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How to Get Rich in 2023: 11 Bold Moves That Guarantee Wealth

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 How to Get Rich in 2023: 11 Bold Moves That Guarantee Wealth Have you ever asked yourself, “how can I become rich?” Everyone has dreams about winning the lottery and how to become rich overnight. People want to get rich. Just do a search on Google Books and you can see that it’s been a rising trend since the 90s. Many people are looking for ways to get their first 100K, or ways to invest for a better retirement. Some are trying to succeed as entrepreneurs. People want to have enough money to buy beautiful homes, powerful cars, and great vacations. But not many know how to become rich. How do you become rich? Being rich is more than about the dollar amount Being rich is a state of mind. In a sense, you could be rich but still poor, and vice versa You can define “rich” in different ways. There are a lot of people who simply consider it as having a lot of money. For them, rich is equivalent to a being a millionaire But rich can also be psychological richness. It is an achievement of ...
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Poor people work hard everyday. What's the difference between a poor person and a wealthy person?

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  Money is abundant. Money is EVERYWHERE! The government has money, the banks have money, schools have money, restaurants have money … You have money, your friends have money! The rich have money, the poor have money! Money is EVERYWHERE and always moving. Money is “flying” all around us, ALL the time, 24 hours a day — everyday, 365 days a year! What’s the difference between a poor, hardworking person versus a wealthy, hardworking person? The difference is in HOW they ‘catch’ money. Poor, hardworking people invest their limited working hours ‘chasing’ money, while the wealthy, hardworking people will invest the same amount of limited working hours building an asset that will “catch” money for them. For example, spiders will NEVER work hard chasing flying insects to make a living. Instead, they will work hard building a spiderweb that will catch abundant flying insects for them. That’s called an asset. It works 24 hours a day, 7 days a week, catching flying “money” — even while the ...
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What is Collateral?

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  Collateral An asset that is pledged as security to a lender by an individual or a business to support a borrowing request. What is Collateral? Collateral is an asset pledged by a borrower, to a lender (or a creditor), as security for a loan. Borrowers generally seek credit in order to purchase things – it could be a house or a car for an individual, or it could be manufacturing equipment, commercial real estate, or even something intangible (like intellectual property) for a business.  If loan exposure is supported by collateral, it’s said to be secured credit; if it is not secured by collateral, the exposure is said to be unsecured. While collateral will make a sound borrowing request more secure, having collateral available does not serve as a substitute for other risk management and loan underwriting best practices. Summary Collateral is an asset that’s been pledged as security against credit exposure. Secured loans are supported by collateral; unsecured loans are not. Ta...
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How to Channel Your Anger into Productive Action

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 Anger is often a challenging emotion to control, but with a little practice, you can channel your anger in a more positive way. If you’ve ever felt a drive for action after being angry, you’ve experienced a positive aspect of this human emotion. Anger can be a great motivator, whether it’s after feeling wronged, being beaten in a challenge, or anything else. This drive for action after a surge of anger can be incredibly useful and productive for helping you make changes in your life and identifying what is most important to you. You can think of anger as a useful piece of information. However, you may have also seen the other side and felt anger’s interference in your life. Perhaps the feeling of anger makes you too reactionary and causes you to act in ways you regret later. Knowing how to use your anger to your advantage can be a life changing skill. Here’s what you need to know. What it means to channel anger positively When you learn how to channel anger, it becomes a powerful ...
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DOCUMENTS NEEDED FOR INVESTORS: PITCHING 101

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  How to Get Investors for a Business When preparing to pitch for funding, you should know there are a few specific documents needed for investors. Missing one or more of these will create the impression that you aren’t quite prepared for fund raising, or aren’t familiar with the capital-raising side of business. This can quickly leave a negative impression, and can even botch your chances of getting funded. Here is How to Get Investors for a Business and List of Documents Needed for Investors. Document #1A: Your Cover Letter Document #1B: Your Elevator Pitch / Opportunity Brief Document #2: Your Business Plan & Financials Document #3: Your Pitch Deck Presentation (This post shows details to consider for each document A word of caution: even if you are pitching to a family member or a friend, you should have these documents ready to show for two reasons. First, it will demonstrate to your possible investor that you mean business and are taking this seriously. Second, it will gi...
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How To Get Rich From Absolutely Nothing

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 There are secrets on how to get rich and if you take the time to learn them, you too could put yourself on the right path to building wealth. Business owners and entrepreneurs are well positioned to build their wealth and get rich, however we’re not talking about a how to get rich quick scheme. Most self-made millionaires have built their wealth through their business.When you own a business, you can control the amount of wealth that you want to create for yourself. You can tailor your business to your revenue and profit goals. Smart business owners understand that revenue does not dictate your wealth, but profit does. And the higher the profit margins are in your business, the more money you will keep in your pockets as the owner. To build wealth you need to have some fundamentals in place: 1. Money mindset is everything. You need to have a positive money mindset when it comes to creating wealth. Everyone carries a money story and it’s your job to understand what yours is and ...
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LOSING SLEEP IS NOT THE MOST DANGEROUS THING ABOUT USING YOUR PHONE IN BED

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 From back pain to temporary blindness, using your smartphone in bed is fraught with hazards. Numerous studies over the last few years have shown that smartphone use around bedtime has a negative effect on impact on sleep quality. It’s well known now that the screens of electronic devices emit blue-wavelength light which prevents us from producing melatonin, the hormone we need to fall asleep. Furthermore, using your smartphone while you’re lying down can lead to physical discomfort including cervical and lumbar pain. If that’s not enough to worry about, using your smartphone in bed can also damage your our eyes terribly and even cause temporary blindness. But if you really, really have to use your phone in bed, please follow these tips to minimize any of the negative effects of browsing in bed. 1. Dim your phone to its lowest brightness When you’re using your phone in bed with the lights off or in a dark environment, lower the screen brightness to the level you’re comfortable with...
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