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Get Rich and Stay Rich Forever


17 Sep 2009  

It is one thing to get rich and another to stay rich forever. This article examines some of the important aspects you need to know that will enable you not only to get rich but also to stay rich forever. They include: prior planning, sufficient training, investing wisely, generosity and expanding your business.

Prior and proper planning is key to acquisition and keeping legitimate wealth. This minimizes unnecessary mistakes and disappointments along the way as you start and build your business. People who want to get rich quickly without appropriate planning end up losing their wealth within a short period of time. Those who make business plans and do their business according to their plans usually become rich and stay rich for ever. Content evaluation of a business performance is essential to attain success in any business.

Financial training is another important key towards getting rich and staying rich forever. Formal education trains somebody to work for money all the days of his/her life but not how to use money to work for him/her. This is the explains why 98% of the world’s population think that without a good and well paying job one cannot be successful in life. If you want to get rich and stay rich forever, you need financial training to help you know that most of the richest men in the world such as Bill Gates did not becomes rich from other peoples jobs but from their own creativity and personal businesses. You need to attend financial seminars, workshops and widely read the appropriate literature in order to get rich and stay rich for ever.

Learn the difference between assets and liabilities and invest wisely. Assets bring money into your pocket. Examples of assets are apartment houses. Liabilities take away money from your pocket for example a posh car. Unfortunately many people invest in liabilities that keep taking away money from their pockets hence increasing poverty levels in their homesteads. Proper understanding of the difference between the two will help you to invest wisely hence get rich and stay rich for ever. A big house for example is not an asset and so is a TV set in your house. If you want to get rich and stay rich for ever, invest in assets.

If you want to get rich and stay rich forever, learn to be generous. This means that you plan to serve as many people as possible with less and less effort. Your products should be sold at a reasonable price so that they can be afforded by many. For instance, if you are making a profit of $50 from 1,000 people you will earn $50,000 per month but if you get a profit of $10 from 50,000 people you will earn $500,000 in one month. Therefore, the more generous you become by serving more people, the more money you make and the richer you will become.

Finally, if you want to become rich and stay rich for ever, you must expand your vision, content, context and business. Learn to give your customers more and more of what they want and less and less of what they do not want. Target the whole world as your potential customers and you may reach at least 1 billion people out of 6 billion with your products. “Shoot the moon. Even if you miss, you will land among the stars” Les Brown Said. This will make you a billionaire in a few years like Bill Gates and you will stay rich for ever.

http://makeenoughmoneyfromhome.blogspot.com/

http://godandsciencerelated.blogspot.com/

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