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Thinking of retiring? Here’s why these successful people never did


Why do people with millions in the bank keep building? Why don’t they just take the money they have and sail off into the sunset? What is it that compels them to keep empire building?

We asked these mega successful entrepreneurs and Advisors in The Oracles, who could all retire today if they wanted to, why they keep going. Here’s what they said.

1. Business is the ultimate sport

Business is the ultimate sport, and I’m the ultimate competitor. I get to build companies, have a social impact by helping our stakeholders, and help others compete in industries that can be disrupted. Next up is healthcare. —Mark Cuban, billionaire, owner of the NBA’s Dallas Mavericks, and Shark on “Shark Tank”; follow Mark on Twitter

Mark Cuban, billionaire, owner of the NBA’s Dallas Mavericks, and Shark on “Shark Tank”.

2. I get to constantly reinvent myself

I sold The Corcoran Group to spend time with my young son but quickly realized the stay-at-home life wasn’t for me. It took me four years to understand that my business wasn’t the golden goose — it was just a golden egg, and I was the goose who could lay another.

Barbara Corcoran, founder of The Corcoran Group, podcast host of “Business Unusual,” and Shark on “Shark Tank."

So I set out to reinvent myself in stages and have no plans to retire. I swear I’ll die in my “Shark Tank” seat! —Barbara Corcoran, founder of The Corcoran Group, podcast host of “Business Unusual,” and Shark on “Shark Tank

3. I’m motivated by helping others.

Anyone willing to learn and work hard can live comfortably. The “how” of success is straightforward, but it’s the “why” that counts most. Mine is positively impacting 1 billion people by giving them the tools to be successful. That’s what motivates me to jump out of bed and work seven days a week.

Mike Peters, entrepreneur, philanthropist, XPRIZE Foundation board member, and founder of the Yomali group of companies.

If money is your motivation, you’ll either give up when faced with the pain required to build something great or you’ll quit at the first sign of success. No amount of money can buy sustained fulfillment — unless you use it to help others. Find a way to combine what you love with what you’re good at, what the world needs, and what you can be paid for. That’s the path to fulfillment. —Mike Peters, entrepreneur, philanthropist, XPRIZE Foundation board member, and founder of the Yomali group of companies, which has generated more than $1 billion in sales online; connect with Mike on LinkedIn





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