How To Become Rich

 

Start a Business and sell it:

• The most effective and well known way to become rich is to start a business and eventually sell it.
• Find a new way and solution to customer need and build a profitable business that can address their needs can create a real value to your financial independence. 
• The Business can be a consultancy, hairdresser’s and consultancy or and investment bank.
• These things might probably take years of hard work to build up. The reason for most new business to fail or because the risk are high
• You need to have all the skills and diligence of Entrepreneurs. But if you can bring it up the potential outcome are huge.

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Way of thinking about money:

• Most people in this country have a love and hate relationship with wealth.

• The primary reason why these majority of people never get rich is because they don’t understand nature of money and how it works

• The powerful aspect in the world is to realize how you can have you assets to work for you. As you are selling yourself to someone for working every day.

• Eventually the goal is the make your assets and cash work for you as an employee and that will make enough money to hire more employee(cash)

Develop property:

• Buying -> Developing and selling property is well know way to structure as significant capital position

•  Key point is borrowing money you can gain leverage on your investment

• You have to select right property in the well developing area. Of course buying property in well developed area is a nightmare

•  There are risk in buying property, however this on the long term remained a proven way to pile up wealth

You should be an inventor:

• Invent something that everyone needs and license out your invention

• Some of the rich people have become rich by this way

•  Also big companies are looking for innovation which they can market. So this is another difficult route to wealth, however this is also a way to become rich

Save each Dollar and you can buy yourself a freedom:

• Money has ability to work in your place. The more you save , the faster and larger it will grow

• You will have to freedom to stay with your kids in home and freedom to retire early , quite job and travel around the world

•  If you have a income source. You can start building wealth today.

• It may only be 10$ or 20$ at a time, but each of those investments is a stone to your success and gives you a financial independence

             
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