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General Money Chat Discuss other ways to make money online.

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  #1  
Old 11-25-2017
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Default Differentiating Yourself from Others in Your Field

If you want to be rich, I'll list three ways to do it. There are many other ways, but I'll take a moment to list three I feel strongly about.

1)Copying a successful business model(the easiest way).

2)Being nearly "original" and "innovative" in an existing successful business field(a bit harder but higher reward).

3)Coming up with a business out of nothing or invention from nothing(the hardest way, huge potential for failure, lots of lessons to be learned).

Your success and financial rewards basically come down to how accurate your vision of your upward journey is, how hard you're willing to work, and how smart you execute your strategies for growth and improvement.

The wealthiest earners are often not the first or best; they just happen to be in the right field and have executed their plans(which can change over time) in such a beneficial manner(which can also be luck-based) to achieve their positions of wealth and power. If you choose a business that has $1 billion in annual revenue and 1000 movers and shakers like yourself, you can expect to make $1 million a year on average. If there are 10,000 highly motivated people like yourself, you better hope that business field generates $10 billion, be satisfied with $100 thousand a year, be "original" within that business, or find another business.

There have been thousands of books written on the subjects of success and wealth, so you can choose to go in any direction you feel is right. You just have to focus on what you want to do. The hardest part is failing while knowing you're on the right path or setting a new path within an existing business or entirely new business.
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  #2  
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Default Re: Differentiating Yourself from Others in Your Field

Is this post supposed to have some value? Is there a part 2?
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Old 11-26-2017
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Default Re: Differentiating Yourself from Others in Your Field

If this was 2014 I would have added point #4 in there - buy a boatload of Bitcoin and wait 3-4 years.
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Old 11-27-2017
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Default Re: Differentiating Yourself from Others in Your Field

It's not a guide to being rich. It just provided some tidbits. Probably 1 out of 100 people will be rich and maybe 1 in 50 people who use my tips. It's really hard to start from nothing and become rich. You have to be part of the way there.

You can't use bitcoin in 2014 as an example because it already happened. If you had a time machine to go into the past, chances are many other people would have time machines and the space-time continuum would break down. If you were the first with a time machine that could go into the past, you wouldn't worry about getting rich.

You can use bitcoin in the future though. Buy bitcoin now, continue at your normal job for the next 10 years putting all your savings into bitcoin, and then come back in 10 years to thank us. But if you're broke in 10 years, don't blame me for investing in a "bubble." If I invest $10k today and one bitcoin is worth $1 million in 10 years, that probably means the inflation rate has gone up 10x. Now $100k in 10 years is a reasonable conjecture with 2x inflation.
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Old 08-15-2018
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Default Re: Differentiating Yourself from Others in Your Field

Your number 1 way is just a dump, who can you become rich while copying others. This will make you dummy
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Old 08-15-2018
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Default Re: Differentiating Yourself from Others in Your Field

Quote:
Originally Posted by cooljustin View Post
Your number 1 way is just a dump, who can you become rich while copying others. This will make you dummy
Nice thread search and revival
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Old 08-15-2018
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Default Re: Differentiating Yourself from Others in Your Field

Gotta get that post count up to 10.
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Old 08-15-2018
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Default Re: Differentiating Yourself from Others in Your Field

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Originally Posted by GreenBean View Post
Gotta get that post count up to 10.
Great identification there GB was thinking the same thing hah
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Old 08-20-2018
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Default Re: Differentiating Yourself from Others in Your Field

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Originally Posted by cooljustin View Post
Your number 1 way is just a dump, who can you become rich while copying others. This will make you dummy
Try to copy other good successful business model, its not so easy as its looks on first sight. But sometimes in this situation and business model you can become even better than you competitor.

Lot of great and big business, movies or even music industries copy each other in some ways or others or even full copy, in this situation I give you example of "LION KING" everyone knows it, but its copy from Japan " KIMBA " same story , even same characters. That kind of stories you can see also in other business field.
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Old 11-17-2018
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Default Re: Differentiating Yourself from Others in Your Field

The one and only way to become rich is in your mind first. Riches and wealth are all perception.. I am rich not because I have so much but, because I need so little..
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