How rich become rich
How rich become rich
How to Get Rich in 2022: 11 Bold Moves That Guarantee Wealth
Professional Keynote Speaker, Author, Innovation Expert Read full profile
Have you ever asked yourself, “how can I become rich?” Everyone has dreams about winning the lottery and how to become rich overnight. People want to get rich. Just do a search on Google Books and you can see that it’s been a rising trend since the 90s.
Many people are looking for ways to get their first 100K, or ways to invest for a better retirement. Some are trying to succeed as entrepreneurs. People want to have enough money to buy beautiful homes, powerful cars, and great vacations. But not many know how to become rich. How do you become rich?
Being rich is more than about the dollar amount.
Being rich is a state of mind. In a sense, you could be rich but still poor, and vice versa.
You can define “rich” in different ways. There are a lot of people who simply consider it as having a lot of money. For them, rich is equivalent to a being a millionaire.
But rich can also be psychological richness. It is an achievement of being able to live without the worry of money. You don’t necessarily need to own a castle to be considered rich. Everyone can be rich as long as we are able to do what we desire freely and to have the fulfilment in life. The key of it is to live with or even less than what you have. To be “normal” even when you are financially capable to do a lot more.
You might have your own preference on which definition suits you better, but here are some ways on how to get rich. It may help you achieve either (or both) of them.
If you want to become really really rich, make bold moves.
It’s an ambitious goal to become wealthy, and if you’re aiming for that, here are simple ways to get rich.
1. Exploit your skill as a self-employed expert and invest in it.
Make it your goal to do one thing better than anyone: Work on it, train it, learn it, practice, evaluate and refine it. You may find most sports-players or entertainers are millionaires, and that is because they are utilizing their skills fully. If there’s something you’re good at, it is likely you can reap considerable rewards out of it.
It is the same concept of being the top of a particular field. When you are the best at something, you find that opportunities come to you. To become an expert of something, it is crucial to never stop improving. Successful people invest time, energy, and money in improving themselves, and it might just be the most rewarding investment you can ever make.
To get started, figure out what skill you want to cultivate. Make a list of the world’s ten best people at that one thing, and use this list to define criteria and track your own progress toward becoming the best.
If you’re a writer, for example, you might consult the New York Times Bestseller list, and identify the ten successful authors that you admire the most. Learn more about these writers, what they did to be successful, and read some of their work. Invest the time and energy in improving your own craft, by looking at successful past models.
3. Be an inventor and consider it as an opportunity to serve.
Stop thinking about getting rich fast and start thinking about serving a lot of people. If you think about what people need, or things that could improve society, your insights will have more impact. Not only that, you could be the first to produce a trending product in the future.
When you start to serve a lot of people, the effect of word of mouth is magnified – not to mention, you’ll have much more helpful feedback to improve what you do.
Having the patent of a popular invention could be the fast-lane ticket to prosper. Just look at Snapchat.
It would definitely be challenging, but consider it to be a way of serving, to benefit those who actually need your invention. No business is successful without the support of the public. Rather than squeezing every single dollar out of your customers, show them you are actually working to make them better.
4. Join a start-up and get stock.
Using the same potential consideration of start-up in the above points, owning stocks of one or more start-up companies could be a valuable investment if the company thrives and either floats or is sold to a larger enterprise.
Only a small minority of start-ups succeed in realizing large capital gains, so the odds are not good. However, you can use your judgment to see which business idea and which management team are likely to succeed. Early employees in Apple, Google, and Microsoft became millionaires on this basis.
5. Develop property.
Buying, developing and selling property has always been a major way for people to accumulate capital.
You are at risk from booms and busts in the property market. However, in the long term this remains a proven way to accumulate wealth.
6. Build a portfolio of stocks and shares.
If you can make steady investments in stocks over a long period, choose wisely and reinvest the dividends then you can build a large store of wealth. Of course stocks can go either way and many small investors lose heart when their portfolio plunges.
But over the long-term, equities are as good an investment as property and much more liquid. Stock market crashes represent great buying opportunities for those with cash and strong nerves.
7. Start your own business and eventually sell it
More and more startup have seen success with great return in recent years. If you can find a new approach towards a specific corner of the market and build a business that addresses that need, then you have a potential of success in it.
