Everybody loves a rags-to-riches story.
I brought my friend Nick Unsworth here up from San Diego. He was completely broke at 28 and was $50,000 in debt. But, Nick turned it around and at age 30 sold his first business.
Sometimes when you watch the news, you see these stories where somebody broke becomes the next Bill Gates and that’s all great.
But it’s also good to understand that you don’t always have to hit a home run. You can move from first base to second to third.
In fact, according to Warren Buffett and Benjamin Graham, it’s a much safer approach.