Originally Published on December 28, 2018

When you meet a person or business who is very well paid, doesn’t have to work many hours, and generally loves their job and its benefits, there are three possibilities. Remember these before you get too jealous.

1. They have sacrificed years of blood, sweat, and tears to craft a wide enough moat. (Many family businesses)
2. They have regulatory capture advantages and are only this way because of the government. (Health care, real estate, ag, airlines, some finance groups).
3. They are about to get run over by a disruptive new business and have no idea what’s coming (Health care, real estate, ag, airlines, some finance groups).