Do I have to Work if I want to be Rich?

There are many people that aspire to be rich. It can be easy to think that it could be simple to be rich and that not much work has to be done. We might look at certain types of rich people and think that they have it easy and we could easily make money that way ourselves. It is worth knowing how the people become rich and what they have to do to stay that way as you will realise that you will have to work hard if you want to be rich.

Youtubers

There are lot of youtubers that make a lot of money form what they do. However, it is worth bearing in mind that there are loads of youtubers and only a small percentage of them make a lot of money from what they do. They have had to find a way to stand out from the crowd, doing something original or doing something really well. They also need good equipment to do it and they will have to use marketing skills to get people to watch the videos. Many of them will spend two or three times longer editing their videos than they will filming them and they will take time to plan them as well. This means that for some of them they can be working very long days. They also rely on advertising to fund them and this is not something that they can all find easily.

Business owners

Owning a business sounds easy as you can let your staff do all of the work. However, you will have had to come up with the business idea to start with, spend time building it p and keep researching to make sure that there is still a market for what you do. You cannot rest as you need to make sure that it is operating efficiently and that you are still making good money for it. Only a few businesses are massively successful and make loads of money.

Film stars

It can be easy to think that a film star has it easy. However, they have to know how to act, be able to learn their lines and be successful in auditions. They will have to work their way up too, many starting in small roles and not earning enough from their acting. Only a few people make it to the top and they tend to be good looking and young and it is possible that they may also know the right people so that they can land the best roles.

Property owners

It might seem really easy to make money form property. Just get property and rent it out and collect the money. However, you have to find the money to buy the property which might be money you own or you may have to borrow. You have to keep the property in a good state of repair and decorate it and repay your mortgage using the rent. You will also need to make sure that you always have someone renting it, which may not be that easy. You will need to find the right properties that you know you will be able to make money from.

Inherited rich

It can be really easy to think that the inherited rich just sit about all day and spend the money that they have inherited. However, it tends not to be like this. They may have inherited property as well, which will need looking after. Older houses often need a lot of work and this is expensive so they may need to think of ways to make an income from it. Even if they do not have this to do, they will need to make sure that they are investing their money wisely to pay them a good income. If they just spend the money it will run out. They may also decide to give some money to charity and will spend some time considering this as well.

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