By Gerald Tay (guest contributor)
People want to get things fast – the faster, the better. There is no time to wait. Give it to me yesterday, please.
There are a lot of programs that promise fast or even instant results. They cater to the subconscious mind of the individual which has been programmed to want everything as quickly as possible.
Ironically, this is why we never accomplish anything. We want things now so bad that we don’t stick with the plan long enough to make a difference. Even when you’re on the right track you have to wait for the train to arrive to take you to where you’re headed.
The more valuable something is, the higher the effort required to achieve it
Since building wealth is of high value, it takes time – those how-to-get-rich quickly in property (or any asset) programs don’t work and never will. It’s all cheap garbage orientated towards the masses.
Why are people paying so much money so that someone can tell them how to get rich? The pros are just feeding the fans with unrealistic expectations and want the amateurs to believe that they are actually revealing the real secret to wealth. Well, my friends, the info is garbage and gets you nowhere.
How to get rich fast
I will tell you how to get rich fast. Get ready. The secret to get rich fast is to not try to get rich fast. Not trying to get rich fast is surprisingly the best and the fastest way to get rich. Not to get rich fast means if it takes decades to build real wealth then so be it.
By refusing to fall for the cheap tricks you won’t be wasting your time doing nonsense that gets you nowhere, and those quick solutions are just that: nonsense. If something looks too easy and too good to be true, it doesn’t work and will only distract you from your real path as a wealth constructor. When you are aware of this fact, you will progress as fast as possible. In this case the real shortcut is to not take shortcuts at all.
People with money but without character are little better than animals
Achieving a goal is great, but what’s more important is how you get there. I would gladly make less money doing something that helps me improve as a human being, than make tons of cash slaving away. Goals are merely something to aim at. The journey is what builds character. This is where the real reward is. This may be a stupid cliché, but it’s true.
Don’t be afraid of being a beginner. Don’t be afraid of going on a new journey. It’s hard, but harder things tend to produce more valuable results.
When you first get onto the wealth building path, there will be a lot of people that will look at you and think: “What an amateur. You’ll fail!” Don’t worry. It’s part of the game. What matters is that you’re doing something you love. Who cares whether you live in a HDB flat or an Orchard Road penthouse?
Do something that takes you one step closer to your goal, and brings moments of joy into your life.
Sometimes sacrificing your Queen is what has to be done to win a game
I can tell you with certainty that if you have no love for what you’re doing, you won’t be any happier when you achieve higher levels of mastery. That’s why so many people who have reached the top in a certain field often quit. It looks weird on the outside, but it makes perfect sense inside.
The older you get, the faster life goes by. To younger people six months appears to be a lot of time, but what are you rushing for? It makes no difference whether you achieve your goal today or 15 years later. There’s always something to be done. It never ends. The loop keeps on repeating. We might just as well enjoy the process before meeting our Maker.
Soon the day will come when money won’t matter
The real measure of your wealth is how much you’d be worth if you lost all your money. If you strip away all of your assets (your house, your car, your clothes) what are you left with? If all you have left is enemies, then you weren’t really wealthy in the first place. If you’re still surrounded by family and friends, then you have true wealth.
Remember: You can’t take your wealth with you when you’re dead.
Forget about fast results and focus on effort and the gains will come quickly. People are often surprised how far you can go when you don’t fall for gimmicks. True rewards can never be achieved by cheating. This universe has laws.
In the end, it’s better to stick to the classics. There are new millionaires today but after 20 years nobody will remember them – for most will be broke. They will fade away.
Remember: if you want to get rich fast through property, don’t try. The promise of fast and easy money is for suckers.
By guest contributor Gerald Tay, who is the founder and coach at CREI Academy Group Pte Ltd, an organization dedicated to empowering retail property investors with smarter investing philosophy and strategies. He is a full-time investor with over 13 years of solid experience in building his wealth through Property Investment and is financially wealthy today.