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Beyond

Get Rich Quick

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If you were attracted to this post because you thought you’d find a scheme to make you an instant millionaire/ss overnight you’re out of luck: There is no such scheme; not from kkomp.com, nor from anywhere else. There are many schemes that claim to be such; but that’s utter piffle to get you and a few thousand others to part with your money so that the person who runs the scheme can vanish with it eventually: Yes it’s a one-person get-rich-quick scheme; and that one person aint you.

So why call this post “Get Rich Quick”? Is it a plan to attack Rich Menga of PC Mech? Is it a conspiracy to commit the ultimate cyber-crime? What is the point?

Options

The point is that you have 2 main “get-rich” options: The slowest of those being to work for someone else for less than 1% of their nett income whilst giving your complete mind, body, and soul to them for up to 8 hours or maybe more, at least 5 days a week, ad infinitum - aka “Get a job.”. How slow is that as a “get-rich” option? Very slow; and incredibly so: In fact it’ll most likely never happen. It pays the bills for as long as it lasts, yes. It’ll keep you ticking over, maybe it’ll even get you the occasional luxury, possibly you might even manage to save some of it up, but you’ll never get rich doing it: Your employer or your employer’s boss probably might well do so though; at least to a greater extent than you ever will.

That’s a complete non-starter then - But I did say there was another option. No there isn’t a guarantee with it - There’s not even a guarantee that you’ll be better off than with the first option initially; but if you’re prepared to stick at it in a positive and self-motivated way then the sky’s the limit - Allow me to restate that in a different light: You’re the limit: If you put only a little in you’ll get even less out of it - But if you put a lot in you’ll probably get even more out of it. (Notice I did say “probably”: There is no guarantee as I said; and there are losers - There have to be losers for there to be winners: Fact of life; yin and yang, swings and roundabouts, call it what you will, whatever, but the thing is with this method you have to be in it to win it.) What am I on about? Self-employment.

No Streets Paved With Gold Here

So all self-employed people are rich? No; but show me an employed person who is rich. Yes they might well be comfortably off and living well as long as they do their job and make someone else rich, but could they stop what they’re doing and stay that way? Can they decide when and for how long they take a break from the job? In short no - So they’re under the boss’ thumb and they’ll have problems if they don’t keep working to the boss’ dictates or they lose their comfortable salary: They’re not rich then.

What benefits will self-employment bring? You want the honest answer to that? Good; because that’s what you’re going to get, and I’m not going to give you any bull: If you’re totally serious about the self-employed venture and are wanting to go for it in a big way then the initial benefits are nothing, nil, zero, zilch, sweet FA: There aren’t any. In fact at first the opposite will be the effect: More going out than coming in, expenses appearing from places you maybe didn’t even know existed, and all the possible demotivating influences imaginable in your face. You’ll be seemingly investing all your time and money and reaping no result whatsoever other than losses at first: that’s the truth and that’s the major make-or-break time - Probably the biggest drain on your resources that you’ll ever experience; and pretty it is not. If you’re going to go under then that’s when it’s most likely to occur. If you’re serious about the venture then you’ll want to put all your resources into it; so before doing so you need to know that you have sufficient resources to weather the storm that you’re about to create for yourself. You’ll need:

1) Investment capital. This can be generated by either making (a) part-time, “on-the-side” venture(s) previous to going for the “big-one”; by working for someone else whilst living frugally, and saving every available penny over a period of time; by building up your assets from nothing gradually by investment and/or by partial enterprise over time, or by any combination of those.

2) Self-motivation, positive attitude, and determination. You’re lacking on any or all of these? Stay with the smaller side of enterprise for now in that case. In the meantime build up these personal qualities to a point where you’re confident that you can and you know you can. Self-doubt and a lack of motivation will kill your efforts off from the start otherwise. Believe in yourself: To do so you must grow self-confidence, you must like yourself, you must become your own best-friend:  You must believe totally in yourself and in your own abilities. Don’t bullshit yourself though: If you don’t have the necessary abilities first then you need to develop them before you go ahead and make an investment in them; otherwise you’d do far better giving your hard-earned investment capital to a charity.

3) A plan. I once needed an audio amplifier in a hurry when I was at college; so I switched on my soldering iron and I built one. It worked and it got me out of a tight spot. In doing so I wasted a large number of resources, mainly physical components, and I dismantled it afterwards; as it was, to be honest, an abomination to my eyes: Had I tried to get anyone else to buy it I’d have wasted my time - I probably couldn’t have even paid someone else to take it off me. Why? Am I that awful a technician? Not at all: The thing was I had no plans to build it to; and yes it worked for what I needed it to do right then and there, but other than that it was virtually useless. I later built a very similar amplifier to a plan as part of my City and Guilds exams and it helped me to pass them. The moral of this story: No plans = no good.

Draw up your business plans from day one and adjust them with the passage of time to accommodate current trends.

4) Goals. Especially good if your business is a soccer team, but realistically you must sit down and contemplate exactly what it is that you want to achieve. Example: Your ultimate goal is a million dollars/pounds. Your current status is what you have now. Define every stage between now and your ultimate goal and write it down in proposed chronological order. Having done that set yourself realistic targets of achievement leading up to and including the ultimate goal. Be positive, stick to the schedule, make sure you do it exactly as planned: Write your goals down: eg. I will make another $4000 by next Monday by such-and-such a method - Note the “I will” and make sure you do; by the deadline, to the plan with any necessary minor adjustments: Setting a goal involves knowing what you wish to achieve and when you wish to achieve it - Anything less just doesn’t work: “I will make another $4000″ without setting a deadline means you’ll still be making it for the rest of your life.

It’s hard, it’s tough, it’s mean, it’s a lifetime’s work, and it doesn’t always either go as you planned or work as well as you’d hoped, and sometimes both. At least it does (normally) make some kind of progress, towards not only enriching the individual’s character and resolve, but also enhancing one’s personal financial position, with varying results from case to case - Which is a hell of a lot further than a 9 to 5 job can ever get anyone.

And Finally…

Back to the title - Get Rich Quick: You might get temporarily wealthy quickly if you’re running a get-rich-quick scheme and you happen to attract enough gullible individuals. Let’s just hope you can vanish into exile even faster when the authorities pick up your scent. Other than that you can’t: As we’ve seen though, you can probably get somewhere or you can definitely get nowhere,depending upon which option you choose. Strangely most people would rather choose the latter; which is good for those who choose the former as it does reduce the level of competition to some extent, making it a bit easier to be a winner because there are people who are determined to lose, as well as those who don’t make it anyway try as they might.

Me? I haven’t made it yet; and I’m seemingly making steady, though not as fast as I’d like to, progress forwards… But I’m still alive so I’m still getting there. Can I make it? Yes. Will I make it? If I can - And if I can then what’s stopping you? Like me you were hopefully born with 2 arms, 2 legs, and 24 hours in each day. If so then you were born with everything I was born with: We started from the same starting line - In fact you were born with everything Bill Gates was born with too: Use it wisely.

To Bill Gates…Born like most of us with 2 arms, 2 legs, and 24 hours in each day…Who made it.

©KKomp 2008

 

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