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how can i become rich? (alien.top)

submitted 10 months ago by hypnosis47@alien.top to c/entrepreneur@indiehackers.space

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its a pretty stupid question but how? I live in a super toxic household and i wan’t to get away from these people. I don’t know much about finances and i would love some book recommendations and so.

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[–] Supersubie@alien.top 1 points 10 months ago (1 children)

This is the completely wrong mindset.

You get great rewards by creating great value. The market will reward those who solve big problems, in amazing ways. Consistently and repeatedly time and again.

Those who are in it for a quick cash grab might experience a quick rise in success but then ultimately the market will catch on. Word will spread and your customer base will dry up.

Think about it from an evolutionary standpoint. The market is a system that operates much like evolution. The companies that create value, do things better, faster, cheaper get propagated. Those who stop doing that slowly die and go extinct.

So if you want to get rich, switch your mindset to one of service.

All Entrepreneurs do one thing and one thing only.

First they must create value. Then they must give that value to many people.

Then and only then does the entrepreneur get to capture a small % back of the value they create as profit.

[–] Character-Cellist228@alien.top 1 points 10 months ago

Agreed> provide a new product or new service that solves a problem. But don’t quit your day job in the process.