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?
Wealthy people keep chasing more money for a mix of reasons and it’s not always about greed sometimes it’s fear of losing what they’ve built the memory of once struggling can push them to keep securing more.For others it’s habit when you’ve trained your mind to always look for opportunities it’s hard to stop that drive they don’t know how to slow down because creating and expanding is part of who they’ve become.
Ambition also plays a big part not just to be richer than others but to build something lasting many aim for legacy they want their name tied to empires innovations or foundations that survive long after they’re gone. Of course lifestyle can’t be ignored the bigger the life the bigger the bills keeping up with yachts jets estates and massive projects requires continuous income streams.
Another reason is relevance being wealthy puts them in positions of influence and power stepping back often means losing that spotlight so many keep moving to stay relevant in business and society.Do you think at some point it makes sense to stop chasing and settle with what they already have or is the chase itself the reason they stay sharp and ahead.