It literally can be anything: a cleaning business, a food delivery service, or a blog. It will probably take years of very hard work to build up the enterprise. All entrepreneurs will have to endure great risk and stress. But if you can pull it off, the potential rewards are huge. This is how many of the seriously wealthy people did it.
If you want to become wealthier and live a better life, build simple habits.
If you’re aiming for a stable life with enough money to support a living, start with the everyday things you can do.
8. Find a job in the right vehicle.
Choose a job of your interest – do what you love and love what you do. No one succeeds in doing what they hate.
You might have to start at the bottom and work your way up. But chances are, if you love what you do, it’s easier to make that happen. You’ll actually enjoy the process of getting to the top.
Earn the experience through different levels of work and when you feel like you have gained all that you can from it, consider moving on in other companies would widen your horizon on different business cultures. Putting more experiences in various positions would make you a more valuable asset for companies and making you a better option for higher rank duties.
Consider how the rich are able to get in with the right companies, where there are plenty of opportunities for growth. Seek places where you can grow your skill and and are able to multiply your monthly income many times over
9. Cut your expenses.
The biggest problem in some people’s path of getting rich is that they always spend more than what they earn. Living below your means will be the easiest to get rich.
Consistently track your progress on how much you’re spending. Use an app or simply an Excel spreadsheet to make sure you always know how much money you have what where it’s going. This gives you a proper place to review and refine what does and doesn’t make sense in terms of your spending.
Start cutting the unnecessary spendings in your life. Do what you can to reduce your bills: make sure you turn off the lights, plan meals to save at the grocery store, and be disciplined about eating in. Focus your life with only the necessities and in no time you will be saving a lot more than what you previously did.
10. Save it in your bank.
Set savings goals and routines to support those goals. Figure out ways that work for you in saving money, and refine what doesn’t.
Many banks have the option of creating separate savings accounts, as well as automatic withdrawals. By setting up these automatic transfers, you save passively and have to make an effort not to save.
Another thing you can try is to increase the amount of savings by 1% in every interval you wish. At first, it will be an insignificant change, but as time passes, you will notice a big difference.
Give yourself a reason and motivation to save as well. It is always important to plan for the future and saving for retirement could be a great point to persuade yourself to stay away from excessive spending.
11. Make investments wisely
Investment is much more than pure luck. One investment mistake could tear away a large chunk of your assets. So make sure whenever you are making decisions on investments, whether on properties or stock, think twice. It will be better for you to consider opinions from professionals and experts.
To give you some ideas, legendary investor Warren Buffett suggested to put 10% of the cash in short-term government bonds and 90% in a very low-cost S&P 500 index fund, so that if the market crash, you will still be fine by cashing the 10% rather than selling the stock with a bad price.
Getting Rich the Wise Way
There are a lot more important things in life than accumulating wealth. Who wants to end up rich, unloved, lonely, and in poor health? However, if you can enjoy a balanced life and at the same time become rich, why not do so?
Taking combinations from the above suggestions may not guarantee you a prosperous future, but it will surely eliminate a lot of financial troubles in your life. With one step at a time, maybe you will also become the one you dreamed of.
How to become rich: 16 ways
These 16 best ways will help you to become rich sooner than ever!
Hello again, dear readers of our useful site — Motivational tips! 😀
Everybody wants to gain a million or a billion effortlessly.
Everybody dreams of a pack of dollars falling on them out of the blue and this is how the HAPPINESS is seen by the class of poor people.
They are reluctant to work and they crave to gain success and wealth for free!
And what’s most interesting, I often hear idle people say “I want to be rich”. I ask them right away, “So, what do you do for the fulfillment of your dream?” or “Have you at least started to do anything?” The words “I want” don’t suffice; you must be the master of the words “I can” and “I’ll achieve”.
You know, a vicious circle of poverty is hard to break even with “I must do something” and “I must work somewhere” attitude. This is not enough. This is exactly the same way leading to poor living and misery. But you need more!
Now you can quit asking yourself “How to become rich?” as we have found the answer. Start following these rules and I promise you: you won’t recognize yourself in just a couple of weeks! 🙂
16 best ways for getting rich
Way # 1: Remember, your dreams are the guidelines of your life and your personal trump cards.
