What's the quickest way of becoming rich?

Question

Plan to set up a small business firm of my own and probably later on develop that into some sort of an established company. So, is it possible for me or anyone else to bring about this transformation in the quickest possible way?

Answer 1

Assuming that you have enough experience and education to start a small business...very very few people become "rich" quick...unless they win the lottery or invent something major. It's good to hear that you are planning to have you're own business, but keep in mind that most businesses take a year or more(depending on the type of business and how well you manage it) to even make a profit. So please be realistic and don't set your goals so high because this will only set you up for feeling like a failure. I'd reccomend doing alot of research and maybe even seeking advice from people that have similar businesses...most of them will be glad to give you some really good and realistic advice. If I sound like I'm being negative, please know that that is not my intentions...just being realistic. I've always dreamed of having my own business and I admire your courage for attempting this. I recently started a very small business selling clothing and accessories and there is almost always tons of things that come up that you never expected..speaking of expenses. It's just par for the course. But, I knew that I had to start really small and "test the waters" so I rented a booth at a local flea market..fortunately I live near one that claims to be the world's largest indoor flea mkt.(I'm not sure) but nevertheless, I want so badly to have a real boutique in a regular building someday. I started out with a space that's 10x12...and after a few months moved to a space that is much larger..but I waited until I knew for sure that the customers liked what I had to offer before even making this step. This may be totally different than what you are planning to do, but it's true with any business that you have to crawl before you walk...and your's may be to a totally different degree...but it's the same concept. There are a few exceptions and I have heard of people becoming an overnight success...this would be great if it were true for everyone, huh? But again, being realistic...it is rare. I wish you much success with your business and remember to expect the unexpected and don't let any obstacles stop you from reaching your dreams. Experience is the best teacher..and learn from your mistakes and know that starting a business requires much thought, time, work and patience. And most of the time you have to spend money to make money. Good luck to you and I hope that your business is a great success! I apologize for such a long answer..there is just so much to starting a business, which I'm sure you are aware of, and it's hard for me to answer this one in just a sentence or two. Best wishes!

Answer 2

There is No quick way to become rich. Winning the lottery takes time to hit, even if you do become a winner, I can play everyday and do not win unitl you are about 100 years old, you do not hit the lottery right away. If you get money throuh inheritance, the person did not die right away. What I am trying to say is that with everything you have to wait and be patient. Plan a business, research what you enjoy doing for a career on your own and get it going. Seek SBA, friend, family, personal bank loans to help you fund the business, only if you can afford it. Starting small ends up big only if you believe it.

Answer 3

The fastest way of becoming rich is to get involved in the network marketing industry, this is an industry worth $102.6 billion worldwide.
All network marketing companies have a system in place and provided you follow it to the letter you will succeed.
Ideally you should find a company which works in the service industries, where you provide a service which your customers are already using and where you and your team become customer getters and you get paid a small % of the customers bills.
If you would like to see an example click on my 360 profile and you will find a web address where you can see an overview of this type of company.

Answer 4

Minimize your cost of living ( seek clean, safe , shelter with hot and cold running water ) for awhile.
Pump your extra $$$$ > part into the business and
Part into a good return savings fund for use during the inevitable down swings in business.
This will enable you to limit borrowing which costs lots of $$$$ in % which is money down the commode.

Live beneath your means for a few years ,
Fore go luxuries now , then start enjoying them when the business becomes self sustaining .

Answer 5

There is no quick and easy path to be rich.
The right path to financial freedom is starting up the business that works for you. check out my business www.pics4me.myphotomax.com, this is a new technology that has just started and I need people to help me around the world. If interested email me on [e-mail]

Answer 6

I found a really awesome business and it only costs $10 a month! Although your first 7 days are free!

Go to http://www.freedom.ws/money4ubiz.ws and watch the video.

Once you have done that let me know and I can give you some more information on ways to promote that business and ensure that it works for you.

Answer 7

commence via being smart sufficient to submit your questions wisely. no person is gonna get prosperous in the event that they might't even make certain the variation between "get prosperous speedy" and "Languages". yet, ummmm. in case you should "grow to be a millionaire in usa...at as quickly as and without too lots attempt", easily everyone could be doing it. human beings grow to be millionaires via being particularly diligent, working relatively problematic, and for a protracted time. Saving their funds. and then, you should get fortunate, too.

Answer 8

See your self rich already, know that you deserve it, and release it to the universe. If you know its possible then it will happen someday, you just can't rush things.

Answer 9

The quickest way, is to inherit it.

Answer 10

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