HOW TO BECOME WEALTHY LEARN 04 TRICKS

The mission of this blog website is to alleviate poverty through businesses, and startups. So during research for this purpose, we found some key things. 

I learned and experienced these and take a lot of advantages to increase money, or wealth. If you learn these you can also become wealthy. Let’s discuss these things one by one:

01.      Mindset about money

To become wealthy you should change your mindset toward money and wealth. As already mentioned in my other content, you know a lot of people who live in the same area, the income of these people approximately same but some of them are rich but some of the poor. Some of them are happy but some of them are depressed.

This is only due to mindset, you can change your mind for the better, toward prosperity by learning. In this era of the internet, learning is so easy. Every person in this world who belong to any region, sex, and race can easily learn about emerging technologies and become wealthy.

Millions of users are available on the internet and the figure of internet users is increasing rapidly. But why can’t people in some areas earn money like Europe and USA? Because they don’t change their mindset. They don’t learn emerging technologies. They prefer to live traditionally. 

So the 1st thing you should learn is to change your mindset toward money. Learn new technologies and new ways of investment. Learn where we can earn more profit than inflation.

It doesn’t matter what you do between 09 to 05 jobs. How much do you earn from a job or business? It’s can’t change your life. But it’s matter what you do between 05 to 09. It’s can change your luck. It’s can turn your life. So learn after or before your daily routine to become a millionaire. 

02.      Passive Income

Here we do not need to talk about what is passive income. Almost everyone is familiar with passive income. We also already provided a lot of information about it. If you are not aware of passive income click and be familiar.

Here we persuade you to start or learn any one of the businesses which pay you passive income. it’s maybe a YouTube channel, Blog, E-commerce, Stock Exchange, Real estate, and many more that you can learn and can start.

I recommend everyone to become a content creator. Because everyone in this world is an expert in some skills. They should teach these skills through video, audio, or written content to others. It’s beneficial for teachers to earn passive income and people to learn some skills.

There are so many ideas for generating passive income available in the market. You can choose according to your passion and interest. To become a millionaire making passive income is essential. 

03.      Time Management

When you search for billionaires of the world or your country you realize one thing they didn’t become millionaires immediately. They invest so much time and energy. They learned a lot of skills about money, businesses, and investments.

Planting the seed of tomorrow means setting your goal, and planning your time. Where you spend your time today is shown in the type of result tomorrow. Quote by James clear in his book “atomic habits” is “success is not defined by the goals that you set”. It means planning your time along with setting goals.

The goal of all players in any game is to win but who wins the game? The goal of almost every person in the world is to become rich but who becomes rich? The player wins the game and those people become rich and spend a lot of organized time on their goals.

Divide your time into segments. What will you do this year, next year, and in five years? The 1st few months or years of planning are most important than the future. In the first few time, you will learn and experience a lot of things that will not happen in the future.

Read some books like a light edge by Jeff Olson to divide your time into segments to achieve goals. How do achieve big goals? And how many actions are important to achieve goals like becoming a millionaire.

04.       Communication Skill

No one can become wealthy without learning communication skills. Everyone focuses on learning business and investment skill and avoid learning this. But this is secret. The world’s 3rd richest person Warren Buffett also emphasize learning communication in Speaking to Columbia Business School students in 2009.

Communication skill is not only important in business but is also important in private life. Better communication helps you to better understand relationships. To live a better life understanding relationships in a better way is most important.

Communication is at the top of the list of most in-demand soft skills. Many companies hire only those people who have good communication skills along with hard skills. 

Three billionaires Warren Buffett, Richard Branson, and Bill Gates also agree and talk about the need for communication skills in many forums. They also share some secrets about communication to become wealthy.

Communication skills can be learned easily online and offline by reading books and watching videos and listening to podcasts. The world’s best-seller book about communication is how to win friends and influence people is essential for reading communication skills.

It teaches you about the interests and perspectives of other people.  It helps you to be more charismatic and also helps to build better networks. 

These skills have every wealthy person in the world. If you become wealthy research these in deep and learn from any possible platform.