Let me tell you this: IT IS NOT!  Getting Rich is For You!

The Super Secret Secrets to Getting Rich

So what if you don’t have a lot of money? Many rich people started from nothing just like you. They were working low paying jobs. They shared a ghetto apartment. They had debt. Whether they were better or worse off from you isn’t my point, it’s just that many rich people didn’t start out rich. If this is a stumbling block for you, get over it.

So if you’re poor or don’t have a lot of money to start out with, you don’t just give up. Instead, look at what you do have. You have time (time can be a more valuable resource than money). You have your health. And you have the ability to save.

Those are three huge things in your favor in the road to get rich and be successful. Don’t downplay these resources, they are monumental.

First, I would take my physical well-being and health over any amount of money. You should too. I wouldn’t take $1 billion dollars to cut my arm off. Your physical health is always paramount.

This leads to my first secret to getting rich. Stay healthy. A healthy person has a clear mind and thinks better. A healthy person has the ability to carry out things that need to be done. A healthy person feels rich just from that physical well-being. It may not sound like a money jackpot to you, but I promise you that a healthy person is a wealthy person already. If you’re not living healthy, start. It contributes big to your overall success and eventually to you making more money.

Take this Action: Keep your money mindset – where you are driven to make more money and get rich – but incorporate regular exercise, better eating, and keeping your body in great shape. I promise you, it will help you. Use your health and clear mind to spur great ideas and efficiency in your financial and business decisions.

Secret to Getting Rich #2

There’s no one right way to getting rich and making money besides bringing in more money than you’re spending. One thing I’ve noticed over and over again is that people preach on and on on how to do things this way or that way. And indeed, those ways can and do work. In fact, often gurus have had their methodology be abundantly successful to them but that does not mean one outlook or way of doing things is the best for all people.

Remember that just because a rich person gives advice doesn’t always mean it’s 100% right or even right at all. It may work for them and not for you. It may be something that a rich person became rich in spite of. It may be an assumption by the rich person. It may only work in certain circumstances. The point is not all advice is universally correct. No, not even mine.

Take everything with a grain of sugar and don’t worry if your path to success is different. Just make sure you’re constantly learning and gaining information. Always look at the bottomline (your bank account) to see if you’re on the right path.

Get Rich Secret #3

This one is a great one that not a lot of people know: ignore things that don’t matter in your quest to get rich. If something isn’t helping you get rich, why even worry about it? I’m not saying ignore your family. What I’m saying is ignore things that cloud your vision towards getting rich. For example, why are you reading up on the economy every day instead of figuring out what business you’re going to start or how you’re going to start it and make money?

You might say, well it’s important to know what’s going on in the economy. Why? What importance does it have? How does it affect you one way or the other? If the economy goes down, are you throwing in the towel? It really doesn’t matter other than for entertainment purposes.

Are there caveats to this rule? Sure, but if they apply to you, then you already know they do. If they don’t, then get off your OCD high horse.

#4 and #5 Get Rich Secrets

Your time and saving your money. Right now you have the ability to keep money in your bank account simply by spending less and shopping smarter. Saving your money is so important to getting rich. Doesn’t matter if you make $50,000 right now or $100,000 or whatever. If you never save your money, you’ll never have money sitting in your bank account.

Cut back your spending. Find better ways to shop. Keep the money for you and stop making other companies, corporations, and people rich.

Real life examples:

I buy in bulk now for all my purchases and stock up rather than buying a regular size and going back to the grocery store or wherever in 2 weeks. I just did it with soap, toilet paper, toothpaste, and beef and chicken. More on this in a later post.

Also, I cancelled a $19.99 reoccurring subscription for my little email sign up list for people that want me to email them special info on my monthly newsletter. I decided it wasn’t worth it and that if people wanted to get my email newsletter, they could directly here and I would save a $20 bill every month.

It’s all about cutting back what you don’t need. Read more in my saving money to get rich blog post.

The last secret to getting rich is if you don’t have much money right now to invest or start a new business, don’t worry. You don’t need money. Instead, convert your time (a valuable resource) into money. Learn information by reading books. Learn by working for free for someone else who knows a valuable trade you can make money with. Acquire skills and knowledge.

Once you harness your time into money, then you’ll have capital to work with investing and special knowledge or skills. If you have enough money to start a business but not enough to run it, use your own time as a replacement for the capital needed to run the business.

I know this is free information, but don’t dismiss it, these are very valuable tips for getting rich and making money.

