I have seen some businesses of my progeny. They invest in rental properties. I doubt whether they can be wealthy doing this.
This reminds me of a story about a story of a Chinese businessman in Central Luzon whose initial business was selling office supplies. He was selling to a govt office engaged in lending to residential homes. So he bought and sold residential units one at a time. Someone advised him he would not get rich that way. The only way to be wealthy as a realtor is to develop large residential subdivision. Which he
did
This similar to inventions that can be patented or whose production can be controlled. A potato farmer became rich by inventing a machine that peels potatoes by the millions.
I saw Australian businessman building hundreds of houses. Only workers? Himself and a secretary. Everything else is contracted out
Can you think of scalable business?
