How to become rich and wealthy

Photo of author

(Newswire.net — August, 2, 2013) Phoneix, AZ– Building your wealth has been a topic of discussion for many over the years, but has increased more so since the 2008 housing collapse. Many have struggled to make ends meet since then. You wonder if you will ever pay off your bills to fund your child’s education or may even wonder if you can put dinner on the table. Everyone has been affected by it in some way and for the majority it has been for the worst. So you decided to want to become rich. Great, but how DO you become rich? Keep in mind that many “average Joe’s/Jane’s” have done it so it is not impossible. Below are different ways others have become rich. Hopefully it will give you a few ideas:

Open a small business: Having your own business is a great way to start on the path of becoming wealthy. Setting your own hour’s sounds appealing, but it is hard work. You will work long hours and may take a while for your business to turn a profit so learn as much as you can about opening a business before you do.

Get into the accessories market: You may have not invented the iPhone, but that doesn’t mean you can’t earn some of that revenue. Creating and selling accessories for phones, laptops, tablets, etc.  is a lucrative market. Everyone wants to be unique which means they want they have to look unique as well. If you can sell accessories to a niche market that will be even better since there will be less competition.

Sell a desired product/service: Selling is probably one of the best skills you can have, but very few are able to do it effectively. This doesn’t include scam artists (though they do have a knack for it), but honest people that are trying to sell a good product. It can be tough, but if are passionate about what you are selling than it will convince buyers that it is worth something. Things you can sell are insurance, vacuums, tubberware, etc. Be creative.

Invest: This is probably the one thing every person so should when trying to build their wealth. If you are unsure about how to get started ask a professional and learn from other self-made millioanires. One millionaire that has been in the news lately is Mike Dillard it made the majority of his money during this last recession. 

The things mentioned above aren’t the only ways to become rich, but they might give you some idea on how you want to start earning money.