Becoming rich and successful does not require you to be a guru in the world of the Internet. There are so many different ways to make money in the world that I couldn’t list them all here.
However, I want to talk to you about the 4 Pillars of Success, which I refer to as the BRIM of Success.
Almost all the self-made millionaires in the world have used at least one of these pillars that I am going to tell you about to make their fortune. And once I’ve opened your eyes to these methods, there’s no reason you can’t follow in the footsteps of those millionaires.
B. – Stands for Companies. If you want to be successful for life, you need to have your own business. It’s pretty simple to get your own legitimate business by filling out a few forms and paying a small registration fee of usually less than $200.
Owning your own business offers many advantages, such as numerous tax breaks, as well as a way to keep your business affairs away from your personal responsibility.
R. – Stands for Real Estate. Many successful millionaires have made substantial amounts of money by investing in real estate.
Real estate investing works quite simply. While there are many different ways to get involved in this method, for example, buy and hold, foreclosures, rehabs, etc. The basic concept is to buy real estate and then rent it out for more than the cost of all expenses and the mortgage.
For example, you buy a $125,000 house. On a standard mortgage (5.25% over 25 years), you’ll only have to pay $744.90 per month. If you don’t include utilities in your rent and charge $1,100/month, you can earn $355.10 each month.
I – Internet supports. Fortunes are made online every day. There are so many new ways to make money online coming out every day that it’s hard to keep up with them all.
The Internet can be a great starting point for anyone who doesn’t have a lot of money or credit to invest in other methods.
With so many options to make money, it is practically impossible for someone not to find a niche online that will make them a lot of money.
There is a wide range of techniques to make money online to choose from, for example, work at home, online stores, eBay, VMC networks, arbitrage…etc.
SUBWAY – Market stands. GIC, 401k, Bonds, Mutual Funds, Forex…etc. This is the guaranteed method of getting rich. It has been shown that if you invest a fixed amount every month in a compound interest fund for 30 to 50 years, you will become a millionaire on the interest.
While not a get-rich-quick method by any means, it is a guaranteed way for anyone to succeed. That’s why when you create your own action plan for success, you need to invest a percentage of your earnings in specific high-interest funds. This ensures that in the long run, no matter what, you will be successful.