The surest way to building an enormous fortune is to start or acquire a business that has three characteristics. First, it generates high returns on equity. Second, it is scalable; that means management can continue expanding easily such as McDonald or Wal-Mart's cookie-cutter model. Finally, the enterprise needs to boast endurable competitive advantages of some sort

 some of the best online businesses were started by entrepreneurs while others were companies taken over by intelligent financial engineers who knew how to structure a business. They provided a vehicle that allowed them to earn more money than their labor alone could. That is the key. You cannot build a respectable fortune if you are reliant upon your own work to generate income. The owner of a chain of banks is collecting interest income as he has Christmas dinner with his family or goes fishing. Compare that to a hard-working hotel maid who must show up and scrub toilets to support her family.

The single most important factor when selecting a business is the return on equity capital.

The miracle of life is that it doesn't matter so much where you are, it matters where you are going. Once you have made the choice to take control back of your life by building up your net worth, don't give a second thought to the "what ifs". Every moment that goes by, you are growing closer and closer to your ultimate goal - control and freedom.

Every dollar that passes through your hands is a seed to your financial future. Rest assured, if you are diligent and responsible, financial prosperity is an inevitability. The day will come when you make your last payment on your car, your house, or whatever else it is you owe. Until then, enjoy the process.

the MOST important lesson is that of diversification. The Diverification of Income through multiple Income Streams