Sunday, May 3, 2020

HOW THE RICH REALLY GET RICH

Think rich and grow rich; think poor and grow poor.

As I’ve said, all the millionaires and multi millionaires I know
personally have made their F.U.Money either through businesses or
investments—most of the time a combination of both. AND most of
them made their money in a short period time (three to seven years),
not necessarily a long period of time (thirty to forty years).

Here’s what works:

1. Dramatically increase your income.

2. Own a business that allows you to leverage other people’s
time, knowledge, and energy so you make money while you
sleep.

3. Invest that excess cash into high-growth investments.

That’s how I’ve done it.That’s how a lot of rich people have done
it. NOT all of them, but a lot of them. That’s the RIGHT way. That’s the
smart way.

GET RICH QUICK OR GET
RICH SLOW?

So, if you have the choice (and you do),
why the heck would you want to get rich slow?
Why would you NOT want to get rich quick?

Now let’s get something straight: when I say “get rich quick” I’m not
talking about buying into some kind of scheme where you plug your
money into a so-called “once-in-a-lifetime opportunity ” that’s really
some unproven(or possibly even illegal) “trick” supposed to get some
kind of crazy high return on investment. That’s called being an idiot.
That’s NOT what I am talking about.

MONEYISM #21
Rich people are
entrepreneurs
who invest.

I’m talking about improving yourself,
developing the skill set and the business
acumen to become a person who is worthy
of wealth—a person who has the ability to
generate wealth very quickly. That’s what I’m
talking about.

MONEYISM#22
You can’t be a
millionaire with
fifty-thousand-
dollars-a-year
habits.

F.U.MONEY ASSIGNMENTS.
CHAPTER 8


Answer the following questions to help you uncover your negative
beliefs about rich people.

1. What resources, what new knowledge do you need to acquire in order to make your F.U.Money?

2. What new skills do you need to develop in order to make your F.U.
Money?

3. Make a list of five habits that prevent you from making your F.U.Money, and come up with at least two alternatives to replace each old habit.
(HINT: procrastination, fear of taking risks, unwilling to invest in your education, Your schooling may be over, but remember that your life education still continues,
too much TV, lack of focus, lack of discipline, lack of follow through.)

My habits:-
1. .......
Alternative#1.....
Alternative#2.....

2. .......
Alternative#1.....
Alternative#2.....

3. ......
Alternative#1....
Alternative#2 ....

4. .....
Alternative#1 ....
Alternative#2 ....

5. ......
Alternative#1.....
Alternative#2 .....

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