Business Advice from a Son of A...

By Lewis Schiff | Feb 15, 2010

I'm looking forward to reading a new book, "Profits Aren't Everything, They're the Only Thing" by George Cloutier.

According to the blurb, "this blunt work will not be for the timid business owner afraid to re-evaluate...". He offers some harsh lessons for those in business, such as "love your business more than your family" and "teamwork is vastly overrated."

Why do I find this so interesting? Because the research I'm doing for my new book based on a survey of 400 wealthy self-made Americans as compared to 400 "middle-class" (under $1 million net worth) Americans bears out a lot of what Mr. Cloutier says.

Indeed, business success tends to flow towards those who are willing to do the most to get it: the hardest working, the most focused, the most cut-throat, even.

To get wealthy, you need one or more of the following things to happen:

Which of these approaches are you counting on?