Intelligent Risk + Leverage of Risk = Make Money/Risk Leverage

In other words, the more you’re willing to risk, the more you can make.  However, on the flip side of this, the more you risk, the more you stand to lose if you’re business plan does not work.

Never risk more than you can afford to because the mathematical odds are that your business plan will fail in some form or fashion.

Failure = Not Making Money or Losing Money

I want to tell you a story of a guy I know about.  He decided he wanted to start a book store in the city.  His rationale was that he wanted to go for it.  The problem is that his book store idea and actual bookstore are extremely flawed in many ways – from concept to execution.  He invested his entire savings at 55 years old.

This man was definitely willing to take the risk but he invested it into a horrible idea that failed miserably and will ultimately cost him all his money.

He was not a smart businessman and so it was a bad idea for him to take the risk.  You want to at least have a chance at the starting gates.  This poor fellow risked it all right in the beginning yet was dead in the water immediately.

So let’s say you have $1,000 to invest into your new business plan, whether it be starting a store, starting a home business, investing in stocks, or whatever.  Before you actually spend the money, map out your costs and how you plan to recoup them.  Look around to see if anyone else you know has started something similar and done well or not done well.  See if they have any advice on do’s and dont’s.  The Internet is a great place to look.

Also, ask smart business people you trust to give you their honest opinion.  You don’t need yes men (or women).  You need harsh critics.  Encourage brutal critiques and ideas and don’t get defensive or angry if someone blasts you – THIS IS WHAT YOU ARE LOOKING FOR!

Just because someone hates your business idea doesn’t mean it’s not worth doing.  It just means one person finds flaws with it.  That said, you should take a closer look at their opinion and scrutinize your business plan even more.

You don’t want to kid yourself.  People that kid themselves end up going broke.  You need the real world truth.  Once you have it, design a detailed plan, and put it to the test!  Risk your money and see what happens!  No plan is fool proof and you might fail but that’s ok if you only lose what you can afford to!

TIP: Start small with your investment when possible (ie $1,000 or less) and grow bigger as you become more successful.  Lower risk and there’s always room to grow and scale your business if it’s great!

http://www.howtogetrich.cc

Don’t get me wrong, at any one time, I’ve been up big but for every gain, I’ve had much more losses.  In recent years, I got bit by reverse stocks or ETFs (exchange traded funds) that bet against the stock market or some index.  I kept thinking the stock market would go down (and the numbers say it will one of these days) but it just never did.

The more I placed orders in the stock market, the more I began to realize I was just gambling.  It was essentially the same as the roulette wheel in Las Vegas.  Yes, I could study reports and read up on the company info, but what happened to the company in the future was nothing I knew about.  This is why I was guessing.  Unless I had some insider information, I was just hoping that the stock would go up.

That’s not how I like to play my money.  I want the odds stacked for me, not against me.  And if I am gambling, I at least want to be in Las Vegas having some fun and not in front of my computer at home.

If you do buy stocks, I think you should buy into companies you believe in and use that you feel are undervalued.  Sometimes you just have a feel that nobody else does when you have an information advantage.

If you’re considering going into the stock market to make money, I just advise you to buy with caution and only risk what you can afford.  I hope you find the next Apple and make lots of money!

http://www.howtogetrich.cc

That doesn’t happen to most people.

The way you get rich is by accumulating money. How do you accumulate money? You scrimp and save. You restrict spending. You keep your cash. Then, you invest your cash wisely (you do this through education – reading magazines, listening to people, deciphering the latest trends, keeping up on certain news.

What I want you to do is go back land look at your credit card receipts and your check statements. What are you spending money on? What can you cut back on? How can you lean out your budget and pocket more money?

This means everything. How can you put more cash in your wallet?

For example, instead of eating at Freebirds three times a week at an average of $8 a meal, eat at home for an average of $3 a meal.

You just pocketed $15 a week. Over the course of a year, that’s $780 in your wallet. That was fast.

What other discretionary items do you buy that can be eliminated or replaced? Try to cut out recurring fees as much as possible. You know, those fees that hit your credit card every month? How many of those can you eliminate?

Think about this: If you have a $29 monthly membership for something and you eliminated that, you would pocked $348 a year. This could be a gym membership, an online subscription, a club fee, or whatever else.

Just by eliminating two unnecessary things in your life, you just pocketed $1,128 in a year. That’s huge money that can start your bank account to getting rich.

