Real way to get rich for midwits

[12345 No.22454669]

Since I have free time at my hand I want to share with you how I, together with my brother, got rich. I understand that this is not the best time, but I decided to share it anyway while I'm in mood. Also, English is not my 1st, please bear with my grammar mistakes.

Step 1.
>Be decent health, 0 savings midwit
>Get a day job
>Get a part time evening job
>Work 80 hours a week
>Save every penny you can
>Save up 100k

First step is to save up some money to invest. The straightforward way is to just work hard and don't spend. College is a waste of time and money for our purpose alone.

Step 2.
>Be 100k savings midwit
>Quit part time job, keep day job
>Find a struggling small biz
>Tell them you want to invest $$$
>Read all papers
>Investigate finances, logistics, hr, market share and etc.
>Ask all your stupid questions
>Talk with your friends, family and people on the street
>Ask all your stupid questions
>Don't invest
>Repeat 15-20 times

Second step is to get some knowledge on small biz. Before rushing to invest you need to have some knowledge and experience on how things work. Focus on 1-2 fields. It can be textile, manufacturing, tech, fashion... The only field I urge to stay away is eateries. They have high risk and low return.

[Anonymous No.22454755]

Great way to get rekt little boy. you’d be better buying shitcoins with that 100k

[Anonymous No.22454784]

>>22454755
funny thing is this is actually true

[Anonymous No.22454830]

>>22454755
fpbp. times have changed boomer. op's post sounds like the classic rich boomer talk he tells his grandkids about "making it"

[12345 No.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.

[Anonymous No.22454946]

>>22454669
>>22454886
kys you retarded delusional boomer
You are like a 90 year old who tries to give dating advice in current times
Neck yourself for being so retarded

[Anonymous No.22454962]

>>22454755
>>22454784
>>22454830
ssshhhhh I wanna hear grandpas advice for once

>>22454886
Once you make it, should you hold mostly cash or be split among many different things?

[Anonymous No.22454970]

work 3 years to get 100k or invest 10k and watch it go to 100k in 1 year while neeting your ass off

[Anonymous No.22455076]

>>22454669
on what other forums are you active? its useless to tell here anything like this. 99% here are just bottom of the barrel.

[12345 No.22455085]

>>22454755
>>22454784
>>22454830
>>22454946

This works at all times

[Anonymous No.22455088]

>>22455076
this is not a forum you reddit faggot
Kill yourself, you are the subhuman here

[12345 No.22455111]

>>22454755
>>22454970
Investing in shitcoins is a pure speculation. It has a very high risk, you can spend your life speculating and failing back to zero again and again.

[12345 No.22455143]

>>22454962
We just keep liquid cash at hand, to invest if we need it. We don't invest in stocks or real estate. We bought some gold and silver earlier this year, because our savings were piling up and we didn't have good biz to invest. A

[Anonymous No.22455369]

run this by me boomer, what kind of contract you get when investing in a business?

[Anonymous No.22455455]

>>22454970
Where the fuck would you work to make $2800 every single month for three years after tax, expenses, necessary spending, transportation, food, rent e.t.c?
The best job i can find without education and other requirements pays $670 before any spending.

[12345 No.22455623]

>>22455369
We just get common shares, because we don't really want to get involved in decision making. However, shit happens, and sometimes we do need to get involved. You need to put reasonable covenants and reasonable liquidation preference in the contract.

[Anonymous No.22455708]

>>22455455
just lie about having a degree and apply to AP/AR roles and big 4 SDC roles.

Donate plasma too.

[Anonymous No.22455900]

>>22454669
Unless there's some online job i can do i can't even get through step one.
Thanks for the effort though.

[Anonymous No.22456168]

>>22455455
>$2800
Lol.
Work from home coding.

[Anonymous No.22456276]

How rich are you guys? (Give actual numbers). And how long did it take to get rich? I'm pretty young and can get the money to do this, and no larp I actually want to and will do this, this sounds like the easiest shit ever for a midwit like me. Can you please give any more details/tips/tricks or any common obstacles you encountered?

[Anonymous No.22456323]

>>22456276
Also how do you find struggling small businesses in the first place? It's not like you can tell if they are struggling or not

[Anonymous No.22456326]

>>22456276
>Can you please give any more details/tips/tricks or any common obstacles you encountered?
Be prepared to suck dick and lose your soul in the process, get used and abused and discarded.
Then smoke crack and push a cart of your bumshit until you get a heart attack.
Suck more dick just to get a sandwich.

[Anonymous No.22456419]

>>22456326
Can you offer some advice on how to suck dick?

[Anonymous No.22456531]

>>22456276
If you can’t spot a struggling business or know where to look for them you need to work more. This is for midwits not fuckwits.

