If you ask how to become rich overnight, you hear many stories where people become rich briefly. I will give you a few possible scenarios on how I see it. Is it possible? The simple answer is - Yes, of course, it's possible. I am sure about it because there are many examples of this happening in real life. Do I think it's easy? Absolutely no.
OK, how much money do I need to be called rich? That is the question where will be many different answers. A million dollars for many is a lot, but it isn't for a few. I am for sure not have a million dollars yet, and for me, it's a lot of money, but I know once I have it, I will have a different life, and it might be not enough. It all depends on the lifestyle, I guess.
If we take $1,000,000 for example.
Let's say I get paid $40,000 a year, and many people think it's nothing, but the truth is it's more than most people in the world will get paid.
If we minus taxes and everyday living expenses, we will never get to a million if we have one income source and do not invest or look for other ways to grow our revenue.
So, is $1,000,000 enough? Short answer yes, long answer possibly not.
What is the majority of people do?
Here is how I see the life of the majority of people.
- School / College / University
- Work / family / mortgage
Let's say the average life expectancy is 78; not sure what is in your country (check out Wikipedia for more info), but for this example, I will stick to 78.
The state pension age in the UK is 66, and it keeps rising. If we start working at the age of 16, we work for 50 years to retire and live on average for 12 years. And that's a reality for most.
No wonder people are looking for the answer to become rich overnight.
What are the top wealthiest people do?
But some people on this planet, I will call it 1%, who have a lot of money and don't bother about the state pension because they can afford to stop working and still have enough money to last them forever. Sounds excellent.
But how? How do they do it?
Many wealthy people are rich because they get it from their family or running a family business or something like that, and I will not talk about them.
I want to talk about people who are become wealthy from nothing.
Luck or Hard work?
If we ask any successful person who becomes wealthy from nothing, they will tell you there is no such thing as luck. Many people say that the harder they work, the luckier they get.
They might become an overnight success, but they have worked hard for many years to have this golden opportunity. And that's what people don't see or don't want to see. It's easier to call them lucky. And to have an excuse for doing nothing.
Who knows Conor McGregor? He is reportedly got paid $8.6 million per minute for one of his fights.
That's insane if you think about it. But not many people will talk about how he gets to this. How hard he was training for this opportunity to walk to the ring and finish a fight.
Michael Jordan is another excellent example. One of the greatest basketball players in history. He failed so many times before he got successful, and even when he got successful, he was still failing all the time. But he kept going, and that's how he got successful.
Of course, you can win a lot of money in the lottery, and you can win the jackpot in a casino, or you can get lucky in some meme cryptocurrency. It is crazy how many different digital coins are out there every day, and 99% of them are a scam, and the only people who make money from them are professional traders or owners of the coin.
Nothing against crypto; I am learning a lot about it lately. And if you want to learn more, read this article here.
There are many different ways to make money online, and various schemes exist, but remember, if it is too good to be true, it is probably a scam.
The proven method to become rich is through hard work and discipline.
What is the difference between the wealthiest people and the rest? What are they doing differently? In my opinion, it's a mindset.
If you develop the right mindset, combine it with reasonable, consistent effort, build discipline and don't quit, you will get there without a doubt.
There are many stories about people who won a lottery and became rich overnight; after a few years, they were broke again. It is because they don't have the habits that wealthy people have. On the other hand - there are many scenarios about rich people going broke, and only a few months later, they are rich again. And it's not because they got lucky; it's because they have a wealthy mindset and work hard for what they want.
It's easy to sit in a comfortable place and do not take risks, but if we look at the life cycle for most people, not many people become rich as they are afraid to take risks and sit in their comfort zone.
In my opinion, stop looking to become rich overnight; start by setting a goal; if it's money, be specific(how much exactly do you need). And every day, ask yourself if whatever you are doing will get you closer to your goal. If you are severe enough, you will quickly realise that we are wasting a lot of time on stuff that doesn't get us anywhere, such as watching TV.
Focus on what is essential. Remember, we don't have a lot of time.
Also, don't forget to enjoy your life.
Thank you for your time, and I hope you found this article helpful; if you have any questions about it, please leave a comment below or feel free to reach out to me on the contact us! Page.
Have a fabulous day.