Vilfredo Pareto who died in 1923.<br />
An Italian Secret to Becoming Rich<br />
Pareto was an Italian economist who studied wealth distribution in England in the<br />
late 1800’s. He discovered 80% of the wealth was held by 20% of the population.<br />
He further discovered that of those top 20% very rich people, there were 20% of<br />
those (or 5% of the total population) that were SUPER rich.<br />
And, of course, of those 5%, 20% (or 1%) were SHOCKINGLY rich. (Yep, they<br />
were griping about the 1% in the 1800’s … the lazy will always be among us …<br />
but that’s another story.)<br />
The magic behind Pareto’s discovery is that 80/20 is in operation in ALL areas of<br />
life.<br />
Stated another way, “Big doors swing on small hinges” or “A big ship is controlled<br />
by a very little helm.”<br />
Using this reality, I took a very small hinge and made my income swing wide<br />
open.<br />
And now for my last story …<br />
A Piece of String Launches a Mighty Ship<br />
Vilfredo was not the first person to see that little things can make a massive, huge<br />
difference.<br />
Around the year 257 BC, a man named Archimedes made a wager with a friend<br />
that he could launch a large ship into the ocean by himself pulling on nothing but a<br />
little piece of string.<br />
The people of the time laughed at him … until he connected a series of pulleys and<br />
ropes to the ship. Using this leverage, he pulled on the piece of string and<br />
successfully pulled the massive ship from dry dock into the water.<br />
No one was laughing after that.