Want to Become Rich? Then Make it A Goal
How much money do you want to make? Did you ever ask yourself that question? It’s important for us young entrepreneurs to set goals. It’s even more important to want to change the world and help as many people as we can with our businesses, but we can’t pretend that we don’t want to become very rich as well.
I’ll admit it. Here I go. “I want to become extremely rich.” And I’m sure that many of you young entrepreneurs do as well. There’s nothing wrong with that, contrary to what some people may think. Wanting to be among the financial elite is great.
So with that in mind, don’t forget to set financial goals for yourself. Do you want to have 100,000 in the bank by 25? Do you want to be a millionaire by the age the 30? Do you want to go public in 5 years? Do you want to become one of the richest individuals in the world one day?
Don’t be afraid or ashamed to ask yourself those questions. Because if you don’t ask those questions, and you don’t come to an affirmative conclusion as to what you want out of life, guess what, it’ll never happen my friends.
I rarely hear young entrepreneurs talking about how much money they want to make, when I know for a fact that most want to become very rich one day. I think that it has to do with not wanting to overstep their boundaries as a young entrepreneur who hasn’t done too many things with their business yet – they don’t want to come off sounding arrogant or deemed hubris.
But forget about all of that. If becoming rich is one of your goals, then don’t be scared to express that. Sure, I feel that most entrepreneurs who set off to change the world and help as many people as they can will, in fact, end up becoming financially rewarded. But it’s still very important to know what you want and keep those “wants” in your mind.
If you don’t know what you want, then don’t expect to get it. Having extreme wealth will not only allow you and your family to be comfortable for generations to come, but massive wealth also has other advantages.
You can help feed to world. Eradicate poverty. Battle AIDS. Help employ people. Save the rainforest. Fill in the blank. So you better believe that us young entrepreneurs want to become rich when you put things into perspective.
If Oprah and Bill Gates never became as rich as they did, do you think that their contributions to the world would be the same? Absolutely not. Their contributions lie hand in hand with the money they are able to share with the world. Money that was amassed from their entrepreneurial efforts. Money that will continue to have a positive impact for time to come.
So let’s not forget to add our financial goals to our whiteboards and notepads. A young entrepreneur once wrote the number “1,000,000” on a piece of paper and became a millionaire not long after. You may have heard of him. His name is Alex Tew.
5 Comments
nate
December 14th, 2006 at 6:27 pm
I did the same thing… “I want to make $1M before I’m 30″… yesterday I turned 30. But, that doesn’t mean I’m stopping the attempt.
David Askaripour
December 14th, 2006 at 6:33 pm
Yeah Nate, I’m sure that you’ll hit your goal soon enough — just keep at it!
Lucas
December 14th, 2006 at 7:08 pm
Why do I read so much about people wanting to become rich these days? Maybe the tune never really changed but its funny. There are very few people that become wealthy that aren’t tainted in one way or another.
They are tainted by things like Greed, Perfection, and Fickleness among others. I want to become wealthy over time and I am sure that I will so long as I focus on it a bit. I am putting together my own plan to get there as well.
When most people picture a “Rich Person” they are either picturing the lifestyle or all the cool cars,etc it comes with and that’s where it stops and usually they hate what rich people stand for.
That’s why I find it hard to believe that everyone wants wealth in this world when so many really want the things that come from wealth. Wealth and becoming rich is a great responsibility. It least that is what I believe.
Luc
William
December 15th, 2006 at 1:28 pm
Great article David, I couldn’t agree more.
Last year when the new year came around I set a goal to make $250,000 with my ventures for 2006, needless to say I didn’t come close, but I know that I will hit my number in 2007.
Besides that I KNOW that I will be a Millionaire by 30, I don’t say that to be cocky, but that’s just the way that I think, strictly positive.
However for me, I try to focus on doing things that I enjoy, can relate to or that I’m at least good at and I know as a result the money will eventually follow.
I think you’re right however, when entrepreneurs are writing out their goals they can’t forget about the monetary aspects that they want to achieve. Great job.
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