This is meant to be an interactive discussion, I like to hear how you think on the very simple question of the factor that keeps the wealthy looking for more ways to make more money.
The wealthy are relentless in their pursuit for money, they are intentional about it, you read and hear regularly on the news about a new business or company that a known wealthy man around you is setting up, they are always up to something new, seeking more ways to increase their source of income. So I was thinking, what really pushes these people?
Could it be competition? Like competition among their fellow wealthy men, one trying to be wealthier than the other, but I heard that there is no competition at the top.
Is it fear of getting poor again? That could be a really good reason to want to keep working to get more money.
Is it just discipline? like they are already used to the habit of seeking methods to increase their income, the kind of discipline that got them wealthy and so they do not know how to relax after one successful business has been set up.
Could it be the expenses and lifestyle? like in trying to keep up with the bills they have that are big like maintenance cost for their PJ's and Yatch etc, they need to get more money to maintain the lifestyle.
What other reason could there be?
Money is the scoreboard, not the game. What pushes the wealthy, in my experience:
-- Scorekeeping: once basic needs are done, the goal shifts to beating yesterday’s number or a rival’s chart. The target keeps moving.
-- Control and autonomy: building things buys the ability to say no. That chase is addictive.
-- Problem addiction: some folks just like hard puzzles. Companies are infinite boss levels.
I advised a founder who swore he’d stop at 10M. At 10M he said 25M. At 25M he said one more product cycle. It was never the cash; it was the next release and the team depending on him.