[12345 No.22456607]

>>22456276
>>22456323

My net worth is close to 900k, my brother's is little less. We started 7 years ago, I'm 32 now. This whole idea came from my uncle, he just a bought a small share in some business and we discussed expected roi and what not, and together with my brother decided to do it. In Step 1, the biggest problem is saving money you earn. I stopped smoking, eating out and even explained to my girlfriend what I'm trying to do and told her not to expect expensive gifts, travels and night outs.
It took us less than 2 years to get to step 2, but we didn't start from zero.

In step 2-3, unironically the hardest part is to say NO. You need to have a very high filter. You spend weeks in close contact with biz owners and workers, you might like them personally, even become friends. But if you need to say NO, it's NO. Another hard part is to ask questions about things that you don't know. Don't shy away from sounding stupid, ask whatever you want to know and follow up if you don't understand it.

The biggest threat is that private businesses might lie about finances. Look very carefully at revenue, debt, expenses and sources of expenses.

Just go in and talk with biz owner ask some questions about his business. Often they are very happy to talk. With time you will get a big network and people will throw info at you about different investment opportunities.

[Anonymous No.22456616]

>>22455708
>>22456168
>here's advice for midwits
>don't get education
>somehow get hired and excel to stay for 3 years at top tier positions without any education or past experience getting payed $4000+ a month
Cool advice bro.

[Anonymous No.22456770]

>>22456607
pretty based man. Godspeed

[Anonymous No.22456786]

>>22456531
How to go from fuckwit to midwit?

[Anonymous No.22456814]

>>22456616
Yep. What you're asking can't be done.

[Anonymous No.22456871]

Richfag here. All in biz hyped memeable coins, hold tight,wait for bull cycle, at peak hype, take profit, do it all over again, be rich as fuck.
As a poorfag you will need 2 cycles. 1000$ for the 1st,~ 100k for the 2nd.
You now have 8 figures, congrats.
Fuck the jew rotten established way, go all in into clown world territory, fuck the system who actively tries to eradicate you, replace your genom, bury your history, erase your racial accomplishments. Crypto is the dissident way to go.

[Anonymous No.22456919]

Might as well join a MLM insurance gang, pay $500 for state licensing and live off royalties. Listen to OP if you live outside America, y'all need to break your backs for us.

[Anonymous No.22456933]

>>22456871
Can you help a midwit out and list the biz hyped memeable coins? Besides LINK I literally can't tell the difference between a shill token or a memey token

[Anonymous No.22456969]

>>22456607
Only fruitful for high IQ, battle tested anons. I am dumber than you, less stressed, more free time, no contractual ties, no obligations, yet way more financially accomplished than you, as a ~98 IQ former construction worker.
Biz all day since 2017. Buy the 7 most talked coins on biz religiously, except rpx and bsv, and you will make it.
But regardless, i do appreciate your effort posting showing another way to go, thanks for that fren.

[Anonymous No.22457020]

>>22456969
Where in the cycle are we right now?

[Anonymous No.22457057]

>>22456933
follow the correct people on twitter. follow the whale link wattets.

try uniswap pump and dumps if you want to gamble. but there's no real reason to do that just now. you will easy 50x if you hold link/aave/yfi

[Anonymous No.22457080]

>>22456933
Use google for most mentioned coins on biz. At the top of my head, its also 85% of my folio, Btc, Eth, Link, Rsr, Sta, Xsn possible others Pnk,Rlc,Yfi.
If poor consolidate away from Btc and you will have your 25-75x for the next bull run ~2024-2026 or so to go after the 7 figure. Good luck fren.

[Anonymous No.22457111]

>>22457080
>>22457057
>>22456969
>>22456871
>>22456607
Thanks

[Anonymous No.22457124]

>>22457020
Possibly on the beginning of a bull run, with peak hype in 12-18 months. Corona could fuck it all up, but i dont care, i got high 7 figures in shitcoins, only 10k in tether, so i want to believe.

[Anonymous No.22457132]

>>22456607
What fucking retard company is giving you 50-100% ROI divis instead of just borrowing from the bank. The very businesses who can't finance from the bank are probably going down the shitter anyways.

I refuse to believe this isn't some bullshit larp.

[Anonymous No.22457145]

>>22457057
fucking hell. wattets lmao, that's not even a word why did swipe do that. you know what i mean tho anyway

[12345 No.22457176]

>>22456969
>>22456933
As I said, investing in coins is a pure speculation. They don't have cash flow. You might have made money in the last cycle, it doesn't mean you will make it in the next cycle. There is no guarantee there will be another bull run and even if it happens, it's safe to say that most people will lose money.

On the other hand, the way we did with my brother works for anyone and if you do it without cutting corners, guaranteed to make you rich. Invest in profitable businesses and get share of profits. It's simple as that.

