How to become rich

How to become rich



2 How to earn wealth 2.1 Self-improvement 2.2 Practical steps 3 ideas to become rich 4 Preserve the rich 5 behaviors that keep you from getting rich 6 characters turned from poverty to wealth 7 Wealthy People of the World 8 References Get rich Some are born rich and have enough wealth to fulfill all their desires in life, and some strive to get the lowest requirements of life. But most people wish to have a lot of money , and they seek in many ways to obtain wealth, work hard, make a project of their own, or develop ideas and plans to achieve their goal. A rich person is defined as a person who possesses enough property to spend and consume without worry , thereby obtaining a life of comfort, luxury and pleasure. [1] How to gain wealth A person may get money from the heirs of his family, without any effort or effort, and others may need to think, create small projects that are very profitable and inexpensive, and follow the advice to own them; wealth is not confined to a specific category that can be achieved, because the matter requires determination and perseverance. A challenge. Before starting serious work until the individual becomes rich , he must realize that work on the psychological side and creating positivity are among the most important elements for achieving wealth, and here is a statement of how to gain wealth: Self improvement The attainment of wealth requires a psychological preparation for the journey to obtain it, as it is possible for an individual to be exposed to many obstacles in the beginning, and if he had not improved himself and fortified him before starting it, he might retreat and lose his chance of becoming wealthy. Self-improvement is done by following a set of tips: [2] Self-belief: One of the most important secrets to obtaining wealth is to believe in a person himself, because by doing so he will create opportunities until he reaches his goal, but if he lacks his confidence he will always be suspicious of success , and much fear in every step he takes. Trusting intuition: If a person wants to succeed in doing something, he must trust his decisions and his intuition, so he does not adhere to the opinion and experiences of others, and stand in front of every opportunity to study and analyze it, so that it is not lost in the face of confusion. Understanding of luck: The luck is a fact, but it is linked to the extent, it should be the person to do whatever he can then put what you make in the hands of fate, and should not be locked up himself to the concept of bad luck , which is constrained and prevent him from achieving what he wants. Openness: The person does not limit himself to options that he believes are the most successful because he has not tried others, he must try everything that is available to him, and be more open to options. [3] Practical steps When thinking about becoming a rich person , he must follow the principles taken by the rich people in their lives. Here is a set of these principles and tips: [4] Managing financial resources: Every person has certain sources of income that come from some sources. If the person does not manage to handle them, they will be lost, even if they are many. So he has to improve its management, so he determines his necessary expenses, so that his income is higher than his expenses, not the other way around. Create a plan: Wherever a person heads, he needs a plan to reach his goal, so a plan must be developed that outlines career paths or projects that can be directed to. Taking the risk to make money: staying in the safety zone because of fear of failure will not help you reach success. The risk must be considered, and subject to discussion with the specialists, and include part of the money and time, not all of it. Also, the risk is determined by certain factors: Age: The younger a person is, the more he is at risk. Family obligations: A person with children has less risk. Income or the amount of wealth: the risk is not higher than the wealth . If he loses, he will lose his wealth and bear debts. Savings: It should start from a young age to set a certain percentage of income for savings. Work hard: Because wealth comes with hard work and not at rest, the wealthy displayed strong willpower , sacrificing their comfort and sleep hours at the beginning of their pursuit of their wealth. Finding new sources of income: This is done either by developing some of the skills that he possesses, so that he can use them to bring him new income, or by investing some money in real estate or projects that bring income. Debt disposal: by making debt repayment a priority, and is only borrowed when absolutely needed. Contact with successful people: When a person surrounds himself with people who have goals, or people who are successful in their work, he will benefit from their experiences, and be encouraged to achieve his goals. Ideas to become rich Here are some ideas that may help increase a person's income: [5] [6] [7] Real estate investment; owning apartments, agricultural lands, stores, shops, offices, etc. Investing in entrepreneurial projects and startups. Examples include: Establishing a consulting firm that provides deal-making services between several parties provided that it receives a percentage of the cost of the deal, or a percentage of the agreed profits. Learn the mechanism of investment portfolios, speculation and investment in the stock market and the stock market, with the necessity of building the necessary knowledge to go into this investment field. Businesses of all kinds, but they require capital and a strategic plan to continue supplying or exporting goods and producing them according to supply and demand. Investing business via the Internet is one of the easiest ways, but it is not without risk, and it is necessary to create specialized knowledge in a specific field because the fields on the Internet are many and very many, as services can be provided remotely, or self-employment, and goods can be sold and marketed. Authoring, printing and publishing