The Secret of the Rich in the Millennial Era.
There is a secret that makes people rich and this is not money, not stocks, not companies, not skills, not mentors. Today we will discuss the conspiracy of the rich, today we will reveal the secret recipe of the rich that is kept only for his people.
Generic formula about getting rich, some say have skills, actions, and others. That's all right, well and I agree with that formula. But remember, it's a generic formula, guys. This means that there is a secret formula, a secret formula that is not shared.
Today I will tell you the secret formula, how you can make a lot of money. Could be a rich man, like Mr. Crab.
So you can write, FINALLY I KNOW THE SECRET FORMULA TO BE RICH. That secret formula is OP[X] What the hell is OP[X]...?
OP stands for Other People, we can fill in the [X] according to our needs.
The formula is very simple and there are many examples of OP[X], for example, the first being Other People's Time, or someone else's time. Since time is the greatest asset that cannot be produced anymore, the richest and most productive people in the world will ensure that their greatest asset can be used as efficiently as possible.
The trick is to use Other People's Time, or other people's time, because there are lots of people out there who sell their time cheaply. Moreover, we live in a developing country with a very large population, more people are looking for work than creating jobs. Yes.. this is a sad fact, until finally many people sell their time cheaply. An example of the action could be by delegating our work, a job that takes up our time. The director of a company cannot possibly be an admin, accountant, technician, as well as a person who produces goods.
He needs to delegate his work to other people and try to take advantage of other people's time at the minimum cost. In this digital era, now even a job can be outsourced to another country at a much cheaper cost. Can be outsourced to the Philippines, Bangladesh, Vietnam, or even India.
The second is Other People's Money. Other people's money People become rich because they use other people's money to make money. For example, a company that has an IPO
use investors' money to develop the company.
Property investors use money from banks to buy properties, start-up companies sell their series A shares to make money. Indeed, to make money, we need money, but that doesn't mean we have to have our own money.
The third is Other People's Experience. People become successful and rich because they take advantage of the experiences of others, they can hire professionals who are much smarter.
An example is Andrew Carnegie, a steel entrepreneur who does not understand steel, but surrounds himself with people who are experts in the field of steel.
The fourth is Other People's Idea. People become successful and rich by taking and modifying other people's ideas, but this does not mean plagiarism, guys, or stealing other people's ideas, because ideas can come from anywhere, based on input from other people, it can also be from the experience of failure of others.
In the real world, Mark Zuckerberg founded Facebook because someone else, Mark, stole ideas from the Winklevoss twins. Another example of the story feature on Instagram, Tiktok, Youtube is the idea of Snapchat. Youtube shorts is an idea from Tiktok which was later modified.
The fifth is Other People's Work or other people's work. The secret of people to be successful and rich is through the work of others.
We can buy or even tell someone else to do something and then claim for the job, actually, it's a gray area, guys, when we talk about ethics.
But yeah sorry to say, that's how the world works. Such is the fate of those who do not understand this formula. The good news, you already know about this formula. Do you think Bill Gate started coding himself? No, Bill Gate bought a program called QDOS for $50,000.
Then modify it a bit and sell it to IBM. Unfortunately, there are many people out there who do not appreciate the results of their own hard work. Even Steve Job never wrote a single line of coding. When he got the job from Atari, Steve Job was paid $5000 and only paid Wozniak $700 USD.
Bill Gate is not a computer genius, and neither is Steve Job. Bill Gate and Steve Job are visionaries, entrepreneurs who know about this secret formula. Successful people are not smart people, but people who are good at taking advantage of the intelligence and knowledge of others. Of course, this has a positive connotation, guys.
For example, the President has an advisory team consisting of intelligent people, who are useful to help make decisions.
A CEO has directors and professionals to help the company through their knowledge and expertise.
Successful and rich people become like that because they are good at using other people's knowledge, good at using other people's knowledge, other people's expertise, to help them achieve their dreams and financial targets.
The seventh, Other People's Network. People become rich because of the network.
Of course we really agree with this one, but the name of the network, our network is limited. For that we need network assistance from other people, so we have to make more positive friends. Because both wealth and poverty are contagious and this is why the best educational place for our children is so important.
Not because of the quality of education, but because of the network that can be used as capital when he grows up. The next mission is to turn our network into money.
The eighth, Other People's Problem. Other people's problems can be a business idea. All entrepreneurs get rich by solving other people's problems. In an area there is no shop, so a shop is set up.
People needed a faster vehicle to cross the sea, so jet planes were made. People find it difficult to learn foreign languages, so a foreign language tutoring institution was established.
So solve other people's problems, then the money will automatically flow to our account. It's easy for us to sell water in areas that lack water. The demand is there, we supply it.
The ninth, Other People's Influence.
We can also take advantage of the influence of others. For example, we have a product and then we endorse an influential person or we, if we have a business, can provide the best service so that someone can give an endorsement or reference for free.
When I was a property agent, I was often given to clients by my old clients and of course it was easier to enter someone's circle, if we were introduced to other people. So, our mission is to continue to enlarge our circle through the influence of others.
So, the point of all of this is to be successful and rich it does need resources, it needs capital.
But not necessarily our own resources and capital, you have to take advantage of OP[X].