Showing posts with label Wealth. Show all posts
Showing posts with label Wealth. Show all posts

Monday, 16 June 2025

How can I become rich?

We’re 7.6 Billion people in the world.


Growth won’t stop anytime soon.


The population is projected to grow +1 billion in the next 10 years!


Millions wake up daily and hustle to become rich.

Millions are trying to do unethical things to become rich.

Millions are trying to get elected to a government position to become rich.

Millions are in college today to find that “secret recipe” for becoming rich.

How can I become rich (stand out) in this world among billions of people?


Let me explain with a soccer analogy:



This is a perfectly LEVELED playing field.




Which team will win?

Obviously the team with the best players.

Those with the best abilities.

Those gifted to be faster and stronger, plus who work hard to master the game.

Agreed?

The advantage is obvious; a team of professional players will always win over a small high school team.

This is exactly what millions are still learning in college today: how to become “professional” soccer players.

Now picture this playing field:






Now which team will win?

It’s NOT a fair game anymore, correct?

In business it’s called DISRUPTION!

The team that scores to the left goal has to go uphill to score.

The team that scores to the right goal will score with a fraction of the effort.

What does this mean?

The world HAS changed.

The economy HAS changed.

It’s virtually IMPOSSIBLE to achieve financial wealth if you still play as a normal “soccer player”.

To understand the new rules of the game you need to learn the new rules of the Digital Age and develop a new mindset.

Let me further explain:


Wealth is NOT created by hard work anymore.


IT’S ALL ABOUT LEVERAGE! You:

Leverage other people’s time.

Leverage other people’s money.

Leverage other people’s talents.

Leverage the power of scalable tools.

Welcome to the Digital Age! New economy! New game!


Ways of creating wealth have changed:

In the Agrarian Age, wealth originated from using nature.

In the Industrial Age, wealth originated from using machines.

In the Information Age, wealth originates from using information and knowledge.

To become rich you must master the new rules, the new opportunities and play the new game!

Thursday, 12 June 2025

Various Income Streams

WARNING: Not all income leads to financial freedom.

Understanding the different types of income, their sources, and how they are taxed is key to building wealth and achieving financial independence.

Here’s a list of them:

To answer your question, how can you create multiple incomes?

The only way to create multiple income streams is by deeply understanding how money is made.

Here is an example of each type of income, all following the same business (a food truck).

Employment: A cook who works for a food truck business and receives an hourly wage from the food truck owner.

Freelancing: A freelance chef who offers occasional party catering services with his own or rental food truck.

Solopreneur: A solopreneur who starts their own food truck business and operates it as a one-person operation, handling all aspects of the business from cooking to marketing to finance.

Entrepreneurship: An entrepreneur who starts their own food truck business, hires other chefs and staff and operates multiple trucks.

Investment: An investor who buys shares in a publicly-traded food truck company and earns returns on their investment.

Rental Income: A landlord who rents out food trucks with a parking space and collects rent payments.

Royalties: An author who writes and publishes food truck cookbooks and earns royalties from book sales.

Passive Income: An investor who provides capital for a food truck business and earns a share of the profits.

To create multiple income streams, deeply analyze each of these eight options and focus on the two or three that you have the best skills and resources to accomplish TODAY.

Which will you focus on?

Share below!

#BeBusinessSmart


-Hector Quintanilla


Hear me out all females

Thursday, 8 May 2025

“I worked really hard and yet I failed”


This is one of the most common line I have ever heard from people.

Most people assume that one cannot achieve success despite putting in the hard work and success really depends on luck.

However the real problem is that most people cannot distinguish between manual labor and actual hard work.

Most people are stuck doing manual labor which fetches them no result.

Success on the other hand highly depends on what I call “High Impact Activities”.

A majority of people ignore these “High Impact Activities” because they are “Hard”.

Now don’t get me wrong, here hard activities does not mean they take effort, its just that they are least pleasant to do.

Hence people try avoiding these activities and focus all their energy and effort on low impact activities.

Lets take an example for both HIA and LIA:

In business context:

HIA: Cold calling customers, selling them products on the phone or reaching out to new customers, following up new leads.

LIA: Designing logo for your website, spending time to learn so called “productivity tips” from YouTube after wasting hours on designing the logo which you could have outsourced on fiver for $5.

In a student context:

HIA: Focusing on the most important yet hard topics and understanding them thoroughly.

