Wealth without a business

[Cryptmuster]

It is a mistake when they already have a salary but do not set aside any of it to save, to pay an installment such as a car installment or others such as paying monthly bills is a normal thing, besides that some people who have a salary sometimes only have enough salary to meet their needs so there is no money at all that they save or invest.

Not everyone has to invest because everyone's income is different, some do have a salary that is enough to meet their needs and enough to save it, I myself do not invest but I force myself to save. Maybe someday I will invest when I understand it well.

It depends on your mindset because saving is a habit like anything else, if you can't afford to save a lot, start small, then when your salary grows try to save more. Those who decide not to save anything will one day be out of work and if they don't start receiving a pension by that time, they risk being left without a source of income, and what should they do then? You can't start a business or start investing without start-up capital, and if you don't save, savings won't appear on their own.

[Joy- maker]

Definitely someone can become rich without owning a business, you can just be a share holder in one this big companies, just fund your money to the company for them to use it to run there business doing this process your money is the one working for you not you working for your money you just seat back I wait for your returns.

[Su-asa]

Definitely someone can become rich without owning a business, you can just be a share holder in one this big companies, just fund your money to the company for them to use it to run there business doing this process your money is the one working for you not you working for your money you just seat back I wait for your returns.

Must have money before can buy a share in any company of your choice. If you don't have money you can't buy any shares, unless you have an inherited property from your family, which you can sell to get the money. However, capital is very necessary in any business you want to do, the kind of capital you put in a business or investment will determine the profits you get. No capital no profits, and it's not appropriate to depend on someone or take a loan to do business or investment because you don't really know the outcome of the investment or business you want to put the borrowed money on. Although must take the risk to make more money but it's very necessary to risk what you can afford to lose. If you do not have and you borrow then lose the money, you will probably be in a big trouble.

[CageMabok]

Definitely someone can become rich without owning a business, you can just be a share holder in one this big companies, just fund your money to the company for them to use it to run there business doing this process your money is the one working for you not you working for your money you just seat back I wait for your returns.

What if the company goes bankrupt?
Because becoming a shareholder of a company is also a business because it is to be able to enjoy the benefits of the money we have used in it. Nowadays, business no longer has to be conventional because there are several new models that can be considered as businesses and they can also be quite convincing than conventional businesses that we often find on the side of the road. This means that everyone must be willing to work in order to become rich even though the methods they use are very different and they do not necessarily have to open their own company in order to do business.

[$anounimus$]

Definitely someone can become rich without owning a business, you can just be a share holder in one this big companies, just fund your money to the company for them to use it to run there business doing this process your money is the one working for you not you working for your money you just seat back I wait for your returns.

What if the company goes bankrupt?
Because becoming a shareholder of a company is also a business because it is to be able to enjoy the benefits of the money we have used in it. Nowadays, business no longer has to be conventional because there are several new models that can be considered as businesses and they can also be quite convincing than conventional businesses that we often find on the side of the road. This means that everyone must be willing to work in order to become rich even though the methods they use are very different and they do not necessarily have to open their own company in order to do business.

Yes, the ebb and flow of business must also be studied more deeply before doing activities, if the company goes bankrupt then the capital will also be affected even though it is a risk from it. But I agree that if you want to gain wealth a little faster then you should become a businessman as much as possible. I have seen several examples in my environment that an employee will find it quite difficult to become rich compared to a businessman.

[junder]

It depends on your mindset because saving is a habit like anything else, if you can't afford to save a lot, start small, then when your salary grows try to save more. Those who decide not to save anything will one day be out of work and if they don't start receiving a pension by that time, they risk being left without a source of income, and what should they do then? You can't start a business or start investing without start-up capital, and if you don't save, savings won't appear on their own.

What I am thinking about right now is thinking about how to increase my income, I insist on doing this sometimes it makes my head hurt because I think too much about it. When my income increases of course I can save more of my money, because saving is one of the important things in life and saving is something that everyone definitely wants to do, even parents definitely teach their children to learn to save.

That is one of the true statements, when we don't save and quit our jobs it will make it difficult for us but if we previously had savings maybe there is a way to open a business, I myself save the main purpose is to anticipate unexpected events that can happen at any time, such as accidents, falling ill or others.

[CageMabok]

Yes, the ebb and flow of business must also be studied more deeply before doing activities, if the company goes bankrupt then the capital will also be affected even though it is a risk from it. But I agree that if you want to gain wealth a little faster then you should become a businessman as much as possible. I have seen several examples in my environment that an employee will find it quite difficult to become rich compared to a businessman.

Now becoming a businessman is no longer difficult for everyone as long as they are able to bind trust with several parties or with several well-known companies even though they must also be funded with sufficient money. Because in the current conditions where the economic situation is not easy to predict, it has indeed forced everyone to be able to improve themselves in working so that everyone is no longer enough if they only rely on income by becoming an employee in an agency, including in government agencies where salaries vary greatly for each position.

[bangjoe]

Definitely someone can become rich without owning a business, you can just be a share holder in one this big companies, just fund your money to the company for them to use it to run there business doing this process your money is the one working for you not you working for your money you just seat back I wait for your returns.

