3 Ways To Be Rich

Posted by Kris | Wednesday, July 01, 2015 | , | 2 comments »

Chow Yun Fatt
Chow Yun Fatt  

In my honest opinion, there are 3 general ways to be rich or earn some serious money:


Generate Value

1. Solve people's problems and get paid solving it.

Example is like GrabTaxi which solves the problem of hailing a cab and in the process creates a win-win situation for taxi drivers, consumers and the company itself. Simple idea but power business model.


Hourly maid business is booming because people just lazy/don't like to do housekeeping
2. Do something or a business people don't like to do
- A blue ocean strategy because there is little or no competitor at all. E.g would be hourly maid, sewer cleaning. These are businesses people tend to shun away from because it is not glamorous, and in most cases, you as an entrepreneur of a small business might need to go hands-on.

3. Marry a rich husband/wife.
 - Don't need any explaination here. A pretty wife or handsome husband is a rare bonus here.

P.S No.3 can be true provided that you are lucky/pretty/handsome/fated person. I don't think no.3 applies to me though. But hey, you never know right :p


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2 comments

  1. ChampDog // 6:55 PM  

    I also want 3 if can

  2. Kris // 1:55 PM  

    hahaha @champdog, you are too late already...