Why You Will Never Get Rich! - written by John Muritu

What Do All The Rich People Have In Common?

Everyone says they want to make a lot of money. If you ask a hundred people on the street, "Do you want to get rich?" - they'll all say, "sure!" And as you know, there are many different ways to get rich and there are many experts out there who claim they can help you get rich. I go to the bookstores quite a bit and see all the books on financial independence.

Most of those books are very disappointing to me because the authors idea of building wealth is all about trying to live frugally, saving your money, and investing it wisely. This is good advice but it is not what this article is all about! You see, I don't believe in "cost cutting your way to prosperity". Living frugally and saving your money has little appeal to me... and that's not how I made millions of dollars... nor did any of my friends!

The way we became super rich is to go into a lucrative business for ourselves and then to focus all of our time and energy on making as much money as we can. That's what this article is all about. Saving money and living frugally has its place... After all, let's say you save a dollar a day, put it in a shoebox and take it to the bank every month. You can take that money and put it in some kind of mutual fund that gains an average of ten percent... "How much money would you really have?" The answer may shock you! You see, within thirty years, you'll have over sixty seven thousand dollars!

This is the most non-risk way to make money. After all, the stock market has averaged about ten percent a year for the last 50 years. So in this example, you leave your dollar a day in some fairly conservative mutual fund for thirty years and you will have almost seventy thousand dollars! All the books and literature available today on achieving financial independence through frugal living do not hold any appeal to me.

The only way that I know how to teach you how to get rich is the same way that I have gotten rich, and that is through business. THIS IS THE EXCITING WAY TO GET RICH! Just focus on becoming self-employed and try to make as much money as you can in the fastest period of time. That's it! When the smoke clears, you will have made millions of dollars! Do this for enough years and you'll wake up one morning and realize that you are a multimillionaire!

I run into many people who want to make millions of dollars...but they are afraid of being self-employed. To them, there is really no other way for them to do it. You see, although there are corporate jobs that pay huge amounts of money (there are people who have became multi-millionaires because of all the stock options they received) as many 5 of these stocks they received with their job were basically worthless at the time but the companies gave it to them. They were given these stocks as part of their job benfits to get them to stay a little longer and focus on the company. Some years later the company went public after some success and these workers woke up suddenly to realise that they become millionaires!

Make no mistake, living frugally and saving money for many decades can definitely make you a millionaire... But if you want to make the most money in the shortest period of time, you must commit yourself to becoming self-employed!