Dream more and, of course, believe and imagine your dreams coming true.
People without dreams slowly lose their vitality and are of no interest to others.
Way # 2: Don’t stint compliments for your family, friends and even passers-by.
Come up to a lady in the street and tell her how beautiful her dress is, compliment a man for his matching tie – in one word, turn on your imagination and do good to people!
Believe me, it will come back to you, but with a triple pleasure. Just dare try it!
Way # 3: How to get rich? Work less for someone else and devote more time to your own business.
Remember, the more you work, the worse you live.
Because you don’t have time for your personal development and your own business.
Instead, all you have is work!
Am I not right?Do you want to tell me that after your real job you come back home (tired and annoyed, of course) and begin using your gifts and skills in some other field?And what about your children, washing dishes, doing all the household chores waiting for you.
Way # 5: Try answer these questions: «Who am I?» What is the sense of my life? What are my advantages comparing to others? What would I do if I had a chest full of diamonds?”
But, please, be honest, don’t evade the truth!
The passion and power of understanding your genuine sense of life are immeasurable.
After these revelations, you will easily answer the simple question “How do I become rich?”
Way # 6: Poverty emerges whenever you avoid responsibility.
If you want to be rich, be rich!
Way # 7: Every problem can be solved in the shortest time possible.
All you need for this is minimal effort and prompt thinking on the solution.More decisiveness and less hesitation!
Don’t get stuck in overthinking.
Way # 8: How to get rich? Work only for the sake of your own interests.
Forget about any corporate culture and all the calls to it.
True is the only thing: your company is always using you, your knowledge, and skills for its own sake.
Otherwise you wouldn’t be working for it!
This is the minimum, you can think of more.
Way # 10: Help people!
Not for the sake of riches, but from a caring heart.
Be sure to help those you choose to assist.
They mustn’t necessarily be your relatives or friends.
Way # 11: Now it’s the time for me to reveal one more secret: money comes to you via other people.
That’s why communicate! Don’t live a secluded life, it won’t promote to your richness and success!
Way # 12: The top rule is that the way to great riches lies through passive income!
You receive it constantly regardless of your effort!
How to be rich? Work on your goals and your commitment to them
Put on your thinking cap, create your passive income, and live in clover!
Way # 13: Friends, stop whining and complaining about life.
Your dissatisfaction is only your fault.
If you don’t have money, then fuel your energy generator and start your business! Figure out your problems, think of their solutions, and act!
Also convert the most successful conclusions into business plans and sell them!
Way # 14: How to get rich? It’s easy!
Poor surroundings almost always drag you to poverty.
Even the richest people aren’t deprived of relatives, friends, or other supplicants who, when not beaten off properly, will soon make your treasury empty.
Communicate with Victors and Optimists.
Yes, exactly big “V” Victors and big “O” Optimists!
Way # 15: If money is on your agenda, bring something valuable to the market and people will bring you money.
And the sum will depend on your ability to convince others when describing the advantages of your invention.
Way # 16: And finally, in order to become rich, start a diary of your small victories!
Losses and failures stay in mind 10 times longer than victories and success.
If you lose heart, read your diary!
And my final piece of advice.
Never, never, never give up! Any enemy – and poverty is every man’s foe – must be fought till the end. And don’t allow any pity either for your adversary or for yourself!
How To Get Rich Overnight: A Foolproof System (That Anyone Can Do)
The fact is that if there was one great way to unlock the secret of how to become rich, we’d all be doing it.
There are no “secrets” to getting wealthy overnight. But there are proven systems to get rich — and they take time. Let’s get into the steps you can start taking today to increase your income.
There are also proven systems for starting and growing your own business. With Earnable, you get all the exact strategies, frameworks, hands-on tactics, real-world examples, mindsets, done-for-you templates, word-for-word scripts, and hard-won breakthroughs to start and grow your own business. Click here to learn more.
7 no-brainer steps to get rich (and some of them are faster than you think!)
Before you jump into step 1, it’s time to prep yourself and understand that what you think about money might be wrong. Somehow, we manage to attach strange notions and thought processes to money that make it out to be something it’s not.
We’re going to walk you through some of those psychological traps and show you how to avoid them. Starting with your money mindset.
