Financial MentalityVideo

How to Become Rich and Build Wealth

If you want to become rich, then you should have a burning desire to become rich. Just ask yourself these questions to know whether you have such a burning desire or not.

  • Do I have clear mental pictures of the future car and future house that I want to buy?
  • Am I doing everything to increase my income?
  • Am I doing my best, fighting hard, sleeping less, trying new things every day, or am I indifferent?

Many people wish to become rich, but they don’t “want” to become rich. The word want represents this burning desire that motivates you to go after your goals.

If you really “Want” to become rich, then you should be sleeping less, working more, facing your fears, taking risks, makes sacrifices, and challenging everything that stands in your way. Only then will you become rich.

Suppose you didn’t eat for three days how will your need for food be like? What if you had to fight a beast to get the food? Will you do it? Of course, you will, and this is exactly the kind of spirit you need to become rich.

All people who become rich used to think the same way, which summarizes their way of thinking.
“I won’t rest Until I Become Rich, Else, I will Keep Trying Forever.”

Knowledge and becoming Rich

I make my money from different sources, investing in the Stock Market, running my training business, and many online businesses. When examining these income sources, you will notice that they either depend on selling knowledge (like the training business) or using knowledge to get money from others who lack the knowledge (making profit from inexperienced traders through the stock market)

If I didn’t know anything about business, economics, and accounting, I would lose money in the stock market. If I didn’t study psychology for 10 years, I wouldn’t have been making money from the training business.

To make the long story short, Knowledge is not just power; knowledge is money. So invest in yourself as much as you can. Keep learning, take courses, attend sessions, and read as much as you can.

And remember the simple rule; knowledge can be directly sold for money or indirectly to bring money from other sources. (Like investing in the stock market). Even the thief uses knowledge; he knows how to open closets and lockers, knows how to sneak unnoticed, and knows the routes he should take not to be caught. I am not asking you to become a thief:) but know that anybody who is making money is making it because he has some knowledge.

Spending less and Becoming Rich

Money was meant to be spent, right? Yes, of course, but money wasn’t meant to be wasted. Some people spend money while others waste it. For example, if you spend money on food when you feel hungry, it’s OK, but if you spent money on cigarettes, then. As a result, you started spending more money on health care, then know that you are wasting your money.

The equation is simple, Input-Output = increase or decrease in wealth
Stop wasting your money by buying only what’s necessary, then use the money you saved to invest somewhere else. If you managed to do so, you would find that your income is increasing each year because you are investing more money.

Becoming rich without having enough money to start

You can still become rich even if you don’t have any money to start with. This is because you were lucky enough to be born in the internet age!! Internet businesses have got almost zero start-up costs and can sometimes bring you a lot of money. It’s worth mentioning that was developed by three people then sold to Google for 1.65 billion dollars.

False Beliefs and Becoming Rich

If you think you can do something, then you will do it, and if you think you can’t, then you won’t be able to do it. So what’s the point in trying to become rich using your conscious mind while your subconscious mind is pushing against you?

Some people have got false beliefs about money. They think they can’t become rich whatever they do or that they were meant to be poor. Unless you can challenge these false beliefs, your subconscious mind will work against you, and you will never become rich.

Can money buy happiness?

Of course, it can. Happiness differs from one person to another. If your only life problem was being unable to pay your bills, then definitely money can buy you happiness.

For some people, money is not important. Still, for someone who is reading an article on how to become rich, surely money can dramatically impact his happiness levels, and the absence of it can even result in depression.

Start Now

If you went to sleep or watched TV after reading this article, then you are not serious about becoming rich. So go now, surf the web for ideas, write your plan, download the picture of your dream car or start thinking about how you will use it to make money.

And remember, unexpected problems may put you down, obstacles may hinder you, depression may slow you down, but in the end, nothing in the whole universe can defeat a persistent person who really wants something so badly.

Henry Ford lost his money six times, and each time he got it back. It so seems that Henry Left you No Excuse.

“I won’t rest Until I Become Rich, Else, I will Keep Trying Forever.”

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