Why rich friends are so important to success

Where you live largely determines who you know. Who you know largely determines the richness of your life and your access to wealth and information. Your network is a form of wealth. It brings you friends, career opportunities, or a spouse. Committing to a geography and developing a network increases your access to all the experiences and resources... See more

Scholars who study social networks have attempted to classify the strata of friendship. “Best,” “close,” “good,” “casual” and “acquaintance” is one taxonomy they use. “Support clique,” “sympathy group,” “friendship group,” “clansmen” and “acquaintances” is another. These scholars have imagined friend networks as a pyramid, with close friends and fa... See more

Opportunity is a function of density

Opportunity is a function of surrounding oneself with successful people.

Studies show that individuals end up resembling their five closest friends in various aspects of life. While they may have similar incomes, their financial outcomes vary greatly.

To achieve financial security and success, it is advisable to be... See more