Step #1: Your money mindset – Start thinking like a rich person
Here’s where you have got to get out of your own mind and start evaluating the way you think about money. Does it make you uncomfortable to think or talk about money, and if so, why?
I remember visiting a friend who was housesitting her parents’ house. This was the first time I’d been to the house and dare I say, it was exquisite. The parents definitely had some financial savvy. I was admiring their choice of furnishings when my friend blurted out, “Oh I know the house is big, but they worked very hard for their money.” I remember wondering why she felt she needed to apologize for her parents’ wealth.
So what if they won it all at a horse race? Their money is their money! It’s important to know that hard work doesn’t always lead to wealth. Anyone working a 10-hour shift in an Amazon warehouse will tell you that.
But it highlights a social flaw. Everyone wants to be rich but those who already are sure as heck have to apologize for it!
We’re not going to do that anymore.
Common money mindset traps to avoid
The hustle trap: The more I work, the more I earn, right? Wrong. You may be able to add an extra hour of overtime to your workday or pick up extra shifts, but at what cost? Living a rich life is also about your lifestyle. You’ll want to set up your income sources so that you can earn money in less time. Adding a passive income stream is a great way to do this, but be warned – passive income still requires up front work. But, it’s way more effective than picking up an hour or two of overtime every now and then.
What if you’re just a little more conscious of the things you don’t actually enjoy, and cut back on that instead? For instance, finding a smaller apartment at a better price because you spend too much time cleaning and too much money on heating. Frugality might have a few merits and make you appreciate your resources, but can also zap the life right out of, well, life.
There isn’t enough money out there: If you’ve grown up in a household where there was a lack, it’s possible that you might attribute this quality to money too. Here’s the thing though, rich people know that money is as bountiful as the sands on the shore. Adopting an abundance mindset will help you realize that there’s enough money to go around in the world – even for you.
Step #2: Pay off debt
Step #3: Invest your money (the smart way)
You’re going to avoid the strange flyers in the mail promising big returns on minimal investments into some company or scheme you’ve never heard of. Instead, you’re going to learn about index funds, mutual funds, exchange-traded funds, and all the other types of investments out there and discover what works best for you.
If you’re new to investing, allow us to introduce you to The Ladder of Personal Finance.
Each new rung on the Ladder is a level, and while they may increase in difficulty, they’re not impossible to beat.
Read about the Ladder below, and also check out this video where I discuss it on Good Morning America:
Rung One – 401(k) Optimize your employer’s matched contributions if available. Your 401(k) is a means to a rich end, provided that you make the investment effort.
Rung Two – Debt If you still have lingering debt, check out our methods to pay it off quickly.
Rung Four – Max Out Your 401(k) Retirement savings are cost-effective, given that accounts like the 401(k) offer tax advantages. Before you invest anywhere else, make sure you make the most of these benefits.
Rung Five – Other Investments This is where you diversify – after you’ve surpassed the other rungs on the ladder, rung five allows you to use extra money for investing in mutual funds and other long-term options.
Step #4: Automate your finances
At IWT, we’re big on automation, and with good reason. If you work a typical 9-to-5 and still want to have some decent family time or downtime, why on earth would you sacrifice part of that time to pay bills and do financial admin?
Your time is valuable and thanks to technological advancements, you get to keep more of that time for yourself.
You can set up automated transfers for bill payments, savings, and investments. Then, after your auto-payments are deducted, you can spend the rest of your money guilt-free on whatever you want. Even items you might have considered splurge items before. This is called a Conscious Spending Plan and it will allow you more financial freedom than a budget ever will.
Pay yourself first. This means to save and invest before you go to Pottery Barn’s seasonal sale.
Step #5: Earn more by negotiating your salary
Getting a salary increase has the potential to cause a ripple effect on all your future earnings. More income means more retirement contributions and extra funds for investments and savings.
If this seems too good to be true and the mere thought of asking your boss for a raise gives you sweaty palms, we have the ultimate script for negotiating a raise.
Step #6: Save money by negotiating your bills
If you have a longstanding relationship with a provider, whether it’s your local gym or a national bank, you already have the leverage to negotiate your fees.
Other things that might count in your favor are competitors offering you a better deal, you have a rocking credit score, or your provider makes a lot of money off the products you have with it.
