help me on the basis of tips
2007-12-30 06:07:54 · 10 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
The first thing you should do is read a book called "The Cash Flow Quadrant" by Robert Kiyosaki, here you will discover how your mindset has to change, so that you are able to move from the quadrants of mediocraty to the quadrants of the rich.
I see from another answer that they recommend Napoleon Hill's "Think and Grow Rich" excellent reading and here is a third, again by Robert Kiyosaki "The Business School for people who like helping people".
Another thing to do is take a look at the web site I have noted below here you will see a video of the industry recommended by Robert Kiyosaki.
If you would like any more information get back to me by email and I will attempt to answer your questions.
2007-12-30 06:51:57 · answer #1 · answered by Anonymous · 0⤊ 0⤋
A good way to make alot of money and be successful is to put other people, things, money, investments etc to work for you. This is how people truly become rich and successful. You can only do so much by yourself but when you compound your efforts, you see incredible effects.
Let me give you some examples
Putting people to work for you - Why do employees get paid money. Good owners won't pay employees unless the employees are bringing more value and income into the business than what they are being paid. This is only logical but still very powerful. Good business owners make alot of money because they have alot of employees making more money than what they are costing the owner.
Putting other things and objects to work for you - When you create something that can work for you and make you money, you make far more than what you can earn by yourself. For instance, when a singer writes a song or an a writer writes a book, or an inventor invents something they are hoping that many people will use it or listen to it or buy it. Each person pays a little which adds up to alot for the person who originated it. This is why patents and copyrights are so important in that they provide this incentive.
Putting money and investments to work for you - The ultimate way to become rich even on a modest income is to put away money each and every month that will eventually make you a ton of money. This is the beauty of compounding interest. Once the money that you save makes you more every year than your day job, you are truly doing well.
None of these is necessarily easy. If they were everyone would be rich. However, if you start now and become dedicated and goal oriented, you will be successful and rich one day. The first step is to simply decide that you will be successful. This will most likely include education (both formal and informal) and alot of hard work.
Hope this helps and good luck!
2007-12-30 14:56:32 · answer #2 · answered by Anonymous · 0⤊ 0⤋
If love was measured in wealth, we would be the richest family in the world.
No, but really, the only best bet, tried and true safest method is having an IRA or 401K retirement plan. Put 10% of your paycheck every month into your account, and invest it in some good stocks/mutual fund Don't ever take out your money until you retire, and you'll see that plan grow fat with money.
2007-12-30 14:43:45 · answer #3 · answered by RxV 3 · 1⤊ 0⤋
Giving of yourself in charitable endeavors will give you a very rich life.
If your question is how to become extraordinar(il)y wealthy, go away son you're a bore.
2007-12-30 15:14:16 · answer #4 · answered by john p 3 · 0⤊ 0⤋
If you live in america,have food in your fridge and a roof over your head, compared to the rest of the world that`s in deep poverty of the 90 percentage, your a filthy millionaire.
2007-12-30 14:16:16 · answer #5 · answered by Anonymous · 2⤊ 0⤋
Work exceptionally hard at it. But do keep in mind that you are already extraordinarily wealthy in comparison to the rest of the world.
2007-12-30 14:19:56 · answer #6 · answered by Bostonian In MO 7 · 2⤊ 0⤋
I can help you get started working with Google's Adsense program on the internet if you want. I make good money with it, and it is extremely easy! Email me if you want more info!
Good luck and God bless!
2007-12-30 14:35:54 · answer #7 · answered by Anonymous · 0⤊ 0⤋
lucky genes, inheritance, famous movie star, successful business, lottery, crime(they usually lose money if big time) or work and save. most people are not rich.
2008-01-02 20:23:36 · answer #8 · answered by Anonymous · 0⤊ 0⤋
marry someone that is extraordinary rich.
2007-12-30 14:19:33 · answer #9 · answered by Jerry S 7 · 0⤊ 0⤋
Work hard, live below your means, save your money in IRAs or 401ks.
2007-12-30 14:12:00 · answer #10 · answered by kevin h 5 · 1⤊ 0⤋