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/biz/ - Business & Finance

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>> No.22454886 [View]
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22454886

>>22454669
While doing step 2, you should also educate yourself on the topic. Read books, analyze the market, talk with knowledgeable people

Step 3.

>Be 100k+ midwit
>Pick 1-2 best biz from biz that you researched
>This your benchmark
>Keep day job, continue Step 2.
>Find a small biz better than your benchmark
>Get a good lawyer
>Invest $$$ for minor share
>Continue step 2.

For your first investment you need a very high filter. Don't rush to invest. Don't fomo, don't simp. Good small biz has a very high return. You can expect 50%-100% yearly roi, if it's less than 40%, you are doing it wrong. You don't need to invest all of your savings, invest what is needed. Don't borrow to invest.

Step 4.

>Continue step 2. and 3.
>Quit your day job once your biz income>day job income

Imo, this is the best way to get rich for any midwit. Anybody can do it. Do it the right way, without shortcuts and you will make it.

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