Our founder, Ramit Sethi, jokingly tells us that he was bred to be able to negotiate thanks to his heritage and shares the fruit of those skills with us in his negotiation scripts. All you have to do is clear your throat, pick up the phone and earn those extra dollars.
Step #7: Build multiple income streams
Something you need to know about the rich is that they always have more than one source of income. Whether it’s passive income streams through investments, dividends or rental incomes, or returns on real estate, they hardly ever rely on just a salary.
Additional income streams can take the form of:
The bottom line
Getting rich is not reserved for a select few out there. It’s available to anyone who has the gumption to give it a go. Future you only has one ace in the bag, and it’s the decisions you make today.
Instead of waiting for the proverbial ship to come in or banking your rich life on imaginary winnings, you can make small but indelible changes to your finances that will shift your financial future. You deserve financial freedom.
Every great business begins with a profitable idea. After creating 18+ successful products of our own, we’ve developed a system that guarantees your business idea will pay.
If you’d like to see the system we’ve built — or if you just want to put your existing idea to the test — enter your name and email below.
When you do, I’ll send you a free tool that shows you how to find a profitable business idea in less than a week.
How to Become Rich: 13 Proven + 12 Not Recommended Ways to Get Rich Fast
Like everyone, you too want to become rich. But you don’t have any clear idea about how to get rich quick & fast. You have already heard so many ‘get rich quick scheme’ from someone or read so many times on internet but have never succeeded at any of those.
But today I will show you some practical & guaranteed ways to become rich fast. Thousands of people have used one or more of these ways & became millionaire.
There is only one thing which you need to become rich.
And that is your STRONG DESIRE.
So, if you have a burning desire, I can show you some proven ways to get rich. There are nine solid ways to become rich & most of the people in this world who became rich used one of these.
13 Proven Ways to Get Rich
Here I am going to show you the most proven 13 ways to get rich. Remember, there are no shortcuts to success. So, to make lots of money, you must work smart & hard with strong desire.
So find here the ways here-
1. Internet Marketing
This is one of my favorite ways to become rich. If people ask me only one & the best way to become rich then I recommend Internet marketing only. Millions of people around the world have become rich through Internet marketing over the last 15 years.
There is no better time than this for a smart & hard worker to use Internet marketing to get rich quickly. There are number of ways provided below-
i) Make Money Online Program
There are hundreds of ways to make money online. You can find all these ways here. We also provide free training material for each & every method once you sign up.
ii) Sell your own product
This is another method, I will recommend to get rich fast. Either, you can create your own website to sell your products or become a seller on sites like Amazon, eBay etc. & sell your product.
iii) Blogging & Affiliate Marketing
Then promote it through digital marketing techniques, get the traffic and make huge money. You can earn either by placing AdSense ads or promoting affiliate programs in your blog.
2. MLM (Network Marketing)
Believe me, this is one of the easiest & quickest way to get rich. Not one, but I have literally seen hundreds of people made millions of dollars though network marketing. No education, no qualification & low investment needed to get big success in MLM.
So what exactly you need to start making money from network marketing.
If you want to increases the speed of success, you can promote your MLM company through Internet.
3. Shows like ‘Who Wants to Be a Millionaire’ or ‘KBC’
Whether it is ‘Who Wants to Be a Millionaire?’ in USA, or KBC in India there is a big scope of making a million dollars in just 1 hour time. The major factor here is your luck. Another important factor is your knowledge.
Hundreds of people earn big amounts every season in these shows. Many of them have earned even 1 million dollar with their sheer intelligence.
4. Stock market
What better option for people with financial knowledge? However, high returns in stock markets involve high risks. Stocks have the ability to make you millionaire overnight, or bankrupt too.
So play safe & in limits. Your knowledge about market plays a very important role to make big money in stock market trading.
Even if you have lots of knowledge, there are some basic rules of stock market you need to follow. In order to make (not lose) big money in share market, stay updated regularly through finance blogs or news channels like CNBC, Bloomberg etc.
5. Bring a new idea
There is no second opinion in the philosophy: “ An idea can change your life ”. Here I am not talking about the idea to make money but an idea to solve some problems in your life.
