They do exist several way.
Let’s begin with the easy ones…
INHERITANCE
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| Socialite heiress Paris Hilton is also an entertainer and an entrepreneur. |
Being a lucky sperm is the easiest one. However you either have it or not.
Paris Hilton, Bill Gates, and Donald Trump were born rich. I wasn’t!
Yes Bill Gates and Donald Trump were both rich kids. A couple of hundreds of millions of dollars are always useful to start a billion dollar empire.
MARRY WELL
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| The Queen of gold digger Anna Nicole Smith married an 89 years old oil billionaire when she was only 26!! Yes, the blonde bombshell was also an entertainer. |
Another way to combine business with pleasure.
Unfortunately I haven’t met a millionaire widow or a Miley Cyrus willing to marry me yet.
LOTTERY
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| “King of Chavs” Michael Carroll won £9.7 million ($17.1 million) but re-became penniless a couple of years later. |
The very unlikely. So unlikely that I’ve almost forget to include it.
So unlikely that you have 1 on 16,000,000 to strike it big at lottery.
You actually have more chances to be struck by lightning twice than winning lottery.
So unlikely that I don’t even buy lottery myself.
The hard ones…
BU$INE$$
There is 3 parts in this one. First, the entrepreneur (owner / founder). Second, the corporate climber. And third, the outlaw.
Owner
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| Microsoft founder and centibillionaire Bill Gates had some help $$$ from mommy and daddy too. |
Being the owner/CEO of your own company is the best option.
BUT, can you create a produit or service that everybody will want?
Can you fill a void in the already saturated market?
Is your business is truly a business or a job disguised as a business?
Will you succeed in your business venture?
Or will you close doors inside of 5 years like 80% of new businesses do?
Corporate Jackasses
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| Disgraced Enron CEO, Ken Lay |
Climbing the corporate ladder isn’t as attractive as it look like.
It is a very long and hard road to a not so sure success.
At the end of the day, you are just a fuckin’ employee on an ejectable seat.
Backstabbing mandatory.
And who want to wear a suit everyday?
Shady Bu$ine$$
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| “El Patron” Pablo Escobar had an estimated net-worth of US$ 30 billion in the 90s. However he ended his life shot dead the day after his 44 anniversary. Oups! |
Pimps, gangsters, drug dealers…
I must mention them since some of them ends up filthy rich.
However they all ends in jail or with a bullet in the head.
Sure time in jail and a premature death are out of question.
My own business experiences?.. I don’t even want to talk about it!
REAL E$TATE
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| Real Estate mogul / entertainer / self-promoter Donald Trump inherited $400 Million from his father before becoming a Billionaire. Now he seems to be dabbling in politic. |
Real estate has and still is a fortune builder since everybody need a place to live. To the point that not so long ago, a study made in the United States concluded that 90% of millionaires were rich thanks to their real estate ownership, which include a lot of single house owners.
Here are some of the advantages of owning real estate. Price appreciation via inflation. Tax advantages. Rising population and rising wealth. Land scarcity. Long term investing since you can’t day trade your house. (Mark Tier)
Yes, the above is true. However it is more complex if you want to buy appartment houses. Real estate looks very easy in business books. Buy a block with a bank loan… Buy another mortgaging the first… Buy a third block with a second mortgage and on and on…
Is it that easy in reality? Nope!
Troubles and hassles. I had apartment buildings in the past and I can tell you it was a whole lot of trouble. A tenant can’t pay this month… You get a phone call in the middle of the night because a fuckin’ toilet is overflowing… You decides to move of city but you still have to take care of your investment… The stress of being overly leveraged by the bank if you want to build a real estate empire.
Real estate magnates works hand in hand with banks. Which mean that if shit happens your ass belongs to the bank.
A real estate empire is nothing more than a house of cards. Which mean everything can crumble at any moment.
And if you are a lifestyle designer / freebird / world traveller you can’t really be free with real estate. The less responsibility and liability you have the more free you are.
INTERNET
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| Internet Billionaire, CEO and founder of Facebook, Mark Zukerberg |
I’ve got several blogs and websites.