LIA: Spending more time on easier topics, topics which you already know well.

In a newbie programmers context:

HIA: Working on a personal project which involves building something.

LIA: Reading and searching for answers on sites, deciding which code editor to use, debating on which programming language is better.

I hope this gives a clear idea of how High Impact Activities are different from Low Impact Activities.

If you compare them both, you will find that both of them take the same amount of effort to do.

However if you take a look at HIA, they are not very comfortable or pleasing to do.

Designing a logo for your business seems like a nice idea while cold calling a client sounds rough and hence people tend to deviate towards things that are of less importance just because they find pleasure doing them.

High performers on the other end know what activities would create the most impact for them and hence they are willing to do them irrespective of how un-pleasurable they are to do.

Doing hard work does not mean working like a donkey on some simple things.

Here is what hard work looks like:

  1. Deciding and doing something which you know is not pleasurable but can give you the maximum results.
  2. Taking risks in all walks of your life, switching careers if the current one does not pay you well.
  3. Taking hard decisions, making a complete shift in the way you operate and think.
  4. Taking responsibility, hiring people, or learning some new skill which can change the course of your career.
  5. Being able to manage and make the most efficient use of your time.
  6. Being consistent for years doing anything, be it at a business, learning new skills, or working out.
  7. Doing something which you have never done before, or doing something where you are uncertain about the outcome.

These are the actual activities which can be termed as hard work.

The day you understand the difference between manual labor and real hard work is the day when your life would change completely.


-Saurav Sharma


Firstly, stop creating false beliefs in your mind

Friday, 25 April 2025

You can only improve things which you measure

You can only improve things which you measure

Let’s say you want to improve your ability to focus.

After a couple months, you wont be able to tell if you have made substantial improvement unless you have some metrics to measure.

You can only say you improved your focused work hours by x% when you have the data to back it up.

To have that data, you must track measure and track something which proves your performance.

For example, on day 1 you can say I worked for 1.5 Hours in a focused manner. You can keep tracking it every day, and can measure your progress.


-Saurav Sharma


Things Not Worth Anyone's Time

Sunday, 20 April 2025

Stay humble

Stay humble: I’ve seen people fill up with pride like a hot air balloon when they achieve a teeny bit of success. They get a huge ego boost, they start considering themselves as some kind of god who knows it all and can never fail however thinking that is a recipe for disaster. Yes, you must celebrate your success but you should also realise that there are tons of successful people that are way ahead of you and have done a lot more than you did. Only then you will be able to think ahead in life. When you be humble and realise that your success is nothing as compared to others, only then you will be able to reach to the level of people who have achieved a lot more than you.


-Saurav Sharma


People Develop Their Attitude Depending on........

Karma's Role In Unemployment

Friday, 14 March 2025

Rich people work hard or is it just luck ?

Wealth creation is rarely about individual effort alone or pure luck—it's typically about intergenerational advantage. It is not "hard work vs. luck". It is more about how a family can work in tandem to build an advantage over multiple generations. Rich people pass on wealth, wisdom and connections to the next generations, while poor people don’t pass much.

We live in an instant-everything world where we assume that wealth is built in a few years. It doesn’t happen that way. Advantage of any kind is built over generations often taking a century or more. The ones who have the patience to think this and plan for not just themselves but help their kids and grandkids tend to be successful.

The Multi-Generational Path to Wealth

A typical wealthy family today often traces back 3-4 generations:

  1. The great-grandfather might have started with nothing, working himself to exhaustion but prioritizing education for his children
  2. The grandfather could secure stable employment, moving the family away from starvation
  3. The father, with better education, could take calculated risks and build connections
  4. The current generation inherits not just financial capital, but social capital, business networks, and opportunities

This pattern appears consistently across successful families. Consider these examples:

  • The Tata family built their empire over two centuries, starting with trade during colonial times
  • Bill Gates benefited from his mother's IBM connections
  • Elon Musk's father (who owned mining operations) provided early advantages
  • Even historical figures like Mahatma Gandhi benefited from educational privileges most Indians couldn't access

Family Stability as Economic Advantage

The primary way to build the multigeneration advantage is at the family level. Poor families often have absentee parents, often drunkard husbands. My father used to work in rural development activities of his bank when I was a kid and as I visited the families of poor. The thing that always struck me was how different the fathers were from those in successful families. If the fathers think in terms of multiple generations of slowly building an advantage, the family gets a substantial boost.

