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I would define rich as a net worth of over one million dollars.

2007-07-27 05:41:20 · 12 answers · asked by Andre 7 in Business & Finance Personal Finance

12 answers

All 3!

Luck alone only works for the lottery or being born into it. Many millionaires indeed get that way because they are born into it, but somebody still had to work for it, even if Paris and Nicole never had to do a real day's work, Grampa (Hilton) and Daddy (Richie) had a lot of skill and worked damn hard.

Hard work alone is not enough if you don't have the right skills.

Skill alone is not enough. If you are naturally skilled but lazy, you won't get rich. Even if you have skill and work hard, you might still need a bit of luck (for example actors, actresses, musicians, etc. really need to be at the right place at the right time).

Hard work and skill together can actually compensate for bad luck. Most successful entrepreneurs failed multiple times before becoming successful. But the ones that eventually success learned from their own failures and also the failures of others.

But if you are lucky enough to be in the right place at the right time, are really good at something that is valued by others, and are willing to work really hard, you can be very successful!

2007-07-27 05:59:39 · answer #1 · answered by Curious George 3 · 1 0

Andre,

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2007-07-27 06:11:16 · answer #2 · answered by Anonymous · 0 0

First it takes money to make money. Then if you have the skill for something and work hard at it by setting a reachable goal with a little luck you will obtain wealth. I hope this makes sence to you. Therefore to answer your question, my answer would be alittle of all three.

2007-07-27 07:03:35 · answer #3 · answered by Jerry 6 · 0 0

I guess you could say that you would need all 3 of those to be sucessful in the United States. If your born into a rich family, your pretty dam lucky.

2007-07-27 05:49:23 · answer #4 · answered by Anonymous · 1 0

it takes hard work, but mainly it is just pure luck, being at the right place at the right time. I have worked my butt off at my company and still get no where because I refuse to play the good ole boy system.

2007-07-27 08:11:36 · answer #5 · answered by Midwest guy 4 · 0 0

Luck. You can be the most skillfull, hard working person in the nation but if you're in the wrong place at the wrong time, your chances of making money are nil.

2007-07-27 05:44:48 · answer #6 · answered by Jess 7 · 1 0

hard work. determination. planning. goal setting. strong drive to succeed.

read the millionaire next door or the millionaire mind. great books.

2007-07-27 05:46:07 · answer #7 · answered by Anonymous · 1 0

50% luck, 80% hard work, 90% determination and perseverance.

And don't expect miracle solutions....

2007-07-27 06:17:53 · answer #8 · answered by Roberto 7 · 0 0

A balanced combination of all three.

2007-07-27 09:09:23 · answer #9 · answered by Anonymous · 0 0

mostly its what you are born into, but hard work and determination does pay off

2007-07-27 05:44:37 · answer #10 · answered by Happy HBAC Mama 5 · 1 0

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