My blogs were created for my own entertainment since I love to write about things that turns me on.
That’s the problem!
If you want to do real money on the web just as in any business.
You must fill a need.
You must fill a demand.
On the web everything is about Publicity, Marketing, and Network.
So with that in mind, blogging and webmastering are less funny.
Marketing or not, the web is already saturated with everything and anything.
Why? Because anybody can create a blog or a website.
So unless you’re a computer geek creating something new, unseen, revolutionary, and extraordinary (Facebook, Google, eBay, amazon) you won’t get filthy rich.
ENTERTAINMENT
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| Oprah Winfrey is an entertainer turned Billionaire medias mogul |
Talent, Travail, Timing. Which can be translated as Talent, Work, and Timing.
If you miss just one of the equation your entertainer career will never took off.
And by work, I mean the 10,000 hours principle.
Which mean that whoever you are you will need 10,000 hours to master a craft.
Are you willing to spend 10,000 hours of your time to excel at something?
I’m a good blogger but can’t play guitar to save my life. 🙁
$PORT$
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| Tiger Woods is en route to be the first Billionaire athlete |
If you ain’t got the natural talent and start young you can forget it.
The 10,000 hours principle apply here too.
I’m a big fan of combat sports and a practionner of strength sports.
Strength sports ain’t paying shit.
And combat sports? I’m too old for this shit!!
POLITIC$
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| Sultan (owner) of Brunei worth at less $25 Billion and possesses the biggest car collection in the world. |
Unless you’re a Billionaire Dictator owning your country. Politic is a bunch of crap and nothing fun.
The U.S. President collects an annual salary of only $400,000 +++ extras. Not bad but it is a 24/7 fuckin’ stressful job.
Usually, politicians earned more in their respective professions (usually assholes lawyers) than in politic. Undisclosed backdoor deals not included.
Unless I can become Le Dictateur du Monde Entier, I don’t give a flying fuck about politics and all the bullshit that goes with it.
RELIGION
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| Raël has everything a man need to be happy. A Fortune ($200 Millions), a Harem, and a Megalomania Certainly more Power, Liberty, and Fun than the pope can enjoy. |
One of my gym buddies, with a superior IQ since he reads all my stuff, told me that I should include the “guru” into my ‘How To Get Rich‘ article. Guru? Are you talking about all the Internet Marketing shitheads that sell worthless shit all over the web? No, he was talking about cult leader and religions. How could I forget to include this one in my ‘How To Get Rich’ page.
Religion and cult are the oldest and most effective rackets ever invented by the human mind to keep control over the horde while convincing them to give you their Money. And it’s all legal!
I would LOVE to be a cult leader, but if I can’t believe my own bullshit who else gonna believe it?
JOB$
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| A random Doctor. |
Doctors, lawyers, engineers, accountants…
With the exception of doctor/physician, none of the professions mentioned is a sure way to get rich. The very worst salary a doctor can make is $150,000 while a lawyer without a cause will be dead poor.
Think for sure, jobs and professions are more synonymous with a lifetime of slavery than financially wealthy.
Despite the fact that I am an home-based stock trader. I am “unemployed” so to speak. I’m a lifestyle designer as they call it. And I dig it!
Anyway, all the above jackasses and sellouts will need somebody like me to invest their money!!
And the Holy Gail…
STOCK MARKET
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| Jesse Livermore was worth $100 million in 1929 after short selling the stock market crash. Jesse Livermore was a self-made man trading with his own money not anyone else’s money. He would be richer than Bill Gates in today’s money. |
By very far my favorite wealth vehicle and soon to be your favorite wealth vehicle.
When I say Stock Market that’s includes investing, trading, speculating in stocks, options, bonds, forex, spreadex, futures, gold…
And believe me, as Jesse Livermore proved it, you can get filthy fuckin’ rich by trading stocks all by yourself!!
No need to mention that you can play on several of the above field at the same time or during your lifetime.
Personally I’ve played on several of the above playfield. But with my experience, I do think that specialization is your best option.
Filthy Rich means $30,000,000 in liquid asset. Now you begin to talk. This is the .0001%. Below that you’re just confortably poor.