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The George Forman Grill - A $200 Million Dollar Decision
Manage episode 350603882 series 2797203
The story of George Foreman and the George Foreman grill is a great example of how to make strategic decisions in order to build wealth. In today's episode I share the details of how George Forman made over $200 million from this invention (that he did not actually invent). Instead of taking a one-time payment to endorse this product - he opted to take a percentage of profits from each sale.
You can click here to see what a George Foreman Grill looks like in case you are not familiar with this product.
Making these types of decisions is how to build long lasting wealth. In order to build generational wealth its important to think about the long-term. How are you spending or investing your money today in order to create a better future for yourself and your family?
If you are interested in providing additional support to the podcast you can "Buy Me A Coffee" by using this link https://www.buymeacoffee.com/bellajonesnyc. You can contribute a minimum of $5 to show your appreciation of the content and value provided by this podcast.
Let's connect on social media:
Instagram: https://www.instagram.com/bellascreditcorner
YouTube: https://www.youtube.com/c/BellasCreditCorner
Website: https://www.bellascreditcorner.com
Check out some of my online courses: https://stan.store/BellaJones
Sign up with WeBull and get free stock(s) - click here to learn more
Sign up with RobinHood to get free stock(s) - click here to learn more
42 에피소드
Manage episode 350603882 series 2797203
The story of George Foreman and the George Foreman grill is a great example of how to make strategic decisions in order to build wealth. In today's episode I share the details of how George Forman made over $200 million from this invention (that he did not actually invent). Instead of taking a one-time payment to endorse this product - he opted to take a percentage of profits from each sale.
You can click here to see what a George Foreman Grill looks like in case you are not familiar with this product.
Making these types of decisions is how to build long lasting wealth. In order to build generational wealth its important to think about the long-term. How are you spending or investing your money today in order to create a better future for yourself and your family?
If you are interested in providing additional support to the podcast you can "Buy Me A Coffee" by using this link https://www.buymeacoffee.com/bellajonesnyc. You can contribute a minimum of $5 to show your appreciation of the content and value provided by this podcast.
Let's connect on social media:
Instagram: https://www.instagram.com/bellascreditcorner
YouTube: https://www.youtube.com/c/BellasCreditCorner
Website: https://www.bellascreditcorner.com
Check out some of my online courses: https://stan.store/BellaJones
Sign up with WeBull and get free stock(s) - click here to learn more
Sign up with RobinHood to get free stock(s) - click here to learn more
42 에피소드
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