Recently I came about a book call the Millionaire Fastlane written by MJ DeMarco. He believes in getting rich fast instead of getting rich slowly. Getting rich slowly means that you will save your income consistently, spend below your means and invest in safe investment towards your riches. Getting rich fast means that you will be someone (maybe an entrepreneur) who creates businesses and multiple streams of passive income.
I used to believe that getting rich slowly is the way to go. All I need to do is to follow a rather safe route (invest in safe investments and save regularly) and I will reach my destination. However, I am having second thoughts about this idea.
Millionaires and billionaires (Mark Zuckerberg with Facebook) are getting younger and this means that the world and the way to make money may be changing (rapidly). Taking the slower route to riches may not seem like a good idea anymore. Especially with the presence of the internet, people are using it as a way to run their businesses for 24/7. The internet also helps to expose ourselves to a global market. It means that we can sell to anyone regardless of where we are located.
I wonder what you think about it? Do you think getting rich slowly is the way to go or getting rich quick is the way to go? I’m open to listen to your view on this and I think it will be interested to see what is your preference. Remember to vote in the poll above.
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Cheers,
Vincent
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Do You Prefer To Get Rich Fast Or Get Rich Slowly? – Find Out What Others Think Of This