[Anonymous No.22457219]

>>22457176
>>22457132

You seem to have absolute zero understanding of how businesses work.

>'Invest in profitable businesses and get share of profits'.

So your suggestion is to find struggling businesses, inject cash at higher implicit lending rates than banks, assume a magical turnaround for the business to a position where they CONSISTENTLY pay a divi to you, all while ignoring any opportunities to charge NED fees and actually provide value?

[Anonymous No.22457275]

>>22457176
>>22457219
He's got a boomer mindset but it's ok. I'll do both of these and see which one works out

[Anonymous No.22457305]

>>22454946
>i tried talking to them grandpa, they just called me an incel

[Anonymous No.22457434]

>>22457219
He's an ultra larper who knows fuck all about businesses.

[12345 No.22457489]

>>22457219
>So your suggestion is to find struggling businesses, inject cash at higher implicit lending rates than banks, assume a magical turnaround for the business to a position where they CONSISTENTLY pay a divi to you, all while ignoring any opportunities to charge NED fees and actually provide value?

You got this very right. We are looking at struggling private businesses, because we want to get a share at a discounted rate. And of course we invest if we believe there will be a turnaround, that's why I'm stressing to have a high filter. We invested in 9 private businesses in last 5 years. Businesses might be struggling for variety of reasons and sometimes they can be solved with some cash.

>all while ignoring any opportunities to charge NED fees and actually provide value?
Nothing wrong with being a NED, but we don't do it. We still help with solving problems from time to time, but other than that we prefer to keep our time for other things.

[Anonymous No.22457681]

>>22457489
What fucking planet do you live on that you think any struggling business looks at an equity investment as preferable over small business loan at the bank, let alone then allows this minority shareholder to offer suggestions before willingly fucking themselves further by declaring a divi first year they miraculously turnaround.

You say you started doing this 7 years ago with 100k, turning it into 900k. What business on the PLANET pays out dividends the first year of an equity investment IN EXCESS of the initial share purchase.

Fucking hell OP you're retarded. If you're going to mega larp at least make it believable.

[Comfy No.22457768]

>>22454669
This is wrong. Midwits cant figure out all the potential legal, financial and contractural issues with a struggling company. It is better to start fresh than to bail out a failing business. Only once you have a solid business or two should you look into aquiring others in a bid to take over brands, designs, patents or market dominance that may be gettimg dragged down from the current ownship.

[12345 No.22457917]

>>22457681
Jesus Christ, take your pills and calm down anon. I didn't say dividends, I said roi, which includes increase in evaluations of my shares. Neither I said, profits need to be shared in the first year. It all can be discussed and arranged in the best way for all parties involved.

>What fucking planet do you live on that you think any struggling business looks at an equity investment as preferable over small business loan at the bank

There are a lot of private businesses who are ready and happy to do this on planet Earth.

[Anonymous No.22457940]

>>22454669
If you find college a waste of time you're either a rare genius or a complete retard who will lose everything on the first try, I doubt you're a genius

[Anonymous No.22457946]

>sell shit on amazon, make 100k/year
>$5000 initial investment
>3 years later, 200k saved up
>invest in crypto
>done

[Anonymous No.22457973]

>>22455085
maybe in your developing 3rd world shithole but not in the US of A nigger

[Anonymous No.22457987]

>>22454669
>Before rushing to invest you need to have some knowledge and experience on how things work
Well fuck I'm dead in the water then.

Can't I be like that rich guy with right hand men who do everything for me?

[Anonymous No.22457993]

>>22454669
>Real way to get rich for midwits
If you're a midwit stop doing all that. youre not made for this.
Instead put that 100k into index funds keep on putting it into index funds till you have yourself a good financial safety net. after that invest it into whatever the fuck your midwit head thinks is good (It probably isnt unless you follow a higher IQs advice)

[Anonymous No.22458019]

>>22457946
>sell shit on amazon
Dropshipping? Fuck do you mean.

[Anonymous No.22458059]

>>22458019
there are many paths

find your path

and take 5grams of dried shrooms on an empty stomach in a dark room by yourself so you get rid of that ego and you get clear path on the life you need to live

[Anonymous No.22458087]

>>22456276
22 just over 200k usd, run own business.
Would say from making my own business, I'd never recommended it to anybody. Alot of rule of dice at start and normies are completely not cut out for it.

I save about 6k USD a month at the moment, don't really invest in shitcoins with much money at all though, too many normies on this board extremely high-risk asset. Pajeets all over the place too now.

[Anonymous No.22458101]

>>22458087

[Anonymous No.22458125]

>>22458101

[Anonymous No.22458321]

>>22458101
>>22458125

[Anonymous No.22458424]

>>22458059
Agreed. I find that meth is cheaper than food. I suggest spending your money on meth and then profit

[Anonymous No.22458466]

>>22458424

that analogy don't work