The first method to get rich quick is not very quick and is taking a lot of hard work. Sure, it’s still faster than buying stocks all your life and getting rich at 65. But I know a lot of people will not like the few years hard work it involves.
The second way to riches can be faster. The work involved can be much less.
Find just one big deal (millions in size) where you can participate – either as a side in the deal or as an agent. Close the deal and make few millions. Then all you need to do is to manage the money so you don’t waste it.
What Does It Take
A lot of luck, a good nose for deals, being blunt, tenacious and sometimes impudent.
You may never find the right deal. Most people don’t. The good news is they don’t try at all. So the success ratio within these who try is not that bad.
Such deals exist in every business. The first thing that probably comes to your mind is real estate. Find a good big property for $100M (for example a Mall) in a foreign country, find investors, connect and get few millions commission. You can do this with infrastructure projects, energy projects, software, food… everything. This is the agent’s way. It’s much easier said than done, but these opportunities do exist. Especially with the help of online tools like LinkedIn, Alibaba and more. Remember, most people don’t believe it is possible and don’t look for deals, that’s why they never make them.
The other way is to be a part of the deal. I bet the most popular product or service in your business is not much better than what you or your company does. It’s all a question of getting recommended on the right places. So if you produce something, find someone who is known well enough and make a joint venture deal to be recommended by them. Then the sales will start rolling in. For example if you sell software, it’s enough to be recommended on TechCrunch to make loads of cache. If you sell anything else, get recommended by Time magazine and you are done. Well, maybe not exactly but you got the idea.
There are no guarantees. There are no guarantees for the problem solver either, but if he plays his card right, he can be almost sure in his success. Unlike that, the opportunity seeker may never find the right deal or make the right connections. Some people simply are born for that while most of us are not.
How To Start
Don’t random seek for opportunities that you know nothing about. Start by thinking for deals in your niche. What can you do that is good enough to be recommended by someone big enough? Can you establish a relationship with them? If you prefer the agent’s way, what protects your part in the deal? If you can answer these questions, you will be one step closer to making it.