books. Investing in famous websites. Investing by saving small amounts daily and securing the financial situation from savings in the event of any emergency, or to finance other investments. Keep rich After the individual realizes the rich, it is important to realize how to preserve the rich he has reached, in order to ensure the continued existence of the financial wealth, and here comes a set of reasons related to preserving the rich: [8] Avoiding Rapid Rich Plans: It is a prevalent idea of ​​the rich who are keen to achieve quick wealth; by participating in a range of activities, such as buying shares , but many rich people are interested in maintaining their financial wealth by applying a slow and steady approach to investment, rather than risking Implement quick plans to achieve wealth, which are described as volatile. Attention to saving for retirement: It is one of the necessary things that the rich seek to take care of them, as saving for the time to reach retirement is one of the most important priorities for the rich, because they are interested in maintaining their lifestyle during the years of their wealth or work; therefore it is important to save money to benefit from it when obtaining To retire. Paying attention to taxes: It is a direct influence on the rich, as they are subject to a higher rate of taxes . Therefore, most of them seek to reduce the impact of taxes on them through the use of investment portfolios that constitute places for distributing investments, and financial assets using various financial accounts, in terms of vulnerability to tax. Building various sources of income: It is an important reason for maintaining wealth. The rich person must realize that he cannot achieve wealth by relying on a fixed salary, so he may lose his job unexpectedly; therefore it is important to take appropriate measures to protect oneself from exposure to this situation; While looking for other sources of income, such as investment business. Actions that keep you from getting rich Some take wrong directions to achieve wealth, which may cause them to believe that they are moving in the right direction to achieve wealth, but their endeavor does not bring any success. Among these misconduct: [9] Focusing on saving, and believing that it is the means to get rich. Despite the importance of saving, earning money is more important than saving it with the rich. Sticking to work that gives steady income may lead to wealthy but slow, while freelance and diversified work makes more money and gives wider experiences. Living in luxury and spending on things a person does not need, or buying expensive things with the possibility of exchanging them for the same things, but at lower prices. The person seeks to achieve the dreams of others, and forget about his dreams and goals, and by this he does not practice his work with love, so he does not achieve success in it. Spending on all the necessities and luxuries of life, thinking about saving the remaining income, and the correct thing is that a percentage of money must be saved before spending anything of it. Characters turned from poverty to wealth In the world of the wealthy, there are many examples of personalities who lived a life of poverty, and then worked hard and expanded, and they possessed tremendous riches. They are models that give hope to every person who wants to become wealthy, and they encounter every person who fails to strive on the pretext that it seems impossible. Among the most famous figures who have turned from poverty to wealth: [10] Oprah Winfrey: Oprah was born to a poor family in Mississippi, but she did not give up her dream to become a broadcaster, so she got a scholarship at the University of Tennessee, and at the age of nineteen she became the first female reporter on African-American television . She later had her own program, and made a fortune of $ 2.8 billion. Starbucks founder Howard Schultz: Schultz grew up in a poor area, but he dreamed of becoming like other rich people, so he got a scholarship at the University of Michigan, and then he took a small cafe, and at that time he had 60 branches, and began developing it until Starbucks became one of the most famous cafes, and he has 16,000 branches worldwide, and Schultz now has a fortune of $ 2.8 billion. WhatsApp founder Jan Kum: Jan Kum moved to live with his mother, until he had to work as a cleaner in a shop because of his poor condition, when he was 16 years old. Jan started to learn various computer technologies, and in 2009 he participated in founding WhatsApp, the largest messaging service on phones, and he sold it for the equivalent of $ 22 billion, and he now has approximately $ 9.1 billion. The wealthy of the world Here are five wealthy people from the world mentioned by Forbes magazine in 2018 and they are: [11] Jeff Bezos: Jeff Bezos was able to access this list thanks to the Amazon website that he created (Amazon.com). Bill Gates: Founder of Microsoft Corporation. Through this company, Bill achieved great profits that made him among the world's rich. Bill also founded the Bill and Melinda Gates Foundation, which contributed to the fight against polio and malaria , and made a donation to fight Ebola . Warren Buffett: Warren Buffett: One of the most famous investors interested in investing value and he was known as (The Oracle of Omaha). Warren bought shares in a textile company (Berkshire Hathaway) and he was the first to own shares in it, then he became the owner of the largest stake in it in 1964 AD. Bernard Arnault Family: An important wealthy in this list is the CEO and Chairman of the Board of Directors of LVMH, which is the largest luxury goods company in the world, as this company owns a group of the largest brands. Mark Zuckerberg: He is one of the inventors of Facebook and CEO of the Facebook company, and this company made the name Mark shine as one of the wealthy people in the world thanks to its great profits, and Mark participated in many charities such as his contributions to public schools in the state of New


تعليقات