Do you want to make a quick buck? Do you want me to teach you how you can make an extra hundred grand?
Throughout your entrepreneurial life, you’ll hear stories of other entrepreneurs who are making thousands of dollars a day from a business that seems easy to replicate. And if you get lucky, you’ll actually get to meet a few of these entrepreneurs.
But before you make any rash decisions and try to get rich quickly, here are a few things that you need to know:
You really can get rich quick
Not only have I met a lot of people who are getting rich quickly through businesses that seem easy to replicate, a small portion of my friends are actually in the space and are doing very well.
There isn’t anything wrong with most of these businesses and I respect all of my friends. But just because they are doing it, it doesn’t mean you can to. In most cases they were able to get rich quickly because:
- they simply got lucky
- they had a special skill set that you probably don’t have
- and they got in during the right time
There is more than meets the eye
Although many of these get rich quick businesses seem to pull in a lot of money right now, it doesn’t mean that they will pull in a lot of money forever.
Most of these businesses are short term. So if you happen to get lucky and come onto a business that is minting money, milk it while you can because it won’t last forever!
So the next time you hear someone saying that they are making $1000 a day, the chances are they have only been making that for a few months if not a few weeks. And don’t expect them to be making that kind of money for years to come.
How these “gurus” really make money
Most of these get rich quick gurus make money by telling people how they make money. They usually sell their so-called secrets in an eBook and it typically gets bought by 1000s of people.
You’ve seen them, right? For $397 I can teach you how I made a million dollars while sitting on a beach.
But what they don’t tell you is that those tactics worked 3 years ago and they probably won’t work anymore.
The problem with getting rich quick
99% of the people, who try and get rich quickly, usually fail. So the chances are, you will too. And as I mentioned above, the reasons you will probably fail at getting rich quickly is because:
- you’re not that lucky
- you don’t have the required skill set
- and you’re too late
And if you happen to be that lucky individual and make a quick buck, it will actually make you poor. The reason behind it is that it will distract you away from your long-term goal.
If you took that time and spent it on a long-term business you probably will be a lot further and the chances are you’ll make more money in the long run. Especially if that business you are spending all of your time in is something you are really passionate about.
In the short run you’ll have a very tiny chance at getting rich quickly. But, by going after that golden carrot you’ll not only lose time and money trying to get rich quick, but you’ll also get distracted from your long term goal.
So why waste your time trying to go after something that isn’t obtainable? You’ll make a lot more money building a “real” business.