What’s In It For Me?

John PaulsonThe ultimate goal is to become more successful and find your place in the world. Once you do this, your life will be a whole lot easier. What’s not worth it, then? Putting up with the hassles caused by debt and lackluster financial status. Who knows what the future might bring, but there are many great reasons to stay in business today: increased job opportunities, better pay rates, more secure careers and freedom from worry about health care or retirement benefits.

John Paulson also believed that there were signs in the mortgage industry that should be monitored closely. He made a list of the risks, but until they came to fruition, he said nothing. When those risks became reality, Paulson & Co. was one of the only companies prepared for it.

At first glance, the hedge fund manager might not seem so different from other people out there doing their best to make money while they can. It’s easy to understand why others might think so. In order to do well, you only have to know a few people and be in their good graces. It’s not too difficult to achieve success if you are in the right place at the right time and can identify trends that become reality.

John Paulson realized there were two things he needed to accomplish if he was going to grow his business: he had to employ a lot of people, and he had to find ways of making a living while also staying out of debt.

Numerous people were happy with the way that Paulson & Co. was performing and looking to him for leadership. They knew his success was not a result of luck, but it was almost as if Paulson was a magician: he could turn anything into gold. He took the same approach to his opportunities.

After determining that he wanted to expand and make more money, Paulson made two key decisions: he needed to acquire new businesses, but at the same time, he needed to raise his prices. It wouldn’t be easy; doing so would require strong investments and patience. From there, the hard work would pay off in the end.