Yes you are right, we conclude that investors where they do not need to have a company or business to get rich, by saving money every time you get paid you might get rich if the stocks you buy get a lot of increase, like if you bought bitcoin in 2013 and below, even restaurant waiters can still buy thousands of bitcoins at the time with their monthly salary, but whether it will be like that again or not in the instrument again we can't easily be that lucky and won't understand why and what will happen in the future, of course you can be rich but the chances are relatively small compared to an entrepreneur or business man.

[bitgolden]

Like hitting the jackpot in the casino? There is no way you could get wealthy without a business, whatever you do, if you make that much money, then it's a business. Even if you are just a sole trader, then your business is trading, there is no way of labeling business as something that has offices and secretaries and general managers and creative directors etc etc, sure that's a company, but that is not the only way business could be, we have many other ways.

A one man job could always be a business too, cleaning a house is a business too, making etsy shitty calendars are business models too, doesn't matter what you do, if you are making a ton of money from it, then you are making it from a business that you are doing.

[coupable]

There are people who are well paid in there company,which allow them to be able to save well to gather enough money to buy assets properties without owning a business.

In any case, they are part of a business or their business is investing in their skills that generate profits. Theoretically, the employee is also an investor on a small scale. It is true that their returns are in the form of monthly salaries or annual returns, but they can often be considered more profitable than some private investments. For example, an oil engineer in one of the major international companies achieves more returns than any business in the small business sector of any country. Achieving wealth does not depend only on launching private project initiatives. It can also include investing in individual skills and acquisitions.

[Cryptoprincess101]

         When building a business, it requires some level sacrifice and discomfort, after there have been significant growth l, money can be spent for expanding the business. At this point, it is not  referred to as spending but as investing, because the changes and expansion will bring in more profits.
         

If you are talking about making sacrifices while trying to grow a business, it is understandable but putting yourself in discomfort just to achieve some level of growth in your business is an idea i wouldn't want to buy. I mean why put yourself in a state of discomfort, you can cut your expenses in the course of enhancing your business. When you invest more in your business it will yield more profits for sure but it also depends on the kind of business you are dealing with because there are businesses you will want to expand and end up losing because as you are expanding your business, invariably the cost of the things you market may increase which can cause low patronage because you can lose some of your customers who buys things from you cheaper initially but since you expanded your business and increased the cost of your products, they may find it difficult to deal with, instead they will prefer where they can buy them cheaper.

[HajiBagi]

However for the case of people earning salaries, do you think there is a way they can be really rich without owning a business and or is it compulsory for one to be own his own business

Some people are collecting salary but in a way that they still have enough to safe after spending on basic needs and necessities. There are many of them that save and later open a business. But this can not be for those that have low income which may not be enough for saving up to what they can use to establish a business. Not everyone will be able to. But regardless of what someone is doing, having a business is very good and it can be very helpful

Everything in life have hierarchy. There are some people that their salary is very huge. But I think they will also later prefer to have businesses.

You are right, there are some people whose salary is low and they can not take care of their expenses talkless of saving and opening a business, before thinking about opening another business you have to look at the life you are living if you can open a business and at the end, it will end up with good achievement, I know it is very good as a someone who is receiving a salary to open a business in other to make more money and have a better future but opening business deals with the plan and the way of living your life.

People with low life and low sources of income can never think of opening a business because they don't have any money to start the business unless they borrow money from people or take a loan, not everybody likes taking a loan to open a business because taking a loan to open a business doesn't end up well for some people, with the way things are going in some countries I will never blame those who receive a good salary and still don't open a business because it is not easy to live in some countries and survive with the expenses.

[iBaba]

Yes, the ebb and flow of business must also be studied more deeply before doing activities, if the company goes bankrupt then the capital will also be affected even though it is a risk from it. But I agree that if you want to gain wealth a little faster then you should become a businessman as much as possible. I have seen several examples in my environment that an employee will find it quite difficult to become rich compared to a businessman.

Now becoming a businessman is no longer difficult for everyone as long as they are able to bind trust with several parties or with several well-known companies even though they must also be funded with sufficient money. Because in the current conditions where the economic situation is not easy to predict, it has indeed forced everyone to be able to improve themselves in working so that everyone is no longer enough if they only rely on income by becoming an employee in an agency, including in government agencies where salaries vary greatly for each position.

it depends on what you mean by Businessman no longer difficult. While ways into entering businesses have become easier due to more business ideas and models flourishing, it doesn't mean business is no longer difficult. The kind of investment you're talking about is only for people who have enough capitals. As a matter of fact, business has always been easy for people with enough capital even in the past, all you just have to do is to invest in a thriving business as a shareholder and invest your capitals into different businesses then wait to grow together with the business.

The thing is a lot of people still rely on the income they get from their workplaces which have further undermined their financial capacity and the poverty line at large. The government have equally contributed to this crisis as they do not find ways towards supporting small and medium level businesses disallowing people of such level from enjoying easy of doing business. For most countries in Africa, the government does not take up its responsibility to make business life easy for people rather the lack of basic amenities such as electricity have further made business worse for the people and faced out a lot who could not withstand the pressure.

