Post
Topic
Board Economics
Re: How too get rich
by
futureofbitcoin
on 23/07/2015, 22:11:11 UTC
here is a great quote: “If you are born poor its not your mistake, But if you die poor its your mistake.”
Maybe this will inspire you.

How many of the individuals, who were below the poverty level 20 or 30 years ago, went on to become billionaires? Probably Zero. Without an initial capital, it is really hard to get rich. To get rich, you need skills. And acquiring most of these skills and qualifications need a solid monetary investment (Education for example).

Many people forget that when Facebook's founder started swimming in wealth, he was a young college student. Almost everyone knows the story of Facebook, and Zuckerberg's now one of the wealthiest people in the world, at around $20 billion, regardless of age.
Also The founder of WhateverLife.com

You don't need any skills, maybe some basic. But the thing is that you must have an idea, fucking good and revolutionary idea!
this is absolutely false. Ask any successful VC/entrepreneur and they'll tell you ideas are worth nothing. Execution is everything. Anyone who's anyone can come up with ideas. But you need to execute them properly.

And even before execution, you need to be able to realize that idea in the first place. Let's say some kid in Africa came up with the idea for bitcoin in 2007. But he doesn't even have a computer, let alone computer skills to write the code for the bitcoin blockchain. What value is that? Nothing. Absolutely nothing.

You need the skills to realize your idea and turn it into a product or whatever. I can come up with 100 ideas for games that are similar to clash of clans. But I'm not going to make 5 million/day, because I don't have the skills to design the GUI, UX, and game mechanics.