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Get rich with good ideas: 2 X 11 steps to success

Many people dream of getting rich and leading a luxurious and comfortable life. But how do you get rich and how can you achieve this life? 2X steps to more money.

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How do you get rich? 4 common tips

How do you get rich? There is no easy answer to this question. You can (probably) get rich: but it's not as easy as it might sound. Work hard and be creative. Be flexible in changing situations. Be patient. Take risks when necessary. There are some tips to get rich that you keep hearing, for example:

  • Find a well-paying job and generate income that you don't need.
  • Save money. To do this, open a savings account, create a budget, study special offers.
  • Pay your bills on time so you don't have to pay off loans.
  • Do you have a goal. What is the purpose of getting rich? For example, to be able to go on vacation.

Get rich quick like an entrepreneur or a celebrity

One popular way to get rich is by getting a Company to start the company too sell and then to live on the redemptions. It's the best way to get rich because it's passive income, you don't have to work anymore. Unfortunately, starting a business is a lot of stress at the beginning, because you can work on it practically all day and even some night. Many startup founders can sing a song about it and only very few of them manage a successful exit.

On the other hand, there are numerous examples of very successful people: think of a movie star and you will find an example of a person who has made a lot of money in a short period of time. Bill Gates made a lot of money in a short period of time. Oprah Winfrey made a lot of money in a short period of time. These people didn't do much more than be in the right place at the right time and have the right skills.

If you want to get rich, think carefully about what you can offer the world. What outstanding business ideas have not yet been conceived or invented that humanity has only been waiting for? What ideas are really useful to humanity because of them Communication or significantly improve social interaction? What inventions can save anyone even a few minutes a day, a few hours a year? This is exactly the direction you should think!

11 factors for successful companies

  1. Strategy: From gut instinct to the systematic use of resources: "This is our specific path, we want that and that is what makes us successful".
  2. Liquidity: This ensures the company's ability to pay. The presentation of the key ratios (liquidity 1 and 2 grades)
  3. Risk assessment: Establishing companies and leading them into the future always means taking risks. The systematic risk assessment helps to keep the risks under control.
  4. Guide: Starting with one employee, "leadership" is a topic that never stops. The authors show how the framework must be designed so that employees can also work.
  5. Customer service: Every business stands and falls with the acceptance of the service at the customer. Parameters that are subject to constant change. Here the methods are presented to bind customers in the long term.
  6. Organisation: Is the company set up so that all processes run smoothly? Do all the working conditions they need to be good?
  7. Corporate culture: This chapter provides important impulses for the design of a productive corporate culture. This is a factor that plays a part in the co-operation and achievement of objectives.
  8. Personal development: Even in small companies it is hardly enough to look for personnel when the others are no longer able to do the job. The authors show how personnel development can and should be systematically operated.
  9. processes: Do all employees know what they are doing? Will the work be handed over so that the others can work seamlessly? Optimal process control helps to reduce inventory levels as well as increase customer satisfaction.
  10. Procurement: There is not only profit in purchasing. In purchasing, the quality of the products is also decided. This is why the systematic view of the whole process is also helpful.
  11. Innovation: It must and can not always be the iPad. But if you want to be successful in the market tomorrow, you have to make innovation a top priority.

Understanding getting rich

In fact, there are numerous ways and business ideas to get rich the entrepreneurial way. Here are just a few of them:

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  • Invest in real estate
  • Create a profitable blog
  • Found a food startup
  • Speculate on the stock market
  • ...

As you can see, you can actually do anything and nothing to make money. The decisive factor is not so much the idea as such, it is the type of implementation that counts. For example, you should be passionate about what you do. Themselves objectives set. Or to be able to communicate well with other people. There are simply different paths to the goal depending on your personality: you can develop your skills, set yourself high goals, hold on to them and work hard. You can also proactively reach out to people to socialize. Use the power of people in networks and communities. A Networkthat will help you find the right job.

But there is also a very crucial point: Do not be afraid of changes and new challenges, even if these initially appear risky. Be diligent, willing to learn, and consistent. It helps if your job corresponds to your personal passion. That way, you can build a lasting career that will bring you wealth. But also make sure that you have the right skills and the right job to get rich. And finally: You get rich when your assets exceed your expenses and you invest the excess money in suitable investments in a targeted manner.

11 factors for a successful investment

  1. Always have a look on the relevant index, for example the DAX. Because "this is the clinical thermometer for stock market curves."
  2. Properties as an investment are “not an investment, but a hobby - provided you live in it yourself. On the other hand, rented real estate as an investment is generally interesting.
  3. derivatives are speculative bets with the "threat potential of weapons of mass destruction". Hands off!
  4. Gold is OKif you buy it real and anonymously and then put it in the safe.
  5. shares promise even beginners lucrative profits. Always buy stocks in the bear market at the end of the downturn.
  6. Conservative investors Pick stocks that have stable prices and pay high dividends. You can find them in the DivDAX, for example.
  7. Ideal for beginners is the index strategy. ETFs (exchange-traded funds) guarantee broad diversification, few fees and long-term growth opportunities.
  8. Buy well: There is not only profit in purchasing. In purchasing, the quality of the investment is also decided. This is why a systematic look at the company in which you want to participate helps here too.
  9. Cash flow: Sufficient cash reserves are important in order to be able to react to sudden crises.
  10. Risk assessment: An optimal risk assessment is important. Stay away from too speculative business.
  11. Read financial news: Stay up-to-date with the latest financial news. But don't let yourself be jerked, not everything will be eaten so hot.

Conclusion: have fun on your trip

No doubt, to be rich you have to have a lot of money. The way you handle your money is a matter of personal preference. If you have a lot of money, you can live in a palace, have a luxury car, or have a lot of friends.

Nobody can guarantee wealth, but there are certainly some basic principles that will help you along the way to become more successful: Do not believe that you can get rich without working hard.

In summary, you have to be willing to work hard and take risks. You must also accept that even if you are doing a similar job to someone else, you must go your own way and not be afraid to go your own way. Remember, the faster you go, the more you will learn and the more fun your journey will be. In the end there is only one question that everyone has to answer for themselves: Do you really have to be rich to be happy?

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