Everyday, regular people get rich just by saving money. Shop better, shop efficiently, and keep your cash. You will be rich!

http://www.howtogetrich.cc

How much money did you make this week?

How much money did you make this month?

Is there any possible way you can double that income?

Sure there is.  If you really had to, you could double your money.  You know you could.  It would be more difficult, but you could.  Here’s another question: Is there another way you could increase your income?

You don’t have to make money the conventional way.  As long as you’re not doing anything wrong, there’s no limit to how you make money.  You can always grab another job, you can sell your services to people you know (cooking, tutoring, computer repair, painting), you could open up a website, you can sell some of your stuff, you could flip other things, and on and on.

There are tons of ways to make money.  Which ones can you add in to your daily life?

What about hiring other people to do certain jobs for you.  For example, what if you hired someone to compile data into a spreadsheet and paid them $8/hr and you sold data services for $20.

There are so many ways to make money.  You can think of some that I would never even think about.

Oh yeah, you’re going to get rich.  I want you to get creative and start thinking about all the fun ways you can make a lot of money.  Don’t spend much money at all to get them started.  Just brainstorm ideas on making money and pick out a few that sound like the most fun to you.  Make sure you’re getting a good ROI (return on investment) on your time.

Have fun and just dump that money into your bank account.

You will get rich.  You absolutely will get rich.  Believe it.  You can do it.

Want more get rich info?  Read my post on get rich books.

HowToGetRich.cc

I rate Donald Trump books an overall good value (B). I love that he holds nothing back and gets to the point, whatever it is.

I’ve bought a lot of get rich books on how to get rich, how to make money, and how to be productive.  Some were really helpful, others were ok, and some just downright sucked.  This blog post talks about the best books on how to get rich and make money as well as two 5 star books that I wanted to spit on.

The first book I can remember buying is Secrets of the Millionaire Mind by T. Harv Eker.  I thought this was a really solid book that had a lot of good views on money and how you should see it and how to attract more.  More on Harv down the page.

A really awesome book – and I mean life changing – is The 4-Hour Workweek by Tim Ferris.  If you haven’t read this book yet, I highly, highly recommend you read it because it will have a positive influence on you.  It’s just a tremendous way to think not only about money but life.  Now I will warn you, this book isn’t really about getting rich so much as it is about living rich but it’s great.

I’m lukewarm on Donald Trump books.  I am hot and cold on Trump.  Sometimes I think he’s right on and others not (you don’t have to be 100% dead on to become rich).  His Think Big: Make It Happen in Business and Life definitely has some worthwhile info in it.  I do like and appreciate that Trump will say stuff to you that’s not politically correct.  For example, he thinks that when people attack you, you should get revenge and go back at them.  I like it.  Whether you agree or disagree with him, at least he’s unfiltered.

Another guy that I think is just a genius is Mark Cuban.  Cuban just has a spark brilliance about him that I admire.  I like the way he thinks and how he’s unabashed at putting his ideas out there – no matter how crazy people might think he is.  He thinks big and creatively.  You can read his blog for his ideas or he assembled them in an ebook, How to Win at the Sport of Business: If I Can Do It, You Can Do It, he just released.  I used to not like Cuban (just from the way he acted) but the more I learned about him, the more I realized he was a very smart guy.

Kevin O’Leary is another person I’m a huge fan of.  He is the perfect example of a business shark.  I didn’t know about him until a saw a great show called the Shark Tank on ABC where entrepreneurs present their business ideas (or already existing companies) to sharks for the opportunity to get investment capital.  It’s a great show (and highly recommended) and it’s coming back for another season starting this Friday, January 20th.  I haven’t read his new book (released September 27, 2011) Cold Hard Truth: On Business, Money & Life but I will at least take a look next time I’m at the book store.

Books That Sucked

Anytime I’m not sure about buying a book or going watching a movie, I always look at the reviews and see what the average is.  Everybody’s different so you’re never going to get a consensus but I’m just looking for something that most people seem to enjoy.  That method did not work with these next two books: Attention! This Book Will Make You Money by Jim Kukral and Do More Great Work: Stop the Busywork. Start the Work That Matters. by Michael Bungay Stanier.

I wanted to spit on these books after I read them – and they both received 5 star reviews from a lot of people!  I got through about 1/3 of Do More Great Work and 1/2 This Book Will Make You Money before I threw them down in disgust.