Research shows a growing "marriage divide" that reinforces wealth disparities:

  • Middle and upper-class Americans [and Indians] have higher marriage rates and more stable families
  • Working-class and poor Americans experience higher rates of family instability and single parenthood
  • This divide didn't exist before the 1970s but has grown significantly since
The Marriage Divide: How and Why Working-Class Families Are More Fragile Today
Editor’s Note: This research brief is an edited version of a research brief prepared for the Opportunity America-AEI-Brookings Working-Class Group. Go here to read or download the full brief. When it comes to marriage and family life, America is increasingly divided. College-educated and more affluent Americans enjoy relatively strong and stable marriages and the economic and social benefits that flow from such marriages. By contrast, not just poor but also working-class Americans face rising rates of family instability, single parenthood, and life-long singleness. Their families are increasingly fragile and poor and working-class Americans pay a serious economic, social, and psychological price for the fragility of their families. 1 The Fragility of Working-Class Marriages and Families Before the 1970s, there were not large class divides in American family life. The vast majority of Americans got and stayed married, and most children lived in stable, two-parent families. 2 But since the 1960s, the United States has witnessed an emerging substantial marriage divide by class. First, poor Americans became markedly less likely to get and stay married. Then, starting in the 1980s, working-class Americans became less likely to get and stay married. 3 The current state of marriage and family life and the class divisions that mark America’s families can be seen by looking at contemporary trends in marriage, cohabitation, nonmarital childbearing, divorce, children’s family structure, and marital quality. One of the most dramatic indicators of the marriage divide in America is the share of adults age 18–55 who are married. Figure 1 indicates that a majority of middle- and upper-class Americans are married, whereas only a minority of working-class Americans are married. This stands in marked contrast to the 1970s, when there were virtually no class divides in the share of adults married, and a majority of adults across the class spectrum were married. 4 At the same time, Figure 1 indicates that working-class Americans fall almost halfway between poor and middle- and upper-class Americans when it comes to the share who are married.* When it comes to coupling, poor and working-class Americans are more likely to substitute cohabitation for marriage. Figure 2 shows that poor Americans are almost three times more likely to cohabit, and working-class Americans are twice as likely to cohabit, compared with their middle- and upper-class peers age 18–55. Taken together, these figures suggest that lower- income and less-educated Americans are more likely to be living outside of a partnership. Specifically, about six in 10 poor Americans are single, about five in 10 working-class Americans are single, and about four in 10 middle- and upper-class Americans are single. However, when it comes to another fundamental feature of family life—childbearing—working-class and especially poor women are more likely to have children than their middle- and upper-class peers (see Fi

Two-parent households provide substantial advantages:

  • Shared parenting responsibilities reduce exhaustion
  • Combined resources and focused attention benefit children's development
  • Long-term planning becomes more feasible with dual support

The Cooperative Advantage of Wealth

Rich people also tend to do work in a group settings better. Poor communities are often scattered in terms of their work and far more prone to infighting. This allows the rich to support each others children in a quid pro quo arrangement as they all want similiar things. Since they all think long term in terms of advantage, they can work in cooperative settings better.

Wealthy communities demonstrate patterns that reinforce advantages:

  • Better ability to work cooperatively toward shared long-term goals
  • Mutual support networks that benefit each other's children
  • Common values around education, career development, and wealth building

Meanwhile, poverty often forces short-term thinking that makes cooperation more difficult:

  • Immediate needs take priority over long-term planning
  • Diverse urgent priorities make community alignment challenging
  • Limited resources can intensify competition rather than cooperation

This creates a middle-class squeeze where upward mobility becomes increasingly difficult—caught between established wealth networks above and fragmented support systems below.

The question isn't simply about who works harder. It's about understanding how advantage accumulates across generations, creating systems where some people's work yields far greater returns than others in similar or even more demanding roles.

As a reader you could point to exceptions about families with hardworking parents but poor and vice versa. It does happen, but it doesn’t last very long. In a couple of generations, the hardworking family eventually gets to the wealthy track while the ones that are throwing away their advantages will get back to poverty.


-Balaji Viswanathan


Luck or Hardwork ?

 

My Life Story: 5000 rupees to 500 crores (Last Part)

Read the first part here before proceeding below :  First Part A fter running the coaching center in Guntur for one year, I had to shut it d...