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Continuing our 10 part series we discuss wealth building principle #5: Embrace Technology & Innovation
Don’t fear change. Don’t be propagandized into maintaining the status quo. The entrenched establishment will always try to hold onto their power and position. They’ll fight to the end. But ultimately innovation always wins out. Governments, companies, and institutions that don’t accept change eventually fail.
Don’t confuse technology with just computers and software. It’s so much more. Technology is the science and study of technique. All industries, organizations, and people can benefit by improving their technique…from sports to music to manufacturing.
Invest in winners, companies that embrace technology to improve productivity and create new products and services…which enable all of us to have a higher standard of living.
Don’t be a Luddite.
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Hosted by John Pugliano. For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2014 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.