Owning stocks of one or more start-up companies could be a valuable investment if the company thrives and either floats or is sold to a larger enterprise.
Work on it, train it, learn it, practice, evaluate and refine it.
If you can make steady investments in stocks over a long period, choose wisely and reinvest the dividends then you can build a large store of wealth.
If you think about what people need, or things that could improve society, your insights will have more impact.
Buying, developing and selling property has always been a major way for people to accumulate capital.
Investment is much more than pure luck. One investment mistake can tear your assets, so make wise decisions on investments, whether on properties or stock, think twice.
The biggest problem is when one spend more than what they earn. Living below your means will be the easiest to get rich. Consistently track your progress on how much you’re spending.
Everyone wants to get rich fast. But a goal like this isn’t something you can easily achieve in a short period of time. Instead of thinking of how to get rich fast, aim at saving $100K first.
Choose a job of your interest – do what you love and love what you do. No one succeeds in doing what they hate.
More and more startup have seen success. If you can find a new approach towards a specific corner of the market and build a business that addresses that need, then you have a potential of success in it.
Set savings goals and routines to support those goals. Figure out ways that work for you in saving money, and refine what doesn’t. Give yourself a reason and motivation to save as well.