<p>Does it really make sense to think that JDs are only wealthy when they become partner and MBA’s when they become fund manager at Goldman Sachs? While its safe to assume that the world’s top law firm partners and fund managers are wealthy, it is a false dichotomy to assume JD’s and MBA’s are only wealthy when they arrive at these positions. Mostly because these are the people whom merely best serve the wealthy. </p>
<p>The assumption that job security is somehow a wealth track attribute is fallacious. The most secure government job is probably not going to get you a Bentley, yacht or jet.
Job means you are employed by someone else…if this is your end then maybe you need to stop browsing the internet and get back to work on company time. </p>
<p>My opinion is the Entrepreneurial JD leader has more opportunity to make millions than his/her MBA counterpart. This is because of his/her power; power to…</p>
<p>1) Execute opportunities
2) Defend wealth against foes (IRS, contract breachers, thieves, fowl competitors, etc.)
3) Reach agreements (and transactions)
4) Avoid many sloppy thinking pit-falls.
5) Play politics (especially when the government is stepping so much in many various industries, especially the MBA’s beloved finance industry)
6) (unfortunately) power to strip the wealth of people and corporations in a single blow</p>
<p>Yet, wealth is the ability to get the world’s best engineers, attorneys, finance gurus, and sales-pros to work for you! Wealth is not being the best engineer, attorney, finance guru, or sales-pro. This is because such professions are seeing salary, commissions, retainers, and not interest, equity, and true leverage.</p>