You might say, you didn’t finish, how do you know it wasn’t a good book?  A great rule of thumb – that I got from Tim Ferris actually – is if you get through 20% of a book or a movie and it still isn’t good, it’s highly unlikely it all of a sudden becomes a lot better.  I’ve never seen that methodology be wrong once to date.  I think it’s 20% but you get the point.

The reason I hated these books is because they were so elementary and kids with construction paper level.  Don’t misinterpret me here, I love simple, love simplicity.  It’s not about that.  It’s about the fact I was getting nothing from these books.  I thought they were a joke.  We’re talking first floor stuff from Jim Kukral and Michael Bungay Stanier.

I want the fifth degree blackbelt knowledge I get from Mark Cuban and Tim Ferris.  When I realized these books were worthless to me, it made me want to throw up while tearing phone books apart.  Not coincidentally, Cuban and Ferris are world class success stories while Bungay and Kukral are best known for writing those books.

Getting Rich off “Teaching” Others How to Get Rich

Remember when I said I’d get back to T. Harv Eker? Well, I’m back to him. So his book, Secrets of the Millionaire Mind was very solid and I signed up to be on his mailing list. Turns out the guy just perpetually tries to sell a bunch of sht ($1,000 seminars and etc.) all the time via some Warp Speed Wealth or Turbo Wealth Thinking (or whatever the hell he calls them) free webinars.

You get an hour of free stringing along before he tries to hook you into paying to go to some seminar (at least from what I’ve observed).

Speaking of, Mr. Rich Dad Poor Dad, Robert Kiyosaki is the master of sucky Real Estate seminars.  I actually went to one of his (had his name on it) free “get rich” presentations at a local hotel.  It was put on by some pawn of his to reel in people to pay hundreds for a weekend course of how to buy and sell real estate.  I actually know someone who took the course and he said it was horrible.  Judging by the low brow selling tactics at the free seminar, that’s exactly what I’d expect.

See the problem with these guys is they’re just selling the same stuff over and over again.  Same package, different name.  They’re getting rich off people that genuinely want to make more money and think they’re getting a gateway to that when in reality that’s not happening.  I’m sure Kiyosaki and Eker would say it’s the execution, that it’s the people’s fault or that sometimes things just don’t work out.  My reply would be to ask for a percentage of people who actually make more net profit after the course than the cost of the course itself.

These guys aren’t getting rich-rich off the books themselves, they’re getting rich off having thousands of people pay thousands of dollars or several hundred dollars to attend weekend seminars across the country

The tell-tell sign of getting rich off teaching how to get rich is a never ending supply of books and rehashed information.  At some point, you have to have everything you need to make a go of it, right?  If you have a get rich guru that never seems to have enough you can buy, you know you’re being used.  Look out for it.  Usually though, the first book the author comes out with will be good, and that initial success is what he’ll base his further repacking off of.

Who to Trust

Look, everybody out there is trying to make money.  That’s fine.  I don’t have a problem with people trying to make money.  I’m trying to make money, you’re trying to make money, the get rich gurus are trying to make money.  Everyone is trying to make money and get rich.  There isn’t one damn thing wrong with that.

What I have a problem with is people that don’t give value for what they charge.  It’s all about ROI.  If I can buy Tim Ferris’ book for $15 and it revolutionizes my life and the way I think, did I just get my money’s worth?  Hell yes I did.  And you know what the funny thing is about Tim Ferris and Mark Cuban, they’re hardly ever trying to sell me anything.  When they do, I just buy it because their name is good.  I know they would never put out something that sucked.  And, moreover, they don’t need to.  They’re off living the true success story life.

Cuban is off making money with a new business adventure.  Ferris is off extracting squirrel chromosomes to cure some disease.  These guys are guys you can trust to put out great sht and not just put out a Facebook, Twitter, or blog update have it be some way for them to make money off you.  Do they promote themselves?  Yes, but they do it the right way.

Contrast this with paying $500 to go to a weekend seminar on how to buy and sell real estate.  Do you get “personal coaching”?  Yeah, you have some guy telling you to do this and that but so what?  Are you making money?  Did you feel like you got a good value?

In the end, it’s up to you and if you’re not rational, it’s up to your bank account.

Did you feel ripped off?  Do you feel like you just bought a book that tried to sell you another book?  Did you get value?  Do you feel the information you got was worth whatever you paid?  Can you quantify that in some change you made that was worth the price of what you paid?

One quick example.  Say you bought a book on how to type faster for $5.  Did that book improve your typing speed?  Do you know type 1.5x faster or more?  Are you now saving time (even if just 2 minutes a day) because of that book?  If yes, that book was well worth that $5.

