And number two, they worked very hard to get it. They haven't had their money long enough to quell the impression that it can just as quickly disappear. So they won't be quick to give it away. He retired from Legent in 1992 to work full-time on nonprofit ventures that nurture Northern Virginia's entrepreneurial spirit and help community groups tap the power of the Internet nationwide. The biggest challenge to dealing with rapidly rising net worth, he says, is staying in touch with your sense of self.
Egos run high.
People who make money quickly have more freedom than they may be prepared to deal with, Morino says. They need to think about what they want to do with their lives. It forces life decisions that people are often not ready for. Still, this is the greatest of all types of problems.