How To Be Rich Before You Are 30
The 12 Steps to Success in Your Life
What does success mean to you?
Different people have different concepts of success. Some say,”I want to be happy and contented”, while others say,”I would love to travel and see the world”, still others may say,”I want to retire early.” As time goes by and you achieve some of your dreams, your concept of happiness and goals may change. Life is an ever-moving stream, and our aspirations expand as we move on.
Whatever your dreams, you will need money to achieve them.
Here are some practical tips to be rich by 30:
- Have more than three streams of income. 99% of people chase money, and only 1% make it. The secret: stop chasing money, start working on something you enjoy – money will automatically come when you work hard with passion and commitment.
- You don’t have to quit your 9 – 5 job. There’s a startup trend. Fact: over 90% of most startups fail. Instead, use your job to:
- Save and start an online business
- Set your online business in order (it takes time to fine-tune)
- Be open-minded. Seek advice from a mentor
- While in your job,
- If you are lucky, get a job in a similar business you would like to start. Learn from the loopholes, how to improve them, and what mistakes you would avoid. You don’t have to start from scratch and go through a costly, lengthy learning curve. Lee Iacocca (who launched the massively successful Mustang car) said, “Spend three years with the leader in your business – then start your own.” It’s a head start that will save you lots of headaches!
- Explore ideas for your online business – sell something, maybe a book. Create an online course. Have a monetized blog or Instagram page. Having only one stream of income is committing financial suicide.
- Spend at least 100 minutes of your day reading (or watching educational YouTube videos). 87% of financially free people are obsessed with learning. Financial freedom is self-taught. Start by reading these books:
- Rich Dad, Poor Dad by Robert Kiyosaki
- The Laws of Human Nature by Robert Greene
- Atomic Habits by James Clear
- Think and Grow Rich by Napoleon Hill
- How to Make Friends and Influence People by Dale Carnegie
- The Magic of Thinking Big by David J Schwartz
Most of these books are available online, in audio books, and on YouTube. Access whichever way you like!
- Use the knowledge you get and earn from it. The modern flex is:
- Staying anonymous – don’t show off
- Be rich but humble
- Having a great physique
Simplicity is the new rich!
- Wake up at 4:00 or 5:00. People dread waking up early. But this saves you 3 hours of the day start. You have a head start on your colleagues and competitors.
Successful people cultivate these habits:
- Make your bed
- Take a glass of water (or 2) when you wake up
- Hit push-ups or go for a short walk
- Read 50+ pages or pursue an online course
Success hides in your daily routine!
- Sleep 6 – 7 hours only. It’s hard at first, but you will adjust with time. Make your bed a haven for your sleep. A good night’s sleep will help you focus ten times better the following day.A recipe for a good night’s sleep:
- Be active during the day
- Invest in your beddings (a good mattress and pillow)
- Eat three hours before going to bed
- Wear comfortable pyjamas (or sleep naked)
- Set the alarm and jump out of bed and be on your feet when the alarm rings
- Adopt writing (or typing) habits. Jot down your thoughts, and you’ll achieve any goal 10 times faster. Here are a few tips:
- Write your goal down
- State the process to follow
- Visualize the end goal
- Take a course of action (action is the magic word!)
Create goals and hold yourself accountable.
- Take risks. Let the fear of the unknown set you free. You can control just too little.
- Start a new business
- Meet top executives
- Take that scare deal
When taking risks, ensure there’s a net margin of 10 Lacs between assets and liabilities
- Spend 30 minutes a day alone. Embrace solitude. It will help you tap your creative juices and help you get in touch with yourself without external stimulations and distractions. It will also help you:
- Reduce stress
- Boost your happiness
- Boost your mental happiness
- Be active in you are alone with yourself. Do this:
- Take a pen + notebook
- Set on a walk (a quiet place)
- No phone/ music
- Carry a fruit (just a suggestion)
- Socialize with new friends who are financially, socially and spiritually greater than you. Your company will impact your perspective, teach you lessons and provide motivation.
Drop the dropouts in your life!
Bingo! You’re on your way to being prosperous and happy! Best wishes!
If something is holding you back, reach out to a therapist for renewed motivation. Call 9000850001 or click www.hopetrustindia.com