Choosing a business partner is important. Consistency is paramount to success. No person makes it by themselves. No individual starts a race without help. There can be no race without a coach. There can be no performance without the builders of the gym the racer trains at. Without facility upkeep there is no location to race.
Gain prospective. No activity is done solo.
Single people have advantages. These individuals do not have accountability. These individuals can work long hours. These individuals can devote their entire being to a task. Single people have advantages.
Married people have advantages too.
News outlets generally only promote the disadvantages. Obligations do limit married people’s time. Families demand attention.
Families also demand success. The best people are those that strive for something beyond themselves.
I read an article about a woman fired from Morgan Stanley. This woman was abruptly terminated upon return from maternity leave. The people who made these decisions overlooked the most important character of their organization. These people dismissed a woman who devoted herself entirely to climb ranks and earn her right for a child. Her entire story is chronicled here in Medium. The woman is named Chau Pham and here story was published on March 18th 2019. The story is a long read but worth it. The conclusion Chau held was that “Being a dedicated mother and a dedicated VP aren’t mutually exclusive”.
Employees lack judgment to assess proper skill sets required to preserve long term assets in business.
Chau is currently looking for another profession. Chau has a supportive husband who can weather her through her storm. Chau has basis to start down a path as a Professional Entrepreneur. Chau has work ethic and drive to succeed for others. Her marriage protects her from financial ruin. Marriage is a good thing.
The knowledge of financial markets remains consistent. Banking consulting is a requirement for most businesses. Middle Space business people generally lack knowledge to maximize banking relationships. I consult on complex financial markets and bank transactions daily. There is a very big need for knowledgeable consultants who structure middle space businesses properly for banking.
The largest deal I closed was “after” I committed to another person
Married people tend to be wealthier statistically than single people.
Don’t believe me? Let’s analyze some statistics.
According to the US Census Bureau, in 2010 the median net worth for a married couple between the ages of 55 and 64 was $261,405. That compares to $71,428 for a man heading a household, and $39,043 for a woman heading a household. In the 1970s, the vast majority of middle-aged men were married. The statistic was true regardless of distribution of income. Marriage rates have declined in recent times. The decline was more significant among middle- and lower-income groups.
For men ages 30–50 in the top 10 percent of annual earnings — a group that saw real earnings increases over time — 83 percent are married today. This amount has declined modestly from 95 percent in 1970. For the median male worker (who experienced a decline in earnings of roughly 28 percent), only 64 percent are married today, down from 91 percent 40 years ago. At the bottom 25th percentile of earnings, where earnings have fallen by 60 percent, half of men are married, compared with 86 percent in 1970.
The figures above show both the change in earnings and the change in the share of men married by earnings percentile. The figures quoted above are drawn from the US Census Bureau. The numbers illustrate strong correlation between changes in earnings and changes in marriage.
Men that experienced the most adverse economic changes also experienced the largest declines in marriage.
Learn to commit to someone else. Statistically going out and getting slammed with work every day doesn’t increase your wealth. Never confuse movement with progress. Progress is only made when you struggle for others. Struggle for your family. Struggle for your loved ones. That struggle creates wealth.
About Christopher: Christopher Knight Lopez is a Professional Entrepreneur. Christopher has opened over 7 businesses in his 14-year career. Christopher’s purpose is to take advantage of various market-driven opportunities. Christopher is a certified Master Project Manager (MPM) and Accredited Financial Analyst (AFA). Christopher previously held his Series 65 securities license. Christopher also has his General Lines — Life, Accident, Health & HMO. Christopher has managed a combined 286mm USD in reported Assets Under Management & Assets Under Advisement. Christopher has work experience in 29 countries, raised over 50mm USD for various businesses, and grossed over 7.5mm in his personal career. Christopher worked in the highly technical industries of: biotechnology, finance, securities, manufacturing, real estate, and residential mortgages. Christopher is a United States Air Force Veteran. Christopher has a passion for family, competitive sports, fishing, martial arts and advocacy for entrepreneurs. Christopher provides self-help classes for up-and-coming entrepreneurs. Christopher’s passion to mentor comes from belief that entrepreneurs need guidance. The world is full of conflicting information about entrepreneur identity. See more at www.christopherklopez.com