[landheer]

         When building a business, it requires some level sacrifice and discomfort, after there have been significant growth l, money can be spent for expanding the business. At this point, it is not  referred to as spending but as investing, because the changes and expansion will bring in more profits.
         

When building a business, careful calculations are needed, first from the initial stage which requires a lot of costs, and that is the challenge that will be faced, such as discomfort that will often be felt because you have to cover the shortcomings at the beginning of the business,However, with the passage of time and the development of the business, being managed, all can be overcome, although patience is needed at the beginning when it is established.

[Mikky02]

What people don't understand when starting up a business is the fact that the capital in which the business is rise from show not reduce rather should increase people just go into business thinking every expenses should be placed on the business without a side hustle or another investment the business definitely will collapse we should start up a business in order to invest on the business for future purpose

[Stalker22]

What people don't understand when starting up a business is the fact that the capital in which the business is rise from show not reduce rather should increase people just go into business thinking every expenses should be placed on the business without a side hustle or another investment the business definitely will collapse we should start up a business in order to invest on the business for future purpose

A lot of entrepreneurs know they should reinvest their profits back into their business, but thats sometimes easier said than done.  Coming up with the cash can be tricky, especially when you gotta choose between upgrading your equipment or making the next loan payment.  And trying to live off ramen noodles so you can dump everything back into your company usually doesnt work forever. 

The idea of taking all your earnings and pumping them into your business sounds good in theory.  But the reality is, most owners need to strike a balance that works for their situation and  maybe you split it 50/50 and put half towards expansions or improvements and use the other half to pay yourself a salary.  Or you hold off on opening that second location until you've paid off some old debts first. 

Point is, every entrepreneurs path looks a little different.  What matters most is figuring out a smart money strategy that keeps your biz growing but doesnt leave you broke.

  Reinvention is important, but so is keeping the lights on!

[Tigerheart3026]

Definitely someone can become rich without owning a business, you can just be a share holder in one this big companies, just fund your money to the company for them to use it to run there business doing this process your money is the one working for you not you working for your money you just seat back I wait for your returns.

first you must have enough money to buy shares of a company, then you will become a share holder in the big company,
if you are capable to buy a big company share then you are already rich because you can not buy a big company share with small fund.
without fund you can not make money in this way.

[khiholangkang]

Definitely someone can become rich without owning a business, you can just be a share holder in one this big companies, just fund your money to the company for them to use it to run there business doing this process your money is the one working for you not you working for your money you just seat back I wait for your returns.

first you must have enough money to buy shares of a company, then you will become a share holder in the big company,
if you are capable to buy a big company share then you are already rich because you can not buy a big company share with small fund.
without fund you can not make money in this way.

You just need to buy it slowly not always have to buy in large quantities but with the amount of your monthly money as long as it is consistent in several years and the company you buy has a high enough increase will definitely give you an extraordinary profit and can bring you a rich person Later on, if not stocks then you can do this by buying Bitcoin slowly not a few people who become more rich because of Bitcoin, if you do DCA in the present day in the next 2 years or 5 years, you might be a rich person in At the 2035 if the world system still has not changed and inflation continues to grow there is also no war that destroys the global economy will run with certainty.

[Lamkuthang]

There are other things not just business, they could invest in crypto, stock, or forex trading.
There are also who invest in asset's or real estate, if they could save enough money they could do it, the problem with some people is that they are already contented by their life style living with enough money to survive till their next salary comes, enough to pay bills, put food on the table and have a good time, shopping spree.

This is a condition where someone feels they have enough, but if not, of course they will continue to work harder and this is not about our lifestyle, but the cycle that is maintained so that all needs can be covered properly without having debts or asking for loans from other people in the middle of the month or towards the end of the month before the monthly salary arrives.

[tygeade]

first you must have enough money to buy shares of a company, then you will become a share holder in the big company,
if you are capable to buy a big company share then you are already rich because you can not buy a big company share with small fund.
without fund you can not make money in this way.

You just need to buy it slowly not always have to buy in large quantities but with the amount of your monthly money as long as it is consistent in several years and the company you buy has a high enough increase will definitely give you an extraordinary profit and can bring you a rich person Later on, if not stocks then you can do this by buying Bitcoin slowly not a few people who become more rich because of Bitcoin, if you do DCA in the present day in the next 2 years or 5 years, you might be a rich person in At the 2035 if the world system still has not changed and inflation continues to grow there is also no war that destroys the global economy will run with certainty.

Still, the company grows as well, which means that you may never own a lot to be considered a big partner, and that is why in most cases people prefer other investments. Of course if you are wealthy to begin with then you can buy a lot, but we are talking about people who buy a small piece over time.

You could be lucky too, like buy some shares of nvidia 10+ years ago, and keep doing that for a decade and then suddenly when the share prices go up this much thanks to developing technology, you may end up with a much better result, but that doesn't mean that it's a common method. In any case, I would still prefer bitcoin, that is a lot better for many people and I would suggest doing that over anything else right now.