One more quick example.  Say you bought a Spanish program to teach you Spanish.  The program was $250.  The program enabled you to be good enough at Spanish to where you could add Se Habla Espanol to your business.  You now have $1,000 more in net profit per month because you can talk to Spanish speaking clients.  The program was well worth it.

And that’s why I do or do not like certain get rich books.  If I get one valuable tip or idea from a book, I can easily turn that into money and get value from the book.  If I get nothing from a book, I just wasted my time and my money – and that’s unacceptable.

If anyone has read a great get rich book from 2012, I’d love to hear about it.  Want more from my blog?  Read my post on ideas on getting rich in 2012.

How To Get Rich on The Best Books on How to Get Rich and Make Money

So what in your life do you have an information advantage on?

Do you not have any specialized knowledge or any head start on other people? If not, go to Barnes and Noble and read a book on something that a lot of people don’t know. Once you have this knowledge, put it to use and find out a way to make money from it.

For example, a lot of people out there don’t know tax loopholes available. If you went out and in one weekend read 3 of the newest tax loophole books for 2011-2012 taxes, wouldn’t you have a great and very valuable knowledge?

If you were able to package that in an ebook and sell it – either on Amazon or Clickbank – couldn’t you sell that and make a real good amount of money real fast?

I’m not saying copy someone elses work here, but just taking out the long and hard boring stuff that’s hard to read and condensing it into a dummy, easy how to get tax breaks book for the average joe.

Remember, this is just one idea. You have unlimited ideas on how to get rich in front of you. The only limit is your mind.

Let’s take another idea of fantasy sports (if you already watch a lot of sports, you’ve got a great headstart). You can’t legally gamble online but you can play fantasy sports legally in the United States. What if you created a statistical analysis formula and were able to predict with great accuracy which players would have good games? You would have a real information advantage that you could use to make money.

People make thousands of dollars a week on this site.

Another idea on getting rich could be just organizing workers and paying them to do something. Are there no trustworthy moving companies in your area? Can’t ever find a good local carpet cleaner? Do a lot of people need their lawns mowed? Is the level of service in some area subpar? Do you know of an opportunity coming up – like a new shopping mall opening up?

To put a plan in motion, just get the ball rolling with some action. Don’t assume that someone has already occupied the space. Even if they have, what if you can beat them?

You don’t need to start big. For example, if you don’t need 100 pieces of equipment and 10 workers to start a lawn mowing company. All you need is you and possibly a friend and a lawn mower, weed eater, and a blower.

When you start small, you can scale up as you make more money and your business expands. This way there’s less risk.

At the same time, you want to look professional and attractive to potential clients. Don’t just look like a guy and his friend, look like the best, most efficient and careful servicemen. Wash your truck and equipment. Wear matching shirts. Smile and have “standard contracts”, etc.

To get rich, you must take action. You don’t have to have a lot of money and you don’t have to have the next great invention. The simple stuff makes people a lot of money every day.

http://www.howtogetrich.cc on Ideas for Getting Rich

Podcasts About Money

The Smart Passive Income
Entrepreneurial Thought Leaders
Internet Business Mastery
Make Money on The Internet Podcast
Podcast Money

Some podcasts won’t always be what you’re looking for but these podcasts usually have really good episodes that motivate me to make money and generate a passive income through hearing tools and tricks real people have used to get rich online or in the real world.

So here is how you get rich step by step:

1) Set your specific goals.  You need to have an exact number in your head and when you want to reach it by.  Break your goals down into monthly goals.  For example, your goal for month one could be to have $150 in the bank for your separate get rich account.  Keep pushing yourself with your goals and never set them longer than 3 months away.

2) Create a plan to make money and set it into action.  The only way you will get rich is if you take action so pick something that will make you money and do it!  Your plan should not be perfect or have every last detail figured out.  Throw something on the wall as fast as you can and figure out how to make it work along the way.

3) For every 10-15% of the net profit you make from your plan, put it in your get rich account.  Don’t spend this money!  Once you put it in your account, it stays there to save or be invested in a safe investment.

4) Continually assess your income and decide on how to better make money.  Become more efficient and ensure your get rich account is making money passively.  You should not invest in stocks that can be risky which is pretty much all stocks right now.

5) Chart your progress and record whether or not you met your goals.  Continue to read and educate yourself on your chosen area to make money so you can improve and stay up to date on the latest news and trends.

How To Get Rich in 5 Easy Steps