The Secret of Getting Rich

What do you think that most rich people focus on? While poor people focus on working for money. Poor people and middle class miss the best secret of getting rich because the focus on wrong wealth building strategies.

Most people focus on the outcomes not visible things.

They don’t think the invisible process how ordinary people become financially successful. It does not matter how you make a living and how much you earn.

What matter is if you know how to be a winner or successful. Successful people are those who lead the game of money.

Rich get richer because they become expert in the game of money.

I believe that wealthy people are the real winners in every money game. Remember that the winners never quit.

“Rich people play the money game to win. Poor people play the money game not to lose.� – T. Harv. Eker (Secrets of Millionaire Mind)

Wealthy people become winners because they apply the best secret of wealth building.

Bill Gates, Carlos Slim Helu and Warren Buffet are only few human species in our era that are proficient in playing the game of money or in creating wealth.

They become wealthy through building their own fortune over period of time. They did not get rich overnight.

Bill Gates is the latest world richest man. He became rich because he started his own business venture at an early stage of his life.

To start early he sacrifices his education from Harvard University. He quit his study in one the world’s best university because he cannot afford to wait for 1 year to 4 years before launching his first computer venture.

I have this friend Alex (not his real name) while gaining his employment he starts his side business. Then after 5 years of working he quit his job to focus on his construction business.

He focused on what matter to his life and his business. According to him, he will not get rich in working even though he will spend 20 to 30 years in working with someone.

I really agree with what my friend told me. If we keep trading our time and knowledge to someone still we are in the rat race or in living pay cheque to pay cheque.

Do you know the real meaning of wealth?

“Life is a game. Money is how we keep score.� – Ted Turner

Before you start building your wealth, you must know the real definition of wealth. Certainly you will get lost if you do not know the real meaning.

To poor and middle class people wealth is having plenty of money.

For affluent people wealth is having more time and experiencing the real financial freedom.

They want to invest their resources to have more time and to live in this world without worrying on their income and money.

It is obvious that the rich use their money to buy time. While the poor keep selling their time to the wealthy people.

Wealthy business owner hire workers to work for them. He is buying the time of his/her workers by paying wages.

The more workers the affluent people hired the more time they have to run and operate their respective business.

The fact is most wealthy people are buying time to have freedom either personal or financial freedom.

What Matter Most in Getting Rich

Time is the most important tool in making rich. No one in this world build his fortune in a very short span of time.

There is no such thing as shortcut in building wealth. There is a process behind every success or every fortune that we earn. That process takes much time to produce good results.

It is a wise decision to focus early in saving your money and to invest your savings. As much as possible avoid keeping your money in the bank. The interest in the bank is not worth it.

The Best Secret of Getting Rich

Maximize your time. Do not procrastinate in saving and investing or even in starting your own business. Never wait for the right time. There is no such thing as a right time.

Like Carlos Slim and Warren Buffet they started saving at an early age. At young age they are aware that one of the best wealth building strategies is to start early.

Carlos Slim started investing in stock at the age of 12 years old.

What we reap today is what we sow yesterday.

The best secret of getting rich is investing time. Focus on your action at early stage of your life either by investing or starting your own business.

Like my friend Alex, because of his patience, he is reaping the fruit of his labor now. He became rich because he prioritizes what matters most in building wealth.

He prioritizes building his business as early as possible.

However, most of the people are poor because they don’t have the patience to wait the result of every process getting rich. They want the outcome to show up immediately.