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Career Resources
start ultra rich
sell drugs
Define Rich? What is your time frame? What is your risk tolerance?
I agree and would add that very few people become "rich" from W-2 income alone. The name of the game is saving as much of that salary income as possible so that you can execute the strategy outlined by rickle above.
Wait what? The business comes before the assets?
Sorry worded poorly.
Build a business. It:
No order to any of this other than:
Want to know the best way to have a quick $100k by trading stocks?
Start with $200k.
In all seriousness, rarely anyone gets rich working for someone else.
rickle made a good point, define "rich".
I would add, the basic premise to get rich is take what you make, take our our expenses, and whatever is left is what you can save. Based on that savings, and growth, figure out how long it can take you to get to your "rich" number. In theory, that'll work for anyone. In practice, you may die before it accumulates, then you have to boost income, or lower costs.
just stop
^ Anything else is fancy, if you are good at fancy things, do fancy things to speed up the process above.
buy my course
Give me a 10% finders fee to tell you to buy GoldenCinderblock 's course
ok
Money back fully Guaranteed, you'll be rich in 60 days!!!!!
Whoa dude are you Tai Lopez?
@ me next time, champ. I don't want to have to talk to you again about this.
just curious, why are you the "Golden Cinderblock"?
golden parachute for fans of self-sabotage or something idk man it sounds nice
Buy low, sell high it's literally that easy
https://www.instagram.com/p/BvQCNRrHKH4/
Capitalism: find something people want, sell it at a price they agree to, keep your costs lower than that price, profit. Make more profits until you feel rich.
"Until you feel rich" this is what is important
I've been buying up people's names as domains, linking it to stupid shit, and offering to sell them to them for a grand. No offers so far, but a lot of people are quite upset at me. My brother's girlfriend's mom is really mad that her daughter's name .com links to a picture of me flashing gang signs. long game though. long game.
Lol let us know how that works out for you
The boring answer is to simply live frugally, save, and invest your money wisely, and realize that you'll become rich when you're older.
My experience is that when people ask "how do I become rich", they simply mean
"How do I become rich before 30/40/50"
"How can I retire before 40"
etc.
Almost every rich person I know, falls into these two categories
1) Invested in real-estate
2) Started a company
But they all share one thing: They worked regular jobs for many, many years, and thus had money to invest - when opportunity presented itself. They're now in their 50's / 60's, have more money than they'll ever need, and are living the good life. No shortcuts.
When you say living the good life, what kind of net worth are we talking
Good life is all about cash flow, not necessarily NW
The older I get the more I feel that there really are no shortcuts in life
Its easy just buy my 3 step system for 97 easy payments of $19.99
But for real Felix Dennis (founder of Maxim) wrote a book on this called “How to Get Rich” and it’s pretty comical. Worth a read
Separating "cash in" from "time spent" is the only way to become wealthy; until you do this you're going to be stuck in slave mode. You need to be in a position where you're actively building systems and automating yourself out. The only thing you should ever spend time on = learning how to build better systems & staffing those systems accordingly. This lets you scale ridiculously fast. Without good systems you end up being stuck "in the business" as opposed to working "on" the business. The more idiot proof the systems you can build the better because assuredly an idiot will come along one day and ru(i)n your system. It's very beautiful when you have many systems spitting out delicious profits you can use to do things like saunter around in your new vicuna Kiton suit and eat all the spicy chicken you can dream of.
*adjust chicken spice to taste
I've just read E-Myth Revisited.
It goes into depth about what m_1 describes here.
The idea is that your business is the product.
Would you agree that it is easier to create systems that scale well in a business that is a product over a service business?
Do whatever you'll have the energy work at relentlessly. There are advantages to both. For example, next to no costs to boot up most service companies and you can rapidly acquire similar businesses quickly at little cost (great cashflow!). Of course the last one works against you if you ever decide to flip some equity....
Had to bookmark this to keep it as a reminder ;)
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