Knowing what rich people know

Those who go on to succeed do so because they know one thing that others don't, and that is how to make money. What's more, they don't make money the hard way, they seem to do it effortlessly - out of thin air. Internet marketers called this method "making money while you are sleeping" !

Many people never stop to question what they are doing. They simply get up in the morning, go to work and do the same thing as they did yesterday. Then suddenly one day they get the idea that they can become overnight millionaires by investing in shares or property or get-rich-quick schemes.

The fastest way to make money and become rich is in fact not through shares or property investment - these are slower methods to create wealth. The fastest way to make real money is through starting or building a successful business, including an Internet business.

Here's an illustration of the average kind of return you can achieve from various types of investments per anum. The illustration shows that it is not the income but assets growth that creates wealth for you.



There is no doubt that the fastest way to get rich is by making money out of thin air through building your own business asset. But not just any business will be profitable: some business are not worth anything, although they are undoubtedly successful. The business you start or build must become valuable to someone else in order to make you rich.

Take, for example, a brain surgeon who has his or her own medical practice. People go to this surgeon because of his or her skill and reputation. The surgeon may turn over many millions of dollars per year and live well, yet his business is worthless to someone else and therefore not going to make the surgeon wealthy.

In the blogging world, take a look a John Chow of JohnChow.com. No doubt, his blog is among a A-list blog and very successful, but John Chow will only be rich if he still maintained JohnChow.com. He cannot be wealthy because no body will want to buy JohnChow.com, as that blog is worthless to someone else.

Just going into any business for yourself is not a sure-fire way to achieve wealth. Indeed, for many it's a sure-fire way to quick failure and the loss of everything they have ever worked for.

Statistically, about 90 percent of people who start up a business make an elementary mistake, and this mistake is made well before the business ever starts. At best, this single error will end up costing everything. But this costly mistake can easily be avoided by learning from the mistakes of other before you.

At certain stage of your life, you will know how two people can go into business at the same time, even expand their businesses at the same rate, yet within two to three years one business will be worth millions and the other worth virtually nothing. The same time, effort, energy, focus and care may be expended by the founders of the businesses, yet one will be millions of dollar richer, the other a lot poorer.

This single idea is worth millions of dollars to anyone in business or contemplating going into one. The secrets of making money have never been revealed like this before, and have been kept a carefully guarded secret by those who know how to make money out of thin air.