Connects People to Local Communities

Home | Register | News | Health | Autos | Success | Finance | Business | Love and Relationship | Sports | MORE..

| Top 500 Local Communities | Join a Local Community | Top 100 Blogs | Top 200 Local Business Directories |

Author Five Ways to Become Wealthy  (Read 1395 times)

Description: The Five Roads to Financial Success and How to Choose Your Own

0 Members and 1 Guest are viewing this topic.

Offline eagleeye

  • Jr. Member
  • **
  • Posts: 61
    • Share Post
Five Ways to Become Wealthy
« on: April 29, 2012, 10:34:51 PM »

There are basically five ways that you can become wealthy starting with nothing in America based on over 25 years of research into American millionaires. Number one, you can inherit it. Less than 10 percent of wealthy Americans inherited any of their money, and it's less and less every single year.

The Second Way

The second way that you can become wealthy is you can achieve it professionally. You can become a doctor or a lawyer or an architect or an accountant. You can become extremely good at what you do, be paid very well, and hold on to the money.

The Third Way

The third way you can achieve it is you can become a senior executive of a large corporation. You can be highly paid; you can have stock options and bonuses. And if you stay with the company long enough, for enough years, you can be paid enough to become wealthy.

The Fourth Way
You can win it. But only a tiny fraction of one percent of wealthy Americans got that way by winning their money some way or another. As a matter of fact, the odds against you winning the lottery are the equivalent of lightning striking twice in the same place. They're millions and millions to one.

The Best Way

The fifth way that you can become wealthy is you can start your own business and earn it all by yourself. Starting your own business has been and will always be the high road to becoming wealthy for most self-made millionaires. Entrepreneurship in America offers more opportunities and opens more doors than all other possibilities put together. This is why it has been said that if you have the ability to start your own business and you don't do it, you are a fool. I'll repeat that. If you have the ability to start your own business and you don't do it, you're a fool.

Where do you start?

You start by getting your finances under control. The very first thing you do is you make a decision to get your finances under control. Some years ago, a man named George Classon wrote a book called The Richest Man In Babylon. It's a classic on financial success and what Classon said in that book was that the key to becoming wealthy is to pay yourself first. Take ten percent off your earnings, off your gross income every month and put it aside. Learn to live on ninety percent or less of your gross income. So the very first thing that you do is you begin to save your money.

Originally written By: Brian Tracy



Five Ways to Become Wealthy
« on: April 29, 2012, 10:34:51 PM »

Share via facebook Share via linkedin Share via twitter

5 Ways To Start Your Business & Be Your Own Boss

Started by Son of King

0 Replies
Last post April 29, 2012, 10:11:39 PM
by Son of King
Ways to make Genuine income

Started by evankenny

0 Replies
Last post January 12, 2013, 10:45:12 PM
by evankenny
Better and Sure Ways Of Making Money Online

Started by richerworld1

1 Replies
Last post June 07, 2017, 11:04:42 AM
by richerworld1
Market your solutions to prospects in a variety of different ways

Started by Isaac Adeniran

0 Replies
Last post August 18, 2012, 09:11:56 PM
by Isaac Adeniran

Related Topics

  Subject / Started by Replies Last post
2 Replies
Last post April 07, 2018, 02:09:11 PM
by Isaac Adeniran
0 Replies
Last post May 14, 2012, 06:37:03 AM
by Son of King
0 Replies
Last post September 01, 2017, 09:37:35 PM
by Isaac Adeniran

Naijasky:2012-2019 | Contact | About Us | Local Communities | Non-local Communities

Advertise Nationwide or on your Local Community: call, sms or whatsapp Wale 08033181698