Ways To Become Rich 8 9 & 10

I'm almost finished with Robert Kiyosaki's eleven ways a person can become rich. Tomorrow will be the eleventh way.

Before I get to the ways to become rich, I want to share this quote from a very honorable man. "There are costs and risks to a program of action, but they are far less than the long-range risks and costs of comfortable inaction." John F. Kennedy.

I shared this for the sake of information and action for people. All the information in the world is no use if it is not put to action. Procrastination begets more, and so there is no progression, and possibly only regression. Affirmative action begets more, and so there is progression and growth. John F. Kennedy was referring to the high risk in one's life of no action. Life for some people today has become a mind and body numbing of comfortable inaction. Want growth in your life? Get out of your comfort zone, challenge yourself, and you will fly beyond your biggest dreams currently.

Now for the more ways to become rich.

8. You can become rich by inheriting money. By the time we are in our twenties, we should know if we are going to inherit anything. If you know you are not going to inherit anything, then obviously you need to find some other way to become rich.

9. You can become rich by investing. One of the most common complaints I have is that it takes money to invest. In addition, in most cases that is true. There is another problem with investing. You can lose everything you invest if your are not financially educated and trained to be an investor. As many of us have seen, the stock market is risky and volatile, which means one day you make m oney, and the next day it could be all gone. With real estate, although you can use your banker's money to invest, it still take some money and education to accumulate great wealth. In this book, you will find out how to acquire the money to invest. More importantly, you will learn how to become an investor before you risk your money.

10. You can become rich buy building a business. Building a business is the way most of the rich became very rich. Bill Gates built Microsoft, Michael Dell created Dell Computers in his dormitory room. The problem is that building a business from scratch remains the riskiest of all the ways to become rich. Even purchasing a franchise, which is less risky, can be very expensive. prices to purchase well-known franchises may range from $100,000 to $1.5 million just for the rights to the franchise. On top of the initial fee, there are monthly payments to the headquarters for training advertising and support. In addition, even all this support is still no guarantee of great wealth. Many times a person must continue to pay money to the franchisor or headquarters, even when his or her personal franchise is losing money. Although the buying a franchise is less risky than starting your own business from nothing, statistics show that 1/3 of all franchises eventually go broke.

Click the "Ways To Become Rich 8 9 & 10" title link above to review and purchase at a 20% discount, Business School book by Robert Kiyosaki where these excerpts came from.

Good day, and good becoming rich!