In real estate. Work towards investing in property development. Work for a property developer, if possible, while scrimping and saving to get your first deal going. Be extremely nice to Real Estate brokers, and everyone else in the business.
Once you have the knowledge and contacts established, the investors will be there to support you.
2007-09-14 21:09:26
·
answer #1
·
answered by M O R P H E U S 7
·
0⤊
0⤋
Start young and invest in asset-generating businesses. Then tend to these businesses with the care and attention you would normally reserve for a loved one.
Over time, they will accumulate in value, as well as generate cash flow throughout your period of ownership. As you sell each, consider expanding the scope of your business or consolidating it, as the circumstances dictate.
You must assume risk and should develop a network of financial backers and like-minded partner(s) to assist as needed.
Again, I must stress, you will have to pay attention to each business and work extraordinarily hard to build them to success. As you might expect, the downside is time away from family and friends...initially. However, you asked about material wealth, not the version of "rich" that's more likely to be found in this forum.
Beware of your quest, it is fraught with misery. Remember to be kind and to love...first and always.
2007-09-11 13:38:14
·
answer #2
·
answered by el_dormilon 3
·
1⤊
0⤋
Rich family and worked up so am now a big hotshot.... but started from scratch without family support..... thats whats hardwork. LOL
2007-09-11 14:59:12
·
answer #3
·
answered by Anonymous
·
0⤊
0⤋
Be born in a rich family.
2007-09-11 13:00:01
·
answer #4
·
answered by OldGringo 7
·
1⤊
0⤋
it s what u think ur matters,i found a fisher man richer than me ,although he earns 1dollar a day coz he was happy with it and felt that he was the king of his boat
2007-09-11 15:11:38
·
answer #5
·
answered by Anonymous
·
0⤊
0⤋
I was always told do what you love and you will eventually make money at it.....I 'll let you know how it pans out
2007-09-11 13:41:31
·
answer #6
·
answered by penydred 6
·
1⤊
0⤋