All You Need To Know About Become Rich

August 06, 2020

WHAT MAKES YOU RICH

First, let's know some facts before diving into this topic.

In the whole universe, this is proven that no one can be rich overnight and there is no shortcut method too. The only method that makes you rich is your hard & smart work.

So, here we have given you an overview of what you can do to be rich easily by your smart and hard work.

There are a few questions like
Is Doing JOB Makes You Rich?
If Yes!
Are you really satisfied with your job and salary?

                                        


May be few of will agree with the above-mentioned questions and you should be but what we are thinking is :

If someone asks me that Is the job helps to become a person rich?
I would say NO  Why? because in your job profession you are expected to work according to your senior in a dedicated manner. The company provides you a limited salary package for a suitable time period and else you all know well.

What about private companies most of the companies pay well? 
Agreed but here is a fact!
A private company can kick you out anytime and if they do so then how will you earn, ever think? this question helps you to understand the importance of multiple sources of income. 

                                        


Sources? What are the sources?
Here are some sources which will definitely help you to grow easily.
According to me, there can be a minimum of two sources which help you to make money easily.

Two sources but why?
Why I am saying two sources is because a single source of income never makes you rich, you always need more than one source of income.

“Never depend on a single income. Make investment to create a second source. "

          ― Warren Buffett

                                   

If you are an employee in a private organization then always try to find out one more way of earning with less investment and it can be.
1. Marketing business
2. Product vendor
3. Franchise of some authorized product
4. Share marketing
5. Own a unique idea etc.

We can try to explain some points briefly:

A. What is MARKETING BUSINESS?

There are infinite numbers of marketing businesses in the market then how will you choose the proper organization.

First of all, find out the company which must be established as earlier as possible. Find out the company history and reputation of the company in the market.
Go through the working method of the company and also try to know that how much money you can make in time and obviously hard work is the key.
               
                                                        
Marketing Business
        
Secondary It should not be a fraud based organization.

It can be your part-time business you can run it by just giving a few hours a day and hence you make income.
For e.g. (AMWAY, VESTIGE, OK LIFE, etc.) are some best marketing businesses.

#What not to do eagerly?
Remember one thing, This is not easy, people think that marketing is just a job of selling products to customers earnestly but the quality of work and quality of demand from the company matters huge.

Eagerness is good but in many cases, it can ruin everything if eager is too early. Patience is required because it takes time, only patience helps you to make money in the marketing business.

B. What is the PRODUCT VENDOR?

Have you ever heard: Invest less profit more.

                                    
Start Selling

This is surely applicable to this kind of business.  The shop can be of goods purchasing, fruit shop, garments, etc.  but keep in mind that it shall not be your part-time business. It requires a proper time slot.

C. What is UNIQUE IDEA and How to Own one?

You can start any kind of business with your unique idea. There are so many platforms where you should start.
It can be selling your own product online using Amazon, Flipkart, etc.
You can use the digital marketing business ideas like...

a. Web/application development.
b. Vlog on YouTube.
c. Graphic designing.
d. Blogging Etc.

                         


SOME TIPS BEFORE YOU START TRYING AND EXPERIMENTING:

Cut your unnecessary expenses
Think before your investment (is it ok to block money in something which you already have)
Don’t gamble
Eliminate BAD WORDS from your dictionary
Improve the way of talking

Let us know what you think. We hope you find this useful.

Images: Unsplash

Written By: Navdeep Rajput (Team Member - Learn2upgrade)

Curated By: Ritesh Kumar (Founder - Learn2Upgrade)



                                        Founder - Ritesh Kumar

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