Episode 54 - The Case for How Wealth Creators Benefit Society
Join Mo Bina and Derek Bullen in this exciting episode of Purpose-Driven Wealth as Derek makes a case for how wealth creators benefit society. Derek debunks the common notion that the rich get richer and the poor get poorer. Instead, he believes that...
Join Mo Bina and Derek Bullen in this exciting episode of Purpose-Driven Wealth as Derek makes a case for how wealth creators benefit society. Derek debunks the common notion that the rich get richer and the poor get poorer. Instead, he believes that as the rich get richer, fewer and fewer people are in poverty. He explains that most of the money of the rich gets paid to other people like employees, landlords, vendors, and the government in the form of taxes. The owner gets to keep a small percentage, about 9% of the money, but 91% gets paid out to everybody, creating wealth for other people. There's more to unpack in this episode. So tune in and enjoy!
In this episode, Derek talks about…
- His background and why he wrote his book.
- Jeff Bezos and the wealth he creates for the world
- What rewards the society gain from successful entrepreneurs?
- What's the bias of the media in the US?
- Student loans are an entitlement program, not a free market.
- The labor shortage in the United States is more than a labor shortage.
- What are the long-term effects on society if people aren't doing something?
- The hatred for the rich
- Fear Porn in New York and Canada.
About Derek Bullen…
Derek Bullen is Founder and CEO of S.i. Systems, one of the largest professional services companies in Canada, with thousands of information technology consultants working on projects for blue-chip corporations and government agencies across Canada.
Catch Derek Bullen on…
Website: https://www.bullenbooks.com/
Amazon: https://www.amazon.com/dp/1988025702?tag=&linkCode=ogi&th=1&psc=1
Connect with Mo Bina on…
Website: https://www.high-risecapital.com/
Medium: https://mobina.medium.com/
YouTube: https://www.youtube.com/channel/UC5ISsEKBHlkX7lk9b68SKLA/featured
Instagram: https://www.instagram.com/highrisecapital/
For more information on passive investing in commercial real estate, please check out our free eBook — More Doors, More Profits — by clicking here:
https://www.high-risecapital.com/resources-index
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