Some of the ideas that made people super rich –
You can also think of small ideas that are new in your city, state or country. Some of the ideas that you can work on:
6. Make Viral YouTube videos
Sometime even one simple video can make you earn thousands of dollars like Charlie Bit My Finger. If you create a channel and create quality videos regularly then there are great chances of becoming rich.
If your channel becomes famous you can earn millions by joining YouTube Partner Program. You can refer this ultimate post to make money from YouTube.
You can find some of the YouTube video ideas here and check some of these 40 famous & rich YouTubers who makes millions of dollars monthly.
7. Gambling
There are many legal ways of gambling & betting you can use to become rich. You can find number of online gambling sites, casinos or you can even buy lottery tickets.
But there is an equal chance of losing your money. If you can afford to take this risk then this is also one of the best way to make money.
8. Work hard towards your passion
Every person in this world comes with some passion. Don’t let this waste. Work hard towards your passion that when there is a discussion on that topic, people will know your name.
There are thousands of such examples.
You have the passion for photography, you can become a top photographer; you have passion in studies, you can do your best in education; you have passion in sports, you can become a top sportsperson; you have the passion in music, you can excel in music world & so on.
9. Marry a Rich Girl / Boy
Bill Gates says: ‘ It is not your fault if you are born poor. But it is definitely your fault if you remain poor.’ What easy option can you find than marry a rich girl (if you are boy) / boy (if you are a girl). If you can manage to marry a rich girl or boy then you can make yourself a rich person.
There are lots of ideas on internet that will give you the secret of attracting a girl. If you follow this idea then follow with a true heart & never try to cheat anyone.
11. Ancestral Will
A Will is a legal document when a person wants to transfer his property or possession to his legal possessor or immediate relatives. If you are legally nominated as the possessor in the will, you can get rich overnight after the persons death.
12. Invent something & earn royalties through Patents
You can even think of inventing something and earn royalty by patenting your product. If anyone wants to use your patent product, he/she will pay you what’s known as a licensing fee. This can become a lucrative business as you can make millions in profit.
Bayer sells cancer drug Nexavar and earns millions per month through its patent drug.
13. Lottery
This is one of the simple and easiest ways to become rich with little investment. One can play online lottery to earn money in his free time and quickly become rich. Online sites like LottoKings, Lottoland are quite popular to play online lottery.
Not Recommended Ways to Get Rich Fast
Other ways to get rich fast is making money though illegal ways which sometimes make more money than some of the most profitable businesses. But none of these ways are recommended as these are against the law..
1) Carding
Carding is trafficking of bank accounts, credit/debit cards to withdraw money through fraudulent activities. The use of credit cards have increased tremendously to pay bills and for online shopping. You can steal credit card information or bank details information and use it to buy lavish and Luxury product in account holder’s name.
2) Illegal Trading
A lot of dark web platforms/merchants are there for illegal buying and selling of restricted goods or products. If you can find someone who is trading illegal goods you can buy it in dirt cheap price and sell it to someone who wants to buy it. Just add your commission and you are good to earn some hefty amount.
3) Webcam Model
4) Start an Escort service
Starting and operating an Escort service can bring in thousands of dollars on monthly basis. One needs to connect with top models and watch for clients who are ready to spend hefty amount on them.
Earn your commission on every client who takes your escort service. This is one of the most high profile business where you can become rich overnight.
5) Ponzi Scheme/ Fake Scheme
A Ponzi scheme is a fraudulent service which promises high returns to its investors on their investment. You can create ponzi scheme and grab the interest of the investors who are ready to invest in your scheme/business.
The more people invest, greater would be your profits. You can keep paying your older investors till you have funds coming in. When flow runs out you can close the scheme and go underground.
6) Hackers for Organized crime or Cyber crime to steal money
One of the rising ways, due to increase in the number of internet users, is to steal money online or sell critical information through hacking. One who understands technology and has hacking skills can become rich overnight by hacking someone’s account or steal giant companies data and sell it for millions to their competitors.
One should also understand that it’s a high risk affair and you could be jailed for years under the cyber crime law.
7) Drugs Dealer
This can be a high income generating business for you as there is a steep rise in the number of people who wants to consume drugs. Watch out for a drug baron to purchase drugs illegally and sell it buyers in small quantity.
