The 5 fastest ways to get rich

I'm going to assume for convenience that you weren't investing like crazy in bitcoins ten years ago, didn't come up with the new app for millennials, or didn't snag David Beckham (ksssst, Victoria, you have no business here). No, I'm just talking about the you's and me's in the world.

What does it really mean to be rich? According to most, it's about finding a balance between material wealth and personal wealth. I just stumbled upon an article from The Business Insider where Daniel Ally explains how he went from nothing (literally homeless as a child in the ghettos of New York City) to a self-made millionaire. What are the fastest ways to get rich? According to him, you can achieve it in 5 ways.

1. Adopt the mentality of a producer

Switch your mindset. A consumer eats pizzas, while a producer makes pizzas. Almost every millionaire produces something. Their goal is not to eat, but to nourish. They create products that help others facilitate. Simply put, they come up with solutions to problems.

2. Do the math

Do you know how much you are worth per day? Do you earn 100 euros? 250? 500 euros a day? There are about 250 working days in a year, so you need 4000 euros a day to become a millionaire in one year. If you earn 200 euros a day, see how you can make that 400 without running yourself into the ground. Do you make ten sales calls a day? See how much work it actually is if you smartly schedule twenty. Are you caring for one child? Find a way to multiply your results by opening a daycare that can accommodate fifty kids. Can you work more efficiently? Measuring is knowing. Increase your own value.

3. Be willing to sacrifice everything

Many self-made millionaires have such a drive to prove themselves because they didn't have much in the past (I immediately think of Anna Nooshin, for example). Barely sleeping to land those gigs? She just does it. You have to be able to handle the worst to achieve the best. Most people are afraid to take risks when it comes to money, but according to Daniel, that's exactly what's needed to get rich.

4. Engage in ‘rich’ activities

Catch a polo match, a charity gala, or indeed, the Masters of Luxury. The influence of your environment is enormous. Those who surround themselves with poor, negative people will often remain poor. Look for activities that rich people also do. Expand your network. Contacts are essential, and you'll also pick up some valuable tips.

5. Seek out your talent

Everyone has a talent. Some have multiple talents, but everyone has at least one. Surround yourself with people who support you. Those who can further expand your talent. People who can do things you can't.

And finally, an extra tip from Daniel: it sounds ‘easy’, but the most important thing is that you truly want wealth. ‘Being rich is having it all.’ A happy family, financial independence through hard work, free time, but also not too much. It's really a commitment. Very few people manage to find the perfect balance. Someone who works themselves to the bone at the expense of their family will never experience optimal wealth, just as someone who often prioritizes family over work, which in turn affects their job. ‘Success is getting what you want. Happiness is wanting what you get.’

Good luck!