The George Forman Grill - A $200 Million Dollar Decision
How To Stop Being Broke with Bella Jones
English - December 23, 2022 07:00 - 19 minutes - 13.4 MB - ★★★★★ - 3 ratingsSelf-Improvement Education Business Investing financial literacy financial education money investing finances women empowerment building wealth Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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?
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