How Do you Get Rich?

Long answer will go something like this.

First you need to define what being rich means to you.

Some people will jump and say $1 Billion, a Big house and owning a Bugatti.

But that’s not really what make them feel rich. So let’s break it down, shall we.

1. Determine what Rich means to you - A billion dollars does not make you rich, it is the lifestyle people are after which comes with that money. So you need to determine which lifestyle you consider to be rich.
2. Acquire Knowledge - Now you know what kind of lifestyle you want to achieve, it’s time for you to get really smart up to the point where you know more things about the industry you are passionate about than anyone else around you.
3. Find someone who has reached what you consider rich in your Industry - Once you find this successful person look at how they have done it and try to emulate them.
4. Obtain a competitive advantage - Now you have seen how other people do it and you have the knowledge, it’s time to get creative. This is the most crucial part of your get rich strategy because its going to rely on you being able to figure out how you can make your product or service better than anyone else.
5. Go all in and Work your butt off - This is going to be most boring, tiresome and hard part because you will need to maintain high level of focus and work hard for extended periods of time - DAY IN & DAY OUT.
6. Adapt Quickly - There are going to be lots of things coming at you that you weren’t expecting when you began your journey. And you ability to adapt will make you or break you.
7. Acquire Wealth - If you are able to actually push through, create a good product or service, solve distribution and got paid, then Congratulations. Now, it’s time to start using that money to make you some more money.

What you do with that money will determine if you are going to be rich or not. Rich people don’t rely on one income stream so they use the funds from first business to build multiple streams of income.

And that how you get rich in the most simple terms I can think of.