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The 7 Most Common Ways People Get Rich
3 min readSep 27, 2023
- Invest In Money-Generating Assets
- Instead of investing your money in things like a car, a house or material goods, make your money work for you.
- This is ultimately the way most rich people spend their money and make their money.
- “If you don’t find a way to make money while you sleep, you will work until you die.” — Warren Buffet
- For further reading I recommend: Rich Dad Poor Dad — by Robert Kiyosaki & The 4-Hour Workweek — by Timothy Ferris. - Bring More Value To The Table
- For the same reasons as above, invest in your own improvement so you can offer more value which brings more money.
- Books, courses, coaching, training, seminars, can all be a great source of improvement.
- A Jack of all Trades will never be as valuable as a Master of One. - Learn Sales
- We sell something every day: Our ideas to friends, restaurant locations to partners, and who we are in job interviews.
- Learning to sell gives you a huge advantage in every day life, but also allows you to help others generate money, which is the single most sought after skill in all job interviews. - Network
- The idea that you become the average of your 5 closest friends holds true and can be of great value if, and only if, those 5 people are further along where you want to go.
- Always build relationships with people on a higher level than you. Just know that you…
