The Jewish people are unarguably the most successful people on earth.
Is this some kind of coincidence? Hell no!
These guys seem to have business success in their DNA. (Hint: Mark Zuckerberg is Jewish, Steven Speilberg is Jewish)
There are over 5 million millionaires in America. However, even more staggering is the fact that although Jews make up only 2% of the total U.S. population, one-third of all American multi-millionaires are Jewish! Such dominance.
Want a few more statistics?
• This Jewish 2% of the population makes up 45% of the top 40 richest Americans.
• The percentage of Jewish households with income greater than $50,000 is double that of non-Jews.
• On the other hand, the percentage of Jewish households with less than $20,000 is half that of non-jews.
The keys are rooted in their ancient teachings that have been passed on from generation to generation and is upheld by all.
Over the next couple of days, i'll be sharing with you some Jewish principles that have ensured their domination in the business/professional world since inception.
Here are some of their teachings and principles. Do not ignore for your own good!
Jews believe that real wealth is portable; they believe that wealth is knowledge. They strongly believe knowledge is the foundation for producing wealth. Isn’t that true?
No wealth can be produced without being sufficiently informed.
Another secret to the Jews professional and business success is that they believe it is ungodly to lack what they need and for that reason they are prudently frugal.
This is the constructive skill and discipline to control their spending habits. It is a very essential key to preserving wealth, so your hard earned wealth does not “sprout wings and fly away.”
Money is not wealth, it is a tool of wealth creation. No wonder a whopping 73% of Reformed Jews hold stocks and bonds. They preserve their wealth. The average for the general is public is 27%.
For Jews, wealth is more than the power to buy things, we call that purchasing power; it is power itself.
For Jews, wealth is a good thing. It is a worthy and respectable goal for which to strive.
For Jews, wealth is a tool for survival.
As Silbiger states :
“Without money, Jews view themselves as ‘naked to their enemies’.”
Take this from me, your fatherly responsibilities as the head of the house for instance, could be your most dreaded enemy with lack of money.
They believe they are naked to humiliations, insults and disgrace without money.
For these reasons, they ensure they keep multiplying money through investing so they don't go broke. Now that’s preservation!!!
Jews are diehard investors. When these guys run corporations, they spend humongously on capacity building of their workers/team and that's because they understand that human beings are their major capital.
Though these guys have the financial weight to enjoy the good things of life and yes, they do enjoy them, a vast percentage of their money goes into investing. Despite their chilling.
Take this for thought, to be wealthy you have to be prudently frugal. Spend more money on activities/ventures that give you more money and that includes personal development not dumb spending.
As your 😎 Personal Development Partner PDP, stay with me and look out for my subsequent posts as I share with you some more secrets to the wealth of the Jews.
Won’t you Emerge????