Once your name becomes synonymous among drug user’s, druggie’s will start approaching you. You can become rich by dealing and selling drugs with high demand. One should remember that this is a high risk business and if caught you could land in jail for years.
8) Gold Smuggling
Being a gold smuggler can fetch you high income as Gold being one of the precious metal with high demand both nationally and internationally. You can become a gold smuggler by supplying large quantities of gold through hidden ways in different countries.
One can become rich as buyers are ready to buy gold worth millions of dollars. You can calculate the commission you can earn through smuggling of gold.
9) Illegal Wildlife Trade
Wildlife Trafficking is also a way where you can make big money and become rich through sale of rare animal species. Rare animal species like India Pangolin, Owl, Tortoise, tigers are always in demand.
You can watch out for buyers nationally as well as internationally and quote huge amount and can earn anything thousands of dollars.
One should remember that illegal wildlife trade is the 4 th largest crime in the world leading to decimation of wildlife species.
10) Black Arms and Ammunitions Trade
Illicit arm and ammunitions holds about 10%-20%. Hence you can calculate your earnings if you become a trader for black arms and ammunitions. Laws are very strict against illegal trading of Black arms as you could be jailed for more than 10 years with heavy fines.
11) Counterfeit Products
Counterfeiting products means imitating or creating a copy of a high priced branded product. Countries like India, Dubai, USA is huge market and has become a base for manufacturing duplicates for branded products.
You can manufacture or import from china and sell in the local market with low price tags with high volumes and easily generate high profits to get rich.
12) Illegal money transfers
Illegal money transfer, also called ‘Hawala’ is a money transfer system widely used in Arab states and different parts of the world. The broker has to ensure safe transfer of money without actually physically moving the money.
All these ways are not recommended because you can get into very serious trouble with law. This will also severely affect your family and social status.
So which idea do you want to go with to get rich fast? If you are already rich, then how did you become rich. Tell your story through comment.
How to Become Rich in 10 Easy Ways
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Most people, if not all of us, want to live in financial comfort and stability. We want to be rich, to be able to buy anything we want, and to have access to a premium lifestyle. While the end goal is clear, it’s hard to know where to begin your journey to being wealthy.
Before you get started, it’s important to acknowledge that becoming rich takes time and effort. There are very few ways to instantly have large amounts of wealth, and all of them are luck-based. Not all of us can win the lottery or inherit a fortune from a mysterious rich relative. Becoming rich in most cases involves a lot of hard work, patience, and time. There are some tried-and-true things you can do that can help you get rich, but the key is to constantly and consistently work hard, keep track of your personal finances, and keep your eyes on the prize.
1. Add Value
Something many self-made wealthy people have in common is that they are valuable in specific ways. Even when millionaires and billionaires are taken out of the equation, many rich people — doctors, engineers, filmmakers — have gotten rich after adding value to themselves and then adding value to the world. For example, a rich neurosurgeon may be specially talented and skilled. This surgeon added value to the world after improving their own skills and quality of life.
Adding value to yourself is a good foundation to begin your journey to being rich. Develop some knowledge or skills that justify someone paying you a good amount of money. Convince people that you are worth a large paycheck because you will add value to their lives in return.
2. Tax Yourself
The concept of saving money is not a new one. However, it is extremely easy to “dip into your savings” when you want something badly enough. The key to accomplishing your goal of amassing wealth is to actually try and save money.
A different way of looking at your savings is to view them as taxes. Once you pay your taxes, you never get the whole amount back. Treat your savings the same way. Set money aside in a savings account or transfer it to a totally separate account where you cannot touch it. Treat your savings like money that you will never get back, until the day that you get it all back at once.
3. Create a Plan and Follow It
The likelihood of suddenly stumbling upon unlimited riches is extremely low. While it may seem that a lot of the success stories you hear are luck-based, this is actually not true. There is probably some chance and luck involved, but most rich people became rich through meticulous planning and discipline.
This includes things like budgets and timelines, as well as a plan of what to do at every step of the way to success. It is important not to get complacent and do your best to keep going, and having a plan helps without wasting unnecessary amounts of time. Creating a budget and following it is only one part of this process.
Take the first step—create your budget.
Making and sticking to a budget is easy with Mint.
4. Invest
The core principle behind investing is that you end up making more money than you spent. However, it is important to choose your investments wisely. There are plenty of places for you to sink your money into, but figuring out which one of these will result in you profiting is difficult.
Real estate is sometimes a good investment, but it is expensive. Investing in the stock market does not have to be expensive, but it can be risky and unstable. A 401K is a wise investment that you should invest in, but it can depend on how well the business you work for is doing. There are plenty of factors to consider when investing, so make sure you think about it rationally. Talk to experts or friends who are experienced in investing before making a decision.
5. Start a Business
This is much easier said than done, but the last four steps lay the groundwork to be able to start your own business. If you have a knack for business or want to be your own boss, this can be a great step to making some money. However, as many entrepreneurs will tell you, creating your own business requires massive upfront costs and low revenue in the beginning.
Being an entrepreneur is not a quick way to get rich — it is a massive change in lifestyle. It has its unique trials and rewards, and in many cases is totally worth it. However, this is not a choice to be taken lightly. It requires commitment, grit, and some luck to be successful. While it may take some time, it can certainly help you get wealthy.
6. Be Grateful
Becoming rich does not only require external factors to fall into place — many personality factors have to align for you to succeed at whatever venture you’ve started. Staying humble and grateful for the progress you’ve made at every step of the way is essential.
People do not want to give their money to someone who does not appear to appreciate it, or gets too carried away with any moderate amount of success. Keeping your life in perspective and having a considerate, thankful, and humble attitude is the way to go.
7. Develop Patience
Another important personality trait to being successful and rich is patience. Nothing big is accomplished overnight, and you cannot and will not get rich in a matter of days. All the efforts you put towards accumulating wealth could take months or even years to pay off. It’s easy to get frustrated early on, especially when it seems like there’s a new wealthy person in the news every other day. However, realizing that your pace of success does not have to compete with theirs is crucial.
In the long run, patience can be extremely rewarding. This does not mean that you should get complacent or wait things out instead of taking risks. Success can take some time, and getting frustrated is detrimental to your efforts.
8. Educate Yourself
It is key to try and educate yourself, not only in your chosen field but also in the ways of the world. Keeping up with the news, for example, is extremely important if you want to make a decision about investing or find out about upcoming trends. Ignorance is the prime killer of any efforts to make money.
This means you have to constantly educate yourself. You cannot let major events or trends slide, because in each of them there is a threat or opportunity for you. Staying aware and educating yourself about current events is essential.
9. Take Calculated Risks
There is no money made without a risk taken. Whether it’s starting a business or investing in stocks, every avenue to making money requires some risk. Even selling your old furniture requires you taking the risk that the buyer will show up and will pay you. It is a comparatively small risk when compared to deciding whether to spend millions of dollars on a new product line, but it is still a risk.
In order to make money, you have to take a chance that a venture or idea you have will pan out. Therefore, it is important to think deeply and evaluate multiple possible outcomes before you decide that an investment is worth it. Taking risks without thinking about them beforehand is an incredibly quick way to lose money. To earn, you should take risks, but they should be calculated.
10. Give Back
It is important to give back to the community. This leads back to the first point about adding value to the world around you. If you earn some money, give some back to a cause you believe in. This way, you are adding value to the world after having added value to yourself.
Another benefit of giving to charity is that people perceive you as a better person when you give to causes they care about. They are likely to trust you more when they see that you aren’t intent on hoarding the money they give you, and that doing so will benefit their community in turn. Of course, the tax benefits of giving to charity are also a great incentive to do so.
Being rich means something different to every individual. Some people are happy with a decent-sized home and a moderate-income job, while others want to be millionaires and billionaires. Regardless of where you feel you fall on the spectrum, these steps can help you achieve the level of wealth you want. Before you get started, though, make sure to sort out your current finances so your bank account is ready to expand.
Источники информации:
- http://motivational-tips.com/money/how-to-become-rich-16-ways/
- http://www.iwillteachyoutoberich.com/blog/3-proven-steps-anyone-can-take-to-become-rich/
- http://moneyconnexion.com/how-to-become-rich-9-proven-ways-to-make-you-rich-fast.htm
- http://mint.intuit.com/blog/relationships-2/how-to-become-rich-622/